BP claimed lawyers negotiating on behalf of the seafood industry fraudulently inflated the number of Southeast Asian immigrant fishermen and boat hands claiming damages from the spill. The overstatement jacked up BP’s settlement by hundreds of millions of dollars, the company said....More
The auto industry is on pace for the best April ever as companies are selling more expensive sport utility vehicles and pickups, a clear sign that consumers are confident enough to make big purchases....More
The Robotic Industries Association announced that this was the best opening quarter yet for robotics orders and shipments, continuing a five-year trend of growth. Better news? The cost is coming down....More
Researchers at Siemens have integrated an algorithm into 3D printing spiders to allow them to tackle any complex 3D-printing job big or small. While a nightmare scenario for some, these spiders could be a dream come true for manufacturing....More
Faster permitting could allow U.S. mines to potentially replace half of current mineral imports, reducing the minerals trade deficit by $16 billion annually, and increasing mining employment by about 125,000 workers....More
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