Apple CEO Tim Cook states to a Senate panel Tuesday that under the current U.S. corporate tax code he has no plans to transfer $100 billion in company profits to the U.S. from overseas. Some analysts think this might push congress to make some changes in corporate tax code.
Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division. Hirai was asked about the proposal at a corporate strategy presentation Wednesday.
The United States maintains its top ranking as the lowest-risk location for building and operating data centers globally, according to a report by Cushman & Wakefield, hurleypalmerflatt and Source8. Published this week, the Data Center Risk Index 2013 (DCRI) evaluates risks likely to affect the successful operation of data center facilities in the 30 most important global markets.
In this episode of MBT’s Manufacturing Newswire, remaking American security, Amazon eyes the smartphone market, and a blow to the nation’s labor unions. We’ll also updated you on Window’s Blue, take a brief look at the uncertainty in U.S. manufacturing, and the liability surrounding 3-D printed guns.
The economists predict that the U.S. economy will grow 2.4 percent this year and 3 percent next year. That's unchanged from their forecast in February. But they are more bullish on consumer spending and housing than they were three months ago, in part because of a more positive view about unemployment.
A Delaware bankruptcy judge has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million Department of Energy grant. Monday's court hearing resolved minor outstanding issues following the sale of most of the company's assets to the U.S. arm of Wanxiang Group Corp. for nearly $257 million.
Wireless company Sprint Nextel Corp. says it can now let Dish Network Corp. see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's SoftBank. The companies said late Thursday that SoftBank had waived provisions of its deal with Sprint that will allow Sprint to talk with Dish.
Equipment downtime, lost production, delays in product reviews and high travel costs to troubleshoot problems can kill the bottom line. Time is money and it’s never been truer for companies with operations spread across the globe. When the best expert is located in New York and the assembly line is in the Far East, costs mount quickly when decisions are delayed.
From Tesla Motors, making cutting-edge cars, to Solaria, making solar panels, manufacturers are drawn to Fremont by incentives including a five-year waiver on business taxes, an expedited regulatory process, proximity to Silicon Valley firms and a skilled labor force.
Eighty five percent of companies with global supply chains experienced at least one supply chain disruption in the previous 12 months. Risk is inherently unpredictable. Fortunately, the current workforce is undergoing its own transformation to be able to identify and manage risk on a global basis.
Manufacturing Business Technology took some time to talk with Sanjay Ravi, managing director of discrete manufacturing at Microsoft Corp. about cloud computing in the manufacturing sector and how companies can benefit from it.
Several factors come into play when manufacturers make the decision to move or reshore (see chart). The wage gap is never the only reason, but in all cases, the move makes business sense – it’s not simply a feel good story.
The dismal performance announced Thursday provided the latest evidence of a technological shift that is making it difficult to sell laptop and desktop machines. Until recently, consumers had regularly replaced machines with faster ones every few years.
Dell and Intel experts discuss where cloud computing began, where it is now, and what quantitative and qualitative results it can bring to your enterprise. Smaller companies generally choose to start off with a public cloud, but as they grow, they bring those functions back in-house and create their own private cloud. Watch to learn more.
For decades, this dynamic cost estimating software has provided manufacturers a better way to estimate and quote parts more competitively. Version 12 is packed with upgrades and features that further enhance the speed, accuracy and consistency for estimators; as well as a new layer of specialized and unique features for machining and fabrication.
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.
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.
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.
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.
Why, oh why, is the team waiting for a quote for something that they already have established a contract to get, especially in an emergency situation where the only reason for the purchase order is to get a re-supply of material that came defective?
Manufacturers cannot expect to sustain success with traditional decision making when facing today’s unprecedented shifts in markets, demands, technologies and opportunities. To maintain a leadership position and profit margins, companies must respond intelligently to more frequent, drastic and faster changes.
With a large chunk of Europe on holiday, financial markets were lead-footed Wednesday ahead of a policy statement from the Federal Reserve. A soft private payrolls report from ADP raised concerns over the state of the U.S. economy but reinforced market expectations that the Fed will persevere with its super-easy and cheap monetary policy for a bit longer than had been anticipated.
Google's Jared Cohen and New York City's Chief Digital Officer Rachel Hunt join the NOW panel to talk about the age of American innovation. The story of Silicon Valley and Silicon Alley is a tale of two digtial cities competing for national dominance.
Despite lackluster earnings, the construction equipment maker seems to show the global economy is not as bad as investors feared. Analysts were surprised to see that despite missing the mark, stocks were up primarily because the company performed better than feared.
With so much innovation and development percolating across the global Ethernet ecosystem, there is little time for the technology’s vast array of stakeholders to look back on its successes. Ethernet’s ongoing expansion is the almost singular focus.