HELSINKI (AP) — Nokia Siemens Networks is slashing 17,000 jobs worldwide by 2013 — nearly 23 percent of its work force — as it strives to cut costs by euro1 billion ($1.35 billion). The mobile infrastructure company said Wednesday the measures are part of "an extensive global restructuring program," which includes streamlining the organization to improve long-term competitiveness and profitability.
LOS ANGELES (AP) — The chairman of the Federal Communications Commission has come out against the merger of cellphone giant AT&T and T-Mobile USA. Julius Genachowski made his position known in a document he circulated to fellow commissioners Tuesday. Genachowski recommended sending AT&T Inc.
Government officials said they are alarmed and none too pleased that Boeing Co., which has promised to bring thousands of jobs to Kansas, is studying the future of its Wichita defense plant. The aircraft manufacturer had called on city and state officials during its decade-long fight to win Pentagon approval to build 179 refueling tankers worth at least $35 billion.
SALT LAKE CITY (AP) — Microsoft's Bill Gates insisted that changes to Windows 95 that undermined a rival word processor were meant to protect the Windows operating system from crashing and not to hurt a competitor. Gates completed a second day of testimony Tuesday defending his company against a $1 billion antitrust lawsuit filed by Novell Inc.
WILMINGTON, Del. (AP) — A California solar panel manufacturer that received a half-billion dollar loan from the federal government has been unable to attract much interest in its operations and now hopes to sell its assets piecemeal. Officials with Fremont, Calif.-based Solyndra LLC had hoped to sell the company to a buyer who would keep it operating.
WASHINGTON (AP) — Shoppers awaiting this week's traditional kick-off of the holiday shopping season should find plenty of safe toys for children, but consumer advocates say some dangers still lurk. A report released Tuesday from the U.S. Public Interest Research Group found over a dozen toys on store shelves that violate federal safety standards for lead and chemicals called phthalates or could present a choking hazard to small children.
Is it possible the mobile phones we use every day offer an opportunity for the Chinese government to access critical infrastructure in the United States and carry out economic espionage? CNN's Jill Dougherty attempts to answer that very question. If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
Manufacturers — especially those reaching a consumer market— sometimes run the unfortunate risk of being held hostage by something as seemingly insignificant as a haircut. And even if your products reach professionals, the swings don’t always get easier to duck; more often than not, surprises that affect production don’t just come from the customer.
Energy economics and public image have combined to motivate owners and operators to design energy efficiency into new process plants and to seek out energy-saving retrofits for existing plants. Rick Beaman, PE, Senior Chemical Process Engineer, SSOE Group Dave Jechura, PE, Senior Chemical Engineer, SSOE Group Cliff Reese, PE, Business Leader and Senior Associate, SSOE Group Owners and operators of manufacturing plants are increasingly embracing the energy-saving technology and efficiency-enhancing systems that architects and engineers have been developing over more than a decade.
SAN FRANCISCO (AP) — Hewlett-Packard Co.'s first earnings report with Meg Whitman as CEO highlights the troubles she faces in setting a new course for the besieged company. The latest quarterly numbers, reported Monday after the market closed, beat Wall Street's subdued expectations.
SHANGHAI (AP) — SAIC-GM-Wuling, a General Motors Co. joint venture, plans to assemble autos in Egypt from kits made in China, competing in the same markets targeted by Chinese domestic car exporters. GM said Tuesday that production at General Motors Egypt from Chevrolet Move vehicle kits produced by SAIC-GM-Wuling would begin by the third quarter of 2012.
LONDON, Nov. 21 (Kyodo) — The dismissed former Olympus Corp. president, Michael Woodford, on Monday criticized a third-party panel set up by the company to probe its coverup of past securities investment losses, after the panel denied reports of organized crime's involvement in the scandal.
PHILADELPHIA (AP) -- A former medical-device company president has been sentenced to nine months in prison for unapproved medical trials that left three people dead. Former Synthes North America President Michael Huggins, of West Chester, Pa., is the first of four executives being sentenced Monday for the bone-cement testing.
WICHITA, Kan. (AP) — Boeing Co. said Monday that it is studying the future of its defense plant in Wichita, including the possibility of closing it. Boeing spokesman Jarrod Bartlett said in a statement that the study of the Boeing Defense, Space & Security's Maintenance, Modifications and Upgrades facility is part of an initiative to address what he calls "the current defense budget environment.
SPRING HILL, Tenn. (AP) — General Motors says it will start building its Chevrolet Equinox at its plant in Tennessee next year and begin making a midsized vehicle there for the 2015 model year. Monday's announcement of a total $255 million investment is projected to create nearly 1,900 jobs at the idled former Saturn plant outside Nashville.
The tablet market is getting a bit crowded these days. The $99 Kindle Fire and the $249 Nook Tablet are two of the latest offerings. Does one of them have an edge over the other in terms of value and/or performance? If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
Most day-to-day root cause analysis (RCA) follows one or a combination of several steps. Nightmare scenario: The phone rings and you learn with dread that the problem you thought you had gotten rid of a month ago is back and bigger than ever. Your stomach sinks and your pulse quickens, as you scramble to find out exactly what is happening.
Faced with the task of dealing with a serious communications systems stability issue, one company turned to a cutting-edge platform for peace of mind and flexibility. Times are uncertain for American factories: volatile economic situation drives them into cutting production and relying on stockpiles to meet demand.
BURLINGTON, MA – Z Corporation, the leader in multi-color inkjet 3D printing, today announced that it will be acquired by 3D Systems Corporation, becoming the first company capable of delivering an integrated platform of mixed 3D printing technologies, 3D content, and 3D design services. The news is part of a wider announcement today in which the Contex Group, a subsidiary of Ratos AB, announced that it had signed an agreement to sell its subsidiaries, Z Corporation and VIDAR Systems, to 3D Systems Corporation for USD 137m in cash.
HMS Industrial Networks (Chicago, IL) offers the Anybus wireless bridge, designed to allow industrial Ethernet based equipment to be connected via wireless technology. It is well-suited for applications where connections need to be made through hazardous areas, hard-to-reach locations, or moving installations where cables are not desirable.