Cleanup would take four years and require an estimated 10,000 workers; paint makers liable if the February 2006 verdict stands.
Companies surveyed by the American Chamber of Commerce in Shanghai say China's rising costs and rampant product piracy are problems.
Unlike 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.
Auto industry group ACEA said sales declined 1.1 percent in the region to 1.25 million compared with the same month in 2006.
Recall 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.
Automaker plans to idle its Windsor, Ontario, minivan plant for two weeks in January in an attempt to reduce inventory.
By 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.
Japan Tobacco International has agreed to pay EU governments $400 million over the next 15 years to combat the sale of illegal and counterfeit cigarettes.
Inflation 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.
Automaker agreed to form a joint venture with India's Hero Group to build light-, medium- and heavy-duty vehicles for the burgeoning market.
Federal Reserve reports production rose 0.3 percent last month, after having fallen a sharp 0.7 percent in October.
European 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.’
Aircraft maker projects it will start assembling the first 777 freighter early next year at its widebody plant north of Seattle.
Swedish appliance maker to close down its stove factory due to falling profitability; Spennymoor plant has around 500 workers.
Montreal-based company shedding jobs to address reduced demand for uncoated freesheet paper; mills in Wisconsin and Ontario will be affected.
Pharmaceutical company will pay more than $20 million for multiple Clean Water Act violations stemming from three chemical spills.
Contracts will be extended on a day-to-day basis 'to accommodate continuing negotiations,' according to a Mack Trucks spokesman.
General 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.
Two days of economic talks did little to deflate Washington's growing impatience over trade practices it says have led to massive trade deficits.
Labor 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.