United States Steel Corp. said Tuesday its second-quarter net income fell by more than half as slower global economic growth hurt demand in a number of its core markets.
Unlike other U.S.-based automakers, Chrysler is benefiting from its reliance on the United States car market.
Here's a small consolation: The Great Recession wasn't quite as horrendous as previously thought.
Reliance Steel & Aluminum Co. said its second-quarter profit rose 10 percent, but it cited the weak economy and difficulty in raising prices while giving a disappointing earnings forecast for the third quarter.
Precision Castparts reported a 19 percent increase in first-quarter net income but warned of "major headwinds" including an unplanned shutdown of its 29,000-ton forging press in Houston.
The number of Americans applying for unemployment benefits dropped by 35,000 last week, a figure that may have been distorted by seasonal factors.
Dow Chemical Co.'s second-quarter net income fell 34 percent as weaker demand led to lower prices. Softness in Europe and a stronger dollar also weighed on results. The biggest U.S. chemical maker expects to accelerate cost-cutting efforts.
Hyundai Motor Co. posted a record quarterly profit as new models perked sales in overseas markets despite slowing economic growth.
Boeing Co. posted a surprise improvement in second-quarter net income Wednesday as demand for passenger jets thrived and its defense business held its own.
The decline for long-lasting U.S. factory goods orders, outside volatile aircraft and other transportation equipment, suggests businesses are losing confidence in the economy.
Plummeting sales in Europe — and no hope for a quick fix in the troubled region — hurt Ford's second-quarter profit and forced the company to lower its full-year earnings forecast.
More consumers are buying the least expensive iPhones and iPads, a new phenomenon that is causing Apple's breakneck growth rate to slow.
Toyota bounced back from safety recalls and natural disasters, selling 4.97 million vehicles globally in the first half of the year to retake its crown as the world's top automaker from General Motors Co.
Europe's economic crisis pushed carmaker PSA Peugeot Citroen into a first-half loss of $990M, just as the company is set to clash with the French government over its restructuring plan.
The price of oil is up slightly on signs that China's manufacturing is getting stronger.
Chip maker Altera Corp. said Tuesday that its second-quarter net income fell 24 percent as revenue declined, but the results beat Wall Street's expectations and shares jumped in after-hours trading.
Caterpillar Inc. said Tuesday that its global sales rose 11 percent in June, boosted by higher North American demand that offset flat sales in Europe, Africa and the Middle East.
AK Steel Holding Corp. posted a second-quarter loss on Tuesday as sales fell 14 percent and the steel maker recorded a hefty charge related to taxes.
The DuPont Co. reported a 3 percent decline in second-quarter earnings Tuesday as volumes were off in several business units including its performance chemicals, electronics and safety product businesses.
Greece, Portugal, Italy, and Spain are in recessions. Germany and France are faring better, but both are likely to grow more slowly this year than America.
Fitch Ratings upgraded its ratings on Harley-Davidson Inc. and its related businesses Friday given high demand for the motorcycle manufacturer's bikes and strong financial position.
May U.S. manufacturing technology orders totaled $473.92 million according to AMT - The Association For Manufacturing Technology.
Auto industry executives in the U.S. expect to hire more people and expand their factories in the coming year to handle rising sales, according to an annual survey of executives.
South Carolina's relationship with aerospace giant Boeing Co. opened doors for the state at a recent international airshow outside London, according to state Commerce Department officials.