A lawsuit challenging plans to take troubled personal computer maker Dell Inc. private is being filed in Delaware. The lawsuit filed Wednesday claims that company founder Michael Dell and a group led by investment firm Silver Lake are trying to buy the Round Rock, Texas-based computer maker on the cheap for $24.4 billion, or $13.65 per share.
With its annual meeting looming and its stock on the decline, Apple is facing a rebellion from an influential investor who wants the company to stop stockpiling cash and give it to shareholders instead. Greenlight Capital said Thursday that it is suing Apple in a New York federal court over the company's proposal to make it more difficult for it to issue preferred stock.
A federal appeals court has agreed with a lower court that electronics manufacturer AVX Corp. is responsible for pollution at its old plant in Myrtle Beach. The Sun News of Myrtle Beach reported a panel of the 4th U.S. Circuit Court of Appeals in Richmond, Va., upheld the decision by U.S. District Judge Terry Wooten in 2011.
In today’s complex corporate and business network environments, controlling access to sensitive data is of utmost concern. The amount of security-related data stored across a network is immense for many organizations, and relating all this data to the user’s account information in Active Directory can be tricky and time consuming.
Whether it’s equipment maintenance and repair, troubleshooting a process, or fixing business cultural problems, before you gear up for a complete overhaul, check on the simple fundamentals first. Often times the easily overlooked issue is the root cause.
A top federal safety official says the government should reconsider its approval of the kind of batteries used in the Boeing 787 Dreamliner because they can explode into fires, a specter that manufacturer testing did not pick up. NTSB Board Chairman Hersman says Boeing's safety testing of the batteries before they won approval from the FAA showed that a short-circuit in one of the battery's eight cells could be retained in that cell.
Back in 2007, Toyota trumpeted its bulked-up Tundra as a game-changer that would cut into Detroit's dominance of the U.S. pickup truck market. "The truck that's changing it all," was the tagline from an ad that featured the beefy Tundra pulling a 10,000-pound trailer up a steep ramp.
General Motors is following the Volkswagen playbook by bringing a diesel-powered small car from Europe to the United States. The automaker will introduce the diesel version of the Chevrolet Cruze compact on Thursday at the Chicago Auto Show.
Struggling Japanese electronics maker Fujitsu is slashing 5,000 jobs, or nearly 3 percent of its global workforce, as it seeks to boost profitability by reshaping its computer-chip business and its overseas operations. Fujitsu said Thursday the job cuts will be completed by the end of this fiscal year next month, and will rely on early retirement, layoffs and other methods. Details were undecided.
A one-off gain from the sale of an investment helped boost German automaker Daimler AG's net profit in the fourth quarter of 2012, offsetting the impact of higher costs. The company, based in Stuttgart, said Thursday that net profit was €2.3 billion ($3.1 billion), up from €1.79 billion in the same quarter last year, thanks to the sale of a 7.5 percent stake in European defense company EADS.
On March 1, across-the-board spending cuts, known as sequester, will hit the federal budget. The sequester is designed to get the deficit under control, economists argue that the cuts are too deep. Scott Pelley speaks with President Obama on whether the sequester could trigger a recession.
After a successful initial celebration last year, the next Manufacturing Day has been scheduled for Friday, Oct. 4, 2013. Manufacturers, educational institutions and others are encouraged to host events that will highlight the importance of manufacturing to the nation’s economy and draw attention to the many rewarding high-skill jobs in manufacturing fields.
Hydracision® combines efficient hydraulic movement of fluid with the precision of positive displacement injection, says the company.
The new PCU programmable safety controller extends robust safety system capabilities to include multiple safety product systems integration, programmable logic control functions, and safety product management software (included), says the company.
The rotacaster is a multidirectional wheel, which provides the ability to move in any direction while mounted in a fixed position, using rollers rather than a swivel mount.
The new power-propelled, power lifting and pouring, walk-behind drum handler provides unsurpassed operator control, productivity, and safety, says the company.
Manufacturing Day has been scheduled for Friday, Oct. 4, 2013. Manufacturers, educational institutions and others are encouraged to host events that will highlight the importance of manufacturing to the nation’s economy and draw attention to the many rewarding high-skill jobs in manufacturing fields.
As equipment investments become more complex and the industrial workforce ages, manufacturers face skill gaps relative to their equipment maintenance. This webinar will focus on preparing your current and future workforce for the long-term maintenance requirements of industrial manufacturing.
Kennametal Inc. announced that two company leaders received honors in the inaugural Women in Manufacturing STEP Awards presented by The Manufacturing Institute, Deloitte, University of Phoenix, and the Society of Manufacturing Engineers. Kennametal’s Colleen Wood Cordova, vice president global product management, and Martina Igel, plant manager of Kennametal’s Schongau, Germany facility, were selected.
To the casual observer, the Swinging Blind Juggler could be an elaborate piece of modern sculpture, or part of an intricate game. But it is neither. The juggler is part of an experiment to test mathematical algorithms that could one day allow the next generation of robots to walk.