Whirlpool will pay more than $1 billion for a controlling stake in Indesit, the appliance maker's counterpart in Italy.
Both companies received millions of dollars in financial awards from WEDC, only to later lay off workers whose jobs were taken by employees at the companies' foreign facilities.
Samsung is facing a fresh accusation that one of its China suppliers hired children to meet production targets during a period of high demand from the South Korean electronics giant.
China and the United States took small steps toward their shared goal of fighting climate change on Wednesday, but the world's No. 1 and No. 2 carbon emitters remain significantly apart over a wider global plan to cut emissions.
Old truck tires are transformed into rubber washers and bushings for cars and rice mills. Machine parts, buckets and flip-flops are among the biggest sellers for tire recyclers like Nyunt.
China's finance minister said Wednesday that the country is not planning any new stimulus measures and it is up to the United States to drive the global economy.
The European Union's antitrust body is imposing a fine of 428 million euros ($580 million) on France's pharmaceutical company Servier and five producers of generic medicines for distorting competition.
Car sales in China cooled in June, with domestic brands falling further behind their foreign rivals in the world's biggest auto market, an industry group reported Wednesday.
Boeing has finalized a $56 billion agreement to build 150 777X aircraft for Dubai's Emirates Airline. The order's value is based on list prices, which can vary greatly after negotiations.
With the U.S. steel market being flooded with imports of pipe from South Korea and other nations, state-side manufacturers are being forced to idle or shutdown factories, putting at risk nearly 600,000 American jobs.
For the first time ever, Walmart is opening its doors to more than 500 manufacturers today at its world headquarters during the company’s first-ever “Made in the USA” open call.
How does the U.S. economy do it? Europe is floundering. China faces slower growth. Japan is struggling to sustain tentative gains. Here are five reasons the United States is outpacing other major economies.
Thieves raided a Samsung electronics factory in Brazil during the night shift early Monday, subdued workers and guards, and made off with at least $6 million worth of cellphones and computers.
Heineken USA CEO Dolf van den Brink shares insights on beer-consumption trends and discusses marketing plans for Heineken, Dos Equis and Newcastle Brown Ale.
An appeals body of the World Trade Organization has decided it lacked enough information to uphold China's objections to a U.S. law meant to help American companies that face unfair foreign competition.
Nearly 600,000 American jobs, including 35,300 in Pennsylvania, could be at risk from surging imports, according to a recent study by the Economic Policy Institute, a Washington think tank that focuses on the needs of low- and middle-income workers.
German Chancellor Angela Merkel criticized industrial spying Monday while on a visit to China, which Germany and other governments have cited as a global center for economic espionage.
Amid calls for expanding the nation's so-called H-1B visa program, there is growing pushback from Americans who argue the program has been hijacked by staffing companies that import cheaper, lower-level workers to replace more expensive U.S. employees.
There used to be more than 150 cigar factories here, but that was a long time ago. The U.S. trade restrictions with Cuba caused some to close. Changing public attitudes about tobacco caused others to lock their doors for good.
The Philippine president said Tuesday his country's ill-equipped military will receive its first new fighter jets in nearly a decade next year to help defend the country's territory.
A new Peugeot family car that listed for $262,000 in Havana would cost $53,000 in the United Kingdom, for example, while a compact Kia Rio hatchback that starts at $13,600 in the United States was on offer for $42,000 in Cuba.
Systematic offloading of engineering services delivers dual benefits. It ensures seamless transition to higher value added service and locks up the cost advantages emanating from an outsourcing program for a longer period of time.
Samsung said Tuesday an external audit found labor violations at dozens of its suppliers in China including failure to provide safety gear and excessive working hours.
Five countries account for the production of 60 percent of all light vehicles worldwide. China produced a stunning 20.9 million vehicles in 2013.
The German government is ending a contract with Verizon over fears the company could be letting U.S. intelligence agencies eavesdrop on sensitive communications, officials said Thursday.