Latest Industrial equipment manufacturing News

FILE - In this June 16, 2020 file photo, the sun is reflected on Apple's Fifth Avenue store in New York. Apple is the first U.S. company to boast a market value of $2 trillion, just two years after it became the first to reach $1 trillion. Apple shares have gained nearly 60% this year as the company overcame the shutdown of factories in China that produce the iPhone and the closure of its retail sales amid the coronavirus pandemic.  (AP Photo/Mark Lennihan, File)

Apple reaches $2 trillion market value as tech fortunes soar

Aug. 19, 2020 4:37 PM EDT

BERKELEY, Calif. (AP) — Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital services are like instruments orchestrating people's lives. The iPhone maker reached the $2 trillion milestone...

FILE - In this Aug. 18, 2017, file photo, electrical power flow and conditions are monitored at the California Independent System Operator (California ISO) grid control center in Folsom, Calif. A heat wave baking California in triple-digit temperatures continued to strain the electrical system Saturday, Aug. 15, 2020. But Saturday afternoon, the California ISO, which manages the power grid, said that it did not need to order power outages because the grid was able to handle consumer demand. (AP Photo/Rich Pedroncelli, File)

Power back in California after brief rolling blackouts

Aug. 16, 2020 12:23 AM EDT

SAN FRANCISCO (AP) — California’s utilities on Saturday night are bringing back power to thousands of customers across the state after a brief outage, according to the authority that operates the power grid. The California Independent System Operator (California ISO) said in a statement that the...

FILE - In this Nov. 30, 1999, file photo, Seattle police use tear gas to push back World Trade Organization protesters in downtown Seattle. The Associated Press found that there is no government oversight of the manufacture and use of tear gas. Instead, the industry is left to regulate itself. (AP Photo/Eric Draper, File)

Lack of study and oversight raises concerns about tear gas

Aug. 6, 2020 11:43 AM EDT

SALEM, Ore. (AP) — On June 2, Justin LaFrancois attended a protest against police violence and racism in downtown Charlotte, North Carolina, where he planned to livestream the event for his alternative newspaper’s website. Shortly into the march, police, who reported that water bottles and rocks...

FILE - In this July 26, 2020, file photo, federal officers launch tear gas at demonstrators during a Black Lives Matter protest at the Mark O. Hatfield U.S. Courthouse in Portland, Ore. The Associated Press found that there is no government oversight of the manufacture and use of tear gas. Instead, the industry is left to regulate itself. (AP Photo/Marcio Jose Sanchez, File)

Lack of study and oversight raises concerns about tear gas

Aug. 6, 2020 11:41 AM EDT

SALEM, Ore. (AP) — On June 2, Justin LaFrancois attended a protest against police violence and racism in downtown Charlotte, North Carolina, where he planned to livestream the event for his alternative newspaper’s website. Shortly into the march, police, who reported that water bottles and rocks...

Siemens profit falls on COVID-19 issues, taxes

Aug. 6, 2020 5:03 AM EDT

FRANKFURT, Germany (AP) — Siemens AG, maker of trains, power generation equipment and other heavy industrial goods, said Thursday that net profit fell by half due to higher taxes and losses at its Siemens Gamesa renewable energy arm related to the virus outbreak. Net profit came in at 535 million euros...

FILE - In this Thursday, Dec. 20, 2018, file photo, investigators work the scene of a small plane crash in a city park which killed all four people on board, in northwest Atlanta. The National Transportation Safety Board says in a report that Tennessee businessman Wei Chen, who was flying the plane, likely lost control after becoming disoriented in cloudy weather after taking off. (AP Photo/John Amis, File)

Report says pilot became disoriented in fatal Atlanta crash

Aug. 5, 2020 7:01 PM EDT

MEMPHIS, Tenn. (AP) — A Tennessee businessman who was flying a plane that crashed in Georgia in 2018 likely lost control after becoming disoriented in cloudy weather after taking off, a National Transportation Safety Board report said. Wei Chen and three passengers were killed in the December 2018 plane...