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Fiat Mulls IPO After Buying Chrysler
April 25, 2013 2:11 pm | by Colleen Barry, Tom Krisher, AP Business Writers | News | CommentsItalian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter. The plan to sell shares of a combined company is among several options being evaluated by Sergio Marchionne, who serves as CEO of both automakers, said the person, who requested anonymity because no decision has been made.
OSHA: OH Plant 'Could Have Prevented' Worker Death
April 25, 2013 2:09 pm | by The Associated Press | News | CommentsA federal agency has cited an Ohio aluminum plant with eight safety violations following the death of a worker who was crushed by a hot metal rack stacked with heavy aluminum. The federal Occupational Safety and Health Administration, or OSHA, said Thursday that Extrudex Aluminum acted with knowing disregard or plain indifference to hazards at the company's plant in North Jackson in northeastern Ohio.
MS Special Session Friday For Auto Parts Maker
April 25, 2013 2:07 pm | by Emily Wagster Pettus, Associated Press | News | CommentsMississippi Gov. Phil Bryant is calling lawmakers back to the Capitol this Friday for what many hope will be a quick a special session to lure an auto parts maker to the state. Bryant has released few details about the project, beyond saying it's for Mississippi's "automobile corridor."
Boeing 737s Being Built At Highest Monthly Rate Ever
April 25, 2013 1:49 pm | by Boeing | Videos | CommentsThe new CopaAirlines 737 symbolizes an important change in how the 737 is built. The world's best selling airplane, the Boeing 737, is now building at its highest rate ever. In Renton, Washington, the Boeing factory is now assembling 38 planes a month.
Robot Swarms Seen As Guardians Against Future Threats
April 25, 2013 9:09 am | by Reuters | Videos | CommentsResearchers at Georgia Tech University in Atlanta are programming robots to work together. The scientists believe that in the future, robotic swarms could play an important role in assessing threats at high profile events like the Boston Marathon where two deadly bombs went off last week. Reuters' Ben Gruber has more.
A Mini Robot, Powered By Your Phone
April 25, 2013 9:06 am | by Ted | Videos | CommentsYour smartphone may feel like a friend—but a true friend would give you a smile once in a while. At TED2013, Keller Rinaudo demos Romo, the smartphone-powered mini robot who can motor along with you on a walk, slide you a cup of coffee across the table, and react to you with programmable expressions.
Need To Repair A NASA Spacecraft? 3D Print It
April 25, 2013 9:04 am | by CNET | Videos | CommentsEngineers at the National Aeronautics and Space Administration Ames Research Center have begun experimenting with 3D printers for some spacecraft design. CNET's Sumi Das visits one of its newly open workshops, which is filled with state of the art equipment.
What's Next For Apple?
April 25, 2013 8:00 am | by CNN Money | Videos | CommentsIt's certainly one of the most talked about stocks, so what is it going to take to turn Apple's profits around? Apple's profits fell 18 percent to $9.5 billion in the second quarter. As profit margins decrease on iPads and iPhones, pressure increases on Apple to enter a new product category.
How Clouds Can Dominate Sunny Florida
April 24, 2013 4:43 pm | by Anna Wells, Executive Editor, IMPO | Blogs | Comments2012 saw the widespread acceptance of cloud computing, “including the validation of the model by some of the largest software companies in the world.” So as leading vendors continue to invest the resources in making this technology smarter, more reliable, and easier to use, manufacturers can do their fair share by giving these innovative solutions a little attention as well.
DMV Denies Tesla Request To Run Its Own Dealership
April 24, 2013 2:03 pm | by The Associated Press | News | CommentsVirginia officials have rejected a request from electric car maker Tesla Motors to operate its own dealership at a Tysons Corner mall. State law requires manufacturers to sell cars through a dealer, unless the manufacturer can show that no dealer is available.
Boeing Sees Early-May Restart Of 787 Deliveries
April 24, 2013 2:02 pm | by Joshua Freed, AP Business Writer | News | CommentsBoeing is aiming to begin delivering 787s again in early May. The 787 has been grounded since mid-January because of smoldering batteries. Federal authorities have approved Boeing's redesigned battery system. The new battery setup has been installed on 10 787s that belong to airlines, and on nine more that have been built but not delivered, said Boeing Co. Chairman and CEO Jim McNerney.
European Recession Hits Major Car Makers
April 24, 2013 2:00 pm | by David McHugh, AP Business Writer | News | CommentsEurope's stubborn recession cut deeply into profits at major automakers Ford, Volkswagen and Daimler, first-quarter results showed Wednesday as the industry began reporting earnings. Germany's Volkswagen AG said its first-quarter net profit fell 38 percent to 1.95 billion euros ($2.5 billion), while Daimler AG's was down 60 percent at 564 million euros.
Mitsubishi Motors IDs Cause Of Battery Problem
April 24, 2013 1:58 pm | by The Associated Press | News | CommentsMitsubishi Motors Corp. said Wednesday it has identified the cause of a battery malfunction of its Outlander plug-in hybrid electric vehicle and will take recall procedures as soon as the effectiveness of preventive measures is confirmed.
TX Plant Blast Loss Likely Exceeds $100M
April 24, 2013 1:56 pm | by The Associated Press | News | CommentsAn insurance industry trade group estimates losses from a deadly fertilizer plant explosion in a tiny Texas town will likely exceed $100 million. Insurance Council of Texas spokesman Mark Hanna said Wednesday that insured losses after the explosion in West, Texas, included dozens of damaged homes, businesses and cars — as well as the costs of resettling displaced residents.
Orders For U.S. Durable Goods Fall In March
April 24, 2013 1:54 pm | by Christopher S. Rugaber, AP Economics Writer | News | CommentsOrders for long-lasting U.S. factory goods fell in March by the most in seven months. The drop reflected a steep decline in commercial aircraft demand and little growth in orders that signal future business investment. The Commerce Department said Wednesday that orders for durable goods declined 5.7 percent in March. That followed a 4.3 percent gain in February, which was revised lower.
