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Source Match Industrial News

Exclusive: Facebook governance a concern for Calif pension fund (Reuters)

Reuters - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System.

Exclusive: MGM secures $500 mln loan to expand film, TV slate (Reuters)

Reuters - Metro-Goldwyn Mayer said its lenders agreed to loan the studio $500 million to retire debt it took on when it emerged from bankruptcy about a year ago and to expand its film and TV production.

Mortgage deal faces setbacks, again (Reuters)

Reuters - A multi-state mortgage settlement in the works for more than a year will likely be pushed back again as dissident U.S. states continue to press specific concerns and ignore a Monday deadline to decide whether they will sign it.

Yum Brands posts 30 percent 4th-qtr profit rise (AP)

File - This Nov. 22, 2011 file photo provided by Yum Brands, shows the Pizza Hut Big Dinner filled with two medium rectangular one-topping pizzas, eight wings and five breadsticks. Yum Brands releases quarterly financial results Monday, Feb. 6, 2012, after the market close.(AP Photo/Pizza Hut, File)AP - Yum Brands Inc., owner of the Pizza Hut, Taco Bell and KFC fast-food chains, said Monday that its fourth-quarter profit rose 30 percent with a recipe of strong overseas growth mixed with a sales turnaround at Pizza Hut in the U.S.


Greece caves in on civil service firings (AP)

A woman walks past a advertising board for a pawn shop, in central Athens, on Monday, Feb. 6, 2012. Parties backing Greece's coalition government will hold a second day of emergency talks Monday on a vital austerity deal with rescue creditors, after an intense weekend of negotiations failed to produce a breakthrough needed to avert bankruptcy in March. (AP Photo/Dimitri Messinis)AP - Greece's coalition government caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.


Ford won't bid to replace military Humvees (Reuters)

Reuters - Ford Motor Co said on Monday it had decided not to participate in a new Pentagon competition to replace the U.S. military's fleet of workhorse Humvee vehicles.

Key states move closer to foreclosure-abuse deal (AP)

AP - California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households.

Greeks delay bailout talks as Merkel demands action (Reuters)

Prime Minister Lucas Papademos arrives at his office in Athens for a meeting with Greek political leaders February 5, 2012. REUTERS/Yiorgos KarahalisReuters - German Chancellor Angela Merkel told Greece Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day.


Mammogram Readers Could Take a Cue from Film-Making (LiveScience.com)

LiveScience.com - The accuracy of a person reading a mammogram is improved when their gaze is subtly shifted toward suspicious areas, and nudged around to ensure that they look at every part of the scan, according to new research.

Housing plan helps nearly 1 million homeowners (Reuters)

Txera Alonso (L) and Juan Carlos Bezarra, volunteers from the pressure group Berri-Otxoak walk towards the town hall during a Reuters - Nearly 1 million U.S. homeowners have won permanent reductions on mortgage payments since the Obama administration launched its foreclosure prevention program in 2009, the U.S. Treasury said on Monday, only a fraction of the total it aimed to reach.


Ship that hit Ky. bridge has precious space cargo (AP)

AP - The hulking cargo ship that tore through a western Kentucky bridge last month is carrying millions of dollars of rocket components that will be used to blast satellites into space for NASA and Department of Defense missions.

Industrial-strength award for Massey mathematician

A Massey University professor who uses mathematics to model the drift of ash from volcanic eruptions as well as solving industrial problems has just been awarded the highest Australasian accolade for maths in industry.

Brightest Galaxy Ever Seen With Gravity Lens Shines in Hubble Photo (SPACE.com)

SPACE.com - A fluke of astrophysics has revealed what scientists are calling the brightest galaxy ever seen through a cosmic "zoom lens," NASA officials say.

Industry group says 2011 chip sales inched higher

Worldwide sales of semiconductors grew 0.4 percent in 2011, despite a tough time for the sector due to natural disasters and the weak economy, according to a report released Monday by an industry group.

Commercial Composting a Growth Industry in Austin (ContributorNetwork)

ContributorNetwork - While Austin, like most Texas cities, has a recycling program, the capital of the state is experimenting with commercial composting, using food and other organic waste to create mulch and potter's soil for commercial use, according to the Austin American Statesman.

The Worthless Junk the 1 Percent Waste Their Money On (ContributorNetwork)

ContributorNetwork - COMMENTARY | Strictly speaking, the 1 percent -- people whose incomes put them above the other 99 percent of us, starting at about $340,000 a year as of 2009, according to IRS data -- don't actually spend much of their money.

Wall St edges lower after string of gains (Reuters)

Specialist trader Jason Hardzewicz (L) of Barclay's Capital gives prices to traders on the floor of the New York Stock Exchange February 3, 2012. REUTERS/Brendan McDermidReuters - Stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.


