Consumer product manufacturing

Xiaomi's Founder, Chairman and CEO Jun Lei, speaks in front of a screen showing Jun Lei, right, celebrating with other company co-founders, at a news conference in Hong Kong, Saturday, June 23, 2018. Xiaomi Corp. said it seeks to raise up to $6.1 billion in its initial public offering next week that would value the Chinese smartphone maker at as much as $70.3 billion. (AP Photo/Kin Cheung)
June 23, 2018 - 10:18 am
SEOUL, South Korea (AP) — Chinese smartphone maker Xiaomi Corp. plans to raise up to $6 billion in one of the biggest global stock market debuts in recent years as it tries to become a worldwide hardware-and-services brand alongside Apple, Google and Amazon. The initial public offering in Hong Kong...
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FILE- This Jan. 4, 2018, file photo shows the interior of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 22. (AP Photo/Mark Lennihan, File)
June 22, 2018 - 4:30 pm
NEW YORK (AP) — Oil prices and energy companies rallied Friday after OPEC said it will produce more oil, but not as much as investors feared. While trade tensions remained in the headlines, U.S. stocks finished slightly higher at the end of a bumpy week. U.S. crude futures jumped 4.6 percent after...
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This undated photo provided by General Motors shows the Chevrolet Blazer. GM on Thursday, June 21, 2018, unveiled the sculpted Blazer in Atlanta. (Courtesy of General Motors via AP)
June 21, 2018 - 7:37 pm
DETROIT (AP) — Because these days you can't have too many SUVs, General Motors is bringing back the Chevrolet Blazer. Only this time it's not a thirsty and boxy truck like its predecessor, one of the original SUVs that was sold from the 1982 through 2005 model years. SUVs based on car underpinnings...
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In this Wednesday, June 20, 2018, photo, Catoctin Creek Distillery whiskey is on display in the tasting room in Purcellville, Va. The European Union on Friday will start taxing a range of U.S. imports, including Harley-Davidson bikes, cranberries, peanut butter, playing cards and whiskey. (AP Photo/Steve Helber)
June 21, 2018 - 11:39 am
LOUISVILLE, Ky. (AP) — Much of the rye whiskey aging in hundreds of barrels at Catoctin Creek Distillery in Virginia could end up being consumed in Europe, a market the 9-year-old distilling company has cultivated at considerable cost. But an escalating trade dispute has the distillery's co-founder...
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June 21, 2018 - 2:38 am
BERLIN (AP) — German automaker Daimler AG has lowered its 2018 earnings outlook, a change that it says is partly due to increased import tariffs for U.S. vehicles in China. The company said late Wednesday that it now sees fewer SUV sales and higher costs at its Mercedes-Benz Cars division than...
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FILE- In this June 14, 2018, file photo, Tesla CEO and founder of the Boring Company Elon Musk speaks at a news conference in Chicago. Tesla is suing a former employee at its Nevada battery factory alleging that he hacked into the manufacturing computers and disclosed confidential trade secrets. The federal lawsuit filed Wednesday, June 20, contends that Martin Tripp of Sparks, Nev., also made false claims to the media about information he stole, including claims that the company used punctured battery cells in the Model 3 electric car. (AP Photo/Kiichiro Sato)
June 20, 2018 - 2:20 pm
DETROIT (AP) — A former employee hacked into computers at Tesla's Nevada battery factory, stole confidential information and combined it with falsehoods in leaks to the media, the electric car maker alleged in a federal lawsuit. The suit was filed Wednesday, three days after CEO Elon Musk warned...
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FILE - In this July 1, 2014 file photo, Philadelphia Police and Fire Department investigate the scene of a food truck explosion in the Northeast section of Philadelphia. Almost four years after the food truck exploded into a fireball killing a woman and her teenage daughter, a U-Haul subsidiary and the general manager of one of its Philadelphia stores have been indicted. The U.S. Attorney’s office for the Eastern District of Pennsylvania announced the charges of violating federal hazardous materials regulations against the U-Haul Company of Pennsylvania and Miguel Rivera. A lawyer for the company declined comment Wednesday, June 20, 2018. (C.F. Sanchez /Philadelphia Daily News via AP, File)
June 20, 2018 - 10:13 am
PHILADELPHIA (AP) — Almost four years after a Philadelphia food truck exploded into a fireball killing a woman and her teenage daughter, a U-Haul subsidiary and the general manager of one of its Philadelphia stores have been indicted. The U.S. Attorney's office for the Eastern District of...
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June 20, 2018 - 7:39 am
RIDGEVILLE, S.C. (AP) — Volvo Cars, the first major automaker to abandon cars powered solely by internal combustion engines, is officially opening its first plant in the United States. The Swedish carmaker aims to make 130,000 hybrid or all-electric vehicles a year at the South Carolina factory,...
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June 20, 2018 - 5:47 am
SEOUL, South Korea (AP) — Hyundai Motor Group says it has signed an agreement with Audi AG to jointly develop electronics vehicles powered by fuel cell. Under the multi-year agreement signed Wednesday, Hyundai's affiliates including Kia and Audi's parent company Volkswagen AG will share components...
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In this Thursday, June 14, 2018 photo, Bill Ford Jr., Ford Motor Company Executive Chairman and Chairman of the Board, poses in the Michigan Central Station in Detroit. Ford Motor Co. is embarking on a 4-year renovation of the 105-year-old depot and 17-story office tower just west of downtown. The massive project is expected to increase the automaker’s footprint in the city where the company was founded, provide space for electric and autonomous vehicle testing and research and spur investment in the surrounding neighborhood. (AP Photo/Paul Sancya)
June 17, 2018 - 12:13 am
DETROIT (AP) — Bill Ford looks past the tons of paint, plaster and steel needed to remake Detroit's blighted Michigan Central train station and sees more than just an iconic building in desperate need of a makeover. The executive chairman of Ford Motor Co. and great-grandson of founder Henry Ford...
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