Avon said Thursday that it could pay up to $132 million to settle a long-running bribery investigation and posted another loss, its fourth over the past five quarters. The beauty products direct seller has been cutting costs, eliminating jobs and leaving markets as its sales decline.
A windy stretch of the Mojave Desert once roamed by tortoises and coyotes has been transformed by hundreds of thousands of mirrors into the largest solar power plant of its type in the world, a milestone for a growing industry that is testing the balance between wilderness conservation and the pursuit of green energy across the West.
Although social engineering often ultimately leads to a cyber attacks, it may not start out that way. It may start with someone pretending to be a customer or the CEO’s friend, telephoning your company and tricking someone to give out information they should not be divulging.
Francois Hollande holds up the U.S. tech industry as an economic success that he hopes to replicate at home. But he's also been among the leaders of Europe's fight to prevent what the continent sees as a systematic attempt by tech firms to invade privacy and avoid paying their corporate fair share.
End users use air guns or homemade devices to clean that are unsafe and do not meet OSHA regulations. For example, we have seen a device constructed out of a ball valve and a piece of pipe. If the tip on this homemade device were to become blocked, full line pressure would be built up behind the blockage — this could be hazardous.
Dow Chemical is rejecting a push by a major shareholder to break off its petrochemicals division. Dan Loeb's Third Point LLC revealed a significant stake last month in the Midland, Mich., company and immediately advocated for a separation of the division from others that have fared better.
A sinkhole collapsed part of the National Corvette Museum in Kentucky on Wednesday, damaging at least six cars there but not shutting down the facility. Bowling Green city spokeswoman Kim Lancaster said the hole opened up at about 5:40 a.m. CST Wednesday, setting off an alarm and a call to the fire department.
A pipeline ruptured at a coal-processing plant Tuesday, sending 108,000 gallons of coal slurry into a Kanawha River tributary, about 18 miles upstream from where a large chemical spill at a different plant tainted drinking water for 300,000 people a month ago.
The Indiana Economic Development Corp. says auto parts supplier Shiloh Die Cast Midwest will expand two of its northern Indiana plants, creating about 145 new jobs by 2018. The agency said Shiloh will invest $7.8 million to renovate and equip a 120,000 square-foot plant in Auburn and a 100,000 square-foot plant in the Kosciusko County town of Pierceton.
Villagers in southwestern China infuriated by a factory that was polluting the environment smashed its offices and equipment, and later clashed with police, underscoring the potential for such concerns to trigger violent unrest.
Billboards near the Chattanooga plant have linked the UAW to shuttered auto plants in Detroit, and Republican U.S. Sen. Bob Corker repeatedly returned to the city's bleak fate during a press conference Tuesday.
Wholesale distribution companies are under increasing pressure to reassert their role in the broader supply network. Direct-to-consumer sales by manufacturers threaten to erode margins. The launch of AmazonSupply.com sets the stage for B2B buyers to take advantage of economies of scale that are virtually impossible for mid-market distributors to match.
The families believe smokestacks from Whirlpool's huge washing machine plant in Clyde sent a chemical compound suspected of causing cancer into the neighborhoods of several children who were among the first diagnosed. Whirlpool, based in Benton Harbor, Mich., has maintained that there is no scientific or medical fact to back up the allegations.
Top executives from Google, Microsoft, Yahoo, Facebook, AOL, LinkedIn and Twitter published a joint statement and sent a letter Tuesday to President Barack Obama and members of Congress. The coalition urges changes that would include a government agreement not to collect bulk data from Internet communications.
A $16 million upgrade of a manufacturing facility in Shreveport means new jobs in north Louisiana. Gov. Bobby Jindal and Lubrication Technologies Inc. CEO Chris Bame announced the project Monday. They say the project will create 75 new jobs with an average annual salary of more than $41,400 per year.
Washington suspended the benefits last June, two months after the collapse of the Rana Plaza factory building in Dhaka that killed 1,129 people. The disaster put a grim spotlight on low wages and lax safety in the impoverished nation's lucrative apparel business that exports nearly $5 billion annually to the U.S.
U.S. wholesale businesses increased their stockpiles in December at the slowest pace since last summer, another sign that the economy lost some momentum at the end of 2013. The Commerce Department says wholesalers boosted stockpiles by 0.3 percent in December from November, smallest gain since July.
A Northern California slaughterhouse has voluntary halted operations after recalling more than 8.7 million pounds of beef products. The recall, which began Jan. 13, was expanded on Saturday to include just over a year's worth of meat products processed by Rancho Feeding Corp. in Petaluma.
Leading cancer experts say Europe's antiquated drug regulatory system is stopping children from getting life-saving medicines and are calling for changes that would remove a loophole that allows companies to skip developing medicines for children already approved for adults.
A flavoring manufacturer in Oakdale has been cited by the U.S. Labor Department's Occupational Safety and Health Administration after a fire last year severely burned a worker. OSHA on Monday cited Carol Callahan, doing business as Natural Advantage, for 19 serious violations at the facility. Proposed penalties total $91,000.
Swiss food and drink giant Nestlé and French cosmetics company L'Oréal have approved a deal to transfer ownership of Swiss dermatology pharmaceuticals company Galderma. The companies say L'Oréal will buy 48.5 million of its own shares, or 8 percent of its share capital, from Nestlé and give Nestlé its 50 percent stake in Galderma, which has been a 50/50 joint venture between them.
Growth has marched steadily downward over the past two years as Beijing clamped down on a spending boom that analysts worry has pushed debt to dangerous levels. That has meant less Chinese demand for imported goods from copper and cement to factory machinery and earth movers.
Monday afternoon's blast at the New Hampshire Ball Bearings Inc. plant in Peterborough is being investigated but all indications were that it was an industrial-related incident, said Peterborough Fire Department spokesman Eric Bowman. There didn't appear to be any environmental damage.
Metrics are often derived or calculated from a multitude of measures or from data. Metrics give us a progress report or a status level of some type of performance. Data is a raw output of a process or a test or an experiment. Most times data is not useful until it is turned into some form of information by an analysis of some kind.
There is still a far greater emotional response to a factory closing than to an engineering firm opening. It’s not that plant closings are trivial, or that engineering is somehow superior. But there may be a problem with our focus on factories in that it takes energy away from aggressively developing more advanced services.