IBM Director of Research John E. Kelly III said in an interview Monday that handing over control of the semiconductor operations will allow it to grow faster, while IBM continues to invest in and expand its chip research.
General Electric Co. posted strong third quarter results, issued an upbeat forecast for the fourth quarter and said U.S. industrial activity is at its highest level since the financial crisis.
General Motors' chief lawyer Michael Millikin, who withstood withering criticism from lawmakers for his department's handling of an ignition switch recall, is retiring early next year.
Federal Reserve Chair Janet Yellen sounded an alarm Friday about widening economic inequality in the United States, suggesting that America's longstanding identity as a land of opportunity was at stake.
Growth in the U.S. and efficiency gains in Europe helped Swedish home-appliance maker Electrolux post a 42 percent jump in third-quarter profits.
U.S. businesses were much less likely to boost pay in the third quarter than in previous months, even as hiring remained healthy, a sign that wage gains may remain weak in the coming months.
VibrAlign, Inc., American distributor of Fixturlaser Alignment tools, is proud to announce the expansion of their offerings as a shaft alignment training provider.
Beyond the turmoil shaking financial markets, the U.S. economy remains sturdier than many seem to fear.
A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant.
A Colorado marijuana company must recall or destroy its pot-infused edibles that resemble iconic Hershey treats as part of a settlement agreement with the chocolate company.
A new biofuels plant in southwest Kansas represents the future of ethanol production in the United States, Energy Secretary Ernest Moniz said.
Shop Packaging LLC, a New Bedford, Mass. establishment, is recalling approximately 115,505 pounds of chicken wing products due to misbranding and an undeclared allergen.
A measure of factory activity in the Philadelphia region slipped last month, but remained at a healthy level, evidence that U.S. manufacturing output is holding up despite signs of a global slowdown.
GE Aviation has been flight testing jet engines for more than a decade. But never one like the LEAP, the world’s first jet engine with 3D-printed fuel nozzles and parts from advanced ceramic materials.
A nearly two-year upward trend experienced a hiccup according to the quarterly MAPI Foundation Business Outlook, a survey conducted by the MAPI Foundation, the research affiliate of the Manufacturers Alliance for Productivity and Innovation.
A sudden plunge in the price of oil is sending economic and political shock waves around the world.
AbbVie's board is telling shareholders to vote against its own $55 billion takeover bid for the Irish drugmaker Shire after the U.S. made reincorporating overseas a less lucrative tax maneuver.
The Alliance for American Manufacturing address their concerns with the Exchange Rate Policies released by the Treasury and currency manipulation this week.
Nearly 907,000 Chrysler, Dodge and Jeep SUVs and cars are being recalled for alternators that can fail and heated power mirror wiring that can short and cause minor fires.