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Lead Paint Companies Try To Quash Cleanup Proposal
December 17, 2007 4:29 am | News | CommentsCleanup would take four years and require an estimated 10,000 workers; paint makers liable if the February 2006 verdict stands.
Survey: China Losing Competitive Advantage
December 14, 2007 11:00 am | by Elaine Kurtenbach, AP Business Writer | News | CommentsCompanies surveyed by the American Chamber of Commerce in Shanghai say China's rising costs and rampant product piracy are problems.
IMF: Global Economy To Expand In 2008
December 14, 2007 10:59 am | by Viorel Urma, AP Business Writer | News | CommentsUnlike past economic upswings driven by the U.S., Japan and Western Europe, the main engines of growth this time are predicted to be China, India and other emerging economies.
European Automakers Blame Oil Prices For Slowing Demand
December 14, 2007 10:58 am | by Aoife White, AP Business Writer | News | CommentsAuto industry group ACEA said sales declined 1.1 percent in the region to 1.25 million compared with the same month in 2006.
Toyota Recalls 15,600 Tundra Pickups
December 14, 2007 10:57 am | by Ken Thomas, Associated Press Writer | News | CommentsRecall involves four-by-four versions of the 2007 Tundra pickup truck in the United States because of problems with a propeller shaft connected to the rear axle.
Chrysler's New Minivans Off To Sluggish Start
December 14, 2007 10:55 am | by Dee-Ann Durbin, AP Auto Writer | News | CommentsAutomaker plans to idle its Windsor, Ontario, minivan plant for two weeks in January in an attempt to reduce inventory.
Holiday Shipping — At The Other End Of The Supply Chain
December 14, 2007 8:20 am | by Samantha Bomkamp, Associated Press Business Writer | Articles | CommentsBy Samantha Bomkamp, Associated Press Business Writer Analysts suggest major parcel carriers should expect the usual holiday rush this year, although revenue will be likely be muddled by the effects of a weak U.S. economy and changing consumer trends. Vito Randazzo, along with thousands of other delivery drivers across the country, will work the two Saturdays before Christmas making dreams come true.
Japanese Tobacco Maker Combats EU Illegal Cigarettes
December 14, 2007 5:15 am | News | CommentsJapan Tobacco International has agreed to pay EU governments $400 million over the next 15 years to combat the sale of illegal and counterfeit cigarettes.
Euro Inflation Surges To 3.1 Percent In November
December 14, 2007 5:10 am | by Aoife White, AP Business Writer | News | CommentsInflation in the 13 nations that use the euro surged to the highest level in six years and above an earlier estimate, said the EU statistics agency Eurostat.
Daimler, Hero To Build Commercial Trucks In India
December 14, 2007 5:05 am | News | CommentsAutomaker agreed to form a joint venture with India's Hero Group to build light-, medium- and heavy-duty vehicles for the burgeoning market.
Industrial Production Rebounds In November
December 14, 2007 5:01 am | News | CommentsFederal Reserve reports production rose 0.3 percent last month, after having fallen a sharp 0.7 percent in October.
EU Probes Alleged Steel Dumping By China
December 14, 2007 4:42 am | by Aoife White, AP Business Writer | News | CommentsEuropean steel producers have asked for a 40 percent surcharge on soaring imports of two types of steel, claiming China's output was ‘out of control.’
Boeing To Begin Production Of New 777 Freighter
December 14, 2007 4:37 am | News | CommentsAircraft maker projects it will start assembling the first 777 freighter early next year at its widebody plant north of Seattle.
Sweden's Electrolux To Close British Stove Plant
December 14, 2007 4:32 am | News | CommentsSwedish appliance maker to close down its stove factory due to falling profitability; Spennymoor plant has around 500 workers.
Domtar Closing Paper Mill, Cutting 625 Jobs
December 14, 2007 4:32 am | by Ross Marowits, Canadian Press | News | CommentsMontreal-based company shedding jobs to address reduced demand for uncoated freesheet paper; mills in Wisconsin and Ontario will be affected.
Merck Fined For Polluting Philadelphia Drinking Supply
December 14, 2007 4:30 am | by JoAnn Loviglio, Associated Press Writer | News | CommentsPharmaceutical company will pay more than $20 million for multiple Clean Water Act violations stemming from three chemical spills.
Mack Trucks, UAW Extend Contract
December 14, 2007 4:28 am | News | CommentsContracts will be extended on a day-to-day basis 'to accommodate continuing negotiations,' according to a Mack Trucks spokesman.
GE Aviation Group Orders 55 Boeing Passenger Jets
December 14, 2007 4:19 am | News | CommentsGeneral Electric's aviation subsidiary ordered 53 single-aisle 737-800s and two extended-range versions of the widebody 777-300, valued at $4.5 billion.
U.S. Gains Little From China Trade Talks
December 13, 2007 6:10 am | by Audra Ang, Associated Press Writer | News | CommentsTwo days of economic talks did little to deflate Washington's growing impatience over trade practices it says have led to massive trade deficits.
Wholesale Prices Shoot Up In November
December 13, 2007 5:30 am | by Jeannine Aversa, AP Economics Writer | News | CommentsLabor Department reports wholesale prices shot up 3.2 percent in November, the biggest jump in 34 years, propelled by a record rise in gasoline prices.
