St. Charles, Ill., facility that provides paper labels to the food and health care industries will close and lay off about 100 people by the end of this year.
Members getting another chance to vote on a financial bailout that has infuriated millions of voters after the Senate added tax cuts and other sweeteners and passed it handily.
Drugmaker Eli Lilly & Co. reportedly is the secret suitor that's been courting ImClone Systems and is offering approximately $6.1 billion for the biotech company.
Industrial chemical that sickened infants in China was found in candy at four Connecticut stores, days after contaminated White Rabbit Creamy Candy was found in California.
Short list of fighter jets being considered to revamp Brazil's fleet includes Boeing's F-18 E/F Super Hornet, Dassault Aviation's Rafale and Saab's Gripen NG.
French automaker, which is cutting 6,000 jobs to maintain profitability, hopes to boost sales with its revamped Megane compact hatchback.
The parents of a baby allegedly sickened in China's tainted milk crisis are suing one of the country's biggest dairies in the first known lawsuit stemming from the scandal.
Amid global financial turmoil, automakers made bold sales predictions and unveiled smaller, more fuel-efficient cars catering to consumers both cash-strapped and environmentally conscious.
France's largest carmaker will stick to its target of selling 4 million vehicles by 2010, despite a tough auto market, as it tries to restore sagging profitability and regain market share.
Automaker not ruling out the need for further restructuring if economic times get even tougher and says it is vital that U.S. lawmakers pass a financial bailout package.
CEO Carlos Ghosn said he 'cannot exclude' the possibility that the global market turmoil could last as long as two years, denting the French automaker's sales.
German automaker plans to increase its stake in Volkswagen AG to more than 50 percent before the end of this year, the company's chief executive said Thursday.
Canadian brewery says a number of factors caused the layoffs, including poor summer weather and a weakening economy in the U.S., where nearly half of its output is shipped.
Tight credit, economic worries and high gasoline prices combined to cut automakers' U.S. sales once again in September.
Provider of industrial automation equipment will cut 3 percent of its global work force, a move the Milwaukee company expects will save $75 million in fiscal 2009.
Problems with getting electricity, along with turbulent market conditions and inefficiency at the Rockdale smelting plant led to the layoffs, aluminum manufacturer said.
Maker of Sunflower brand of drills and tillage equipment will expand its plants in Beloit and Cawker City, adding 50 jobs.
Electronic components company said it has appointed Doug Strohmeier president of its new medical products unit.
Warren Buffett's Berkshire Hathaway is buying $3 billion worth of preferred shares, even as GE is preparing to sell at least $12 billion worth of common stock to the public.