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Clinton: Protect Obama's Environmental Actions At All Costs

December 2, 2014 | by Deepti Hajela, The Associated Press | Comments

Former Secretary of State Hillary Rodham Clinton said steps President Barack Obama has taken to help the environment must be protected at all costs. Clinton spoke Monday at a dinner of the League of Conservation Voters in New York as she weighs another presidential...

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Today in Manufacturing

Daily news and top headlines for manufacturing professionals

ND Fines Company $687K For Disposal Violations

December 17, 2014 4:23 pm | by The Associated Press | Comments

North Dakota regulators have assessed a $687,000 fine against a Utah company for allegedly violating saltwater waste disposal rules. The North Dakota Industrial Commission that includes Gov. Jack Dalrymple approved the sanction on Wednesday against Redemption Energy LLC. Officials say the company...

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NY Will Move To Prohibit Fracking

December 17, 2014 4:02 pm | by Mary Esch, The Associated Press | Comments

Gov. Andrew Cuomo's administration will move to prevent fracking in the state, citing unresolved health issues and dubious economic benefits of the widely used gas-drilling technique. Environmental Commissioner Joe Martens said Wednesday that he was recommending a ban, and Cuomo said he would...

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3 Tips For Mid-Market Companies Seeking To Implement Big Data

December 17, 2014 3:59 pm | by Kevin Beasley, CIO at VAI | Comments

Typically when we think of big data, we think of large corporations that have the tools and resources to make sense of all their data. However, mid-market companies are beginning to explore how to leverage big data effectively, too. Like larger corporations, mid-market companies can experience many...

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Apple Stops Sales In Russia

December 17, 2014 3:56 pm | by The Associated Press | Comments

Apple has halted online sales of its iPhones, iPads and other products in Russia amid financial turmoil triggered by the steep decline in the country's currency. The ruble plunged by as much as 20 percent Tuesday, even after Russia's central bank increased interest rates sharply in an attempt to shore up the...

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Sony Under Attack From Hackers And Ex-Employees

December 17, 2014 2:27 pm | by Bernard Condon, AP Business Writer | Comments

Threats of violence against movie theaters. Cancelled showings of "The Interview." Leaks of thousands more private emails. Lawsuits by former employees that could cost tens of millions in damages. The fallout from the hack that began four weeks ago exploded Tuesday after the shadowy group calling themselves...

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State Approves Grants For Pork Processing Plant

December 17, 2014 2:09 pm | by The Associated Press | Comments

The Michigan Strategic Fund has approved $12.5 million in grants to support the construction of a 550,000-square-foot pork processing facility. The Clemens Food Group operation will be in Coldwater Township. It is expected to create more than 800 jobs and $255 million in total investments. Grant money will go...

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Grand Jury Indicts 4 In WV Chemical Spill Case

December 17, 2014 12:26 pm | by John Raby, The Associated Press | Comments

A grand jury has indicted four former executives of a chemical company on pollution charges in a spill that prompted a drinking water ban for 300,000 West Virginia residents. An indictment unsealed Wednesday charges ex-Freedom Industries presidents Gary Southern and Dennis P. Farrell and two...

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Union Sues To Block Sale Of Bucksport Paper Mill

December 17, 2014 12:19 pm | by The Associated Press | Comments

A union representing some workers at the 84-year-old Verso Paper mill has filed a federal lawsuit to halt the sale of the facility. The International Association of Machinists and Aerospace Workers, representing 59 employees, is asking the court to block the sale to a scrap metal company and open the...

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Fed Pondering Change In Rate Hike Signals

December 17, 2014 11:48 am | by Martin Crutsinger, AP Economics Writer | Comments

The U.S. economy is finally doing better, and the Federal Reserve may be ready to acknowledge that fact. In a statement it will issue Wednesday after two days of discussion, the Fed may no longer say it plans to keep a key interest rate near zero for a "considerable time." Dropping that language would be...

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U.S. Current Account Deficit Rises To $100.3B

December 17, 2014 11:23 am | by Josh Boak, AP Economics Writer | Comments

The U.S. current account trade deficit widened slightly in the July-September quarter, largely due to foreign institutions paying less in fines and penalties to the U.S. government. The Commerce Department said Wednesday that the deficit in the current account rose to $100.3 billion in the third...

