ROANOKE, Va. (AP) -- Defense contractor ITT Corp. said Friday it received a contract worth up to $260 million to produce enhanced night-vision goggles for the U.S. Army. The company already has provided the Army with more than 2,400 goggles. With the current contract, it will provide another 6,500.
PALO ALTO, Calif. (AP) — Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., just a week after rival Dell Inc. agreed to acquire the company for $1.13 billion. HP and Dell have been looking to expand beyond personal computers over the past few years in a search for bigger profits.
WASHINGTON (AP) -- Unemployment fell in fewer states in July than in the previous three months, a sign that the pace of job growth has slowed. The jobless rate dropped in 18 states and Washington, D.C. last month, the Labor Department said Friday. It rose in 14 states and stayed the same in 18.
SAN FRANCISCO (AP) -- Now that Mark Hurd is out as CEO of Hewlett-Packard Co., the world's biggest technology company is trying to prove to Wall Street that it can thrive under the sweeping changes he set in motion. Its numbers for the May-July quarter -- the last full quarter under Hurd -- were solid.
TAIPEI, Taiwan (AP) — The chief executive of a leading Taiwanese LCD screen maker has been barred from leaving the U.S. during a U.S. Justice Department probe into alleged price-fixing, the company said. Hsinchu-based AU Optronics Corp. said in a statement filed Saturday with Taiwan's Stock Exchange that a U.
A quality enterprise resource planning solution can offer a manufacturer a powerful, end-to-end value-chain solution to manage key infrastructure and support its manufacturing and business needs. Located in Irwin, Pennsylvania, Precision Defense Services (PDS) is a leading manufacturer of high quality precision machined parts for both the military and commercial marketplaces.
One South Carolina-based plant has combined the roles of programmer, machinist, and quality control engineer into one position. Adex Machining Technologies has taken a high-tech approach to manufacturing, where employees spend as much time in the office as they do in the plant. Meet the new "blue collar" workers.
Omron Scientific Technologies (Fremont, CA) introduces the G9SP programmable safety controllers for a variety of applications. Three base models with a range of I/O options and four types of expansion I/O units are available for hard-wired diagnosis or standard signals.
NEW YORK (AP) — A private research group said its gauge of future economic activity edged up in July, suggesting growth will be sluggish for the rest of the year. The Conference Board said Thursday that its index of leading economic indicators rose 0.1 percent last month after dropping 0.
WASHINGTON (AP) — Layoffs are back, and that's bad news for the fragile economic recovery. New applications for unemployment benefits hit a nine-month high last week — a spike that suggests private employers may shed jobs this month for the first time this year. Workers are losing construction jobs in Georgia and manufacturing jobs in Indiana.
WASHINGTON (AP) — The U.S. for the first time is publicly warning about the Chinese military's use of civilian computer experts in clandestine cyber attacks aimed at American companies and government agencies. In a move that is being seen as a pointed signal to Beijing, the Pentagon laid out its concerns this week in a carefully worded report.
Caterpillar Inc. officials said Thursday they don't expect a double-dip recession because the world's central banks haven't made major errors and the economy has been improving throughout 2010, especially in the developing world. New CEO Doug Oberhelman and other executives met with analysts in New York and discussed the opportunities ahead for the world's largest maker of construction and mining equipment.
WASHINGTON (AP) -- This year's U.S. government deficit will exceed $1.3 trillion, Congress' official budget analysts projected Thursday in a report underscoring election year perils both parties face as they struggle to balance conflicting demands to trim budget shortfalls, spark the economy and cut taxes.
by Sam Hananel, Associated Press Writer WASHINGTON (AP) -- The number of workers who died on the job fell by 17 percent last year to the lowest level in nearly two decades, as workers logged fewer hours during the recession, the Labor Department said Thursday. The 4,340 workplace fatalities recorded in 2009 was the smallest total since the Bureau of Labor Statistics first began tracking the data in 1992.
There are a number of benefits to implementing enteprise software systems into a manufacturing enterprise, but the total cost of ownership must be understood before the investment is made. Cloud software is all the buzz right now and vendors are rolling out new offerings extremely quickly.