New artificial heart uses the same tiny sensors that measure air pressure and altitude in an airplane or satellite to detect the heart’s pumping speed and the pressure on its walls.
Federal Reserve slashed a key interest rate to 1 percent as it seeks to revive an economy hit by a long list of maladies stemming from the most severe financial crisis in decades.
Volkswagen AG is considering slowing production at the end of this year by closing for extra days around the Christmas and New Year holidays.
Bell Helicopter unit said it is laying off 500 employees after losing a multibillion-dollar reconnaissance helicopter contract with the Army earlier this month.
Kosher meatpacking plant that was targeted by a federal immigration raid was fined nearly $10 million for alleged violations of state labor laws.
Plant that makes attachments for the heavy equipment maker in Carrollton will close on Nov. 23, eliminating 147 jobs.
Coca-Cola Enterprises says it will close its Binghamton, N.Y., bottling facility by early January, but says the fate of the plant's 62 full-time employees is unknown.
Swedish truck maker Volvo AB says it will lay off 600 more workers at plants in Sweden and Belgium due to declining demand in Europe.
Global slowdown and a strengthening yen are new setbacks for Japan's electronics makers, adding to their gloomy outlook for the holiday season.
Recreational trailer maker has laid off about 40 workers from its production facility in Twin Falls, Idaho, in effort to scale back as a result of downturn in the national economy.
Boeing's Machinist union said it will vote on a tentative four-year labor pact on Saturday, a process that could end an eight-week strike against the airplane maker.
Shareholders of specialty chemicals maker Rohm & Haas Co. approved a $15.3 billion buyout by Dow Chemical Co. on Wednesday.
Company celebrating the start of construction on a new facility to build its Citation Columbus business jet that is expected to bring more than 1,000 direct jobs.
Local Chinese government acknowledged Wednesday that officials knew about melamine-tainted eggs a month before the contamination was publicly disclosed.
Since Boeing machinists went on strike eight weeks ago, most of Spirit AeroSystems' 1,800 employees at its Tulsa, Okla., plant have been working 24-hour weeks.
General Motors is postponing nearly all of its spending on product development in 2009 and 2010 as part of a cost-cutting effort, an automotive trade publication reported Wednesday.
U.S. sales of pharmaceuticals will grow an anemic 1 to 2 percent in 2008, according to a report issued Wednesday.
General Motors says its third-quarter worldwide sales fell 11 percent on weak U.S. demand, falling short of Toyota's total for the period.
CEOs of oil majors Total SA and TNK-BP warned oil prices could spike dramatically if companies let the financial crisis curb longer-term investment in production.
Commerce Department reports orders for big-ticket manufactured goods rose by 0.8 percent -- the largest gain in three months -- after falling 5.5 percent in August.