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Intel to Pay $6.5 Million, Ending Antitrust Suit
Intel said the agreement terminating the suit filed in 2009 'expressly states that Intel does not admit either any violation of law or that the allegations in the complaint are true.'
2/10/2012
Ford's CFO and Product Development Head to Retire, but Mulally Staying Put
CFO Lewis Booth, 63, and product development chief Derrick Kuzak, 60, have been among Mulally's key lieutenants in Ford's transformation.
2/10/2012
Travel Ban to Mexico Issued by U.S. State Department
Many cities with manufacturing operations are under travel advisory.
2/10/2012
Boosted by Airbus Orders, Rolls-Royce Profits Soar in 2011
'We continue to benefit from a broad portfolio, a large and growing customer base and access to markets where demand remains strong for our products and services.'
2/10/2012
Timken's Tale of Manufacturing Reinvention
Thanks to a diversified product portfolio and aggressive investment in emerging markets, the century-old manufacturer of tapered roller bearings is on a roll.
2/9/2012
Renault Opens Factory in Morocco, Stirs Controversy at Home
'It is dangerous and intolerable for our country that Renault, in which the state is the largest shareholder, practices social dumping in Morocco to manufacture cars destined for Europe and France.'
2/9/2012
Nearly Half of Manufacturing CEOs Say Taxes Drive Site-Location Decisions
PwC reports confidence levels among industrial manufacturing leaders down.
2/9/2012
PepsiCo to Cut 8,700 Jobs, Reduce Management Layers in Global Productivity Drive
The company announced a series of strategic moves aimed at delivering 'top-tier, sustainable long-term growth for its shareholders.'
2/9/2012
No More Brownie: Kodak Gives Up Making Cameras
Phasing out its cameras arm will save Kodak more than $100 million in operating costs, the company said.
2/9/2012
U.S. Approves First Nuclear Plant Since 1986
NRC OK's two new reactors at Georgia facility.
2/9/2012
Shale Production to Push Natural Gas Inventories to 29-Year High
Abundant natural gas cuts storage withdrawals as Pennsylvania passes tax on Marcellus drilling.
2/9/2012
Guilty Verdict in Theft of Motorola Secrets for China
Former software engineer 'criminally betrayed Motorola by stealing its trade secrets' but cleared of three counts of economic espionage.
2/8/2012
U.S. Charges Five Individuals, Five Firms with Stealing Trade Secrets from DuPont to Sell to Chinese Firms
A grand jury indictment contains charges in a 'long-running effort to obtain U.S. trade secrets for the benefit of companies controlled by the government of the People's Republic of China.'
2/8/2012
Four Steps to Making Mergers Work When Cultures Clash
What evolutionary psychology may tell us about organizational integration.
2/8/2012
Lessons Learned From Kodak: Don't Get Trapped by Your Core Business Model
Innovation expert: 'Even an insightful company can go wrong if it doesn't push far enough, fast enough into uncomfortable territory.'
2/8/2012
Nokia Cuts 4,000 Jobs
Manufacturing will shift to Asia to shorten the time it takes for products to get to market, company said.
2/8/2012
UTX-Goodrich Deal Pushes Aerospace M&A Activity to Record Levels in 2011
M&A activity in aerospace and defense could hit another all-time high in 2012, PwC says.
2/8/2012
Monthly CEO Exits Reach Highest Level Since May 2010
Companies may be looking to shift gears with new leaders who can drive growth, according to report.
2/8/2012
Britain to Buy New Boeing Military Plane Despite Cuts
The C-17s are used to transport some of the 9,500 British troops stationed in Afghanistan.
2/8/2012
Where are the High Potential Leaders?
31% of survey respondents said their organization lacked high-potential leaders
2/8/2012
Toyota Shifts Highlander Production to United States
The automaker cited better U.S. market conditions and a drive to produce cars where they are sold.
2/8/2012
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