Industrial machinery and equipment

May 08, 2019 - 6:00 am
FRANKFURT, Germany (AP) — German industrial equipment maker Siemens says it will cut some 10,000 jobs in a major restructuring that will involve spinning off its oil, gas and power generation business and creating new areas of growth. News of the moves to increase profitability and address the...
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FILE- In this March 4, 2019, file photo a worker cleans a jet bridge before passengers boarded an Alaska Airlines flight to Portland, Ore., at Paine Field in Everett, Wash. U.S. employers are expected to have delivered a solid month of job growth in April, buoyed by a resilient economy that has confounded concerns that 2019 would begin with a slowdown. Another decent hiring gain would highlight the economy’s steady health just months after many analysts had expressed fear that growth was poised to weaken and a recession might soon occur. (AP Photo/Ted S. Warren, File)
May 03, 2019 - 5:12 pm
NEW YORK (AP) — The overall economy is adding jobs, but there's one spot that appears to be in a funk: retail. Overall, U.S. employers added 263,000 jobs in April, according to the government data released Friday. The retail sector lost 12,000 jobs that same month. That decline wasn't a blip; the...
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April 08, 2019 - 12:58 am
PRUDHOE BAY, Alaska (AP) — New technology is being used to search for untapped oil in an Alaska bay that is already an established source of fossil fuel, according to officials. Oil and gas company BP is employing "3D seismic" technology to locate small pockets of previously undiscovered oil in...
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FILE- In this March 7, 2019, file photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh. On Friday, April 5, the U.S. government issues the March jobs report. (AP Photo/Keith Srakocic, File)
April 05, 2019 - 6:10 pm
WASHINGTON (AP) — A month ago, many economists fretted that the 10-year U.S. expansion looked wobbly. But after the government reported Friday that hiring rebounded in March, the economy suddenly looks sturdy again. Growth has weakened since last year to something closer to the modest pace that has...
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FILE - In this March 8, 2017, file photo, emergency personnel work at the scene after a plane carrying the Michigan men's basketball team slid off a runway during an aborted takeoff at Willow Run Airport, in Ypsilanti, Mich. Investigators said Thursday, March 7, 2019, the plane off a runway in 2017 after a jammed part prevented pilots from tilting the nose upward during takeoff. (Melanie Maxwell/The Ann Arbor News via AP, File)
March 07, 2019 - 7:47 pm
A plane carrying the University of Michigan basketball team had already reached the critical speed at which pilots could no longer stop it on the runway. The captain abandoned the takeoff anyway, surprising the pilot in the next seat. The plane hurtled 950 feet (290 meters) past the end of the...
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This undated picture provided by the Volkswagen car manufacturer shows a Volkswagen Buggy electric car. The new Volkswagen Buggy will be presented at the 'Geneva International Motor Show' which takes place in Geneva, Switzerland, from March 7 until March 17, 2019. Automakers are rolling out new electric and hybrid models at the show as they get ready to meet tougher emissions requirements in Europe - while not forgetting the profitable and popular SUVs and SUV-like crossovers. (Volkswagen via AP)
March 05, 2019 - 11:08 am
GENEVA (AP) — Carmakers at the Geneva International Motor Show are unveiling new electric vehicles they hope will transform the industry as well as the high-end sports cars that are a fixture at the show. Volvo Car Group's Polestar is showing off a battery-powered midsize hatchback while Volkswagen...
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The Jaguar I-Pace model was elected "Car of the Year 2019", ahead of the 89th Geneva International Motor Show, at the Palexpo, in Geneva, Switzerland, on Monday, March 4, 2019. (Salvatore di Nolfi/Keystone via AP)
March 05, 2019 - 4:15 am
GENEVA (AP) — The Latest on the Geneva auto show (all times local): 10:15 a.m. Lamborghini is vying for the younger — and decidedly well-heeled — set with the rollout of its new convertible Huracan EVO Spyder. Featuring hybrid aluminum and carbon-fiber frame and gas-guzzling seven speeds, the...
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FILE- In this Dec. 17, 2018, file photo, a pair of athletic shoes designed for the military are laced up at a New Balance factory in Norridgewock, Maine. On Friday, Feb. 15, 2019, the Federal Reserve reports on U.S. industrial production for January. (AP Photo/Robert F. Bukaty, File)
February 15, 2019 - 10:18 am
WASHINGTON (AP) — U.S. industrial production fell 0.6 percent in January, stemming in large part from an 8.8 percent plunge in the making of motor vehicles and auto parts. The Federal Reserve said Friday that that the manufacturing component of the index dropped 0.9 percent last month, reversing a...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 5, 2019. Shares are lower in most markets open in Asia with much of the region taking a break for the Lunar New Year.(AP Photo/Eugene Hoshiko)
February 04, 2019 - 11:39 pm
BANGKOK (AP) — Shares are lower in most markets open in Asia with much of the region taking a break for the Lunar New Year. Shares edged lower in Japan and India on Tuesday but surged 2.1 percent in Australia following a report on banking malpractices that was less severe than anticipated. The weak...
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In this Dec. 18, 2018, photo, a surveillance camera is mounted near the Huawei headquarters in Shenzhen in south China's Guangdong province. The U.S. Justice Department unsealed criminal charges Monday, Jan. 28, 2019 against Chinese tech giant Huawei, a top company executive and several subsidiaries, alleging the company stole trade secrets, misled banks about its business and violated U.S. sanctions. (AP Photo/Andy Wong)
January 30, 2019 - 4:58 am
WASHINGTON (AP) — U.S. and Chinese negotiators start two days of high-level talks Wednesday aimed at settling a six-month trade war that has weakened both sides, shaken financial markets and clouded the outlook for the global economy. Yet the odds seem stacked against any substantive resolution...
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