Diversified toolmaker said it will pay $1.1 billion for MDS Inc.'s instrument unit, while cutting an additional 3,300 jobs and closing 30 facilities.
World’s largest drugmaker will pay a $2.3 billion civil penalty over unlawful prescription drug promotions -- the largest settlement ever paid for alleged violations of federal drug rules.
Mercury Marine says some jobs at its Stillwater, Okla., plant will be eliminated if the labor union at its Wisconsin plant approves a package of wage and benefit concessions.
Results will give insight into whether consumers opened their wallets after months of keeping them closed, and how well back-to-school offerings are being received.
Michigan House approved tax breaks for two alternative energy companies that plan to buy a closed Ford factory near Detroit and convert it into country's largest renewable energy park.
State report says the health of people living in a Saginaw residential area may have been harmed by dioxins from a Dow Chemical Co. plant.
Maker of loaders and light construction equipment plans to close its Bismarck plant and shift bulk of 475 jobs there to Gwinner plant in southeastern North Dakota.
Commerce Department says factory orders rose 1.3 percent in July, the fifth increase in six months, but below analysts' expectations of a 2.2 percent increase.
Labor Department said productivity, the amount of output per hour of work, rose at an annual rate of 6.6 percent in April-June quarter, the largest advance since 2003.
New survey finds 90 percent of employees plan to keep or increase work benefits as their company's open enrollment season approaches.
U.S. retail unit of the luggage maker filed for Chapter 11 protection with a prepackaged reorganization that includes store closures.
Government threatened to ask French automakers to immediately suspend all orders from Illinois-based Molex, Inc. if its managers don't find a way to keep company’s French plant open.
Rivals have siphoned off business by stoking fears about future of Sun Microsystems's product lines under Oracle Corp., which has agreed to buy Sun for $7.4 billion.
Maker of electric power parts says it will close one of its Menomonee Falls factories, eliminating 165 jobs and relocating another 25.
After rejecting wage and benefit concessions and missing a 2nd chance for a re-vote before deadline passed, workers at Mercury Marine will vote again to keep jobs in Wisconsin.
Ex-Toyota lawyer filed lawsuit against automaker, alleging he was pressured to conceal information from victims of rollover accidents involving SUVs and trucks.
In a sharp improvement, largest U.S. metropolitan areas evenly split in July between those where unemployment rates rose from June and those where rates fell.
Weak demand is forcing circuit board manufacturer to close two California plants that together employ 347 workers; the closures are expected to save $14 million annually.
General Motors Co. said rollout of its new 2010 Buick LaCrosse is being delayed for a few weeks as it works out unspecified 'quality issues.'
Cash for Clunkers program helped many dealers deplete their inventory quicker than expected, leading the company to relax the requirement that dealers remain in business until Jan. 1.