A Petersburg chemical plant plans to close by the end of 2014, laying off 240 employees. Boehringer Ingelheim Chemicals Inc. said Thursday that it will begin to phase out operations starting in December 2013. The Petersburg facility that has been in operation since the late 1970s manufactures active ingredients for the pharmaceutical industry.
Apple Inc.'s shares surged passed the $500 threshold — their highest level since January. The gains came a day after activist investor Carl Icahn said he thinks the iPhone maker should do more to revive its stock price. The outspoken billionaire said in Twitter posts Tuesday that he had acquired an unspecified stake in Apple and had spoken to its CEO about boosting share repurchase plans.
Why is it that the most important, most powerful, most effective methods, tools, or practices are also the most difficult? Answering that question might be a challenge to keep the philosophy professors busy for a good, long time. For now, accept your grandfather’s axiom that what is worth doing, is worth taking our time to do.
Authorities in south Georgia say at least three people have been injured in a chemical explosion that rocked an industrial complex. Valdosta fire officials say more than 40 firefighters responded to the blaze at the Gil Harbin Industrial Park Wednesday afternoon with help from Lowndes County sheriff's officials, Moody Air Force Base, the Georgia State Patrol and the FBI.
Officials at northern Indiana's AM General factory are hopeful about its chances for being picked to build potentially thousands of new military tactical vehicles. The company said it delivered 22 vehicles eight days early for testing in the latest round of the Joint Light Tactical Vehicle program for the Army and Marine Corps.
Cisco's earnings and revenue grew in the latest quarter as demand for its computer networking equipment increased. But CEO John Chambers called the global economy "challenging and inconsistent" and the company said it is cutting about 4,000 jobs, or about 5 percent of its work force.
Manufacturing company Leggett & Platt is planning a $5 million expansion for its facility in southwestern Missouri. Gov. Jay Nixon announced Wednesday that Leggett & Platt would be adding 28,000 square feet and an expected 12 jobs to its Flex-O-Lators facility in Carthage. The plant makes automotive seating components.
A seafood company plans to open a $41 million plant that processes frozen fish in west Georgia. Seattle-based Trident Seafoods plans to expand and move into a Carroll County facility once operated by Chiquita. The expanded plant will cover 147,000 square feet.
Indiana Supreme Court Justice Mark Massa said Wednesday he won't withdraw from a case involving a proposed $2.8 billion coal-gasification plant, rejecting arguments that his longtime friendship with a representative of the plant's developers would leave him unable to be impartial in that case.
7.45 million pre-orders and 100,000 sold out in 90 seconds – China's new and popular low-cost smartphone went on sale this week. China's Xiaomi has sparked a frenzy with a low-cost smartphone that may help the tech firm widen its lead over Apple in the local market, but CEO Lei Jun says it has very different ambitions.
The Japanese company Modec is preparing to test the world's first hybrid wind and wave power generation turbine this autumn. It is designed to harness enough energy from wind and waves to power up to 500 homes. CBS News' Seth Doane has the story.
Researchers in Switzerland are developing a flying robot to navigate and collect data in cluttered environments. The robot is equipped to stick to vertical surfaces, and can recover and continue flying even after a crash. Reuters' Jim Drury reports.
Areas in the North of England are being prepped for the controversial process of freeing fossil fuels from shale rock (or "fracking"), and residents in these rural farming communities are expressing worry about how the drilling plans will impact their communities and their livelihood.
Unfortunately, there is no gold-star approach a company can take for managing musculoskeletal disorders (MSDs). The most common approaches include fixing the person, fitting the person to the task, changing the person, changing how the person performs work, changing the work and the workplace.
With a robust history of pop culture examples, its no wonder that real-life exoskeleton prototypes have been evolving for decades. General Electric's 1960s 'Hardi-Man' could help users lift 1500 pounds, but it also weighed 1500 pounds. Lockheed Martin's current day "hulc" helps soldiers tote up to 200 pounds without significantly weighing them down.
The Council on Competitiveness (Council) and the U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) yesterday held the third in a series of high-level dialogues as part of the American Energy and Manufacturing Competitiveness (AEMC) Partnership, a three-year effort to bring together national leaders to address a rapidly shifting national and global energy landscape.
Starting next summer, U.S. consumers will be able to search a giant database to find out if recall repairs have been made to their cars or motorcycles. The National Highway Traffic Safety Administration, the agency that regulates auto safety, says it will require major auto and motorcycle makers to give customers online access to data so it can be searched by vehicle identification number.
With Thomas Perez now confirmed as head of the Labor Department, the agency is expected to unleash a flurry of new regulations that have been bottled up for months — a prospect that has business leaders worried and labor advocates cheering. Some long-awaited rules would help boost employment for veterans and the disabled, increase wages for home health care workers and set new limits for workplace exposure to dangerous silica dust.
There's a sense of urgency to the quest for workplace harmony, as baby boomers delay retirement and work side-by-side with people young enough to be their children — or grandchildren. Put people of widely different ages together and there are bound to be differences. Baby boomers, for example, may be workaholics, while younger workers may demand more of a work-life balance.
An attorney who was fired by the court-supervised administrator of BP's settlement with Gulf Coast businesses and residents is demanding to be reinstated with back pay. In a letter to claims administrator Patrick Juneau last Friday, Christine Reitano's lawyer said her contract for working on the settlement program was "wrongfully and improperly" terminated.