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Daily news and top headlines for manufacturing professionals

Obama Touts Middle-Class Task Force

January 30, 2009 8:27 am | by Philip Elliott, Associated Press Writer | News | Comments

President Barack Obama signed a series of executive orders Friday that he said should 'level the playing field' for labor unions in their struggles with management.

Lawmaker Suggests Boeing, Northrop Split Tanker Work

January 30, 2009 5:40 am | Boeing | News | Comments

Chairman of the House Appropriations Subcommittee on Defense says he favors splitting a potential $40 billion Air Force tanker refueling contract between two rival aircraft giants.

Employment Costs Slow Down In 2008

January 30, 2009 5:25 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Labor Department reported 2008 employment costs, including wages and benefits, showed an increase of 2.6 percent, an all-time low for this data series, which goes back to 1982.

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Calif. Judge Rules Against $247M Seatbelt Suit

January 30, 2009 5:25 am | News | Comments

Car owners who claimed a seatbelt installed in some 4 million cars in California was improperly tested and its buckle might open in a crash lost a $247-million lawsuit against the manufacturer.

Economy Shrinks Further At End Of 2008

January 30, 2009 5:10 am | by Jeannine Aversa, AP Economics Writer | Boeing | News | Comments

Commerce Department showed the economy shrank at a 3.8 percent pace in the October-December period, but the initial result was better than economists expected.

Canada Objects To ‘Buy American’ Bill

January 30, 2009 4:25 am | by Rob Gillies, Associated Press Writer | News | Comments

America's top trading partner is voicing strong objections to the U.S. economic stimulus bill that calls on major public works projects to favor U.S. iron and steel over imports.

Japanese Factory Output Tumbles

January 30, 2009 4:18 am | by Tomoko A. Hosaka, Associated Press Writer | News | Comments

Industrial production at Japan's manufacturers plunged 9.6 percent in November, the largest drop since Tokyo began measuring such data in 1953.

Euro Zone Jobless Rate Jumps

January 30, 2009 4:11 am | News | Comments

Jobless rate climbed to 8 percent in December -- the highest in over two and a half years -- while inflation dropped to 1.1 percent, the EU's statistical agency said.

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EU Protests 'Buy America' Steel Bill

January 29, 2009 12:55 pm | by Aoife White, AP Business Writer | News | Comments

European Union warned it would protest provisions in President Obama's economic stimulus plan that favor U.S. steelmakers ahead of imports from Europe or China.

Ford: Won’t Seek Aid Despite $5.9B 4Q Loss

January 29, 2009 9:40 am | by Tom Krisher and Kimberly S. Johnson, AP Auto Writers | News | Comments

Automaker said Thursday it lost $5.9 billion in the fourth quarter and burned through $5.5 billion in cash as sales slumped, but Ford still says it does not plan to seek federal loans.

Lockheed Exceeds $6.1B Limit For Presidential Chopper

January 29, 2009 9:35 am | by Donna Borak, AP Business Writer | Lockheed Martin | News | Comments

Defense contractor’s $6.1 billion next-generation presidential helicopter program is at least 50 percent over budget.

Many EU Nations Don't Meet Air Standards

January 29, 2009 8:26 am | News | Comments

European Union said 23 of its 27 member nations have failed to meet clean air standards put in place four years ago, and it has taken legal action against 10 states.

EU To Ban Chemical Used In Chinese Leather Goods

January 29, 2009 8:23 am | News | Comments

European Union says it will ban dimethyl fumarate, which is used in Chinese leather shoes and sofas and can cause severe allergic reactions.

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Miss. Governor To Approve Cooper Tire Package

January 29, 2009 7:45 am | News | Comments

Governor intends to sign a bill that would provide $19 million of incentives to keep a Cooper Tire & Rubber Co. manufacturing plant in northeastern Mississippi.

EU Business, Consumer Confidence Plummet

January 29, 2009 7:20 am | by Aoife White, AP Business Writer | News | Comments

Business and consumer confidence in both the European Union and the euro currency zone fell to its lowest level in both regions since the monthly survey started in 1985.

U.S. Jobless Claims Hit All-Time High

January 29, 2009 7:20 am | by Christopher S. Rugaber, AP Economics Writer | Boeing | News | Comments

Labor Department reports number of Americans claiming unemployment insurance was a seasonally adjusted 4.78 million, the highest on records dating back to 1967.

Army Recalls Over 16,000 Sets Of Body Armor

January 29, 2009 5:04 am | by Richard Lardner, Associated Press Writer | News | Comments

Defense Department audit concluded the bullet-blocking plates in body armor vests failed testing and may not provide soldiers with adequate protection.

December Durable Goods Drop Worse Than Expected

January 29, 2009 5:00 am | by Martin Crutsinger, AP Economics Writer | Boeing | News | Comments

Commerce Department said Thursday that new orders for durable goods dropped by 2.6 percent last month, an even bigger decline than the 2 percent decline that economists expected.

German Jobless Rate Hits 8.3 Percent

January 29, 2009 4:06 am | by George Frey, AP Business Writer | News | Comments

Unemployment rate jumped by nearly a percentage point in January, a trend experts expect to continue as the global economic crisis continues to hurt Europe's largest economy.

Mass Layoffs Surge In 2008

January 28, 2009 9:59 am | by Christopher S. Rugaber, AP Economics Writer | Boeing | News | Comments

Labor Department reported Wednesday that 21,137 mass layoffs took place last year, up from 15,493 in 2007, and the highest annual total since 2001.

BAE Systems Gets $120M Air Force Contract

January 28, 2009 9:10 am | BAE Systems | News | Comments

Defense contractor said Wednesday has received a $120 million contract to equip up to 400 U.S. Air Force ground vehicles with improved voice and data communications.

Intel: We Will Win EU Antitrust Fight

January 28, 2009 9:06 am | by Aoife White, AP Business Writer | News | Comments

Chairman Craig Barrett adamant the world's biggest chip maker will win an EU antitrust dispute, despite losing a legal challenge to delay a monopoly abuse investigation.

Court Rules Against GE's 'Superfund' Challenge

January 28, 2009 7:35 am | by Richard Richtmyer, The Associated Press | News | Comments

EPA can direct GE to dredge PCBs from New York's Hudson River after a judge upheld the federal law that can force companies to spend millions cleaning up contaminated sites.

Union Membership Surges

January 28, 2009 6:30 am | by Sam Hananel, Associated Press Writer | News | Comments

Bureau of Labor Statistics says the ranks of organized labor rose by 428,000 workers -- the biggest annual gain since the government began compiling such data in 1983.

Georgia Lawmakers Want Food Inspections Disclosed

January 28, 2009 5:20 am | by Greg Bluestein, Associated Press Writer | News | Comments

Lawmakers are drafting a plan requiring food manufacturers to report internal inspections to state officials after salmonella was found during internal tests at a Georgia peanut plant.

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