News
California Sues EPA For Tougher Emissions Rules
November 8, 2007 9:00 am | by Samantha Young, Associated Press Writer | CommentsState wants the federal government to OK imposition of greenhouse gas emissions standards for cars; 11 other states ready to follow suit.
House Passes U.S.-Peru Trade Pact
November 8, 2007 6:30 am | CommentsNational Association of Manufacturers supports bill that aims to even trade between the two countries; Peruvian goods enter the U.S. duty-free while U.S. goods to Peru have a tariff.
Bernanke: Economy To See 'Noticeable' Slowdown
November 8, 2007 6:18 am | CommentsFederal Reserve Chairman says growth of the U.S. economy would slow in the October-December quarter and remain sluggish during the January-March quarter.
Cummins Rehires Laid-Off Workers
November 8, 2007 6:13 am | CommentsAbout 100 temporary workers were laid off last month because Cummins' production of the 6.7-liter Dodge Ram diesel engine was temporarily stopped.
Japan's Machinery Orders Fall In September
November 8, 2007 5:36 am | CommentsGovernment report of a 7.6 percent drop — the second straight monthly decline — suggests a slowdown in corporate investment that may indicate slower economic growth.
Japanese Brewer Buying Australian Dairy Producer
November 8, 2007 5:31 am | CommentsKirin aiming to diversify revenue sources amid slower growth in Japan's food and beverage sector with $2.6 billion acquisition of National Foods.
Daimler Takes Majority Stake In Fuel Cell Company
November 8, 2007 5:24 am | Comments50.1 percent stake in Canadian think tank Automotive Fuel Cell Cooperation will further help Daimler's large-scale production of fuel cell cars.
German Train Strike Targets Freight Services
November 8, 2007 5:22 am | CommentsThe union representing German train drivers, GDL, launched a 42-hour strike against Deutsche Bahn national railway in an effort to secure a pay raise.
BMW's October Global Sales Rise
November 8, 2007 5:15 am | CommentsWorld's biggest manufacturer of luxury cars says sales reached 123,304 units, up 13.2 percent compared with last year.
Tele Atlas Endorses TomTom Bid Over Garmin's
November 8, 2007 4:57 am | CommentsDigital mapmaker says bid 'is more favorable to Tele Atlas, its shareholders and other stakeholders'; some investors believe TomTom rival Garvin will rebid.
Delays Hurt EADS 3Q Earnings
November 8, 2007 4:55 am | by Emma Vandore, AP Business Writer | CommentsAirbus parent blames third-quarter losses on the slump in the U.S. dollar and delays with its A400M military transport aircraft.
Jobless Claims Drop Despite Wildfires' Effect
November 8, 2007 4:43 am | by Martin Crutsinger, AP Economics Writer | CommentsThe blazes in California upped the state's claims by 3,000, but the national rate is down by 13,000 this week — the lowest rate in a month.
China Threatens WTO's Manufacturing Compromise
November 8, 2007 4:41 am | by Bradley S. Klapper, Associated Press Writer | CommentsBeijing says it deserves a longer grace period for cutting tariffs and opening up its manufacturing markets than the two years proposed.
Magna Workers First To OK 'Framework Of Fairness'
November 8, 2007 4:34 am | CommentsLandmark Magna-CAW agreement includes a skilled trades program, layoff and job security protections, a women's advocate, paid education leave and inter-plant transfer language.
Toys Tested For 'Date Rape Chemical'
November 8, 2007 4:32 am | by Dikky Sinn, Associated Press Writer | CommentsAt least five children — two in the U.S. and three in Australia — have been hospitalized after swallowing toy beads containing a chemical that morphs into a 'date rape drug' when ingested.
HP Seeking OEM For Cameras
November 8, 2007 4:27 am | CommentsHewlett-Packard Co. looking for original equipment manufacturer to design and distribute HP cameras as it shifts resources to focus on home photo printing and online photo services.
Union Resumes Labor Talks With Pratt & Whitney
November 8, 2007 4:21 am | CommentsInternational Association of Machinists and Aerospace Workers union wants wage increases, a signing bonus and higher pension benefits from the jet engine maker.
Retail Sales Sluggish In October
November 8, 2007 4:17 am | by Anne D'Innocenzio, AP Business Writer | CommentsOutlook for holiday shopping season looking bleak due to consumers' ongoing worries about the housing slump and higher energy prices.
Bush Outlines Import Safety Plans
November 7, 2007 6:59 am | by Andrew Bridges, Associated Press Writer | CommentsPresident unveils two broad initiatives designed to improve the safety of the $2 trillion in food, toys and other consumer goods imported each year.
Barker Co. Expanding Iowa Operations
November 7, 2007 6:09 am | CommentsRefrigerated and heated cooling grocery displays maker to spend $7 million to renovate and equip a Centerville, Iowa, plant that initially will employ about 100 workers.
