Two of the world's biggest paper makers announced thousands of layoffs, mill closures and production cuts to counter high costs and overcapacity in the industry.
Chief union negotiator says deal, which covers 16,000 workers at 14 domestic plants, is the best basic steel contract in the past 30 years.
Plane maker and industry partners successfully fired the high-energy, chemical laser, proving that it will be capable of destroying a missile in flight.
CEO Steve Jobs took the wraps off a revamped line of iPods that include two slick new Nano models, oval-shaped devices that Jobs said are the thinnest iPods Apple has ever made.
As light, sweet crude slipped below $104 a barrel for the first time since early April, OPEC President Chakib Khelil signaled the cartel likely wouldn't cut production.
Environmental Protection Agency has criticized General Electric's cleanup plan for a stretch of the Housatonic River south of Pittsfield, Mass.
Tire production has been cut significantly in both North America and Europe, while at the same time the company has substantial overhead costs that it has been unable to absorb.
Child labor charges were filed against the owner and managers of the Agriprocessors kosher meatpacking plant, the site of one of the nation's largest workplace immigration raids.
Automakers are working with lighter materials and trying to boost fuel efficiency as the industry shifts toward rechargeable electric and fuel cell vehicles.
National news agency Efe says Ford Motor and General Motors plan to lay off 1,900 auto workers in Spain.
Maker of meat slicing equipment cited by Maple Leaf Foods as the possible cause of its deadly listeriosis outbreak insists there has never been a serious food safety issue with its machines.
State officials say company that makes paint for cars and planes will bring its headquarters to South Carolina, creating 85 new jobs.
Government is urging owners of 5 million recalled Ford vehicles to bring them to dealerships to repair a cruise control switch system that has been tied to engine fires.
Finance Ministry has barred investments in the Anglo-Australian mining company because of concerns over environmental damage at a mine in Indonesia.
Company said Tuesday it will shut down a paper machine producing about 430,000 tons of containerboard annually for corrugated packaging, resulting in about 60 layoffs.
Company says it will cut production on some Boeing products in response to the machinists strike at the airplane manufacturer.
Direct digital manufacturing and rapid prototyping system maker has appointed former Boeing exec to Vice President, New Business Development in Direct Digital Manufacturing.
Automaker will unveil the car-based concept vehicle at the Paris Motor show in October, as it seeks to expand its lineup of fuel-efficient, higher capacity vehicles.
Alloy maker Haynes International Inc. named Mark M. Comerford as its new president and chief executive to replace the retiring Francis Petro.