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The financial overhaul bill awaiting final action in the Senate includes a new regulator whose aim is to make sure mortgages, credit cards and other products from big banks don't abuse or confuse you.
Ford's chief executive told shareholders that the second-largest U.S. automaker will see "continuing improvement" into 2011 but wouldn't say when the company might reinstate a dividend.
Defense contractor Lockheed Martin Corp. reported an 18 percent drop in first-quarter earnings, part of mixed results Wednesday from some of the Pentagon's biggest weapons suppliers.
Northrop Grumman Corp. announced Monday that it won't compete against Boeing Co. for a $35 billion contract to build refueling tankers for the Air Force because Northrop doesn't think it can win.
A House committee on Friday questioned the rigor of Toyota's sudden acceleration tests, challenging the automaker's commitment to finding the causes of safety problems that have led to millions of recalled vehicles.
Congress regularly hauls in U.S. chief executives for public interrogations, from tobacco CEOs claiming nicotine isn't addictive to New York bankers defending their bonuses. But this week brings a rare catch — the head of a foreign company.
General Electric's overall work force fell by about 6 percent worldwide in 2009 as it struggled to deal with the effects of the deep recession and financial crisis, according to a company regulatory filing Friday.
Federal safety officials have widened their investigation of Toyota's sticky gas pedals to see if the same problem could exist for other automakers.
Two of the nation's defense companies posted higher fourth-quarter profits Thursday, boosted by the sale of fighter jets, cargo planes and missiles to the Pentagon and other militaries.
Like most companies that make thousands of parts in automobiles, CTS Corp. was virtually unknown to the average car buyer. That was until its gas pedal was blamed for big problems with some very popular cars.
The car industry got a historic makeover in 2009, most of it not for the better.
"Super Saturday" may just end up as Snowy Saturday in much of the eastern U.S.
House and Senate leaders proposed a compromise plan Tuesday to give shuttered General Motors and Chrysler dealers an appeals process to keep their showrooms open.
For General Electric Co., the NBC entertainment division was always an odd fit.
Senators are calling on General Motors and Chrysler to release more details on ongoing talks over the automakers' plans to close thousands of auto dealerships as part of their bankruptcies.
There are signs the nation's factories are stirring from one of the worst recessions in decades. Investors this week will find out how awake they really are.
Struggling states and towns got a dose of badly needed money this summer from a Cash for Clunkers program that poured hundreds of millions of dollars of tax revenue into their budgets.
It's a nightmare scenario for drivers — you pull your foot off the gas pedal but it sticks to the floor, causing the car to speed up. How do you get it to stop?
The inspector general for the Treasury Department's $700 billion bailout fund said Thursday that he will review the decisions of General Motors and Chrysler to close a large portion of their auto dealerships as part of their restructuring plans.
Companies that received billions of dollars of government aid have published policies meant to limit lavish expenses, new rules that follow reports of costly private jets, spa retreats and other corporate excess at firms receiving taxpayer money.
The World Trade Organization's ruling that European loans for Airbus were illegal subsidies is being cheered by U.S. lawmakers loyal to the Boeing Co., even though the preliminary decision may seem outdated now that government subsidies, bailouts and takeovers are common.
The federal agency that oversees auto safety standards said Friday that it isn't necessary to require that power windows operate in reverse to prevent the injury or deaths of children who could be accidentally caught in them.
Now comes the hard part for the auto industry — luring customers without big Cash for Clunkers discounts.
Auto dealers are bracing for a possible rush of last-minute shoppers before the Cash for Clunkers program ends Monday, but some buyers may find they won't be able to cash in on big government rebates.
It's revived business at car dealerships, taken gas-guzzlers off the road and given a badly needed boost to struggling auto factories. By many measures, the government's Cash for Clunkers program has been a success.
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