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Daily industrial news and top headlines for plant and maintenance managers

GM Surprises; Sandy Recovery Begins

October 31, 2012 3:04 pm | by Reuters

GM has posted a surprisingly strong third-quarte profit. But the big news is it's expected to break even in Europe by 2015, despite nearly $1.8 billion estimated in full year operating loss in Europe, where it sells its Opal brand. And Facebook stock is falling while Foxconn gives a boost to Apple with its possible future venture with Sharp. All this after the market  reopened after its first two-day weather closure since 1888.

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Lithuanian Firm Takes Charge Of Local EV Market

October 31, 2012 1:16 pm | by Reuters

A Lithuanian business is looking to kickstart the country's electric car economy by manufacturing its own modified version of a ten-year-old petrol-fuelled Renault Twingo. In a country where fewer than five percent of car-owners buy their vehicles first hand, PB Group say they hope to sell their modified 'Electron Twingo' by the end of the year.

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Change Of The Guard Cuts Uncertainty

October 30, 2012 12:37 pm | by Reuters

As Apple announces the biggest executive changes in a decade, board director and Reuters columnist Lucy Marcus discusses the motives behind quick corporate reshuffles. How are they made, and how are they executed—both internally and externally?

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Hurricane Sandy's Impact On Sectors, Stocks

October 29, 2012 1:50 pm | by Reuters

The latest on Hurricane Sandy and on sectors that stand to benefit or lose from the impact of the storm. The hardest hit sectors of the economy could be retail, utiilties, insurance, and airlines, says Reuters Lisa Bernhard and Dan Burns, U.S. General news editor.

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A Look At The Motorcycle Of The Future

October 26, 2012 1:12 pm | by Time

The C-1, built by Lit Motors, is meant to have the efficiency of a motorcycle with the protection of a car. It's a fully-enclosed, self-balancing motorcycle that has 220 miles-per-charge and goes from 0 MPH to 60 MPH in about six seconds. Have a look...

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CAT Warns Of Future Challenges

October 25, 2012 1:29 pm | by CNN Money

Construction equipment giant Caterpillar warned of challenges for the rest of the year and 2013, a trend among many big multinational firms. CAT cut its forecast for 2012 and gave sales guidance for 2013 that was below Wall Street's estimates.

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Pankaj Ghemawat: Actually, the World Isn't Flat

October 24, 2012 3:51 pm | by Ted

It may seem that we're living in a borderless world where ideas, goods and people flow freely from nation to nation. We're not even close, says Pankaj Ghemawat. With great data (and an eye-opening survey), he argues that there's a delta between perception and reality in a world that's maybe not so hyperconnected after all.

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Vineyard Robot Will Prune Like A Pro

October 24, 2012 3:49 pm | by Reuters

A French engineer is offering wine-growers an efficient way to prune their vines without breaking their back - a robot designed to do it for them. While Wall-Ye (pron: Wall-Yee) the robot is still a work in progress, wine growers who've seen it are drinking to its potential.

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A Look Inside A Google Data Center

October 24, 2012 3:48 pm | by CBS News

Tech giant Google has data centers around the world. Here's an exclusive look inside one of them in North Carolina. Google is opening a virtual window into the secretive data centers where an intricate maze of computers process Internet search requests, show YouTube video clips, and distribute email for millions of people.

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What You Need To Know About The iPad Mini

October 24, 2012 3:47 pm | by Time

Apple has announced the long-rumored 7.9-inch iPad Mini. The company unveiled the iPad Mini on Tuesday, with a screen about two-thirds the size of the full model, and half the weight. Customers can begin ordering the new model on Friday. Here's what you need to know...

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Heading To China... To Find Work?

October 24, 2012 12:48 pm | by CNN Money

Stuck in a dead-end job in the States, 25-year-old Jon Levine moved around the world to try his luck in China. It's a surprising move, even for someone who was unemployed and underemployed at points in his professional career. This is his story.

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3XSQ: The Global Slowdown

October 23, 2012 1:37 pm | by Reuters

In today's 3XSQ, U.S. industrials are suffering from reduced demand overseas and a stronger dollar. DuPont is suffering from weak demand and global economic uncertainty, Yahoo gets a boost from Wall Street, and a UK chipmaker that supplies Apple is seeing a great quarter with the nearing release of the new iPad Mini.

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Gas Guzzlers Need To Go On A Diet

October 22, 2012 12:12 pm | by CNN Money

CNN's Fareed Zakaria reports that cars have gotten increasingly heavier, and says Americans can save money by putting gas guzzlers on a diet. He talks with Amory Lovins, chief scientist with the Rocky Mountain Institute, about Lovins design for the lighter car of the future.

China Hoists Recovery Signals

October 19, 2012 2:04 pm | by ReutersTV

China has reported a seventh consecutive quarter of slowing economic growth, but as the once a decade leadership transition looms, signs of a recovery are starting to emerge. Tim Condon, head of Asia Pacific Research, ING, says that China's third quarter may have been the low point, and the world's second-largest economy is moving on.

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Auto Industry Czar: Volt Is Irrelevant To GM's Bottom Line

October 18, 2012 12:53 pm | by Reuters

Steve Rattner, the former auto industry czar, says that the Chevy Volt is irrelevant to GM's bottom line but that the auto industry has never been more efficient. The problems that remain are the complete opposite of what affected the industry during the auto bailouts.

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Catching Quadrocopters Bring Teamwork To Unmanned Flight

October 17, 2012 3:35 pm | by Reuters

Quadrocopters that can play catch with each other are providing a glimpse at the future of coordinated, autonomous drone technology. Their creators in Zurich say the copters have potential application in both the military and civilian worlds, with ever-improving technology that allows them to work as a well-coordinated team.

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Intel Needs To Be More Like Apple

October 17, 2012 3:30 pm | by CNN Money

We're in the thick of earnings season, and chip leader Intel's shares tumbled in early trading on Wednesday. Intel is still wedded to the PC market, which Apple has "completely disrupted" with its iPad tablet. Intel has been late to the mobile and tablet game and it's hurting the company's earnings.

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Mercedes GL Wins Motor Trend SUV Of The Year

October 17, 2012 3:26 pm | by CNN Money

The Mercedes Benz GL won Motor Trend's SUV of the Year award in a contest that pitted it against 10 other sport utilities. To be eligible for the competition, the vehicle either has to be completely new or substantially redesigned for the 2012 model year. The 2013 Mercedes GL swept the SUV of the Year award because of its performance, design, and value.

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Apple's China Manufacturing Model Under Threat

October 17, 2012 3:21 pm | by ReutersTV

Once, recruitment centers attracted thousands looking for work a day, but now big crowds are hard to find. Companies like Foxconn, which assembles most of the world's iPads and iPhones, are struggling to find workers to fill their massive facilities as more young Chinese shun the factory floor.

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Trading At Noon: Banks And Tech On The Radar

October 17, 2012 1:42 pm | by Reuters

Reuters' Lisa Bernhard and Ernest Scheyder take a look at unexpected earnings from Bank of America as Citigroup post-Pandit looks positive, and a 'big deal' in the chip space as chip makers look to be on the cutting edge, especially as consumers get more and more into mobile devices.

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