Japan's Mitsubishi is investing €576 million ($770 million) in developing German offshore wind farms. Netherlands-based grid operator Tennet said Wednesday that Mitsubishi will take a 49 percent stake in the €2.9 billion high-voltage cables linking four offshore farms to the German grid.
Detroit is firing on all cylinders. Breakingviews' Antony Currie says Detroit automakers will benefit from new luxury cars, higher truck sales, and a rebounding economy. That should boost stock of major U.S. automakers, including Ford and GM.
Headlights, grilles and other doodads are stepping up and popping out on cars: from daytime running lights that go up the hood of the new Cadillac ATS, to a wide, bold grille on the Ford Fusion, to engraving within the lamps of the new Corvette and Ford Transit. They are inexpensive but distinctive, providing automotive eye candy that can even boost gas mileage or improve safety.
Japan's two biggest airlines grounded all their Boeing 787 aircraft for safety checks Wednesday after one was forced to make an emergency landing in the latest blow for the new jet. All Nippon Airways said a cockpit message showed battery problems and a burning smell was detected in the cockpit and the cabin, forcing the 787 on a domestic flight to land at Takamatsu airport in western Japan.
Federal regulators said Tuesday they were working with the Occupational Safety and Health Administration to decide who has jurisdiction over a fatal accident involving a gas-drilling rig at a coal mine prep plant. An unidentified worker died Monday night when the rig overturned and crushed him at CONSOL Energy's Loveridge Mine preparation plant in Fairview, W.VA., said Mine Safety and Health Administration spokesman Jesse Lawder.
Hundreds of Peugeot Citroen workers occupied a French factory scheduled to be sold off, largely shutting down production in a protest against planned layoffs at the struggling automaker. The Aulnay plant near Paris has been at the center of a battle over the future of France's largest automaker.
Officials at Caterpillar Inc. are seeking applicants for jobs at the company's new plant being constructed in northeast Georgia. The openings represent the latest milestone in the company's development of a one-million-square-foot facility the company is constructing in the Athens area. Workers will build tractors and excavators at the plant.
Jamaica may be able to benefit from newly found deposits of rare-earth elements that are key ingredients for smartphones, computers and numerous other high-tech goods, the Caribbean island's top mining official said Tuesday. Science, Technology, Energy & Mining Minister Philip Paulwell said Japanese researchers believe they have found "high concentrations of rare-earth elements" in the country's red mud, or bauxite residue.
Several disaster-related hazards can impact your business including, fires, natural disasters, chemical spills, medical emergencies, blackouts and more. Preparing a disaster plan that details how to maintain safety and productivity, and reviewing it with employees can help your business be proactive and ensure the correct reactive solutions are onsite to limit the impact of workplace emergencies.
Higher productivity, increased labor costs and a strong trends towards true mobility in the work place are all factors that have put the spotlight firmly on ‘total costs of ownership’ for computers and devices. Organizations will have to start spending more on durable and reliable mobile computers rather than looking for bargains, if they want to avoid losing valuable productive time.
The owner of a New Hampshire gunpowder company that was the site of a 2010 factory explosion that killed two men is scheduled for trial in May. Craig Sanborn of Maidstone, Vt., was indicted last year on two counts of manslaughter and two counts of negligent homicide for negligently engaging in the manufacture, production, testing and storage of explosive material.
Renault says it needs to cut its headcount by about 17 percent — or 7,500 jobs — in France over the next three years to stem losses amid a downturn in Europe's car market. In a statement Tuesday, the French car maker says it is proposing to cut the headcount by 2016, largely by not replacing departing workers.
Italian carmaker Fiat SpA wants to extend a temporary layoff scheme in a southern Italian plant to respond to slumping demand and to save money for future investment. Fiat, which owns Chrysler LLC, said the move is necessary to "realize the investment of around €1 billion," or $1.34B, planned for the Melfi plant. Fiat plans to produce two new SUV models there for global export beginning in late 2014.
Jet engine maker Pratt & Whitney says it's cutting 350 salaried workers, about 200 of those jobs are in Connecticut. The subsidiary of United Technologies Corp. said Tuesday that it's responding to "business and economic conditions." The company, based in East Hartford, Conn., said the cuts are necessary to remain competitive.
Auto parts supplier Denso Corp. plans to invest nearly $1 billion in North America over the next four years and add more than 2,000 jobs as it works to localize its operations. The investment from the Japanese company was announced Tuesday during press previews for the North American International Auto Show in Detroit.
Fiat, Chrysler and a Chinese automaker have signed an agreement to expand manufacturing in China and produce the Jeep for sale in that market. The companies said the agreement was signed at Chrysler Group LLC's headquarters in the Detroit suburb of Auburn Hills.
One of the hallmarks of the 21st century is that we are all having more and more interactions with machines, and fewer with human beings. Technological advances, especially robotics, are revolutionizing the workplace, but not necessarily creating jobs.
American Airlines says it has renegotiated jet orders with Boeing Co. to save money and in some cases get a slightly smaller, less expensive version of Boeing's new 787 jet. The 787, which Boeing calls the Dreamliner, was delayed during production and has been beset by problems recently, including a fire aboard a Japan Airlines 787 last week in Boston.
Actor Danny Glover has joined supporters of unionization for workers at a Nissan Motor Co. assembly plant in Mississippi demonstrating outside the North American International Auto Show. The Mississippi Alliance for Fairness at Nissan protested Monday next to Detroit's Cobo Center.
Past met present at the auto show Monday when a holographic image of Thomas Edison was used to promote vehicles from electric truck and van maker VIA Motors. Bob Lutz, the retired General Motors executive who led development of the Chevy Volt, took to the stage at the North American International Auto Show to listen as a hologram of a person portraying the inventor gave advice about the potential for electric vehicles.