SOUTH SAN FRANCISCO, Calif. (AP) — Biotechnology company Exelixis Inc. plans to eliminate about 270 jobs, or around 40 percent of its staff, as it tries to save money and continue development of cancer drugs with Sanofi-Aventis SA and Bristol-Myers Squibb Co. After the market closed on Monday, Exelixis said it will cut jobs and restructure its business to focus on its most advanced drugs.
BRUSSELS (AP) — The EU on Tuesday warned the United States against protectionism after a European-led consortium pulled out of the bidding for an Air Force contract, saying the terms had been altered to favor a U.S. company. EADS, the parent company of Airbus, had partnered with Northrop Grumman to vie for the tanker project, but their consortium pulled out on Monday.
JACKSON, Miss. (AP) — Mississippi officials expressed both disappointment and disgust with a Pentagon process that prompted Northrop Grumman Corp. to drop out of the competition for an Air Force refueling tanker contract. The Northrop proposal had set off a celebration along the Mississippi Gulf Coast and the Mobile, Ala.
Yesterday, it was reported that Apple found more than a dozen serious labor law violations that needed quick fixing – keep in mind that this includes Apple’s own labor policies to which its suppliers need adhere. Similar to Wal-Mart’s green supplier push after a history of eco-PR terrorism, Apple took the initiative when an employee from a Chinese iPhone factory leapt off of the 12th floor of his apartment building after a prototype went missing.
The Lantech No Film Break stretch wrapper in action at Buffalo Rock Company, Birmingham, Alabama. Buffalo Rock Company—a private, family-owned Pepsi and Cadbury Schweppes bottler—has the flexibility to make quick decisions, so when given the opportunity to shakedown an alpha model of Lantech's patent-pending No Film Break stretch wrapping machine in 2008, the company took the offer.
RIDGID (Orlando, FL) has launched RIDGIDConnect, an online business tool designed for service professionals to securely share and store job site information via a computer, laptop, or smart phone. The online suite can store job site photos or videos, job reports, maintenance records, customer lists, and other files needed for recordkeeping.
GENEVA (AP) — Affecting products from Ford automobiles to Heinz ketchup, Brazil announced Monday a range of sanctions against American goods in retaliation for the United States' failure to eliminate billions in illegal cotton subsidies. The higher tariffs affecting dozens of products from fresh fruit to sunglasses comes after the World Trade Organization authorized Brazil last year to set $829.
LORD Corporation (Cary, NC) has produced a new aqueous primer and covercoat adhesive for bonding during vulcanization to metal, the Chemlok 8212, which is designed for use with the Chemlok 8008 Primer. The primer increases environmental resistance for the bonded assembly and adhesion to the substrate—LORD’s bonding solution works on cold rolled steel, phosphatized steel, and aluminum.
The ED210 TIME CLOCK from Computerwise, Inc. (Olathe, KS) is a large format, wall-mounted digital time display with 4” high digits. The self-contained time-of-day clock can be periodically synchronized with a designated SNTP time server located on your local network.
RIDG-U-RAK (North East, PA) introduces a turnkey rack repair solution for damaged frames and columns, which are designed to fit any manufacturer’s rack system. The repair kits are available in straight leg, slant back, and set-back designs. Features of the repair kits include: Heavy-duty horizontal and diagonal bracing, with a full length heavy-gauge rear channel, offering complete and rigid engagement with the rear column.
NEW YORK (AP) — To understand why jobs are so scarce, consider John McFarland and Nicole Rosen. The two share something in common: They're reluctant to spend freely. McFarland is CEO of Baldor Electric Co. in Fort Smith, Ark.; Rosen is a consumer in Washington state. Each is earning and saving money.
As I drove down Madison’s Beltline highway during last Friday's lovely 40-degree afternoon in search of lunch, I saw some of the first signs of spring. The city-wide blanket of snow was beginning to look like a blanket soaked in beer and run across a dirty wood floor.
DAYTON, Ohio (AP) — Four displaced autoworkers invited to the Academy Awards hope a documentary that chronicled the closing of their General Motors factory will draw attention to the plight of the jobless. The HBO film "The Last Truck: Closing of a GM Plant" was nominated for best documentary short.
NEW ORLEANS (AP) — Louisiana has reached a crossroad in its quest to catch up with other Southeast states in the automobile manufacturing business: one of its companies is on the way out, while the other is waiting to get started — both with the help of Washington, D.C. On the way out is General Motors Co.
MCMINNVILLE, Ore. (AP) — Officials at Evergreen International Aviation Inc. are shocked and disappointed to lose a contract to operate Boeing Co.'s "Dreamlifter" super freighters, the chairman of the McMinnville-based aviation services company said. The converted 747 jumbo jets fly components for Boeing's new 787 jetliners to its assembly plant in Everett, Wash.
TOLEDO, Ohio (AP) — Ohio has missed out on thousands of manufacturing jobs in the solar industry because it was slow to phase out certain taxes and make other adjustments to lure factories, a newspaper reported Sunday. Industry analysts say Ohio is fighting both the perception and reality of having a noncompetitive tax structure compared with other states.
CLEVELAND (AP) — Actor and activist Danny Glover is calling on Academy Awards nominees and others in the film industry to not wear Hugo Boss suits at Sunday's awards ceremony. The "Lethal Weapon" star, in collaboration with the Workers United labor union, made the request in a letter on behalf of 375 Cleveland-area factory workers who'll lose their jobs if the German company closes the plant at the end of next month as planned.
LOGANSPORT, Ind. (AP) — Tyson Foods Inc. suspended operations at a pork processing plant in northern Indiana after a fire damaged the facility. No injuries were reported from the Friday morning fire, which authorities say forced about 1,000 workers from the Logansport plant. Tyson spokesman Gary Mickelson says the fire involved part of the roof over the plant's slaughter area.
STEPHEN MANNING, AP Business Writer General Electric Co. said Friday that Chief Executive Jeffrey Immelt did not receive 2009 bonus, the second straight year he gave up extra pay as the industrial and financial conglomerate struggled with one of its worst years on record. GE's board of directors agreed to Immelt's request not to grant him a bonus even though it concluded he had performed well during a brutal year for the company, according a company filing with the Securities and Exchange Commission.
The holiday season always proves to be a busy time for retailers and wholesalers alike. Alexandra Foods Co., makers of the finest pierogies and Polish dumplings in the Chicago area are no different. The year-end rush for their products places an undue burden on their factory, which is unable to keep up with the amount of cardboard and plastic shipping and packing materials.