Executive Chairman Bill Ford Jr. says the company's December U.S. auto sales don't look too bad through the first two weeks of the month.
Maker of products including Scotch Tape and Post-it Notes, said Tuesday it completed the acquisition of Beiersdorf's Futuro line of health supports and compression hosiery.
Tenneco Inc. said Tuesday that the layoffs at its plant in the Dayton, Ohio, suburb of Kettering are the result of production cuts at General Motors, the plant's biggest customer.
Auto parts supplier Key Plastics LLC said Tuesday it has filed for Chapter 11 bankruptcy protection and submitted a pre-packaged reorganization plan.
White House played down the likelihood of a bailout for distressed U.S. automakers anytime soon and suggested that major concessions must be made as part of any deal.
Technology company rejected the German state of Saxony's offer to help rescue its memory chip unit Qimonda AG, but said it was open to further talks with the state government.
Labor Department reported Tuesday that consumer prices, an inflation barometer, fell last month by the largest amount on records going back 61 years.
Computer maker said Tuesday it is moving to save 150,000 trees and $8 million with a new plan to reduce packaging materials by 10 percent over the next four years.
Italian automaker shuts down most of its plants in Italy for a month, temporarily laying off nearly 50,000 workers as it copes with the drastic drop in demand for new autos.
France's competition authorities slapped record fines on 11 companies, including subsidiaries of steel giant ArcelorMittal, for running a cartel in the steel trading sector from 1999 to 2004.
Japanese toilet-maker pledged Tuesday to repair nearly 82,000 electric bidets after several units overheated and emitted smoke.
In its December Monthly Oil Report, OPEC said world oil demand was forecast to average 85.7 million barrels per day in 2009, down 150,000 barrels per day from 2008 levels.
Output fell a stunning 10.8 percent from October to November, fresh evidence that the Russian economy may be entering a recession that will be deeper than previously feared.
German Chancellor will wait to see whether the new U.S. administration passes another economic stimulus package before considering further measures for Germany.
Milwaukee-based motorcycle maker said Monday its president and chief executive, Jim Ziemer, plans to retire in 2009, ending his 40-year career with the company.
Smart-phone maker said on Monday that its new chief financial officer would be Douglas C. Jeffries, previously chief accounting officer at eBay Inc.
If the Detroit Three automakers go out of business Canada could lose more than 580,000 jobs within five years -- 517,000 of them in Ontario, says a report obtained by the Toronto Star.
General Motors of Mexico says it will temporarily idle three factories because of the worst auto sales slump in a quarter of a century.
Closely tied to the success of GM and Chrysler, auto parts suppliers are trying not to panic and demand cash on delivery from the carmakers that are running low on cash.
Company said it will reduce output of NAND flash memory by 30 percent due to falling sales of electronic gadgets like digital cameras and cell phones.