World’s third-largest brewer said that beer sales rose 1 percent in the latest quarter, but the company was not confident about its prospects for the rest of the year.
China-based LDK Solar Co., which makes solar power products, said it is on track to meet its production goals at a polysilicon plant it is currently building.
President announced a $250 billion plan to directly buy shares in nation's leading banks, saying the move was 'not intended to take over the free market but to preserve it.'
Drugmaker announced Tuesday that a subsidiary has started a tender offer for all outstanding shares of ImClone Systems at a price of $70 per share in cash.
Federal judge will hear arguments on final proposal of a settlement for thousands of pet owners whose dogs and cats died last year after eating contaminated pet food traced to China.
Major auto manufacturers racing to build battery-powered cars may have some competition from 17-year-old Lucas Laborde who built his own electric car.
Aircraft engine company said the job cuts at its jet engine and repair business in Georgia are a result of a reduction in the volume of engine overhauls.
Generic drug maker said it is 'resizing' its generic drug unit, which will involve cutting about 30 percent of its workforce.
City leaders estimate those job losses could affect 4,000 to 6,000 other jobs in Janesville, Wis., such as suppliers and restaurant workers who depend on the plant for business.
Turkish Airlines has asked Airbus and Boeing to submit proposals for 35 double-aisle and 70 single-aisle planes.
Automaker's North American truck division will drop its Sterling brand and end truck production at two plants by mid-2010 as it moves to deal with depressed demand.
Condensed soups seemed foreign to families that often cook homemade meals, causing Campbell’s to focus on broths that give time-pressed families a head start.
Beijing's September trade surplus with the U.S. remained unchanged from August, showing the resiliency of exports despite fears of a downturn in key markets.
World's biggest candy maker is cutting about 1.3 percent of its work force, as it moves to streamline operations even as it reported improved third-quarter sales.
Company plans to eliminate 3,300 positions globally, as it reports a 9.5 percent drop in third-quarter profit.
Paul Volcker, former Fed Reserve chairman, said the U.S. and Europe face a 'considerable recession' as global financial crisis affects consumer demand and industrial production.
General Motors says it will idle its Janesville, Wis., sport utility vehicle factory on Dec. 23, earlier than the company had expected.
CEO Nardelli says his company hasn't reached any new deals with other automakers but has talked with outside parties interested in working with it.
Automaker says it will convert one of the two assembly lines at its Lincoln, Ala., factory so it can make V-6-powered Honda Accords by the middle of next year.