New York's attorney general has announced a settlement with generic drug manufacturers Ranbaxy Pharmaceuticals and Teva Pharmaceuticals USA intended to ensure they don't collude to restrict competition.
At over 12 million jobs nationwide, manufacturing employment is now the highest it has been since 2009. The sector recovered handsomely from the setbacks it had faced earlier in the second and third quarters and is poised to start the new year on a strong footing.
The Obama administration suspended BP's ability to get new federal contracts in late November 2012, after it pleaded guilty to criminal counts resulting from the Deepwater Horizon disaster in the Gulf of Mexico in 2010 that killed 11 men and spilled millions of gallons of oil into the gulf.
The plants were expected to supply 550 megawatts of renewable energy, enough to power about 170,000 homes, Secretary of Interior Secretary Sally Jewell said in a release Wednesday. More than 700 jobs will be created through construction and operations, she said.
Authorities ordered the evacuation of an entire northern Iowa city Thursday as firefighters battled a fire at a fertilizer plant. Officials said the fertilizer used for crop dusting contains sulfuric acid, and that the evacuation is necessary to prevent residents from breathing in that chemical.
The leaders of the three NAFTA nations met Wednesday in Mexico in part to highlight the economic cooperation that has grown since NAFTA joined the U.S., Canada, and Mexico 20 years ago. But all eyes were on one key area that NAFTA didn't touch: energy.
China's economic activity has slowed steadily as the government tries to reduce reliance on investment in industry and infrastructure and encourage more sustainable growth based on domestic consumption.
A Nebraska judge on Wednesday struck down a law that allowed the Keystone XL pipeline to proceed through the state, a victory for opponents who have tried to block the project that would carry oil from Canada to Texas refineries.
U.S. Sen. Edward Markey has unveiled a gun control bill he says will help reduce firearm violence by requiring all new guns to be personalized so they can be fired only by their owners or other authorized users.
Tennessee officials promoting a 6-square-mile "mega site" outside Memphis say it would be ideally suited for a new auto assembly plant — even if its workers are represented by the United Auto Workers union.
Loss-making French carmaker PSA Peugeot Citroen is getting a 3 billion euro lifeline backed by Chinese investors and the French government in a deal that will see the company's founding family hand over control after more than two centuries at the helm.
It might be unfathomable to people who still bear scars from the double-digit inflation of the 1970s, but what the global economy could use right now is a dose of higher prices.
Smiths Detection has received a $42 million follow-on production order from the US Department of the Army for Chemical Biological Protective Shelters (CBPS) to equip the National Guard. CBPS systems are mobile medical shelters – designed to military specifications – highly resistant to chemical and biological threats.
This has been the snowiest winter nationally in four years and the coldest in three years, costing businesses of all sizes and their employees an estimated $15 billion that can't be made up, according to research from Planalytics, which analyzes the economic impact of weather.
Spring water bottler Crystal Geyser's plans to tap an aquifer at the base of Mount Shasta in far Northern California is running into opposition from some residents, environmentalists, and Native American tribes.
Bernd Osterloh, who is also a member of VW's supervisory board, told the German daily Suddeutsche Zeitung in an interview published Wednesday that U.S. labor law experts will check whether undue pressure was put on employees to reject the UAW.
Caterpillar Inc.’s Corinth, Miss., plant is expanding to produce C175 remanufactured engines. The project represents a corporate investment of $14.8 million and will create 30 jobs. The Corinth facility is Caterpillar’s lead facility for large engine remanufacturing worldwide.
Silicon Valley has always rewarded great design, both inside and out. The two companies are among the most exemplary examples of this, be it the iPhone, iPad, or the Model S. Every detail is thought of, and it all works seamlessly with each other. However, that's where many of the similarities end.
The U.S. Department of Agriculture's Food Safety and Inspection Service said in a statement Tuesday that it withdrew inspectors and suspended operations at Central Valley Meat Co. in Hanford, about 30 miles south of Fresno, over the conditions.
Carlsberg says beer sales are likely to fall this year in western Europe and Russia, but continue to grow in Asia. The Copenhagen-based group says its fourth-quarter net sales fell slightly to 15.7 billion kroner ($2.9 billion) as overall beer volumes dropped 3 percent.