US oil prices fall below $97 (AP)

AP - U.S. oil prices fell below $97 per barrel Monday as growing supplies offset moves by President Barack Obama and other Western leaders to make it tougher for Iran to sell crude. Here's how energy contracts traded.

Pakistan factory collapse kills 13, traps dozens

Ten women and three children were killed with dozens of others trapped under rubble when a factory collapsed in the Pakistani city of Lahore on Monday, officials said.

Anti-cuts protests push Romania PM out (Reuters)

Reuters - Romanian Prime Minister Emil Boc resigned on Monday, joining a list of European leaders felled by fury at the kind of spending cuts that prompted weeks of mass protests in Bucharest against IMF-backed austerity.

Organization Warns of EPA 'Regulatory Avalanche' (ContributorNetwork)

ContributorNetwork - The Texas Public Policy Foundation is warning of an "approaching regulatory avalanche" in a report. The foundation says new rules in the works by the Environmental Protection Agency could cost billions of dollars and hundreds of thousands of jobs. Here are the details of the report.

Report: Casinos generated $125B spending in 2010 (AP)

AP - A new report shows U.S. casinos and the industries that depend on them made a $125 billion economic splash in 2010 — the equivalent of 1 percent of the total U.S. gross domestic product.

Industry Leaders From Avaya, Cisco and VMware to Keynote at Interop Las Vegas

SAN FRANCISCO, Feb. 6, 2012 /PRNewswire/ --  Interop Las Vegas ® , produced by UBM TechWeb , today announced executives from Avaya, Cisco and VMware are scheduled to take the keynote stage in Las Vegas.  ...

Semiconductor Industry Workshop to Address Fully Depleted SOI Technology for Mobile and Consumer Electronics

BOSTON, Massachusetts, February 6, 2012 /PRNewswire/ --The sixth annual workshop on fully depleted silicon-on-insulator (FD-SOI) technology for advanced semiconductor architectures, featuring technical ...

Rescuers dig to reach trapped in Philippines quake (AP)

Residents rush to higher grounds following tsunami rumors due to a magnitude 6.9 earthquake which hit the island province of Cebu and other central Philippine provinces Monday, Feb. 6, 2012. Authorities said, over a dozen people were killed with rescuers digging with picks and shovels in trying to reach dozens of people trapped under houses collapsed by the strong earthquake Monday. (AP Photo)AP - Rescuers dug with picks and shovels trying to reach dozens of people trapped under houses collapsed by a strong earthquake Monday that shook a central Philippine island and set off landslides.


Factory collapse in Pakistan kills 9, traps dozens

Rescue workers struggled to reach dozens of people trapped in the rubble of a factory that collapsed in an eastern Pakistani city Monday, killing at least nine, officials said.

Auction Industry Pioneer Larry Latham Joins Proxibid

Proxibid , the world’s largest real auction marketplace, today announced that Larry Latham, an auction industry pioneer, has joined its team to add focus to its b

ACT-IAC Selects 2012 Partners Program Class, Government and Industry Nominate their Strongest Leaders

The American Council for Technology-Industry Advisory Council today announced its 2012 Partners Program participants. The executive development program pairs 16 governmen

Applied Industrial Technologies Acquires Two Quebec Distributors

Solutions Industrielles Chicoutimi - Chicoutimi, Quebec Specialites Industrielles Harvey - Quebec City, Quebec CLEVELAND, Feb. 1, 2012 - Applied Industrial Technologies (NYSE: AIT) today announced it has acquired the businesses of Solutions Industrielles Chicoutimi and Specialites Industrielles Harvey. Terms of the sale were not disclosed. Solutions Industrielles Chicoutimi provides bearings ...

Airline Industry Continues to Push for Consolidation

NEW YORK, NY-- - Airline stocks have been on fire this year. The Guggenheim Airline ETF, which seeks to represent a modified equal-dollar weighted index designed to measure the performance of highly capitalized ...

Sabre Launches Industry’s First Eco-Certified Hotel Program

Sabre Holdings, a global technology company for the travel industry, today announced the launch of its Sabre Eco-Certified Hotel Program, an industry first program that provides clear and easy access to sustainable travel offerings throughout Sabre’s portfolio.

German Factory Orders Increase on Demand From Abroad: Economy

German factory orders rose more than economists forecast in December as demand from outside the euro area helped its largest nation weather the sovereign debt crisis.

