Almost two-thirds of the decline in the deficit reflected a 17.6 percent jump in oil imports, which climbed to $24.6 billion, the highest level in six months, Commerce Dept. figures show.
Fiberoptic telecommunications equipment maker JDSU said it will buy Ottawa-based Innocor for an undisclosed amount.
Office for National Statistics paints a stable picture of the industry, despite the lack of shining stars for output.
Basic Element's voting share in Canadian auto parts supplier will increase its ability to purchase Chrysler.
Japanese government submitted comments on the "inaccuracies" in the 2007 National Trade Estimate released by the U.S. last month.
CNOOC is looking to move into wind power plants along China’s coastal regions, according to according to research from Industrial Info Resources.
The plant will produce 5,000 vehicles per year to meet growing demand for luxury cars in India.
The U.S. Chemical Safety Board found that the ink and paint plant that exploded last November routinely turned off the ventilation system at night.
The consortium of nanoelectronics manufacturers is investing $600 million in Albany facility; will create 450 jobs.
The 106-year-old company was sold for undisclosed sum; 500 employees will be affected, according to media report.
Hershey's earnings outlook lowered amid restructuring efforts.
Auto-parts company wants to spend $7.44 million to buy back plants in Stockton, Calif., and Danville, Ky., from its Dana Credit unit.
After 49 years, Blue Bird Coach will close in Canada.
Wyeth’s Guayama facility receives positive re-classification following FDA inspection.
Within nine months, the company will split into two independent publicly traded companies.
Latest bid by Inverness rivals Beckman Coulter’s May 2nd bid of $90 per share.
Sylvain Rioux will be based out of StockerYale’s Montreal facility and will be responsible for StockerYale Canada’s R&D projects.
The total U.S. trade deficit increased 10.36 percent in March, while the U.S. manufacturing deficit remained about the same at $47 billion.
HEI CEO resigns to join former client in unrelated industry.
Meggitt merges its aerospace and electronics businesses into new division that has operations in France, Switzerland, Spain, the UK and the U.S.