U.S. productivity fell even more than previously thought in the January-March period while labor costs rose at a faster pace.
The U.S. trade deficit jumped to a two-year high in April, as sales of exports declined and imports surged to a record high.
A senior U.S. official said that Washington wants to expand economic ties with Asia, the world's fastest growing region, but warned that China's provocative conduct in the South China Sea raises tensions that are bad for business.
Global whiskey sales are outpacing production by at least 2-to-1 prompting makers such as TennSouth Distillery's Clayton Cutler to work overtime to put up more barrels.
China has long feuded with its Southeast Asian neighbors over who owns what in the South China Sea, one of the world's busiest shipping lanes and a region potentially rich in oil and natural gas.
Chinese manufacturing grew for the third consecutive month in May, suggesting a slowdown in the world's second-largest economy is stabilizing, a state-sanctioned industry group said Sunday.
Consumer products giant Unilever scrambled Monday to remove advertising banners from shops in western Myanmar that prominently displayed the symbol of the Buddhist extremist movement blamed for a wave of bloody attacks against minority Muslims.
Italy's health ministry is seeking $1.63 billion in damages from Swiss pharmaceutical giants Novartis and Roche after an anti-trust court ruled the two companies colluded to prevent the distribution of an eye medication.
The Malaysian government on Tuesday released 45 pages of raw satellite data it used to determine that the missing jetliner crashed into the southern Indian Ocean, responding to demands for greater transparency.
An investigation into price-fixing and bid-rigging in the auto parts industry has mushroomed into the Justice Department's largest criminal antitrust probe ever, and it's not over yet.
Using a new finance tool, she shows how the mismatch costs that result from extending the supply chain may well be higher than the lower cost offered by the offshore supplier, leading to reduced profits.
A federal grand jury has charged a Japanese executive with conspiring to fix prices on auto parts.
In this issue of IMPO, we visit America's oldest continuously operating paper mill, talk to experts about ways to improve Lean efforts, and showcase advancements in the material handling industry.
China is carrying on a high-stakes balancing act aimed at building influence and access to resources abroad without damaging ties with its most important economic partner — the United States.
Vietnam on Thursday pledged to help companies whose factories were targeted during anti-Chinese riots last week, offering tax breaks and other incentives to try and undo some of the damage to its reputation as a low-risk country for foreign manufacturers.
China's manufacturing contraction eased in May, suggesting the slowdown in the world's second biggest economy is stabilizing.
Chief executives of major German companies have turned down invitations to this week's St. Petersburg International Economic Forum amid tension between Russia and the West over Ukraine.
Google is amassing cash overseas to help finance a foreign shopping spree that could cost the Internet company up to $30 billion.
China launched the ARJ21 project in 2002 in an attempt to break into the Western-dominated aircraft market. The plane was promised for 2007 but delivery was pushed back due to technical problems.
The very term “supply chain” implies a straight line and a singular operating mode, with tight linkages moving goods smoothly from mode to mode and location to location. In Asia-Pacific, however, this concept is unrealistic.
PetSmart is the latest major pet food retailer to say it will stop selling dog and cat treats made in China because of continuing fears of their safety.
President Barack Obama is hosting executives from 11 foreign and U.S.-based companies that have chosen to open new plants or relocate overseas operations in the United States.
Germany says it will restrict exports of surveillance technology to states that fail to respect their citizens' human rights.
China announced it was suspending cooperation with the United States in a joint cybersecurity task force over Monday's charges that officers stole trade secrets from major American companies.
Watched over by riot police, more than 3,000 Chinese workers left Vietnam on Monday on ships chartered by their government after deadly unrest broke out last week amid a dispute over sovereignty claims in the South China Sea.