Drug maker. paying to settle claims that it overcharged Medicaid programs for four drugs, including Vioxx and Zocor, and to resolve allegations of improper marketing to doctors.
Increased demand for fertilizer is driving Terra to restart annual production of 400,000 tons of ammonia later this year in a $10 million expansion at Donaldsonville, La.
Strong jobs data lends some credence to the view that the Canadian economy is faring better than its U.S. counterpart, says economist.
According to the RBC Cash Index, a new reading in early February was the worst since the index began in 2002 and surpassed the previous low reached in January.
A sugar dust explosion rocked a refinery owned by Imperial Sugar near Savannah, Ga., sending more than 50 people to the hospital with six still missing.
Company that pioneered instant photography is getting out of the film business to focus on digital imaging.
Chinese imports have triggered a growing number of lawsuits, but U.S. companies often find it impossible to win damages or other legal redress, especially for lawsuits filed overseas.
Norske Skog will slash production by 504,000 tons annually, shut down one paper machine in Norway, and close mills in the Czech Republic and South Korea.
America's retailers delivered more evidence of a stumbling U.S. economy Thursday, as merchants including Wal-Mart Stores Inc. reported weak January results.
Candy maker blames the 150 layoffs on rising costs for raw materials and the company's need to reduce costs to remain competitive in the marketplace.
Chip maker Atmel Corp. will pay $88 million to buy touchpad navigation manufacturer Quantum Research Group Ltd. to expand its product offerings.
Oxford, Miss. Caterpillar plant that makes hose couplings collapsed Tuesday from severe tornadoes in the region; only a few minor injuries reported.
Number of newly laid off U.S. workers filing applications for unemployment benefits dropped last week, but not enough to indicate that strains on the labor market are easing.
Plastics and resins maker will close a Canadian plant and seek a buyer for a Texas facility to offset expected pressures from high oil prices and poor auto sales in 2008.
Pratt & Whitney expects to create hundreds of jobs after winning the largest contract in its history, supplying a new generation of jet engines for Cessna's largest business aircraft.
Manufacturing company founded in Mount Airy, N.C., more than 50 years ago laying off 149 people at a manufacturing plant and a small distribution center.
Plastech Engineered Products, which filed for bankruptcy protection last week, is seeking $38 million from pre-bankruptcy lenders to keep the company running until next week.
To meet the growing demand for flat-screen TVs, Corning will add capacity to its manufacturing facility in Taiwan that makes glass substrates for LCD screens.
As snow storms stranded migrant workers on a major holiday, most were happy to be stuck in factories, enjoying a life far from the social restrictions of their villages.
Health ministry to reinforce inspections of imported processed food and consider testing for agrochemical residues in random samples, following recent food poisoning incidents.