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Latest production news and updates

Money Matters - Simplified


Mass production of iPhone 5S to start later this month claims Analyst

Finally news from the Apple front...Apple iPhone users will be pleased to know that the much awaited mass production of the next generation iPhone, iPhone 5S will start by the end of this month.

Google Glass Explorer Edition to reach developers very soon

The wait for the much-talked about Google Glass Explorer Edition is over as the technology giant is ready to dispatch the first shipment of the product.

Best Buys, Staples to offer Microsoft Surface RT tablet

Some heartening news for people eagerly awaiting a chance to lay their hands on Microsoft’s Surface RT tablets!! The device will be available to consumers in a number of retail stores by this weekend.

Toyota set to achieve 90% of earlier production level

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

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

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

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

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

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

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."