Chief Operating Officer Kristian Tear and Chief Marketing Officer Frank Boulben, both hired by recently ousted CEO Thorsten Heins, will leave the struggling smartphone maker. And the company said Monday that Brian Bidulka is being replaced by James Yersh as chief financial officer. Yersh previously served as senior vice president and controller.
The announcement came just days before the kickoff of the holiday shopping season. It also comes as Wal-Mart is trying to boost sales in the U.S. and abroad amid a challenging global economy that's weighing on its low-income shoppers.
European Commissioner Algirdas Semeta unveiled a plan Monday to stop companies avoiding taxes on subsidiaries' dividends in some EU nations because local laws classify the dividends as debt payments.
Economist Mariana Mazzucato argues that much of the technology underlying your trusty Apple smartphone was actually created in government labs. What does that mean for innovation in the future?
Bangladesh has yet to meet benchmarks set by the U.S. government for restoration of trade benefits suspended after a garment factory collapse that killed more than 1,100 people, an influential Democratic senator said Friday.
A major U.S. power company has pleaded guilty to killing eagles and other birds at two Wyoming wind farms and agreed to pay $1 million as part of the first enforcement of environmental laws protecting birds against wind energy facilities.
The $139 million loss is the largest in the Obama administration's green energy loan program since the 2011 failure of solar panel maker Solyndra. The government lost $528 million in the Solyndra collapse, triggering sharp Republican criticism of the loan program and President Barack Obama's investments in green energy.
Berry Plastics Corp. plans to close five of its manufacturing plants next year in response to weak demand for the company's plastic containers and packaging. The plants will close by Sept. 30, 2014, and cost about 200 workers their jobs.
City News Service reports that Judge Robert O'Brien did agree Friday to take Irwindale's request for a preliminary injunction to close the plant under consideration. The judge didn't indicate when he might rule.
In a 2-1 ruling Friday, the 4th U.S. Circuit Court of Appeals in Richmond upheld a jury's finding that Taser International was negligent in the 2008 death of 17-year-old Darryl Wayne Turner.
In the lawsuit, Philip Berger claimed he developed inflammation of the lung after breathing contaminants from a chemical used to cool cutting tools at Copeland Scroll Compressors, a firm owned by Ferguson-based Emerson Climate Technologies.
Boeing is alerting airlines about possible engine icing problems on some of its new planes. It is recommending that planes with a specific General Electric engine avoid flying near thunderstorms that might contain ice crystals.
The awful disasters that have struck the Philippines in the last few months, the devastating tsunami in Japan, and general violent weather effects have caused Supply Management to plan for continuity of supply down to the third tier of suppliers.
Routine, structured tasks such as monitoring equipment or production processes – tasks that have traditionally required human intervention by onsite technicians – are becoming increasingly automated. This creates the potential not just to optimize existing production and service delivery models but to transform them.
The E8500 combustion analyzer from E Instruments International is a complete portable tool for EPA compliance level emissions monitoring and testing.
Russellstoll® Interconnection Systems by Thomas & Betts (T&B) has combined its product line with the ABB Industrial Plugs and Sockets product line to enhance T&B’s industrial connector selection.
Balluff, a global sensor and identification specialist, just released its new industrial identification catalog, containing their complete line of RFID systems (Tool ID, LF, HF, and UHF) and vision sensors, along with supporting accessories and cables.
ASTM D 523 describes three measurement angles to measure gloss across all surfaces. The NOVO-GLOSS meter is able to measure gloss using a universal angle, or can be set for high or low gloss finishes for the most accurate reading.
General Electric Co. says it will close a northern New York electrical capacitor plant that employs about 200 workers.The Fairfield, Conn.-based company announced Thursday that it will follow through on plans announced in September to close its Fort Edward plant and move operations to an existing manufacturing site in Clearwater, Fla.
Joe Hinrichs was named Ford Motor Co.'s president of the Americas one year ago, after a three-year stint as head of Ford's Asian operations. Here's what Hinrichs told The Associated Press on the sidelines of the Los Angeles Auto Show this week: