The Michigan Economic Development Corporation today announced Michigan Strategic fund approval of two business expansion projects that are expected to generate nearly $22 million in investments and add up to 115 new jobs in Michigan.
A federal judge approved outgoing emergency manager Kevyn Orr's long-term fiscal recovery plan, which calls for $1.7 billion to remove blight, train city workers, hire more first responders and shore up services to improve the lives of Detroit residents.
Healthy job growth in the United States has reached a level of consistency unseen in nearly two decades. But, the U.S. job market is hardly without its own weaknesses. Americans' average hourly pay rose only slightly last month, a negative note in an otherwise solid report.
LNS Research has assembled a free Manufacturing Execution System (MES) toolkit for manufacturers who are considering implementing an MES system.
Life is genuinely sweet with the cold, refreshing taste of Coca-Cola Life. The new beverage is The Coca-Cola Company’s first reduced calorie cola to use a blend of cane sugar and stevia leaf extract.
The federal labor department is suing to protect West Virginia steelworkers who may have lost millions in retirement savings because investment managers hired by Severstal Wheeling failed to properly oversee the plan.
The Federal Reserve says overall borrowing rose $15.9 billion following a $14 billion gain in August and a $22.8 billion July increase. The gains have pushed total consumer debt to a record level of $3.27 trillion.
The unemployment rate no longer seems to reflect America's mood. After Tuesday's midterm elections, exit polling showed how little falling unemployment has resonated. Most voters said they cast their ballots out of fear for the economy.
Emails from a court case show that General Motors Co. ordered 500,000 replacement ignition switches almost two months before telling government safety regulators that the switches would be recalled.
General Mills cuts its sales and profit outlook for the year on Friday, citing persistent sales weakness in the U.S. food industry.
Boeing officials say they are discussing the sale of the company's land in south Wichita, Kansas.
Germany's exports rose sharply in September and factory production was also up, but experts say it may not be enough to stave off a recession.
The Department of Labor reported this morning that America's manufacturing sector added 15,000 jobs in October. AAM President Scott Paul responds to this increase saying, “the good news is that manufacturing jobs have grown over the past few months. The bad news is that they haven’t grown fast enough."
Canadian engineering and construction giant SNC-Lavalin says it will reduce the company's global workforce by 4,000, or 9 percent of its total.
Honda is adding hundreds of thousands of vehicles to a previously announced recall for passenger air bags that can explode with too much force and send shards of metal into the passenger compartment.
Officials from North Carolina, South Carolina and Virginia met privately Thursday with federal regulators and groups funded by oil and gas companies to discuss plans for drilling off the Atlantic coast.
A diverse coalition including retailers, manufacturers and farmers and other supply chain stakeholders sent a letter to President Obama today urging the government’s immediate involvement in contract negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union.
Three days after voters registered their sourness about the U.S. economy, the government said Friday that employers added a solid 214,000 jobs in October, extending the healthiest pace of hiring in eight years.
Republicans' resounding victory gives them an opportunity to push legislation that's been bottled up in the Democratic Senate, from targeting elements of President Barack Obama's health care law to constructing the Keystone XL oil pipeline to rolling back environmental regulations.
Nonfarm business sector labor productivity increased at a 2.0 percent annual rate during the third quarter of 2014, the U.S. Bureau of Labor Statistics reported today, as output increased 4.4 percent and hours worked increased 2.3 percent.