HELSINKI (AP) — Nokia Corp. on Tuesday warned its second-quarter sales and margins will be much lower than expected as rivals challenge the world's largest handset maker in both smartphones and low-end devices. The announcement sent Nokia shares down more than 17 percent to a 13-year low of euro4.
WASHINGTON (AP) — President Barack Obama has chosen businessman John Bryson to lead the Commerce Department, bringing another private sector player into an administration that has been making a concerted effort to improve its relationship with the business community. Bryson, 67, is a former chairman and chief executive officer of Edison International, a California-based energy company.
With the REACH registration of high-volume and hazardous chemicals now complete, many companies will now be turning their attention to the next phase of compliance, which involves the production and delivery of safety data sheets (SDSs). To comply with REACH, any company involved in importing and distributing chemicals to and within the EU will need to ensure the direct delivery of SDSs and associated documentation to customers.
AutomationDirect (Cumming, GA) is offering its GS-EDRV100 Ethernet drive module, which provides a high-performance link between a control system and any GS or DURApulse AC drive. The module mounts on a 35mm DIN rail, and connects the drive to an Ethernet hub or PC by transmitting the signals to a number of servers.
The 15 gallon Nortech vacuum is now available from Guardair Corporation (Chicopee, MA), and is powered by compressed air. The Nortech vacuum can produce 60 scfm of vacuum flow, and 213 scfm in lift. According to the company, the vacuums offer safety, durability, and easy maneuverability by hand.
Hercules Chemical Company, Inc. (Passaic, NJ) has announced the availability of its Plumbers Silicone Grease, which lubricates and prevents corrosion on valve stems, faucets, ballcock linkages, and other places where waterproof grease is needed. It provides high heat resistance of -40° to 400°F for use in a broad range of applications.
Harvard Apparatus (Holliston, MA) has released the new PHD ULTRA 4400 Syringe Pump for demanding high-pressure applications, with high accuracy and smooth flow from 3.06 pl/min to 215.8 ml/min. According to the company, the pump delivers more than 200 pounds of linear pumping force, and has an easy-to-use touchscreen, color LCD, and icon interface.
GEA Liquid Processing in Skanderborg, Denmark — a technology company of GEA Process Engineering - has delivered new process technology to Urtekram International A/S. The new technology BATCH FORMULA™ is an advanced mixing system that has contributed both to an increase of production capacity and continued maintenance of product quality.
SHANGHAI (AP) — China has detained 74 people and suspended production at hundreds of battery factories in a widening crackdown on heavy metals pollution after dozens of people were sickened by lead and cadmium poisoning. The government in eastern China's Zhejiang province said Monday that some of the people were detained in connection with pollution that sickened 172 people, including 53 children, near a battery factory in the city of Taizhou.
TOKYO (AP) — Japan's unemployment rate in April rose for the first time in six months, while the nation's industrial production rebounded weakly from a record drop following March's earthquake and tsunami. But output was seen picking up strongly in May and June as automakers and other manufacturers get back on line.
TOKYO (AP) — Two workers at Japan's crippled nuclear plant might have exceeded a radiation exposure limit amid concerns about the risks the workers face struggling to contain the crisis. The two control room operators are being tested further and don't have immediate health problems, Tokyo Electric Power Co.
HELSINKI (AP) — Nokia Corp. says its second-quarter and full year earnings will be worse than earlier expected because of tough competition, especially in the smartphone market. The world's largest mobile phone maker says its second-quarter result will be "substantially below its previously expected range of euro6.
SPRINGFIELD, Ill. (AP) — A proposal to end workers' compensation in Illinois moved a step closer to reality when it was approved by a state Senate committee. The legislation now goes to the Senate floor. Approval there would put abolition on the governor's desk. The Senate Executive Committee split along party lines in the 9-6 vote.
GREENSBURG, Ind. (AP) — Honda says it will add 1,000 jobs at its southeastern Indiana plant by the end of the year as it adds a second shift. Greensburg plant spokeswoman Anita Sipes said Tuesday that the additional shift will double its workforce. Sipes says the second shift has been planned since the factory opened in 2008 but the recession put those plans on hold.
Artist Aaron Koblin takes vast amounts of data — sometimes at the expense of a vast number of “sheep” — and weaves them into stunning visualizations. If you’re having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
CONYERS, Ga. (AP) — An Illinois-based manufacturer says it will establish a corrugated cardboard sheet-feeder plant in Conyers, bringing 50 jobs to the area. Corrugated Supplies Co. announced Thursday it will put the plant in the former Solo Cup distribution center. The company says plant operations are expected to begin in September.
LONDON (AP) — Sugar and sweeteners company Tate & Lyle PLC says it plans to reopen a mothballed U.S.plant to meet surging demand for sweeteners after reporting a strong rise in full-year earnings. The London-based company on Friday reported net earnings of 163 million pounds ($268 million), up from 15 million pounds a year ago.
WASHINGTON (AP) — The economy hit a soft patch in the first three months of this year, caused by a big jump in oil prices, and the impact of those higher prices are likely to weigh on growth for the rest of the year. After growing at an annual rate of 3.1 percent in the final three months of last year, the economy slowed to just 1.
CANTON, Ohio (AP) — Timken Co. is buying Philadelphia Gear Corp. for $200 million in order to expand its offerings, the auto parts supplier said Friday. Philadelphia Gear, based in King of Prussia, Pa., provides gear drives and components to the industrial and military sectors. Timken makes bearings, assemblies and alloy steels for auto producers and othermanufacturers.
DETROIT (AP) — U.S. auto safety regulators are investigating brake problems with the Nissan Altima and complaints of air bag troubles with the Jeep Wrangler. The National Highway Traffic Safety Administration said on its website Friday that brake fluid can leak on the Altima midsize car, causing a loss of stopping power.