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Mine Safety Lab Creates Disasters To Train
June 19, 2013 | by Vicki Smith, Associated Press | News | Comments
This is the magic of the Running Right Leadership Academy, a $23 million training complex dedicated to teaching miners how to avoid injury and death in any disaster, and in one of the most dangerous work environments. Alpha Natural Resources calls it the only facility of its kind in the world, a place where crises can be created but controlled, giving miners realistic preparation for the day they hope will never come.
Chrysler Agrees To Recall Jeeps At Risk Of Fire
June 19, 2013 8:09 am | by Dee-Ann Durbin and Tom Krisher, AP Auto Writers | News | Comments
But the recall, which came in an 11th-hour deal between the automaker and the National Highway...
Ark. AG Seeks To Uphold Verdict Against J&J
June 19, 2013 7:40 am | by Andrew DeMillo, Associated Press | News | Comments
Arkansas' attorney general filed a brief Tuesday backed by his counterparts in 35 other states...
Tesla Model S Recall For Rear Seat Latch Issue
June 19, 2013 7:42 am | News | Comments
Tesla is recalling as many as 1,228 of its Model S vehicles, citing a problem with a rear seat...
Waste Can Become Business
June 19, 2013 1:43 pm | by Suley Muratoglu, vice president, Marketing & Product Management, Tetra Pak Inc. | Articles | CommentsIt can rot in the field, go bad during processing, spoil at the grocery store or get tossed in the garbage by the consumer. For food producers, processors and manufacturers with the foresight and ingenuity to tackle this problem, there is more than a cautionary tale here — there is real business opportunity.
A Supply Chain With No Weak Links
June 19, 2013 1:36 pm | by Rowmark | Articles | CommentsIncluded in this growth has been an increase in the number of clients with unique requests of Sportech, which has provided increased uncertainty in their TPO needs. In search of a supplier that could keep up with their growth and handle this unpredictability, Sportech turned to Rowmark’s Premier Material Concepts (PMC).
Porsche Tops Annual Survey Of Vehicle Quality
June 19, 2013 1:23 pm | News | CommentsPorsche is the top performer in an annual survey of new vehicle quality. J.D. Power questioned more than 83,000 U.S. car owners about problems with their 2013 vehicles in the first 90 days of ownership. In the results released Wednesday, Porsche, GMC, Lexus, Infiniti and Chevrolet owners reported the fewest problems.
Unmanned Aircraft Struggle To Shed 'Drone' Image
June 19, 2013 12:51 pm | by Sarah DiLorenzo, AP Business Writer | News | CommentsThat word conjures up pilotless planes dropping bombs or spying in war zones. But industry officials and regulators say the day is coming when unmanned aircraft will be regularly used for more mundane purposes — and people will be at ease with them appearing in their skies.
Export Revival Underway For Small Businesses
June 19, 2013 12:48 pm | by Joyce M. Rosenberg, AP Business Writer | News | CommentsResearch shows an increase in overseas sales by companies already exporting, and a growing interest in exporting among those who have yet to test the international waters. Exporters say demand for their goods, from clothing to blankets to crop dusting planes, is rising.
Kolcraft Recalls Strollers Due To Wheel Blowouts
June 19, 2013 12:46 pm | News | CommentsThe government watchdog group said there have been 39 reports of inner tube ruptures that have caused the wheel rim to break off and become a projectile. The incidents took place mostly when the tires were being inflated, causing cuts and bruises to arms, legs, torso and head or face.
United Tech Sees Possible Impact From Court Order
June 19, 2013 11:33 am | by Stephen Singer, Associated Press | News | CommentsJudge Thomas M. Rose of the U.S. Southern District Court of Ohio issued the order Monday. The Hartford, Conn., aerospace company said in a regulatory filing Tuesday that it will appeal the order. With damages, penalties and interest, United Technologies said the penalty would rise to about $660 million.
Senators Seek Cost Cuts For F-35 Fighter Jet
June 19, 2013 11:29 am | by Bradley Klapper, Associated Press | News | CommentsSenators are seeking cost-cutting opportunities in the Pentagon's $400 billion program for the next-generation F-35, a fighter jet with a troubled testing record that military leaders say America cannot afford not to build. Chairing the hearing, Sen. Dick Durbin on Wednesday compared the F-35's history to a textbook on how not to develop a plane.
