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Friday Is Manufacturing Day

Posted On October 02, 2014

(Undated) -- Friday is the third annual Manufacturing Day. President and CEO of Fabricators and Manufacturers Association, International Ed Youdell says even President Obama is getting involved.   Friday is a day for manufacturing plants to open their doors to the public so they can learn about manufacturing in today's world. Youdell says the hope…

Philips To Appeal $66 Million Dollar Judgment

Posted On October 02, 2014

(Undated) -- Philips Electronics says it plans to appeal a court ruling ordering the company to pay more than 466-million dollars for patent infringement. The patents related to the company's medical equipment division and involve technology used to measure blood oxygen and pulse rates. Philips admitted earlier to infringing on the patents held by Masimo…

Tesla Hints At New Product Launch

Posted On October 02, 2014

(Undated) -- It looks like electric carmaker Tesla has a big launch in the works. CEO Elon Musk sent out a cryptic tweet yesterday saying it's "about time to release the D and something else." He didn't offer any details, but did post a photo showing a pair of sleek headlights poking out of a…

Buffet Wins: Coke To Revise Executive Pay

Posted On October 01, 2014

(Atlanta, GA) -- Coca-Cola is announcing it will revise its executive pay structure after billionaire Warren Buffett called it "excessive." Buffett, whose Berkshire Hathaway is Coke's largest shareholder, discussed his unhappiness with the beverage giant's compensation plan with its CEO Muhtar Kent after Coca-Cola's annual meeting in April. Under the new plan, Coke will offer…

Natural Gas Costs Will Spike This Winter

Posted On October 01, 2014

(Undated) -- People who are using natural gas will be paying more this winter. The American Gas Association is forecasting a mild spike in energy costs for the winter months.   The AGA's Managing Director Bruce McDowell did say that this winter will not be as cold as last and people may be able to…