Talks between Delphi and members of President Obama's automotive task force continue in hopes of reaching a deal on a plan to lift the auto supplier out of bankruptcy.
Federal government is making $50 million in federal funds available for green energy job training in communities hurt by layoffs in the auto industry.
Attorney for Delphi says talks with members of President Obama's automotive task force continue in hopes of reaching a deal to lift the auto supplier out of bankruptcy protection.
General Motors will ultimately choose Opel's investor, but Berlin will decide whether and how to lend state support to the selected bidder.
Initial claims for jobless benefits fell to a seasonally adjusted 631,000, down from a revised figure of 643,000 the previous week.
European Union has barred U.S. wineries from exporting any wines with labels that include any of a dozen traditional words or phrases to describe the wine or name the winery.
Lawmakers voted Wednesday to bring new discipline to a Pentagon weapons acquisition system that too often goes off target with exploding costs and lengthy delays.
Company said it won a patent dispute over small-format semiconductor packaging products against rivals Motorola, Qualcomm, Freescale Semiconductor and Spansion.
Automaker plans to lay off 992 workers at its Belvidere assembly plant in northern Illinois and convert the plant to a one-shift operation.
General counsel for the world's No. 1 computer microprocessor maker says fighting the European Union’s record $1.45 billion antitrust fine will be an ‘uphill battle.’
At least three bids were submitted Wednesday from suitors interested in acquiring or taking a stake in GM's ailing unit Adam Opel GmbH, a GM Europe spokesman said.
Bankruptcy judge ruled Wednesday Chrysler can use $4.96 billion in government loans to keep operating and create a bridge to the sale of its most valuable assets to Fiat.
Rate of decline in the leading indicators' five-month average slowed to 1.1 percent in April from 1.5 percent in March.
Japan's economy contracted by 15.2 percent annual pace in first quarter, its sharpest drop on record, but economists are optimistic that a recovery is near.
Automaker does not expect to reach agreement on concessions with the United Auto Workers union or the Treasury Department on its debt-for-equity exchange before May 26 deadline.
Higher mileage and emissions standards set by the Obama administration mean U.S. cars and trucks will have to become smaller, lighter and more efficient by 2016.
Toyota and Honda praised President Obama's rules to push green vehicles and transform U.S. auto industry -- a shift likely to put Japan's manufacturers at an advantage.
Lawmakers quickly agreed Tuesday on legislation to tighten controls over how the U.S. Defense Department buys and develops weapons systems.
Government incentives in Europe and Japan to buy green vehicles gradually lifting sales at Japan's automakers, offering a bit of relief to the battered industry.
State lawmakers asking federal energy secretary for a sizable share of grants spurring the manufacturing of advanced batteries, electric motors and electronics.
President to announce first-ever national emissions limits for cars and trucks, and require a 35.5 miles per gallon standard.
Analyst said he expects the proposal to lead to a greater product shift toward cars from light trucks, reducing the average vehicle part content and margin.
Industrial output in Japan rose a seasonally adjusted 1.6 percent in March from the previous month, the first growth in six months.
Justice Department accused one of the nation's biggest drugmakers of cheating Medicaid programs out of hundreds of millions of dollars by overcharging for a stomach acid drug.
Consumer activist Ralph Nader called on Congress to hold hearings into dealership and factory closures at General Motors and Chrysler before ‘irreversible measures’ are taken.