Missouri Gov. Jay Nixon plans to sign legislation that would offer up to $1.7 billion in tax breaks to Boeing Co. over more than two decades to entice the aerospace company to bring the production of its 777X jetliner to the state.
After years of development, supplier searches and assembly, Boeing began to ship out its long-awaited, high-tech 787 “Dreamliner” jet to airlines globally throughout 2012 and well into 2013. Again and again, things just didn't go to plan.
While most every company does everything in its power to ensure that safe, comfortable place to work, accidents do happen. Even though they’re tragic, and perhaps could have been prevented, they teach critical lessons in the never-ending chase to make manufacturing — an inherently dangerous business — safer than ever.
U.S. wholesale businesses boosted their stockpiles in October by the most in two years as their sales rose sharply, encouraging signs for economic growth in the final three months of the year.Wholesale stockpiles grew 1.4 percent in October, the Commerce Department reported Tuesday.
Attorney General Bill Sorrell says the states filed a friend-of-the-court brief asking the high court to relax the standard that lower courts use to award attorneys' fees to prevailing parties in some patent cases.
U.S. employers advertised the most job openings in more than five years in October, and the number of people quitting also reached a five-year high. The figures are an encouraging sign for the unemployed.The Labor Department said Tuesday that job openings rose 1 percent to a seasonally adjusted 3.93 million.
Attorneys for a former BP drilling engineer have asked the judge in the case to declare a mistrial. In a filing Tuesday, Kurt Mix's attorneys argued a prosecutor's questioning of a witness on Monday amounted to injecting unsupported accusations of misconduct against Mix.
While RFID (radio-frequency identification) technology has long ago entered into the consumer space — everything from smartphones to pets are loaded with data-laden tags — it’s had a more rocky experience in the industrial space. But that didn't stop Whirlpool from testing the technology, with re-writable surface tags, to display crucial information about a rack at-a-glance or display errors when something goes wrong.
General Motors product development chief Mary Barra has been named the company's new CEO, the first female head of a U.S. car company.Barra, 51, will replace Dan Akerson on Jan. 15. Barra currently holds what many say is the most important job in the company — senior vice president for global product development.
Union County College will have five industrial skill assessment machines on display during the presentation; the Mechanical Skills assessment machine, Electrical Skills assessment machine, PLC Skills assessment machine, Process Control assessment machine, and the CNC Skills assessment machine.
Wichita-based Koch Industries Inc. has completed its $7.2 billion purchase of an Illinois company that makes electronic components and cables. Koch says it is paying $38.50 per Molex Inc. share in cash, plus 18 cents per share, representing a pro-rata portion of the regular quarterly cash dividend.
In a statement, the Commission's antitrust chief, Joaquin Almunia, said the two companies "shockingly deprived patients in the Netherlands, including people suffering from cancer, from access to a cheaper version of this medicine."
Wal-Mart Stores is promoting David Cheesewright to president and CEO of its international business. The 51-year-old Cheesewright succeeds Doug McMillon, who last month was named the next president and CEO of the world's biggest retailer. McMillon succeeds Mike Duke.
Chipmakers Rambus and Micron Technology said Tuesday that they signed a broad patent license agreement and settled all of the patent disputes between them. The news sent shares of Rambus Inc. up $1.17, or 14 percent, to $9.70 in premarket trading. Shares of Micron technology Inc. rose 28 cents to $23.40.
The European Food Safety Authority has found that the artificial sweetener aspartame is safe for people to consume at the levels currently used in diet soft drinks. After conducting a major review of evidence, the agency said Tuesday it has ruled out any "potential risk of aspartame causing damage to genes and inducing cancer."
The Bonneville Power Administration can create lightning on demand in a little-known laboratory at Vancouver's Ross Complex substation. It's one way the federal power marketing agency can make sure that some 15,000 miles of power lines on the regional grid won't succumb to the forces of nature.
A Dutch luxury bus company is testing technology — already used in the mining industry — that monitors whether a driver is becoming drowsy.Royal Beuk BV said Tuesday it is outfitting 20 vehicles with a system designed by Australian company Seeing Machines.
Beech-Nut is selling its former baby food production plant in the Mohawk Valley to a company specializing in the rehabilitation of old industrial buildings.Local media outlets report that the Lenzburg, Switzerland-based Hero Group, Beech-Nut's parent company, closed last Friday on a deal selling the facility to TD Development LLC.
Global defense contractor BAE Systems PLC says it us cutting 135 jobs at its York facility over the next three months. The company said Monday that the York plant is nearing the lowest production levels in its 30-plus year history.
Need a hand lifting something? A robotic device invented by University of Pennsylvania engineering students can help its wearer carry an additional 40 pounds.Titan Arm looks and sounds like part of a superhero's costume. But its creators say it's designed for ordinary people.