When it comes to spending money, a prudent approach is a wise approach. But it’s when we allow fear and doubt about our financial future to creep into our minds that we prevent ourselves from seizing opportunities, leaving us unable to act in the best interests of ourselves, or our families, and/or our business enterprises.
Turning to a flexible technological solution allowed one manufacturer to expand its production capacity and improve its packaging operations . The use of fresh cut vegetables for foodservice has seen significant growth in the past few years, driven by hygiene regulations, customer preference for fresher meals, and convenience factors, such as quicker cooking times, and reduced prep time.
Mayor Virg Bernero of Lansing, Michigan recently appeared on CNN's Parker-Spitzer to discuss GM's new IPO, the government's bailout of the auto industry, and why America needs to make a concerted effort at focusing on "making things" in the future. His overall point is that manufacturing still matters in this country, and both citizens and government must remember that.
ERLAGEN, Germany -- Daimler AG has selected CAD Software from Siemens as their standard for their worldwide vehicle development. Starting in the summer of 2012, Daimler will integrate work from over 20 development centers and their most important suppliers on a single product development platform.
SAN FRANCISCO (AP) — A federal jury has ordered SAP AG to pay $1.3 billion to its archenemy, Oracle Corp., for stealing customer-support documents and software in a scheme to siphon off customers. The verdict on Tuesday amounts to more than half of SAP's total profit last year and stunned the German software maker.
TOKYO (AP) — China resumed exports to Japan of rare earth minerals crucial in high-tech manufacturing after a two-month de facto ban and a Japanese conglomerate announced a major supply deal with an Australian miner that will reduce dependence on Chinese production. China currently controls 97 percent of the global output of rare earths, needed to produce everything from cell phones to hybrid cars.
LONDON (AP) — Its processor works 1,000 times slower than the Apple iPad, but the first ever Apple computer has sold for 425 times the price. The Apple I, one of only 200 such models ever made, was sold Tuesday afternoon at Christie's auction house in central London for 133,250 pounds (about $210,000.
DETROIT (AP) — Hard-hit Kokomo, Indiana, got a big boost from Chrysler on Tuesday when the automaker announced it plans to pump another $843 million into three factories to build a new front-wheel-drive transmission. General Motors, meanwhile, will announce Wednesday that it will invest $163 million in two Michigan plants and an Ohio foundry to make small-car engines, according to a person familiar with GM's plans.
Advantech (Cincinnati, OH) introduces a new series of compact Ethernet switches for machine and factory automation applications. To enhance the connection reliability, the EKI-2748 modules are equipped with DMI (Digital Monitoring Interface) that can monitor the status of the SFP module, including temperature, voltage, current, and Tx and Rx power.
A Japanese professor has developed a robotic air hockey player, which uses a camera to track the puck's motion and calculate its trajectory and deliver a mean counter-attack. One has to wonder what would possess someone to construct a robotic air hockey player, but the project is a good test in machine vision and developing faster reaction times for unexpected events.
SAN FRANCISCO (AP) — Hewlett-Packard Co.'s results showed Monday how lopsided the recovery in technology spending has been. HP's results are a barometer of demand across a swath of industries, from personal computers to Internet infrastructure and outsourcing and other technology services.
SEATTLE (AP) — Apple Inc. released new software Monday that lets owners of the iPhone, iPod Touch and iPad to print wirelessly over Wi-Fi networks. Apple first described some of the new features in iOS 4.2, the operating software for the Apple gadgets, at a media event in September. The iPhone, iPod Touch and iPad don't have ports for hooking up with printers, which makes the AirPrint feature one of the biggest advances for all of Apple's gadgets.
WASHINGTON (AP) — The Department of Energy on Monday announced it is giving a nearly $50 million loan to a Mishawaka, Ind.-based manufacturer of wheelchair accessible vehicles. Energy and officials with the company, Vehicle Production Group, say they expect the loan to create more than 900 jobs in an economically ravaged part of the state.
They call it the "thinking car." Designed by a research team at Berlin's Free University, the vehicle reacts to its surroundings and is capable of driving itself. Sensors placed on the front bumper of the car detects the vehicle's surroundings, and cameras installed in the vehicle recognize lane markings and traffic signs, in addition to a number of other high-tech features.
PINE GROVE MILLS, Pa. (AP) — Barry Myers can remember when weather forecasts were printed off on a dot-matrix printer, taken apart and faxed around the globe for reassembly. Twenty years later, the pace of business within international markets has changed. Fax machines have been replaced with high-speed digital connections and the dot-matrix printer has been relegated to a display at the Smithsonian.
WASHINGTON (AP) — Sitting at a computer somewhere overseas in January 2009, computer hackers went phishing. Within minutes of casting their electronic bait they caught what they were looking for: A small Michigan company where an employee unwittingly clicked on an official-looking e-mail that secretly gave cyberthieves the keys to the firm's bank account.
LONDON (AP) — Rolls-Royce Group PLC, the manufacturer of the plane engine that blew apart midair on a Qantas superjumbo this month, got some good news on Monday with a $1.8 billion order from Air China — its second major Chinese order in weeks. The London-based company will supply Trent XWB engines for ten of the Chinese carrier's Airbus A350 XWB aircraft and Trent 700 engines for ten Airbus A330 aircraft in a deal worth $1.
WINSTON-SALEM, N.C. (AP) — Computer maker Dell Inc. is putting its Winston-Salem manufacturing plant into mothballs. The Winston-Salem Journal reports the company has closed its production line after a six-year run that failed to reach the economic promises floated at the beginning.
NEW YORK (AP) — In a sign of the companies' divergent fortunes, MySpace said Thursday it will let its users log in to their Facebook accounts through their MySpace page. Doing so will port the likes and interests they have listed on their Facebook profiles to MySpace, where they will get a stream of entertainment content based on these interests.
SEATTLE (AP) — Personal computer maker Dell Inc. said Thursday that its net income for the latest quarter more than doubled as companies spent more to replace aging technology. Dell's earnings topped Wall Street's expectations, and investors drove its shares up almost 5 percent after the results were announced.