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Daily industrial news and top headlines for plant and maintenance managers

Fears Of Slowdown Sharpen Focus On Jobs Report

February 6, 2014 1:53 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Stock markets have sunk after signs of weaker growth in the United States, Europe, and China. Turmoil in developing countries has further spooked investors. The upheaval has renewed doubts about the Federal Reserve's next steps.       

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Applications For U.S. Jobless Aid Fall To 331K

February 6, 2014 1:48 pm | by Josh Boak, AP Economics Writer | News | Comments

The number of people applying for U.S. unemployment benefits declined 20,000 last week to 331,000, suggesting that Americans are facing fewer layoffs and better job prospects.                      

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U.S. Trade Deficit Up In December To $38.7B

February 6, 2014 1:42 pm | by The Associated Press | News | Comments

The U.S. trade deficit increased in December after hitting a four-year low in November. But for the year, the deficit fell to its lowest point since 2009 as exports rose to an all-time high.                  

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Bombardier Picked For UK Rail Contract Worth $1.6B

February 6, 2014 10:21 am | by The Associated Press | News | Comments

The British government announced Thursday that it intends to award a billion-pound contract to Bombardier, after a 10-day waiting period. Under the deal, Bombardier's rail division will supply 65 trains and a maintenance depot for Crossrail.   

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Group: Bangladesh Workers Threatened Over Union

February 6, 2014 10:18 am | by The Associated Press | News | Comments

A human rights group said Thursday that garment factory owners in Bangladesh have been intimidating and threatening workers who try to organize trade unions.                           

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Pa. Man Paralyzed By Tipped Toilet Prank Gets $5M

February 6, 2014 10:13 am | by The Associated Press | News | Comments

A man left paralyzed from the shoulders down when his relatives tipped over a portable toilet while he was inside has settled a Pennsylvania lawsuit against the toilet manufacturer, the relatives, and others for $5 million.       

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Volvo To Cut 4,400 Jobs In 2014

February 6, 2014 10:09 am | by Malin Rising, Associated Press | News | Comments

Volvo CEO Olof Persson said the job losses, which include the previously announced reduction of 2,000, will affect employees worldwide in group truck operations, as well as in technology, sales, marketing, IT, finance, and human resource departments.

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Farms In London's Underground

February 6, 2014 9:53 am | by CNN Money | Videos | Comments

A modern farming experiment in disused London Underground tunnels grows eco-friendly food. Its backers are hoping to grow the business as well.                               

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Inside Nissan's 'Taxi Of Tomorrow'

February 6, 2014 9:46 am | by CNN Money | Videos | Comments

New features like charging ports and crash-tested passenger dividers makes the new "Taxi of Tomorrow" a safer and more tech-savvy way to get around NYC.                              

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GM Holden Cutting 2,900 Jobs In Australia

February 6, 2014 9:34 am | by ABC News | Videos | Comments

Ashlynne McGhee reports live for ABC News on Holden's decision to cease manufacturing in Australia. This news provides a big blow to a country that was recently told Ford will also stop Austrialian production.            

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Hyundai's Alabama Manufacturing Facility

February 6, 2014 9:26 am | by Lets Talk Wheels | Videos | Comments

Travel to Montgomery, Alabama and the Hyundai Motor Manufacturing facility where they build the popular Elantra and Sonata models. This tour gives you an up close look at the equipment and practices of a Hyundai facility.         

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Boeing Increasing Monthly Production Rate Of 737

February 5, 2014 2:23 pm | by The Associated Press | News | Comments

Boeing is increasing the monthly production rate of its 737 to 42 airplanes, thanks in part to factory efficiency improvements. The company said Tuesday that the production rate has climbed about 33 percent since 2010's 31.5 planes a month.   

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Senator: U.S. Coal Sales Might Have Cost Taxpayers

February 5, 2014 2:20 pm | by Matthew Brown, Associated Press | News | Comments

Congressional investigators have found problems with federal coal sales that might have cost taxpayers $200 million or more in lost revenue, a senator said Tuesday.                         

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The Truth Behind McNuggets

February 5, 2014 2:14 pm | by McDonald's Canada | Videos | Comments

McDonald's Canada answers the question of what exactly is in McNuggets by taking us behind the scenes at the London, Ontario, Canada factory where they're made.                         

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Ingersoll-Rand Increases Dividend By 19 Pct.

February 5, 2014 2:04 pm | by The Associated Press | News | Comments

Ingersoll-Rand plc said Wednesday that it is increasing its quarterly dividend by 19 percent and announced a $1.5 billion share repurchase program. Shares of the Irish industrial and commercial products maker jumped in trading in reaction.    

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Trustees: GE Misleads In Hudson Dredge Report

February 5, 2014 1:55 pm | by Michael Hill, Associated Press | News | Comments

Federal trustees who will assess General Electric's liability for harm done to the Hudson River's natural resources accused the company Monday of being misleading in a report that found no need to voluntarily expand dredging.        

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Wis. Plan For Worker Training Gets Support

February 5, 2014 1:47 pm | by Scott Bauer, Associated Press | News | Comments

Wisconsin Gov. Scott Walker's proposal to spend $35 million to help technical colleges train people for high-demand jobs, as well as do more to help find work for people with developmental disabilities, found widespread support Tuesday at a legislative hearing.

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Company In W.Va. Spill Moving Chemicals To Pa.

February 5, 2014 1:45 pm | by The Associated Press | News | Comments

Freedom Industries is expected to move 3,500 gallons of crude MCHM from its Nitro, W.Va., facility to a coal facility in Pennsylvania on Tuesday. The Department of Environmental Protection warned that it could mean unsavory licorice smells for neighbors.

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Aston Martin Recalls More Than 17,000 Luxury Cars

February 5, 2014 1:43 pm | by The Associated Press | News | Comments

British luxury carmaker Aston Martin says it is recalling 17,590 sports cars because of a problem with the accelerator pedal molding. The company said Wednesday there had not been any accidents or injuries stemming from the fault, which can cause the engine to idle unexpectedly.

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Silicon Valley Economy Back At Dot-Com Era Highs

February 5, 2014 10:00 am | by Martha Mendoza, AP National Writer | News | Comments

The region added nearly 47,000 jobs in 2013, up 3 percent over the previous year, and the total number of jobs has surpassed pre-recession levels. Many are high wage jobs — 45 percent of households now earn more than $100,000, and per capita income is above $70,000 a year, much higher than the state average of about $44,000.

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