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Daily News

General

Dell's Net Profit Drops 54%
However CEO says he sees signs that computer industry is emerging from its slump.

EU Tells Alcoa to Repay Italy State Aid
Claims company received subsidized electricity prices for two smelters

VW to Invest $29 Billion in Three Years
Most of the funds will be allotted to production and equipment sites.

Nokia to Cut 330 Jobs in Finland, Denmark
Company is streamlining its research and development operations

Rolls-Royce says Luxury Car Market Growing in Asia
China will contribute half of the unit sales in Asia next year while India will account for 10% to 12%.

China Boosts World Steel Output
Chinese production was up 42.4% compared to last year

Boeing Starts Work on Second Dreamliner Assembly Site
The facility at North Charleston, .S. C. also will have the capability to support the testing and delivery of airplanes.

Mitsubishi Chemical, Rayon to Reunite
Goal of the merger is to make corporate activity more international in face of increasing competition

Weekly Jobless Claims Flat
Showing trend of slowing job losses

Manufacturing Growth Will Outpace Overall Economy
Industry group points to recovery of extremely low levels of inventory

Infineon Upgrades Outlook
Sees growth of 10% from Oct. 2009 until Oct. 2010

Singapore Says Recession's Over
Predicts growth of 5% in 2010

U.S. Leading Indicators Up for Seventh Month in Row
The Conference Board index edged up 0.3%, following a 1% gain in September and 0.4% rise in August

GE Appoints Tech Center Leader
Current CIO for corporate information services takes helm of advanced manufacturing center

Studies Suggest Link Between Supportive Management Practices and Employee Wellness
Working for managers trained in 'family supportive behavior' can improve physical health and job satisfaction.

Brazil Gets Approval for Sanctions on U.S. Over Cotton
Source says Brazil granted WTO permission to impose sanctions for unfair cotton subsidies.

Benchmarking Tool Aims to Help Semiconductor Facilities Improve Energy Efficiency
'FABS21' users can filter peer facilities' data set based on climate zone, facility type and cleanliness level.

Teens Show Little Interest in Manufacturing
Most would prefer white-collar careers, according to survey

Chinese Policies Continue to Undermine U.S. Manufacturing Sector
The latest report from a Congressional panel warns against Chinese trade, cyber activities.

Supply Chain Risk Becomes Strategic Imperative as Need for Cost Cutting Continues
Cost-cutting measures continue to supersede longer-term investment-driven directives.

Improved Sourcing Capabilities for Manufacturers
MFG.com unveils new global web platform

Labor Department Provides $55 Million in Green Jobs Grants
Funds target training initiatives for minorities and other underserved groups

EU Mishandled Intel Case
An ombudsman said the commission failed to make a proper note of a key meeting with Dell in 2006 relating to the Intel investigation.

Hyundai to Roll Out Small Car for Indian Market
Hyundai already has 21% of the Indian market.

Boeing Introduces New Version of Boeing 747 Jumbo Jet
First test flight in early 2010

UAE Company Buys 40% in Electric Car Maker
Heuliez Electric is developing a three-seater car called Friendly, set to go on general sale by 2012.

Steel Shipments Up 3.9% in September
But number is off 27% from August 2008

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Information Technology

Majority of Manufacturers View IT as Critical to Business Operations
One in five respondents to a recent survey indicates that current systems are not meeting operational and process improvement needs.

A Strong Measurement for Greenhouse Gas Reductions
Autodesk introduces the Corporate Finance Approach to Climate-Stabilizing Targets.

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IW 50 News

Harris Corp.: IT for the Battlefield and Beyond
Technology deals aimed at expanding health care and defense offerings

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