Car makers and dealers are urging the federal government to spend $350 million to get people to scrap old clunkers and buy new vehicles.
Prosecutors say industrial conglomerate Siemens spent over $80 million illegally in Greece to win a contract with state owned telephone operators OTE.
European Commission says Volvo planning to use $708 million from European Investment Bank for its $2.7 billion project to develop fuel-efficient low-emissions vehicles.
U.S. Circuit Court of Appeals is to hear arguments Friday on whether Chrysler can sell the bulk of its assets to a group led by Italy's Fiat.
Germany's economy will shrink by 6.2 percent this year and stagnate in 2010, the country's central bank said Friday.
Talks on joining the World Trade Organization could conclude by end of 2009, potentially paving the way for official entry next year, Russian economy minister said.
Dealers slated to lose their franchises took the stand Thursday in Chrysler’s bankruptcy protection case, questioning how they were chosen for termination.
Democratic Sen. Tim Johnson says he will vote to bring the Employee Free Choice Act to the Senate floor for debate.
Labor Department says the number of people on the unemployment insurance rolls fell slightly for the first time in 20 weeks, while the tally of new claims also dipped.
Continued bans on U.S. pork imports have baffled government and industry officials, and some speculate the issue is more about market share than health concerns.
Ex-head of Siemens’ Greek branch appeared Thursday before a magistrate investigating alleged corruption in a case that has dominated political debate.
Judge overseeing Chrysler's bankruptcy case said that automaker has a good case for termination of 789 of its dealer franchises as part of its ongoing restructuring.
Labor Department said productivity rose at a seasonally adjusted annual rate of 1.6 percent in first quarter, double the government's estimate last month.
Group of Republicans wants to give Congress veto power over the expenditure of any bailout money by the government to buy a stake in a company.
GM and Chrysler defended their decisions to slash dealerships around the country, calling the moves unavoidable despite the pain to many loyal dealers and customers.
Federal appeals court late Tuesday halted Chrysler's sale of the bulk of its assets to Italy's Fiat pending an appeal by a trio of Indiana state pension and construction funds.
Commerce Department says factory orders rose 0.7 percent in April, the second increase in three months and further evidence that manufacturers may be recovering.
Beijing investigating imports of U.S. and Russian steel under anti-dumping rules amid a rise in Chinese imports of the metal.
Labor Department said jobless rates rose in U.S. metropolitan areas for a fourth month in April, with Indiana's Elkhart-Goshen leading the pack at 17.8 percent.
Navy was justified in 1991 when it opted to cancel $4 billion contract with McDonnell Douglas and General Dynamics to build a stealth aircraft, U.S. appeals court ruled.
An Oklahoma congressman believes jobs in his district will continue to be threatened unless existing trade rules are used to stem Chinese tire imports into the United States.
Food and Drug Administration has expanded offices around the world and heightened contacts with counterpart agencies in order to improve product safety for Americans at home.
Food and Drug Administration is reviewing its conclusion from last year that a much-debated chemical used in baby bottles and food containers is safe for infants.
Top execs will face tough questions from lawmakers who say dealership closings will put thousands of people out of work and offer few savings to GM or Chrysler.
Termination covers a $712 million contract that was awarded to Boeing in 2006 when the Air Force first selected it to build the new combat search and rescue helicopter.