Jancor Companies Inc. shut down plants in Booneville, Olive Branch, and Macon, putting more than 300 people out of work.
Momentum is building in Washington to aid wounded U.S. automakers with cash to help their finance arms and possibly even help seal a deal for GM to acquire Chrysler.
BFGoodrich plans to temporarily cut production by nearly 40 percent at its Indiana tire plant, which could mean temporary layoffs for about 500 workers, said union officials.
Subsidiary of Intel Corp. announced its first ‘clean-tech’ initiative in China, a $20 million equity investment in one of China's biggest makers of solar energy and wind power equipment.
Japan's second-biggest automaker said Tuesday it would cut vehicle production by 10 percent in Britain due to faltering demand in Europe.
Canada's auto-parts makers need up to $1 billion in immediate short-term loans to help them survive during the liquidity crisis, says an industry report.
It is all but certain the Fed will cut rates, the second time in this month alone, but the big question is just how low the Fed will go.
While the risk of China resorting to protectionist policies rises during difficult times, it could create problems and possible backlashes in other countries, a U.S. trade official said.
Rum producers in U.S. Caribbean territories will see some benefits from a tax rebate that was widely defended earlier this month as a measure to help island governments.
Advanced Micro Devices said Tuesday it had completed the sale of its unit that makes chips for digital TV sets to fellow chip maker Broadcom for a reduced price of $141.5 million in cash.
Oil producers warned low oil prices have created a crisis situation threatening key investment in production, pushing them to seek moderate price increases by cutting output.
Windmill blade maker plans an opening of its new $150 million main factory on Tuesday, the focus of a $150 million investment in its Little Rock, Ark., operation.
Plane maker's contract talks with its engineers' union will move into high gear his week, and may get a boost from a tentative settlement with the Machinists union.
Ontario is keeping a close watch on an apparent request by General Motors for a $10-billion rescue package from the U.S. government to aid in its purchase of Chrysler.
Plug-in electric vehicles from GM and Toyota are not expected to hit showrooms for more than a year, but the first buyers will be eligible for a tax credit that could reach $7,500.
Leaders of the union representing 8,000 hourly workers at the Newport News shipyard say they have tentatively agreed on a contract.
Chinese eggs have been found with excessive amounts of the industrial chemical melamine that may be traced to fertilizer fed to chickens that laid the eggs.
Premier Wen Jiabao said China will take steps to improve its food safety, claiming that tainted milk products that sickened thousands of children was a failure of regulation.
Pharmaceutical company’s new containment facility in Germany won the Facility of the Year Award from the International Society for Pharmaceutical Engineering.