EU regulators have charged Bridgestone and Trelleborg AB with breaking antitrust rules -- a move that can lead to large fines -- the companies said Friday.
Company will close its Lewistown sectional plant by mid-December, moving production to its Williamsport facility; plant closure will affect 85 employees.
Federal bankruptcy judge has approved financing that allows struggling auto parts maker to keep operating through Aug. 31.
Employers cut fewer jobs in April than in recent months and the unemployment rate dropped to 5 percent, but nonetheless still revealed strains in the nation's crucial labor market.
Chief Executive Richard Wagoner says global warming is not going to be solved with $100,000 electric cars, and his company is focusing on a vehicle more consumers can afford.
In an unprecedented move toward ensuring stability in a volatile industry, Ford and the Canadian Auto Workers reached a three-year tentative agreement, four months ahead of schedule.
Agriculture minister went on national television to assure citizens of the safety of U.S. beef after the government agreed last month to resume imports following a lengthy ban.
Food exports to Japan, a key market, dropped 30 percent in February, hurt by a scare over poisoned Chinese-made dumplings.
Officials with Latrobe Specialty Steel say they'll use temporary workers to continue production while 350 union steelworkers are on strike.
Striking workers at American Axle said they have been told the union and the auto parts supplier are close to a deal that could end a two-month strike.
Stearns Incorporated says it will close its Grey Eagle manufacturing plant and cut manufacturing jobs in Sauk Rapids, Minnesota.
Struggling commercial printer announced plans Thursday to shed hundreds of jobs as part of its ongoing three-year restructuring.
Computer-aided design software company will buy industrial software company Moldflow Corp. for $22 per share in cash.
Ethanol producers and farmers defended their good fortune in the nation’s capital, where lawmakers are blaming a corn-for-fuel policy for soaring food prices.
Food company will not rebuild its Booneville meat plant destroyed in a March explosion, despite economic incentive offers from the state and city.
Model train maker is expanding its range of toy models by acquiring Corgi Classics in a $14.8 million deal.
Strike that lasted 16 days at an Alliance Interiors plant near Lansing ended Thursday with workers approving their first labor contract.
GM and Ford saw double-digit U.S. sales declines but Toyota's sales rose 3 percent in April as high gas prices accelerated consumers' rush away from trucks and sport utility vehicles.
Sector’s recession continues, with both new orders and production declining, though the weak dollar provides hope in the form of export orders.