General Motors CEO said the automaker is still studying further cuts in engine, stamping and transmission plants to correspond with plant cuts it already has announced.
Wagoner said many of the loan program's specifics still must be written by the U.S. Department of Energy, but GM can live with the version the House approved Wednesday.
Major footwear manufacturer in Harbour Grace, Newfoundland has completed a plant expansion that will add about 50 new positions to the current workforce of 170.
Auto parts maker has changed a tentative agreement on how much General Motors will contribute to help it emerge from bankruptcy.
Maker of bomb-disabling technology, blast suits and other extreme-hazard gear said Thursday it will eliminate 15 percent of its total workforce in a cost-cutting restructuring.
Transportation giant ended talks to buy a stake in Russian railway locomotive manufacturer Transmashholding, apparently because of a disagreement over the price.
About 103,000 Chinese-made Razor scooters were recalled Thursday after four people received cuts that required tendon surgery.
Medical device maker said Thursday it will buy Cryocath in a move to expand its treatment portfolio for heart conditions, including abnormal heart rhythms.
Company said Thursday it agreed to acquire BASF’s North American coil and extrusion coatings business for undisclosed terms.
French automaker said Thursday that it would cut 2,000 more jobs at its European subsidiaries, bringing the total number of job cuts announced this month to 6,000.
Shareholders of the chewing-gum maker have approved a $23 billion sale to Mars Inc., creating the world's largest confection maker.
Due to the impact of a slowing economy and Hurricanes Ike and Gustav, jobless benefits for the week ending Sept. 20 increased by 32,000 to a seasonally-adjusted 493,000.
While China grapples with its latest tainted food crisis, the political elite are served the choicest, safest all-organic foods supplied from farms working under strict guidelines.
Maker of variable frequency drives for AC motors is expanding its Loves Park plant, adding both production and office space to meet increasing demand.
Producer of heat shields for cars blamed the closure on a downturn in the domestic car market.
Total goods carried by trucks in the U.S. fell in August compared with the previous month, marking the largest month-to-month drop since March, a major industry trade group said.
Company won a contract worth up to $491 million including options to provide propulsion systems for new military fighter jets.
Lawmakers were split Thursday on how soon car makers should be forced to follow new rules curbing how much carbon dioxide new vehicles emit.
Authorities are evaluating whether a plan to ban older trucks from entering the twin ports of Los Angeles and Long Beach imposes unfair regulations and fees on truckers and shippers.