Broadest measure of foreign trade, after setting records for five straight years, declined slightly in 2007 as stronger growth in U.S. exports offset a soaring foreign oil bill.
Collapse of a Wall Street institution shows the global financial crisis is broader than policy makers realized and it is growing worse, the head of the International Monetary Fund said.
Manufacturers started 2008 with a 1.3 percent sales increase in January, a modest but positive lift after closing out 2007 on a dismal note.
Ship Finance International has agreed to acquire two newly built chemical tankers for a combined $60.2 million.
Company expects its display division to make a profit in the first half of this year on improved performance from its money-losing plasma display panel business.
Trying to calm jitters about the economy, Bush conceded that the country 'obviously is going through a tough time' but expressed confidence about a rebound.
Big spending German car buyers helped European auto sales rise 8.7 percent in February from a year ago, the European carmakers association ACEA said.
Labor Department reported consumer prices were unchanged last month and better than the predicted 0.3 percent gain, but the relief was expected to be short-lived.
U.S. aircraft manufacturer may bid on an estimated $2.2 billion contract to provide military planes to Brazil's air force, the company said Thursday.
European leaders are demanding that the costly fight against climate change cannot come at the expense of their economies as they continue two days of talks on Friday.
Sinosteel launched a $1.1 billion takeover bid for iron ore miner Midwest in the first hostile approach by a Chinese company for an Australian one.
Toyota's president acknowledged rapid global growth was partly behind a surge in problems that has plagued the Japanese automaker in recent years.
Industry association commissioned a study on the impacts of proposed climate control legislation, and found potentially severe economic and social implications.
Bombardier confirmed Thursday that the Iraqi government has ordered six CRJ900 regional jets valued at $239 million, with an option for four more aircraft.
Spokeswoman for American Axle and Manufacturing Holdings Inc. says negotiators for the company and striking United Auto Workers are back at the bargaining table.
Commerce Department reported inventories held by businesses on shelves and backlots shot up in January by the largest amount in nearly two years.
German automaker aims to sell 8 million cars a year by 2011 and introduce 20 more models in a bid to expand its market share in Asia, Europe and North America.
New ozone standards will lead to higher costs and provide no real benefit to Americans, according to the National Association of Manufacturers.
Fedders won bankruptcy court approval to sell its U.S. residential heating, ventilating and air conditioning business to Elco Holdings Ltd. for $13.25 million.
Some estimates say a $995 million loss, but Toshiba is still evaluating how its decision to leave the HD DVD business will affect its earnings.
Automotive parts manufacturer signed five contracts with Japanese automakers in 2007 worth about $200 million annually.
European leaders try to soothe worries over their slowing economies by promising to contain record-high inflation and enact reforms in the labor market and banking system.
As shares of semiconductor makers slipped Wednesday, Asian chip makers share ''common anxiety'' over demand for the second half of the year.
Precision components and sub-assemblies supplier signed a manufacturing contract to produce critically needed armor kits for mine resistant ambush protected military vehicles.
Ontario won't slide into a recession, despite the expectation of additional manufacturing layoffs in the 'near future,' says the Conference Board of Canada.