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Davos Turn Eye To China's Investments Abroad

January 26, 2012 | by Frank Jordans, Associated Press | Comments

Chinese investment abroad is drawing scrutiny as global leaders increasingly look to China to prop up the world economy.

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Daily news and top headlines for manufacturing professionals

S.C. Tribe Suing Beer Companies For Alcohol Problems

February 9, 2012 4:23 pm | by Grant Schulte, Associated Press | Comments

The Oglala Sioux Tribe wants $500M in damages from the world's biggest beer makers for health care and child rehabilitation costs caused by chronic alcoholism

MTI Systems Announces Record 2011 Sales Growth

February 9, 2012 11:48 am | Comments

The provider of cost estimating software saw significant growth in bookings and number of new customers — both in the U.S. and overseas.

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Kodak To Stop Making Cameras, Digital Frames

February 9, 2012 10:47 am | Comments

Founded by George Eastman in 1880, Kodak had long been an innovator, but it was unable to keep pace with the shift from film to digital technology.

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US Jobs Gap Between Young And Old Is Widest Ever

February 9, 2012 10:42 am | by Hope Yen, Associated Press | Comments

An analysis by the Pew Research Center shows that America's youth are less likely to be employed than at any time since World War II.

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China's Auto Sales Fall 24 Pct, Hit By Holiday

February 9, 2012 9:35 am | by Elaine Kurtenbach, AP Business Writer | Comments

The year of the dragon rolled in with a whimper instead of a roar as automakers reported heavy declines, such as Ford seeing sales drop 42 percent.

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GM Creates Training Center At Buffalo-Area Plant

February 9, 2012 9:32 am | Comments

Current and future employees will be taught about quality, safety and manufacturing as the plant gears up for three new engine lines.

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Feds Charge Chinese Firm With Trade Secret Theft

February 9, 2012 9:29 am | by Paul Elias, Associated Press | Comments

Prosecutors allege Pangang Group, owned by the Chinese government, conspired with a California couple to steal secrets on how to manufacture titanium oxide.

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German Court Rejects Apple's Bid To Ban Samsung Tablet

February 9, 2012 9:23 am | Comments

The ruling said Samsung had changed the design of the Galaxy Tab to the extent that the new model did not breach Apple's rights.

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US To Vote On 1st Nuclear Reactor Since 1978

February 9, 2012 9:20 am | by Matthew Daly, Associated Press | Comments

The planned reactors are the remnants of a once-anticipated building boom that the power industry dubbed the "nuclear renaissance."

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Ford CFO Booth To Retire

February 9, 2012 9:19 am | by Tom Krisher, AP Auto Writer | Comments

Chief Financial Officer Lewis Booth and global product development chief Derrick Kuzak both will retire April 1.

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Unemployment Aid Applications Near A 4-Year Low

February 9, 2012 9:17 am | by Christopher S. Rugaber, AP Economics Writer | Comments

The Labor Department said applications for unemployment benefits fell 15,000 to a seasonally adjusted 358,000, the the second-lowest level since April 2008.

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Vita Coco Settles Nutrition Lawsuit

February 9, 2012 9:02 am | Comments

Makers of Vita Coco have settled a lawsuit claiming its top-selling coconut water drinks do not provide the nutrients promised.

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Toyota Adding Jobs At Indiana Plant

February 9, 2012 8:59 am | Comments

Automaker says it will expand its factory in Princeton, Ind., and add 400 jobs so it can build more Highlander SUVs.

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Rambus, Nvidia Ink Patent Licensing Deal

February 9, 2012 8:50 am | Comments

Technology licensing company said Wednesday it has signed a licensing agreement with chip maker Nvidia Corp. to settle a long-running patent dispute.

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Tassimo Coffee Makers Recalled

February 9, 2012 8:48 am | by Jennifer C. Kerr, Associated Press | Comments

More than a million coffee makers are being recalled after dozens of reports of the brewers spraying hot liquid, coffee grounds or tea leaves onto people.

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Pepsico Cutting 8,700 Jobs

February 9, 2012 8:45 am | by Mae Anderson, AP Business Writer | Comments

PepsiCo plans to cut 8,700 jobs as it seeks to offset high commodity costs and increases investment in advertising and marketing in North America.

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3M Names Thulin To Replace Retiring Buckley As CEO

February 8, 2012 2:43 pm | by Samantha Bomkamp, AP Business Writer | Comments

The maker of Post-Its and Scotch Tape has named a new executive, current COO Inge Thulin, as George Buckley hits the company's mandatory retirement age.

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Hyundai's Veloster Doesn't Look Like A Gas Sipper

February 8, 2012 2:32 pm | by Ann M. Job, For The Associated Press | Comments

With sporty styling and standard high-tech features, the South Korean automaker's latest offering gets a miserly 40 mpg on the highway.

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Chinese Copper Company Opening In Alabama

February 8, 2012 12:35 pm | Comments

Golden Dragon Copper is planning a $100 million facility in Wilcox County, and could bring between 300 and 500 jobs to the region.

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Canada, China Sign Investment, Energy Agreements

February 8, 2012 9:32 am | by Gillian Wong, Associated Press | Comments

"Diversifying our markets is a key priority for Canada," said Canadian Prime Minister Stephen Harper, who wants to push oil sales.

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