Asset Management
3 Keys to Digital Transformation
They all stem from a well-known and widely-utilized business tool.
Jan 21st, 2020
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3 Roadblocks Facing IoT in Manufacturing
Dec 5th, 2019
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Mfr.'s Investments Pay Off During Crisis
Mar 27th, 2020
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Ford Execs to Defer Salary
Mar 27th, 2020
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Remington Offers Up Facility
Mar 27th, 2020
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Nike Web Sales Up Amid Virus
CEO John Donahoe said the company will follow a similar playbook as the pandemic spreads to other regions.
Mar 24th, 2020
A patient during a telemedicine video conference with Dr. Deborah Mulligan in Brooklyn.
Outbreak Prompts Push to Telemedicine
Americans have been slow to embrace virtual care, but that may be changing.
Mar 24th, 2020
In this Sunday, March 22, 2020, photo, provided by Christina Hunter, Briana Danyele sews cloth face masks that say 'We Got This!' in her mother's living room in Greer, S.C., which will be sent to health care workers. Legions of everyday Americans are sewing masks for desperate hospitals, nursing homes and homeless shelters amid the expanding coronavirus pandemic.
More Volunteers are Producing Masks
One woman began organizing friends to make masks after learning her daughter, a nurse at a suburban Detroit hospital, was told to wear the same mask all day.
Mar 24th, 2020
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GM Partners on Ventilators
The partnership is a vital step to help relieve an already strained healthcare system.
Mar 24th, 2020
KEEN's headquarters in Portland, OR.
KEEN Donates 100K Pairs of Shoes
The shoes are going to workers on the front lines and the families at home fighting.
Mar 24th, 2020
A worker walks near a mural of a Boeing 747-8 airplane at the company's manufacturing facility in Everett, Wash., Monday, March 23, 2020, north of Seattle. Boeing announced Monday that it will be suspending operations and production at its Seattle area facilities due to the spread of the new coronavirus.
Boeing Halts Seattle Production
The company said 32 employees have now tested positive for the virus, including 25 in the greater Seattle area.
Mar 23rd, 2020
Vueling Airlines planes sit parked in a line at the Seville, Spain airport on Saturday, March 21, 2020, idled due to the COVID-19 coronavirus outbreak.
Big Layoffs, Bigger Hirings
Monday's update on the ups and downs of the virus' impact on business.
Mar 23rd, 2020
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Target Apologizes for Face Mask Sales
Hospitals have run so short of the masks and other PPE that they've had to ration them.
Mar 22nd, 2020
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3D-Printed Parts Save Patients
3D printed parts could help as a stopgap in supply chain disruption.
Mar 19th, 2020
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TP Makers Call Events 'Uncharted’
No single consumer product has been more impacted by the COVID-19 scare than toilet tissue.
Mar 18th, 2020
DETROIT (AP) — Detroit's three automakers have agreed to partial factory shutdowns, deep cleaning of equipment and longer periods between shifts to head off union demands for U.S. plant closures due to the coronavirus threat. The agreements came Tuesday night after union officials spoke individually with General Motors, Ford and Fiat Chrysler. The companies also agreed to “extensive plans” to avoid union members coming in contact with one another, the United Auto Workers union said in a statement. The union said earlier in the day that it wanted the automakers to shut down their factories for two weeks to keep its members safe from the spreading coronavirus. Each company agreed to different provisions depending on its situation, but generally, automakers agreed to cut shifts on a rotating basis, which would idle factories for long periods to clean the building and equipment. Some companies agreed to cut overtime work to build space between shifts for added cleaning. Details of how to keep workers apart were still being worked out and more announcements will be coming in the next 24 hours, the union said in a statement. “All three companies have agreed to new measures that will increase adherence to CDC (Centers for Disease Control) recommendations on social distancing in the workplace,” the statement said. Officials have recommended that people not gather in large groups and try to stay at least 6 feet (about 2 meters) from each other to stop the virus that causes COVID-19 from spreading. Earlier Tuesday UAW President Rory Gamble said in an email to members that the companies were not willing to stop production when the union asked for it Sunday. Gamble says the union gave Ford, General Motors and Fiat Chrysler two days to put together plans to safeguard workers. That period ended Tuesday afternoon. Gamble said if the union isn't satisfied it will take unspecified further action to protect members. The three companies employ about 150,000 auto workers at dozens of factories and parts depots across the country. Most of the manufacturing footprint is concentrated in the industrial Midwest, but the companies also have plants in Kentucky, Tennessee, Texas and other states. The dispute came as union members complained that continued work at the plants would expose them to the virus. Industry analysts have said it will be difficult to keep the factories open for very long as the COVID-19 virus spreads. Fiat Chrysler, Ford, Volkswagen, Daimler AG and PSA Groupe have closed their European factories to help stop the virus from spreading. “There's very few industries where you get this many people together and they all touch the same things,” said Kristin Dziczek, vice president of labor and manufacturing for the Center for Automotive Research, an industry think tank in Michigan. GM believes it can run the plants safely with preventive measure it has put in place since January and enhancements it is working on, spokesman Jim Cain said. Fiat Chrysler says it already has put “extensive protocols” in place to ensure the health and safety of workers. “We are continuing to carefully monitor the situation and are making improvements as needed,” spokeswoman Jodi Tinson said in a statement. Ford said it's working closely with the union and will announce details later. Analysts expect U.S. auto sales to take a nosedive as people stay home to avoid other people. The industry likely has enough inventory to satisfy slower demand due to the virus, they have said. Ford reported Tuesday that sales had fallen in Europe and that parts supplies have been interrupted. On Sunday, the union and companies announced they would form a task force to deal with worker safety as the plants continued operating. Seventeen workers at a Fiat Chrysler factory in Warren, Michigan, walked off their jobs in the paint shop Monday over concerns about the novel coronavirus. A worker at an FCA transmission plant in Kokomo, Indiana, tested positive for the virus last week. He and nearby co-workers were told to stay home and his work area was deep cleaned. Production continued at both factories.
