NEW YORK (AP) — Caterpillar Inc., the world's largest marker of construction and mining equipment, said Wednesday it plans to open a new facility in Wujiang, China, to build mini hydraulic excavators. The company currently supplies Chinese customers with mini excavators produced at a facility in Xuzhou, China, and with machines produced in Sagami, Japan.
WEBSTER CITY, Iowa (AP) — A Webster City company is close to beginning production of electric vehicles. AMS Inc. owner Joe Fleming says the firm is about two weeks away from producing the autos and is putting final preparations in place. The Webster City Freeman Journal reports Tuesday that the company will start out assembling about 38 cars a week and increase that to about 100 cars a week in December.
CRETE, Neb. (AP) — Investigators say the man who shot three co-workers at a cold-storage warehouse in southeast Nebraska and then fatally shot himself had argued with the woman he shot 11 times. The Saline County Sheriff's office released an update Tuesday on its investigation of the Sept.
HERSHEY, Pa. (AP) — Chocolate maker Hershey has gained township approval for a $200 million expansion project that would shift production from a century-old plant to a modern facility nearby. Derry Township supervisors on Tuesday approved the final land development plans for the 243,000-square-foot expansion at a plant in West Hershey.
KUALA LUMPUR, Malaysia (AP) — India's economy could easily grow 10 percent a year if the government makes dramatic improvements to infrastructure, boosts productivity and improves education standards, a top Indian policymaker said Tuesday. At a time when developed countries are barely growing, India expects to achieve a growth rate of 8.
LOS ANGELES (AP) — California became the largest U.S. state to limit the toxic metal cadmium in children's jewelry on Monday, effectively creating a new national standard ahead of promised federal action. Lawmakers and public health officials have worried that kids who suck or bite jewelry containing cadmium — a known carcinogen — could suffer long-term poisoning, including problems with their kidneys and bones.
NEW YORK (AP) — The company that gave us the BlackBerry — still the dominant phone in corporate circles — thinks its business customers will have room in their briefcases for at least one more device: the PlayBook. Research in Motion Ltd. showed off the tablet for the first time Monday and is set to launch it early 2011, with an international rollout later in the year.
BOISE, Idaho (AP) — Oracle Corp. is suing Micron Technology Inc. in federal court, saying the semiconductor maker and other companies artificially inflated prices for microchips. Oracle says Micron and other conspirators, including South Korea's Hynix and Samsung and Germany's Infineon, artificially inflated prices above what Oracle's Sun Microsystems business should have paid for them.
UPDATE: 11:52am WASHINGTON (AP) — Tax legislation that would have punished U.S. firms that export jobs has failed in the Senate. The bill failed to reach the 60 votes required to advance in the 100-member chamber. Democrats held the vote Tuesday nonetheless to display their commitment to economic recovery just five weeks before the Nov.
DETROIT (AP) — Chrysler Group LLC says it has fired 13 plant workers a Detroit TV station caught drinking alcohol and smoking what appeared to be marijuana during breaks. Chrysler manufacturing chief Scott Garberding told WJBK-TV in a Sept. 22 report that the automaker identified some of the workers from Detroit's Jefferson North plant on tape and was pursuing the others.
PORTLAND, Ore. (AP) — Pumpkin lovers can relax: A nearly yearlong shortage of the canned stuff is over. That means an end to the hoarding, rationing and even pumpkin profiteering that have been going on since heavy rain ruined last year's harvest and caused a shortfall. But the country's top producer says this year's crop is healthy and cans are arriving in stores.
NASHVILLE, Tenn. (AP) — In a decision that some legal observers found surprising, the state Supreme Court has reversed precedent and made it easier for workers to sue their employers when they believe they were fired illegally. The court ruled 3-2 this week that employers must prove that workers' claims of discrimination or retaliation are false or else face a trial, according to The Tennessean.
HICKMAN, Ark. (AP) — For employees at Nucor-Yamato Steel, there is plenty of incentive to get the job done right. The majority of their pay comes from production-based bonuses, and even though the recent financial downturn has had a negative effect on the amount of jobs available, Nucor-Yamato is proud of the fact that it has never once laid off an employee because of lack of work.
WASHINGTON (AP) — A powerful computer code attacking industrial facilities around the world, but mainly in Iran, probably was created by experts working for a country or a well-funded private group, according to an analysis by a leading computer security company. The malicious code, called Stuxnet, was designed to go after several "high-value targets," said Liam O Murchu, manager of security response operations at Symantec Corp.
WASHINGTON (AP) — Hyundai Motor Co. said it is voluntarily recalling 139,500 Sonata sedans in the U.S. because of a manufacturing defect that could cause drivers to lose steering control. The recall affects 2011 models built between Dec. 11, 2009 and Sept. 10, the National Highway Traffic Safety Administration noted on its website Sunday.
VISALIA, Calif. (AP) — As the economy tanked during the past two years, a debate has raged over whether immigrants are taking jobs that Americans want. Here, amid the sweltering vineyards of the largest farm state, the answer is no. Most Americans simply don't apply for jobs harvesting fruits and vegetables in California, where one of every eight people is out of work, according to government data for a federal seasonal farmworker program analyzed by The Associated Press.
NORTH CHARLESTON, S.C. (AP) — Another milestone has been reached in building a $750 million Boeing aircraft assembly plant on the South Carolina coast. Boeing officials on Friday plan a topping off ceremony at the North Charleston plant to mark the last steel beam being put in place for the frame of the plant where the company's new 787 jetliner will be built.
NEW YORK (AP) — Stock futures rallied Friday as traders were encouraged that orders for manufactured goods excluding the volatile transportation sector rose sharply last month. A surprise jump in business confidence in Germany also tempered fresh worries about Europe's economy, driving stocks higher in Europe and the U.
OMAHA, Nebraska (AP) — Billionaire Warren Buffett says the economy remains in a recession, by his definition, because most people and businesses still aren't doing as well as they were before the financial crisis. Buffett talked about the economy and his Berkshire Hathaway Inc. businesses in an interview that aired Thursday on CNBC.
Worried parents have bombarded the maker of Similac with phone calls and peppered Facebook and Twitter pages over fears about insects in the top-selling baby formula after millions of cans were recalled. But the company said Thursday it's unlikely any of the formula already sold is tainted, and doctors offered more reassurance: Even if babies drink bug-tainted formula, the chance for serious harm is slim.