European jetmaker Airbus Group said Wednesday record demand for its civilian jetliners from airlines around the world drove higher sales and profits last year. The Boeing Co. rival, known until this year as EADS, said net profit rose 22 percent to 1.47 billion euros ($2 billion) in 2013, up from 1.2 billion euros the previous year.
General Motors is adding more than 588,000 vehicles to a recall to fix ignition switches that can shut off engines and cause crashes. The company says it's adding Saturn Ion compacts from 2003 through 2007, and Chevrolet HHR SUVs, Pontiac Solstice, and Saturn Sky sports cars from 2006 and 2007.
Panasonic Corp. is considering setting up a new plant jointly with Tesla Motors Inc. in the United States to make lithium-ion batteries for electric vehicles, sources close to the matter said Wednesday.
Federal regulators issued an emergency order Tuesday requiring more stringent testing of crude oil before shipment by rail to determine how susceptible the cargo is to explosion or fire, a response to a string of train accidents since last summer involving oil from the Bakken region of North Dakota and Montana.
Maybe we can transport patients with hover-stretchers and flying ambulances, too. Announcements like this are bound to raise a few eyebrows, but we live in a world where 3D-printed hearts and other highly advanced surgical procedures are slowly becoming commonplace.
Recently, the National Highway Traffic Safety Administration issued two recalls, one from Tesla and one from GM, both were associated with problems that could cause fires. The major difference? Tesla’s fix only required a WiFi connection, while GM required owners to bring their vehicles in for service.
New Oil Eater Universal Pads and Rolls are the economic solution for the widest variety of spill control and clean-up situations, such as machinery leaks in hard-to-reach places.
Klein Tools expands its innovative Voice/Data/Video punchdown tool line with a new Cushion-Grip Impact Punchdown Tool and Blade.
Here's the first look at Samsung's new products including the Galaxy S5 smartphone, the Gear 2 and the more innovative Gear Fit, which combines the functionality of the Gear with biometrics and a curved touchscreen.
The USDA has said Rancho processed diseased and unhealthy animals and circumvented federal inspection rules. The recalled beef was sold at Walmart and other national chains and used in products, including Hot Pockets.
NAM's President attributed manufacturing’s comeback to its dynamic workforce, innovation, and game-changing energy resources. However, he noted the critical need to implement policies supporting manufacturing to eliminate the stifling effect that overregulation, high taxes, rising health care costs, and a lack of trade agreements have on manufacturers’ competitiveness.
The President has announced the Digital Manufacturing and Design Innovation Institute (DMDI), which will be headquartered in Chicago, Ill., and funded via a $70 million grant that state and private entities will match to the tune of $250 million.
Early Tuesday, the world's most established exchange for Bitcoin disappeared from the Internet, sending the price of the virtual currency tumbling and prompting fears that the world's biggest experiment in electronic cash could soon be strangled by fraud or regulation.
Shares of Tesla Motors Inc. surged 16 percent Tuesday after a Wall Street analyst told investors that Tesla could shake up the electric utility sector as well as the auto industry.
The magazine cited the Model S's sporty performance and technological innovations, including its 225-mile range. But it acknowledged that the car is expensive. Consumer Reports paid $89,650 for the Model S it tested.
The agreement between the company and the State University of New York College of Nanoscale Science and Engineering increases IBM's commitment of high-tech jobs at semiconductor plants in Dutchess County, Albany, and Yorktown Heights by 750 from the current 2,350, Gov. Andrew Cuomo announced.
The new owners of a shuttered Campbell Soup Co. factory in Sacramento will begin auctioning off equipment from the facility on Tuesday. The three-day auction is intended to clear space for potential tenants and raise cash. The factory's inventory is worth an estimated $6 million to $8 million.
The start-up of the Celaya Plant increases Honda's annual automobile production capacity in North America to approximately 1.92 million units. In 2013, more than 90 percent of the Honda and Acura automobiles sold in the U.S. were produced in North America; this is expected to exceed 95 percent when the Celaya plant reaches full capacity.
Cigarette maker Lorillard Inc. has banned animal testing following discussions with an animal rights group that has raised concerns over industry studies in which animals were forced to inhale cigarette smoke, eat tobacco, and have cigarette tar painted on their skin.
Their motivation is clear: Europe's auto sales slumped last year to their lowest level since 1995, forcing French brands to join U.S. and European rivals in looking to China to drive revenues. But the timing is awkward.