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Source Match Industrial News

Peanut industry back to work after salmonella case

WASHINGTON (AP) — The peanut industry executive whose filthy processing plants were blamed in a salmonella outbreak two years ago that killed nine people and sickened hundreds more is back in the b...

Oil higher as stocks rise, Europe worries ease (AP)

An engineer works at the Barjisiya oil fields in Zubair One south west of the city of Basra, Iraq. Global dependency on the Organization of Petroleum Exporting Countries for crude oil will rise in the next five to 10 years as output by non-OPEC nations falls, the head of the International Energy Agency (IEA) has said.(AFP/File/Essam -al-Sudani)AP - Oil prices followed stocks higher on Wednesday, as worries about European debt problems eased and buyers returned to the market.


BP takes share of blame for Gulf of Mexico oil spill (AFP)

A US Coast Guard handout image of fire boat response crews as they battle the blazing remnants of the BP operated off shore oil rig, Deepwater Horizon, in the Gulf of Mexico on April 21, 2010. A string of failures by BP and other companies led to the Gulf of Mexico oil disaster, the British energy giant concluded Wednesday as it sought to head off possible multi-billion-dollar US lawsuits.(AFP/USCG/File)AFP - Energy giant BP sought to spread the blame for the Gulf of Mexico oil spill Wednesday as it defended itself against tens of billions of dollars in potential fines and legal liabilities.


Obama: U.S. can't afford to extend tax cuts for rich (Reuters)

U.S. President Barack Obama speaks about the economy at the Cuyahoga Community College West Campus in Parma, Ohio, near Cleveland, September 8, 2010.  REUTERS/Larry Downing (UNITED STATES - Tags: POLITICS)Reuters - President Barack Obama, fighting to keep Democrats in charge of Congress, said on Wednesday the United States could not afford to extend Bush-era tax cuts for the rich and accused Republicans of being fiscally irresponsible.


Obama's tax break for business: Will it put Americans to work? (The Christian Science Monitor)

The Christian Science Monitor - A new round of tax incentives for US businesses could have some positive impact on the job market, but it's not likely to ignite massive employment.

BP and partners trade blame for oil spill (Reuters)

Reuters - A BP Plc investigation of the Gulf of Mexico disaster played down its own role in the world's worst offshore oil spill and pointed the finger at what it said were failures by contractors.

BP and partners trade blame for oil spill (Reuters)

A logo is seen at a BP fuel station in London July 27, 2010. REUTERS/Toby MelvilleReuters - A BP Plc investigation of the Gulf of Mexico disaster played down its own role in the world's worst offshore oil spill and pointed the finger at what it said were failures by contractors.


AP Source: New GM CEO wants automaker to beat BMW (AP)

FILE - This undated file photo provided by The Carlyle Group on Thursday, Aug. 12, 2010, shows Daniel F. Akerson, then, managing director and head of global buyout of The Carlyle Group. Akerson, the new General Motors CEO, is telling employees Wednesday, Sept. 8, 2010, to go into attack mode to stay ahead of competitors like BMW AG instead of responding to them. (AP Photo/The Carlyle Group) NO SALES.AP - New General Motors CEO Daniel Akerson (AAAK-er-sun) is telling employees that the automaker needs to make cars and trucks that are better than competitors such as BMW.


Summary Box: Portugal bond sale reflects debt fear (AP)

AP - HIGH COSTS: Portugal raised $1.3 billion in a debt auction Wednesday, but at sharply higher borrowing costs compared with recent auctions.

Google seeks to speed up Web searches (Reuters)

Reuters - Google Inc unveiled a set of enhancements to its Internet search engine on Wednesday that predict search queries as users type, promising to speed up the time it takes to find information online and to generate more searches on the website.

Jackson Hewitt narrows 1Q loss as expenses fall (AP)

AP - Jackson Hewitt Tax Service Inc. on Wednesday posted a narrower first-quarter loss as its expenses fell, beating Wall Street expectations, but its shares fell after it said it would seek new financing for its refund anticipation loan program.

