U.S. companies increased their stockpiles at a faster rate in April, despite only modest growth in sales.
A steep drop in gasoline costs drove down a measure of U.S. wholesale prices in May by the most since July 2009. But outside the food and energy categories, prices increased moderately.
Solar company stocks shined Tuesday on signs that global demand for solar products is improving.
Shares of A123 Systems jumped in early trading after the embattled electronic-car battery maker said that it had developed new lithium ion technology capable of operating in extreme heat or cold.
The Great Recession shrank Americans' wealth so much that in 2010 median family net worth was no more than it had been in 1992 after adjusting for inflation, the Federal Reserve reported Monday.
Shares of steel companies fell Monday on investor concerns that industry conditions will worsen as steel prices fall and demand for the metal slows in a weakening economy.
Global investment in renewable energy reached a record of $257B last year, with solar attracting more than half the total spending, according to a U.N. report.
China's auto market revved to life in May despite the weakening economy, with vehicle sales jumping nearly 16 percent from a year earlier to 1.61 million units, industry figures showed.
Motorcycle manufacturer Yamaha Motor said it is aiming to boost global sales in marine business such as outboard motors and boats by about 70 percent.
With more than $2B in cash, bankruptcy for RIM seems unlikely in the near term, but these are troubling times for Canada's Silicon Valley.
Ben Bernanke avoided giving any signals about what the Fed might do in response to a slowdown in hiring.
U.S. wholesale businesses increased their stockpiles at a faster rate in April, responding to a strong gain in sales.
Resilient and strong are two of the best words to describe the current state of manufacturing in the U.S. according to the May Manufacturing ISM Report.
An early 200-point charge turned the Dow Jones industrial average positive for the year following a dismal stretch in May.
The changes will reflect the company's new capabilities and broader global reach following its purchase of a majority stake in Germany's W.E.T. Automotive Systems AG, Amerigon said.
The faltering U.S. job market has prompted economists to take a much dimmer view of the country's growth prospects.
The maker of the BlackBerry mobile device has steadily lost ground to Apple Inc.'s iPhone as well as phones that run Google Inc.'s Android software, such as Samsung's.
Even with the declines, factory orders are well above their recession lows.
Already hobbled by Europe's debt crisis, the world now risks being hurt by slowdowns in its economic powerhouses.
Orders to U.S. factories are expected to show a small gain in April following a big decline in March.
Many of the biggest carmakers reported double-digit sales gains last month compared with a year earlier.
Japan says its industrial production inched up 0.2 percent in April from March for a second monthly gain amid a fragile recovery.
Coleman Cable, Inc. announced it completed the acquisition of substantially all of the assets of Watteredge, Inc. in an all-cash transaction valued at approximately $35.0 million.
Chrysler's U.S. sales jumped 30 percent last month, a sign that Americans remain determined to replace their aging cars despite the falling stock market and shaky consumer confidence.