“Though the southeastern Michigan economy has slowed a bit, there’s no reason to believe that this is a long-term slowdown, at most it could be described as a temporary cooling of the economy,” said Timothy Butler, associate professor of supply chain management at Wayne State’s School of Business Administration.
U.S. safety regulators won't be pushing for a recall of thousands of Volkswagens that have the same electric fuses as a model that was recalled.
The Supreme Court ruled that whistleblower protections in a federal law passed in response to the Enron financial scandal apply broadly to employees of publicly traded companies and contractors hired by the companies.
Chrysler has temporarily laid off 325 employees because of poor sales of the new Dodge Dart that's being assembled at the auto maker's Belvidere plant in northern Illinois.
The ruling could clear the way for payments to resume from a settlement administrator after they were frozen.
The Jeep Renegade is “designed in America and crafted in Italy,” according to the company, and will be first assembled at the Melfi Assembly Plant — a far cry from Jeep’s assembly headquarters in Toledo, Ohio, or even North America.
A new generation of toilets may one day make toilet paper seem like chamber pots and outhouses.
Apple's longtime Chief Financial Officer Peter Oppenheimer will retire in September and he'll be replaced by the company's corporate controller.
As the spring thaw begins, automakers will see if the slowdown was due to historic cold temperatures and snowfall or if there are deeper reasons for sagging demand.
Russia has been a key market for recession-battered European automakers, but new uncertainty has been raised by growing tensions between Russia and the West over the Ukrainian peninsula of Crimea.
Hyundai emphasized improved safety features and a premium image with its latest effort to regain lost U.S. market share and win back South Koreans who're increasingly buying foreign cars.
Toyota Europe expects to sell 865,000 units this year and increase its market share to 4.8 percent as the European car market enters what is expected to be a slow recovery from six years of contraction.
New CEO Satya Nadella announced the news in a blog post Monday. It's his first big move since he took over from outgoing CEO Steve Ballmer last month.
State environment officials said they have set deadlines for the U.S. Department of Energy and its contractor to deal with radioactive waste left above ground at the repository.
The harsh winter has been rough for some businesses, but for a lucky few, the frigid weather means more cold, hard cash.
Isuzu said Tuesday it is recalling 36,823 Forward midsize trucks due to possible coolant fluid leaks that could result in dashboard fires at the front passenger seats.
A monthly economic survey index dropped slightly last month but still suggests growth over the next three to six months for nine Midwestern and Plains states.
Inventories had gotten well ahead of demand in the latter months of 2013. While it appears that stocks are now coming back into balance, manufacturing growth is still likely to be slower in the first half of 2014 than in the fourth quarter of 2013.
Buffett said: “If you could have a minimum wage of $15 and it didn't hurt anything else, I would love it. But clearly that isn't the case.”
When Apple, Google, Microsoft and other tech giants united in outrage last summer over the National Security Agency's unfettered spying, telecommunications giants remained noticeably mum.