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Manufacturing

ITC banned Motorola Mobility Smartphone import in US

International Trade Commission has banned Motorola Mobility’s android powered Smartphone import in the United States for violating Microsoft patents.

Hewlett Packard considering cutting 20,000 jobs

IT Company Hewlett Packard said that it is considering cutting about 20,000 jobs in order to help the company in contending with the fading demands of computers.

Apple To Sue Samsung Over Patent Violation

In a latest law suit Apple has filled a patent violation case against Samsung in a US court stating that Samsung’s Galaxy Nexus violates its 4 patents.

Houston historic skyscraper razed

17 seconds! That’s exactly the time it took for Houston’s historic skyscraper to be reduced to a pile of dust and rubble.

GM recalls Volt over battery fire issues

General Motors (GM) is recalling its 8000 hybrid Chevrolet Volt cars sold in past 2 years.

GM recalls 4296 Chevy Sonic over missing brake pads

General Motors (GM) is recalling 4,296 units of its newly launched 2012 Chevrolet Sonic subcompact cars to check for missing brake pads.

8 Ferraris, 3 Mercedes, Lamborghini crash; toll more than million dollars

In what can be termed as one of the most expensive car crashes in history, eight Ferraris, three Mercedes and a Lamborghini were damaged in a 14-vehicle pileup on a highway in Japan Sunday.

Honda recalls 304000 cars over air bag defects

Japanese car maker Honda Motor Co. (NYSE:HMC) on Friday announced a recall of close to 304,000 vehicles globally for defective air bag deployment systems.

Daimler to drop Maybach line of luxury cars

Daimler has decided to do away with its Maybach line of super-luxury cars by 2013.

Thai floods force Honda to slash output in North America by half

The production woes of Honda Motor Co. (NYSE: HMC) show no signs of abating. The Japanese car-maker, still tottering from output disruptions after the March Tsunami disaster, has now been hit by floods in Thailand.

Nissan aims to sell 1.5mn electric cars by 2016

In a bid to become the world's No. 1 in green cars, Nissan Motor Co. is aiming to sell 1.5 million battery electric vehicles by fiscal year 2016.

RPM declares cash dividend

RPM International Inc., which manufactures Rust-Oleum as well as industrial coatings, sealants and building materials, announced quarterly cash dividend of $0.215 per share Thursday.

The dividend will be payable on Oct. 31, 2011, to stockholders of record as of Oct. 17, 2011.