Manufacturer of slot machines and casino management systems says vice president Robert Bittman is retiring at the end of the year.
Charlotte, N.C.-based Lance, Inc. will begin operations next week at the former Archway cookie plant in Ashland, Ohio, with a staff of 50 to 70 workers.
Powerful ‘car czar’ would dole out short-term emergency loans to Detroit’s automakers and hold veto power over transactions more than $100 million.
Bakery giant Grupo Bimbo is buying the U.S. subsidiary of Canada's George Weston Ltd. for $2.3 billion, making it one of the world's largest bakery companies.
European Union Food Safety Authority says it doesn't see health concerns for the vast majority of consumers who may have eaten tainted Irish pork.
Chairman of the EU commercial vehicle manufacturers' group said $5.1 billion in loans for car makers does not go far enough and additional measures were needed.
Key barometer of corporate capital spending in Japan fell sharply in October, another grim sign that business investment is tumbling amid a deepening global slowdown.
Parent company, Libbey Inc., is closing Syracuse China’s 137-year-old ceramic dinnerware factory in March, eliminating 275 jobs.
Foreign investment in China dropped sharply in November, battered by a slump in global demand that has led to a wave of factory closures, the Commerce Ministry reported.
Jet engine maker is ordering 1,000 hourly employees in Connecticut to take a one-day unpaid furlough on Christmas Eve.
Congress and the White House struck an agreement in principle on the measure Tuesday and hoped to finalize it and schedule swift House and Senate votes as early as Wednesday.
Chinese dairy companies will likely have to pay for a compensation plan being prepared by the government for families of children sickened by tainted milk powder.
Maker of disk-drive components says it will cut as many as 1,125 jobs as demand for its products weakens during the slow economy.
Japan's largest carmaker said it will further reduce production at several factories in North America, as the global slowdown continues to cut into sales.
About 285 people will lose their jobs when the steelmaker closes its plant in Hennepin, Illinois.
Swedish bearings maker said it is slashing nearly 6 percent of its work force worldwide to adapt to lower demand from the auto sector due to the global financial crisis.
Submarine maker plans to hire 650 workers in the upcoming new year to help with the construction of the new Virginia-class Missouri sub and other projects, EB President John Casey said.
Lagging telecommunications equipment maker has sought advice for a possible bankruptcy should turnaround plans fail to stem its loss of revenue, according to The Wall Street Journal.
German automaker's truck unit still looking at acquiring a stake in Russian truck maker Kamaz Inc. and expects to make a decision by year-end, Daimler said Wednesday.