While there’s no one-size-fits all approach to costing, manufacturers should take a close look at their current method to ensure it generates data that enables management to drive the business forward.
A new report says every state saw job losses due to a growing U.S. trade deficit with Japan, and warns Congress should not approve a proposed trade agreement without protections against Japanese currency manipulation.
West Coast seaports could shut down in as soon as five days — hobbling U.S. trade with Asia — if dockworkers and their employers cannot reach a new contract, the head of a maritime association warned Wednesday in remarks intended to pressure an agreement after nine months of negotiations.
U.S. worker productivity went into reverse in the final three months of the year, while labor costs increased.
Motorcycle maker Harley-Davidson Inc. says Matt Levatich will become the company's president and CEO on May 1.
South Korean electronics giant Samsung Electronics Co. has started domestic sales of high-end televisions powered by its Tizen operating system and plans to add washing machines, fridges and other appliances to the range of products that use the software.
Declaring the Internet critical for the nation, a top U.S. regulator on Wednesday proposed an unprecedented expansion of federal power to ensure providers don't block or slow web traffic for America's countless users.
This weekend was General Motors' deadline to submit claims for compensation from auto-related deaths and injuries. Ken Feinberg, the man in charge of the compensation fund, discusses how families reacted to the offers extended by GM.
The official car of elastic waistbands and white sneakers is attempting to be cool again. Buick unveiled two new cars at the Detroit Auto Show and they're helping to redesign the brand.
In 2008, General Motors conducted internal training for its engineers on how to document product risks, including bans of the words ‘defect’ and ‘problem’. Well-intended or a shameful legal dodge, the training skirted around the problem instead of attacking it head-on.
The Obama administration's budget proposal unveiled this week calls for seven new national manufacturing innovation hubs, along with funding to build toward a national network of 45 such sites.
Health advocates and environmental groups are urging federal officials to adopt stricter limits on ozone, while an industry group argued taking that step would needlessly hamper manufacturing.
Ford Motor Co. is moving several hundred U.S. hourly workers into a higher pay bracket after surpassing a cap on the number of lower-wage workers it can hire.
J. M. Smucker Co. wants to feed the entire family — including the pets.
If it weren't for the recalls, 2014 would have been a stellar year for General Motors.
Mercedes-Benz USA CEO Steve Cannon says the company's corporate headquarters will be located in suburban Atlanta.
The Chinese maker of a drone that a hobbyist crashed at the White House says it is taking steps to ensure that cannot happen again.
U.S. companies hired at a solid pace last month, a private survey found, the latest sign of steady improvement in the job market.
With low interest rates and cheaper gasoline to motivate them, and no polar vortex to keep them home, consumers went car-shopping in a big way in January.
Economic activity in the manufacturing sector expanded in January for the 20th consecutive month, and the overall economy grew for the 68th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.