Gas prices are at their lowest in four years thanks to plummeting crude oil prices. Industry insiders have their own theories as to why, but the answer may be simpler than you think.
China's roaring economy for years has pulled much of the rest of the world with it, soaking up oil, iron ore and other commodities from developing countries and autos and luxury goods from Europe. But its role as a global engine is fading as its economy slows — and many other nations, in the view of economists, will feel the pain.
Korean automakers Hyundai and Kia will pay the U.S. government a $100 million civil penalty to end a two-year investigation into overstated gas mileage figures on window stickers of 13 models.
The Institute for Supply Management reports on U.S. manufacturing production, orders, and other activity in October.
French security chiefs are investigating a spate of mysterious and illegal flights by tiny, unmanned drones over French nuclear power stations.
The national average price of gasoline fell 33 cents to end October at $3 a gallon and dipped Saturday to $2.995, according to AAA. That marks the first time in four years that gas has been cheaper than $3 a gallon.
Chrysler, Nissan and Honda all reported U.S. sales gains last month as falling gas prices and an improving economy boosted sales of pickup trucks and SUVs.
Pierce Manufacturing is recalling 135 fire trucks in the U.S. because a suspension part can fail and cause a wheel to fall off.
Lightweight metals leader Alcoa announced a $190 million investment at its Davenport Works, Iowa, facility to expand its product offerings in the aerospace and industrial markets.
Falling oil prices hardly seem to be bothering the two biggest U.S. oil companies, but things could get tougher in the coming months.
British police say two people are missing after a blaze at a fireworks warehouse that sent plumes of black smoke and explosions into the sky.
A fledgling metal manufacturing company that promises to make lighter, stronger, and less expensive parts has won the million-dollar grand prize in a contest aimed at attracting entrepreneurs to Buffalo.
A $500 million lawsuit against Kimberly-Clark Corp. alleges the company falsely claimed its surgical gowns protected against Ebola and other infectious diseases.
U.S. consumer spending fell in September, the first decline in eight months, as shoppers took a breather after a big spending spree in August. Income growth posted the slowest gain this year.
Nissan says it's recalling more than 1,800 Infiniti SUVs in the U.S. for an air bag problem that could send shrapnel into the passenger compartment.
Organic frozen food maker Amy's Kitchen is opening a new plant in southeastern Idaho. The company is buying the former H.J. Heinz Co. plant that closed in June, eliminating 400 jobs.
The U.S. economy grew at a solid annual rate of 3.5 percent in the July-September quarter, propelled by solid gains in business investment, export sales and the biggest jump in military spending in five years.
The passage of several months since a heated legislative debate over the legal definition of Tennessee whiskey has done little to mellow the dispute between two global liquor giants and the growing number of craft distillers caught between them.
The cost of ingredients in chocolate bars is rising, and the nation's biggest candy makers have already warned of price hikes next year. And it's not just costs that are pushing up prices. A growing sweet tooth around the world means more demand for chocolate.
Yankee Air Museum chairman Ray Hunter will sign papers Thursday making the aviation museum the official owner of a 144,000-square-foot slice of the former Willow Run Bomber Plant, where Rose Will Monroe and other workers built B-24 Liberator bombers during World War II.