Nissan has agreed to pay some customers up to $800 each to settle claims that certain vehicles had faulty brakes.
Oil giant BP has warned that plans to streamline its business will cost it $1 billion over the next year.
General Motors Co.'s Opel unit says it will take full control of two auto parts distribution centers in Germany that are currently operated by a joint-venture company in which Opel holds a 20 percent stake.
Belden Inc., a global leader in signal transmission solutions for mission-critical applications, has announced it has signed a definitive agreement to acquire Tripwire for $710 million in cash.
PTC, a Founding Member of the Real World Design Challenge (RWDC) competition, has announced that team Next Level from South Burlington, Vermont has won the 2013-2014 National Finals Competition.
The Imaging Source, an international manufacturer of machine vision cameras, has just announced the immediately availability of new USB 3.0 industrial cameras with a resolution of 10 MP.
High demand for electrical power is putting strain on the grid and leaving us at risk of blackouts, but new technologies such as smart grids and microgrids offer promise for the future.
Cory Johnson discusses how Tesla CEO Elon Musk is disrupting utilities.
Manufacturing solutions provider and systems integrator Optimation Technology is bringing new and innovative elements to its historic Rochester location, similar to the former tenant of its current facility — Kodak.
In an unusual legal twist, a federal judge decided Monday that a billion-dollar, class-action lawsuit over Apple's iPods should continue, even though she also disqualified the last remaining plaintiff named in a case that has been on trial since last week.
The medical device maker Stryker will pay about $80 million to end a federal investigation into its acquisition of a company that the U.S. said was marketing a product that hadn't been approved by regulators.
The United Auto Workers on Monday qualified for the top tier of a new labor policy at the Volkswagen plant in Tennessee, giving the union its first formal role within a foreign-owned auto plant in the South.
Hyundai is recalling nearly 43,000 luxury cars in the U.S. because the brake lights can fail to illuminate.
Merck remains committed to its $8.4 billion acquisition of Cubist Pharmaceuticals even though a federal court invalidated most of the patents protecting the company's top-selling antibiotic just hours after that deal was announced Monday.
Stockpiles held by wholesale businesses rose in October, while sales posted a smaller gain.
Nissan is recalling about 470,000 cars and SUVs worldwide to fix a problem that can cause fuel leaks.
American Airlines says it will spend more than $2 billion to make its planes more pleasant for passengers, the latest salvo in a competition among carriers to attract high-paying frequent fliers.
October U.S. manufacturing technology orders totaled $417.80 million according to AMT – The Association For Manufacturing Technology.
Zebra Technologies Corporation, has released survey results that uncovered the vast majority of business decision makers understand and are in the process of deploying the Internet of Things (IoT) as part of their business strategy.
Many companies continue to operate with dedicated inventories by channel, usually leading to higher than necessary total inventory levels and/or lost sales in some channels when channel inventories are depleted.