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GM Expects Record 2014 Sales in China
GM Expects Record 2014 Sales in China
"We're on track to surpass three million sales for the second consecutive year. We're certainly expected to top last year's record of 3.16 million vehicles," said Matthew Tsien, president of GM.
Italy Finmeccanica Sues US over Airbus Helicopter Deal
Italy Finmeccanica Sues US over Airbus Helicopter Deal
The Army's announcement on September 4 that it would purchase only EC-145 helicopters, made exclusively by Airbus, violates laws and "is arbitrary and capricious and an abuse of discretion," the Finmeccanica, said.
Hyundai Workers Strike as Land Deal Fuels Wage Row
Hyundai Workers Strike as Land Deal Fuels Wage Row
The partial strike -- the second in a month -- came amid stalled negotiations over whether regular bonuses should be considered part of the basic wage that is used to calculate rates for overtime, holiday shifts and pensions.
Saab to Lay Off One Third of Staff
Saab to Lay Off One Third of Staff 1
The company said that if negotiations with new investors succeeded, it would be able to resume production with the remaining 350 employees.
SpaceX Cargo Arrives at International Space Station Complete with 3-D Printer
SpaceX Cargo Arrives at International Space Station Complete with 3-D Printer
The 3D printer is the first of its kind to demonstrate how the technology can be used in space, even without gravity to assist the process.
Business Blasts Treasury Move Against Tax Inversions
The Business Roundtable, an association of chief executives of leading companies, said inversions are "a symptom of a U.S. corporate tax system that is outdated (and) uncompetitive."
Philips Lighting
Electronics Giant Philips to Split in Historic Move
The move could herald the sale of Philips lighting -- the business started by Philips in 1891.
US Changes Tax Code to Keep Companies From Moving Offshore
US Changes Tax Code to Keep Companies From Moving Offshore
The surge in inversions, more than $200 billion worth this year according to the Wall Street Journal, had given rise to a scare over possible job losses, loss of U.S. control of technologies, and, in particular, an erosion of the U.S. tax base.
GM Raises Ignition-Switch Death Toll to 21
GM Raises Ignition-Switch Death Toll to 21
General Motors raises the death toll linked to its faulty ignition switches to 21 as compensation claims mount following its delayed vehicle safety recall.
Google Chairman Eric Schmidt
Google Chief Urges Europe to Free up Hi-Tech Risk Takers
'If regulatory barriers are removed, start-ups could directly access half a billion European consumers, a market that's larger than the U.S., where technology companies have the ability to achieve scale before they expand internationally,' the Google Chairman said.
iphone 6 release
Record iPhone Weekend Sales Top 10 Million
Techies from New York to Tokyo endured long lines outside Apple stores last weekend to bring home the latest, biggest iPhones yet.
coal power plant
Ditching Coal a Massive Step to Climate Goal
The world's nations have been arguing for more than two decades over how to share the burden of cutting carbon emissions.
Merck’s Purchase of Sigma-Aldrich Creates Dominant Company
Merck’s Purchase of Sigma-Aldrich Creates Dominant Company
The combined company will support the delivery of more than 300,000 products.
Nissan Going after China’s Luxury Market
Nissan Going after China's Luxury Market
China is the most important growth market for Infiniti. The brand sold more than 18,000 vehicles in the country in the first eight months of this year, just over double the sales of the same period in 2013.
oil drilling
Siemens to Buy Oil Equipment Maker Dresser-Rand for $7.6 Billion
Siemens beats out competitors in a bid for Dresser-Rand's booming shale oil and gas business.
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