Tag: industry

February 1, 2023

Splunk Inc. SPLK 4.36%increase; green up pointing triangle said it is laying off about 325 employees, or 4% of its staff, becoming the latest tech company to cut jobs. The company, which makes software used by information-technology and security operations […]

February 1, 2023

Intel Corp. INTC 3.45%increase; green up pointing triangle Chief Executive Pat Gelsinger and other managers are taking pay cuts, days after the chip maker posted quarterly earnings that disappointed Wall Street and spurred a downgrade in the company’s credit rating. […]

February 1, 2023

Boeing [NYSE: BA] and Atlas Air Worldwide [Nasdaq: AAWW] joined thousands of people – including current and former employees as well as customers and suppliers – to celebrate the delivery of the final 747 to Atlas, bringing to a close […]

January 31, 2023

Phoenix Contact announces the promotion of Davis Mathews and Heath Scoggin as the new leadership team for Phoenix Contact Development and Manufacturing, Inc. Mathews and Scoggin will lead the Industry Management and Automation (IMA) and Industrial Components and Electronics (ICE) […]

January 31, 2023

Växjö, Sweden, 31 January 2023 * * * JLT Mobile Computers, a leading developer of reliable computing solutions for demanding environments, has upgraded its powerful and versatile JLT6012 rugged vehicle-mount terminals (VMTs). Originally developed for demanding warehouse and logistics applications […]

January 31, 2023

Branded L-TOGL and measuring 9.9 x 11.8 x 2.3mm (right), the AEC-Q101-capable package is designed for up to 175°C, 100V, 400A, 750W, with minimum mosfet device Rds(on) around 300μΩ. This compares with 250A, 372W and ~740μΩ from the company’s existing […]

January 31, 2023

GMC’s first-ever 2024 all-electric Hummer SUV has sold for a whopping $500,000 in a recent auction. Although the first Hummer EV SUV sold for a hefty amount, it is way cheaper than the first Hummer EV pickup. GMC’s First 2024 […]

January 30, 2023

“This partnership will build on SPL’s world-first 5G demonstration from the stratosphere in 2022,” said SPL CEO Richard Deakin. Funded by Innovate UK, the trials will be at BT’s labs at Adastral Park and “could offer transformational opportunities for sectors […]

January 30, 2023

For the second time this January, House Republicans have advanced a measure to restrict presidential use of the nation’s emergency oil stockpile — a proposal that has already drawn a White House veto threat. A GOP bill approved Jan. 27 […]

January 12, 2023

To be competitive, manufacturers need to be agile when it comes to tech implementations. This requires a robust talent pipeline of contingent workers that can be scaled up or down as projects develop and evolve. But how can companies build […]

January 9, 2023

There was a huge moment of bipartisanship last week. You probably missed it, since it happened at the same time that the House began voting on electing a new Speaker, and well, it went poorly for awhile there for Rep. […]

December 1, 2022

Caraway is a popular brand of premium, non-toxic kitchenware and has maintained a significant presence in the ecommerce space for three years. In 2021, Caraway tapped ITS Logistics to support its expansion into omnichannel markets, specifically focusing on increasing its […]

December 1, 2022

In an agreement with New York State, Li-Cycle will create nearly 270 jobs in Monroe County, part of the Finger Lakes Region, through the performance-based Excelsior Jobs Tax Credit Program. The Canadian lithium-ion battery resource recovery company will expand its […]

November 22, 2022

EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Autonomous Aerial Vehicle (“AAV”) technology platform company, announced its participation in an EU-funded project, the SBAS (EGNOS) Adoption in Multicopter VTOL Aircraft (“SAMVA”) project, for deploying European Geostationary […]

November 22, 2022

Airbus and ArianeGroup have signed a contract for the next transition batch of Ariane 6 large carbon fibre structures. The contract includes the manufacturing and supply of innovative, large, lightweight structures for the next fourteen Ariane 6 launchers, to be […]

November 22, 2022

Hyperion Motors, Inc., a hydrogen technology company, announced the launch of its Hyper:Fuel Mobile Stations™, capable of refueling both hydrogen fuel cell electric vehicles (FCEVs) and battery electric vehicles (BEVs). The mobilized refueling station will be available across the nation, […]

November 21, 2022

Republican wins at the ballot box have long translated into gains for the business lobby in Washington. This election is likely to be no exception, despite the party’s increasingly populist slant. The GOP takeover of the House will give Republicans […]

November 18, 2022

You know what’s both cool and good? Lemme tell you, buddy: The Inflation Reduction Act (IRA). It’s cool because a society-wide switch to clean energy will slow down the warming climate, and it’s good because it will help facilitate that. […]

November 14, 2022

English actor, comedian and Monty Python alumnus Eric Idle credits early detection for his victory over pancreatic cancer, known as the world’s deadliest common cancer. “The good news is that we are starting to fight back,” said Idle after creating […]

November 14, 2022

It’s no secret that the engineering sector is experiencing a shortage of workers. In fact, research shows that the industry will need to train and employ around 200,000 people by 2024 to fill the gap. Here, we’ll explore how your business can […]