Pakistan factory collapses in gas blast, 5 dead, many trapped

LAHORE, Pakistan (Reuters) - A three-storey factory collapsed on Monday in the Pakistani city of Lahore after a gas explosion, killing at least five people and trapping dozens, emergency officials said. "The factory has completely collapsed and two houses next to it as well," an emergency official at the site told Reuters by telephone, adding that narrow streets was preventing heavy rescue ...

Music Instrument Industry Optimistic about 2012 Sales, GE Capital Survey Reveals

Participants in the music instrument industry are optimistic about growing sales in 2012 even as they acknowledge that consumer demand has been muted in recent years, according to

Factory collapse in Pakistan kills 4, traps dozens

Rescue workers struggled to reach dozens of people trapped in the rubble of a factory that collapsed in an eastern Pakistani city Monday, killing at least four, officials said.

German Factory Orders Gained on Exports

German factory orders rose more than economists forecast in December as demand from outside the euro area helped its largest nation weather the sovereign debt crisis.

Industrial Leasing Rises, Will Rents?

SADDLE BROOK, NJ-A significant uptick in New Jersey industrial leasing is a sign that tenants are beginning to worry about rising rents, according to CBRE New Jersey's Fourth Quarter 2011 New Jersey Industrial MarketView Report.

Forecast for Canadian Chemical Industry Tops $1 Billion in 2012, an Industrial Info News Alert

SUGAR LAND, TX-- - Researched by Industrial Info Resources --Over the past several years plant owners in the Chemical Processing Industry of Canada have struggled with demand woes and a global recession. The effect of these struggles has been obvious with the annual value of CPI construction kickoffs ...

Factory collapse in Pakistan kills 2, traps dozens

A three-story factory illegally set up in a residential area of an eastern Pakistani city collapsed Monday after several gas cylinders inside exploded, killing at least two people and trapping over 40 others in the rubble, officials said.

Brazil's Eletrobras to Invest $7.29 Billion in Energy Sector in 2012, an Industrial Info News Alert

CORDOBA, ARGENTINA-- - Researched by Industrial Info Resources Latin America -- In 2012, Centrais Eletricas Brasileiras plans to invest $7.29 billion in electrical energy generation , transmission and ...

Industry Experts Predict A Huge Growth In Online Video In 2012

LONDON, UNITED KINGDOM-- - The UK video advertising industry will see a major shift towards online video, according to industry experts. Daniel Ruch, the Chair of the IAB Video Council, the UK's largest ...

Ford Motor Company Begins Construction on $1.1 Billion Expansion in Missouri, an Industrial Info News Alert

SUGAR LAND, TX-- - Researched by Industrial Info Resources -- Ford Motor Company has begun construction in Kansas City, Missouri, on a $1.1 billion expansion of its Claycomo Assembly Plant. The expansion ...

Zacks Industry Outlook Highlights: Union Pacific, Kansas City Southern, CSX, Norfolk Southern and Canadian National ...

Zacks Industry Outlook Highlights: Union Pacific, Kansas City Southern, CSX, Norfolk Southern and Canadian National Railway

The nations weather (AP)

AP - Weather Underground Forecast for Monday, February 06, 2012.

9 dead, dozens missing after blast at Pakistan factory

A three-story factory collapsed on Monday in Lahore after a gas explosion, killing at least nine people and trapping dozens, emergency officials said.

Factory collapse in Pakistan traps over 40

ISLAMABAD – A three-story factory illegally set up in a residential area of an eastern Pakistani city collapsed Monday after several gas cylinders inside exploded, killing at least two people and trapping over 40 others in the rubble, officials said.

Deaths in Lahore factory collapse

An illegal medicine factory collapses in the eastern Pakistani city of Lahore, killing at least 13 people and leaving many trapped, officials say.

Sierra Club Received Millions from Natural Gas Industry (ContributorNetwork)

ContributorNetwork - According to a blog post from Sierra Club Executive Director Michael Brune, the environmentalist organization accepted millions of donated dollars from the natural gas industry to fight against coal-fired plants nationwide. Here are the details.

Clinton urges Bulgaria to be energy independent (AP)

U.S. Secretary of State Hillary Rodham  Clinton speaks during a press conference at the 48th Munich Security Conference in Munich, southern Germany, on Saturday Feb.  4, 2012. The Security Conference is a three-day event bringing together top defence and diplomacy officials from around the world discussing the winding down of the NATO engagement in Afghanistan and other looming challenges.  (AP Photo/Jim Watson,Pool)AP - U.S. Secretary of State Hillary Rodham Clinton is in Bulgaria, urging the country to break its energy dependence on Russia by diversifying its oil and gas supplies.


SEC names top federal auditor to accounting board (AP)

AP - Federal regulators have appointed a top government auditor as a member of the Public Company Accounting Oversight Board, which polices the accounting industry.
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