Swiss drug maker is planning to shutter its 1,000-worker Palo Alto research lab as it pursues its takeover bid for Genentech Inc.
Former Boeing Helicopters vice president is being charged in a loan kickback scheme based at a suburban Philadelphia plant.
Automaker bringing back the defunct Insight nameplate for a hybrid-only vehicle planned for the Japanese, European and North American markets early next year.
Industrial production fell 1.8 percent in July compared with June, with the three main categories of output showing declines, the ministry of the economy said.
After workers voted overwhelmingly to strike, both sides agreed to a 48-hour contract extension at the request of Washington Gov. Chris Gregoire and federal mediators.
Intelligent automation software provider for motion and vision-guided robotics systems and services has named John Dulchinos chief executive officer to succeed Robert Bucher.
Auto parts maker Lear Corp. has told employees in Zanesville that the company will shut down its plant in the eastern Ohio city next year, says a union official.
CIT Aerospace, a unit of financials services firm CIT Group, ordered 10 new aircraft worth roughly $756 million at current list prices.
French wine and spirits company is taking control of the distribution of its Vin & Spirit brands, including Absolut Vodka, ending a deal with Maxxium for non-U.S. sales.
Swedish aerospace and defense company cut its outlook for 2008, citing delays in completing orders and uncertainties surrounding Swedish defense spending.
Major Chinese steel maker has joined with smaller partner Liuzhou to set up a venture to be called the Guangxi Iron & Steel Group.
New law that allows companies to negotiate their way out of the 35-hour work week is meeting resistance from both workers and the employers it was meant to benefit.
Maker of Dove soaps, Axe deodorants and Ben & Jerry's ice cream said it will appoint Paul Polman, currently an executive for Nestle SA, as chief executive officer.
Many of the nation's retailers struggled with the back-to-school season, as shoppers focused on buying essentials amid persistent worries about high gas and food prices.
Government's investment to save a mothballed Ford plant in Windsor was significant because it marked a stark change in attitude.
Tokyo-based consumer electronics company recalling 440,000 units of Vaio laptop computers worldwide due to faulty parts that could trigger overheating.
Plane maker’s largest union voted Wednesday to reject a contract offer and go on strike, a decision that would have a ripple effect on the company's suppliers in Kansas.
Communications company said Wednesday its manufacturing facility in Greensboro would close in the second half of 2009, affecting 117 employees.
Government report looked at 25 categories of work and found that there were fewer women in senior positions in a dozen of them over the past five years.