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Toyota set to achieve 90% of earlier production level

Wed, 06/01/2011 - 16:04 by Anter Prakash Singh

Toyota Motors, the world's biggest car manufacturer, said that production in its factories in Japan is returning back to normal earlier than the prior estimates.

Honda workers asked to take additional days off

Mon, 05/23/2011 - 16:07 by Jamie Anderson

Honda workers in Japanese plants have been asked to take 14 days off in the coming months as production at these factories continues to be disrupted due to the earthquake and tsunami that rocked the country in March.

Older workers more productive--study

Mon, 04/18/2011 - 12:56 by Jaspreet Virk

Worrying that your younger counterparts, who are enthusiastic and vibrant, might take over your jobs sooner or later? Fear not, as a new study has found that older workers are more productive than younger colleagues.

Japan quake disaster may hit global business

Tue, 03/15/2011 - 16:52 by Anter Prakash Singh

While the devastation caused by the earthquake in Japan is still being assessed, economists have already expressed fears that the disaster in Japan could affect the businesses throughout the world with the most impact on the automobile, machine tools and electronics sector.

Mitsubishi gets tax incentive for Illinois plant

Sat, 02/05/2011 - 15:43 by Anter Prakash Singh

Mitsubishi Motors Corp. has announced that it will be investing $45 million to produce the new Outlander Sport crossover at its Normal plant in Illinois starting from 2012.

The Best Way to Play the Rare Earth Run-up

Fri, 12/31/2010 - 15:06 by Rich Smith

Earlier this week, I noted that high-flying rare-earth minerMolycorp (NYSE: MCP) looked overvalued, and more likely to decline in price than Exxon Mobil (NYSE: XOM), another stock sitting atop its current 52-week high. Profitless where Exxon is wildly profitable, dividend-less where Exxon pays 2.4%, and priced at a book value three times that of the oil giant, I saw little hope that Molycorp would continue to outperform the market going forward.

Lockheed to Pentagon: Take the Carrot ... or Else

Thu, 12/23/2010 - 11:45 by Rich Smith

I'll state this plainly: Whether or not you want to own Lockheed Martin (NYSE: LMT) depends entirely on the fate of its trillion-dollar warplane, the F-35 Lightning II. It's really as simple as that -- a trillion dollars (or more) in future program costs makes Lockheed a "buy." Any number significantly smaller than that means the stock is probably a "sell."

'Glee' cast silenced by tonsillitis

Mon, 12/13/2010 - 06:35 by Prince damin

Los Angeles -- Some cast members of Fox Television's hit show "Glee" were diagnosed with tonsillitis in Los Angeles, forcing cancellation of production, officials said.

Among the ill was Dianna Agron, who plays the show's head cheerleader, Entertainment Weekly reported.

The illnesses forced cancellation of Friday's taping and cast members who remained healthy got the day off.

Agron, Tweeting from her bed, said: "Note to self. Should have gotten a flu shot. In bed, hoping that medicine, soup, my computer and a marathon of movies will be the cure."

Cast member Lea Michele was in higher spirits, tweeting: "What a beautiful relaxing day! Went on an awesome hike and just (got) a massage! So happy it's the weekend!"

The Cutthroat Battle for Your Money

Sat, 12/11/2010 - 07:09 by Dan Caplinger

 Investors like to think that the financial advisors they work with are 100% focused on making sure they pick the best investments. But now more than ever, advisors have their own jobs to worry about -- and as Wall Street deals with increasing regulation and pressures on profits, you may find yourself on the short end of the customer-service stick.

 

AMC plans first mystery series

Fri, 12/03/2010 - 09:25 by Prince damin

New York -- AMC says it began production Thursday in Vancouver on its next series, "The Killing," an adaptation of Danish television drama "Forbrydelsen."

From writer, executive producer and series showrunner Veena Sud, "The Killing" tells the story of the murder of a young girl in Seattle and the subsequent police investigation.
Produced by Fox Television Studios, it is executive produced by Mikkel Bondesen for Fuse Entertainment. Fuse's Kristen Campo is co-producing.

Season 1 consists of 13, one-hour episodes. It is slated to premiere in March.

Chrysler to resurrect the Viper

Thu, 12/02/2010 - 10:15 by Prince damin

Auburn Hills, Mich. -- U.S. automaker Chrysler confirmed Wednesday that its high-performance Viper, tucked away this summer, would not stay wrapped on moth balls for long.

After 18 years of production, Chrysler stopped making the sports car in July. Now the automaker that merged with Fiat after emerging from bankruptcy in 2009 said it would have a a 2013 model Viper in production in the summer of 2012.

The partnership with Fiat has fueled speculation the car will be outfitted with a Ferrari engine. Not so, said Ralph Gilles, head of the Dodge brand, the Detroit News reported.

Gilles said Chrysler planned to go through the car from top to bottom and leave nothing "untouched." But the car, he said, was its own boss.

Industrial output flat in October

Wed, 11/17/2010 - 07:27 by Prince damin

Washington -- U.S. industrial production was unchanged in October after falling 0.2 percent in September, the Federal Reserve said Tuesday.

The Fed said manufacturing output rose 0.5 percent after rising 0.1 percent in September, a revised figure from a month ago.

Production at mines fell 0.1 percent after a gain of 0.1 percent in September. At the nation's utilities, production fell 3.4 percent due to an unseasonably warm October, which cut demand for heating.

Capacity utilization, measuring production as a percentage of manufacturing, mining and utilities operating at full steam, was flat at 74.8 percent in the month, 5.8 percentage points below the 1972 to 2009 average.