U.S. employers added 165,000 jobs in April, and hiring was much stronger in the previous two months than the government first estimated. The job increases helped reduce the unemployment rate from 7.6 percent to a four-year low of 7.5 percent.
The Supreme People's Court said Friday that the guidelines will list as crimes specific acts such as the sale of food excessively laced with chemicals or made from animals that have died from disease or unknown causes. China's penal code, which forbids unsafe and poisonous food, does not specify what acts are considered in violation of the law.
Teva Pharmaceuticals Industries Ltd. says it will close an eastern Pennsylvania plant that employs nearly 500 people. Teva told shareholders Thursday that its plant in Sellersville, Bucks County, will cease operations in 2017. The plant has 472 employees.
The South Korean company said Friday the Galaxy S4 smartphone has become the first Android device to meet the security requirements set out by the U.S. government, allowing government and military officials to access the Defense Department's networks with the S4.
Bangladesh's finance minister downplayed the impact of last week's factory-building collapse, saying he didn't think it was "really serious" Friday, hours after the 500th body was pulled from the debris. The government appears to be attempting to fend off accusations that it is in part to blame for the tragedy because of weak oversight of the building's construction.
The U.S. economy has been expanding wildly for two centuries. Are we witnessing the end of growth? Economist Robert Gordon lays out 4 reasons U.S. growth may be slowing, detailing factors like epidemic debt and growing inequality, which could move the U.S. into a period of stasis we can't innovate our way out of.
Willie J. Holley III and Lakishka Raybon, employees of the watchmaker Shinola, share their pride in creating watches by hand. Heath Carr, CEO of Bedrock Manufacturing, explains why it is important to be in Detroit, a city with a rich manufacturing history.
CNET senior editor Scott Stein speaks to "CBS This Morning" about wearable smartphones, and how this new technology will change the industry. Stein talks about the evolution of the technology and what consumers should expect when the category offerings expands.
The collapsed building in Bangladesh which killed nearly 400 people was home to several garment companies producing inexpensive clothing. A number of Western labels and retailers used the factories once housed in the building and are now pushing to include building integrity in selecting factories.
Technological growth has been principally responsible for the development of new industries, products and processes that have created better paying jobs, cheaper goods and a higher standard of living for society. Where would our economy be without information technology, advanced manufacturing and biotechnology?
By implementing a Product Lifecycle Management (PLM) system, companies both large and small, benefit by simplifying and shortening each phase of the product development process. However, deciding whether or not to adopt PLM software has been a challenge for smaller organizations due to a reputation of PLM being difficult to implement.
GM CEO Dan Akerson tells Fortune that the second generation of the Chevy Volt will be cheaper to make and profitable. Looking to the future, GM hopes to have a half million cars on the road with some form of electrification by 2017.
Around 40 executives of Sony Corp. and its group companies in charge of the mainstay electronics business have decided to give up their bonuses for fiscal 2012 ending March, taking responsibility for poor business performance, company officials said Wednesday.
A Chinese company whose mantra is Build Your Dreams plans to build all-electric buses in California's Mojave Desert. Lancaster Mayor R. Rex Parris and officials of BYD Automotive scheduled a news conference Wednesday to announce plans to open the first Chinese-owned vehicle manufacturing plant in the United States in the wind-swept high-desert city 60 miles northeast of Los Angeles.
With a large chunk of Europe on holiday, financial markets were lead-footed Wednesday ahead of a policy statement from the Federal Reserve. A soft private payrolls report from ADP raised concerns over the state of the U.S. economy but reinforced market expectations that the Fed will persevere with its super-easy and cheap monetary policy for a bit longer than had been anticipated.