BP is leading an industry-wide push to develop technology that can retrieve oil from formations that are so deep under the sea floor, and under such high pressure and temperature, that conventional equipment would melt or be crushed by the conditions.
Governor Nathan Deal has announced that flooring manufacturing company Mohawk Industries is...
State agriculture officials say about 1,450 pounds of possibly contaminated beef and pork...
One enterprising car buyer just bought a Tesla Model S Performance using the digital Bitcoins, an open-source currency that uses cryptography to secure and anonymize transactions between parties, from the Lamborghini Newport Beach dealership.
The eco-friendly building rating system known as LEED has been around for more than a decade, powering a green arms race in cities across the nation. It's an industry force, certifying thousands of buildings and providing a marketing tool, tax breaks and other incentives to builders eager to cash in on the sustainability craze.
Gail Wise didn't know she was getting anything special when she drove away from a Chicago Ford dealership in the spring of 1964 in the first Mustang ever sold. Wise paid $3,347 for the car, happy to have a convertible. It wasn't until she was on the road, with other drivers honking and flagging her down, that she realized what she had.
U.S. factories received fewer orders in October, as aircraft demand fell and businesses cut back on computers. The decline suggests companies were hesitant to invest during the 16-day partial government shutdown.Factory orders dropped 0.9 percent in October, the Commerce Department said Thursday.
Norman noted that the energy revolution has resulted in lower natural gas prices, an easing in the upward pressure on the global price of crude oil, a reduced trade deficit, a competitive advantage for industries using natural gas, and increased demand for manufactured products.
The U.S. economy grew at a 3.6 percent annual rate from July through September, the fastest since early 2012. But nearly half the growth came from a buildup in business stockpiles, a trend that could reverse in the current quarter and hold back growth.The Commerce Department's second estimate of third-quarter growth released Thursday was sharply higher than the initial 2.8 percent rate reported last month.
The Fit sold 26,235 units, up 181.5 percent from a year earlier, with its hybrid model with a fuel economy of 36.4 kilometers per liter drawing robust demand, according to the Japan Automobile Dealers Association and the Japan Mini Vehicles Association.
A report from the U.S. Food and Drug Administration says the Idaho Department of Agriculture spotted moldy yogurt during a routine inspection at a Chobani facility in Twin Falls two months before the company issued a voluntary recall.
Germany's Merck KGaA has announced plans to buy AZ Electronic Materials, which supplies high-tech materials for the electronics industry, for about 1.6 billion pounds ($2.6 billion).Pharmaceutical and high-tech materials company Merck said Thursday that it will offer 403.5 pence ($6.61) in cash per AZ share.
The solar panel installer SolarCity is beginning to address one of solar power's big drawbacks: The sun doesn't always shine. The solution: big battery packs that will provide backup power while lowering electric bills. The supplier: electric car maker Tesla Motors, whose CEO Elon Musk is also the chairman of SolarCity.
The number of Americans applying for unemployment benefits tumbled 23,000 last week to 298,000, nearly a six-year low that shows companies are laying off fewer workers. The Labor Department said the less volatile four-week moving average declined 10,750 to 322,250.
GM said Thursday that Chevrolet will no longer have a "mainstream presence" in Europe and said the decision was "largely due to a challenging business model and the difficult economic situation" on the continent. GM has continued to lose money in Europe even as its performance elsewhere improves.
Obama says the plan to use renewables for 20 percent of electricity needs will help reduce pollution that causes global warming, promote American energy independence and boost domestic energy sources such as solar and wind power that provide thousands of jobs.
Under the civil penalty, Advanced Sterilization Products, a unit of J&J's Ethicon business, will pay $1.2 million to settle allegations that it made and sold "adulterated and misbranded" sterilization monitoring products, the FDA said. Two company executives will pay an additional $30,000 and $20,000, respectively.
A report issued by the Pharmaceutical Research and Manufacturers of America says more than 3,400 clinical trials of new medicines have been conducted in Alabama since 1999. Universities, hospitals and research institutions in Birmingham, Muscle Shoals, Huntsville, Mobile and Dothan worked on many of those trials.
Venucia is a leader in the latest twist in the world's biggest auto market: Chinese brands created by global automakers with local partners to sell foreign cachet at lower prices. The trend started with government pressure on global automakers to help create Chinese brands. But some are trying to turn that into a commercial advantage.
China has given Renault and a local partner approval to launch a $1.3 billion auto manufacturing joint venture, the French brand's first in the world's biggest vehicle market. Renault SA, maker of the Clio and Megane hatchbacks, is one of the last major auto brands without its own manufacturing in China.
A Federal Reserve survey shows the U.S. economy held steady during the 16-day partial government shutdown, growing moderately in most regions from October through late November.The Fed says seven of its 12 banking districts described growth as moderate.
President Barack Obama turned his focus Wednesday to the pocketbook issues that Americans consistently rank as a top concern, arguing that the dream of upward economic mobility is breaking down and the growing income gap is a "defining challenge of our time."
A truck carrying an extremely dangerous radioactive substance has been stolen in central Mexico, the U.N. nuclear agency said Wednesday.The International Atomic Energy Agency said the truck was carrying cobalt-60, used for radiotherapy treatment to combat cancer.