Sixty-one percent of the public believes the economy is now suffering through its first recession since 2001, according to an Associated Press-Ipsos poll.
German Federal Cartel Office raided the offices of seven candy and chocolate makers amid allegations of a conspiracy to fix prices.
About 400 people who worked at Indiana plant before it closed last year are eligible for positions at other GM factories, such as a Kansas assembly plant that has 300 openings.
ECI Medical Technologies had 50 employees last fall with a payroll of more than $1.4 million, but only had eight employees when it closed its doors last Thursday.
Volatile dust was blamed in an explosion that leveled an Imperial Sugar's Dixie Crystals refinery, killing six.
Mobile phone maker opens a factory in low-cost Romania, while 4,000 workers from a plant in Germany protest over plans to close it down.
Cincinnati-based Pierre Foods Incorporated is shuttering its Cedartown, Georgia, frozen food plant; 153 employees affected.
No workers were present when the fire began early Friday at the Champion Enterprises factory; facility is a total loss.
Thomas Gutierrez resigned from the textile belt and machine cover maker and will be replaced by Stephen R. Light.
By Tom Murphy, Executive Vice President, Manufacturing & Wholesale Distribution, RSM McGladrey Inc.Faced with mounting evidence of an economic slowdown and strained credit market conditions, it is important now more than ever for small and midsized manufacturers (SMMs) to maintain growth rates and remain globally competitive with continuous improvement.
Automaker plans to significantly reduce its product lineup and number of dealerships as it rolls out a new corporate initiative, a Chrysler dealer in Texas said Friday.
Chip maker said CEO Michael Mayer plans to resign, but will continue in his position until the company finds a successor.
Cambridge, Md.-based Sensata Technologies Power Controls will move its manufacturing to Mexico, resulting in the loss of 50 jobs.
Despite introducing new vehicles, some automakers and analysts predict luxury sales will fall this year as the U.S. economic woes put a pinch on high-end buyers.
Chip maker agreed to pay up to $103.4 million to acquire privately-held LED Lighting to expand its efficient-lighting business.
Canadian study of Avent, Gerber and Playtex bottles found ''very significant'' levels of bisphenol A — a controversial chemical linked to various health hazards.
Company plans to close its Advance Transformer magnetic ballast plant in Boscobel, Wis. with layoffs of 188 workers expected.
Frozen food purveyor said President and Chief Executive Lenny Pippin will leave the company immediately; no reason given for his departure.
Japan’s Chief Cabinet Secretary says investigators of the pesticide-laced Chinese dumplings are considering various possibilities for the contamination.