U.S. wholesalers increased their stockpiles in September for the third straight month, an indication that they expect more demand from businesses and consumers.The Labor Department says wholesale stockpiles rose a seasonally adjusted 0.4 percent.
A top Volkswagen labor official said Thursday that a pending decision about union representation for workers at the automaker's lone U.S. plant will have no bearing on whether the company will decide to add the production of another SUV vehicle there or make it in Mexico.
Boeing Co. leaders have reached out to Utah Gov. Gary Herbert about the state's interest in bringing the production line of 777X airplanes to the state. Michael Sullivan, a spokesman for the Governor's Office of Economic Development, says Herbert received the call Thursday afternoon and has begun preliminary discussions with Boeing leaders.
Target, Kohl's and home-shopping network QVC are among a half dozen retailers opening technology test labs in the San Francisco area to do things like improve their websites and create mobile shopping apps. They're setting up shop in modern spaces and competing for top Silicon Valley talent to replicate the creativity, culture and nimbleness of online startups.
U.S. factories increased production for a third straight month in October, as stronger output of primary metals and furniture offset declines in auto production.Manufacturing output rose 0.3 percent last month, up from 0.1 percent in September, the Federal Reserve reported Friday.
The group unveiled a report from a Mississippi State University professor on Wednesday that says Nissan Motor Co.'s Canton plant has created 16,000 jobs in surrounding areas since it opened in 2003. The report estimates that Nissan contributes $2.5 billion to the state's yearly economic output, which is about $100 billion overall.
Kimberly-Clark Corp., which makes Kleenex tissues and Huggies diapers, said on Thursday that it plans to spin off its health care business into a separate publicly traded company. Kimberly-Clark's stock jumped 5 percent in after-hours trading following the announcement Thursday.
The fire started early Thursday afternoon at Chemical Technology Inc.'s offices and warehouse on the city's east side and sent up huge plumes of thick smoke that were seen miles away. Fire officials quickly labeled it a hazardous materials situation.
The San Francisco Bay Area Tesla factory where three workers were burned by hot metal was previously cited for a safety violation that led to an injury, a state official said Thursday. The California Division of Occupational Safety and Health fined Tesla $2,700 last year for a serious violation at the Fremont factory that was uncovered during an accident investigation.
The new target approved by the Cabinet on Friday calls for reducing emissions by 3.8 percent from their 2005 level by 2020. The revision was necessary because the earlier goal of a 25 percent reduction from the 1990 level was unrealistic, the chief government spokesman, Yoshihide Suga, told reporters in Tokyo.
H.J. Heinz Co. is closing three plants in North America and cutting 1,350 jobs in an effort to operate more efficiently. The food maker said Thursday that it will close facilities in two states and Canada over the next six to eight months.
September U.S. cutting tool consumption totaled $156 million, according to the U.S. Cutting Tool Institute and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was down 3.8 percent from August’s total and down 3.1 percent from September 2012.
Toyota plans to pull its Camry production line from the Subaru factory in central Indiana after the contract between the companies ends in 2016.The 3,600-worker factory near Lafayette has been building the Camry midsize car for Toyota since 2007.
Across-the-board spending cuts by the federal government have helped trim U.S. budget deficits. Budget negotiators in Congress are holding talks centered on find ways to cut spending and tax breaks to replace the automatic cuts that started earlier this year that are slamming the Pentagon and domestic agencies.
The Indianapolis company said Thursday it will spend $350 million to expand its insulin cartridge manufacturing in China, another $120 million for a similar improvement in France and $245 million to boost manufacturing capacity in Puerto Rico and Indianapolis.
Earlier this month the struggling smartphone company announced that it abandoned its bid to sell itself. Fairfax Financial, BlackBerry's largest shareholder with a 10 percent stake, decided not to buy the rest of BlackBerry and take it private. Instead, Fairfax and other investors said that they would inject $1 billion as part of a revised investment proposal.
Despite warnings that production of Boeing's next generation 777 plane could go to another state, machinists in the Northwest voted late Wednesday to reject a contract proposal that would have exchanged concessions for decades of secure jobs. In response, the Boeing Co. said it would begin a bid process to find a home for its 777X production line.
The opening of a Swiss-owned chocolate factory northwest of Tokyo is a small but sweet milestone in Prime Minister Shinzo Abe's crusade to lure foreign investment to Japan after decades of keeping local industries protected from outside competition.
One employee was seriously hurt and two other sustained minor injuries when the low-pressure press spilled hot metal shortly before noon, said Greg Siggins, a spokesman for the California Occupational Safety and Health Adminstration. "Hot metal somehow burned the workers," said Siggins, who added that there was no fire inside the plant.
Sealed Air President and CEO Jerome Peribere said in a statement Wednesday that the business "no longer presents a strategic fit for us." He added that the company will still make packaging products for the medical and pharmaceutical industry.
Recently, smart marketers from other industries such as restaurants, suppliers and consumer brands have started embracing personalizing interactions for their customers. These marketers are incorporating the fundamentals used in retail today to increase engagement and revenue.
Government health system spokesman Rosendo Gaytan says a 30-year-old employee of the factory Dulces Blueberry in Ciudad Juarez died Tuesday at a hospital in Guadalajara, where he was transferred to be treated for third-degree burns.
The provision at issue at the Supreme Court protects people who expose the kind of corporate misdeeds that arose at Enron. But there is a dispute over whether the protection covers only employees of publicly traded companies or also applies to contractors hired by the companies.
An arbitrator has concluded that Starbucks must pay $2.76 billion to settle a dispute with Kraft over coffee distribution. The two consumer products companies had been locked in a fight for three years after Starbucks Corp. fired Kraft as its distributor of packaged coffee to grocery chains.
The two-billion-dollar manufacturing complex in Aguascalientes, central Mexico, is capable of assembling 175,000 cars annually. It will initially produce Sentra compact sedans, which are to be shipped to over 20 markets globally.