WASHINGTON (AP) — Medical device maker Boston Scientific Corp. reported better-than-expected earnings for the second quarter Thursday and announced it would reduce its staff by between 5 and 6 percent to streamline operations. The company announced a global restructuring program to eliminate unnecessary administrative positions and automate some production work.
NEW ORLEANS (AP) — More than two years after unveiling a plan to build a fuel-efficient vehicle in Louisiana, startup automaker Next Autoworks Co. continues to play a long waiting game for federal financing with no end in sight. Touted in 2009 as one of the biggest all-new industrial projects in years, what was first known as V-Vehicle Co.
CLEVELAND (AP) — Goodyear Tire & Rubber Co. reported a 43 percent surge in second-quarter earnings Thursday, helped by a 24 percent revenue increase. But Chairman and CEO Richard J. Kramer expressed caution Thursday about its core North American market, however. "These results will be difficult to repeat in the second half because of increasing raw material cost challenges and uncertain economic conditions," he said.
ALBUQUERQUE, N.M. (AP) — Authorities say an American Airlines worker is dead after an industrial accident at the Albuquerque International Sunport. Albuquerque police and airport authorities say they're investigating Thursday's accident, but didn't immediately release any details.
PEORIA, Ill. (AP) — The U.S. Department of Justice says Caterpillar Inc. has agreed to pay $2.55 million to settle allegations it violated the U.S. Clean Air Act. The department said Thursday that it believes the Peoria, Ill.-based heavy equipment-maker shipped more than 590,000 engines that lacked proper emissions controls.
(Madison, WI & Edison, NJ) – On September 20, 2011 at 11:00 a.m. EST, IET Inspec and Automation Federation, along with support from Newark's element14 engineering community and Interpower will present an interactive webinar entitled; Great Minds on Innovation, Featuring Dean Kamen.
A researcher at the National University of Singapore is attempting to develop a robot that has the ability to love like a human being. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department. Have any comments or questions about our video editions of IMPO? Or do you have a video you'd like to see featured in one of our deployments? Email me at Rachel.
A growing number of food and beverage manufacturers are turning to advanced shaft and belt alignment systems, often equipped with laser sighting. The trend, which affects diverse food sectors, is fueled by the prospect of lower energy costs, reduced downtime, and better overall machine reliability.
We can measure how prolific a baseball player is, how profitable a company may be and how effective a salesperson is at his craft. But when it comes to measuring a company’s progress in achieving organizational targets, we often make glaring errors. Rarely do we measure the right things for the right reasons.
ROCKVILLE, Md. (AP) — Lockheed Martin Corp. said Thursday it won two regional orders for a combined $72 million to help the U.S. government set up new passenger-screening equipment at about 300 airports. The orders from the Transportation Security Administration will cover airports in eastern and central states.
TALLAHASSEE, Fla. (AP) — Florida's jobless workers are facing additional hurdles to qualify for state unemployment compensation. Several new requirements go into effect Monday under a law passed this year to help reduce unemployment taxes paid by businesses. Claimants will be required to contact at least five potential employers or else meet with a state reemployment services representative each week.
WICHITA, Kan. (AP) — Engineers and technical workers at Spirit Aerosystems have voted to reject the company's contract offer. Members of the Society of Professional Engineering Employees in Aerospace voted Thursday on a 9 1/2-year contract proposal. A strike vote was not on the ballot.
YOUNGSTOWN, Ohio (AP) — A jury in Ohio has ruled in favor of Ford Motor Co. in the lawsuit of a former patrol officer severely burned in a crash in one of the automaker's police cruisers. The Vindicator of Youngstown reports the jury reached its verdict Tuesday, denying former Austintown officer Ross Linert's request for monetary damages.
TOKYO (AP) — Japan's industrial production rose for the third straight month in June as the world's No. 3 economy stages a recovery from the March 11 earthquake and tsunami. Factory output climbed 3.9 percent from the previous month and is expected to continue growing in the months ahead.
WASHINGTON (AP) — The number of people seeking unemployment benefits dropped last week to the lowest level since early April, a sign the job market may be healing after a recent slump. The Labor Department said Thursday that weekly applications fell 24,000 to a seasonally adjusted 398,000.
FaciliWorks 8i CMMS/EAM software from CyberMetrics (Phoenix, AZ) is now available in the cloud. FaciliWorks 8i can help reduce maintenance costs, improve productivity, and eliminate time and money spent on software maintenance. This software can, Track and coordinate assets, preventative maintenance schedules, personnel, tools, parts, procedures, budgets, suppliers and purchasing.
HAWKER (Ooltewah, TN) has introduced the LIFEPLUS TC3-W high-frequency smart charger, equipped with wireless capabilities for real-time data collection and monitoring. The TC3 offers four different charge profile options: Ionic—employing periodic current pulses which both identify the battery’s capacity and state of charge,this profile provides the optimal recharge with minimal heating.
Tolomatic (Hamel, MN) has expanded its line of ERD electric rod-style actuators. Enhancements such as ball screws, motor mounts for NEMA, and metric stepper and servo motors make it possible to employ ERD actuators in more types of motion control applications. All three sizes of the ERD are available, with an optional external guide system that prevent rod deflection and rotation during operation.
The Steel-Lite Series from Chloride Systems (Burgaw, NC) is ideal for locations where explosive materials may be present. The Steel-Lite Series is UL listed for Class I, Division 2, Groups A, B, C, and D; Class I, Zone 2; Class II, Division 2, Groups F and G. Standard Intelli-Charge self-diagnostics electronics continuously monitor all critical functions and the optional self-testing feature satisfies the monthly testing requirements in NFPA 101 and the IBC.
Are the nation's unemployed being discriminated against if they've been out of work for a significant amount of time? CBS News correspondent Elaine Quijano reports on the challenge to find work for people that have been unemployed for more than six months. Then, Chris Wragge talks to John Challenger, CEO of the job placement firm, Challenger, Gray and Christmas, Inc.