Apparel and footwear makers will likely report weak fourth-quarter results following one of the worst holiday seasons in decades, analysts said.
Specialty chemicals maker has established two groups, performance products and engineered products, and an executive committee reporting to the CEO.
Volkswagen AG says it will put about 60,000 workers in Germany on shorter hours for five days next week.
Italian automaker would not invest cash in Chrysler but would provide access to its successful small-car platforms and environmentally friendly, fuel-efficient engines.
To save France’s auto industry from collapse, French Prime Minister said Tuesday that France may provide additional aid up to $8 billion.
Industrial production dropped 4.4 percent over the same month last year, government statistics showed, the latest sign the global crisis is squeezing the once-booming economy.
International metal giant is permanently closing its smelter near Quebec and curtailing production at its alumina refinery.
Apparel maker said Tuesday it will split its outdoor segment -- which includes brands such as The North Face, Jansport and Vans -- into two separate units.
As they look toward the 29th annual Charleston Boat Show this week amid economic hardships and a sagging boat market, boat manufacturers remain ‘cautiously optimistic.’
Statistics Canada reports manufacturing sales fell 6.4 percent to $48.4 billion in November, their lowest level since December 2004 and fourth straight monthly decline.
Chip maker said Tuesday it purchased some of Advance Micro Devices' handheld graphics and multimedia technology assets for $65 million in cash.
European Union and South Korea said Tuesday that they have moved closer to a free trade agreement, though another round of negotiations is required to overcome issues.
Modular interior manufacturer DIRTT has announced plans to open a new 81,000 square foot assembly plant in Savannah, bringing up to 150 jobs to the area.
United Auto Workers president Ron Gettelfinger suggested that a mid-February deadline for GM and Chrysler to complete their restructuring plans may be 'almost unattainable.'
Automaker is cutting production by half at one of its plants in Alliston, Ont., until auto sales rebound.
Japan’s fourth-largest automaker says it will halt production at its biggest plant for three weeks in February to cope with mounting inventories of unsold vehicles.
Widely expected selection of Akio Toyoda marks the first time a Toyoda family member has taken the helm at Japan's No. 1 automaker in 14 years.
Chief exec Carlos Ghosn said carmakers are facing the worst crisis since the Great Depression and called on European governments to save the auto industry from collapse.
Automaker says it will reduce the working hours for 26,000 German employees as part of efforts to slow production amid a deepening economic downturn.
Specialty chemicals maker says it's cutting about 900 jobs and idling or closing plants as it adjusts operations and cost structure in response to the slowing economy.