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Daily industrial news and top headlines for plant and maintenance managers

It Will Take Decades to Close Gender Wage Gap, Study Says

March 13, 2015 2:47 pm | by CBS This Morning

A new report from the Institute for Women's Policy Research forecasts the national gender wage gap will close in the year 2058. That means women will not receive equal pay for the next 43 years.

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Lumber Liquidators CEO Makes Surprising Admission

March 13, 2015 2:34 pm | by CBS News

During a Thursday morning conference call, Lumber Liquidators CEO Rob Lynch responded to a "60 Minutes" report that exposed excessive levels of cancer-causing formaldehyde in the glue used to bind the company's wood. 

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The Dollar is Making a Comeback

March 12, 2015 3:35 pm | by Maura Falk, Associate Editor

At the end of Wednesday the dollar ended at its highest value of $1.05 against the euro in 12 years. This isn’t the end either, according to analyst the dollar could very well become even more valuable in the coming days. But who is winning and losing with the strengthening dollar?

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Why More People Quitting Their Jobs is a Good Sign

March 12, 2015 3:13 pm | by NewsyBusiness

The Bureau of Labor Statistics reported more Americans are quitting their jobs, which could be an indicator of a healthy economy.

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It's Getting Easier to Get a Job

March 11, 2015 1:10 pm | by CNNMoney

There are 1.7 job seekers for every one opening. At the height of the recession, it was nearly 7. Plus, more people are saying "take this job and shove it," a sign of confidence in the labor market.

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Dunkin' Donuts Dropping Chemical in Powdered Sugar

March 11, 2015 1:03 pm | by CNNMoney

Dunkin' Donuts is removing titanium dioxide from its dougnuts after being pressured by an activist group.

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Is the Worst Over For GM and Mary Barra?

March 10, 2015 3:31 pm | by CNNMoney

GM shares rise on news of a big stock buyback and are near a 52-week high. The company has bounced back from the worst of its 2014 recall woes.

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Why Cheap Oil Doesn't Stop the Drilling

March 10, 2015 3:15 pm | by Bloomberg Business

If oil rigs lead to new wells, fewer rigs should lead to less oil, right? Not necessarily.

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A Look at ELF, the Solar-Powered Bicycle-Car Hybrid

March 9, 2015 3:07 pm | by CBS News

It's called the ELF, a solar-powered bike-car hybrid that's turning up in cities across the country. Costing $5,500, the transportation requires no insurance or gasoline. 

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Fixing the Exploding Oil Train Problem

March 6, 2015 2:13 pm | by Bloomberg Business

Bloomberg Businessweek's Matt Philips discusses the impact of oil train explosions on the Keystone XL Pipeline debate. 

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A Different Kind of Electric Car

March 6, 2015 2:07 pm | by The Verge

Unveiled at the 2015 Geneva Motor Show, the Quant F and its more affordable version, the Quantino, are a pair of electric cars using nano flow cell technology for their power reserve.

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Investigation Shines a Light on Workers Compensation Cuts

March 5, 2015 3:09 pm | by Maura Falk, Associate Editor

ProPublica and NPR recently released a joint investigation that had some startling results. It found that workers compensation benefits and access to such benefits has been drastically reduced as of late, benefiting employers and insurance companies. 

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The Driverless Car, Officially, Is a Risk

March 5, 2015 2:57 pm | by Wall Street Journal

Three insurance suppliers and an auto parts maker have warned in their most recent annual reports that driverless cars and the technology behind them could one day disrupt the way they do business

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What's up with Trucks? Record Sales in February

March 4, 2015 2:33 pm | by USA Today Money

Trucks, SUV's and vans saw record all-new vehicle sales, what's behind it all?

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This is the $952K Zenvo ST1 Supercar

March 3, 2015 3:19 pm | by Bloomberg Business

Zenvo, a supercar manufacturer from Denmark, have built the 1104 horsepower $952,000 ST1. But they want to do more than build a light, fast car, they want to build a brand that can survive in a market renowned for failure. 

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Cuban Cigar Industry Prepares for U.S. Demand

March 2, 2015 2:57 pm | by CNNMoney

As relations between the U.S. and Cuba thaw, Cuban cigar makers are challenged with increasing productivity without compromising quality.

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Electric Cars Still Technology of the Future: Ghosn

March 2, 2015 2:49 pm | by Bloomberg Business

Carlos Ghosn, CEO at Renault, talks with Caroline Hyde about the growth of electric car technology, why development of autonomous vehicles will take at least 10 years and his outlook for car sales in Russia. 

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Cargo Backlog Grows on West Coast Ports

February 27, 2015 1:36 pm | by CBS News

There are 36 ships anchored offshore waiting to get into the ports of Los Angeles and Long Beach. Despite a new contract for dockworkers, there's still an enormous backlog of cargo waiting to be shipped overseas.

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Is the Craft Beer Market Getting Too Crowded?

February 27, 2015 1:23 pm | by Bloomberg Business

Chris Gallant, co-founder of The Bronx Brewery, discusses his beer business with Bloomberg's Pimm Fox.

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Check Out Caterpillar's Viral Marketing Success

February 26, 2015 3:26 pm | by CNNMoney

Sometimes it pays off when companies produce fun, creative advertisements. CEO Doug Oberhelman explains why the Caterpillar made the popular Jenga Youtube commercial.

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