Automakers are in the uncomfortable position of building mostly at a loss a class of small electric cars that garner a lot of attention but few sales just to satisfy rules imposed by one state, California. As a result, they've acquired the name "compliance cars." ...

Read more

KNOXVILLE -- The University of Tennessee and Oak Ridge National Laboratory hired the 11th joint Governor's Chair, an advanced manufacturing expert from Ohio State University. Sudarsanam Suresh Babu, a professor in the Welding Engineering Program in the Department of Materials Science and Engineering, has conducted research that...

Read more

NEW YORK - Hess Corp. will split the positions of CEO and chairman as it fights off a campaign by a major shareholder for a change in leadership at the New York energy company. John Hess, son of the company founder, will hold on to the CEO...

Read more

President Obama nominated Charlotte, N.C., Mayor Anthony Foxx to be his secretary of transportation Monday, succeeding Ray LaHood. Obama called Foxx "one of the most effective mayors that Charlotte has ever seen." "Since Anthony took office, they've broken ground on a new streetcar project...

Read more

Starbucks CEO Howard Schultz won't say what the Starbucks of the future will look like. Or taste like. Or even smell like. But even with his company rolling in record profits and record sales, with 18,000 stores in 62 countries -- a time when...

Read more