When the New Orleans chugged into the city for which it was named on Jan. 10, 1812, it made history as the first steam-powered vessel to travel the western waters of the U.S. At the time, few people thought it would touch off a commercial revolution.
General Motors Co., maker of the Chevrolet Volt plug-in hybrid that is the subject of a federal safety probe, is moving to a less volatile battery chemistry for its Chevy Spark electric car going on sale in 2013.
Brambles Ltd., the world’s largest supplier of warehouse pallets, announced an A$448 million ($432 million) rights offering after scrapping the sale of a document- storage unit that was expected to raise $2 billion.
French criminal investigations into airplane disasters such as the deadly July 2000 Concorde crash puts the flying public at risk by intimidating people with key information, lawyers and safety experts say.
Wooden pallets churned out in their billions over the five decades during which they’ve dominated world trade face a challenge from a cardboard rival that’s the brainchild of furniture retailer Ikea Group.