Sanofi-Aventis SA must sell off medicines in eastern Europe to win EU antitrust approval to buy the generic drug maker in a $2.3 billion deal, the European Commission said.
Government paying people who junk old cars a bonus of $3,250 toward a new, environmentally cleaner vehicle, as part of a $67 billion government stimulus plan.
Provision to the economic stimulus bill would allow many car buyers to claim an income tax deduction for sales taxes paid on new autos and interest payments on car loans.
Navigational device maker is teaming up with a Taiwan-based manufacturer to get into the market for feature-rich mobile phones.
Unemployment rates moved higher in 98 percent of the nation's largest metropolitan areas, with Indiana's Elkhart-Goshen and Dalton, Ga., registering the biggest annual increases.
Sewon America, a major supplier of stamped chassis and body components for the Kia Motors plant coming to West Point, Georgia, will start production later this year.
German chemical company said it is considering selling off its leathers and textiles chemicals unit, which has seen low market growth and high competitive pressure.
Aircraft parts maker on Wednesday cut its 2009 profit forecast, citing updated pension expense expectations and the uncertain global economic environment.
China likely overtook the U.S. in vehicle sales for the first time last month, a trend that could make China into the world's largest auto market this year.
Seventy-six percent of the union members at the New Process Gear plant voted 'no' to a package of concessions, putting about 1,400 jobs in jeopardy.
Garment workers, small-business owners and manufacturers rallied in front of Macy's flagship store to protest a new anti-lead law they say will cost them jobs and profits.
World's largest maker of plasma display TVs will cut up to 15,000 jobs and shut 27 plants worldwide, joining a slew of major Japanese companies announcing deep cuts.
Automaker said its group net loss will amount to $672.96 million in the fiscal year through March 2009; Mitsubishi earlier projected a net profit of $224.32 million.
Owner of Hi-Tech Pharmaceuticals was sentenced Tuesday to four years in prison for importing millions of dollars worth of unauthorized generic drugs sold on the Internet.
Key indicator of China's manufacturing improved in January, a business group said Wednesday, fueling hopes an economic decline might be bottoming out.
American Honda Motor Co. said John Mendel will take over as executive vice president of auto sales, replacing Richard Colliver who will become a senior advisor.
Defense contractor building the F-22 fighter jet said thousands of jobs would be lost if President Obama decides not to continue funding for the advanced but costly plane.
Tire and rubber company says it needs to cut costs because of slumping tire sales and plans to reduce the amount of tires available by adjusting tire production at factories.
Automaker lowered its forecast to a $144.4 million net loss over the fiscal year through March, and slashed its sales target 15 percent.