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Daily news and top headlines for manufacturing professionals

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.                  

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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.              

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.             

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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.                      

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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.          

Japan Nuclear Worker Dies In Mudslide

March 28, 2014 8:13 am | News | Comments

A worker died Friday at the Japanese nuclear plant devastated by the 2011 tsunami after getting buried in a mudslide, in the first death from an accident during efforts to control and decommission the facility.        

GM's Opel To Pull Out Of China

March 28, 2014 8:01 am | News | Comments

General Motors Co.'s Opel unit will end its small presence in the Chinese market — a decision its chief executive describes as long-overdue.                   

U.S. First Lady Prods Beijing

March 27, 2014 11:15 am | by Nancy Benac, Associated Press | News | Comments

Mrs. Obama's words cautiously veered from soft subjects such as the value of education and people-to-people exchanges into more pointed messages about the importance of Internet freedom, open expression and respect for minorities.     

Greenpeace Taking P&G Protests Worldwide

March 27, 2014 8:17 am | News | Comments

Greenpeace activists who staged a daring demonstration at Procter & Gamble Co. headquarters in Cincinnati have taken their message worldwide with protests in five more countries.              

ANA Orders $17B In Jets From Airbus, Boeing

March 27, 2014 7:40 am | News | Comments

ANA is ordering 70 aircraft with a list price of 1.7 trillion yen ($17 billion) from Boeing Co. and Airbus, in the largest order in the Japanese carrier's history.                 

Two Trade Pacts Could Jumpstart U.S. Exports

March 26, 2014 2:20 pm | by Joyce M. Rosenberg, AP Business Writer | News | Comments

The Trans-Pacific Partnership with 11 other countries in or bordering the Pacific Ocean would create $124 billion in U.S. exports each year, according to the Peterson Institute for International Economics, a think-tank.          

Global Unrest Does Affect U.S. Manufacturing

March 26, 2014 9:53 am | by Anna Wells, Executive Editor, Industrial Maintenance & Plant Operation | Blogs | Comments

As tensions between Russia and the United States continue to increase, global businesses will face disruption and, for some, opportunity.                                  

U.S. Claims Victory In Trade Dispute With China

March 26, 2014 9:31 am | by The Associated Press | News | Comments

The United States is claiming victory in what it calls a major trade dispute with China over its curbs on exports of rare earths, the minerals used in mobile phones, hybrid cars, flat-screen TVs and other high-tech products.        

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