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Source Match Industrial News

Oil still gushing from shut-down Canada-U.S. pipeline (Reuters)

Reuters - Enbridge Inc's 6A pipeline, the biggest of three key arteries that deliver most of Canada's crude oil exports to the United States, is still leaking oil in Illinois more than 24 hours after the spill that forced its closure was reported.

Games industry 'lost 18% of jobs'

Scotland has lost nearly a fifth of the jobs in its computer games industry so far this year, an industry body warns.

Industrial output doubled in July

NEW DELHI: Industrial output nearly doubled to 13.8 per cent in July, dispelling fears of a dip in demand and giving an impetus to achieving 8.5 per cent economic growth this fiscal.

Ohio man guilty in income tax return fraud (AP)

AP - An Ohio man has pleaded guilty in a $400,000 fraud that used stolen identities to file more than 100 false federal income tax returns.

Industry needs 250,000 new workers in 3 years

The shortage of unskilled labour in the automotive sector is reaching a critical level as the industry will need 250,000 more workers over the next three years to serve the national growth target, says Wallop Tiasiri, director of the Thailand Automotive Institute.

New GM CEO's pay package worth $9 million (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. New General Motors Co. CEO Daniel Akerson will get the same $9 million pay package as the man he replaced, Ed Whitacre. (AP Photo/The Carlyle Group, file) NO SALES.AP - New General Motors Co. CEO Daniel Akerson will get the same $9 million pay package as the man he replaced, Ed Whitacre.


Wall Street gains as economic outlook brightens (Reuters)

Traders work on the floor of the New York Stock Exchange, September 7, 2010. REUTERS/Brendan McDermidReuters - The Dow and S&P 500 were on track on Friday to close the week with a seventh gain in the last eight sessions, a period that has seen investors worst fears about the economy start to dissipate.


Genzyme begins layoffs to cut costs (Reuters)

Reuters - U.S. biotech company Genzyme Corp has begun laying off an unspecified number of employees, a move it said was unrelated to Sanofi-Aventis SA's takeover bid.

U.S. banking group wants part of Basel plan dropped (Reuters)

Reuters - A leading U.S. banking group is urging Basel Committee negotiators working on new international capital standards to ditch part of their proposal.

Earnings Preview: Best Buy Inc. (AP)

AP - Electronics seller Best Buy Inc. reports its second-quarter results before the market opens on Tuesday.

Where to Buy a Home for Less Than $800 a Month (U.S. News & World Report)

U.S. News & World Report - While the nation's real estate crash has been a nightmare for homeowners, it has created some outstanding opportunities for would-be buyers. Home prices in 20 major cities dropped 33 percent from the summer of 2006 to the spring of 2009--and in certain markets, the plunge was even steeper. At the same time, the federal government's efforts to revive the housing market have helped drive financing costs to record lows. Thirty-year fixed mortgage rates fell to an average of 4.32 percent for the week ending September 2. That's the lowest level in nearly 40 years of record-keeping. ...

Google's Android to be world No. 2 in 2010: report (Reuters)

Reuters - Google Inc's Android software will become the world's second most popular operating system for cell phones this year, leapfrogging rival offerings from Microsoft Corp, Research in Motion and Apple Inc, according to a new report.

Four dead in San Francisco suburb gas line inferno (Reuters)

A massive fire roars through a mostly residential neighborhood in San Bruno, Calif., Thursday, Sept. 9, 2010. Firefighters from San Bruno and surrounding cities are battling the blaze that started on a hillside and is now consuming homes in a residential neighborhood. (AP Photo/Jeff Chiu)Reuters - At least four people died after a gas line explosion and fire razed 38 homes in a San Francisco suburb, and officials expected the death toll to rise on Friday as firefighters search the wreckage.


New On the Menu: Genetically Modified Salmon? (HealthDay)

HealthDay - FRIDAY, Sept. 10 (HealthDay News) -- The U.S. Food and Drug Administration may soon approve genetically modified salmon for humans to eat, a prospect that is raising concern among some consumer advocates who consider the fish a threat to both health and the environment.

Russian Cargo Ship Blasts Off for Space Station (SPACE.com)

SPACE.com - An unmanned Russian cargo ship launched into orbit Friday after a two-day delay on a mission to deliver fresh food and other supplies to the International Space Station crew.

Moonstruck: A September Showcase for Lunar Lovers (SPACE.com)

SPACE.com - To the ancient Greeks the moon was an object of reverent admiration, but even today Earth's nearest neighbors pulls on the heartstrings of skywatchers.

