World's largest beverage maker said Thursday that it appointed Chief Marketing and Commercial Officer Joseph Tripodi as executive vice president.
Helped by a lightened debt load, Ford Motor Co. posted a surprise second-quarter profit of $2.3 billion Thursday, following the worst loss in company history a year earlier.
Work on a $4.2 billion chip plant supplying Advanced Micro Devices Inc. starts Friday in upstate New York, despite being in the middle of a recession.
Newly released Compensation Data Manufacturing 2009 survey results show pay increase budgets have fallen to 1.9 percent.
Toyota has decided to liquidate its California joint venture plant with General Motors, Kyodo News agency reported Thursday.
Chief executive Wendelin Wiedeking leaving luxury sports car maker after 16 years, a move widely expected to clear the way for a merger with Volkswagen.
Automaker started out with the goal of acquiring much larger VW but in the process got upended by the financial crisis -- and found itself target of a possible takeover by Volkswagen.
Labor Department said Thursday its tally of initial claims for unemployment insurance rose by 30,000 to a seasonally adjusted 554,000 --above analysts' estimates of 550,000.
Automaker announced Wednesday that the plant in Buffalo will begin producing engines for the Highlander sport utility vehicle in the fall.
Airbus said Thursday it still expects to achieve its target for aircraft sales this year despite a decision by Russia's biggest airline, Aeroflot, to delay delivery of some jets.
Former PepsiCo vice president Edward F. Backus could face decades in prison after admitting he stole about $1.8 million from the company.
Telecommunications network equipment maker aims to cut 850 jobs in France as part of a plan to save several hundred million dollars this year, the company said Thursday.
Hundreds of workers have gone on strike at the Bemis Co. plant in Terre Haute after union officials say members overwhelmingly rejected a contract offer.
United States has largely prevailed in a trade dispute with China over restrictions on the sale there of American CDs, DVDs, books and computer software.
Areva and Northrop Grumman have broken ground on a 300,000-square-foot facility in Newport News that will manufacture large components used in the nuclear power industry.
Five leading flu vaccine makers are racing to test and produce the first swine flu vaccine before the winter flu vaccination season starts in mid-October.
Federal health officials said they found cancer-causing ingredients in electronic cigarettes, despite manufacturers' claims the products are safer than tobacco cigarettes.
Japan's exports in June fell by the smallest margin in six months, adding to evidence that global demand is recovering as the recession loosens its grip.
General Motors said Thursday it will continue detailed talks with Magna and Belgium-based investor RHJ International to rescue Opel unit.
Australian Foreign Minister Stephen Smith met with Chinese counterpart Thursday over Rio Tinto manager accused of espionage, but made no progress resolving the issue.