Latest Consumer product manufacturing News

Garrett Popcorn sues ex-employee it says stole its recipes

Apr. 23, 2019 9:48 PM EDT

CHICAGO (AP) — The owner of a famed Chicago popcorn business has sued a former employee, accusing her of stealing thousands of files including information about its secret recipes. Garrett Popcorn Shops filed the federal lawsuit Monday against Aisha Putnam, one of three people the company says knows the...

S&P 500, Nasdaq close at record highs as earnings roll in

Apr. 23, 2019 7:54 PM EDT

The S&P 500 hit an all-time high Tuesday, marking the stock market's complete recovery from a nosedive at the end of last year. The benchmark index's previous record was set last September, shortly before the market sank in the fourth quarter amid fears of a recession, an escalating trade war between the U.S....

US expands probe into air bag failures to 12.3M vehicles

Apr. 23, 2019 5:46 PM EDT

DETROIT (AP) — U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles equipped with bags that may not inflate in a crash. The problem could be responsible for as many as eight deaths. Vehicles made by Toyota, Honda, Kia, Hyundai,...

Google self-driving unit Waymo picks Detroit factory site

Apr. 23, 2019 12:29 PM EDT

DETROIT (AP) — Google's self-driving car spinoff Waymo says it will reopen an axle plant in Detroit to convert conventional vehicles so they can drive autonomously. The company says it will lease a now-closed American Axle & Manufacturing plant north of downtown so it can convert the vehicles, mostly...

Tesla CEO plans to hand the car keys to robots next year

Apr. 22, 2019 8:18 PM EDT

SAN FRANCISCO (AP) — Tesla CEO Elon Musk expects to start converting the company's electric cars into fully self-driving vehicles next year as part of an audacious plan to create a network of robotic taxis to compete against Uber and other ride-hailing services. The vision sketched out Monday during an...

New indictment expands case against Nissan ex-chair Ghosn

Apr. 22, 2019 6:06 AM EDT

TOKYO (AP) — Japanese prosecutors said Monday they have indicted Nissan's former chairman Carlos Ghosn on fresh breach of trust charges that expand their allegations of financial misconduct outside Japan. After the indictment, Ghosn's lawyers filed a request for his release on bail, the Tokyo District...

Stop & Shop, workers reach tentative contract agreement

Apr. 21, 2019 9:10 PM EDT

BOSTON (AP) — Stop & Shop supermarket workers and company officials reached a tentative contract agreement Sunday that includes wage increases for all associates and maintains health coverage, according to news releases from both parties. The company said the agreement ends employee strikes that...

Tesla wants to cut size of board from 11 directors to 7

Apr. 20, 2019 1:43 PM EDT

PALO ALTO, Calif. (AP) — Tesla plans to cut its board of directors from 11 to seven in a move the electric-car maker says will allow the board to act more nimbly and efficiently. Tesla says the four directors who will depart aren't leaving because of any disagreement with the company. The board has come...

Corporate America embraces 420 as pot legalization grows

Apr. 19, 2019 8:58 PM EDT

LOS ANGELES (AP) — Marijuana users have for decades celebrated their love of the drug on April 20, but the once counter-culture celebration that was all about getting stoned now is so mainstream Corporate America is starting to embrace it. No, Hallmark doesn't yet have a card to mark "420." But many other...

Honda slows Accord, Civic production as buyers shift to SUVs

Apr. 19, 2019 2:36 PM EDT

MARYSVILLE, Ohio (AP) — Honda is slowing production of Accord and Civic cars as U.S. buyers continue to favor SUVs and trucks. The Japanese automaker said Thursday that it will temporarily idle a second-shift production line in August at its Marysville, Ohio, assembly plant, in part to prepare the factory...