The United States' commercial ties with Cuba were broken 54 years ago after Fidel Castro took over. Now U.S.-Cuba trade is poised to resume: President Barack Obama on Wednesday announced plans to re-establish diplomat relations with Havana, and economic ties are expected to follow.
Drugmaker Merck says it's bought a Swiss biotech company developing cancer drugs as part of its...
The world's largest direct seller of cosmetics, Avon Products Inc., will pay $135 million to...
Manufacturing in the Philadelphia region grew at a much slower pace in December compared with the previous month. But the drop came after factory activity reached its highest level in 21 years in November.
Kraft Foods Group Inc. says that CEO Tony Vernon plans to retire later this month. The company named Chairman John Cahill as his successor.
New York plans to prohibit hydraulic fracturing, or fracking, citing unresolved health issues and dubious economic benefits of the widely used gas-drilling technique and delighting opponents who previously managed to win only local bans.
Ford says it's expanding a recall for faulty driver's side air bag inflators to the entire U.S. as demanded by the government.
Toyota has announced that it is planning another expansion of its Southeast Michigan R&D campuses.
Job gains and business investment are the two lead drivers keeping manufacturing on a solid growth path, according to the MAPI Foundation's U.S. Industrial Outlook, a quarterly report that analyzes 27 major industries.
North America’s manufacturing sector is on an upward trajectory. However, a shortage of young talent, compounded by Baby Boomers’ negative perceptions about Millennials, could impact its continued expansion, according to ThomasNet’s latest Industry Market Barometer (IMB) research.
BlackBerry is returning to its roots with a new phone that features a traditional keyboard at a time when rival Apple and Android phones — and most smartphone customers — have embraced touch screens.
Plunging gasoline costs pulled U.S. consumer prices lower in November, muting inflation across the entire economy.
Royal Philips NV said Wednesday it has agreed to acquire U.S. medical equipment maker Volcano Corp. for $1.2 billion (around 1 billion euros) in a deal that would beef up its presence in technology which allows doctors to see inside patients' hearts and veins during treatment.
A federal judge refused to dismiss a lawsuit by a Seattle artist who says she was cheated out of millions of dollars when the company that sold her line of plush pet toys called "Angry Birds" reached a deal with the Finnish company that makes the insanely popular video game of the same name.
American Apparel has fired founder Dov Charney and named longtime fashion executive Paula Schneider to be its next CEO.
Apple has halted online sales of its iPhones, iPads and other products in Russia amid financial turmoil triggered by the steep decline in the country's currency.
A federal jury decided Tuesday that Apple didn't compete unfairly when it sold music players and songs with copy-protection software that was incompatible with rival devices and music from competing online stores.
The Manufacturers’ Center for Legal Action filed an amicus brief to overturn a U.S. district judge’s ruling that the government can use a search warrant issued under the Stored Communications Act to gain access to e-mail accounts controlled and maintained by Microsoft Corporation.
Ford has hired a former General Motors chief industry analyst to manage data collection and use it to help predict the future.
The automaker said Tuesday that the name change follows the naming convention of its parent company.
Archer Daniels Midland says it has agreed to sell its global cocoa business to Olam International for $1.3 billion.
New data from the U.S. audit, tax and advisory firm KPMG LLP, show the increased use of cloud technology by global business to better connect with their employees and customers.