Orders placed with U.S. manufacturers rose 1.4 percent in March -- an improvement from the 0.9 percent dip reported in February and the 2.3 percent drop in January.
World’s largest steelmaker sold off part of its stake in steel company China Oriental to two European banks to comply with Hong Kong stock exchange rules.
President Bush said Friday the slow growth of the economy is 'not good enough for America,' but new rebate checks will inject some life soon.
Company is raising the spot market prices for carbon steel products by $75 per ton for all new orders, effective immediately.
Wisconsin-based maker of thermal management systems and components has sold a subsidiary for $13.25 million.
Maker of Dairy Milk chocolate, Trident gum and Halls cough drops made its debut as an independent confectionery company on Friday after spinning off its U.S. drinks arm.
EU regulators have charged Bridgestone and Trelleborg AB with breaking antitrust rules -- a move that can lead to large fines -- the companies said Friday.
Federal bankruptcy judge has approved financing that allows struggling auto parts maker to keep operating through Aug. 31.
Employers cut fewer jobs in April than in recent months and the unemployment rate dropped to 5 percent, but nonetheless still revealed strains in the nation's crucial labor market.
Chief Executive Richard Wagoner says global warming is not going to be solved with $100,000 electric cars, and his company is focusing on a vehicle more consumers can afford.
Food exports to Japan, a key market, dropped 30 percent in February, hurt by a scare over poisoned Chinese-made dumplings.
Striking workers at American Axle said they have been told the union and the auto parts supplier are close to a deal that could end a two-month strike.
Stearns Incorporated says it will close its Grey Eagle manufacturing plant and cut manufacturing jobs in Sauk Rapids, Minnesota.
Struggling commercial printer announced plans Thursday to shed hundreds of jobs as part of its ongoing three-year restructuring.
GM and Ford saw double-digit U.S. sales declines but Toyota's sales rose 3 percent in April as high gas prices accelerated consumers' rush away from trucks and sport utility vehicles.
Sector’s recession continues, with both new orders and production declining, though the weak dollar provides hope in the form of export orders.
Company completed the sale of two composite manufacturing plants in Battice, Belgium and Birkeland, Norway to Platinum Equity for $242 Million.
Maker of air pollution reduction products and filtration equipment announced it has completed its acquisition of privately owned Nitram Energy for $65 million in cash.
Consumer spending rose at a faster pace than expected, although virtually all of the gain occurred because of big increases in the price of energy and other products.
Division of electric utility and manufacturer Otter Tail Corp. plans to build a $121 million wind energy facility in North Dakota by the end of the year.
Automaker struggled to a first-quarter loss, due in part to a weak U.S. market, a strike at a major parts supplier and plummeting sales of sport utility vehicles and pickups.
Federal Reserve cut a key interest rate by a quarter-point Wednesday, a smaller move than the aggressive easing it undertook earlier this year.
Company says it is reorganizing, setting up new emerging markets unit to reach growing areas, while consolidating its North American operations.
Esmark Inc. says it has accepted a buyout offer valued at about $669 million from India's Essar Steel Holdings.