A company has filed a proposal to buy the assets of Fisker Automotive, days before a hearing planned in the electric vehicle maker's bankruptcy. The proposed agreement between Fisker and Wanxiang America Corp. was filed Monday in bankruptcy court. A hearing on a possible sale of Fisker's assets is scheduled for Friday in Wilmington.
Unlike other frameworks or standards, CMMI isn’t a compliance exercise, and doesn’t require adherence to a particular methodology, such as Six Sigma or Lean. It’s methodologically agnostic, which means that rather on focusing on how to do something, it focuses on what needs to be done.
When it comes to display monitors for picking, the bigger the better. Now available from Power Pick Global software, an enhanced picking display monitor can be integrated into a picking station to increase picking accuracy and speed.
Custom Equipment, Inc. has filled the first order for its new HB-1230 scissor lifts, the most recent addition to the company’s full line of Hy-Brid Lifts low-level access equipment.
Asahi’s new PREP (peel, remove, edge and plane) tool offers three-in-one convenience to quickly prepare a pipe before socket welding by removing the natural oxidation that occurs on polyolefin thermoplastics (PE, PP).
Guardair Corporation, a world-class manufacturer of high quality safety air guns, syphon spray guns, and pneumatic vacuums, announces the 1500 handheld Gun Vac® Series.
Spawned years before the Great Recession and the 2008 financial meltdown, the crisis was significantly worsened by those twin traumas. It will play out for decades, and its consequences will be far-reaching. Many people will be forced to work well past the traditional retirement age of 65. Living standards will fall and poverty rates will rise for the elderly in wealthy countries.
Cooper Tire & Rubber Co. is calling off its proposed $2.2 billion sale to India's Apollo Tyres, a deal that would have created the world's seventh largest tire company. The U.S.-based company said Monday that financing is no longer available, and it continues to claim, as it has for months, that Apollo breached the terms of the agreement.
Demand for U-HD TVs is expected to rise despite dearth of content while its price will likely come down faster than that of the OLED TVs. Much of the growth is forecast to come from China, a major market for the South Korean TV makers. Chinese TV makers have been making a push into the U-HD TV market as well.
Fort Lee resident Vincent Ip co-founded Mission Motorcycles of San Francisco. The company makes high-end, electric-powered motorcycles that Time magazine calls one of the top inventions of 2013. Ip was terminated in November for what the company's lawsuit calls unprofessional behavior including physical threats.
Volkswagen Group announced today that it has grown by about 248,000 employees, representing a rise of 76 percent, since 2007. 123,000 of those are new jobs created around the world, and 125,000 are from employees of companies acquired during that period and integrated into the larger group. At the end of 2013, the company has about 573,000 employees, the highest number in its history.
With demand for gun products booming, Brownells Inc. is building a large distribution and retail center along Interstate 80 in Grinnell. The central Iowa city of 9,100 is home to Grinnell College, a selective liberal arts institution proud of its commitment to social justice.
News that ThyssenKrupp planned to sell the $5 billion mill just five years after it opened sent a ripple through the region, which depended on well-paying jobs related to the mill throughout the economic downturn. ThyssenKrupp has said its plan to import steel slabs from its plant in Brazil fell apart because of the recession and increasing production costs in Brazil.
The U.S. Department of Labor authorized former employees of the Williston IBM plant and some other businesses involved in memory design services in that town to participate in a program designed to help workers who have lost their jobs due to foreign competition, state officials said Thursday.
Striking workers making shoes and clothes for Western brands have blocked roads and briefly scuffled with police in Cambodia.
In 33 years at GM, Barra has worked in engineering, communications and human resources. She's gained in-depth knowledge of a company whose complexity contributed to its losing ground to rivals and, four years ago, a trip through bankruptcy court. In each stop, Barra analyzed the situation and simplified things. For instance, she streamlined designs by using the same parts in many different models.
A longtime eastern Illinois chemical plant employee shot his company's CEO during a performance evaluation, before committing suicide when he turned a handgun on himself.
Cessna Aircraft parent company Textron Inc. said Thursday it will buy Beechcraft Corp. for approximately $1.4 billion, a deal that would combine two mainstays of Wichita's general aviation industry.
BlackBerry co-founder Michael Lazaridis has trimmed his stake in the troubled smartphone pioneer to just below 5 percent after selling 3.5 million shares during the past two days. The sales disclosed in a Tuesday regulatory filing came after BlackBerry Ltd. announced a third-quarter loss of $4.4 billion last week.
Kalashnikov once aspired to design farm equipment. But even though his most famous invention — the AK-47 assault rifle — sowed havoc instead of crops, he often said he felt personally untroubled by his contribution to bloodshed. "I sleep well. It's the politicians who are to blame for failing to come to an agreement and resorting to violence," he said in 2007.