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Viacom boss set to depart following $72m settlement

BBC World - Business - Fri, 08/19/2016 - 16:43
Viacom's chief executive is expected to leave following a fraught battle for control of the US media giant

Sunshine or rain: What's the state of the UK economy?

BBC World - Business - Fri, 08/19/2016 - 16:20
What is the state of the UK economy in the wake of the country's vote to leave the EU? And what have we learnt from the past week's clutch of numbers?

Is Focus on Shareholder Value Killing Manufacturing?

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 16:15
How the short term focus on maximizing shareholder value and the predatory strategies of Wall Street are decimating the U.S. manufacturing sector.

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Categories: Manufacturing

When It Comes to Manufacturing, Words Fail Us

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 16:04
IW's Manufacturing Voice What is manufacturing? IndustryWeek Executive Editor Steve Minter discusses some of the new attempts to categorize manufacturing activities, the blurring of manufacturing and services, and the impact on industry business models. Audio File:  IW's Manufacturing Voice - 81916, 4.30 PM.mp3

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Categories: Manufacturing

Uber to Launch Driverless Car Service in Pittsburgh

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 13:33
Uber said the program would begin with the cars carrying company "co-pilots," engineers and safety personnel, after testing the cars in the western Pennsylvania city without passengers for months.

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Categories: Manufacturing

Brexit pushes Opel to cut staff hours in Germany

BBC World - Business - Fri, 08/19/2016 - 13:13
German carmaker Opel plans to cut its workers' hours this year because it expects Brexit to hurt its UK sales.

Ford Promises Fully Automated Vehicles by 2021

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 12:26
Leah Scully In 1913, Ford implemented the first moving assembly line for automobiles, building its Model T automobile in a little over two and a half hours.

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Categories: Manufacturing

Creating a Winning Team: How Business Leaders Can Inspire Purpose 
in their Employees

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 12:04
In the last seconds of a close-scoring basketball game, a coach will huddle his players and draw up a play designed to result in a winning shot and victory. If just one teammate is disengaged, though, the play can go awry and the team fall short of accomplishing its purpose.

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Categories: Manufacturing

From Teakettles to Trucks: Breaking in Through the IoT

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 12:01
Aaron Marsh Oh, the possibilities that a system of interconnected wireless devices — generally categorized as the Internet of Things (IoT) — can create, like smarter, more efficient offices, homes, vehicles and environments of all kinds, or new ways your business could be compromised by cybercriminals with you perfectly unaware.

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Categories: Manufacturing

Selfies fuel boom in make-up sales for Estee Lauder

BBC World - Business - Fri, 08/19/2016 - 11:55
Estee Launder's turnover grows as the selfie means that the snap-happy want to be camera ready at all times.

“Extending Payment Terms” Is Just Another Term for Pilfering

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 11:39
Don’t assume that OEMs have the power to call all of the shots. Suppliers have more leverage than they know.

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Categories: Manufacturing

Emerson Boosts Revamp With $3.15 Billion Pentair Valves Deal

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 11:22
The Pentair unit will complement Emerson’s existing valve and actuation business and lead to cost savings, CEO David Farr said.

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Categories: Manufacturing

Can You Qualify for Greater Manufacturing Tax Deductions?

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 11:00
Donna Holm, Senior Tax Manager, Sensiba San Filippo In 2004, Congress enacted the Domestic Production Activities Deduction as a way to provide tax relief for manufacturers in the U.S. Make sure you're taking advantage of its generous provisions.

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Categories: Manufacturing

Deere Raises Full-Year Profit Forecast After Cutting Costs

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 10:35
"Deere continues to perform well in the face of challenging market conditions," CEO Sam Allen said in the statement.

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Categories: Manufacturing

Double-Digit Declines in Metal Service Centers’ Shipments

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 10:24
North American metals service centers continued to report declining shipment volumes for steel and aluminum during July, with double-digit reductions in steel and aluminum from June and July 2015.

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Categories: Manufacturing

Boeing Wins $2.8-Billion Order for USAF Tankers

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 10:20
Boeing Defense, Space & Security has a new, $2.8-billion U.S. Air Force contract to start low-rate initial production for two “production lots” of the KC-46A tanker aircraft. The first lot involves seven aircraft, while the second covers 12 aircraft. Including future options, Boeing expects to build 179 of these refueling and strategic airlift aircraft for the USAF.

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Categories: Manufacturing

Columbia Pipeline Group Reaches 99.5 Percent Availability with PlantPAx System

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 10:00
Sponsored The Columbia Pipeline Group needed to modernize its operational environment to improve reliability, gain better insight into operational data and better predict maintenance needs. The gas transmission company decided to implement a virtualized PlantPAx process control system to share information across facilities and up to the executive level. The company reached 99.5 percent availability of its compression fleet and saved approximately $2.3 million in maintenance costs in 2014.

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Categories: Manufacturing

Exxon, Chevron, Hess Said to Be in Joint Bid for Mexican Oil

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 09:33
Consortium to bid on opportunity to produce oil in the 10 areas up for auction, in the Perdido area near the maritime border with the U.S. and in the southern Gulf’s Cuenca Salina, on Dec. 5.

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Categories: Manufacturing

VW’s German Production Grinding to Halt Over Spat With Supplier

IndustryWeek - Manufacturing - Fri, 08/19/2016 - 09:20
Supplier dispute with Volkwagen jeopardizes production and highlights the degree to which a parts-maker can disrupt output as automakers rely increasingly on suppliers.

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Categories: Manufacturing

Will Brexit deal suit the City of London?

BBC World - Business - Fri, 08/19/2016 - 09:13
Has the City of London already decided that the UK will not be able to keep full membership of the EU single market after Brexit?