DEARBORN, Mich. (AP) — Ford Motor Co. on Monday started high-volume production of its new Focus compact at its Saarlouis factory in Germany, the company said. Early U.S. production of the car is now under way at a factory near Detroit, with the Focus due in U.S. showrooms early next year.
NEW YORK (AP) — Sprint Nextel Corp. said it will start phasing out the Nextel part of its network in 2013, a decision that follows near-constant subscriber losses since Sprint bought Nextel in 2005. The shutdown should be complete in 2015. Sprint, the country's third-largest wireless carrier, had said it would eventually shut down the aging Nextel network, but hadn't said when until Monday.
STERLING HEIGHTS, Michigan (AP) — Chrysler Group wants to show the world that it's serious about mid-size sedans. After years of disappointing sales, the company on Monday launched production of the revamped Chrysler 200 — which replaces the Sebring — and the Dodge Avenger.
In a lengthy interview with CBS's 60 Minutes , Federal Reserve Chairman Ben Bernanke discusses some of the most notable issues the U.S. economy is facing today. The interview touches on the high rate of unemployment in America, the U.S. budget deficit, and the Fed's controversial $600 billion Treasury bill purchase, which some detractors say will lead to inflation.
The bottom line on cloud computing is that it can be a money saver and productivity enhancement, but you have to choose your provider carefully to ensure the security of your data. “To the cloud.” Everyone has seen the slew of commercials these days promoting use of the cloud – for consumer as well as business use.
Take one look at /var/log/secure on an Internet-connected server and you'll immediately understand the need for securing your root account. The bad guys are constantly attempting root and other usernames to attempt to login to your server using SSH or some other protocol. If you use a simple password, it's only a matter of time before your server is compromised by a password-guessing attack.
BEIJING (AP) — Contacts told American diplomats that hacking attacks against Google were ordered by China's top ruling body and a senior leader demanded action after finding search results that were critical of him, leaked U.S. government memos show. One memo sent by the U.S. Embassy in Beijing to Washington said a "well-placed contact" told diplomats the Chinese government coordinated the attacks late last year on Google Inc.
WASHINGTON (AP) — It seems Washington is all ears these days. President Barack Obama says he'll take a great idea to fix the economy anywhere he hears it. The Republican leaders in Congress can't say enough how determined they are to "listen to the American people." OK. Here goes.
WALLINGFORD, Connecticut (AP) — Members of the Machinists union have overwhelmingly ratified a new contract with jet engine maker Pratt & Whitney that allows the company to shut two plants it has targeted for more than a year, while preserving jobs insisted on by the union. Workers voted 2,609-198 Sunday to accept the pact with the subsidiary of United Technologies Corp.
TOKYO (AP) — Japanese automaker Mazda remains committed to its 30-year-old technical and strategic alliance with Ford although the US company is no longer its top shareholder, Mazda's chief said Monday. Ford cut its stake in Mazda from 11 percent to 3.5 percent last month, marking a symbolic shift in a longtime U.
NEW YORK (AP) — Research In Motion Ltd., maker of BlackBerry smart phones, said on its blog Thursday that it will buy Swedish software developer The Astonishing Tribe, which specializes in making phone software more attractive and easy to use. The Astonishing Tribe, dubbed TAT for short, designs software that runs on smart phones and that lets people personalize the way the devices look.
WASHINGTON (AP) — Orders to U.S. factories fell in October by the largest amount in five months, reflecting a big drop in demand for aircraft. Factory orders declined 0.9 percent in October, the Commerce Department reported Friday. It was the first setback since June and the biggest decline since a 1.
The U.S. jobless rate in November rose 0.2 percentage point from the previous month to 9.8 percent, the highest level since April, when it stood at 9.9 percent. The results are likely to rouse concerns about the prospects and recovery of the U.S. economy. Stay tuned. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
Retrofitting a factory digitally, before starting any work in the real world, can ensure that equipment can be moved and replaced, as well as guarantee that the ‘old’ factory can handle the new production processes. Building a new factory is an expensive and time consuming endeavor, so why would you start from “square one” if you didn’t have to? As manufacturers look to continually increase efficiency and profit margins, it’s a question that many have asked and as a result have found success in retrofitting “old” factories to suit their needs.
A reliable material handling application allowed one company to minimize inventory tracking errors and receive more comprehensive and precise project status updates. Problem: Many manufacturing companies use manual processes to track inventory and provide project status updates.
SAN FRANCISCO (AP) — Google Inc. is promising to do a better job of weeding out copyright violations on the Internet. As part of a crackdown announced Thursday, the Internet search leader said it will respond to complaints about pirated material posted on its YouTube video site and other services within 24 hours.
EAST HARTFORD, Conn. (AP) — Airbus has selected Pratt & Whitney's next-generation engine, giving the Connecticut manufacturer a big boost for the jet engine it says saves fuel and reduces noise. Parent company United Technologies Corp. has spent $1 billion over 20 years to develop the geared turbofan engine.
DETROIT (AP) — General Motors Co. took another step toward cleaning up its balance sheet on Thursday when it pumped $4 billion in cash into its underfunded U.S. pension plans. The company made the payment two weeks after a historic initial public stock offering that was worth a total of $23 billion, and it comes just 17 months after the automaker exited a government-funded bankruptcy restructuring.
SYDNEY (AP) — Australian investigators on Thursday identified the source of an oil leak that caused a superjumbo engine to blow apart in mid air last month, and said a suspected manufacturing defect in the Rolls-Royce engine was to blame. They warned airlines the potential flaw could cause engine failure.
WASHINGTON (AP) — The White House is stepping up its push for Congress to extend unemployment insurance for out-of-work Americans, linking the benefits to an extension of expiring Bush-era tax cuts. President Barack Obama's Council of Economic Advisers on Thursday reported that if Congress does not extend the benefits, two million unemployed workers will lose coverage this month and 7 million would lose coverage by November 2011.