SINGAPORE (AP) — Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession, World Bank President Robert Zoellick said Wednesday. Zoellick warned that the U.S. unemployment rate, which jumped to a 26-year high of 10.
Incorporated in 1852, Ghirardelli Chocolate Company is a manufacturer and marketer of premium chocolates and chocolate products. Ghirardelli controls the entire chocolate manufacturing process, from cocoa bean to finished product. This control over the manufacturing process combined with Ghirardelli’s proprietary bean blend and unique methods of roasting and processing, ensure the highest quality and richest chocolate products.
Magnatag (Macedon, NY) offers the CardView Kanban boards to coordinate inventories and lean workflows. The kits come in five formats: Next-Job, Build-Board, Job-Load, To-Do, and On-Hand. Each comes ready to use in six size capacities, including kanban cards in 17 colors, card printing templates, color pocket tapes, and press-on FlashSpot so customers can tailor the board to their needs.
Matrox Graphics (Montreal, Canada) announces the launch of the M9188 PCIe x16 Octal graphics card, capable of supporting eight DisplayPort or DVI Single-Link outputs from a single workstation. Resolutions up to 2560x1600 per output are supported by 2GB of memory with support for Microsoft Windows XP and Linux.
Kübler by TURCK (Minneapolis, MN) has expanded its draw wire series, designed to work with sensors and encoders with analog outputs, with versions that measure distances ranging from 0.2 to 40 meters. Compatible outputs include 0 to 10 volt, 4 to 20mA, and potentiometers, as well as incremental (push-pull and RS422), absolute (SSI and BISS), and fieldbus interfaces.
Gassonic (Redlands, CA) has developed the first gas leak simulation tool for ultrasonic gas detection, which helps demonstrate the major advantages of implementing ultrasonic detectors for high-pressure gas leaks. The system responds to the distinctive ultrasound created by the leak without having to wait for gas to accumulate (conventional point detector) or within a narrow beam (open path gas detector).
It’s been two years since the WirelessHART™ standard was approved by some 200 member companies of the HART Communications Foundation. Successful Smart Wireless applications are now operating in more than 1,000 customer sites around the world, and as the range of available wireless products grows, end-users are finding more and more ways to apply them.
CINCINNATI (AP) — The Procter & Gamble Co. ( NYSE:PG ) is centralizing some research and development operations, affecting some 700 jobs. P&G says it expects most of the affected employees in southwest Ohio and Massachusetts to transfer to new locations, but will work on alternatives for those who can't move.
MINNEAPOLIS (AP) — Roughly 1,250 Twin Cities janitors with suspect employment documents were fired from their jobs in October as their company carried out an audit prompted by Immigration and Customs Enforcement, an immigration attorney said Monday. The janitors worked for ABM Industries Inc.
COSTA MESA, Calif. (AP) — Emulex Corp. ( NYSE:ELX ), which makes data storage equipment, said Monday it has filed a lawsuit against chip designer Broadcom Corp. ( NYSE:BCRM ), alleging violations of federal antitrust laws. Emulex's suit alleges that Broadcom, based in Irvine, Calif., acted in an uncompetitive manner, made defamatory statements and engaged in acts of unfair competition in violation of seven separate statutes.
SALINA, Kan. (AP) — Airplane maker Hawker Beechcraft Corp. announced Monday that it will close its Salina operation. The company, one of the nation's leading business jet manufacturers, said in a news release that it informed its Salina employees and the International Association of Machinists leadership Monday morning.
LOS ANGELES (AP) — A Los Angeles businessman has been sentenced to 2 1/2 years in federal prison for selling uncertified aircraft manufacturing parts that were used to make Boeing 737 airplanes. Prosecutors say 74-year-old Duane Lepire was sentenced Monday in U.S. District Court after pleading guilty in April to fraud for selling commercial-grade rubber gaskets that were not approved for aviation manufacturing.
BERLIN (AP) — German Chancellor Angela Merkel pressed General Motors Co. on Tuesday to present a "reliable concept" for the future of its European unit Opel, adding that GM should produce most of the funding. GM last week called off the planned sale of a majority of Opel, based in Germany, to a consortium of car parts maker Magna International Inc.
GoatThroat Pumps (New York, NY) announces their SCP-6500 pump, which allows containers holding flammable liquids to be grounded, which makes them safe for use with Class 1 and 2 flammables. All components of the new pump which come in contact with the fluid are created with conductive plastic so that the system remains grounded.
The pop-up transfer conveyors from TKF (Cincinnati, OH) are light-duty units designed to handle loads up to 250 pounds with motorized roller-driven strands, eliminating noisy chain drives. The conveyors also do not use vertical guides or cam ramps for positioning, which simplifies maintenance.
Sullair Corporation (Michigan City, IN) announces the redesign of their 200 HP compressors offered with a choice of constant speed drive models (the LS-200S) or constant speed drive with variable capacity control (the VCC-200S and VCC-250S). The VCC models use Sullair’s spiral valve technology, which allows the compressor to match pressure and capacity with system demand, lowering energy usage.
Pinpoint Laser Systems (Peabody, MA) introduces a new right 90-Line Square Plane, ideal for squaring machinery and equipment, setting up presses, checking machine tools, aligning guide rails, among other uses. The 90-Line Square Plane is designed to be placed in the path of a laser reference beam to form a precise right angle for checking alignment.
There aren’t many feelings worse than that of being duped, especially if you have an elevated estimation of your own intellectual powers. (I tested at 29 on my ACT exam, I swear.) Most of the time, I like to think that I’m pretty shrewd when it comes to marketing schemes and statistics being twisted by the most keen of spin doctors, distinctly because as an editor — trust me — I’ve seen it all.
BEIJING (AP) — Days after coming to power in September, Japan's new prime minister broached forming a new East Asian trading bloc with rival China — one that would exclude the United States. Some in Washington took it as a snub from the nation that has been America's rock in Asia for decades.
LONDON (AP) — Kraft Foods Inc. launched a 9.8 billion pound ($16.4 billion) hostile bid for Cadbury PLC on Monday — refusing to sweeten a previous offer rejected by the British candy maker. The terms of the cash-and-stock approach were left unchanged, effectively representing a lower offer for Cadbury investors because of a shift in share prices of both companies.