Unilever gobbled up the two soap brands for an undisclosed amount. A transfer of a manufacturing facility in Mexico is also part of the deal.
Detroit-based Ally Financial, formerly GMAC Inc., said that the Treasury Department is selling its remaining 54.9 million shares. That amounts to about an 11 percent stake in the company.
Obama ticked off the year's improvements, citing lower unemployment, a rising number of Americans covered by health insurance and a historic diplomatic opening with Cuba, as well as his executive action on climate change.
Falling oil prices hardly seem to be bothering the two biggest U.S. oil companies, but things could get tougher in the coming months.
July U.S. cutting tool consumption totaled $170 million, according to the U.S. Cutting Tool Institute and AMT – The Association For Manufacturing Technology.
July U.S. manufacturing technology orders totaled $354.63 million according to The Association For Manufacturing Technology. This total was down 11.5 percent from June and down 1.4 percent when compared with the total of $359.70 million reported for July 2013.
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.
Executives at Kraft Foods, which owns Jell-O, say they're confident they can revitalize the brand. But their efforts so far have been a disappointment.
A gauge designed to predict the economy's future health posted the sharpest advance in four months in July, indicating the economy is gaining traction headed into the last half of the year.
In a business where patience is part of the process, Kentucky bourbon makers are making a big bet by stashing away their largest stockpiles in more than a generation.
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.
Here's a look at the strengths and weaknesses of the U.S economy and others, and why the calm in markets may or may not last.
U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals.
U.S. workers were more productive in the April-June quarter and labor costs rose slightly, a sharp turnaround from grim first-quarter figures.
Chrysler Group says its second-quarter net profit rose 22 percent, fueled by rising sales in the U.S.
The maker of Oreo, Cadbury and Trident cited the challenging market conditions in scaling back its outlook for core sales growth to 2 to 2.5 percent. It had previously forecast growth of 3 percent.
Fiat shares have been suspended temporarily after an excessive drop due to investor concerns that a planned merger with Chrysler may be blocked.
Toyota Motor Corp. reported a 5 percent jump in quarterly profit Tuesday, outpacing expectations as vehicle sales grew in North America and Europe, offsetting a drop in Japan.
Economic activity in the manufacturing sector expanded in July for the 14th consecutive month, and the overall economy grew for the 62nd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Toyota, Ford, Nissan and Chrysler all saw double-digit sales gains. General Motors' sales were up 9 percent compared with last July, while Hyundai's rose 1.5 percent.
The Institute for Supply Management, a trade group of purchasing managers, reported Friday that its manufacturing index rose to 57.1, highest level since April 2011 and up from 55.3 in June.
More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.
Exxon Mobil's net income rose 28 percent in the second quarter on a sale of Asian assets and higher oil prices, but oil and gas production slipped a disappointing 6 percent.
Eighty percent of consumers believe it is important for companies and brands to behave ethically, however the most significant factors when shopping are price, value and quality.
Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal.