With the worst of the global financial crisis behind them, CEOs are ready to move on from the fight for survival their businesses have been in for the past few years, a survey found Tuesday.
A former Halliburton manager apologized to his family and friends Tuesday before a federal judge sentenced him to one year of probation for destroying evidence in the aftermath of BP's massive 2010 oil spill in the Gulf of Mexico.
Chipmaker Texas Instruments Inc. said Tuesday that it will cut 1,100 jobs worldwide, about 3 percent of its workforce, to trim costs and will reduce its investments in certain markets.
Although many global manufacturers may have a limited view of contract manufacturing, seeing it as a safety valve to handle the pressures of excess demand, some manufacturing leaders are outperforming their peers and making contract manufacturing a core part of their long-term strategy.
Eleven of the smallest cars sold in America performed very badly in crash tests conducted by the Insurance Institute for Highway Safety. Only the Chevrolet Spark received a score of "acceptable."
In an updated outlook, the global lending organization forecasts that the world economy will grow 3.7 percent in 2014 and that the U.S. economy will grow 2.8 percent. The global forecast is 0.1 percentage point higher and the U.S. forecast 0.2 point higher than in the IMF's October forecast.
Activist investor Nelson Peltz is no longer pushing for a deal between PepsiCo and Mondelez, after Mondelez on Tuesday named him to its board. Mondelez, which makes Oreo and Chips Ahoy cookies, says the appointment expands its board to 12 members and that Peltz will be among its nominees for election at its shareholders meeting.
Brazil is launching Latin America's first government-run auto crash test center in what experts say is an important step forward for car safety in a country where inferior production standards mean motorists die at far higher rates than in the U.S.
Amazon may soon be implementing "anticipatory shipping" where it ships products closer to its customers before purchase.
Hedge fund Third Point LLC said Tuesday that it has acquired a significant stake in Dow Chemical and wants the company to spin off its petrochemicals division. Dow Chemical Co. shares jumped $2.25, or 5.2 percent, to $45.32 in morning trading after rising as high as $46.70 earlier. The stock has been trading around six-year highs.
The National Newspaper Publishers Association and National Association of Black Owned Broadcasters argued that the ads should be disseminated through their outlets because the black community has been disproportionally targeted by tobacco companies and harmed by smoking.
The Montreal-based company told employees Tuesday that the cuts are required due to delays in the launch of new planes and tough market conditions. Bombardier Inc. says it needs to preserve cash.
The Italian carmaker Fiat says its acquisition of the final Chrysler stake is complete, making the U.S. car company a wholly-owned subsidiary of Fiat.
FLEXcon began its lean manufacturing program in 2003 and has since achieved a 90 percent improvement in on-time deliveries, 20 percent reduction in waste and a 35 percent increase in total productivity. Dollar savings are more than 10 times what was invested to roll the practice out and educate and train 1,000 employees.
Why do we collect and analyze data? I believe that answering this question is critically important each and every time we step into a data analysis exercise. I say that because if we don’t keep our purpose foremost in mind while we are analyzing data, we stand a good chance of interpreting information that may not be real.
Will drivers become obsolete? The self-driving vehicle is picking up speed from the drawing board and will soon be coming to a road near you. Barry Petersen reports on the technologies making autonomous autos a reality and takes us on a road test.
The European Union says it is suspending a part of the free trade negotiations with the United States to hold a three months-long public consultation amid worries about the deal's proposed rules for investment.
Chinese police seized almost 60,000 suspects involved in intellectual property infringement cases with a total estimated value of 173 billion yuan ($28 billion) in 2013, state media reported Tuesday.
French President Francois Hollande is telling top companies that they have to promise to hire more workers and invest more if they want to benefit from a promised cut in payroll taxes.
West Virginia Gov. Earl Ray Tomblin and U.S. Sen. Joe Manchin on Monday proposed tighter regulations for chemical storage facilities after a spill contaminated the water supply for 300,000 people.