Brain Scientists Discover a Tiny Traffic Cop (LiveScience.com)

LiveScience.com - Scientists have discovered a protein that helps direct traffic within brain cells.

Industrial development proposed in Holbrook

Officials are considering a proposal to develop an industrial park and extend an Avon roadway to Holbrook to reach it. Former planning board chairman and industrial development committee member William Pritchard outlined his plan during the board of selectmen’s Aug. 24 meeting. Pritchard, who first pitched the idea to the board a few months ago, said that 350 acres of undeveloped land off Spring ...

Summary Box: Ireland to split Anglo Irish Bank (AP)

AP - SPLIT: Ireland plans to split its most troubled financial institution, Anglo Irish Bank, into a "good" deposit bank and a "bad" toxic-debt bank. The move comes as the nation seeks to reassure international lenders that it is dealing with the Irish debt crisis.

Would you like 1 hump or 2 with your dinosaur? (AP)

This undated handout image provided by the journal Nature shows a hypothetical reconstruction of the flesh-eating dinosaur. The weird world of dinosaurs has just gotten a tad more bizarre. Scientists found a nearly complete fossil of a new dinosaur that sports a noticeable hump, maybe as advertising. (AP Photo/Nature)AP - The weird world of dinosaurs has just gotten a tad more bizarre. Scientists found a nearly complete fossil of a new dinosaur that sports a noticeable hump, maybe as possible advertising.


Quasimodo dino leaves experts grappling for a hunch (AFP)

Handout photo released by Nature magazine and the Universidad Nacional de Educacion shows the reconstitution of a new species of dinosaur, Concavenator corcovatus, with an unusual hump-like structure of the vertebrae and a series of small bumps on the ulna, discovered in Spain according to a study published today by Nature Magazine.(AFP/Nature/Raul Martin)AFP - Palaeontologists in Spain have discovered the remains of a strange dinosaur with a hump that they believe is the forerunner of flesh-eating leviathans which once ruled the planet.


Two asteroids to pass close to Earth, but won't hit: NASA (AFP)

This NASA image shows an artist's impression of an asteroid belt in orbit around a star. Two asteroids were set to pass close to Earth on Wednesday but posed no risk, the US space agency NASA said.(AFP/NASA/File)AFP - Two asteroids were set to pass close to Earth on Wednesday but posed no risk, the US space agency NASA said.


Igor, 2 other tropical systems no threat to Gulf of Mexico (Reuters)

A satellite image of Tropical Storm Hermine is seen, courtesy of the National Hurricane Center, September 7, 2010. REUTERS/National Hurricane Center/HandoutReuters - The U.S. National Hurricane Center was monitoring newly formed Tropical Storm Igor in the far eastern Atlantic Ocean and two other tropical systems in the Atlantic basin on Wednesday, but so far none showed any early signs of entering the energy-rich Gulf of Mexico and disrupting offshore production.


Water main break at space center stalls shuttle (AP)

Canadian Astronaut Chris Hadfield checks out equipment on the space shuttle Endeavour in 2001. Hadfield in 2013 will become the first Canadian to command the International Space Station (ISS), the Canadian Space Agency announced Thursday.(AFP/NASA-HO/FILE)AP - A water main break at NASA's spaceport put launch preparations on temporary hold Wednesday for the next-to-last shuttle flight.


Analysts: BP report supports case, buoys investors (AP)

FILE - In this April 21, 2010 file aerial photo taken in the Gulf of Mexico more than 50 miles southeast of Venice, La., the Deepwater Horizon oil rig is seen burning. Before the key piece of evidence has even been analyzed, oil giant BP PLC on Wednesday, Sept. 8, 2010, planned to release the conclusions of its internal investigation into the rig explosion that killed 11 workers and led to the massive Gulf of Mexico spill. (AP Photo/Gerald Herbert, File)AP - BP has for months asserted that it wasn't solely to blame for the Gulf oil spill. On Wednesday, a company report on the causes of the disaster supported its case, analysts said.


Immune System Genes Show Links to Type 1 Diabetes (HealthDay)

HealthDay - WEDNESDAY, Sept. 8 (HealthDay News) -- The exact cause of type 1 diabetes is still unknown, but international researchers have found a link between the blood sugar disorder and a network of immune system genes.

