World's leading maker of breakfast cereals bought the United Bakers Group, a leading Russian maker of crackers, biscuits and breakfast cereals for an undisclosed price.
Finance Minister says Ford of Canada won't get direct financial help to reopen the engine plant because the government doesn't believe in targeted subsidies to specific firms.
Japan may introduce subsidies and tax breaks for buyers of passenger cars equipped with clean diesel engines as early as in fiscal 2009 in an attempt to cut greenhouse gas emissions.
The 8-foot, 8-inch micro car’s flagship dealership and corporate headquarters were opening Thursday in the Detroit suburb of Bloomfield Hills.
The problem for Airbus and Boeing isn't too few customers — it's getting planes off their production lines fast enough to meet demand.
Media reports, citing unidentified sources, claim Procter & Gamble Co. might spin off, instead of sell, its Folgers coffee business for tax reasons.
Higher costs for energy and food pushed U.S. inflation up even though prices generally remained tame outside of those two areas.
Iowa-based company blamed demise on the loss of key customers and the rising costs of raw materials such as resin.
Verdicts have been further delayed in the U.S.-EU dispute over government support for rival plane makers Boeing Co. and Airbus.
Dehydrated potato flake processing plant which employs about 125 people will close March 15.
Drugmaker closing Cima Labs Inc. in Eden Prairie, Minn. and moving manufacturing to a Salt Lake City facility.
Struggling Canadian automotive parts manufacturer has recently seen a steep decline in its contracts with major automakers.
Airbus said it trailed Boeing Co. in logging new orders last year by a total of 72 civilian jets, but beat its U.S. rival on deliveries.
Chip maker blamed the shortfall on lower-than-expected sales of NAND flash memory and microprocessor prices staying flat despite an acceleration in sales during the quarter.
Influential German state governor voiced anger over decision to shut a manufacturing plant, dismissing the argument that costs are too high.
Wholesale prices rose 6.3 percent in 2007, while retailers suffered their worst December shopping season in five years.
Conference Board confidence measurement slipped from 44 to 39 in the fourth quarter of 2007, with lower optimism and higher prices expected in the next six months.
European plane maker is expected to announce Wednesday that 2007 was a record year for passenger jet orders and deliveries, allowing it to steal the lead back from U.S. rival Boeing Co.
Conference Board forecasts growth will accelerate to 1.7 percent this year, despite recession worries and credit concerns.
End-of-month manufacturers’ and trade inventories totaled $1,436.7 billion, up 0.4 percent from October and up 3.5 percent from last November.
European trade unions called for a tax on imports from countries that refuse to fight the carbon emissions that cause global warming.
Economy saw solid growth last year, helped by strong exports, but a downbeat survey of investor confidence pointed to clouds on the horizon for Europe's biggest economy.
Pickup buyers will be the winners when new trucks go on sale this fall, but automakers could wind up the losers if heated competition in the all-important segment forces them to keep prices low.
At $365.66 million, U.S. technology consumption in November was down 9.3 percent from October, but up 5 percent from November 2006.
Company's energy investment business, buoyed by rising demand for alternative power, will increase its investment in renewable energy by 50 percent, to $6 billion by 2010.