Former Intel Corp. engineer has been charged with stealing trade secrets worth $1 billion from the chip maker while he worked for its main rival, Advanced Micro Devices Inc.
Pharmaceutical companies face biggest threat to their profits in a decade, as Democrats and president-elect Barack Obama vow to overhaul nation’s health care system.
Aerospace company says plans for its new Learjet 85 assembly line and the added jobs in Wichita that come with it are still on track, despite the financial crisis.
Detroit automakers and their allies in Congress said Obama's victory could help U.S. automakers get federal funding needed to survive a terrible economic slump.
Owner and managers of nation's largest kosher meatpacking plant scheduled to go to trial next April on over 9,000 charges alleging child labor violations at the plant in Postville.
Wood products company said it would halt operations at three northern Idaho mills, temporarily laying off 415 workers.
Company has announced plans to shut down its toner manufacturing operation in Oklahoma City and eliminate about 100 jobs by the end of the year.
Pair of senators asked Johnson & Johnson to turn over information about payments to physicians as part of a widening investigation into its influence over medical professionals.
Shareholders in specialty chemicals maker Hercules Inc. voted to approve its $2.6 billion takeover by rival Ashland Inc.
Company is confirming it has laid off 100 temporary manufacturing employees at its Essex Junction, Vt., plant.
Steel maker said Wednesday a surcharge of $185 per ton will be added to invoices for electrical steel products shipped in December.
Automaker has no plans to delay its ramp-up to the 2010 launch of its youth-oriented Scion despite economic forecasts that the country is on the edge of a recession.
British drugmaker is restructuring its U.S. operations, starting with reducing its U.S. sales force by 1,000, following many of its top competitors in eliminating sales jobs.
Airplane maker said the first test flight of its long-delayed 787 Dreamliner jetliner has been postponed until next year due to an eight-week strike by union workers.
Head of the company that owns most of Chrysler LLC says the country needs an economic stimulus package and must make sure the domestic auto industry doesn't fail.
Semiconductor company Intersil Corp. said Wednesday it is cutting its global work force by 9 percent because of the current economic turmoil.
Kosher slaughterhouse Agriprocessors has filed for Chapter 11 bankruptcy protection, blaming a May immigration raid for financial difficulties.
Piramal Glass in Park Hills, Mo., says it is laying off 190 workers because of the troubled economy.
Office furniture manufacturer said Tuesday it has named Jeff Lorenger president of the company's Allsteel Inc. unit.