Electric car maker Tesla Motors has hired Apple Inc.'s chief Mac engineer to lead new vehicle development.
“Hope for the best, prepare for the worst.” The English proverb resonates, particularly in the area of risk management. One of the most important tools available to any successful business operation is the deliberate assessment and tackling of potential risks.
Rare is the business leader who questions the importance of innovation not only to promote growth within their organization, but also to ensure its very survival. Corporate executives have invested significantly in innovation initiatives to support this importance. Yet a recent Accenture study found that more than half were disappointed by their innovation results and returns from their innovation investments.
Heineken USA President and CEO Dolf van den Brink explains how the company is innovating with alternatives to beer, like the new Radler, as massive demand for the beverage wanes in developed markets.
An Oklahoma judge says a settlement to award punitive damages has been reached in a case that blamed sudden acceleration in a Toyota Camry for a wrongful death.
A Michigan factory that makes lithium-ion batteries for General Motors Co. plans to resume commercial production on Monday after halting production because of a controversy over a chemical.
Royal Philips NV said Friday it has ended a $200-million sale and licensing deal it struck this year with Japan's Funai Electric Co. and will seek damages for breach of contract.
A patent filing shows Samsung Electronics Co. is working on a device it calls sports glasses in a possible response to Google's Internet-connected eyewear.
U.S. auto safety regulators have decided not to open a formal investigation into the Oct. 2 fire that damaged a Tesla electric car near Seattle.
A jump in demand for commercial airplanes boosted orders for long-lasting U.S. factory goods last month. But orders for most other goods fell as businesses cut spending, a possible sign of concern about the partial government shutdown that began Oct. 1.
Volvo Car Group has today announced that an advanced research project, conducted in partnership with Flanders’ Drive, has ended in results that using inductive charging for electric vehicles has “a promising future.” The company appears confident that with more regulatory insight, there is a good possibility that future electric vehicles will only need to be parked in the customer’s garage, for example, to be charged automatically.
The governors of eight states including California and New York pledged Thursday to work together to create charging stations and other fueling infrastructure needed to get 3.3 million zero-emission vehicles on those states' roadways by 2025 to curb greenhouse gas pollution.
An update of key elements of a 2012 report on the impact of federal regulations on the manufacturing sector finds that the problems continue to persist, and in fact, have increased in 2013.
German automaker Daimler AG saw net profit rise 53 percent in the third quarter thanks to a stronger performance from its Mercedes-Benz luxury brand, which benefited from demand for its small cars.
Jet engine manufacturer Pratt & Whitney says it's signed a $1.1 billion Pentagon contract for fighter jet propulsion systems that include cost-cutting of as much as 9.5 percent.
Alan Mulally, the man who has led Ford Motor Co.'s turnaround from near financial ruin, would not say Thursday if he has talked to Microsoft about the CEO job at the software giant.
PROS Holdings, Inc. (NYSE: PRO) and Cameleon Software (Paris: CAM) have announced PROS has entered into a definitive tender offer agreement to acquire Cameleon in an all-cash transaction valued at approximately €24 million (U.S. $33 million), net of cash acquired.
Leading global manufacturer of electrical and mechanical drives, motion control and automation technology, Lenze Americas recently introduced its innovative Smart Motor designed for applications ranging from material handling to packaging automation.
MPDS4 REVIEW is an external 3D review and feedback tool. The software is used to interactively review MEDUSA4 3D CAD data in detail, or to walk through an entire industrial plant, generated by CAD Schroer’s MPDS4 plant design system. The system enables users to see model properties and attach comments for designers, which are saved with the model.
A robot named Baxter is operating on the assembly line of Rodon, a plastics manufacturer in Pennsylvania. Rodon's VP says the technology is reducing costs and increasing productivity, but doesn't replace human workers who he says are needed to maintain the equipment.