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Does It Matter If We Beat The Recall Record?

April 23, 2014 5:21 pm | by Tia Nowack, Associate Editor, IMPO | Blogs | Comments

Just one quarter of the way through 2014, we’ve already topped 9 million vehicles recalled in the U.S. And the numbers keep rising.                     

Honeywell Aerospace Expanding In Puerto Rico

April 23, 2014 2:15 pm | News | Comments

Gov. Alejandro Garcia Padilla says the Arizona-based aerospace industry company is opening a...

Textron Cutting 750 Cessna, Beechcraft Jobs

April 23, 2014 12:15 pm | News | Comments

Just over a month after buying Beechcraft for $1.4 billion, Textron announced 750 job cuts at...

Labor Department Cuts Coal Dust Levels

April 23, 2014 12:05 pm | by Frederic J. Frommer, Associated Press | News | Comments

The Obama administration said Wednesday it is cutting the amount of coal dust allowed in coal...

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Skechers Sprints To Multi-Year Highs After Boston Marathon

April 23, 2014 11:43 am | News | Comments

Skechers is trading near four-year highs during a banner week in which the winner of the Boston Marathon crossed the finish line wearing its shoes and a day later, it blew away Wall Street's expectations for the first quarter.     

Survey: China Manufacturing Continues To Shrink

April 23, 2014 9:34 am | News | Comments

Factory activity in China shrank for the fourth straight month in April, though the decline was slightly slower, a survey said, in a possible sign the slowdown in the world's No. 2 economy is stabilizing.           

Motorola Mobility Opens Chicago Headquarters

April 23, 2014 8:47 am | News | Comments

Smartphone maker Motorola Mobility has moved its headquarters and 2,000 employees to Chicago's Merchandise Mart.                        

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Faster Production Brings Boeing $965M Profit

April 23, 2014 8:19 am | by Scott Mayerowitz, AP Airlines Writer | News | Comments

In the first three months of this year, 161 new airplanes rolled off the company's assembly lines. That increased rate — in part — helped Boeing post a $965 million profit in the first quarter.           

EPA Scales Back Biofuel Mandate

April 23, 2014 7:56 am | by Dina Cappiello, Associated Press | News | Comments

The Obama administration is significantly reducing the amount of cellulosic biofuels refiners will have to prove they blended into gasoline last year, acknowledging that the market lagged far behind government projections.     

GM, Lawyers Fighting Over Bankruptcy Protections

April 23, 2014 7:52 am | by Tom Krisher and Dee-Ann Durbin, AP Auto Writers | News | Comments

Lawyers who are suing GM say it shouldn't get the usual benefits of bankruptcy protection because it concealed a deadly ignition switch problem when the court was making bankruptcy decisions.              

Toyota Sells 2.58M Vehicles, Keeps Top Spot

April 23, 2014 7:49 am | by Yuri Kageyama, AP Business Writer | News | Comments

Toyota said it sold a record 2.583 million vehicles in the January-March period, putting the Japanese automaker ahead of GM at 2.42 million and Volkswagen at 2.4 million.                 

What To Look For When Considering Mexico

April 22, 2014 3:37 pm | by Doug Donahue, Vice President, Entrada Group | Articles | Comments

For companies whose processes are labor-intensive, cost reduction is often paramount, and the Bajio delivers.                               

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GM Restructuring Engineering After Recall

April 22, 2014 12:52 pm | by Dee-Ann Durbin, AP Auto Writer | News | Comments

General Motors is adding 35 product safety investigators as part of a larger restructuring in response to a series of safety recalls.                     

Novartis, Glaxo, Lilly In Multibillion-Dollar Deals

April 22, 2014 12:22 pm | by John Heilprin, Associated Press | News | Comments

Swiss pharmaceutical giant Novartis announced a series of multibillion-dollar deals with other major pharmaceutical companies that it said would reduce sales but boost profitability, while affecting some 15,000 of its employees globally.       

Frank Lloyd Wright Tower Opens To The Public

April 22, 2014 11:54 am | by M.L. Johnson, Associated Press | News | Comments

Frank Lloyd Wright fans will get their first look at one of his most unusual buildings, an industrial tower with a tree-like design, when a home products company opens its former research and development center to the public this spring.   

