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Daily news and top headlines for manufacturing professionals

Japanese Nuclear Plant Deemed Safe

July 17, 2014 10:57 am | by Mari Yamaguchi, Associated Press | News | Comments

A Japanese nuclear plant won preliminary approval for meeting stringent post-Fukushima safety requirements, clearing a major hurdle toward becoming the first to restart under the tighter rules.          

Airbus Beats Boeing In Farnborough Orders Race

July 17, 2014 9:49 am | News | Comments

Airbus beat rival Boeing in the aircraft order stakes at this year's Farnborough Airshow, garnering nearly twice as many orders and commitments.                    

Ghosn: Japan's Goal For Female Bosses Goal Too Ambitious

July 17, 2014 8:23 am | by Yuri Kageyama, AP Business Writer | News | Comments

Nissan's chief executive, who has long made a point of promoting women to management positions, said the Japanese prime minister's plan to boost female bosses to 30 percent by 2020 is too ambitious.                

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Obama Aims To Stop Corporate Overseas Tax Moves

July 17, 2014 8:06 am | by Tom Murphy, AP Business Writer | News | Comments

The Obama administration is urging Congress to act swiftly to curtail a growing trend in which U.S. corporations reorganize overseas with foreign entities in part to trim their tax bills back home.            

Pickup In China's Growth Reassuring But No Game Changer

July 17, 2014 8:03 am | News | Comments

A pickup in China's growth has fortified confidence the world's second-biggest economy is stabilizing as the past decade's explosive growth decelerates to the 7 percent range.                  

UAE Plans First Arab Spaceship To Mars

July 16, 2014 11:33 am | by Aya Batrawy, Associated Press | News | Comments

The United Arab Emirates, already home to the world's tallest tower, is now reaching for the stars, with plans to send the first Arab spaceship to Mars in 2021.                   

Toyota To Delay Some Vehicle Deliveries Due To Soot

July 16, 2014 8:12 am | News | Comments

Toyota Motor Corp. said it expects to delay the delivery of about 23,000 vehicles by up to a month while it cleans up soot spewed from a Nippon Steel & Sumitomo Metal Corp. plant in central Japan.         

Sausage Makers Fined $460M For Price-Fixing

July 15, 2014 9:35 am | News | Comments

Germany's antitrust authority has imposed fines totaling $460 million on 21 sausage manufacturers for colluding on prices.                       

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China Indicts Corporate Investigators Involved In GSK Probe

July 15, 2014 8:25 am | News | Comments

Humphrey and Yu are part of an industry of investigators who help corporate clients screen potential partners and employees or watch for embezzlement and other employee misconduct.                 

Sharp May Buy Apple's LCD Production Facility

July 15, 2014 7:57 am | News | Comments

Struggling electronics maker Sharp Corp. is in talks to buy out Apple Inc.'s liquid crystal display production facility at a Sharp plant in Kameyama, Mie Prefecture, an industry source said.                     

WTO Sides With China And India In U.S. Trade Disputes

July 14, 2014 12:03 pm | News | Comments

The world trade body has ruled against the United States in two disputes with India and China, telling the U.S. government it must abide by international rules.                            

ConAgra Buying Chinese Potato Processor For $93M

July 14, 2014 11:26 am | News | Comments

ConAgra Foods Inc., the company behind Chef Boyardee canned pasta, said Monday that it bought a Chinese potato processor for $93 million to help it sell more frozen potato products in Asia.              

Halliburton Enters Into Energy Joint Venture In China

July 14, 2014 9:59 am | News | Comments

Halliburton said it is entering its first joint venture in China that will use hydraulic fracturing, or fracking, to unleash energy.                          

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Samsung Suspends Chinese Supplier

July 14, 2014 8:12 am | by Youkyung Lee, AP Technology Writer | News | Comments

The South Korean company, which is the world's biggest smartphone maker, said in its blog Monday that it had found possible evidence of child labor and illegal hiring at Dongguan Shinyang Electronics Co.              

Gov't Sets Duties On Steel Pipe Imports

July 14, 2014 8:08 am | News | Comments

The U.S. government has imposed duties on imports of steel pipe from South Korea, India and seven other countries, ruling in favor of U.S. steel producers and unions that had complained those countries were unfairly flooding the American market.

China Accused Of 'Gluttonous, Naked Aggression'

July 11, 2014 2:10 pm | by Matthew Pennington, Associated Press | News | Comments

"Any military in the world that uses its power to bully, intimidate and destabilize the economy of the world, is not in the United States' best interests, nor of our allies nor our friends," Rep. Rogers said.          

Tesla Sued In China For $3.85M

July 11, 2014 10:17 am | by The Street | Videos | Comments

Electric car-maker Tesla is being sued in China for trademark infringement. Chinese businessman Zhan Baosheng is suing the company over Tesla's trademark, which he registered in both Chinese and English in 2006, before the company arrived in China.

LG Unveils 18-Inch Flexible Display

July 11, 2014 8:32 am | by Youkyung Lee, AP Technology Writer | News | Comments

LG Display Co. has developed an 18-inch flexible display that can be rolled into the shape of a thin cylinder, a step toward making a large display for flexible TVs.              

Whirlpool Buys $1B Stake In Italy's Indesit

July 11, 2014 8:21 am | News | Comments

Whirlpool will pay more than $1 billion for a controlling stake in Indesit, the appliance maker's counterpart in Italy.                            

U.S., China Tackle Cyberhacking Amid New Allegations

July 11, 2014 8:15 am | by Bradley Klapper and Louise Watt, Associated Press | News | Comments

Top American officials said Thursday they challenged their counterparts in China to rein in alleged cybersecurity infringements as a new allegation emerged of a brazen attempt by Chinese hackers to break into U.S. government personnel files.       

Robot Writes Torah At Berlin Museum

July 11, 2014 7:59 am | by Kirsten Grieshaber, Associated Press | News | Comments

The robot's quill runs across the paper scroll, from right to left, scribbling down ancient Hebrew letters with black ink. It is penning down the Torah, the Jews' holy scripture, and it is doing it much faster than a rabbi could because it doesn't need to take breaks.

Wisconsin Gave Money To 2 Companies That Outsourced Jobs

July 11, 2014 7:49 am | News | Comments

Both Eaton Corporation and Plexus Corporation received millions of dollars in financial awards from WEDC, only to later lay off workers whose jobs were taken by employees at the companies' foreign facilities.            

Chinese Export Growth Edges Up To 7.2 Percent

July 10, 2014 3:27 pm | by Kelvin Chan, AP Business Writer | News | Comments

China's export growth edged higher in June in a small sign of improvement for the world's second biggest economy as it undergoes an uneven recovery.                 

France Pleads For New EU Economic Strategy

July 10, 2014 1:03 pm | News | Comments

France's economy minister is blaming European authorities for the lack of growth in France and Europe, and says it's time for a new economic policy that shuns austerity measures.            

Samsung Faces New Child Labor Claim In China

July 10, 2014 7:35 am | by Youkyung Lee, AP Technology Writer | News | Comments

Samsung is facing a fresh accusation that one of its China suppliers hired children to meet production targets during a period of high demand from the South Korean electronics giant.                  

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