The acquisition would give China the intellectual property of the world's fifth-largest tire maker, while giving Pirelli greater access to the world's largest auto market amid potential competition in Asia from Michelin and Continental.
Over the next five years we expect rapid adoption of collaborative robots in most major manufacturing markets. The adoption may be slow at first, as this is a new technology for many manufacturers and requires a new way of thinking about robots.
"This is my kind of transaction," said Buffett in a printed statement. "Uniting two world-class organizations and delivering shareholder value. I'm excited by the opportunities for what this new combined organization will achieve."
Although the proposal easily recalls imagery from science fiction, the system would only temporarily shield targets and would not protect against shrapnel or other debris.
“It is not appropriate for the person designing a better light bulb to be telling Americans how to make a better sandwich," Booren said. "Sustainability is a complex issue best left to those with the necessary expertise.”
UAW is a top stockholder in GM and therefore has an interest in keeping labor costs in check, but the contract negotiations are set to begin during a tumultuous time for organized labor.
The agency issued warning letters to companies regarding skin and hair products indicating they should either remove those claims or seek FDA approval.
Rep. Ed Whitfield of Kentucky unveiled a draft bill that would allow governors to veto compliance with the federal rule if the governor determines it would cause significant rate hikes for electricity or harm reliability in the state.
The economy across the 19-country eurozone appears to be gaining momentum as a closely-watched survey Tuesday found business activity hit a near four-year high in March.
Silicon Valley start-up Ubiquitous Energy is making the world’s first transparent solar cells, a technology that could greatly expand the reach of solar power.
The truck generates 11.8 tons less CO2 per year than a diesel equivalent, BMW said in a press release. The electric drive train also means that is quiet, and produces almost no particle pollution.
Public pressure on drug manufacturers coupled with some companies’ opposition to the practice has cut off supplies, leading to shortages of the drugs used in lethal injections.
The legalization of fracking in North Carolina comes amid calls for restrictions on the practice from environmental advocates. New York last year become the first state with substantial shale deposits to ban fracking.
Wilson Sporting Goods Co. announced Monday it would pay $70 million to acquire Louisville Slugger from Hillerich & Bradsby Co.
The latest version of the LM2500 can produce up to 34 megawatts each and ramp up from zero to full power in just 10 minutes. Here are some of its applications.
The numbers signaled a "slight deterioration" in Chinese manufacturing, said the report, which found decreases in sub-indexes for new orders, new export orders and employment.
An FBI affidavit says Freedom knew about critical flaws at its Charleston plant but never dealt with them. Federal investigators have said holes in a corroded tank's floor and roof likely helped cause the spill.
For this edition, I’ve got all things tech on the brain, including a profile of Apple’s design mastermind, an essay on why respecting your fellow manufacturer matters and my favorite gadget from SXSW.
ABC’s Lana Zak investigates the efforts being made to get more girls into technology fields.
The hard science is aimed at developing new varieties of wheat at a time when the gluten-free industry is worth nearly a billion dollars a year in the U.S. alone.