Plan to increase job cuts to about 6 percent of Boeing's work force drew a skeptical response from a key union leader, even though production workers appear likely to be spared.
Congressional and state officials called Wednesday for a federal probe of possible criminal violations at a Georgia peanut processing plant linked to the nationwide salmonella outbreak.
Labor Department reported Wednesday that 21,137 mass layoffs took place last year, up from 15,493 in 2007, and the highest annual total since 2001.
Plans are proceeding for a national convention in Detroit on manufacturing, technology, energy and the environment despite worsening economic woes.
Chocolate maker plans to close Scharffen Berger's West Berkeley, Calif., manufacturing plant and the San Francisco factory that makes Joseph Schmidt truffles.
Defense contractor said Wednesday has received a $120 million contract to equip up to 400 U.S. Air Force ground vehicles with improved voice and data communications.
Chairman Craig Barrett adamant the world's biggest chip maker will win an EU antitrust dispute, despite losing a legal challenge to delay a monopoly abuse investigation.
Automaker said Wednesday it will recall almost 1.3 million vehicles worldwide due to a defect that could cause a foam pad near the seat belt to ignite during collisions.
Job bank program, which gives union workers most of their pay and benefits while they are laid off, was the target of much ire during the automaker's requests for a federal bailout.
Maker of ammunition, propulsion systems and aerospace supplies received a contract to produce composite aft fan cases for Rolls-Royce's new aircraft engine.
EPA can direct GE to dredge PCBs from New York's Hudson River after a judge upheld the federal law that can force companies to spend millions cleaning up contaminated sites.
World's second-largest airplane maker says it swung to a fourth-quarter loss, hurt by a labor strike and charges related to its 747 passenger jet and a legal reserve.
Automaker says it will stop production for two weeks next month at its engine plant in northern Ohio and will lay off as many as 70 employees indefinitely at the factory.
Third-largest U.S. oil company lost $31.8 billion in the final three months of 2008 as it recorded massive, one-time charges and encountered sharply lower crude prices.
Bureau of Labor Statistics says the ranks of organized labor rose by 428,000 workers -- the biggest annual gain since the government began compiling such data in 1983.
Lawmakers are drafting a plan requiring food manufacturers to report internal inspections to state officials after salmonella was found during internal tests at a Georgia peanut plant.
Swiss chip maker said Tuesday it is cutting about 9 percent of its worldwide work force after it posted a fourth-quarter net loss Tuesday.
World unemployment by year's end will range between 210 million and 230 million people, a sharp increase over an estimated 190 million for 2008, said the U.N. labor agency.
Japan's No. 1 chipmaker will shut down several semiconductor plants at home to cope with a plunge in global demand for electronics goods, a report said Wednesday.
Two steelmakers said they expect operating losses in the first three months of 2009, suggesting that more plant shutdowns and job cuts could be on the way.