For decades, Detroit paid its bills by borrowing money while struggling to provide the most basic of services for its residents. The city, which was about to default on a good chunk of a long-term debt exceeding $18 billion, will now get a second chance in a federal bankruptcy court-led restructuring.
Tesla shares surged Tuesday after the company disclosed that a German investigation into recent fires involving its Model S sedan found no manufacturer-related defects.
The U.S. House of Representatives voted Tuesday to renew a 25-year-old prohibition against firearms that can evade metal detectors and X-ray machines just as 3-D printers are increasingly able to produce plastic weapons.
Genetic testing company 23andMe is facing a class action lawsuit alleging that the Silicon Valley startup misled customers with advertising for its personalized DNA test kit.
Led by sales growth for towable RVs and pricier stand-alone motor homes, recreational vehicle makers expect to ship more than 300,000 units to dealers this year for the first time since the economic downturn.
A long-anticipated $200 million ethanol plant that will turn grasses grown on North Carolina hog farms into motor fuel will go ahead, Gov. Pat McCrory's office said Monday.
The revelation that a New York City commuter train derailed while barreling into a sharp curve at nearly three times the speed limit is fueling questions about whether automated crash-avoidance technology could have prevented the carnage.
Potash Corp. is cutting more than 1,000 jobs, about 18 percent of its workforce, because of slumping demand for potash and phosphate, two key fertilizer ingredients.
Chicago Mayor Rahm Emanuel has launched a new offensive against petroleum coke that's been piling up on the city's far southeast side.
Missouri's bid for a Boeing assembly plant could include more than $1.7 billion of incentives over two decades if the airplane manufacturer adds thousands of jobs, according to new information about the proposal released Tuesday.
Routine, structured tasks such as monitoring equipment or production processes are becoming increasingly automated. This creates the potential not just to optimize existing production and service delivery models but to transform them.
Food safety is seen as the single most important issue among manufacturers, and the demands to document information relating to food sourcing, material flow, traceability and more present an ongoing challenge.
Take a look at drones being used for delivery after Amazon's big announcement about Prime Air.
A new $75 million highly automated turkey processing plant in southwestern Indiana is set to start operations next week.
Volkswagen turns off some employees' email 30 minutes after their shifts end. Goldman Sachs is urging junior staff to take weekends off. BMW is planning new rules that will keep workers from being contacted after hours. This surge in corporate beneficence isn't an indication that employers are becoming kinder and gentler: It's about the bottom line.
Black Friday deals and the long Thanksgiving weekend lured buyers into U.S. automobile showrooms, and analysts say the surge should boost November sales above a strong month last year.
Congress is racing toward renewing a 25-year-old prohibition against firearms that can evade metal detectors and X-ray machines, just days before the ban expires. But with 3-D printers increasingly able to produce plastic weapons, many Democrats, gun control advocates and law enforcement officials say the restrictions must be tightened.
One lawsuit alleges the plant operators "illegally, recklessly or negligently" dumped hazardous substances outside the boundaries of the property. The lawsuit also said contamination spread through at least a 5-mile radius around the facility, exposing people to increased risk of cancers, kidney failure and damage to the central nervous system.
NCR makes ATMs and other hardware and software to handle payments. It says the deal will expand its capabilities in banking, allowing it to offer a single platform that retail banks and other financial institutions can use for all kinds of services, and payment and transaction types.
Dow Chemical is looking to spin off or sell about 40 manufacturing plants from its business as it continues to move away from cyclical commodity products.