STOCKHOLM (AP) — Shares in Swedish Automobile, the owner of struggling car maker Saab, have plummeted after it postponed the release of its earnings figures for the first six months of the year, saying the report has yet to be completed. In a brief two-line statement Friday, the Zeewolde-headquartered Dutch company said the results would be delayed by five days because the earnings report is incomplete.
SPRINGFIELD, Ohio (AP) — Navistar International Corp. has taken back the last of a group of workers laid off from an Ohio truck plant nearly five years ago. Union president Jason Barlow says 20 members of his United Auto Workers local received recall letters on Friday and returned to work Monday at the plant in Springfield.
TOKYO, Aug. 25 (Kyodo) — S.S.C, which processes steel sheets mainly for Toyota Motor Corp., said Thursday it will set up a factory in Oshu, Iwate Prefecture, in line with Toyota's strategy of enhancing its group production in northeastern Japan ravaged by the March 11 earthquake and tsunami.
NORMAL, Ill. (AP) — The Mitsubishi plant in central Illinois will produce its last Eclipse coupes, Spyder convertibles and Endeavor SUVs this week. The (Bloomington) Pantagraph (http://bit.ly/pZPz76 ) reports that the assembly line in Normal is scheduled to be retooled to begin producing the Outlander Sport crossover SUV by mid-2012.
OMAHA, Neb. (AP) — Federal authorities say Union Pacific Corp. should pay $612,215 for retaliating against three employees who raised safety concerns, but the railroad disagrees with the finding. The Occupational Safety and Health Administration said Thursday it determined the Omaha-based railroad violated the rights of two conductors based in Kansas City, Mo.
DETROIT (AP) — General Motors Co. is cutting its production of pickup trucks next month, a sign that truck sales aren't as robust as the company had hoped. Spokesman Tom Wickham said Thursday that GM cancelled five scheduled overtime shifts on Saturdays in September and October.
LITCHVILLE, N.D. (AP) — A fire at a fertilizer plant in the southeastern North Dakota town of Litchville destroyed a building and about $300,000 worth of dry fertilizer. Fire Chief Darren Miedema tells The Jamestown Sun that no one was hurt in the fire early Tuesday. The cause of the blaze wasn't immediately determined, but Dakota Plains Cooperative President Ken Astrup says the fire might have been sparked by lightning.
COLUMBIA, S.C. (AP) — A company that makes canoes, kayaks and paddles is expanding in South Carolina's Greenville County, creating 72 jobs over the next five years. Confluence Watersports said Wednesday it will consolidate its separate manufacturing and distribution operations into one location in Greenville along Interstate 85.
RALEIGH, N.C. (AP) — A Morrisville maker of electronic devices intended to thwart drunken drivers filed a federal lawsuit Wednesday against the top official at the North Carolina Division of Motor Vehicles. In its suit, Monitech Inc. says DMV Commissioner Mike Robertson broke state bidding rules by withholding the renewal of its state contract.
NEW YORK (AP) — Delta Air Lines on Thursday confirmed its plan to buy 100 Boeing 737 jets as part of a fleet upgrade, with delivery set for 2013 to 2018. The order announced Thursday is valued at $8.5 billion at list prices, although airlines commonly get discounts. The newer planes offer perks for travelers including a roomier cabin, less engine noise and more room in overhead bins.
SAN FRANCISCO (AP) — With Steve Jobs bowing out as CEO, Apple Inc. must persuade investors and consumers that it doesn't need the force behind the iMac, iPod, iPhone and iPad in charge to keep the technology hits coming. Tim Cook, his hand-picked successor, has handled the top job repeatedly in the absence of the ailing Jobs, who resigned as chief executive Wednesday and was elected chairman of Apple's board.
WASHINGTON (AP) — The National Labor Relations Board has approved a new rule that requires private employers to notify workers about their right to form a union. The rule requires businesses to prominently display posters that explain the right to bargain collectively, distribute union literature and engage in other union activities without reprisal.
STOCKHOLM (AP) — Ailing Swedish car maker Saab has delayed salary payments to its staff for the third month in a row as it continues to struggle to fund its operations. Saab spokeswoman Gunilla Gustavs said Thursday it is unclear when payroll is expected to run smoothly again, but it will be done "as soon as we have short-term funding solutions in place.
SAN FRANCISCO (AP) — China has passed an important technological milestone: It became the world's biggest consumer of PCs in the second quarter, according to new market research by IDC. Computer makers shipped about 18.5 million PCs in China in the second quarter, compared with 17.
NORTH KINGSTOWN, R.I. (AP) — One of the state's largest employers on Wednesday announced a multi-million dollar expansion expected to create more than two dozen new jobs, but Rhode Island is still competing with Virginia to be home to a second, much larger expansion project. Toray Plastics (America), which already employs about 600 people in the state, said it would undertake an $11.
ARKADELPHIA, Ark. (AP) — An international compressor manufacturer has laid off 100 workers at its Arkadelphia factory because of a seasonal slow-down in the industry. Danfoss Scroll Technologies said in a statement the layoffs of 60 full-time employees and all temporary workers were effective this past Thursday.
VINEYARD HAVEN, Mass. (AP) — President Barack Obama is soliciting advice from the co-chairmen of his jobs council on employment boosting initiatives in advance of a major economics address he intends to deliver after Labor Day. The discussions Wednesday morning with General Electric CEO and chairman Jeffrey Immelt and American Express CEO and chairman Kenneth Chenault focused on increasing engineering graduates and adding construction jobs by making buildings more energy efficient.
NEW YORK (AP) — Oil rose Wednesday following news of stronger U.S. manufacturing activity. Benchmark West Texas crude on Wednesday rose 75 cents to $86.19 per barrel in New York, while Brent crude was up $1.34 at $110.65 per barrel in London. Prices climbed after the government reported that orders for long-lasting, durable goods like autos and aircraft increased 4 percent in July, the biggest increase since March.
NORTH CHARLESTON, S.C. (AP) — Boeing workers are preparing to assemble the company's first 787 made in its new $750 million South Carolina plant. The Post and Courier of Charleston reported (http://bit.ly/pNWt2T) Wednesday that the completed aft section of the plane body was wheeled into the assembly plant earlier this week.
RIDLEY PARK, Pa. (AP) — An order of 14 new Chinook helicopters by Britain's Royal Air Force could mean more work at the Boeing Co.'s factory in suburban Philadelphia. Chris Owens, president of Boeing's United Aerospace Workers Union Local 1069, told the Delaware County Times that the order could mean work for as many as 100 new employees.