Nissan is cutting prices on seven of its 18 models in the U.S., hoping its cars and trucks will show up in more Internet searches by shoppers. The price cuts vary with the amount of equipment on each model and run from 2.7 percent, or $580, on the top-selling Altima midsize car to 10.7 percent, or $4,400, on the Armada big SUV.
Apple Inc. sold $17 billion in bonds Tuesday in a record deal spurred by the company's plan to placate its frustrated shareholders. The Cupertino, California-based company sold the bonds in its first debt issue since the 1990s to raise money to pass along to shareholders through dividend payments and stock buybacks.
Industrial facilities aren’t typically built with the comfort of workers as a top priority. High ceilings, large open spaces, and sizeable mechanical obstructions can make cooling manufacturing and warehousing spaces difficult. Uncomfortable working conditions lead to heat-related illnesses and decreased productivity, which negatively affect the bottom line of the business.
Think of a scheduled maintenance and plant shutdown project as spring cleaning on a huge scale. Also commonly known as a plant overhaul, the temporary shutdown of a production plant or factory is an enormous undertaking and one that requires careful and systematic planning prior to performing the task.
U.S. safety regulators are investigating coolant leaks in Porsche 911 sports cars that could cause roadway spills and send vehicles careening out of control, and complaints that a rear suspension part can fail on the iconic Dodge Viper muscle car.
A regional utility has reached a tentative agreement with an aluminum smelter on electric rates that would keep the facility in western Kentucky open. Media report that Henderson-based Big Rivers Electric Corp. and Hawesville-based Century Aluminum announced the agreement on Monday.
General Electric Co. said it sued a utility for a share of costs associated with the $1 billion-plus Superfund cleanup of the upper Hudson River on Monday, the day the fourth season of dredging began to remove contaminated sediment from the river.
Lawmakers have advanced a bill intended to attract more wind-energy companies to Nebraska as long as residents receive some of the benefits. The measure would make it easier for renewable energy firms to qualify for sales-tax exemptions under an existing state program — the Rural Community-Based Energy Development Act — that was created to encourage wind-energy projects.
Goodman Manufacturing will expand its plant in Dayton, creating 200 new jobs. State and company officials announced Tuesday that Goodman is investing $2 million in the plant in Rhea County, which makes commercial and light commercial heating and air conditioning equipment.
Brazilian plane maker Embraer says it's signed a firm order with United Airlines for 30 regional jets. With the option for United to buy an additional 40 jets, Embraer says the deal could eventually be worth nearly $4 billion. The first planes are to be delivered in the first quarter of 2014.
Shelby America just unveiled its new Shelby Raptor pickup truck and CNN Money senior editor Peter Valdes-Dapena took the new truck out for a spin at Monticello Motor Club, which offers both a performance track and an off-road course. The 575-hp Shelby Raptor has monster performance and rugged off-road capability, making it a pick-up truck for the not-so-faint-of-heart.
Caterpillar says it plans to close its Summerville remanufacturing plant next year, a move that will put 280 people out of work. The Post and Courier of Charleston reports the company said Monday that the decision came after an extensive strategic review of the business.
Ford Motor Co. announced its entry into Myanmar on Tuesday, saying it plans to open the nation's first sales and service showroom for new vehicles by August. Myanmar's vehicle market has been stunted by decades of international sanctions and strict import controls put in place by the military junta that ruled for nearly 50 years, handing out import licenses to a few favored tycoons.
Japan manufacturing and employment showed slight improvements in March, buttressing hopes that the economy may be headed for a moderate recovery. Factory output rose 0.2 percent, the Ministry of Economy, Trade and Industry said Tuesday, in the fourth straight monthly increase. It pointed to strength in chemicals, electrical components, telecommunications equipment and steam turbines.
Executives with Yokohama Rubber Co. Ltd. say they will build a new tire plant in Mississippi because they see a global supply shortage for tires. The company plans to invest $300 million, hiring 500 people, in a first phase, and could invest $1.2 billion, hiring 2,000 people, over time. State and local governments could give more than $340 million in aid and tax breaks.