Statistics Canada reported 61,300 workers lost their jobs in March, far worse than the 55,000 job losses economists had been expecting.
Labor Department said Thursday the tally of initial jobless claims fell to a seasonally adjusted 654,000, down from a revised 674,000 in the previous week.
Following three months of rapid declines, Canada reported a trade surplus of $126 million -- up from a deficit of $1.2 billion in January.
Trade Minister said Canada is studying the possibility of supporting U.S. automakers operating in the country with ‘repayable loans.’
Machinery orders, an indicator of how much companies plan to spend, rose in February for the first time in five months, growing 1.4 percent to $7.3 billion.
Boise, Idaho-based company decided against an alliance with the newly formed Taiwan Memory Co. because it feared it could erode its technological superiority.
Japanese Prime Minister aims to boost domestic demand by at least $400 billion within three years and add between 1.4 million and 2 million new jobs.
Industrial production fell 2.9 percent in February, just short of economists' expectations of a 3 percent slide, preliminary government figures showed.
Five companies and the United Steelworkers union filed complaints alleging unfair competition from Chinese imports they say have flooded the domestic market.
White House scolded Chrysler for relying too much on gas guzzlers, yet the only new product the company unveiled at the New York auto show is a redesigned Jeep Grand Cherokee.
Chief executive of General Electric Co. thinks President Barack Obama's economic-stimulus efforts will pay off eventually in fighting the recession.
Automaker said Wednesday the government's May 1 deadline for it to complete a deal with Fiat is ‘ample time’ to reach a definitive agreement that is key to Chrysler’s survival.
Commerce Department says wholesale inventories dropped 1.5 percent in February, the steepest amount since January 1992 and more than double analysts' expectations.
Department says General Motors Corp. and Chrysler LLC have launched financing support programs for auto suppliers backed by $5 billion in government funds.
Japan is considering adopting an incentive to encourage car purchases similar to the ‘cash for clunkers’ program debated in U.S. Congress, a Japanese newspaper reports.
Federal Statistical Office said exports fell 23.1 percent to $86.3 billion in February, while imports fell 16.4 percent to $74.2 billion.
Defense Secretary plans to try again this summer to pick a defense contractor to build a badly needed replacement for the Air Force's 50-year-old fleet of aerial refueling planes.
German government to expand funding for a car-scrapping bonus that has given auto sales a powerful boost, more than tripling the amount of money originally set aside for the plan.
Canadian government providing an additional $565 million to help to the country's auto industry and to people who buy cars from GM or Chrysler while they restructure.
New law taking effect next week will permit the state to issue put to $5 million in bonds to firms manufacturing equipment for solar and wind energy production.
British-based sugar and sweeteners company Tate & Lyle revealed that a U.S. court ruled against its bid to ban imports of certain Chinese sweeteners to the United States.
Food and Drug Administration said state and federal inspectors discovered the bacteria in 'critical areas' at Setton Pistachio of Terra Bella, Inc.
Manufacturers' output fell 0.9 percent, the 12th consecutive monthly decline, although the pace of the drop was the slowest in half a year, the government said.
Robert Gates on Monday outlined deep cuts to many of the military's biggest weapons programs, including the F-22 fighter jet.