The number of people applying for U.S. unemployment benefits fell 21,000 to a seasonally adjusted 323,000 last week, the lowest since late September and further evidence of an improving job market.
An inventor in China has created a cartoon-like robot to cut noodles.
For Stantræk, automation means growth. The company, that processes sheet metal and coils, is now able to expand production with no significant increases in payroll. From 2008 to 2013, revenue almost doubled while the number of employees only increased from 21 to 28. Much of the added work load is now handled by Universal Robots.
Eric LeMasters, AMT's Industry Economist, caught up with Alan Beaulieu, President of ITR Economics, at the 2013 Global Forecasting & Marketing Conference for a quick update on the current Fiscal Reality. Alan's presentation at the conference covered projections for machine tool orders as well as an outlook for the general economy.
Last year, more than 1.5 million Americans had their smartphones stolen, and though there is a solution known as a "kill switch," the idea is meeting heavy resistance from the industry.
U.S. businesses increased their stockpiles in September by the largest amount in eight months while sales posted a modest gain.
German steel company ThyssenKrupp AG says it's in "exclusive negotiations" about the possible sale of its 3-year-old steel plant in Alabama.
Federal regulators say they will require that new tour buses and buses that carry passengers on scheduled routes between cities be equipped with seat belts. It's a safety measure sought by accident investigators for nearly a half century.
With two days left, there was commotion in the Warsaw talks Wednesday after the conference president — Poland's environment minister — was fired in a government reshuffle and developing country negotiators walked out of a meeting on compensation for climate impacts.
Alabama officials are working to lure a Boeing Co. aircraft assembly plant to the Huntsville area.
Tesla Motors CEO, Elon Musk, talks about the company's vision and responds to the National Highway Traffic Safety Administration's investigation involving battery fires with the Model S.
Dassault Systèmes has announced general availability of the Apriso FlexNet Manufacturing Process Intelligence (MPI) 3.0 and Quality Intelligence Pack. This next generation operational intelligence product from Apriso, now a part of Dassault Systèmes’ DELMIA brand, lets manufacturers better manage and execute quality programs, in real-time, to address today’s key production and quality management challenges.
Founded in 1991, Michigan Manufacturing International (MMI) specializes in supplying manufactured to print assemblies and components to original equipment manufacturers (OEM).
The CMMI Institute, established by Carnegie Mellon University, is home to the Capability Maturity Model Integration (CMMI), a gold standard of excellence in software and systems development. The Institute will continue to help this market to solve business problems while advancing the use of the model to new industry sectors around the world.
Cisco has announced new solutions and services in the Cisco EnergyWise™ Suite that help enterprises become more energy efficient, reducing costs and carbon emissions. The expanded portfolio is based on the integration of recently acquired JouleX software with Cisco's existing services offerings and EnergyWise technology.
Have you been having problems with your electrical equipment but haven’t found the cause? For many users it turns out to be a very common, widespread problem called ground loop feedback — an electrical phenomenon which occurs when different electrical circuits are powering a system and its peripherals.
Peter Drucker popularized the phrase “knowledge economy” back in 1969, referring to a new generation of high tech “knowledge workers.” The truth is, manufacturing pioneered the knowledge economy decades earlier and has always been highly dependent on knowledge workers. Knowing how to profitably make things that satisfy market demand better than the competition is the lifeblood of industry.
Microsoft's purchase of Nokia, and the ads both companies are running, show they are ready to duke it out with Google and Apple over mobile.
The company on Tuesday said its quarterly profit fell 30 percent, hurt by a later Thanksgiving, weaker demand for its biggest products and a rise in marketing costs. A recall of its recently acquired Plum Organics products also hurt results and the company cut its outlook for the year.
Johnson & Johnson said late Tuesday that it will pay $2.5 billion to settle thousands of lawsuits brought by hip replacement patients who accuse the company of selling faulty implants that led to injuries and additional surgeries.