WASHINGTON (AP) — The U.S. trade deficit widened in May to the highest level in 18 months as a rebounding economy pushed up demand for imports of foreign-made cars, computers and clothing. The trade deficit increased 4.8 percent to $42.3 billion, the largest imbalance since November 2008, the Commerce Department reported Tuesday.
DETROIT (AP) — Corvette owners could soon be revving up an engine they built with their own hands. General Motors Co. said Monday that buyers who order a 2011 Corvette Z06 or ZR1 can help assemble their cars' high-performance LS7 and LS9 engines. The automaker believes the program is the first of its kind in the industry.
May U.S. manufacturing technology consumption totaled $178.34 million, according to AMTDA, the American Machine Tool Distributors’ Association and AMT — The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTC program, was down 22.
CHARLESTON, W.Va. (AP) — In 1943, four women working at a Goodyear Aircraft factory in Akron, Ohio, signed their names on the wing of the airplane they were putting together. Sixty-seven years later, one local "Rosie the Riveter" is being recognized for her contributions to the war effort.
BEAVER, Pa. (AP) — About 150 western Pennsylvania workers have been told they will lose their jobs with the closing of a specialty ceiling tile plant. Armstrong World Industries announced Friday that the 107-year-old Beaver County plant will close in phases over the next year.
NEW YORK (AP) — Johnson & Johnson said Monday it will pay $480 million for medical device maker Micrus Endovascular, adding a range of treatments for stroke and brain aneurysms. Johnson & Johnson said it will pay $23.40 per share, marking a 5.5 percent premium to Micrus' closing price on Friday.
SAN JOSE, California (AP) — A federal judge says a monopoly abuse lawsuit against Apple Inc. and AT&T Inc.'s mobile phone unit can move forward as a class action. The lawsuit consolidates several filed by iPhone buyers starting in late 2007, a few months after the first generation of Apple's smart phone went on sale.
BERLIN (AP) — Volkswagen says it's seeking to use more locally acquired parts in its auto production in North America. CEO Martin Winterkorn told the Sueddeutsche Zeitung daily newspaper for its Monday edition that it's not enough to produce cars in North America, but "we also need to get parts and components from there.
CARBONDALE, Ill. (AP) — It's the kind of publicity any university might dream about: An instructor uncovers a possible flaw that's causing some of the world's most popular cars to accelerate suddenly. His ground-breaking work attracts interest from Congress and reporters worldwide. But as Southern Illinois University's David Gilbert sought to show that electronics might be to blame for the problem in Toyotas, the world's largest automaker tried to cast doubt on his findings.
DETROIT (AP) — A decade ago, the PT Cruiser roared onto the road with trendsetting looks and Al Capone swagger. In a sea of bland Honda Civics and Toyota Camrys, it was a retro hit. Chrysler could barely keep up with demand. On Friday morning, the last Cruiser rolled off the assembly line in Mexico, finally killed off after years of declining popularity.
WASHINGTON (AP) — The European defense contractor EADS said it sumbitted its official bid Thursday for the Air Force's long-delayed, $35 billion aerial refueling plane contract. European Aeronautic Defence and Space Co., the parent of the aerospace company Airbus, said its North American division delivered copies of its 8,800 page proposal to an Air Force base in Ohio a day before the Pentagon's deadline for bids.
DETROIT (AP) — Detroit officials say a company's admission in a civil lawsuit against a small art gallery to owning the long-abandoned Packard Motor Car plant could jump-start the process of getting the blighted structure torn down. Bioresource Inc. earlier this week filed a lawsuit against the operators of the 555 Arts gallery for the return of an 8-foot section of wall featuring artwork and a message by elusive British graffiti artist Banksy.
NEW YORK (AP) — The patent-holding company that won a settlement of more than $600 million from the maker of the BlackBerry said Friday it has sued six other makers of phones and phone software. Patent company NTP Inc. is suing Apple Inc., Google Inc., Microsoft Corp., HTC Corp., Motorola Inc.
WASHINGTON (AP) — The government says Chrysler is recalling about 22,000 sport utility vehicles and trucks to fix brake tubes that could lead to the loss of brake fluid. Ford Motor Co., meanwhile, is recalling more than 30,000 2010 Transit Connect vans to replace pushpins holding the liners above the driver's head.
BEIJING (AP) — Chinese officials have found large batches of milk powder laced with a deadly industrial chemical in at least three provinces that was apparently left over from a milk scandal in 2008 that killed six babies and sickened hundreds of thousands. The discovery shows that toxic milk remains a danger in China despite a crackdown in which dozens of people were arrested and two — a dairy farmer and a milk salesmen — were executed for producing or selling toxic milk.
NAGOYA, Japan (AP) — The president of Toyota Motor Corp. said he has spent the last year apologizing for the automaker's missteps and now hopes to lead the company past its recall crisis and restore confidence in its vehicles. Akio Toyoda, speaking to U.S. reporters on Friday, also reiterated the company's commitment to fuel-efficient vehicles and said the automaker is testing an electric car prototype with technology from Tesla Motors Inc.
GENEVA (AP) — An experimental solar-powered plane whose makers hope to one day circle the globe using only energy collected from the sun took off for its first 24-hour test flight Wednesday. The plane with its 262.5-foot (80-meter) wingspan left Payerne airfield in Switzerland shortly before 7 a.
WASHINGTON (AP) — The Obama administration is proposing a new rule to tighten restrictions on pollution from coal-burning power plants in the eastern half of the country, a key step to cut emissions that cause smog. The Environmental Protection Agency said Tuesday the new rule represented its most consequential effort yet to tackle deadly pollution that contributes to smog and soot that hangs over more than half the country.
WASHINGTON (AP) — U.S. health officials have approved a first-of-its-kind technology to counter a leading cause of blindness in older adults — a tiny telescope implanted inside the eye. The Implantable Miniature Telescope aims to help in the end stages of incurable age-related macular degeneration, a creeping loss of central vision that blocks reading, watching TV, eventually even recognizing faces.
TOYOTA, Japan (AP) — Toyota Motor Corp. is extending the time it takes to develop new vehicles by about four weeks for more quality checks in the wake of its massive safety-related recalls, a top executive said Wednesday. Executive Vice President Takeshi Uchiyamada said the company has learned a lot from its recalls of more than 8.