Xerox To Sell Western European Paper Business
June 19, 2013 11:27 am | News | CommentsXerox, based in Norwalk, Conn., sold its U.S. and Canadian paper businesses earlier this year. The copier company said it is focusing on growing its business services and document technologies. Xerox doesn't make paper but has distributed a range of papers and specialty print media through its brand name.
Obama Renews Calls For Nuclear Reductions
June 19, 2013 10:32 am | by Julie Pace, Associated Press | News | CommentsIssuing an appeal for a new citizen activism in the free world, President Barack Obama renewed his call Wednesday to reduce U.S. and Russian nuclear stockpiles and to confront climate change, a danger he called "the global threat of our time."
Not 'Tired' Of Yokohama
June 19, 2013 10:30 am | by Nathan Gregory, The Commercial Dispatch | News | CommentsCustomers of George's Tire in West Point are specifically ordering Yokohama's car and light truck tires, said owner Todd Glusenkamp. Glusenkamp said he has seen an overall sales increase of about 20 percent to 30 percent since he started distributing Yokohama tires just over a month ago.
Obama Warns EU Over High Youth Unemployment
June 19, 2013 10:01 am | News | CommentsObama said at a news conference in Berlin Wednesday that he has confidence in the eurozone's policies to resolve the 17-nation bloc's debt crisis, but also warned that policymakers must not lead to lose sight "of our main goal, which is to make people's life better."
EU Fines Pharma Firms Over Generics Delay
June 19, 2013 10:00 am | News | CommentsThe European Union has fined Danish pharmaceuticals multinational Lundbeck and several other producers a combined 146 million euros ($195 million) for delaying the market entry of cheaper generic alternatives to a major antidepressant. The EU claimed that the companies sought to capitalize profit at the expense of patients.
Alcatel-Lucent Plans Overhaul, Big Cost Cuts
June 19, 2013 9:59 am | News | CommentsTelecommunications equipment manufacturer Alcatel-Lucent launched a major effort Wednesday to boost its fortunes by shedding businesses and jobs as part of a deep cost cutting program. Shares rose nearly 5 percent on the announcement, as investors hope that the plan brings the solid profits that have eluded the Paris-based company for years.
Japan Formally OKs New Nuke Safety Requirements
June 19, 2013 8:21 am | News | CommentsJapan's nuclear watchdog has formally approved new safety requirements for atomic plants, paving the way for the reopening of facilities shut down since the Fukushima disaster. The new requirements approved Wednesday by the Nuclear Regulation Authority will take effect on July 8, when operators will be able to apply for inspections.
Bribery Trial Of Former Finmeccanica CEO Opens
June 19, 2013 7:49 am | by Colleen Barry, AP Business Writer | News | CommentsThe former head of Italian aerospace and defense giant Finmeccanica , accused by prosecutors of making bribery part of the company culture, went on trial Wednesday for his alleged role in the payment of bribes to secure a crucial $670 million helicopter contract in India.
China's Wanda Buys Luxury Yacht Maker Sunseeker
June 19, 2013 7:45 am | by Christopher Bodeen, Associated Press | News | CommentsChinese property and cinema conglomerate Dalian Wanda Group said Wednesday it is buying British yacht maker Sunseeker and will develop a high-end London hotel, expanding into the luxury market as part of the latest foray abroad by a major Chinese firm.
FDA Investigates Zyprexa Patient Deaths
June 19, 2013 7:34 am | News | CommentsThe Food and Drug Administration says the patients died three to four days after receiving an appropriate dose of the drug known as Zyprexa Relprevv. They had very high levels of olanzapine in their blood. That is the chemical compound behind Zyprexa. High levels of olanzapine can lead to cardiac arrest, irregular heartbeats, sedation or comas.
GM Breaks Ground On China Cadillac Plant
June 19, 2013 5:14 am | News | CommentsGeneral Motors Co. executives broke ground for a new Cadillac factory in China on Wednesday to target luxury buyers in the world's biggest auto market, though they said the segment would grow slower than expected this year.
Equipment Financing Means Flexible Solutions For Unique Business Needs
June 18, 2013 5:58 pm | by William G. Sutton, CAE President and CEO, Equipment Leasing and Finance Association | Articles | CommentsAcquiring equipment through leasing and other financing methods is more flexible and customizable to meet unique business needs than most funding options. This makes equipment finance a perfect fit for startups and small businesses, both of which may have trouble getting traditional bank loans.