U.S. Investigating Mexican Sugar Exports, Price

April 22, 2014 11:41 am | by Janet McConnaughey, Associated Press | News | Comments

The U.S. Commerce Department is investigating allegations that Mexico is exporting far more sugar than it has in the past and selling it in the U.S. at below fair market price.              

FDA Plan Would Speed Medical Device Approvals

April 22, 2014 11:06 am | News | Comments

The Food and Drug Administration unveiled a proposal Tuesday designed to speed up development and approval of medical devices that treat life-threatening diseases and debilitating conditions.            

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Tesla Plans Expansion In China

April 22, 2014 8:54 am | by Joe McDonald, AP Business Writer | News | Comments

Tesla delivered its first eight electric sedans to customers in China on Tuesday and CEO Elon Musk said the company will build a nationwide network of charging stations and service centers as fast as it can.         

CAT CEO's Compensation Cut To $12M

April 22, 2014 8:50 am | by David Koenig, AP Business Writer | News | Comments

Caterpillar cut the value of its CEO's pay package by 32 percent to $12 million in 2013, a year when the heavy machinery maker saw its profits fall by a third, according to an Associated Press analysis.         

No New Safety Laws A Year After Texas Plant Blast

April 22, 2014 8:07 am | by Nomaan Merchant, Associated Press | News | Comments

Despite investigations that have yielded new information about safety deficiencies at the plant in West and voluntary safety steps taken by the fertilizer industry, there hasn't been a single state or federal law passed since the explosion requiring change.

Man Convicted For Fatal N.H. Explosion On Trial

April 22, 2014 8:01 am | by Patrick Whittle, Associated Press | News | Comments

A Vermont man convicted for the 2010 explosion that killed two workers at a New Hampshire gunpowder plant is on trial for wire fraud, but defense attorneys say he was trying to create jobs, not defraud the government.          

GM Wants More Protection From Lawsuits

April 22, 2014 7:46 am | by Tom Krisher and Dee-Ann Durbin, AP Auto Writers | News | Comments

General Motors Co. has filed suit in a U.S. bankruptcy court asking a judge to protect the company from legal claims for actions that took place before it emerged from bankruptcy in 2009.                

No End In Sight For China Shoe Factory Strike

April 22, 2014 7:40 am | by Didi Tang and Kelvin K. Chan, Associated Press | News | Comments

Workers on strike at a Chinese factory owned by the world's largest maker of athletic shoes have rejected management's latest offer in an ongoing labor dispute that is crimping production for brands such as Nike and Adidas.        

Automating Purchasing, Production & Customer Service on Three Continent

April 21, 2014 9:57 am | Videos | Comments

IDT uses Microsoft Dynamics AX ERP software, implemented by Edgewater Fullscope, to support new products and market expansion, as well as address traceability requirements. IDT processes over 25,000 products per day and has over 86,000 customers around the world.

Albuquerque Leaders Propose Site For Tesla

April 21, 2014 9:49 am | News | Comments

Some Albuquerque leaders are suggesting a site on the city's west side as a location for Tesla Motors' planned new plant to manufacture batteries for its electric cars.               

UAW Withdraws Volkswagen Vote Appeal

April 21, 2014 8:29 am | by Erik Schelzig, Associated Press | News | Comments

In a Monday statement, the UAW says it will instead focus on a congressional investigation into an anti-unionization campaign by Republican politicians and outside groups.                

Fiat And Chrysler Building 3 Jeep Models In China

April 21, 2014 8:02 am | News | Comments

Fiat and Chrysler announced plans to build three new Jeep models in China for that market, the biggest for the vehicles outside the U.S., as they attempt to boost sales in a country where they lag behind their competitors.      

Ammunition Plant Explosion Ruled Accidental

April 21, 2014 7:53 am | News | Comments

The deadly explosion at a McEwen ammunition plant was accidental, according to a preliminary investigation by the Bureau of Alcohol, Tobacco, Firearms and Explosives.                

GM To Boost China Production Capacity To 5M

April 21, 2014 7:49 am | News | Comments

The president of General Motors said Sunday that the company and local partners are boosting production capacity for GM-brand vehicles in China to 5 million.                 

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