Maker of heating and cooling systems for buildings and vehicles said Wednesday it is laying off staff and post-retirement medical benefits in an effort to rein in expenses.
Drug developer Alnylam Pharmaceuticals Inc. on Wednesday named former Sanofi-Aventis executive John Schmidt as its chief scientific officer.
Major Japanese electronics maker that rivals Sony Corp. said Wednesday it changed its name to Panasonic as expected.
Railroad freight car equipment maker has inked a deal to build 10 heavy lift series deck cargo barges for a subsidiary of Crowley Maritime Corp.
Automakers hope to stifle general concerns about a woeful global economy with boastful claims for their smaller, more environmentally friendly cars.
Manufacturing output in Britain hit a 17-year low in September, with employment, production and new orders all falling sharply.
Privately held Oregon recreational vehicle manufacturer took the unusual step this week of going public with the drastic steps it has taken to stay in business during the economic downturn.
State's supply of the fruity alcoholic beverages will likely be exhausted soon as manufacturers decide whether to comply with new labeling rules.
Pentagon is inching closer to replacing the Humvee, currently the vehicular backbone of U.S. military operations in Iraq, with the latest lightweight tactical vehicle under development.
Bank of Japan survey offers a troubling snapshot of the world's second-largest economy: waning corporate sentiment, lower profit forecasts and a pullback in capital spending.
European Union suggested it will reject Warsaw's plans to save two troubled shipyards in northern Poland, the Polish treasury minister said.
One of the country's largest glass container makers has agreed to pay a $140,000 fine for violating federal air regulations at its Madera, Calif., wine bottle plant.
Jobless rate in the Eurozone climbed again in August as worries over European economic growth deepened and confidence is at its lowest level in seven years.
Chemical manufacturer is planning a $250 million expansion at its Port Allen plant that will allow the company to manufacture several types of alumina powder.
Company's executive director and chief financial officer, Ken Hanna, will step down in April to become chairman of Inchcape PLC.
Maker of pre-engineered steel buildings is closing its VP Buildings manufacturing operations in Kernersville in December, eliminating 175 jobs.
Fifteen more companies were identified as producing milk products contaminated with melamine, broadening a scandal affecting products from baby formula to chocolate.
European Union imposed one of its highest ever cartel fines on nine paraffin wax producers accused of fixing prices and markets for products like chewing gum, tires and candles.
World's largest floor covering company will close a synthetic carpet yarn plant in Fort Oglethorpe by the end of November, idling about 230 workers.