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Manufacturers See Better Times For Economy And Jobs

April 24, 2014 2:30 pm | by Jonathan Fahey, AP Business Writer | News | Comments

Big companies are finally starting to spend money, and that could mean a better economy and more jobs are on the way.                              

Buffett Calls Coca-Cola's Pay Plan 'Excessive'

April 24, 2014 2:24 pm | by Candice Choi and Josh Funk, AP Business Writers | News | Comments

Buffett has long been a critic of excessive executive compensation. Berkshire Hathaway does not...

3M Plans $18.7M Expansion In Missouri

April 24, 2014 2:16 pm | News | Comments

Plant manager Todd Cantrell said Wednesday the expansion will make the site the largest 3M plant...

Wrenching In The Cloud

April 24, 2014 12:44 pm | by Ranga Bodla, Senior Director, Industry Marketing, NetSuite | Articles | Comments

Several factors have been instrumental in driving innovation at MountzPro, launched in 2011. One...

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Management, Safety Cited For N.M. Radiation Release

April 24, 2014 12:13 pm | by Jeri Clausing, Associated Press | News | Comments

Poor management, an eroding safety culture, ineffective maintenance and a lack of proper oversight are being blamed for a radiation release that contaminated 21 workers and shuttered the federal government's nuclear waste dump.     

China Opening 8 State Industries For Investment

April 24, 2014 11:51 am | by Joe McDonald, AP Business Writer | News | Comments

China's government says it will open 80 projects in eight state-run industries to private and foreign investors as part of efforts to make its slowing economy more productive.               

Auto Parts Maker Paying $19.9M Fine In Price-Fixing Case

April 24, 2014 10:44 am | News | Comments

Federal officials allege Showa Corp., based in Japan, had agreed to rig bids and fix prices for some powered steering assemblies sold to Honda Motor Co. and some of its subsidiaries.                    

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Feds Propose First Regulations For E-Cigarettes

April 24, 2014 10:23 am | by Michael Felberbaum, AP Tobacco Writer | News | Comments

The U.S. government wants to ban sales of electronic cigarettes to minors and require approval for new products and health warning labels under regulations being proposed by the federal Food and Drug Administration.         

Chiquita Wants Court To Toss Terror Payments Case

April 24, 2014 8:49 am | by Curt Anderson, AP Legal Affairs Writer | News | Comments

Produce giant Chiquita Brands International is asking a federal appeals court to toss out lawsuits filed against it in the U.S. by thousands of Colombians whose relatives were killed in a bloody civil war.            

Durable Goods Orders Up 2.6 Pct. In March

April 24, 2014 8:47 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Orders to U.S. factories for long-lasting manufactured goods posted a solid gain for the second straight month in March. A key category that signals business investment plans increased at the fastest pace in four months.       

Alstom Shares Jump Amid Rumors Of GE Buyout

April 24, 2014 8:37 am | News | Comments

Shares in French train and equipment manufacturer Alstom have spiked on reports that General Electric Co. is considering making a bid for the company.                   

2-Week Truce For Hot Sauce Maker And California City

April 24, 2014 8:23 am | News | Comments

A cooling-off period has been called in the fight between the makers of a popular hot sauce and the Southern California city that says its air is too spicy to bear.                 

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Tesla Expanding In California

April 24, 2014 8:10 am | News | Comments

The company has leased a 430,000-square-foot building in Lathrop, a community on Interstate 5 about 75 miles east of San Francisco. Tesla has not said what it plans to do with the space.               

A Year After Factory Collapse, Bangladeshis Suffer

April 24, 2014 8:07 am | by Julhas Alam, Associated Press | News | Comments

One year after the Rana Plaza garment factory collapsed in a pile of concrete slabs and twisted metal, Bangladeshi seamstress Shefali says she would rather starve to death than return to factory work.            

Wyoming Town Evacuated After Gas Explosion

April 24, 2014 8:00 am | News | Comments

Residents and emergency crews were waiting for a fire to burn itself out after an explosion at a natural gas processing plant in a small town in southwestern Wyoming.                

