Obama: Congress Needs to Focus on Job Creation
Obama pushes Washington lawmakers to focus on job creation during a trip to Baltimore to visit a manufacturer of pumping and digging equipment.
Manufacturing
GM Shares Top Level Not Seen Since 2011
Shares of General Motors reached an important milestone on Friday, topping their initial public offering price of $33 for the first time in more than two years.
Economy Shrugging off Spring Slowdown, Reports Suggest
U.S. consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects.
U.S. Factory Output Sees Broad Decline in April
U.S. factories cut back sharply on production in April, as auto companies cranked out fewer cars and most other industries reduced output.
Business Inventories Flat in March; Sales Down Sharply
U.S. business inventories were unchanged in March for a second straight month, while business sales fell the most since June.
Obama Presses Middle-Class Jobs Agenda in Texas
President Obama resurrected his jobs proposals Thursday, advancing modest initiatives as he pushed for action on more ambitious efforts that face resistance from Republicans.
Toyota's Comeback Gains Momentum
Toyota's quarterly profit more than doubled in its latest quarter as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback.
Subaru to Expand Indiana Factory, Add 900 Jobs
Subaru said Wednesday it is investing $400 million to expand its Indiana factory and will add 900 workers to build the Impreza small car there in 2016.
U.S. Factory Orders Fell Sharply in March
Orders to U.S. factories fell in March by the largest amount in seven months but a key category that signals business investment plans managed a small increase.
GM Profit Hit by Lower North American Earnings
General Motors' net income fell 14 percent to $865 million in the first quarter, weighed down by losses in Europe and weaker earnings in North America.
Ford Adding 2,000 Workers at Missouri Truck Plant
Ford says it's adding 2,000 workers to a plant in Missouri that makes the F-150 pickup because of surging U.S. truck demand.
April Factory Activity Weakest in 6 Months as Orders Fall
Manufacturing growth pulled back to its slowest pace in six months in April as new orders and employment cooled, the latest signal the economy has hit a soft spot.
Collapsed Building Owner's Property to be Seized
A top court in Bangladesh asked the government Tuesday to "immediately" confiscate the property of the owner of a building that collapsed last week.
Honda's Quarterly Profit Picks Up Despite Losses in China
Honda's fiscal fourth quarter profit rose nearly 6 percent as the Japanese automaker's recovery from floods in Thailand the previous year offset recent sales losses in China.
Durable Goods Orders Plunge in March as Factories Slow
Orders for long-lasting U.S. factory goods fell in March by the most in seven months, reflecting little growth in orders that signal future business investment.