Factory-built home earns LEED Platinum rating

The U.S. Green Building Council has given a LEED Platinum rating to a factory-built home in East Hampton. Built by New Jersey-based New World Home, the pre-constructed home is the first of its kind on Long Island to earn a LEED certification, according to a company statement. New World Home founder Tyler Schmetterer said the financial benefits [...]

Freddie Mac to issue new 5-year note due 2015 (AP)

AP - Government sponsored mortgage buyer Freddie Mac said Wednesday it plans to issue new five-year notes due on Sept. 10, 2015.

Goldman NY proprietary traders consider next move (Reuters)

French insurer Axa has cut its holdings in US investment bank Goldman Sachs, which last month announced an 82 percent profit slide, by roughly one half, according to documents filed with the US Securities and Exchange Commission.(AFP/File/Torsten Blackwood)Reuters - Members of Goldman Sachs Group Inc's New York Principal Strategies team are in talks with several groups, including KKR, Perella Weinberg, BlackRock Inc and Carlyle Group, to possibly join one of the firms, a source familiar with the matter said.


Industrial Metal Supply Co. Expands Selection, Services With New Irvine Location

Bringing a unique shopping experience to Orange County consumers, Industrial Metal Supply Co. â a full-line metals service center â is launching a new walk-in center in Irvine, with an interior design and operational flow created specifically to accommodate small-purchase customers and to make the buying process a pleasant experience.

Vacant Factory Getting Much-Needed Makeover

Empty for 16 years, an old factory in New Haven is getting a new lease on life.

Hungary won't seek to renew IMF, EU loans (AP)

AP - Hungary will not seek any more loans from the International Monetary Fund or the European Union and will be able to meet its financing needs by selling bonds to international and domestic investors, Economics Minister Gyorgy Matolcsy said Wednesday.

Turtle egg rescue at space center billed success (AP)

AP - The turtle rescue effort at NASA's Kennedy Space Center is winding down.

Space Shuttle Move Delayed By Broken Water Pipe (SPACE.com)

SPACE.com - NASA's plan to move the space shuttle Discovery out of its hangar in preparation for its final voyage has been delayed at least a day because of a water main break at the Kennedy Space Center in Florida.

S&P 500 rises 1 percent (Reuters)

Traders work on the floor of the New York Stock Exchange, September 7, 2010.REUTERS/Brendan McDermidReuters - The Standard & Poor's 500 index rose more than 1 percent in afternoon trading on Wednesday, while the Dow and Nasdaq added to gains as worries about Europe's banking system decreased, easing risk aversion.


PETA says video shows cat, dog abuse at NC lab (AP)

AP - An animal-welfare group believes workers at a North Carolina research lab abused dogs, cats and rabbits, and the activists released what they said was undercover video of caretakers handling the animals violently.

IT industry terms Ohio's outsourcing ban 'discriminative'

Indian IT industry today termed the Ohio state's bill to ban outsourcing of its IT projects discriminative and counter-productive to the US government thrust on reducing public deficit.

Kansas factory worker, 36, charged with murdering burned teen

GREAT BEND, Kan. — A 36-year-old factory worker who spent much of his adult life in prison was charged Tuesday with sexually assaulting and murdering a 14-year-old girl whose badly burned body was found behind gravel piles at the asphalt plant where he worked.

Summary Box: Mortgage lending falls 1.5 pct (AP)

AP - MORTGAGE APPLICATIONS SLIP: Applications for home loans dipped last week as mortgage rates ticked up slightly from the lowest level in decades, according to the Mortgage Bankers Association.

BP report on cause of Gulf oil spill spreads the blame (The Christian Science Monitor)

The Christian Science Monitor - The Deepwater Horizon oil well blowout that killed 11 men and resulted in the largest oil spill in US history was the result of a series of human and mechanical failures by "multiple companies and work teams," including the companies' own representatives, according to a report by BP released Wednesday.

Pharmaceutical Industry Insiders, VIPs All Coming Together for Future of Pharma Market, Pharmaceutical Competitive ...

