The Chicago-based aerospace company said the reorganization will result in fewer research jobs in Washington state and California and is being undertaken to better meet the needs of its commercial airplane, military and space and security units.
State and local officials gathered with leaders of the General Electric Co. unit and the...
The ruling by the Delhi High Court coincided with a deadline after which Nokia had said the...
The Consumer Product Safety Commission says about 8,900 flat-screen TVs are being recalled because a faulty electronic component that can catch fire. Six incidents of the TVs overheating, smoking or catching fire have been reported, the agency says. One incident involved a TV catching fire and scorching a wall.
The producer price index, which measures prices before they reach the consumer, declined 0.1 percent last month, the Labor Department said Friday. This comes after similar decreases in October and September.
A gas explosion on Friday trapped 22 workers underground in a coal mine in western China. The blast at a coal mine in Changji prefecture occurred at 1:26 a.m. local time Friday when 34 miners were working, the prefecture's government news office.
American Airlines, fresh out of bankruptcy and newly merged with US Airways, said Thursday that it will buy 90 new regional jets from Brazil's Embraer S.A. and Canada's Bombardier Inc. and use them to replace smaller, less fuel-efficient planes.
The Food and Drug Administration panel voted 13-1 on Thursday in favor of the drug from Bristol-Myers Squibb and AstraZeneca, downplaying possible links to bladder cancer and liver toxicity. Concerns over those risks led the same group of experts to vote against the drug in 2011, followed by a formal rejection by the FDA in early 2012.
General Motors Co. got about $343 million for its 7 percent stake in French automaker PSA Peugeot Citroen. The Detroit company on Friday said that it completed the private placement sale of 24.8 million PSA shares for 250 million euros.
Ford Motor Co. says it will hire more than 11,000 people in the U.S. and Asia next year to support an aggressive rollout of new vehicles.Joe Hinrichs, Ford's president of the Americas, said the company plans to hire 5,000 workers in the U.S. — including 3,300 white-collar staff like engineers — and 6,000 workers in Asia.
Australian Prime Minister Tony Abbott on Thursday urged Toyota Motor Corp. to continue manufacturing cars in the country, a day after General Motors Co. announced it would follow Ford Motor Co. in ceasing production here due to high costs, market fragmentation and fierce competition.
Federal Communications Commission Chairman Thomas Wheeler told members of Congress that while his agency sees no technical reason to ban calls on planes, Department of Transportation Secretary Anthony Foxx told him Thursday morning that the DOT will be moving forward with its own restrictions.
The FDA approved Zohydro in October, making it the first single-ingredient hydrocodone drug available in the U.S. The extended release pill is reportedly five to 10 times more potent than currently available hydrocodone combination pills, like Vicodin.
New cars and trucks sold in the U.S. last year got an average of 23.6 miles per gallon (10 liters per 100 kilometers) in combined city and highway driving, a record that came mainly through improvements to engines and transmissions, according to the Environmental Protection Agency.
U.S. consumers ramped up spending in November on cars, appliances and furniture and made more purchases online, signaling growing confidence in the economy during the holiday shopping season.The Commerce Department said Thursday that retail sales rose 0.7 percent, the biggest gain in five months.
A Seoul court rejected Samsung's claim that iPhone and iPad models violated three of its patents, another setback for the South Korean electronics giant in a global battle with Apple over rights to technologies that power smartphones and tablets.
The number of people seeking U.S. unemployment benefits rose 68,000 last week to a seasonally adjusted 368,000, the largest increase in more than a year. The surge in first-time applications could be a troubling sign if it lasts. But it likely reflects the difficulty adjusting for delays after the Thanksgiving holiday.
Bond Air Services, operator of the Eurocopter EC135 Type 2 aircraft that crashed Nov. 29, says another EC135 in its fleet experienced "an indication defect" on Wednesday that requires further investigation, but offered no further explanation.
NASA is scrambling to figure out what's wrong with a key cooling unit on the International Space Station. On Wednesday, one of two identical cooling loops shut down. The system uses ammonia to dissipate heat from on-board equipment. One line was getting too cold. Engineers suspect a bad valve.
Investment in equipment and software is expected to grow 3.1 percent in 2014 as economic conditions solidify and business confidence continues to recover, according to the Annual 2014 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation. Equipment investment is expected to grow across most verticals.
California safety officials have issued $54,000 in fines against an elevator company whose employee was killed while working at the San Francisco 49ers' new stadium in Santa Clara. Mechanic Don White, 63, was killed June 11 by an elevator counterweight.
The Southern California-based maker of Sriracha has been told it can't ship any more of its popular hot sauce to food distributors until next month because the state Department of Public Health is enforcing stricter guidelines that require a 30-day hold on the product.
On the second day of talks between Boeing Commercial Airplanes officials and Machinists union leaders, the union said Wednesday it presented a preliminary proposal for a contract that would mean much of the work on the company's new 777X jet would be done in the Puget Sound region.