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Businesses View Cuba's Prospects as Experts Caution: Be Patient

December 22, 2014 10:38 am | by Paul Wiseman, AP Economics Writer | News | Comments

A full lifting of the U.S. trade embargo could benefit, among others, U.S. farmers, auto and tractor makers, airline and hotel companies and telecom equipment makers, but it will likely be a long process to build the proper infrastructure in Cuba.

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Lone Holdout BMW Finally Joins Takata Recall

December 22, 2014 1:58 pm | by The Associated Press | News | Comments

The recall affects 140,000 BMW 3 Series vehicles made between January 2004 and August 2006. The company is calling its move a "voluntary improvement campaign" rather than a recall.            

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Alstom SA to Pay $772M in Penalties to Resolve Corruption Case

December 22, 2014 1:47 pm | by Eric Tucker, Associated Press | News | Comments

"Alstom's corruption scheme was sustained over more than a decade and across several continents," Deputy Attorney James Cole said at a news conference. "It was astonishing in its breadth, its brazenness, and its worldwide consequences."   

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Virginia Companies Find Success in International Exports

December 22, 2014 1:40 pm | by Michael Felberbaum, AP Business Writer | News | Comments

C.F. Sauer is loading its product on barges headed for places like Africa and New Zealand, and its international business is growing with the help of a unique state-run program.            

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Entrepreneur Builds 'Ghost' Ship for Navy, but Do They Want It?

December 22, 2014 1:21 pm | by David Sharp, Associated Press | News | Comments

Inventor Gregory Sancoff thinks the Navy needs a fast patrol boat to protect larger and more costly warships when they're most vulnerable. The Ghost's smooth ride makes it an ideal platform for weapon systems — and for transporting Navy SEALs. 

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P&G Divests Camay, Zest as Brand Streamlining Continues

December 22, 2014 12:23 pm | by Business Wire | News | Comments

Unilever gobbled up the two soap brands for an undisclosed amount. A transfer of a manufacturing facility in Mexico is also part of the deal.                  

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The Future of Agriculture? Industrial-Scale Indoor Farming

December 22, 2014 12:13 pm | by GE Reports | News | Comments

Advances in LED technology are helping to create an environment where vegetables can be produced at scale, with higher yields and shorter grow cycles, no matter what climate.             

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Government Sells Remaining GM Bailout Stake

December 22, 2014 12:06 pm | by The Associated Press | News | Comments

Detroit-based Ally Financial, formerly GMAC Inc., said that the Treasury Department is selling its remaining 54.9 million shares. That amounts to about an 11 percent stake in the company.          

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Obama: 2014 A 'Breakthrough Year'

December 22, 2014 11:58 am | by Julie Pace, AP White House Correspondent | News | Comments

Obama ticked off the year's improvements, citing lower unemployment, a rising number of Americans covered by health insurance and a historic diplomatic opening with Cuba, as well as his executive action on climate change.     

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New Reports Outline TX Plant Chaos, Deaths

December 22, 2014 11:33 am | by Lise Olsen, Houston Chronicle | News | Comments

The Harris County investigators' reports, obtained by the Houston Chronicle, paint a picture of confusion, chaos and delays in those early morning hours as DuPont workers became overcome and died when 23,000 pounds of toxic gases accumulated from a leak inside the pesticide unit.

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First Drone in Test Program Crashes in Nevada

December 22, 2014 10:48 am | by Ken Ritter, The Associated Press | News | Comments

"This is still a great day for Nevada," Gov. Brian Sandoval said after the orange aircraft dubbed the Sensurion Magpie was launched by hand, flew about 10 feet and plunged nose-first to the desert floor.        

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Lockheed Martin to Pay $27.5M for Overbilling Gov't

December 22, 2014 10:31 am | by The Associated Press | News | Comments

A subsidiary of Lockheed Martin is accused of billing the government qualified rates, yet using under-qualified employees for work done in New Jersey and Maryland.               

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Honda Takes Takata Air Bag Recall to Japan

December 22, 2014 9:56 am | by The Associated Press | News | Comments

While there have been major recalls in the U.S. over Takata's airbags, Honda's investigative recall in Okinawa is the first of its kind in Japan.                  

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Dencentralized AC Drive for Outdoor Installations

December 19, 2014 4:36 pm | by Vacon | Product Releases | Comments

According to Vacon, the VACON 100 X sets a new benchmark for decentralized drive solutions.

Realities of Illinois Spawns Manufacturing Growth, Opportunities

December 19, 2014 4:05 pm | by Jeff Reinke, Editorial Director | Articles | Comments

Daniel Goff, of Illinois’ Department of Commerce & Economic Opportunity, understands some of his home state’s perception issues as he works to bring more manufacturing to the region.                   

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New Range of Cordless Tools

December 19, 2014 3:56 pm | by Chicago Pneumatic | Product Releases | Comments

Innovative new high power cordless tools that deliver the power and performance of an air tool while providing the mobility of a battery tool are being launched by Chicago Pneumatic.

CO2 Levels Reach All-Time High, but Growth is Slowing

December 19, 2014 3:16 pm | by Meagan Parrish, Editor, Chem.Info | Articles | Comments

First, the bad news: Global CO2 emissions from fossil fuels and industrial processes (cement and metal production) reached an all-time high in 2013. The upside? The rate of emission growth is slowing down for the second year in a row.     

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The Vital Role of CMMS in Reliability Centered Maintenance

December 19, 2014 3:08 pm | by Chris Mumford | Articles | Comments

The mistaken belief that CMMS solutions are inadequate for the demands of RCM has spread, leading companies to waste time and money on additional software solutions that end up making their maintenance operations more complex rather than more efficient.

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More Job Losses for the Oil Industry

December 19, 2014 2:55 pm | by CBS News | Videos | Comments

Lower oil prices are buoying Louisiana's fishermen, but putting the squeeze on others. Manuel Bojorquez reports on the threat to jobs in the state's oil industry.                         

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You Can Drink This Car's Exhaust

December 19, 2014 2:51 pm | by CNNMoney | Videos | Comments

The Toyota Mirai is a Hydrogen fuel cell powered car that emits 100 percent pure high quality H20.                                           

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Residents Cheer Workers at Shuttering Maine Mill

December 19, 2014 2:48 pm | by The Associated Press | News | Comments

Residents of a Maine town greeted workers at a shuttering paper mill with cheers and applause as the employees were leaving their final shifts at the facility.                          

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