The U.S. government has approved China's largest auto parts maker Wanxiang's plans to buy A123 systems. The result might be a huge loss of jobs in America.
For decades, the story of American manufacturing has been all about outsourcing. Lately though, some new terminology has come into vogue — 'insourcing.'
Hundreds of thousands of well-paid jobs in manufacturing are left empty because many people lack the skills to fill positions as machinists or welders.
The world's No. 2 computer maker Lenovo will hire 115 people to build computer servers, laptops and tablets in Whitsett, N.C., near its North American headquarters.
September manufacturing wilted in Europe — and a new unemployment report by the EU shows lots of young people were out of work in August. But European stock markets had a strong day. What gives?