Lego Systems President, Soren Torp Laursen, discusses the company's turnaround strategy.
It's not a bird or a plane, but a blimp in the sky, floating over Maryland's Baltimore suburbs. It's the newest security system launched by the Army to protect major cities along the East Coast, and it can detect everything from a cruise missile to a large drone.
In the last five to ten years, the use of online ordering — via a desk top or mobile device — has skyrocketed in the industrial MRO space. But it’s not always as easy as simply hopping on a website and tracking down a very specific product. Speed, compliance, and spend management are all significant factors in this process.
Aston Martin's limited run Vantage GT3 is a 592bhp track-focused monster headed for a full unveil at this year's Geneva Motor Show.
Samsung is buying mobile-payment startup LoopPay as the Korean phone maker steps up to challenge Apple and its payment system on iPhones.
The U.S. government is investigating how Caterpillar has been moving cash between its business units in the U.S. and overseas, the construction equipment company said Wednesday.
A federal bankruptcy judge this week heard arguments from consumers who are suing General Motors, saying their cars dropped in value because of a defect with its ignition switches.
Ball is buying metal beverage can maker Rexam in a cash-and-stock deal valued at about $6.64 billion in order to stay competitive against other packaging companies.
Recent reports have indicated that Apple may be making a bigger push into the car market, Nissan is again playing with paint and Toyota is trying to make getting around town a little easier.
The Triple Defender is one of the less lethal alternatives to guns that law enforcement is increasingly interested in after the recent controversies over police killings.
Factory output by U.S. manufacturers increased by 0.2 percent last month, according to numbers released Wednesday by the Federal Reserve.
Policy experts expect forthcoming rules from the Obama administration to potentially double the salary threshold for exemptions to overtime pay requirements.
As the Internet of Things (IoT) moves into the industrial space, studies show 86 percent of manufacturers are investing in IoT as they go after an estimated $4 trillion in benefits for manufacturing applications. Why now? The cost of sensors, networking, storage and computing have dropped dramatically.
For more than 30 years, importers of British goods brought English Cadbury Chocolate into the United States, but as a lawsuit between American chocolate behemoth Hersey and British importers draws to a close, fans of milky English bars of chocolate are anticipating a permanent dry spell.
Smartphone maker BlackBerry has revived a legal battle against a startup co-founded by Ryan Seacrest, saying its iPhone keyboard rips off the design from BlackBerry phones' physical keyboards.
Boston Scientific will pay $600 million to settle with drugmaker Johnson & Johnson over the medical device maker's $27 billion acquisition of Guidant Corp. in 2006.
Even though Americans spent $6.7 billion less at gas stations in January than they had two months earlier, the extra cash didn't get spent anywhere else: Retail sales, excluding gas, fell slightly from November to January.
Drugmaker Actavis plans a name change once it finishes its acquisition of Botox-maker Allergan in a $66 billion deal that the company announced last fall.
U.S. wholesale prices fell by a record amount in January, led by the biggest drop in gasoline prices in six years.
A former employee of the J.M. Smucker Co. in northeast Ohio has been sentenced to nearly five years in federal prison for stealing $4.1 million from the company over a 16-year-period.