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Daily news and top headlines for manufacturing professionals

Suspected N. Korean Drones Reflect New Threat

April 4, 2014 11:02 am | by Hyung-Jin Kim, Associated Press | News | Comments

South Korean experts say two small drones believed to have been flown across the border by the North were crude and decidedly low-tech but underscore a potential new threat that must be taken seriously.          

GM Taking $400M Charge For Venezuelan Currency

April 4, 2014 8:19 am | News | Comments

General Motors Co. says it will take a charge of $400 million pretax in the first quarter because of a change in the way it values Venezuela's currency.                    

MH370: What Do We Know?

April 3, 2014 2:10 pm | by Todd Pitman, Associated Press | News | Comments

Not a single piece of wreckage from the lost plane has been found, not even after a new analysis led investigators to change the focus of their search yet again.                

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BMW Recalls Over 230K Cars

April 3, 2014 12:06 pm | News | Comments

German automaker BMW says it is recalling 232,000 vehicles in China after identifying a problem with a bolt used in the engine, and says it is now checking whether the same defect can also be found in other countries.      

Police Detain 18 Over China Plant Protest

April 3, 2014 10:04 am | News | Comments

Police in a southern Chinese city detained 18 people after a protest against a planned chemical plant turned violent over the weekend, local authorities said Thursday.                

U.S. Trade Deficit Hits $42.3B

April 3, 2014 8:51 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The Commerce Department says the deficit increased to $42.3 billion, 7.7 percent above the January imbalance of $39.3 billion.                      

Old Habits Embarrass Samsung, LG Abroad

April 3, 2014 8:00 am | by Youkyung Lee, AP Technology Writer | News | Comments

How could an international company that wants to be seen as an innovator and spends more than $11 billion a year on advertising and promotions so badly misjudge its audience?              

Ford's Russian Joint Venture Cutting 950 Jobs

April 2, 2014 2:12 pm | News | Comments

Ford Motor Co. says its Russian joint venture is cutting 950 jobs due to falling sales and the declining value of the ruble.                       

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IMF Leader Wants Bold Policies To Aid Recovery

April 2, 2014 12:24 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

The head of the International Monetary Fund warned Wednesday that leading nations need to embrace bold policy steps to accelerate a still-modest and fragile global economic recovery.             

German Brewers Fined $319M For Cartel

April 2, 2014 10:54 am | News | Comments

Germany's antitrust authority has fined a group of brewers 231.2 million euros ($319 million) for their part in alleged illegal beer-price fixing — the second round of punishment in the case.             

Chinese Residents Protest Chemical Plant

April 2, 2014 9:49 am | News | Comments

A southern Chinese city has vowed to listen to public opinion in deciding whether to go ahead with a petrochemical plant after protests by residents turned into violent riots.                  

EU Imposes $416M Fine On Power Cable Cartel

April 2, 2014 8:19 am | News | Comments

The European Union's antitrust authority is imposing a 302 million-euro ($416 million) fine against 11 producers of high voltage power cables for operating a cartel.                

Actavis Plans To Spend $100M On Generic Drug Maker

April 1, 2014 3:21 pm | News | Comments

Drug maker Actavis Plc plans to expand its reach into Southeast Asia by spending about $100 million to buy Silom Medical Co., a generic pharmaceutical company focused on Thailand.              

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Exxon: 'Highly Unlikely' World Limits Fossil Fuels

April 1, 2014 12:43 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

Exxon and environmental groups differ on what would cost more — severely restricting fossil fuel consumption or not doing so and allowing more carbon dioxide to build in the atmosphere.              

Response To Climate Change Will Shape Asia's Future

April 1, 2014 8:39 am | by Elaine Kurtenbach, Associated Press | News | Comments

Experts say Asia and the South Pacific, home to 4.3 billion people or 60 percent of all humankind, faces rising risks from climate change that threaten food security, public health and social order.          

Daimler Buys Lithium-Ion Battery Maker

April 1, 2014 8:01 am | News | Comments

Daimler AG is acquiring the remaining shares in a lithium-ion battery cell maker from specialty chemical company Evonik Industries AG as it intensifies its focus on electric cars.             

Marchionne: Fiat Chrysler Can Boost Output To 6M Cars

March 31, 2014 11:19 am | by Colleen Barry, AP Business Writer | News | Comments

Marchionne said the merged company will be able to increase production to more than 6 million cars a year, a level he has long said is the minimum for an automaker to compete in the global market.           

Garbage Frustrates Search For Flight 370

March 31, 2014 8:42 am | by Nick Perry, Associated Press | News | Comments

Not only is the trash a time-wasting distraction for air and sea crews searching for debris from the Malaysia Airlines flight that vanished March 8, it also points to wider problems in the world's oceans.          

Another Apple-Samsung Battle Heads To Court

March 31, 2014 8:22 am | by Martha Mendoza, AP National Writer | News | Comments

The trial will mark the latest round in a long-running series of lawsuits between the two tech giants that underscore a much larger concern about what is allowed to be patented.              

Costs Of Climate Change Tough To Tally

March 31, 2014 8:19 am | by Elaine Kurtenbach, AP Business Writer | News | Comments

Advisers to the Intergovernmental Panel on Climate Change say that the world economy may suffer losses of between 0.2 percent and 2 percent of income if temperatures rise by 2 degrees from recent levels.         

Fiat Chrysler Aims For 4.5M Car Sales In 2014

March 31, 2014 7:55 am | by Colleen Barry, AP Business Writer | News | Comments

Fiat and Chrysler CEO Sergio Marchionne says the combined automaker aims to sell 4.5 million to 4.6 million cars this year.                      

Manufacturing.net Rewind: Defective Chinese Dolls; Toilet Tech

March 28, 2014 2:27 pm | News | Comments

Check out some of this week's top headlines from across Manufacturing.net, from Wal-Mart's recall of 174,000 doll from China to reinventing the toilet.                   

Head Of VW's Lone U.S. Plant Going Back To Germany

March 28, 2014 12:38 pm | News | Comments

Frank Fischer, who has headed Volkswagen's only U.S. plant in Chattanooga since its construction, is leaving to manage the automaker's factory in Emden, Germany.                

Russian Craft Docks With Space Station

March 28, 2014 12:15 pm | by Alicia Chang, AP Science Writer | News | Comments

Arriving fashionably late, a Russian spacecraft carrying three astronauts docked with the International Space Station Thursday evening 250 miles over Brazil.                 

Technology Hindered, Helped Search For Missing Plane

March 28, 2014 8:35 am | by Scott Mayerowitz, AP Airlines Writer | News | Comments

The limitations of tracking and communications devices allowed the plane to vanish from sight for nearly three weeks. But satellites' advanced capabilities have provided hope that the mystery won't go unsolved.          

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