Union president Ron Gettelfinger says there's no movement toward settling a two-week strike at American Axle and Manufacturing Holdings Inc.
Strike at auto parts maker could last much longer, largely because the company is profitable but wants concessions, according to some labor experts and workers.
Another round of layoffs came this month at Biederlack, a Maryland blanket manufacturer, after deals fall apart with Wal-Mart and Sam's Wholesale.
Trade deficit grew to $58.2 billion in January as imports — including crude-oil prices — zoomed to all-time highs.
Bombardier warned local authorities it could be forced to close down the plant if it does not get a contract from the state-controlled railway to build 1,200 railcars.
German drug maker acquires U.S.-based Sagmel's over-the-counter portfolio for an undisclosed price.
Yachiyo Industry Co. is building a new plant to produce mini-vehicles as soaring gas prices boost demand for the cheap, fuel-efficient minicars.
Washington state lawmakers and governor praising Boeing's decision to protest a $35 billion tanker contract awarded to the parent company of European plane maker Airbus.
China's inflation surged 8.7 percent in February, squeezing exporters and adding to the threat of unrest ahead of the Beijing Olympics.
EADS reported annual losses of $684.16 million Tuesday, after a year marred by the botched roll out of both military and commercial aircraft.
After a disappointing year, neither the new chief executive of the nation’s largest candy maker nor the man he replaced received a bonus in 2007.
Economy will suffer as the slumping housing market eats away at job creation and consumer spending, but the nation should avoid a recession this year, says an economic report.
Agency is trying to find out how herbal supplements got into a family's frozen fish dinner, a discovery that prompted a voluntary recall in 11 states.
Following a debriefing by Air Force officials Friday, Boeing will formally protest the $35 billion refueling tanker contract awarded to EADS and Northrop Grumman.
Crude contracts had initially risen after a weak U.S. jobs report that fueled hopes the Federal Reserve would continue cutting interest rates.
Aircraft maker has until Wednesday to decide whether to formally protest the Air Force tanker award decision to the Government Accountability Office.
Illinois-based auto-parts maker has agreed to buy some assets and inventory from Delphi Inc.'s Kettering, Ohio, suspension plant and lease part of it.
Biggest chicken processor in U.S. said Monday it has sold its turkey-production plant in Pennsylvania and is getting out of the business because of slim profits.
Transportation Secretary Mary Peters is fighting in court against a law that sought to end a pilot project allowing Mexican trucks greater access to U.S. roads.