More in The IndustryWeek U.S. 500

Chevron said the move was untenable, disputing the grounds of the ruling and alleging it was 'a product of bribery, fraud, and it is illegitimate.'...More

Ford said Thursday Alan Mulally will remain as president and chief executive through at least 2014, as Americas chief Mark Fields was promoted to chief operating officer, putting him in line to succeed Mullaly....More

"The reality is we are operating in a slow-growth environment in the near term," said CEO Andrew Liveris....More

U.S. computing giant Microsoft (IW 500/15) posted Thursday lower earnings and revenues for its fiscal first quarter, citing the slowdown in the personal computer market. Microsoft said net profit fell 21% from the year-ago quarter, to $4.5 billion, nevertheless topping Wall Street estimates. Earnings per share excluding exceptional items were 65 cents, well above the average estimate of 56 cents. Revenue fell 8% in the July-September period, to $16 billion, missing forecasts....More

CEO Otellini says Q3 results for semiconductor chip maker, down 14%, ‘reflected a continuing tough economic environment.’...More

The defense ministry reacted after a newspaper printed a satellite picture, downloaded with an iPhone 5, showing a top-secret long-range radar base in the northern county of Hsinchu....More

It is the second of four planned "innovation centers," including a recently-announced facility in Austin, Texas, that will employ 500 people....More

Eastman Kodak said Friday it would cut an extra 200 jobs and end sales of its consumer inkjet printers under its plan to emerge from bankruptcy protection....More

The looming fiscal cliff and weaker demand in Europe and China have driven U.S. business leaders to their gloomiest outlook in three years, a survey released Wednesday showed....More

The case is just one of many patent battles that technology companies have waged worldwide, but especially in Germany where patent protection laws are particularly strict....More

New iPhone is 20% lighter than previous version....More

PolyOne Corp. (IW 50/28) fought back from the Great Recession with a powerful mixture of lean manufacturing, innovation and specialized product offerings....More