Automakers Agree to Partial Shutdown
The agreements came Tuesday night after union officials spoke individually with General Motors, Ford and Fiat Chrysler.
Mar 18th, 2020
A shopper looks at items near empty shelves at a grocery store in Warrington, Pa., Tuesday, March 17, 2020. Coronavirus concerns have led to consumer panic buying of grocery staples.
Retailers Scrambling to Restock
Grocers big and small are hiring more workers, paying overtime and limiting purchases on certain high demand items.
Mar 18th, 2020
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Ventilator Maker Ups Output
About 14% of COVID-19 patients require hospitalization and oxygen support.
Mar 17th, 2020
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Tesla Looks to the Midwest
The new plant will bring as many as 1,000 jobs to its final destination.
Mar 16th, 2020
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Mfg's Race to Blockchain
The World Economic Forum predicts 10 percent of global GDP will be stored on blockchain by 2027.
Mar 13th, 2020
This June 19, 2017 file photo shows a person working on a laptop in North Andover, Mass. The U.S. internet won’t get overloaded by spikes in traffic from the millions of Americans now working from home to discourage the spread of the new coronavirus, experts say. But connections could stumble for many if too many family members try to videoconference at the same time.
Internet Well-Equipped for Work from Home
Streaming services have forced bandwidth to be more robust, which will bode well for increased telecommuting requirements.
Mar 15th, 2020
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FAA Probes Southwest Crack
The crack occurred on a Boeing 737 and caused pressure to gradually decrease in the cabin.
Mar 14th, 2020
In this March 11, 2019 file photo, Gary Jones, president of the United Auto Workers union addresses delegates to the union's bargaining convention in Detroit. An expected guilty plea to corruption charges by former United Auto Workers President Gary Jones has been delayed due to the coronavirus and traveling concerns. Jones was to appear in federal court in Detroit on Thursday, March 12, 2020. He's accused of conspiring with UAW cronies to embezzle more than $1 million.
Travel Concerns Delay ex-UAW Chief's Plea
Federal courts in eastern Michigan postponed many hearings in an effort to limit the spread of COVID-19.
Mar 14th, 2020
In this April 21, 2018, file photo, Bill Gates speaks in Washington. Microsoft co-founder Bill Gates said Friday, March 13, 2020 he is stepping down from the company's board to focus on philanthropy. Gates was Microsoft's CEO until 2000 and since then has gradually scaled back his involvement in the company he started with Paul Allen in 1975.
Bill Gates Steps Down
He's been slowly scaling back his involvement in the company he started.
Mar 14th, 2020
In this March 11 photo, Lindsay Garfield, Finance Director at SquareFoot, which helps companies find office space, works from home in New York. Authorities from New York to California have called on employers to allow those who can to work from home in a bid to slow the spread of the virus. Garfield said she gets more done without the constant office interruptions.
Employers Navigate Virus Without Firm Guidelines
Workplaces are making a mass shift toward allowing employees who can to work remotely in a bid to slow the spread of the coronavirus.
Mar 13th, 2020
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TV Hosts Fined Over Pollution
The order would hold the business accountable for profiting from — and glorifying — “plumes of pollution.”
Mar 13th, 2020
Yvette Arrington, with the New York Stock Exchange Trading Floor Operations, works on the floor of the NYSE, Monday, March 9, 2020. Stocks went into a steep slide Monday on Wall Street as coronavirus fears and a crash in oil prices spread alarm through the market, triggering the first automatic trading halt in over two decades.
Corporate Debt Loads a Rising Risk
Having binged on borrowing, companies that are outside the financial sector owe $9.6 trillion in the United States.
Mar 12th, 2020
In this Jan. 10, 2020 file photo, a commercial plane flies into a windy, cloudy sky at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla. Federal regulators are temporarily waiving a rule that has been causing airlines to fly nearly empty planes to avoid losing precious takeoff and landing rights at major airports. On Wednesday, March 11, the FAA said it was waiving the 80% rule through May 31 to help airlines that are canceling flights because of the coronavirus outbreak.
FAA: No Need to Fly Empty Planes
Airlines must use 80% of their takeoff/landing 'slots' or risk forfeiting them.
Mar 11th, 2020
The Airbus Engineering Design & Services initiative offers the company’s knowledge and skills to other industries as illustrated by this wind tunnel evaluation of a motorcycle.
Airbus Opens Up to Other Industries
Company to extend expertise in aerodynamics, composite materials and stress analysis to improve automotive and nautical designs, among others.
Mar 11th, 2020
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Why Acquisitions Fail
According to KPMG, more than half of acquisitions destroy shareholder value.
Mar 9th, 2020
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Coca Cola to Weigh Exec. Pay Against Employees’
The beverage giant will link the wages it pays all employees when setting executive salaries to bring them closer in alignment.
Mar 10th, 2020
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Nestlé Commits to 100% Recycled Packaging by 2025
The Swiss company has signed the European Plastics Pact, which focuses on accelerating the transition towards a circular plastics economy.
Mar 10th, 2020
A worker sorts products in an Amazon fulfillment center.
Amazon to Add 1,500 Jobs in Virginia
The company will establish two new facilities by 2021.
Mar 10th, 2020