Pharmaceutical giant Merck has announced a $41.1 billion takeover of Schering-Plough, which is likely to be followed by a reduction of 15% in the combined…
Square D has announced another round of layoffs at its Lincoln, Nebraska plant. Schneider Electric, the French company that owns Square D, says 22 people…
Vaughan-Bassett furniture's Galax, Virginia headquarters and manufacturing facility is expanding, creating 100 new jobs. The $2.15 million project will also save 500 existing jobs, Governor…
California's Marvell Technology Group will cut 15% of its workforce, or 850 jobs. Marvell, which manufactures semiconductor components for the iPhone and BlackBerry, has seen…
General Dynamics will cut 1,200 jobs and post a lower profit, sending shares to a six-year low. General Dynamics said demand for its Gulfstream business…
SPARTA Composite Products will invest $13.2 million to open a manufacturing facility in Suffolk, Virginia, creating 198 jobs through 2014. Governor Tim Kaine's office said…
RF Micro Devices will eliminate about 100 jobs, or 2% of its workforce worldwide. The Greensboro, North Carolina wireless chipmaker did not say if any…