ADP CFO Jan Siegmund says that his company's monthly employment report uses 'real-time payroll processing transactions' to calculate jobs data, unlike the BLS which uses surveys. Siegmund says that ADP has worked very hard to create a very high quality, sustainable, and relevant measure.
Let's say you're James Bond, and you get married. Your wife survives being married to James Bond, and you have kids. You might want something with four doors. With four doors, the Aston Martin Rapide S has room for the whole Bond, James Bond, family.
Belgian scientists are developing a badminton-playing robot to demonstrate how new software can optimize energy efficiency in production machines. Scientists say if they can reduce the energy consumption of these machines, they will be able to significantly reduce the energy consumption of mankind. Reuters' Tara Cleary reports.
Take a look at how a non-profit implemented Toyota's legendary production system (TPS) to increase the number of meals distributed to people who are still affected by Superstorm Sandy. Implementing this Kaizen event has made meal delivery in the still recovering area more efficient than ever before.
The job situation is still a very hot topic in the United States. ADP has access to jobs data from 600,000 employers and ADP CFO Jan Siegmund explains what the data is telling us now. He says that the slowing of employment growth over the last few months is due to tax rate changes and the anticipation of health reform.
Revamped full-size pickup trucks from General Motors are starting to arrive at Chevrolet and GMC dealers nationwide, and the company's top executive says the launch has gone well. CEO Dan Akerson said Wednesday that the smooth debut of the Chevrolet Silverado and GMC Sierra trucks is an example of how GM plans to maintain high quality while replacing many of its older vehicles this year.
Renewable energy is growing fast around the world and will be the second biggest source of electricity, after coal, by 2016, according to a five-year outlook published Wednesday by the International Energy Agency. Developing countries are building more wind, solar and hydro-electric power plants to meet rising power demand and combat local pollution problems.
With an ad blitz and a tersely worded letter, BP is mounting an increasingly aggressive campaign to challenge what could be billions of dollars in settlement payouts to businesses following its 2010 oil spill in the Gulf of Mexico. BP warned lawyers for many Gulf Coast businesses that it may seek to recover at least some of their clients' shares of the multibillion-dollar settlement if it successfully appeals a key ruling.
Whitehall Industries has broken ground on a facility in Paducah, Ky. that will employ 150 people making aluminum components for the automotive industry. Gov. Steve Beshear's office says the company plans to invest nearly $13 million in the project. Beshear attended the groundbreaking Tuesday.
General Motors is again expanding its suburban St. Louis plant in Wentzville, the second expansion in less than two years at the facility. The $133 million expansion announced Wednesday calls for GM to build a new 114,000-square-foot stamping press.
Canadian Solar's U.S. shares soared Wednesday on news of a deal with Samsung Renewable Energy Inc. to open a new manufacturing facility in London, Ontario. The facility will produce solar modules and power stations and supply Samsung's Ontario solar projects. It also will serve as a hub for Canadian Solar to conduct research and product development related to solar energy generation.
Sometimes, as a leader, you just have to take one for the team. And that's exactly what Renault-Nissan CEO Carlos Ghosn has done. Ghosn cheered on a weakening of the yen, despite it shaving a couple million dollars off his current paycheck. Maybe that's because he still out-earns some peers.
The deadly June 13 explosion and fire at the Williams Olefins chemical plant in Geismar released more than 62,000 pounds of toxic chemicals during the accident that killed two workers and injured 114 others, according to a report filed with state environmental regulators.
Gun manufacturer Smith & Wesson Holding Corp. on Tuesday reported record sales for its fourth quarter and full fiscal year amid a surge in demand for its firearms. Smith & Wesson reported net income of $25.2 million in its fourth quarter that ended April 30, double last year's $12.5 million quarterly profit.
The world's first space conversation experiment between a robot and humans is ready to be launched. Developers from the Kirobo project, named after "kibo" or hope in Japanese and "robot," gathered in Tokyo Wednesday to demonstrate the humanoid robot's ability to talk.
A fire broke out and thick black smoke billowed from a northwestern Indiana grain elevator a day after an explosion at the plant killed a worker. Facility owner Co-Alliance LLP says crews dismantling grain bins Tuesday at the Union Mills Co-op in Union Mills likely exposed smoldering grain to the wind. No injuries were reported.
A divided Supreme Court on Monday decided to make it harder for Americans to sue businesses for retaliation and discrimination, leading a justice to call for Congress to overturn the court's actions. The court's conservatives, in two 5-4 decisions, ruled that a person must be able to hire and fire someone to be considered a supervisor in discrimination lawsuits, making it harder to blame a business for a co-worker's racism or sexism.
Coca-Cola Bottling Co. Consolidated has expanded its sales and distribution center in Roanoke County. Company spokeswoman Alison Patient says about 125 employees will be transferred from Coca-Cola Bottling's plant in downtown Roanoke to the expanded facility on Integrity Drive.
Despite the ever looming concern about high fuel prices, there is still booming interest in many motorsports vehicles and products. Over the past several years, Sportech, Inc. has experienced an explosive increase in demand for their Thermoplastic Polyolefin (TPO) parts for original equipment manufacturers of motorcycles, snowmobiles, ATVs, and other off-road vehicles.
How many electric cars are on the U.S. market today? I can think of the Nissan Leaf, Chevrolet Volt – and, of course – the Tesla Model S. Despite these other zero-emission vehicles (that are also a bit more affordable), Tesla always tops this list.