GM Profit Sinks But CEO Sees No Recall Hit To Sales

April 24, 2014 7:49 am | by Dee-Ann Durbin and Tom Krisher, AP Auto Writers | News | Comments

GM had a net profit of $125 million, the company's worst quarterly performance since it posted a net loss after leaving bankruptcy protection in 2009.                   

Does It Matter If We Beat The Recall Record?

April 23, 2014 5:21 pm | by Tia Nowack, Associate Editor, IMPO | Blogs | Comments

Just one quarter of the way through 2014, we’ve already topped 9 million vehicles recalled in the U.S. And the numbers keep rising.                     

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Honeywell Aerospace Expanding In Puerto Rico

April 23, 2014 2:15 pm | News | Comments

Gov. Alejandro Garcia Padilla says the Arizona-based aerospace industry company is opening a second plant that will begin operations in April 2016. He said Wednesday that 310 jobs will be created.            

Textron Cutting 750 Cessna, Beechcraft Jobs

April 23, 2014 12:15 pm | News | Comments

Just over a month after buying Beechcraft for $1.4 billion, Textron announced 750 job cuts at that company and at its Cessna division.                      

Labor Department Cuts Coal Dust Levels

April 23, 2014 12:05 pm | by Frederic J. Frommer, Associated Press | News | Comments

The Obama administration said Wednesday it is cutting the amount of coal dust allowed in coal mines in an effort to help reduce black lung disease.                  

Skechers Sprints To Multi-Year Highs After Boston Marathon

April 23, 2014 11:43 am | News | Comments

Skechers is trading near four-year highs during a banner week in which the winner of the Boston Marathon crossed the finish line wearing its shoes and a day later, it blew away Wall Street's expectations for the first quarter.     

Survey: China Manufacturing Continues To Shrink

April 23, 2014 9:34 am | News | Comments

Factory activity in China shrank for the fourth straight month in April, though the decline was slightly slower, a survey said, in a possible sign the slowdown in the world's No. 2 economy is stabilizing.           

Motorola Mobility Opens Chicago Headquarters

April 23, 2014 8:47 am | News | Comments

Smartphone maker Motorola Mobility has moved its headquarters and 2,000 employees to Chicago's Merchandise Mart.                        

Faster Production Brings Boeing $965M Profit

April 23, 2014 8:19 am | by Scott Mayerowitz, AP Airlines Writer | News | Comments

In the first three months of this year, 161 new airplanes rolled off the company's assembly lines. That increased rate — in part — helped Boeing post a $965 million profit in the first quarter.           

EPA Scales Back Biofuel Mandate

April 23, 2014 7:56 am | by Dina Cappiello, Associated Press | News | Comments

The Obama administration is significantly reducing the amount of cellulosic biofuels refiners will have to prove they blended into gasoline last year, acknowledging that the market lagged far behind government projections.     

GM, Lawyers Fighting Over Bankruptcy Protections

April 23, 2014 7:52 am | by Tom Krisher and Dee-Ann Durbin, AP Auto Writers | News | Comments

Lawyers who are suing GM say it shouldn't get the usual benefits of bankruptcy protection because it concealed a deadly ignition switch problem when the court was making bankruptcy decisions.              

Toyota Sells 2.58M Vehicles, Keeps Top Spot

April 23, 2014 7:49 am | by Yuri Kageyama, AP Business Writer | News | Comments

Toyota said it sold a record 2.583 million vehicles in the January-March period, putting the Japanese automaker ahead of GM at 2.42 million and Volkswagen at 2.4 million.                 

What To Look For When Considering Mexico

April 22, 2014 3:37 pm | by Doug Donahue, Vice President, Entrada Group | Articles | Comments

For companies whose processes are labor-intensive, cost reduction is often paramount, and the Bajio delivers.                               

GM Restructuring Engineering After Recall

April 22, 2014 12:52 pm | by Dee-Ann Durbin, AP Auto Writer | News | Comments

General Motors is adding 35 product safety investigators as part of a larger restructuring in response to a series of safety recalls.                     

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