While other parts of the economy struggled the past two years, large companies managed to rack up higher profits quarter after quarter. Now reality is catching up with big business.
Bradley County officials approved on Monday a one-time property tax abatement for Wacker Polysilicon, which is building a plant in Charleston that will produce polysilicon for solar panels.
Companies and governments posted 3.38 million jobs in December, the Labor Department said Tuesday. That's up from the 3.12 million advertised in the previous month.
Opponents of Alabama's crackdown on illegal immigration said Monday they have asked the state's three international automakers to help fight for repeal of the law.
A new study suggests that there are promising career opportunities in apps — the services and tools built to run on smartphones, computer tablets, and Facebook's online social network.
Boeing said on Monday that repairs are needed in the tail sections of some of its new 787s, although it said there's no immediate safety concern.
Fisker Automotive, an electric car maker that received a half-billion-dollar loan from the federal government, said that it has laid off workers in Delaware and California.
Research In Motion may not have many suitors at home or abroad especially with Prime Minister Stephen Harper's comments that he would like to see the BlackBerry maker remain a Canadian company, analysts said Monday.
Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track.
The world's largest building at the time of its construction in World War II, is getting smaller by the day as workers take down the brawny facilities that once processed uranium for atomic bombs.
Legislation set to come out in the days ahead is intended to ensure that computer systems running power plants and other essential parts of the country's infrastructure are protected.
In an effort to cut the unemployment rate among veterans, President Barack Obama is calling for a new conservation program that would put veterans to work rebuilding trails, roads and levees on public lands.
U.S. trade officials say under a deal signed Monday in Geneva the U.S. will bring the way it determines tariffs on goods exported at below-market price into line with World Trade Organization rules.
China announced Monday it will prohibit its airlines from paying European Union charges on carbon emissions, ratcheting up a global dispute over the cost of combating climate change.
Smith & Nephew has agreed to pay $22.2M to settle criminal and civil allegations that it bribed doctors to win business.
The Prius hybrid of Toyota Motor Corp. more than doubled from a year earlier in January to 29,108 units, staying as Japan's best-selling vehicle for the eighth consecutive month, industry bodies said.
Mitsubishi Motors Corp. said Monday it will stop building cars at its Netherlands factory — the company's only plant in Western Europe — at the end of 2012.
The unemployment rate came down by two notches from December. It has fallen five months in a row, the first time that has happened since 1994.
Facing new competition from low-cost countries, the sector faces a tough future.