Stimulus package aimed at helping Europe's biggest economy weather the financial crisis, with measures including tax breaks on new cars and credit assistance for companies.
Aircraft company’s plants to reduce its work force levels amid the global financial crisis, Cessna’s chairman and chief executive warned in an e-mail to employees Tuesday.
Scientific instrument makers will take the name Life Technologies Corp. after their tie-up is complete, the two companies said Wednesday.
Wall Street enjoyed a rally Tuesday, surging as investors brushed off weak economic data and looked forward to putting the uncertainty of the presidential voting behind them.
Connecticut lawmakers are asking Pfizer to reconsider plans to hire foreign workers to replace some local contractors at its campuses in New London and Groton.
Morgan Stanley analyst told investors that Coke and its biggest bottler, Coca-Cola Enterprises, are likely to form a supply-chain management company by the end of the year.
Maker of recreational vehicles and buses said Tuesday its fiscal first-quarter sales tumbled 43 percent from last year as demand for recreational vehicles plunged.
Todd Rixman has joined the company as a Technical Engineering Manager, reporting to Dr. Tom Haslett, CTO.
General Mills launching first major brand campaign for Pillsbury in several years, hoping stressed consumers will connect with the soothing warmth of the brand's baked goods.
French Finance Minister Christine Lagarde said EU nations will consider giving car makers loans to help them build more fuel-efficient vehicles as the region tightens emission standards.
The Navy is going ahead with plans to award combat ship contracts to Lockheed Martin Corp. and General Dynamics Corp. by early next year.
Oregon's high-tech giant Tektronix is laying off about 150 workers in the Beaverton area as it prepares for tougher times in 2009.
Factory orders fell by 2.5 percent in September, much worse than the 0.7 percent economists expected, as businesses cut back amid the economic downturn, the government said.
By Ravi Shankar, Senior Director of Product Marketing, Siperian Inc. Manufacturers wishing to start a master data management (MDM) project are urged to take a cautious approach as the first step in the journey can either define or doom the further evolution of the project.
Head of the embattled meatpacking plant says he's optimistic that talks with investors interested in buying at least a share of the company could save it from a permanent shutdown.
Manufacturer of recycled steel and iron products said John D. Carter, current president and chief executive will become chairman and be replaced in both posts by Tamara L. Lundgren.
Czech carmaker and unit of Germany's Volkswagen said it planned to cut production by another 18,000 cars as the global economic turmoil hits the auto industry.
Setting aside decades of hostility, Taiwan and China agreed Tuesday to drastically expand flights and allow shipping links across the Taiwan Strait, a potential war zone hotspot.
Block Corp. will cut 120 employees -- about half of its work force -- starting Jan. 1, as it blames a poor retail market for the layoffs.