IT for Manufacturing Executives
Cyber Experts: Calling Out China May Be Working
June 5, 2013 10:12 am | by Lolita C. Baldor, Associated Press | News | CommentsAfter years of quiet and largely unsuccessful diplomacy, the U.S. has brought its persistent computer-hacking problems with China into the open, delivering a steady drumbeat of reports accusing Beijing's government and military of computer-based attacks against America.
UT Study Shows Economic Impact Of VW Plant
June 5, 2013 10:08 am | by The Associated Press | News | CommentsA research study by the University of Tennessee at Knoxville shows Volkswagen's assembly plant in Chattanooga is responsible for more than $643 million in annual income. The study also estimates that the plant increases state and local tax revenue by $53.5 million annually.
Treasury To Sell 30M Shares Of GM Stock
June 5, 2013 10:06 am | by The Associated Press | News | CommentsThe Treasury Department says it will sell an additional 30 million shares of General Motors stock this month in its on-going effort to dispose of all of its remaining shares of the giant automaker acquired as part of the government's bailout of GM.
Survey: Private Employers Add 135K Jobs In May
June 5, 2013 10:01 am | by Christopher S. Rugaber, AP Economics Writer | News | CommentsPayroll provider ADP says companies added 135,000 jobs in May. That's higher than April's revised total of 113,000. But it's much lower than the gains ADP reported over the winter, which averaged more than 200,000 a month from November through February.
ITC Rules For Samsung, Bans iPhone 4 Imports
June 5, 2013 9:57 am | by Peter Svensson, AP Technology Writer | News | CommentsA U.S. trade agency on Tuesday issued a ban on imports of Apple's iPhone 4 and a variant of the iPad 2 after finding the devices violate a patent held by South Korean rival Samsung Electronics. Because the devices are assembled in China, the import ban would end Apple's ability to sell them in the U.S.
Where Cell Phones Go To Die
June 4, 2013 11:05 am | by CNN Money | Videos | CommentsMuch of the world's electronic waste ends up in Guiyu, China, where old parts are recycled but chemicals like mercury leak into the water. Cell phones arrive in this town by the truckloads, where locals are experts in sorting through the electronic trash.
Avoiding Food Fraud
June 4, 2013 11:05 am | by Lori Leskin and Aaron Levine, Kaye Scholer | Articles | CommentsWhile manufacturers look for the most affordable way to produce a quality product, suppliers are sometimes providing them with adulterated products for the purpose of achieving their own financial gain. This is called food fraud.
The Importance Of A Customer Conference
June 4, 2013 11:04 am | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Articles | CommentsCommunication is key to customer conferences. It’s a forum for software vendors to talk about and show the next big thing to come out. Customers can interact and talk to other manufacturers about their processes. It also gives them a listening ear to the company, where they can express what they’re lacking and help drive innovation.
Silicon Valley At Front Line Of Global Cyber War
June 4, 2013 10:34 am | by Martha Mendoza, AP National Writer | News | CommentsChinese President Xi Jinping and American counterpart Barack Obama will talk cyber-security this week in California, but experts say the state's Silicon Valley and its signature high-tech firms should provide the front lines in the increasingly aggressive fight against overseas hackers.
U.S. Blames Apple For Increase In e-Book Prices
June 4, 2013 10:32 am | by Larry Neumeister, Associated Press | News | CommentsA U.S. government lawyer opened a civil trial Monday by portraying Apple Inc. as a corporate bully that swaggered into the market for electronic books in 2010, forcing an end to price competition and costing consumers hundreds of millions of dollars.
Ex-Porsche CFO Found Guilty Of Fraud In VW Bid
June 4, 2013 10:31 am | by The Associated Press | News | CommentsPorsche's ex-finance chief has been convicted of fraud after a court found he provided false information during the German sports car marker's failed 2009 attempt to take over Volkswagen AG. Former Porsche CFO Holger Haerter was fined an unspecified amount after being found guilty Tuesday by a Stuttgart state court, the dpa news agency reported.
Dell Trimmed CEO's Pay Amid PC Slump
June 4, 2013 10:28 am | by The Associated Press | News | CommentsDell Inc. trimmed CEO Michael Dell's pay by 14 percent to $13.9 million last year amid a slump that culminated in a proposed $24.4 billion deal that could end the personal computer maker's 25-year history as a publicly traded company. Most of Michael Dell's compensation last year consisted of stock awards designed to give him a greater incentive to boost the Round Rock, Texas, company's market value.
Supreme Court Takes Up Lexmark Patent Suit
June 4, 2013 10:27 am | by The Associated Press | News | CommentsThe U.S. Supreme Court has agreed to take up a case over Lexmark International's patent on microchips inside its printers. The high court's decision on Monday keeps alive an ongoing dispute between the Lexington, Ky.-based maker of printing and imaging products and software and Static Control Components, a Sanford, N.C. company that specializes in remanufacturing laser printer toner.
U.S. Trade Deficit Up 8.5 Percent To $40.3B
June 4, 2013 10:25 am | by Martin Crutsinger, AP Economics Writer | News | CommentsThe U.S. trade deficit widened in April, as demand for foreign cars, cell phones and other imported goods outpaced growth in U.S. exports. The Commerce Department said Tuesday that the trade gap rose 8.5 percent in April from March to $40.3 billion. Exports increased 1.2 percent to $187.4 billion, the second-highest level on record.
Flying Car For The Masses Set For Take-Off
June 3, 2013 10:27 am | by ReutersVideo | Videos | CommentsNew England aviation company Terrafugia has unveiled its latest conceptual version of a flying car. Unlike its current flying car, which is designed for pilots, the new design incorporates autonomous functionality, a move the company says will open up the skies to everybody. Reuters' Ben Gruber has more.
