GM North America President said about 1,600 workers will lose their jobs in the next few days as the troubled automaker accelerates cost cuts to qualify for more government aid.
European Union says that almost 60 percent of all dangerous products seized by its product safety authorities last year came from China.
Union representing government inspectors says Canadian Food Inspection Agency is cutting its operational budget to build a contingency fund for emergencies.
Workers for the U.S. manufacturer considering government-brokered deal meant to end a standoff over layoffs that have prompted employees to take their bosses hostage.
General Motors CEO said the automaker is working on two parallel plans: one that involves bankruptcy and one that doesn't.
Consumer Product Safety Commission plans to delay enforcement of a new anti-lead law that has kept all-terrain vehicles and dirt bikes designed for children off showroom floors.
Aluminum maker is seeking a court order against Glencore International to prevent the Swiss commodities producer from halting alumina deliveries to its southeast Ohio plant.
Agency concluded Friday greenhouse gases linked to climate change ‘endanger public health and welfare,’ setting the stage for regulating them under federal clean air laws.
Quebec government offered the newsprint maker a loan guarantee of up to $100 million in an attempt to save jobs after the debt-laden company filed for bankruptcy.
Airbus' parent company said it would bid with partner Northrop Grumman for a $35 billion U.S. Air Force contract even if it had to share it with archrival Boeing.
Officials are looking to enrich Kentucky's bid for a share of federal stimulus money to fund a high-tech car battery plant.
Automaker says the U.S. government and Fiat will appoint a new board of directors if Chrysler joins forces with the Italian company.
Prime Minister said Friday he sees 'timid and modest' signs of recovery in the global economy, which is suffering one of its sharpest downturns in decades.
Economic officials have delayed action on a request by Deere & Co. to repay 25 percent of $7.1 million in tax credits for a $44 million expansion in Davenport.
Environmental Protection Agency said it is investigating environmental and other alleged federal crimes at TreatCo, one of the nation's largest suppliers of natural dog treats.
In a monthly report, the Economy Ministry indicated that German exports continued to fall in the January-March quarter.
Trade deficit in the 16 countries that share the euro currency narrowed to $2.6 billion in February, according to the European Union's statistics agency.
Union placed concession talks with GM on the back burner as it tries to reach a deal with Chrysler before an April 30 government deadline.
Chrysler must slash labor costs to a level competitive with non-unionized plants, and must go beyond concessions met in a recent GM Canada deal, says federal Industry Minister.
Worst might be over for China's economy even as growth in the first quarter slumped to its lowest rate in more than a decade.
Industry Minister says the $145 million program aimed at helping Canada’s beleaguered auto sector will jump start development of higher tech, more environmentally friendly cars.
Indian government approved the sale of fraud-tainted Satyam Computer Services Ltd. to Tech Mahindra on Thursday.
Airbus and other European aerospace companies called on European Union governments to boost funding for new aircraft in order to keep pace with U.S. rivals like Boeing.
Once the infrastructure to support it is in place, the government plans to offer cash incentives to encourage motorists to switch to electric cars, officials said Thursday.
Initial claims dropped a seasonally adjusted 610,000 from a revised 663,000 the previous week -- significantly below analysts' expectations of 655,000 and the lowest level since January.