WASHINGTON (AP) — The U.S. economy grew more slowly in the summer than previously thought because consumers spent less than the government had first estimated. But economists expect growth in the current October-December quarter to be stronger. The Commerce Department says the economy grew at an annual rate of 1.
TRENTON, N.J. (AP) — Healthcare giant Johnson & Johnson has issued another recall of Motrin pain relievers, at least the sixth in two years. It's part of a string of more than two dozen recalls of consumer health products, prescription drugs and medical devices over 2 1/2 years.
TOKYO (AP) — Toyota is aiming for a comeback, targeting record global sales of 8.48 million vehicles in 2012 and an even bigger number in 2013, after being battered this year by the March disaster in Japan and flooding in Thailand. Toyota Motor Corp., Japan's top automaker, relinquished its title as the world's biggest in global vehicle sales for the first half of this year, sinking to No.
SAN FRANCISCO (AP) — Oracle stumbled in its latest quarter as the business software maker struggled to close deals, a signal of possible trouble ahead for the technology sector. The performance announced Tuesday covered a period of economic turbulence which has raised concerns that major companies and government agencies may curtail technology spending.
DES MOINES, Iowa (AP) — Deere & Co. is moving ahead with a $113 million expansion at its plant in Ankeny in the wake of almost $10 million in tax incentives for the project. The Des Moines Register (http://dmreg.co/tY5PS6 ) says the Moline, Ill.-based company confirmed plans Tuesday to expand the manufacturing capacity at the factory, which makes products primarily for cotton production.
KITAKYUSHU, Japan, Dec. 21 (Kyodo) — Yaskawa Electric Corp. said Wednesday it will open its first overseas robot manufacturing subsidiary in China in February to meet growing demand for robots in the local auto industry. The subsidiary, Yaskawa's fifth plant in China, will produce and sell welding robots for auto assembly on a 500,000-square-meter site in the eastern province of Jiangsu.
TORONTO — Canada's largest private sector union is calling on Ottawa to review the purchase of Canada's only locomotive manufacturing plant by U.S.-based Caterpillar Inc. (NYSE:CAT) back in 2010. The Canadian Auto Workers union says hundreds of jobs at the Electro-Motive plant in London, Ont.
ROMULUS, Michigan (AP) — Honda is scrambling to revamp its Civic just eight months after a new version hit showrooms, and critics say it's an admission that the compact car fell short in quality and handling. The revamp, to come by the end of 2012, is rare because new models aren't usually overhauled for at least three years.
WASHINGTON (AP) — In a win for organized labor, the National Labor Relations Board on Wednesday approved sweeping new rules that would speed the pace of union elections, possibly making it easier for unions to gain members at companies that have long rebuffed them. Business groups quickly denounced the move, saying it limits the time that employers have to educate workers about the impact of joining a union.
Akron-based manufacturing operations and sales growth initiatives continue . Akron, Ohio, USA – Mueller Electric Company, Inc. ( www.muellerelectric.com ), a global manufacturer and distributor of test leads, cable assemblies, clips, connectors, custom cable assemblies and accessories for electronic component, factory automation, and test & measurement markets, announced its acquisition by Desco Corporation ( www.
AMSTERDAM (AP) — U.S. air carriers failed Wednesday to block an EU law charging airlines flying to Europe for their carbon pollution, yielding to a sweeping measure intended to curb climate-changing emissions from international aviation. The European Court of Justice in Luxembourg dismissed arguments that imposing the European Union's cap-and-trade program on flights to and from European airports infringes on national sovereignty or violates international aviation treaties.
Emily Vanek is not buying up a bunch of LeapPad Explorers herself, but she may be at least partly to blame for some stores selling out of the $99 children's tablet this holiday season. "The LeapPad is incredible," the Denver mother of three boys wrote to the 6,000 readers of her ColoradoMoms.
TOKYO (AP) — Japan's exports fell for the second straight month in November, hit by faltering demand from Asia and Europe. Exports shrank 4.5 percent from a year earlier to 5.198 trillion yen ($66.7 billion), according to a finance ministry report released Wednesday. The result is steeper than October's 3.
WASHINGTON (AP) — Unemployment rates fell in 43 states in November, the most number of states to report such declines in eight years. The falling state rates reflect the brightening jobs picture nationally. The U.S. unemployment rate fell sharply in November to 8.6 percent, the lowest since March 2009.
WASHINGTON (AP) — An appeals court has ruled that Chinese-made goods shouldn't be subject to certain kinds of import duties imposed by the U.S. Commerce Department. The U.S. Court of Appeals in Washington upheld a ruling Monday that the duties, called "countervailing" duties, can't be applied to Chinese-made goods because it doesn't have a market economy.
DETROIT (AP) — General Motors says it will honor warranties of Saab cars that were sold in the U.S. and Canada while the Swedish automaker was part of GM. Cash-strapped Saab filed for bankruptcy in Sweden Monday. The company has suspended warranty coverage for all vehicles in North America.
ST. JOSEPH, Mo. (AP) — Sara Lee Corp. has plans to build a $3 million expansion that will create 55 new jobs at its St. Joseph meat-processing plant. Mike Cummins, Sara Lee's spokesman, told The St. Joseph News Press (http://bit.ly/t0q0kr) that the company is starting a construction project in St.
SANDY, Utah (AP) — A fire at an animal feed plant forced authorities to evacuate some nearby residents Monday as they tried to keep chemicals from getting into the air. City spokeswoman Trina Duerksen said health officials and Utah National Guard were monitoring air quality at Fur Breeders Agricultural Cooperative, which houses containers of ammonia and other chemicals, she said.
BIRMINGHAM, Ala. (AP) — Vulcan Materials Co., the nation's largest producer of construction materials, said Monday that it will cut roughly 200 jobs as it consolidates operations in an effort to reduce its costs. The job cuts will come mostly from overhead and administrative staff, while employees at its plants will be largely unaffected, the company said.
For more than 90 years, the coal-fired power plant in Glen Lyn, Va., has been churning out electricity and contributing to local prosperity. Of late, it has generated nearly a quarter of the revenue for the $1 million budget of the town. Yet when the plant ultimately shuts down to comply with new federal air pollution regulations by the end of 2014, says Town Manager Howard Spencer, so too might the community of 200.