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Daily industrial news and top headlines for plant and maintenance managers

Report: Internet Fuels Rapid Expansion Of Counterfeit Goods

October 14, 2015 12:45 pm | by Andy Szal, Digital Reporter

The analysis by NetNames, ­­­a London-based corporate Internet firm, said that counterfeiting expands by 15 percent each year and now costs more than $1.8 trillion annually — more than 2 percent of total global economic output.


Apple Could Owe $862M In Damages Over Patent Infringement

October 14, 2015 10:22 am | by Andy Szal, Digital Reporter

Tuesday's verdict represented the first of three phases in the lawsuit, which was filed by the Wisconsin Alumni Research Foundation in early 2014.


Recently Named Head Of VW North America Will Not Take Post

October 14, 2015 10:14 am | by David McHugh and Tom Krisher, AP Business Writers

One of the company's most experienced managers will not be coming to lead the company's response in the United States as it faces possible heavy fines from the Environmental Protection Agency.


U.S. Producer Prices Fell In September Because Of Cheaper Gas

October 14, 2015 10:05 am | by Josh Boak, AP Economics Writer

The Labor Department said Wednesday that the producer price index, which measures price changes before they reach the consumer, dropped 0.5 percent last month after being unchanged in August. 


Toyota Aims To Nearly Eliminate Gasoline Cars By 2050

October 14, 2015 9:54 am | by Yuri Kageyama, AP Business Writer

The automaker promised to involve governments, affiliated companies and other "stakeholders" in its push to reduce average emissions from Toyota cars by 90 percent by about 2050, compared with 2010 levels.


Swedish Paper Giant SCA To Buy Wausau Paper

October 14, 2015 8:20 am | by Andy Szal, Digital Reporter

Each company's board unanimously approved the merger agreement. Pending shareholder and regulatory approval, the transaction is expected to close in early 2016.


China September Imports Plunge In New Sign Of Weakness

October 13, 2015 2:21 pm | by Joe McDonald, AP Business Writer

Weakness in trade has fueled doubts Beijing can hit its economic growth target this year of about 7 percent.


Massachusetts Nuclear Power Plant To Close By 2019

October 13, 2015 2:14 pm | by Mark Pratt, Associated Press

The decision comes about a month after federal inspectors downgraded the plant's safety rating to the lowest level and said they would increase oversight in the wake of a shutdown during a winter storm. 


DOE Supports $2.2B Hydrogen Fuel Industry With $20M Funding

October 13, 2015 1:58 pm | by Megan Crouse, Real-Time Digital Reporter

The hydrogen and fuel cell market is growing rapidly. According to the DOE’s Fuel Cell Technologies Market Report from 2014, the industry grew by almost $1 billion in 2014, and reached $2.2 billion in sales.


Survey: Distributors Expect To Add Mobile, Voice Tech In Coming Years

October 13, 2015 1:39 pm | by Andy Szal, Digital Reporter

The upgrades are expected to increase order fulfillment speed and accuracy while reducing costs. 


Report: Pepsi, Coke Each Hope To Invest In Chobani

October 13, 2015 1:18 pm | by Andy Szal, Digital Reporter

Chobani, according to Reuters, hopes to partner with a company that will allow for an expansion of its manufacturing and distribution.


Russian Surveillance System Can Detect Camouflage

October 13, 2015 1:11 pm | by Andy Szal, Digital Reporter

United Instrument Manufacturing Corporation said that the system relies on the spectral radiation emitted by every material instead of on the human field of vision.


BP To Reimburse Louisiana $58.2M For Legal Fees, Other Costs

October 13, 2015 10:27 am | by The Associated Press

BP will reimburse the Louisiana Attorney General's Office $58.2 million for its expenses, fees and litigation costs tied to the 2010 oil spill disaster in the Gulf of Mexico.


Blast Rocks Tianjin, 2 Months After Fatal Explosion

October 13, 2015 10:19 am | by The Associated Press

The official Xinhua News Agency reported Tuesday that a blast hit a warehouse for alcohol materials in the city Monday night and started a fire.


World's Biggest Beer Makers Agree To Join Forces

October 13, 2015 10:08 am | by Raf Casert and Pan Pylas, Associated Press

The sheer scale of the deal is likely to run into resistance from regulators, notably in the U.S. and China, amid concerns it could stifle competition and decrease choice for consumers.


New Tesla Software Will Implement Autonomous Features

October 13, 2015 9:33 am | by Andy Szal, Digital Reporter

Tesla CEO Elon Musk announced the upgrade via Twitter over the weekend. The self-driving system, called Autopilot, helps steer the car on the highway and while parallel parking.


Amazon Announces New IoT Platform

October 13, 2015 8:30 am | by Andy Szal, Digital Reporter

The platform offers companies a pay-as-you-go system to connect devices, applications and cloud services while storing and analyzing the massive amounts of generated data.


Despite Online Complaints, PepsiCo Officials Aren’t Worried About New Diet Pepsi

October 12, 2015 2:28 pm | by Andy Szal, Digital Reporter

In August, the company began selling Diet Pepsi sweetened with sucralose instead of the more controversial artificial sweetener aspartame.


Dell Buying EMC In Transformational $67B Deal

October 12, 2015 2:14 pm | by Mae Anderson, AP Technology Writer

The acquisition shifts the focus at Dell, once a pioneer in the personal computer business, away from hardware like PCs to the more profitable areas of storage and other business services.


Report: VW Brand Could Lose $10B In Value After Emissions Scandal

October 12, 2015 1:59 pm | by Andy Szal, Digital Reporter

Brand Finance noted that VW's brand focused heavily on reliability and environmental responsibility.



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