Feds: Drilling moratorium depends on industry (AP)

In a Wednesday, Sept. 1, 2010 photo, Scott Harris looks into a case at Destin Connection Seafood Market in Montgomery, Ala.. The owner of the seafood market, David Scott, faces a difficult decision as he tries to rejuvenate his business after the Gulf oil spill: He can accept a piece of BP's $20 billion claims fund — relatively fast, easy money — or sue the oil giant for a bigger payday, wait years and risk ending up with nothing. Thousands of business owners, fishermen and others along the Gulf Coast are confronting a similar conundrum.  (AP Photo/Jamie Martin)AP - A key U.S. government official said Friday the moratorium on deepwater oil drilling likely won't be extended past Nov. 30, but whether it is cut short will be entirely up to the industry.


The 10 Deadliest Cancers and Why There's No Cure (LiveScience.com)

LiveScience.com - The dread and fear that can come with a cancer diagnosis have their roots in its killer nature: It's the No. 2 cause of death in Americans, second only to heart disease, according to the Centers for Disease Control and Prevention. Even when diagnosed early and attacked with the latest treatments, it still has the power to kill.

Nevada mining industry prepays $123 million in taxes

ELKO -- The Nevada mining industry's net proceeds tax payments have soared to about $123 million for 2010, up from $97.5 million in 2009 and $91.8 million in 2008.

U.S. resumes funding controversial stem cell research (Reuters)

Reuters - The U.S. government said it was resuming work on controversial human embryonic stem cell research on Friday after an appeals court ruled in its favor.

UK TV Industry Body Lodges Complaint Over Project Canvas

UK TV Industry Body Lodges Complaint Over Project Canvas

NIH to resume funding stem cell research for now (AP)

Post-doctoral fellow Huajung Choi differentiates the stem cells of mice at the Eli and Edythe Broad Center of Regeneration Medicine and Stem Cell Research at the University of California San Francisco in San Francisco March 10, 2009. REUTERS/Robert GalbraithAP - The government said Friday it's back in the business of funding embryonic stem cell research — at least for now — after an appeals court temporarily lifted a judge's ban.


India industrial output leaps forecast-busting 13.8%

India's industrial output in July surged by a forecast-busting 13.8 percent, data showed Friday, raising chances of further monetary tightening as early as next week to curb stubbornly high inflation.

Industry: No need for EPA to regulate gas drilling (AP)

AP - The oil and natural gas industry is willing to cooperate with a federal study of natural gas drilling, but opposes regulation of a practice known as hydraulic fracturing.

Industry: No need for EPA to regulate gas drilling

The oil and natural gas industry is willing to cooperate with a federal study of natural gas drilling, but opposes regulation of a practice known as hydraulic fracturing.

Treasury's Barr to testify on Fannie and Freddie (Reuters)

Reuters - Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac .

Greece pledges to overhaul loss-making state rail (AP)

Coast guards lock the gate of the harbor as riot police take positions during a protest  in Thessaloniki, Greece Friday Sept. 10, 2010. Unions are staging protests in Thessaloniki ahead of an annual weekend speech on the state of the economy by Prime Minister George Papandreou. Unions are angry at plans by Papandreou's Socialist government to sell-off and reform loss-making state enterprises and relax labor rules as part of an effort deal with Greece's acute debt crisis. (AP Photo/Dimitri Messinis)AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.


Obama picks new top economist (AFP)

US President Barack Obama(R) on Friday named Austan Goolsbee(L), an economics professor seen here in 2008 and who is currently working in his administration, to chair the Council of Economic Advisors (CEA).(AFP/Getty Images/File/Scott Olson)AFP - US President Barack Obama on Friday named Austan Goolsbee, an economics professor currently working in his administration, to chair the Council of Economic Advisors (CEA).


Igor regains strength, now tropical storm (AP)

Caretaker Frankie Donison follows Florence Dobrey, in wheelchair, as Arlington firefighters Dale Alexander and Caleb Caballero rescue them from their flooded home in Wodland Park neighborhood in Arlington, Texas Wednesday, Sept. 8,  2010. Rain spawned by Tropical Storm Hermine caused flooding in Arlington.   (AP Photo/Star-Telegram/Joyce Marshall)AP - Igor has regained tropical storm strength as it moves across the open Atlantic Ocean.


