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The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. The number is likely to go higher.
ZF Friedrichshafen AG is buying TRW Automotive for about $11.74 billion. The deal will create an automotive supplier business with combined sales of about $41 billion and 138,000 employees.
U.S. stocks closed mostly lower Monday as investors wait for the Federal Reserve’s two-day policy meeting that starts on Tuesday.
Office Depot is leaving the New York Stock Exchange. The office supplies retailer said Monday its stock will start trading on the Nasdaq stock market on Sept. 26.
Steel company Nucor is buying Gallatin Steel Co. for about $770 million, which will expand Nucor’s footprint in the Midwest.
U.S. manufacturing output declined in August for the first time in seven months, reflecting a sharp fall in production at auto plants.
U.S. safety regulators are investigating complaints that the doors won’t latch properly on some Ford Fiesta subcompact cars.
Hoping to snag a new iPhone Friday? Get ready to either stand in a long line, or wait until late September or early October. Pre-orders for the new Apple iPhone 6 and larger iPhone 6 Plus began Friday and many outlets sold out quickly. The …
The president of a United Auto Workers local in northwest Indiana says a tentative agreement has been reached to settle a strike at Lear Corp. plant that makes automotive seats. UAW Local President Jaime Luna says details of a tentative agreement reached Sunday would be …
Emilia DiMenco, president and CEO of the Women’s Business Development Center in Chicago, reflects on changes implemented this past year to help women-owned businesses, shares strategies and priorities and discusses the important role women entrepreneurs will continue to play in the economy.
Maybe there is such a thing as too many breadsticks. In a nearly 300-page treatise on what’s wrong with Olive Garden and its management, investor Starboard Value suggests the Italian restaurant chain is being reckless with its unlimited breadsticks. The hedge fund notes the chain’s …
Toyota is recalling about 130,000 Tundra full-size pickup trucks because a plastic trim piece can interfere with the side air bags.
Eastman Chemical Co. is buying specialty chemical company Taminco for about $1.73 billion to strengthen its presence in markets such as food, feed and agriculture.
The Labor Department says weekly applications for unemployment aid rose 11,000 to a seasonally adjusted 315,000, the most since late June.
China on Thursday announced it will fine Audi $40.5 million and Chrysler $5.2 million in a sweeping anti-monopoly probe of the auto industry that has prompted complaints foreign businesses are being treated unfairly.