The world’s largest chipmaker turned on the lights Tuesday at its first chip plant in China. Intel co-founder Andy Grove, who recently called for keeping tech jobs in the U.S., might not be so proud.
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Ford Motor (F) plans to spend $850 million during the next three years to improve and expand plants in Michigan that will result in in 1,200 new full-time jobs, the automaker said Monday.
The capital improvements are part of the company’s plan to upgr…
The Thomson Reuters/University of Michigan survey found that consumer sentiment slipped to 67.9 in October from 68.2 in September, as Americans continued to be reluctant about purchasing decisions amid uncertain income gains.
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Vehicle sales have been less than stellar in recent months, disappointing some analysts. But the industry is gradually improving in a broad trend that is benefiting nearly all automakers — including the Big Three, which have r…
Initial jobless claims unexpectedly rose 13,000 to 462,000, but continuing claims plunged another 112,000 to 4.4 million, the Labor Department announced Thursday. Some of the decline in continuing claims comes from people who have exhausted their benef…