Kansas City Screw Products has filed a lawsuit alleging its former office manager stole nearly $2.7 million from the family-run business and that two banks should have caught the scheme.
Chinese officials face a choice in Apple's dispute with a local company over the iPad trademark — side with a struggling entity that a court says owns the name or with a global brand that has created hundreds of thousands of jobs in China.
Chrysler is withdrawing its application for $3.5 billion in government loans that it planned to use to develop fuel-efficient vehicles.
General Motors Co. plans to freeze its U.S. pension plan for longtime white-collar workers and give all salaried employees annual bonuses but not pay raises in an effort to hold down expenses, officials announced.
About 100 people in an eastern Arkansas town will lose their jobs after a copper tube company decided not to rebuild part of its plant that was destroyed by fire in September.
Toyota Motor Corp. said Thursday it has begun production and sales of the Camry Hybrid at a Taiwan plant, its seventh hybrid-vehicle production site outside of Japan.
Auto dashboards are becoming an arcade of text messages, GPS images, phone calls and web surfing, the government says, and it's asking carmakers to curb those distractions when vehicles are moving.
Cybersecurity experts are urging senators to close loopholes in legislation to give the government more power to force critical industries to make their computer networks more secure.
Caterpillar plans to build a new manufacturing facility in Georgia, bringing an estimated 1,400 jobs to the state, an official familiar with the project told The Associated Press on Friday.
A clothing manufacturer went public Thursday with worries that a Kentucky factory could be forced to close, idling about 100 employees, because the federal government is considering letting prisoners do the work.
The head of General Motors Europe says the company is in talks with unions and employee representatives on ways to cut costs and return the company's Opel and Vauxhall brands to profitability.
Nestle SA, the world's biggest food and drinks maker, managed to brush aside the impact of a soaring Swiss franc to post strong growth and bigger-than expected profits in 2011 with brisk sales in developing countries.
General Motors earned its biggest profit ever in 2011, but signs are emerging that its momentum could slow.
Nevada is becoming the first state to regulate self-driving vehicles on its roadways.
Manufacturers have been hiring more consistently than other employers, for jobs with better-than-average pay. And more factory output has raised demand in some other industries, such as shipping, leading to further hiring.
Michigan environmental regulators said Thursday that they reached a long-sought deal with Dow Chemical Co. to clean up to 1,400 residential properties in Midland, home of its corporate headquarters and a plant that polluted the area with dioxin for much of the past century.
If there's one thing Republicans and Democrats agree on, it's that small business is the answer to what ails the economy.
Olympus Corp.'s former chairman, suspected of orchestrating a massive cover-up of losses at the Japanese camera and medical equipment maker, has been arrested, media reports said Thursday.
American businesses are finding their prospects in China clouded by surging costs, intense competition, and regulatory interference, despite the country's crucial importance for their survival, according to a report released Wednesday.
Lexus is the top performer in a survey of vehicle dependability released Wednesday, but most other brands also showed improvement in an industry that has reached historically high dependability levels.