Stressing that the United States had an 'immense stake' in a prosperous Europe, U.S. Treasury Secretary Jacob Lew said that consumer demand was the driver of economic growth....More
Sharp, which is scrambling to repair its battered balance sheet, said Samsung would buy 10.4 billion yen ($111 million) worth of new shares, or a 3% stake in the Japanese firm....More
NEW YORK - U.S. hedge fund Greenlight Capital filed suit against Apple (IW 500/9) Thursday as part of efforts to compel the tech giant to give shareholders more of its huge cash stockpile.
Apple responded by saying it has been "in active discussions about returning additional cash to shareholders."...More
Renesas said it would sell about 150 billion yen ($1.82 billion) worth of shares to the state-backed Innovation Network Corp. of Japan (INCJ) and top corporate names including Toyota and Panasonic....More
Ally Financial on Wednesday announced a deal to sell its operations in Europe and Latin America, as well as its share of a joint venture in China, to speed up repayment of a U.S. Treasury bailout....More
The euro's 15% decline against the U.S. dollar in the past year highlights one of the major risks of doing business overseas – currency risk. Companies large and small buying and selling products globally need to understand and manage foreign exchange risk. Lately some of the world's largest companies – McDonald's Corp., Xerox and Coke bottler Coca-Cola Enterprises Inc. have acknowledged that currency fluctuations hurt their earnings in recent months....More
Dialogue introducing new forecasting study on what the economy might look like in 2025 with a manufacturing resurgence. Video from the Aspen Institute....More
Manufacturing makes America strong. It makes families and communities strong. It provides national security. It gives us energy security. And for the 12 million men and women who work in manufacturing, it gives us pride....More
Christopher Barnatt of ExplainingComputers.com demonstrates how Big Data is transforming the business and industrial worlds and enabling new technologies and new breakthroughs that will help manufacturers work more efficiently than ever before....More
Beyond an initial novelty, 3D Printing could have a game-changing impact on consumer culture, copyright and patent law, and even the very concept of scarcity on which our economy is based....More
Christopher Barnatt of ExplainingTheFuture.com illustrates the inner workings of additive manufacturing machines and provides some real-life examples of how 3-D printing technology could dramatically change the manufacturing and retail industries as we know them today....More
Engineers at NASA's Jet Propulsion Lab break down the engineering and design challenges they faced during the Curiosity rover's complicated landing near the Martian equator on Aug. 5, 2012....More
