Business

Connecticut, November 3 -- In what may be termed as a marriage among equals, the two largest U.S. toolmakers, Stanley Works (NYSE: SWK) and Black & Decker Corp (NYSE: BDK), have decided to join hands and get together.

When American investors think of tobacco greatness, Altria (NYSE: MO) and Philip Morris International (NYSE: PM) are the first companies to come to mind. But based on recent performance, British American Tobacco (NYSE: BTI) should definitely be moving into the mix, following the interim management report the company released on Wednesday.

Toronto, October 1 -- During last month, auto sales of Ford Motors (Canada)(NYSE: F) were good and the company bucked the overall downward trend in auto industry.

Chicago -- Grain futures closed sharply lower Friday with selling prompted by a continued lack of weather forecasts calling for frost.

North Charleston -- Workers at Boeing Co.'s 787 Dreamliner factory in South Carolina voted Thursday to go non-union, the aircraft maker said.

Washington -- A congressional committee monitoring the U.S. financial firm bailout said it was unlikely the government would recoup its investment in the auto industry.

New York, August 12: Contradicting assertions by Bernard Madoff that he alone orchestrated the $65 billion Ponzi scheme, Madoff’s right-hand man, Tuesday pleaded guilty to conspiracy and other charges related to his involvement in the scam.

Detroit -- The Chevrolet Volt electric car may earn a fuel-efficiency rating of 250 miles per gallon, U.S. automaker General Motors Co. said Tuesday.

Washington -- Interest rates for 30-year, fixed-rate U.S. mortgages fell in the week ending Aug. 6, the Federal Home Loan Mortgage Corp. said Thursday.

Detriot -- General Motors Corp. is discussing a possible partnership with eBay that would allow dealers to list new cars on the auction Web site, officials said.