South Korean automaker has shelved a plan to make pickup trucks in the United States as demand for that type of vehicle declines amid high oil prices.
Earthquake that ripped through China, killing more than 12,000 people and crumpling roads and factories, will be only a transitory jolt for the booming economy, analysts say.
Drug maker will close its sterile manufacturing plant in Terre Haute by the middle of next year and eliminate the remaining 140 jobs at the plant.
Two executives have left Advanced Micro Devices as the company tries to engineer a dramatic turnaround to fend off larger rival Intel.
Company said soaring fuel and transportation costs forcing it to scale back plans to build what would have been the largest water bottling plant in the U.S.
Automaker reported a big jump in fiscal fourth quarter profit, but like other Japanese automakers pinched by a strong yen and soaring oil and material costs, it forecast a rough year ahead.
Shoe maker said subsidiary Jibbitz LLC won a copyright and trademark infringement case against three Chinese shoe companies and was awarded damages of $56 million.
Automaker's new hydrogen-powered vehicle FCX Clarity reaches maximum speed of 99 miles an hour and comfortably seats four people.
European aircraft maker announced delays on deliveries of the superjumbo A380, already almost two years late, saying it is behind schedule switching to automated production.
Congress expected to approve legislation directing President Bush to temporarily halt the shipment of about 70,000 barrels of oil a day to the Strategic Petroleum Reserve.
French and Japanese auto alliance forming a joint venture with Bajaj Auto Ltd. of India to develop, make and sell an inexpensive car there with a price starting at $2,500.
Regulator defended state’s work to reduce greenhouse gas emissions from new vehicles, contending it would push the auto industry to innovate without limiting consumers' choices at dealerships.
Spokeswoman says American Axle and union negotiators made a lot of progress in bargaining Sunday, but would not say if the company and United Auto Workers are close to a deal.
Several foam manufacturers to pay $30 million to settle lawsuits brought by survivors and family members of those who died in a 2003 fire that killed 100 people in a Rhode Island club.
Personal computer and printer maker reportedly nearing a deal to buy information technology services provider Electronic Data Systems for between $12 billion and $13 billion.
Spokesman Stew Low said Monday there are no products available for the factory, which employees about 1,400 hourly and salaried employees.
Energy Department report concludes that wind turbines can produce a fifth of the nation's annual electricity needs within about two decades.
Branded and generic drug maker said Monday Chairman and co-founder Allen Chao will resign, effective immediately, to 'pursue other business activities.'
Two of the biggest pharmaceutical companies in the United States and India are teaming up to develop new anti-infective medications.