Bryn Edwards joins Xspect Solutions, a supplier of CMMs, as the company’s new vice president of aftermarket services.
Automakers reported double-digit U.S. sales declines as demand for trucks and sport utility vehicles plummeted due to high gas prices, the housing slump and tightening credit.
Airbus parent vowed to defend top managers against charges they breached insider trading and market disclosure rules.
Germany's unadjusted jobless rate declined to 8.4 percent in March as an economic upswing in Europe's biggest economy helped support the labor market.
Sector sees slight increase from February, but still affected by heavy cost pressures; economists say results confirm manufacturing recession.
World Bank trimmed its 2008 growth forecast for China to 9.4 percent from 9.6 percent but said it should be robust enough to help drive the global economy.
Owner-Operator Independent Drivers Association says many of its members believe diesel prices at more than $4 a gallon is making it difficult for them to stay in business.
Uranium processor bought a uranium enrichment facility, formerly operating by Boeing in Oak Ridge, Tenn., for $5 million.
Maker of ceramic parts and products for defense applications received a $41.1 million order from the Army for ceramic body armor.
Company says 4 to 6 percent increase reflects increased demand for stainless steel products and the need to recover increased costs of steel production.
Consumer-product maker acquired Aprica Childcare Institute Aprica Kassai Inc., a Japanese maker of strollers, car seats and other children's products.
U.S. drug maker announced plans to expand its manufacturing and research facilities in Ireland and hire another 170 people.
South Korea’s second-largest shipping company set up wholly owned overseas units in Russia and Dubai in a move to expand into the oil-rich countries.
Turning attention from efforts to calm the U.S. credit crisis, Secretary Paulson meets Wednesday with China's new point man on strained trade ties with Washington.
Japanese automaker is establishing a North American research institute and plans to spend $100 million over the next four years on advanced research activity.
France's market regulator is initiating sanctions procedures and deepening its probe into market abuses at the parent company of Airbus.
More than 20,000 Vietnamese workers walked off the job at a plant that makes shoes for Nike, demanding higher pay to keep pace with skyrocketing prices.
Plane maker denies production delays for A350, as it unveiled a new interior for the midsize passenger jet to better compete with Boeing's fast-selling 787.
Federal judge approved Delphi's request to extend two deadlines with GM and the IRS as it tries to line up the financing it needs to exit from bankruptcy.