Latest Industrial machinery and equipment News

South Africa power cuts hurt economy even as recession ends

Dec. 4, 2018 7:47 AM EST

JOHANNESBURG (AP) — South Africa's troubled power utility on Tuesday implemented power cuts nationwide, intensifying concern about growth in one of Africa's biggest economies even as the country announced it has emerged from recession. State-owned Eskom said it took the measure, which followed similar cuts...

Salaried workers beware: GM cuts are a warning for all

Dec. 1, 2018 12:22 PM EST

DETROIT (AP) — For generations, the career path for smart kids around Detroit was to get an engineering or business degree and get hired by an automaker or parts supplier. If you worked hard and didn't screw up, you had a job for life with enough money to raise a family, take vacations and buy a weekend...

New leftist president promises transformation of Mexico

Nov. 30, 2018 12:05 AM EST

MEXICO CITY (AP) — Mexico's incoming president, Andres Manuel Lopez Obrador, is folksy, plain-spoken, and spontaneous — perhaps too much so for financial markets, which have been roiled in advance of his inauguration Saturday. Lopez Obrador is the first president since the Mexican Revolution to rise...

Asian stocks mixed after wobbly trading on Wall Street

Nov. 27, 2018 10:18 PM EST

TOKYO (AP) — Asian shares were mixed Wednesday after a wobbly day of trading on Wall Street, and uncertainty loomed as investors looked toward the G-20 meeting of world leaders later in the week. KEEPING SCORE: Japan's benchmark Nikkei 225 rose 0.9 percent in morning trading to 22,140.95, while Australia's...

United Technologies is breaking into 3 independent companies

Nov. 27, 2018 12:06 AM EST

NEW YORK (AP) — United Technologies is breaking itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company's announcement Monday was the latest by a sprawling industrial conglomerate deciding it will be more...

United Technologies is breaking into 3 independent companies

Nov. 26, 2018 8:01 PM EST

NEW YORK (AP) — United Technologies is breaking itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company's announcement Monday was the latest by a sprawling industrial conglomerate deciding it will be more...

Spinal-cord stimulators help some patients, injure others

Nov. 26, 2018 6:36 PM EST

COLUMBIA, South Carolina (AP) — Desperate for relief after years of agony, Jim Taft listened intently as his pain management doctor described a medical device that could change his life. It wouldn't fix the nerve damage in his mangled right arm, Taft and his wife recalled the doctor saying, but a...

Outgoing Michigan governor pushing for Great Lakes pipeline

Nov. 24, 2018 10:12 AM EST

LANSING, Mich. (AP) — Michigan Gov. Rick Snyder hopes to use the final weeks of his tenure to lock in a deal allowing construction of a hotly debated oil pipeline tunnel beneath a channel linking two of the Great Lakes — a plan his successor opposes but may be powerless to stop. The two-term...

Explosion at Chinese factory kills 2, knocks down houses

Nov. 24, 2018 4:35 AM EST

BEIJING (AP) — An explosion at a factory in China's northeast killed two people and injured 57 others, the local government said Saturday. The blast Friday night at a factory that made industrial machinery knocked down 15 houses and damaged 355 others, the government of Dongfeng County in Jilin province...

Snyder seeks $630M for roads, CPS caseworkers, water cleanup

Nov. 21, 2018 5:22 PM EST

LANSING, Mich. (AP) — Michigan Gov. Rick Snyder is seeking a final $630 million budget bill before he leaves office, proposing to spend more to repair roads, address water contamination and hire 246 additional child protective services caseworkers following a scathing audit. The state budget office made...