A unit of Beechcraft Corp. says production will begin this month in Wichita on 35 training aircraft for the military. Beechcraft Defense Co. on Monday announced the signing of a $210 million contract with the Air Force, under the government's Joint Primary Aircraft Training System procurement contract.
The Detroit automaker, which formally opened the giant data storage center in suburban Warren, Michigan, on Monday, said the changes are examples of how it is moving faster to cut costs and serve its customers better by bringing more computer technology inside the company.
A dozen years after a customer revolt forced Monsanto to ditch its genetically engineered potato, an Idaho company aims to resurrect high-tech spuds. This month, tuber processing giant J.R. Simplot Co. asked the U.S. government to approve five varieties of biotech potatoes.
The agency says it has 54 complaints from owners that engines stalled while the cars were being driven. In all cases the stalling happened after the cars were refueled. Forty-eight of the owners said they had several stalling incidents, and seven said they had trouble restarting the cars.
High-tech companies looking to bring more skilled workers to the U.S. pushed Monday for more concessions in an immigration bill pending in the Senate. Labor unions said these companies had already obtained enough in the legislation and further changes risked chipping away at protections for U.S. workers.
Manufacturing Business Technology is devoting this week to Cloud Computing. Check here daily for articles, blogs and videos being featured this week. Hear from industry experts on how they've integrated technology, the solutions currently being offered in the industry and gain insight on making the most of your operations.
Sometimes, a company stops growing when its leader’s gifts are no longer enough to effectively manage the business. It’s no surprise then that one of the biggest impediments to a healthy business is poor organizational health, which stems from poor leadership. When a culture of blame and excuses permeates a company, it can paralyze it.
Call it the Logistics Cloud. It’s cloud-computing technology for logistics service providers, or LSPs, and it’s a huge universe that encompasses every industry. It’s computing that involves delivering hosted services over the Internet and employs a network of remote servers to store, manage and process data rather than a local server.
More young Americans, 16-34, are choosing to take public transit, walk or decide not to spend the money for an automobile, and that has car companies concerned. Major automotive companies are now tasked with understanding this trend and how to entice this group to make a purchase. NBC's Chris Clackum reports.
U.S. safety regulators are investigating complaints that problems with steering-gear boxes are causing a loss of control in some Ford trucks. The probe by the National Highway Traffic Safety Administration covers an estimated 340,000 F250 and F350 Super Duty Trucks from the 2008 model year.
Dell board members say they need more details from investor Carl Icahn if he wants them to seriously consider his latest challenge to Michael Dell's $24.4 billion plan to take the computer maker private. Icahn and prominent Dell shareholder Southeastern Asset Management said last week they want to keep Dell Inc. publicly traded and give shareholders $12 in cash or more shares.
The government has sold another piece of its stake in General Motors Co. The Treasury Department said Friday in its April report to Congress that so far this year it has sold 58.4 million shares of GM stock and earned net proceeds of $1.6 billion.
Chief executive Thorsten Heins will take the stage on Tuesday and is expected to deliver a keynote speech that could reveal a lower-priced version of its latest phone and some clues about whether the company plans to abandon tablet technology forever.
A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas as energy companies seek permits for proposed export projects that could set off a renewed frenzy of fracking.
The culprits are the cars themselves, produced with weaker welds, scant safety features and inferior materials compared to similar models manufactured for U.S. and European consumers, say experts and engineers inside the industry. Four of Brazil's five bestselling cars failed their independent crash tests.