OSAKA (Kyodo) -- Agricultural machinery maker Kubota Corp. said Friday it will launch a friendly tender offer to acquire all outstanding shares in Kverneland ASA, a Norwegian manufacturer of tractor equipment.  Read More...

On Wednesday, December 14, a government technical group reviewed the findings from last month's testing of LightSquared's proposal to provide new broadband service.  The final test report will be sent to the National Telecommunications and Information Agency (NTIA), which advises the President on telecommunications policy, and represents federal agencies to the Federal Communications Commission (FCC).  Read More...

Power tool manufacturer Stihl Inc. plans to spend $10.3 million to build an expansion at its U.S. headquarters and hire 52 new workers, city officials are set to announce today.

The expansion would allow the German company to double its manufacturing capacity for "blow-molded" plastic products, such as tubes used for blowers and fuel tanks. Read More...