REC Silicon, with 500 workers in this Central Washington town, annually produces enough solar-grade polysilicon to power more than 2 million homes. But a global trade battle over solar panels threatens to plunge REC and its local workforce into financial crisis.
Unemployment rates rose in more than half of U.S. states in July and fewer states added jobs, echoing national data that show the job market may have lost some momentum. The Labor Department said Monday that unemployment rates increased in 28 states. They were unchanged in 14 and fell in eight states — the fewest to show a decline since January.
General Motors Co. is recalling nearly 293,000 Chevrolet Cruze compact cars in the U.S. because the power-assisted brakes can fail. The recall affects Cruzes made in Lordstown, Ohio, from the 2011 and 2012 model years that are equipped with 1.4-liter turbocharged gasoline engines and 6T-40 six-speed automatic transmissions, the company said Friday.
Jim Rodgers assumed his job as an electrician at the Paducah Gaseous Diffusion Plant would take him all the way to retirement. After all, for six decades the government-owned uranium-enrichment plant was synonymous with job security and some of the region's best wages.
Full employment, plenty of cheap housing, a new Industrial Revolution and Police 3.0. Those are the French government's predictions for the year 2025. Leaders in the Socialist administration, who are under criticism for the struggling economy and rising joblessness, met Monday to discuss the way forward.
BlackBerry CEO Thorsten Heins could receive almost $55.6 million if the company is sold and he is ousted from the top job. Heins would receive $48 million in equity awards, based on the company's share price at the end of its latest fiscal year, according to a regulatory filing earlier this year. He would also get $7.5 million in compensation for his salary and bonus under the change of control provisions in his contract.
In Venezuela, consumers are paying more for used cars than new ones, as new car buyers have to wait years for delivery. Socialist policies and the currency exchange may be two reasons automotive imports and production have come to a screeching halt.
Boeing Co. said Friday that a defect in engine fire extinguishers for its new 787 jets occurred during manufacturing of the bottles at a supplier's facility and the issue was being fixed. Boeing has told airlines to inspect the extinguishers and given them directions for fixing improperly configured fire-suppression systems.
A number of international companies have suspended operations in Egypt as three days of violent street battles make the streets of Cairo unsafe. General Motors Co., Electrolux AB, Royal Dutch Shell PLC, Heineken N.V., Toyota Motor Corp., Suzuki Motor Corp., BASF SE and others shut down facilities and told thousands of workers to stay at home during unrest that has left more 700 people dead as of late Friday.
U.S. Trade Representative Michael Froman on Monday urged Japan to open its market to American cars and insurance companies, which would pave the way for a broader regional free trade agreement. Froman told reporters that the ongoing talks with Japan dealing with such historical sticking points are tied to the success of the larger and parallel Pacific free trade negotiations.
Louisiana lawmakers reversed course and backed a contract with South African energy company Sasol to build a multibillion-dollar fuel plant in exchange for $257 million in state incentives over a decade. The Joint Legislative Committee on the Budget agreed to the contract a week after delaying a vote on the project because committee members said they had too little information about the potential costs to the state budget.
Nippon Steel & Sumitomo Metal Corp. will comply if South Korea's Supreme Court upholds a ruling ordering the Japanese firm to pay 400 million won, or around 35 million yen, to four former South Korean workers as reparation for wartime forced labor, company sources said Sunday.
A state judge on Friday dealt a blow to activist investor Carl Icahn's effort to stop CEO and founder Michael Dell's $24.8 billion buyout offer for the struggling computer maker. He refused to fast-track proceedings on Icahn's claims that Dell Inc. directors have betrayed their duties to shareholders in trying to win support for Michael Dell's bid.
Over the past two months, Software Advice has surveyed maintenance professionals to identify how the industry uses software to get organized, improve efficiencies and tackle other industry challenges. 84 percent of those surveyed use some kind of software to manage maintenance. Commercial software products (i.e. CMMS, EAM/ERP or other business software tools) were used by 77 percent of those surveyed.
According to recent figures from the South Carolina Department of Commerce, the state’s GDP growth rate of 2.7 percent puts it just above the 2.5 percent national average, and is significantly out-pacing the 2.1 percent average of the southeastern region of the country. Much of this growth is attributed to manufacturing.
ARO electronic interface pumps can be configured to order with solenoid actuation and several feedback sensors for enhanced safety and control, e.g., leak detection and stroke monitoring.
The small loop detector housing includes full-fledged detector features such as Ultrameter TM, two output relays, and 10 sensitivity settings.
The high inertia motor is specially designed to withstand the increased temperature rise during start and stall conditions, and have stall times longer than their start times, says the company.
The rotary shear cut blade cuts against a hardened anvil. The crush cut blade is used for perforating, crush cutting, or score cutting.