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Daily industrial news and top headlines for plant and maintenance managers

MD Man Found Guilty In Renewable Energy Scheme

June 26, 2012 10:01 am | by Alex Dominguez, Associated Press | News | Comments

A Maryland man accused of selling millions of dollars in fraudulent renewable energy credits was convicted Monday on all 42 counts against him, including money laundering, wire fraud and violations of the Clean Air act.

MD Man Accused Of Selling Bogus Energy Credits

June 19, 2012 2:23 pm | by Alex Dominguez, Associated Press | News | Comments

A Maryland man faces trial in a $9.1M fraud case that is shedding light on problems in a renewable energy credits program run by the U.S. Environmental Protection Agency.

Olympus Whistleblower Wins Millions In Settlement

June 8, 2012 9:57 am | by Yuri Kageyama, AP Business Writer | News | Comments

Woodford sued in a British court, accusing Olympus of unlawful firing and discrimination in not treating him the same way as a Japanese executive.

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U.S. Auto Dealers Sue Indian Truck Manufacturer

June 7, 2012 2:04 pm | by Kate Brumback, Associated Press | News | Comments

Lawyers for U.S. automobile dealers said they've filed a lawsuit accusing an Indian truck manufacturer and its American counterpart of fraud, misrepresentation, and conspiracy.

Samsung Fights Apple Move To Block Galaxy Sales

June 7, 2012 1:56 pm | by Youkyung Lee, AP Technology Writer | News | Comments

The South Korean company said in a statement that it will "demonstrate to the court that the Galaxy S III is innovative and distinctive."

Former Exec Found Guilty Of Insider Trading

June 6, 2012 10:17 am | by The Associated Press | News | Comments

A former company executive was sentenced to three years in prison, suspended for five years, over insider trading in shares of a precision equipment manufacturer.

Indictments Against Former Eaton Engineers Dropped

June 1, 2012 10:17 am | by Jeff Amy, Associated Press | News | Comments

Federal prosecutors in Mississippi have dropped criminal cases against five aerospace engineers who had been accused of stealing trade secrets.

Whirlpool Advances In Fight Over Imports

May 31, 2012 2:37 pm | by The Associated Press | News | Comments

Whirlpool advanced in its battle over foreign imports after the Commerce Department reached a preliminary determination against South Korea for subsidies paid to appliance makers based there.

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CA Execs Plead Guilty To Bribing Foreign Officials

May 30, 2012 2:25 pm | by The Associated Press | News | Comments

Prosecutors say the former head of worldwide sales at a valve company has pleaded guilty to bribing foreign officials with millions of dollars to obtain contracts.

U.S. Declines To Cite China As Currency Manipulator

May 25, 2012 12:04 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The U.S. government said Friday that China has made progress in allowing its currency to rise against the dollar and declined to accuse the nation of manipulating its currency to gain a trade advantage.

China Challenges U.S. Trade Penalties At WTO

May 25, 2012 10:16 am | by The Associated Press | News | Comments

China filed WTO cases Friday challenging U.S. anti-subsidy tariffs on 22 Chinese goods including steel, widening a conflict between the two giant trading partners.

China Rules U.S. Clean Energy Support Improper

May 24, 2012 2:18 pm | by Joe McDonald, AP Business Writer | News | Comments

China's Commerce Ministry issued a ruling that U.S. government support for six renewable energy projects violated free-trade rules, the latest volley in a widening conflict over clean power.

Dow Wins $2.16B In Kuwaiti Dispute

May 24, 2012 2:10 pm | by The Associated Press | News | Comments

Dow Chemical has been awarded $2.16B in damages by an international arbitration court over for a Kuwaiti joint venture that collapsed four years ago as the global recession took hold.

EU Appeals To China To Join Emissions Talks

May 23, 2012 11:58 am | by Joe McDonald, AP Business Writer | News | Comments

In March, Airbus said Beijing was blocking orders by China's state-owned carriers for jets with a total list price of $12B in a challenge to the carbon charges.

Feds: SC Businessman Illegally Exported To Iran

May 22, 2012 2:20 pm | by Meg Kinnard, Associated Press | News | Comments

The president of a North Charleston company has been arrested and charged with illegally exporting goods to Iran and lying to agents about his trade practices, according to federal prosecutors.

EU Deepens Probe Of Planned Stainless Steel Merger

May 22, 2012 2:13 pm | by The Associated Press | News | Comments

The European Commission has opened an investigation of ThyssenKrupp AG's plan to sell its stainless steel division to Outokumpu Oyj, citing possible competition concerns.

$600K OSHA Settlement In Bostik Plant Blast

May 18, 2012 1:50 pm | by The Associated Press | News | Comments

The Labor Department says it has reached a $600,000 settlement with adhesives manufacturer Bostik Inc., over workplace safety citations related to a March 2011 explosion.

China Rejects U.S. Ruling In Solar Dumping Case

May 18, 2012 10:14 am | by Joe McDonald, AP Business Writer | News | Comments

China's government rejected a U.S. antidumping ruling against its solar power equipment makers and Chinese manufacturers warned possible higher tariffs might hurt efforts to promote clean energy.

Panel: Chemical Industry Needs Risk Guidance

May 11, 2012 1:55 pm | by The Associated Press | News | Comments

The chemical industry needs guidance in choosing alternative processing methods to reduce or eliminate hazards, a national panel said in a report released Friday.

Honda Wins Appeal Of Small-Claims Hybrid Judgment

May 9, 2012 2:14 pm | by Greg Risling, Associated Press | News | Comments

A judge overturned a nearly $10,000 small-claims judgment against Honda that was won by a car owner who said the automaker misrepresented the gas mileage of her hybrid Civic, according to a ruling released Wednesday.

Jury Deadlocks On Key Issue In Google-Oracle Trial

May 8, 2012 10:35 am | by Michael Liedtke, AP Technology Writer | News | Comments

Although the jury decided Android infringes on some of Java's copyrights, the five men and seven women on the panel were divided on whether Google's actions were permissible under "fair use" protections of U.S. law.

Ford Settles Lawsuit Over 2003 Crash

May 7, 2012 2:29 pm | by The Associated Press | News | Comments

A settlement has been reached in a lawsuit against Ford that alleged defects in tires on the Ford Bronco were a substantial factor in a crash that left a man paralyzed.

Nokia Files Suits Against HTC, RIM, Viewsonic

May 2, 2012 2:16 pm | by The Associated Press | News | Comments

Nokia says it has filed claims in the United States and Germany alleging that products from HTC Corp., Research in Motion and Viewsonic Corp. infringe a number of its patents.

NJ Stops $100M In False Unemployment Claims

May 1, 2012 2:23 pm | by Andrew Duffelmeyer | News | Comments

The department is using new hire directories to determine if beneficiaries have returned to work, and payment is stopped when a match is found.

Yahoo Escalates Patent Battle With Facebook

April 30, 2012 2:27 pm | by Michael Liedtke, AP Technology Writer | News | Comments

In court papers filed Friday, Yahoo Inc. now says Facebook's online social network infringes on 12 of its Internet patents, up from 10.

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