Cyber attacks are no longer limited to laptops and desktops. Malware and Trojans are being found on smartphones, too. One recent mobile Trojan, dubbed “DeathRing,” is a definite threat to Android users. It puts smartphone supply chains at risk because of claims that this Trojan is being downloaded at some point during manufacturing.
The UK spends £178bn on public procurement each year. Scotland sees this as a great opportunity to invest in UK’s struggling economy. They’ve created Crown Commercial Service, Major Projects Authority, and several other initiatives to help with social and economic growth. Scotland is setting an example for other countries through their public procurement strategy. However,…
Codexis is an enzyme producer that develops biocatalysts for the pharmaceutical industry. They have proven technology that reduces the cost of manufacturing drugs through sustainable processes. In July 2014, Codexis signed an agreement with GlaxoSmithKline (GSK) to share a technology license.
New airplane technology from Airbus means that Boeing is going to face issues selling their 777 jumbo jet until they come out with their next generation model. The new planes built today by Airbus are more fuel efficient and need less maintenance. However, Boeing is still optimistic for profits in the next couple of years.
To improve their clothing factories in Southeast Asia, Gap Inc. is teaming up with TAU Investment Management to create a strategic partnership. They want to make changes to promote sustainability, better worker conditions, and more efficient processes. Gap Inc. will look to TAU’s factories as their preferred suppliers and TAU will look at the suppliers…
In the summer, the price of a barrel of oil dropped 35 percent in a short amount of time. It has been headed down ever since. This is because of surging U.S. oil production levels and competition around the world. Experts predict that there is no end in sight for how low oil could go.
Europe’s economy has not bounced back from recession like the United States, and there are several things that need to be fixed before it can. Policy makers must enact reforms, and that’s going to be difficult. Chief Executive Officer of JPMorgan Chase & Co. Jamie Dimon said, “They have all the same structural issues that…
At the beginning of September, Nevada Legislators approved Tesla’s $5 billion Gigafactory to be built in Reno. The state wooed Tesla with a $1.25 billion incentive package. The package included several tax credits and abatements as well as a discount on electricity and free land. The state beat out competitors such as California, Arizona, New…
A lot of logistics goes on behind the scenes in hospitals. Doctors and nurses would not be able to do their jobs efficiently or effectively without the right supplies. All hospitals and healthcare facilities need distribution specialists as well as warehouse workers, couriers, purchasers, and supply chain management. It’s a competitive field and some companies…
Cotton is produced around the world and then woven into fabric. Some of the biggest producers of cotton in the world are China and India. However, Pakistan is the fourth-largest producer of cotton and it is also a major textile fabricator. They have massive spinning capacity and produce a wide variety of textile exports from…