Wolverine World Wide on Tuesday reported profit of $57.8 million in its third quarter.» Read More
April 25- Whirlpool Corp said on Friday that its quarterly operating profit rose as strong sales increases in much of the world, including Europe and North America, offset weakness in Asia. The world's largest maker of home appliances reported a first-quarter net profit of $160 million, or $2.02 per share, down from $252 million, or $3.12 a share, a year earlier.
The report, released on Friday by the Boston Consulting Group found that while China remains the world's No. 1 country in terms of manufacturing competitiveness, its position is "under pressure" as a result of rising labor and transportation costs and lagging productivity growth.
CNBC's Eamon Javers reports the Supreme Court is upholding Michigan's ban on affirmative action.
Mazda is recalling 109,000 SUVs in the U.S. to address potential rusting frame parts in cold-weather states where road salt is heavily used in the winter.
General Motors waited years to recall nearly 335,000 Saturn Ions for power steering failures despite getting thousands of consumer complaints
The Supreme Court declined to hear the different parties in a dispute over a mine in Mich., which will be an extraction site for nickel and copper.
Marketwired, which publishes and distributes corporate earnings, said it will no longer sell them to high-frequency trading companies.
Few who have followed the Caribbean island's financial troubles doubt that a massive restructuring is in its future.
The Michigan Democrat is the former chairman of the House Energy and Commerce Committee and has been a staunch advocate for the auto industry.
The attacks on the blueprint unveiled Friday mark the start of the kind of litigious, acrimonious battle city officials are hoping to avoid.
CNBC's Scott Cohn reports from aboard the USCGC Hollyhock where the U.S. Coast Guard is trying to crush the ice in the Great Lakes.
The White House is not considering a financial bailout for Puerto Rico, an Obama administration official says.
GM will pay the first quarterly dividend on its common stock in almost six years, marking another step in the automaker's recovery from bankruptcy.
"We are entering a new era," Mercedes-Benz development chief Thomas Weber said.
The pace of growth of business in the Midwest slowed in December, signaling a cooling in the region's manufacturing.
New Year's Day will bring a fresh test for President Barack Obama's healthcare overhaul, as hundreds of thousands of Americans will begin to use the program's new medical coverage for the first time.
A key component in Detroit's plan to exit bankruptcy will either be renegotiated over the next week or possibly face litigation, an attorney says.
Ford said it expects lower pretax profit in 2014, and that targets for global automotive operating margin are at risk.
On the heels of appointing its first female CEO, General Motors said its $1.3 billion investment at five plants will create or retain 1,000 jobs.
Fiscally distressed governments across the country may have gotten a troubling blueprint this week for getting out of their respective messes.