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  • Japanese firm expands Illinois rail car plant

    Japanese rail car manufacturer Nippon Sharyo is expanding its plant in north-central Illinois, adding 90 jobs.

  • Cargill to close beef plant, cites cattle shortage

    Cargill plans to close a Milwaukee beef-processing plant that employs about 600 people Friday due to a shortage of cattle.

  • Lawyer sues GM on behalf of 658 plaintiffs

    A Texas lawyer has filed a lawsuit against General Motors on behalf of 658 people who were injured or killed in crashes allegedly caused by faulty ignition switches.

  • 11,000 Kawasaki vehicles recalled for injury risk

    About 11,000 Kawasaki off-road vehicles are being recalled because debris can cut through the foot rest area and hurt riders’ legs.

    Stocks flatten out after Fed delivers no surprises


    A cheerful report on the U.S. economy, rising profits and no surprises from the Federal Reserve left the stock market nearly where it started on Wednesday.

    Toyota remains at top in sales after first half


    Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal.

    Small cars fare poorly in crash tests


    The four-door Mini Cooper Countryman was the only one of 12 cars to earn a top rating of “good” in new frontal crash tests performed by the Insurance Institute for Highway Safety.

    Amazon to invest $2 billion to expand in India

    The world’s largest online retailer is facing off in India against a new name in e-commerce that was founded by former Amazon employees. Inc. said Wednesday it will invest $2 billion to expand its Indian business, a day after local rival Flipkart raised $1 billion to fund its own expansion.

    Hyundai recalls 883K Sonatas to fix gear shifters

    Hyundai is recalling its popular Sonata midsize sedan to fix problems with the gear shift levers. The recall covers 883,000 cars from the 2011 through 2014 model years.

    Suzuki recalls nearly 26,000 cars for fire risk

    Suzuki is recalling nearly 26,000 midsize cars in the U.S. because the daytime running light modules can overheat and could cause a fire.

    BP warns of impact of Russia sanctions on profits

    Energy company BP has warned that further international sanctions on Russia could have an adverse impact on its profits because of its stake in the oil giant, Rosneft.

    UPS to boost tech spending, lowers earnings outlook


    UPS lowered its outlook for the year as it announced plans to spend more on technology and other enhancements to improve service during peak season.

    China investigating Microsoft in monopoly case

    China’s anti-monopoly agency has announced an investigation of Microsoft Corp., stepping up pressure on foreign technology companies.

    Ford raising prices on new F-150

    Ford is raising the price of its new aluminum-sided pickup truck, but still trying to stay competitive with rivals. The F-150 goes on sale later this year.

    Motorola Mobility’s old HQ gets a buyer


    Motorola Mobility’s 1.2 million-square-foot former headquarters in Libertyville has been sold for $9.5 million. Beco Management said it will spend $50 million to turn the five-building, 84-acre complex into Innovation Park, Chicago-Libertyville.