Toyota Motor Corp. said Monday the electric RAV4 will cost $49,800 when it goes on sale this summer. That's more than double the starting price of the gas version.
Small business owners recovered some of their optimism during April, but they're still wary about the economy.
The major auto parts manufacturer will supply products to Japan's Suzuki and other automakers in the country to keep pace with India's expanding auto market.
Oil prices declined after voters in Europe rejected leaders who supported austerity measures to fix the struggling economy. Analysts warned that the election results could derail the recovery.
Westlake Chemical Corp. said Friday that it withdrew a $1.2 billion offer to buy Georgia Gulf Corp. and will sell its stock in the company.
ABB has entered the market with the launch of its Terra 51 direct current charger, marking the start of a massive infrastructure rollout to drive the adoption of electric mobility.
Elpida is the only Japanese maker of dynamic random access memory chips used in personal computers and smartphones, and filed for bankruptcy protection in February.
Companies are reporting improved profitability and decreased concerns regarding barriers to growth, despite volatile oil/energy prices worldwide and ongoing concerns regarding legislative/regulatory issues.
Economists surveyed by The Associated Press expect growth to pick up this year, though not enough to lower unemployment much.
Booming sales in China and new versions of key models pushed automaker BMW AG's earnings higher by 18 percent in the first quarter to $1.77 billion.
The auto parts maker said its first-quarter profit dropped 14 percent, pulled down by restructuring and other charges, along with lower profit at its seating business.
Hawker Beechcraft said it filed for Chapter 11 bankruptcy protection in federal bankruptcy court in New York to expedite the prearranged restructuring of the company and some of its subsidiaries.
Prices for copper and other metals fell after discouraging reports about jobs and factory production renewed worries that demand could weaken for a variety of manufactured goods.
Industrial gas distributor Airgas Inc. said that its fiscal fourth-quarter profit jumped 40 percent on strong demand from manufacturing, petrochemical, and energy customers.
General Motors earned $1 billion in the first quarter as a strong performance in North America helped it overcome troubles in Europe.
U.S. worker productivity fell from January through March by the most in a year. Stronger hiring at the start of the year was partly responsible for the drop.
Pratt & Whitney expects military and commercial aerospace business will improve, but not for a while, the president of the jet engine manufacturer said Wednesday.
The world's biggest maker of wind turbines in terms of revenue is reporting disappointing first-quarter revenue and earnings due to decreasing deliveries and high turbine costs.
Hopeful signs about manufacturing sent copper and energy prices higher Tuesday.
Demand for U.S. manufactured goods dropped by the most in three years in March, driven lower by a sharp fall in volatile orders for commercial aircraft.
A survey released Wednesday showed manufacturing contracted in April for the sixth straight month, though the rate of deterioration had slowed.
Diversified manufacturer SPX Corp. said Wednesday that its first-quarter profit tumbled 42 percent, pulled down by hefty charges related to a recent acquisition.
Toyota and Chrysler saw big U.S. sales gains in April, but they came at the expense of General Motors and Ford.
U.S. manufacturing grew last month at the fastest pace in 10 months. New orders, production, and a measure of hiring all rose.
The Calgary-based airline announced it will take delivery of up to 45 turboprop planes over the next six years. Until now, the airline has exclusively used Boeing jets in its fleet.