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Russia's Sinking Economy Becoming A Global Threat

December 17, 2014 11:08 am | by Josh Boak, AP Economics Writer | Comments

Russia's suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. With economies in Europe, Japan, China and Latin America already ailing, fresh threats have emerged from Russia's shriveled currency, its move to dramatically boost interest rates, the...

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U.S. Consumer Prices Fell 0.3% In November

December 17, 2014 10:24 am | by Josh Boak, AP Economics Writer | Comments

Plunging gasoline costs pulled U.S. consumer prices lower in November, muting inflation across the entire economy. The Labor Department said Wednesday the inflation reading fell a seasonally-adjusted 0.3 percent last month, after prices were flat in October. Gas costs plummeted 10.5 percent in...

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FDA Requires Calorie Labels For Alcohol On Menus

December 17, 2014 10:11 am | by Mary Clare Jalonick, The Associated Press | Comments

Don't want to be confronted with the number of calories in that margarita or craft beer? Then avoid the menu and order at the bar.New menu labeling rules from the Food and Drug Administration will require chain restaurants with 20 or more outlets to list the amount of calories in alcoholic...

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OR Certifies Recount Results: GMO Labels Lost

December 17, 2014 10:08 am | by Jonathan J. Cooper, The Associated Press | Comments

Secretary of State Kate Brown has certified recount results showing the defeat of a ballot measure to require labels on genetically modified foods, officially making Oregon the fourth state in the West to reject the idea. Brown certified the final numbers Monday showing Measure 92 was defeated by 837 votes out of...

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Senate Approves New Auto Safety Chief

December 17, 2014 10:05 am | by Joan Lowy, The Associated Press | Comments

The Senate on Tuesday confirmed a new administrator to lead the government's auto safety agency, which faces complaints that regulators bungled two high-profile recalls involving faulty ignition switches and exploding air bags. Mark Rosekind, 59, a leading expert on human fatigue, was approved by...

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Powdered Alcohol? Not So Fast, Lawmakers Say

December 17, 2014 9:47 am | by Ivan Moreno, The Associated Press | Comments

Powdered alcohol hasn't even arrived in stores yet, but states already are moving to ban the product touted by its inventor as an easy way to mix a drink on the go. Colorado is the latest state considering prohibiting "Palcohol" amid concern it will increase underage drinking. The product is marketed as an ounce of rum...

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OPEC Net Oil Export Revenues Expected To Fall

December 17, 2014 9:26 am | by U.S. Energy Information Administration‎ | Comments

Based on crude oil market assessments in the Short-Term Energy Outlook, EIA estimates that members of the Organization of the Petroleum Exporting Countries (OPEC), excluding Iran, will earn about $700 billion in revenue from net oil exports in 2014, a 14% decrease from 2013 earnings and the lowest earnings...

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Industrial Growth: What’s Next For GE In 2015

December 16, 2014 5:04 pm | by GE Reports | Comments

Each December, GE Chairman and CEO Jeff Immelt gives investors insight into what the New Year will look like. In some ways, it will resemble 2014. His goal is to keep steering the company to a place where 75 percent of earnings come from GE’s core industrial businesses and 25 percent from its financial arm, GE Capital. Over the...

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Lockheed Martin To Settle Suit

December 16, 2014 4:55 pm | by Jim Suhr, The Associated Press | Comments

Lockheed Martin Corp. has agreed to settle a class-action lawsuit accusing the aerospace and defense company of mismanaging the investment accounts of its employees and retirees. Terms of the tentative settlement announced Tuesday in federal court in East St. Louis, Illinois, weren't released. The deal averts a...

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NC Group Wants Duke Energy To Slow Building

December 16, 2014 4:47 pm | by Emery P. Dalesio, The Associated Press | Comments

A North Carolina group advocating renewable energy said Tuesday it is pressing federal regulators to investigate whether Duke Energy should buy power from other Southeast electric companies and build fewer power plants that cost consumers. NC WARN said it is asking the Federal Energy Regulatory Commission...

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