General Motors Co recognizes that its pension deficit represents a risk to the company that management is hoping to take off the table for investors, Vice Chairman Steve Girsky said on Wednesday.
Saab had to halt production in April because its suppliers stopped making deliveries after they were not getting paid.
Defying expectations, the U.S. service sector expanded at a slightly faster pace in August -- but remains too weak to help a sluggish economy that's not creating enough jobs.
With more than a million unemployed construction workers across the nation, President Barack Obama on Monday said he intends to spend to rebuild America's infrastructure and boost hiring, which will be key components of a plan he is working on to stimulate the U.S. economy.
President Barack Obama previewed proposals on Monday for new infrastructure spending and an extension of payroll tax cuts as part of a major jobs package he will unveil this week, and challenged Republicans to find common ground with him.
The true unemployment figure in the city might be as high as an astounding 50 percent.
General Motors Co and the United Auto Workers union are discussing buyouts for higher-wage, skilled trade workers as contract talks between the union and all three Detroit automakers intensify, people familiar with negotiations said.
EchoStar and Hughes had originally entered into a $26-billion merger agreement in October 2001.
It's the automotive world’s version of the popular Tall, Grande and Venti sizes of coffee cups at Starbucks.
General Motors Co said on Thursday that its U.S. sales rose 18 percent in August.
General Motors and LG Group will jointly design and engineer future electric vehicles.
“In My Time” hits bookstores on Aug. 30.
NASA's human-like 300-pound robot, Robonaut 2 or R2, which reached the International Space Station six months ago to act as an astronaut's assistant, has been powered up for the first time.
The astronauts at the International Space Station have got a new company, a humanoid robot, which was activated on Monday, six months after it got delivered to the space station.
General Motors European unit Opel is considering taking on a partner in the field of fuel-saving hybrid powertrains in order to share development costs as the brand rolls out more gasoline-electric cars.
Motorsports a valuable laboratory for the Chevrolet Cruze nameplate..
The Cadillac Converj Concept, a luxury coupe with extended-range electric vehicle technology, is moving forward as a production car that will be called the Cadillac ELR.
Toyota and Ford will work together to develop hybrid trucks and SUVs that will be ready for market by the end of the decade, the two automakers said Monday.
NASA has activated Robonaut 2, a humanoid robot that may eventually be used as a helper to astronauts in the International Space Station.
Sales of the Chevrolet Suburban in the Middle East and North Africa have increased by 34 percent in the first seven months of 2011 compared to the same period in 2010.
The Cadillac Converj Concept, a luxury coupe with extended-range electric vehicle technology, is moving forward as a production car that will be called the Cadillac ELR.
General Motors Co (GM.N) is seeking to dismiss a lawsuit over a suspension problem on more than 400,000 Chevrolet Impalas from the 2007 and 2008 model years, saying it should not be responsible for repairs because the flaw predated its bankruptcy.