Industry body decries Nepali media's smear campaign

A 'malicious' smear campaign by certain sections of the Nepali media against Dabur would hamper investment plans of Indian companies and result in foreign direct investment being diverted away from that country, a leading industry body said here Friday.

Nokia brings in Microsoft exec to replace CEO (Reuters)

A girl tests out the new Nokia N8 mobile phone at the Nokia Flagship store in Helsinki September 10, 2010. REUTERS/Markku Ulander/LehtikuvaReuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.


Factory killings

A woman who had just been suspended from her job in a Kraft Foods factory in Philadelphia, returned with a gun and opened fire, killing two people and injuring a third.

Industrial Ethernet Switch tolerates -40 to +80°C temperatures.

Husky Series HMG-448GE-CD Industrial Extended Temperature, 8-port Full Gigabit Managed Ethernet Switch supports four 10/100/1,000T Ethernet ports and 4 small form pluggable ports that support dual mode and digital monitoring interface. Unit provides self-recovery in under 10 msec on full load, allowing establishment of redundant Ethernet network. Its terminal block offers 12-48 Vdc and 18-30 Vac ...

Industrial production 'at record'

Industrial production rose in July, reaching a monthly record and growing 12.4 per cent compared to the same month in 2009.

Oil sends factory gate inflation lower

LONDON (SHARECAST) - Factory gate inflation dropped to a six-month low in August as oil prices fell back. The Office for National Statistics reported producer prices grew by 4.7% last month from 5% in July. Market predictions had been for an annual rise of 4.8%.

Total considers sale of British petrol stations (AFP)

French energy giant Total has said it could sell its 480 petrol stations in Britain as part of a strategic review by its British arm.(AFP/File/Boris Horvat)AFP - French energy giant Total said Friday that it could sell its 480 petrol stations in Britain as part of a strategic review by its British arm.


Admissions Q&A: Brigham Young (BusinessWeek)

BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...

Hotel Industry Seeks Ways To Make Up Lost Revenue | NJ.com

The nation’s hotel industry, already struggling to pull out of its worst slump in decades, is now suffering from another loss in revenue because of the booming popularity of cell phones and laptop computers. In the past, hotel operators could expect to collect extra money by charging guests for in-room phone calls and on-demand movies. Share But today most guests check into a hotel packing cell ...

India industrial output surges 13.8 percent

India's industrial output in July surged by a forecast-busting 13.8 percent, data showed Friday, boosting chances of further interest rate hikes to curb the country's stubbornly high inflation.

The nation's weather (AP)

The Weather Underground forecast for Friday, Sept. 10, 2010, shows a storm system from the West will move across the Upper Midwest, bringing unsettled weather to the Northern Plains. Meanwhile, showers and locally heavy rainfall from the Southern and Central Plains will move into the Mid-Mississippi Valley. (AP Photo/Weather Underground)AP - A low pressure system in the North was forecast to bring active weather to the Central U.S. on Friday.


French industry output rebounds in July

French industry output rebounds in July

Kraft factory shooting: Two workers shot dead and third injured

The unnamed woman walked back into the Kraft Foods factory in Philadelphia and attacked colleagues.

Fiat Industrial's Board to Have Majority Comprised of Non-Fiat Executives

Fiat Industrial SpA , the unit that will be spun off from Fiat SpA by the end of the year, will have a board with a majority of members who aren’t Fiat executives, company documents show.

Trichet: phasing out crisis measures to take time (AP)

AP - It may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank's president has said.

U.K. Factory Prices Rise At Slower Pace In August

U.K. factory output prices rose 4.7% in August compared to the same month a year ago, the Office for National Statistics said on Friday.

Italian Industrial Output Increased in July Less Than Economists Forecast

Italian industrial output rose less than economists forecast in July as domestic demand remained weak during the country’s export -led economic recovery.

July factory output better than expected: Montek

India's July factory output figures were better than expected and there is a good case for the govt to increase its economic growth target for the current fiscal year, deputy head of the Planning Commission Montek Ahluwalia said.

French Industrial Production Climbs as Recovery Prompts Renewed Investment

French industrial production rose in July as the global economic recovery prompted companies to renew investment.

Insurance industry shows losses for 2009

The insurance industry in Ireland made a loss of €124.5m last year, after a profit of €121.9m a year earlier.

Toyota plant in Australia to build greener engines (AP)

AP - Toyota will build a 300 million Australian dollars ($277 million) plant in Melbourne that will produce greener engines that deliver reduced carbon emissions, the company said Friday.
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