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Honda Halts Production at Japan Plant After Cyber Attacks 2
The malware affected the production of about 1,000 Honda cars.
Lockheed to Build F-16s in India
Lockheed to Build F-16s in India
Lockheed will partner with Tata Advanced Systems Ltd. "This unmatched U.S.-Indian industry partnership directly supports India's initiative to develop private aerospace and defense manufacturing capacity in India," the companies said at the Paris air show's opening day.
Toshiba Faces $900 Million in Lawsuits over 2015 Scandal
The lawsuits, which involve both individuals and institutional investors, including Japan's national pension fund, are seeking damages after Toshiba's share price tanked some 40% in the wake of the revelations two years ago that top executives had pressured underlings to cover up weak results after the 2008 global financial crisis.
EU Slaps China with New Steel Anti-dumping Duties
EU Slaps China with New Steel Anti-dumping Duties
The EU took the latest action against China, which makes more than half the world's steel, for allegedly flooding global markets in violation of international trade agreements.
Sophia, created by Hanson Robotics, and the company's logo.
AI ‘Good for the World’... Says Robot 1
Should we be concerned with the continued rise of artificial intelligence? Robotocist David Hanson said, “There are legitimate concerns about the future of jobs, about the future of the economy, because when businesses apply automation, it tends to accumulate resources in the hands of very few.”
GM CEO Mary Barra.
GM Shareholders Shoot Down Stock Proposal 1
GM CEO Mary Barra said the company “continues to gain momentum in 2017 driven by strong performance in the U.S. and continued growth in China,” and that she “believes GM stock is undervalued.”
SpaceX's First Recycled Rocket Hits the Mark
Its arrival makes it the first US spaceship to return to the space station since the American space shuttle program ended in 2011.
Germany Finds Emission-cheating Gear on 24,000 Audis in Europe
Germany Finds Emission-cheating Gear on 24,000 Audis in Europe 1
The software was discovered on the carmaker's diesel A7 and A8 sedans with V6 and V8 motors, built between 2009 and 2013.
A field of Chinese flags.
Chinese Manufacturing Down for First Time in 11 Months
Recent indicators have pointed to slowing growth in the country, and these figures compare with an official reading Wednesday suggesting that Chinese factory activity expanded in May.
Airbus Starts Building First Helicopter Plant in China
Airbus Starts Building First Helicopter Plant in China
The plant, which will be the first by a foreign helicopter manufacturer on Chinese soil, will be jointly operated by Airbus Helicopters and Qingdao United General Aviation Company.
Harley-Davidson’s Decision to Build Plant in Thailand Upsets Union
Harley-Davidson’s Decision to Build Plant in Thailand Raises Eyebrows 4
Harley said the Thai plant will not result in American job losses, arguing instead it will enable them to grow their business using American-built parts.
China's in Joint Venture with WV to Product Electric Cars
China's in Joint Venture with VW to Produce Electric Cars
Volkswagen's China CEO Jochem Heizmann had said during the Shanghai auto show last month that VW expects to sell around 400,000 new-energy vehicles in China in 2020.
Manufacturing to See Growth in 2017: ISM
Manufacturing to See Growth in 2017: ISM
Manufacturers this year expect a 5.2% increase in capital expenditures, a 1.3% rise in employment and a 4.4% rise in revenues, according to ISM survey.
Is the US Trade Deficit Destroying Jobs?
Is the US Trade Deficit Destroying Jobs? 14
"Trade deficits aren't economic indicators of cheap goods. Trade deficits are indicators of lost jobs," said Leo Gerard, international president of the United Steelworkers. "If you don't have a job, it doesn't matter how cheap the stuff is."
GM to Stop Sales in India by Year End
GM to Stop Sales in India by Year End
"We determined that the increased investment required for an extensive and flexible product portfolio would not deliver a leadership position or long-term profitability in the domestic market," saidGM International president Stefan Jacoby.
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