HELSINKI (AP) — Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million). The mobile network equipment maker — a joint venture between Finland's Nokia Corp. and Siemens AG of Germany — said it will reduce its five business units to three by January, and strengthen its business through partnerships and acquisitions.
NEW YORK (AP) — Toyota Motor Corp. said Monday its vehicles are not at risk of accelerating out of control unless the driver's side floor mat is improperly installed or is not meant for that vehicle. The Japanese automaker said the conclusion is the result of a U.S. government investigation into unintended acceleration of some Lexus vehicles.
CHICAGO (AP) — Tool makers Stanley Works and Black & Decker Corp. are betting that together they can wring out more profit and better position themselves for a housing market recovery than they could apart. Battered by the housing slump and economic recession, two of the industry's most iconic brands are now merging.
WASHINGTON (AP) — General Motors says it has received permission to use $2.8 billion of its government aid to help buy part of troubled auto parts supplier Delphi Corp., the automaker's former parts division. The Detroit automaker said in a regulatory filing with the U.S. Securities and Exchange Commission that the Treasury Department granted the release of $1.
JAMES PRICHARD Associated Press Writer — November 3, 2009 GRAND RAPIDS, Mich. (AP) — Wal-Mart and two other top retailers said Friday they are suspending business with a large southwestern Michigan blueberry grower after investigators found children as young as 6 working in the grower's fields.
Professionally, I’ve always considered myself a fairly progressive and forward-looking individual. Not the smoke and mirrors forward-looking that you can find at the bottom of nine out of 10 “news stories” that cross the wires, but the type that looks at something new and either sees value or, I see it as a potentially never-ending crevasse into which we will always be able to dive, but no amount of money will ever cushion the fall.
WASHINGTON (AP) — A bipartisan group of lawmakers who support Boeing ( NYSE:BA ) in its bid for a $35 billion tanker contract want President Barack Obama to force the Air Force to include a recent World Trade Organization ruling against Airbus in its decision. The WTO in September issued an interim ruling that found Airbus received illegal launch aid from European governments to build its aircraft.
MARYSVILLE, Mich. (AP) — Multiple explosions rocked a Michigan welding supply plant after an acetylene tank burst into flames on Monday, sending an employee to the hospital and prompting many homes and businesses to evacuate, authorities said. An employee at the plant in Marysville, about 50 miles northeast of Detroit, was removing a valve from the tank when it exploded, said the town's police chief, Tim Buelow.
“Bronco Winery is passionate about producing its wines with a consistent color, flavor, and mouth-feel,” says John Franzia, a co-owner in the California-based Bronco Wine Company. The metrics are staggering. Their top brand—Charles Shaw—sells for $2 in California.
A new book from Industrial Press titled Failure Mapping , offers techniques on how to enhance company effectiveness through failure maps that describe past failures accurately and succinctly. The book has been written specifically for professionals working in all levels of maintenance, including managers, engineers, and consultants.
Two new Typhoon 10 rotating water jet nozzles from NLB Corp. clean pipes as small as 5/8” in diameter. The 24-10 is ideal for applications requiring water pressure of up to 24,000 psi, while the Typhoon 15-10 is for pressures up to 15,000 psi. These self-propelling nozzles rotate at up to 7,000 rpm with a maximum flow of 10 gpm.
Hosty (Camas, WA) introduces the Trail Blazer mobile cleaning trailer for on-site or in the field cleaning. The Trail Blazer is a rugged single axle trailer unit with a 200-gallon water tank. Users can select from over 10 gas-powered pressure washers, ranging from 3 to 5.
Guardair Corporation (Chicopee, MA) have announced the addition of two new sizes to their HydroForce Power Wash Gun family: 1/2” and 3/8”. The HydroForce combines compressed air and water, resulting in an air/water jet stream perfect for heavy-duty cleaning. The power washer is designed to operate on compressed air supplied by either an in-plant or 185 tow-behind compressor, and standard municipal utility water.
ASHVILLE, N.Y. (AP) — A New York meat company has recalled almost 546,000 pounds of ground beef because, according to health officials, contaminated meat has caused illness and one death. The U.S. Department of Agriculture said Saturday the meat sold by Ashville, N.Y.-based Fairbank Farms was linked to cases of E.
DETROIT (AP) — Ford Motor Co. workers have overwhelmingly rejected contract changes that would have allowed the automaker to cut labor costs, leaving Ford at a disadvantage to its Detroit rivals as it continues its struggle to return to profitability. The United Auto Workers union had given local unions until Monday to complete voting.
TUCSON, Ariz. (AP) — Members of the Machinists Union have voted to approve a new three-year contract, averting a possible strike at Raytheon Missile Systems Inc. About 75 percent of the bargaining unit's dues-paying members met Sunday at the Tucson Convention Center and overwhelmingly approved the new contract.
NEW YORK (AP) — The new Navy assault ship USS New York, built with World Trade Center steel, arrived in its namesake city Monday with a 21-gun salute near the site of the 2001 terrorist attack. First responders, families of Sept. 11 victims and the public gathered Monday at a waterfront viewing area, where they could see the crew standing at attention along the deck of the battleship gray vessel.
LONGVIEW, Wash. (AP) — For retailers, the "100 percent recycled" label on a product is a badge of honor declaring their civic responsibility. For consumers, it's a status symbol showing their environmental awareness. For manufacturers, such as Longview Fibre Paper and Packaging Inc.
WASHINGTON (AP) — Businesses are finally willing to spend more money on equipment, a healthy sign for the economic recovery. For the first time in nearly two years, companies ponied up more money for a category called "equipment and software" in the third quarter of the year. It isn't a huge growth rate — just 1.
DEARBORN, Mich. (AP) — Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011. The automaker said Monday earnings were fueled by U.