Unionized workers at Hyundai Motor approved a revised wage package following a series of partial strikes that cost the Korean automaker hundreds of millions of dollars.
China to cut back on iron ore imports due to a pricing issue, which has long been a point of contention between Beijing and its foreign raw materials suppliers.
Navigation and surveying device maker said Friday that it agreed to acquire TopoSys GmbH, a German provider of aerial data collection systems, in an all-cash deal.
Second shift at the General Motors truck assembly plant in Shreveport, La., has ended, eliminating the jobs of 798 employees and leaving the payroll at less than 800.
Food products from 12 Asian countries and territories with a record of importing milk products from China were added to a watch list for special inspections in Japan.
Brewer and winemaker has appointed Ian Johnston to head the company after serving as acting CEO for about three months.
Lawmakers have cleared away key obstacles to the record rescue, agreeing to include widely supported limits on pay packages for executives whose companies benefit.
Warned of possible financial panic, lawmakers reported agreement Thursday on a $700 billion bailout of the financial industry and will present it to the Bush administration in hopes of a vote within days.
General Electric, a bellwether of the U.S. economy, warned that its GE Capital unit would face 'difficult conditions' that are unlikely to improve soon.
Automaker says it will build a new factory in Flint, Mich., to make four-cylinder engines for the Chevrolet Volt electric car and other models.
Company appointed Eric Rice to Director, Technical Supports, and promoted Thomas Klercke to Director, Sortation Services & Support.
General Motors CEO said the automaker is still studying further cuts in engine, stamping and transmission plants to correspond with plant cuts it already has announced.
Wagoner said many of the loan program's specifics still must be written by the U.S. Department of Energy, but GM can live with the version the House approved Wednesday.
Major footwear manufacturer in Harbour Grace, Newfoundland has completed a plant expansion that will add about 50 new positions to the current workforce of 170.
Auto parts maker has changed a tentative agreement on how much General Motors will contribute to help it emerge from bankruptcy.
Maker of bomb-disabling technology, blast suits and other extreme-hazard gear said Thursday it will eliminate 15 percent of its total workforce in a cost-cutting restructuring.
Transportation giant ended talks to buy a stake in Russian railway locomotive manufacturer Transmashholding, apparently because of a disagreement over the price.
About 103,000 Chinese-made Razor scooters were recalled Thursday after four people received cuts that required tendon surgery.
Medical device maker said Thursday it will buy Cryocath in a move to expand its treatment portfolio for heart conditions, including abnormal heart rhythms.