PARSIPPANY, N.J., Sept. 8 /PRNewswire/ -- Today every major pharmaceutical industry executive searches for ways to succeed when looking toward the future of pharma. In an unprecedented move, they're all coming together in just a few weeks. All the big names in pharma. All in one place. That's the scene you'll find on September 21-22, 2010 at the Pharma CI Conference & Exhibition at the ...

Motor industry workers demand equality

Motor industry workers took to the streets on September 1 demanding equality in the work place and wage increases. Members of the National Union of Metalworkers of South Africa (Numsa) protested in Pretoria North’s business district insisting that their demands be met.

Tight inventories hurt Talbots sales (Reuters)

A woman walks by the Talbot's store in Broomfield, Colorado September 9, 2009. REUTERS/Rick WilkingReuters - Women's clothing retailer Talbots Inc posted lower-than-expected quarterly sales and its shares fell 11.6 percent as efforts to keep inventory lean and preserve margins left it short of items to sell.


Industrial AS/AR Control enhances warehousing efficiency.

Targeting industrial equipment organizations, KardexRemstar Controls 3000 (C3000) provides features for transaction visualization, adjustable speed parameters, and restricted accessibility. Integrated features include 5.7 in. color display, graphical HMI, and numeric membrane keyboard. Storage location of items can be selected when used with proprietary AS/AR equipment, and operators can also ...

Shoe factory shooting leaves 18 dead

SAN PEDRO SULA, Honduras, Sept. 8 (UPI) -- A shooting in a shoe factory in northern Honduras left 18 people dead and several others injured, police said. Honduras - San Pedro Sula - Central America - Police - Travel and Tourism

Judge refuses to lift ban on government stem cell funds (Reuters)

A microscopic view shows a colony of human embryonic stem cells (light blue) growing on fibroblasts (dark blue). REUTERS/Alan Trounson/California Institute for Regenerative Medicine/HandoutReuters - A U.S. judge refused on Tuesday to lift a ban on federal funding of human embryonic stem cell research despite Obama administration warnings it would set back key research and cost more than a thousand jobs.


Industry Ventures Announces Multiple Investment Team Promotions

Secondary Team Adds Industry Veteran Victor Hwang as Managing Director and Promotes Will Quist and Dan Stevens

German industrial output edges higher: ministry

German industrial output edged 0.1 percent higher in July from the June level, adjusted data showed on Wednesday after a sharp drop in orders suggested that the economy could be cooling down.

German Industrial Production Up 0.1% In July

German Industrial Production Up 0.1% In July

Industrial ETFs Could Get Lift From Obama

President Obama is mulling a number of business-focused proposals that should boost popular industrial sector-related ETFs.

July industrial output growth seen up 7.7%

Industrial output growth probably picked up to 7.7 per cent in July from a year earlier, the median forecast of 21 economists showed. Annual growth had slowed in June to 7.1 per cent from 11.5 per cent in May.

German Industrial Production Rises Less Than Forecast

Industrial production in Germany, Europe’s largest economy, rose less than economists forecast in July, suggesting the recovery is losing momentum.

The nation's weather (AP)

The Weather Underground forecast for Wednesday, Sept. 8, 2010 shows that as a low pressure system moves eastward from the Great Lakes, it will pull a cold front with it. The front will extend from the Northeast, down the Mid-Atlantic, and into the Gulf states, triggering showers and thunderstorms throughout the day. (AP Photo/Weather Underground)AP - Tropical Depression Hermine was expected to slowly weaken as it moved farther inland.


Jordan Industrial Production Drops 6.3% in July as Manufacturing Declines

Jordanian industrial production fell 6.3 percent in July from a year earlier as manufacturing and electricity output declined.

Light bulb factory closes; End of era for U.S. means more jobs overseas

WINCHESTER, VA. - The last major GE factory making ordinary incandescent light bulbs in the United States is closing this month, marking a small, sad exit for a product and company that can trace their roots to Thomas Alva Edison's innovations in the 1870s. Light - Business - Business and Economy - China - Incandescent light bulb
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