Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.
Agricultural equipment maker Deere is laying off about 460 employees indefinitely from an Iowa tractor factory as it continues to adjust to market demand.
A new report says close to 1,300 women are starting businesses every day, but unlike their male counterparts, women often have to rely on their own money to get off the ground. Vinita Nair reports.
Hostess Brands plans to close the suburban Chicago bakery where the Twinkie was invented in 1930, cutting 400 jobs and shuttering a piece of American baking history.
The 415,000-square-foot production plant will slowly begin operating. It is expected to be near full production by April.
Snap-on Incorporated Chairman and CEO Nicholas T. Pinchuk talks about growing the number of manufacturing employees in the U.S.
With fantasy football, social media and other timewasters more popular than ever, let's take a look at how much money employers are actually losing because of them.
A company that handles animal medicines plans to open a massive new warehouse and packaging plant in St. Joseph next week.
For more than 100 years, General Electric has been a staple consumer appliance brand in American homes. Necessities like the electric toaster, refrigerator, and washer & dryer, helped make GE the conglomerate it is today.
With baby boomers occupying the majority of skills trade positions and the younger generations steering clear of them, this infographic explores the question: who will replace these labor-intensive jobs?
Authorities say a 28-year-old man has been killed in an accident involving heavy equipment being moved at a northern New York manufacturing plant.
Two New York state lawmakers say more than 100 workers at the Remington Arms manufacturing plant in the Mohawk Valley are being laid off as the company shifts two of its assembly lines to Alabama.
An expansive survey of economic activity across the U.S. offers an endorsement of the strength of the Michigan recovery and a boost for the promising prospects for the state’s continual business growth.
State officials say mattress maker Tempur Sealy International Inc. will locate a new manufacturing plant and distribution facility near Plainfield, creating up to 300 new jobs by 2015.
The action will place more than 600 employees at four locations on indefinite layoff. In addition, Deere is implementing seasonal and inventory adjustment shutdowns and temporary layoffs at several of the affected factories.
Cisco said Wednesday that it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a restructuring.
Apple is banning the use of two potentially hazardous chemicals during the final assembly of iPhones and iPads as part of the company's latest commitment to protect the factory workers who build its trendy devices.
A few miles outside Durban, South Africa is the Bisasar Road landfill, Africa’s largest refuse site and a big source of renewable energy.
Kentucky Utilities and Louisville Gas & Electric have announced that plans for a natural gas power-generating plant in western Kentucky won't go forward.
GM says the new facility will create or retain about 145 jobs at its Lansing Grand River Assembly Plant.
The bill would designate 25 universities as ‘Manufacturing Universities’ and provide incentives to better align educational offerings with the needs of modern manufacturers.
Import volume at major U.S. container ports is expected to hit an all-time record in August as retailers concerned about the lack of a West Coast longshoremen’s contract rush to bring holiday season merchandise into the country.
Nearly 40% of women who earn engineering degrees quit the profession or never enter the field, and for those who leave, poor workplace climates and mistreatment by managers and co-workers are common reasons.
The number of advertised openings was the highest since February 2001, a positive sign that points to a strengthening economy.
A large factory in the Phoenix metro area is reportedly close to starting production of scratch-resistant sapphire glass for Apple cameras and other devices.