(KNOXVILLE, Tenn.)The Tennessee Valley Authority's "megasite" economic development program is proving to be a megahit with major manufacturers. The plan hatched by the nation's largest public utilit...READ MORE
(BELLEVUE, Wash.)Heavy truck maker Paccar Inc. said Tuesday that it will increase production at its Netherlands-based DAF Trucks division by 5 percent in September to accommodate strong customer de...READ MORE
(BELLEVUE, Wash.)Heavy truck maker Paccar Inc. said Tuesday that its board approved the repurchase of an additional $300 million of its common stock. Paccar said that it is nearing the completion o...READ MORE
(NEW YORK)The Nasdaq 100 index rose slightly in an abbreviated trading session Thursday as Wall Street weighed record-high crude oil prices and reports showing a drop in the service sector, ...READ MORE
(NEW YORK)The Nasdaq 100 index tumbled in midday trading as Wall Street seemed under assault on all sides by negative news in the automotive and financial sectors, and a spike in crude oil p...READ MORE
(NEW YORK)Shares of engine parts maker Cummins Inc., soared on Thursday after Caterpillar Inc. announced a business deal with truck maker Navistar International Corp.--a move an analyst said...READ MORE
(NEW YORK)Shares of most machinery companies closed higher along with the broader market Thursday as better-than-expected retail sales and a drop in the number of laid-off workers seeking un...READ MORE