Dresser-Rand's board of directors unanimously recommended the offer to shareholders, and Siemens expects to close the deal by summer, according to a statement from the company.
Apple's new and bigger iPhone 6 and iPhone 6 Plus are more durable than last year's model and a leading Android phone, a study says.
German drug company Merck says it has agreed to buy St. Louis-based chemical firm Sigma-Aldrich Corp. for $17 billion in a deal Merck says will strengthen its business in chemicals and laboratory equipment.
Clorox is shutting down all operations in Venezuela, citing restrictions by the government, supply disruptions and economic uncertainty.
Workers at a Lear Corp. plant in northwestern Indiana that makes automotive seats approved an agreement Sunday that will end a two-tiered pay system that left some workers earning much less than others.
Police say eight workers at a Caterpillar plant in Texas are accused of stealing more at least $160,000 in parts from the company.
Jurors are scheduled to continue working toward a verdict in the trial of a Georgia peanut plant owner charged in a salmonella outbreak that sickened hundreds five years ago.
San Francisco’s Municipal Transportation Agency has awarded Siemens a contract to deliver an initial 175 light rail cars for its Muni transit system at a value of $648 million.
Drug maker GlaxoSmithKline was fined $492 million on Friday for bribing doctors in China in the biggest such penalty ever imposed by a Chinese court.
St. Louis-based Nestle Purina PetCare Co. is expanding its lawsuit against Blue Buffalo Co. to include additional allegations of false advertising.
Competition is heating up among Japanese and U.S. manufacturers to invent and refine autonomous car technologies that reduce the human driver's role in controlling the vehicle with the steering wheel and the brake.
Apple has tightened its technological security so not even the company can pry into a password-protected iPhone or iPad, a move meant to reassure the millions of people who are increasingly storing vital pieces of their lives on the devices.
General Motors will begin building a new, top-end Cadillac sedan late next year at its Detroit-Hamtramck assembly plant.
For business travelers going to foreign lands, the old “Don’t leave home without it” slogan should be brought back with one slight change: “Leave home without it.”
Ford's fully redesigned pony car delivers asphalt cooking performance.
Today's Engineering Newswire looks at growing fully functional parts, redesigning the rickshaw, and using a holometer to determine whether or not we live in a hologram.
U.S. Senators Chris Coons (D-Del.) and Kelly Ayotte (R-N.H.) introduced bipartisan legislation Thursday to help cities and states build 21st century manufacturing training programs.
Amazon.com founder Jeff Bezos plans to build a rocket engine that would eventually replace the Russian mainstay used in many American unmanned launches.
Thor Industries is planning expansion projects at two recreational vehicle factories in northern Indiana.
Oracle co-founder Larry Ellison is stepping aside as CEO after 37 years at the helm of the business software maker, ending a colorful reign marked by his flamboyant behavior and outlandish wealth amassed while building one of the world's best-known technology companies.