Airbus parent company EADS said its first quarter earnings were hammered by a hefty $203M charge to fix problematic wing parts on its flagship A380 superjumbo.
President Barack Obama has pushed for its renewal, saying it is key to his jobs-promoting goal of doubling exports over a five-year period.
U.S. companies restocked more slowly in March, continuing a trend that has weighed on growth this year.
Battery maker A123 Systems said its 1Q was pulled down by hefty costs related to its ongoing replacement of potentially defective batteries and the shutdown of the plant that made them.
Plexus Corp. says its new $50 million high-tech manufacturing plant in Neenah will create 350 jobs.
LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., filed for bankruptcy protection on Monday.
Americans are starting to see some relief from higher gas prices, a change that could revive the economy in the months ahead.
European markets bounced back from early losses on news that the 17-country eurozone has narrowly dodged recession, thanks mainly to strong growth in Germany.
The Woonsocket Call reports the company plans to put $1M into the facility and hopes to increase its 50-member workforce by 25 percent as part of its expansion plans.
Machinery maker Toyota Industries Corp. said Tuesday an opening ceremony was held Monday in Vietnam for a plant producing forklift parts.
Since Kodak filed for Chapter 11 bankruptcy protection in January, the company has announced nearly 500 layoffs in the Rochester area.
China's economic growth has decelerated from overheated to slower than Beijing wanted in just half a year as export demand and consumer spending at home weaken.
A federal judge struck down new regulations governing union elections, saying the National Labor Relations Board did not follow proper voting procedures when it approved the rules last year.
General Motor's Opel unit will push into new export markets and increase the efficiency of its plants to return to profitability, the head of the Germany-based subsidiary said.
Ghosn said the Japanese automaker remains committed to producing 1 million units per year in Japan despite the strong yen.
The leading Japanese automaker built the factory at a cost of around 3.8 billion yuan, or about 50 billion yen, creating 2,000 jobs, it said.
U.S. safety regulators are investigating a complaint that a car owner's ear was cut in half when a side air bag inflated in a Hyundai Elantra.
Brose North America Inc. announced an agreement to buy the 380,000-square-foot facility to increase its capacity for door modules and seat structures.
Diesel engine maker China Yuchai International Ltd. said Monday its first-quarter profit fell 27 percent, pulled down by lower demand from commercial vehicle makers.
Canon Inc. is moving toward fully automating digital camera production in an effort to cut costs — a key change being played out across Japan, a world leader in robotics.