U.S. wholesale prices rose only slightly last month, as higher costs for food and pickup trucks offset another drop in energy prices. But overall inflation stayed mild.
Boeing beat Airbus in the aircraft order stakes at this year's Farnborough Airshow, booking potential deals worth more than double the size of its European archrival.
Airbus has scooped up the only firm order so far on the third day of the Farnborough Airshow, in a further sign that airlines are concerned about the global economic outlook.
June sales were driven by price cuts and concern about restrictions imposed by some cities on registrations to control traffic congestion, said an industry analyst.
Sales at the wholesale level dropped by the largest amount in three years, a troubling sign for future growth.
At just under $30,000 base retail price, the 2012 Mitsubishi i-MiEV is the most affordable all-electric car in the U.S. market.
The U.S. trade deficit narrowed in May from April, helped by cheaper oil that lowered imports and an increase in American exports to Europe and China.
Apple will start selling the iPad in China on July 20 after paying $60M to settle a dispute over the ownership of the tablet computer's name.
Alcoa backed its forecast for a 7 percent increase in global demand this year and predicted a coming aluminum shortage.
China's trade growth plunged in June, hurt by weak U.S. and European demand and a Chinese slowdown, with a potential impact on economies as far-flung as Africa and Australia.
Boeing Co. clinched the first big deal of this year's Farnborough Airshow on Monday with a firm order from Air Lease Corp. for 75 of its redesigned 737 aircraft worth $7.2 billion.
For Chicago-based Boeing, this year's show offers a chance for its revamped 737, called the 737 Max, to close a gap with a rival jet.
Audi, one of Volkswagen AG's luxury brands, saw sales jump 13 percent in June due to stronger demand in the company's home market of Germany as well as the US and China.
While overall economy grew for the 37th consecutive month, economic activity in the manufacturing sector contracted in June for the first time since July of 2009, according to the June Manufacturing ISM Report on Business.
Those who thought sport utility vehicles were going the way of the dodo were wrong. SUVs haven't died off amid higher gasoline prices.
Toyota Motor Corp.'s Prius hybrid remained the best-selling vehicle in Japan in June for the 13th consecutive month.
U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is still struggling three years after the recession ended.
The reports offered some hope for the job market after three sluggish months of hiring.
"The affordability of cars is probably at an all-time high," Chrysler Group sales chief Reid Bigland said last week.
Companies placed more orders with U.S. factories in May from April, demanding more computers, machinery, and other equipment that signal investment plans.
Boeing is predicting that the world's airlines will buy 34,000 new airplanes over the next 20 years, driven by strong growth in China, India, and other emerging markets.
U.S. manufacturing shrank in June for the first time in nearly three years, adding to signs that economic growth is weakening.
China's manufacturing grew in June by its slowest pace in seven months, a survey released Sunday showed, raising questions about Beijing's efforts to prevent the world's second biggest economy from slowing too quickly.
Big manufacturers have more confidence in Japan's economy but remain pessimistic overall, a closely watched quarterly survey by the country's central bank showed Monday.
The U.S. economy is growing too slowly to pull the job market out of a slump, according to the latest data that suggest June has been another weak month for hiring.