Chrysler says it has resolved its differences with the government and will recall older Jeep Grand Cherokee and Liberty SUVs that could be at risk of a fuel tank fire.
South Korea has begun accepting bids from aircraft makers to supply 60 new fighter jets at an estimated cost of $7.3 billion
U.S. consumer prices rose slightly in May as higher energy costs were partly offset by cheaper food. The small increase comes after two straight declines, underscoring that American consumers are benefiting from mild inflation.
U.S. builders stepped up home construction in May and applied for permits to build single-family homes at the fastest pace in five years. The gains show housing remains a key source of growth for the economy.
Sprint is suing to stop Dish Network's buyout of wireless data network operator Clearwire. The nation's third-largest cellphone carrier said the proposed deal violates the rights of Sprint and other Clearwire shareholders.
European car sales had their worst May in 20 years as the region's recession drags on, the European automakers' association said Tuesday.
The Seattle-based coffee chain says it will start posting calorie counts on menu boards nationwide next week, ahead of a federal regulation that would require it to do so.
Orchard Supply Hardware is scheduled to become a standalone subsidiary of the $50 billion Lowe’s home improvement mega chain under a brokered bankruptcy deal announced Monday.
Boeing and Airbus won pledges for big purchases of their lucrative long-haul wide-body jets at the Paris Air Show Monday, raising hopes that demand is recovering following the worldwide recession.
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