America’s surging trade deficit with China has cost more than 3.2 million U.S. jobs – the overwhelming majority of them in manufacturing – according to a study released today by the Economic Policy Institute (EPI).
Rudolph the Red Nosed Reindeer, still a staple of holiday TV, was brought to the screen half a century ago by GE executive William Sahloff. He likely didn’t know that, just a couple of years earlier, a GE engineer had invented the red LED in the company’s labs.
Proponents of an Oregon ballot measure requiring labels on genetically modified foods conceded defeat Thursday after a judge ruled against them and an automatic recount appeared unlikely to sway the outcome.
Falling gas and food costs pushed down overall U.S. wholesale prices last month, evidence that cheaper oil worldwide is limiting inflation.
Civil rights leader Jesse Jackson spent most of this year pressuring the technology industry into facing up to the glaring scarcity of women, blacks and Latinos at companies renowned as great places to work.
Chrysler is bowing to demands from U.S. safety regulators and will add about 179,000 vehicles to a recall for air bags that could explode with too much force.
Alcoa Power and Propulsion, a unit of lightweight, high-performance metals leader Alcoa, is doubling its high-technology coating capacity at its Whitehall, Michigan facility. The $16.7 million investment will position the Company to further capture growing demand for advanced jet engine parts.
Honda, Nissan and Mitsubishi announced more recalls for the same possibly defective Takata air bags that Toyota recalled earlier this month after one exploded during scrapping in Japan.
Chinese leaders on Thursday affirmed their commitment to a "new normal" of slower economic growth next year and promised to help the poor and promote market-oriented reforms.
Federal statistics show that women make up nearly half of the U.S. workforce yet hold less than a third of the nation's 12.2 million manufacturing jobs. So some companies looking for welders, machinists and other skilled workers are turning their sights to women.
October U.S. cutting tool consumption totaled $193.6 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Democrats successfully blocked measures to prohibit the government from regulating heat-trapping carbon dioxide from power plants for the first time and to throw out rules by the Environmental Protection Agency that expand the number of waterways that can be protected from pollution. Both efforts are likely to come back next year when Republicans are in charge.
The federal government's deficit for the first two months of the new budget year is down 21 percent from the same period a year ago, although much of that improvement stems from quirks in the calendar.
President Barack Obama is meeting with corporate advisers and pushing for a simpler tax code for businesses and expanded trade, two policy proposals that are certain to put him at odds with some fellow Democrats as he enters the last two years of his presidency.
Detroit is formally emerging from bankruptcy, marking the end of the largest municipal bankruptcy in U.S. history, Michigan Gov. Rick Snyder announced Wednesday.
The family of a U.S. senator whose son was killed in a plane crash is seeking damages from the aircraft's manufacturers in a negligence lawsuit.
The food industry is likely to find a more receptive Congress come January in its fight against mandatory labeling of genetically modified foods. Setting the stage for debate after Republicans take control, a House subcommittee on Wednesday was to review legislation that would make such food labels voluntary.
North America, once a sponge that sucked in a significant portion of the world's oil, will instead be supplying the world with oil and other liquid hydrocarbons by the end of this decade, according to ExxonMobil's annual long-term energy forecast.
International Automotive Components (IAC), a leading automotive interior components supplier, celebrated the opening of its newly expanded manufacturing operation in Anniston, Ala.