US Ex-Im Bank Backs California Solar Panel Maker For Second Major Project In India And Creates US Jobs
Federal banking agency sees win-win in India's solar energy market.
Global Mining Sector Reeling From Idle Drills, Stalled Projects And Lower Spending In February, Industry Study Finds
The recent decline of the international mining industry's pipeline activity continues, and is down 43% since October.
Consumer Reports Study Finds That Japanese-Made Honda, Kawasaki, And Yamaha Motorcycles Require Fewer Repairs Than Germany's BMW And US-Made Harley Davidson
A new reliability survey shows what and how frequently things can go wrong with popular bikes.
Goldman Sachs Analysts Warn US Manufacturers That Performing Better Than Europe And Japan Is Nothing To Get Excited About
U.S. manufacturing looks good but only in comparison to manufacturing in other parts of the world, Goldman Sachs says.
New York Fed Chief Says Partisan Bickering Over Fiscal Policy Leaves Economy With No Long-Term Plan
N.Y. Federal Reserve head William Dudley points to Washington's partisan division as the reason for the Fed's asset purchases.
Best Buy Brings Back Former Chairman And Co-Founder Richard Shulze To Board As Company Struggles Against Amazon, Wal-Mart, Target
The once-mighty retail electronics superstore bring back Schulze and keeps the current company's CEO, Hubert July.
Analysts Warn Cyprus Bailout Will Have Serious Negative Implications For Euro Zone
Does the Cyprus deal mean that the ECB will seek to tax savings deposits if/when another euro zone country seeks financial assistance.
Blackstone Group And Carl Icahn Are Now Bidding For Control Of Computer Maker Dell
Bids from rival groups could make a deal for Dell all the sweeter for current shareholders in the coming week.
Cyprus Agrees To 20% Tax On Big Savers In Order To Secure European Bailout
New measures could see some Cypriots -- as well as Russian and other foreign depositors -- lose one-fifth of their bank savings.
Boeing Plans To Cut 800 787 Assembly-Line Jobs In Seattle Area Plus Hundreds More In South Carolina
Boeing expects job cuts and attrition will reduce its workforce by as much as 2,300 positions in 2013.
New Battery Made By Israel-Based Energy Startup Phinergy Can Power A Car For 1,000 Miles, Farther Than Typical Electric Cars
The privately held company, aiming to have an electric vehicle available by 2017, has landed a contract with the Renault-Nissan Alliance.
OECD Report Says China's Economy Will Overtake US Economy By 2016
The OECD says China is capable of averaging 8 percent annual growth during the current decade, after accounting for price differences.
US Truckers Considering Natural Gas Over Diesel Say Transition Costs Still Too High
Despite pressure from manufacturers and help from government, U.S. distributors are wary of adopting natural gas.
AstraZeneca Will Lay Off 5K Workers After Poor Sales Of Heart Drug Rivaling Plavix And Other Generics
AstraZeneca's CEO announced the drastic move -- a roughly 10% workforce reduction -- in a meeting with investors.
China's Wealthy Want The Luxury Minks And Other Furs Long Frowned Upon In Western Culture
U.S. mink farms grow as Chinese consumers' demand for fur coats sends pelt prices skyrocketing.
US PMI: March Data From Company Surveys Suggest Manufacturing Is Performing Steadily In US While Underperforming In The Euro Zone
The U.S. manufacturing sector is performing at the 54.9 level - a level that can be interpreted in many ways.
The US Manufacturing Sector Still Needs Its Global Presence And Reach To Remain Strong
New research shows that the U.S. manufacturing industry performs best with multiple production centers for several reasons.
Caterpillar's Sales Drop 13% In 3 Months And Q4 Profits Fall 55%, Mining Company Demand For Equipment Weakened
Results from the Asia-Pacific region were hit particularly hard - plunging 26%.
Volvo Truck Shipments Continue To Drop In Europe, Asia and North America But Jump In South America's Largest Economy, Brazil
Volvo's truck division cites uncertainties about Europe as part of the reason for weak February sales.
JPMorgan Chase's Rating Downgraded To 3 By Government Regulators Over Management Concerns
A confidential government scorecard issued a second markdown for the bank in less than a year.
European Companies Target Growing Population Of Affluent Consumers In Asia While Sourcing Labor From Asia's Poor Workers
Europe's luxury goods sales are expected to grow mostly due to purchases from emerging markets.
Freescale's New Electric System Innovations Significantly Reduce Total Weight Of Automobile Circuitry
The maker of vehicle electric systems has new devices that can lighten car weight by up to 20 pounds.
Nike To Implement New Systems From Bluesign Technologies That Give Suppliers Tools To Reduce Harmful Substances Used In Clothes And Shoes
Innovative tools will give Nike's suppliers access to worldwide standards data fast.
Dow Chemical Plans Multiple Chemical Plants On US Gulf Coast By 2017 With One In Partnership With Japanese Oil Company
These facilities will manufacture materials for fast growing markets such as transportation and telecom.
Major Corporations Pool Efforts To Hire Returning US Military Veterans
The goal of recruiters is to reduce the challenges that U.S. veterans face when reentering the civilian workforce.
New York State's Manufacturers Continue to Improve Modestly, According To Federal Reserve Of New York's Empire State Survey
However, unlike the sharply higher manufacturing data in the previous report, the March figures show little difference.
South China Manufacturers Expect Sharp Spike in Wages Due To New Policies And Regional Demand
Study finds that a mix of new policies and labor negotiations have boosted both worker output and demand.
European Employment Rates Dropping Fast
Although there are signs of growth in some countries, in general, the continent’s weaker economies are dragging down their neighbors.
FAA Approves Dreamliner Fixes, But Boeing's Timeline Unclear Regarding 787's Return To Air
Air carriers are still in the dark regarding how Boeing's 787 out-of-service delay will affect their schedules.
US Manufacturing Workweek Reaches Highs Similar To Levels Seen During WWII
U.S. factory workers clocked more production hours in February than they have in years.