Chinese meat supplier Shanghai Husi Food Co., which delivers food products to chain restaurants throughout the country, allegedly provided some fast food outlets with expired goods – including chicken and beef.
“Microsoft Chief Executive Officer Satya Nadella kicked off one of the largest layoffs in tech history on Thursday [July 17], hoping to reshape the aging PC industry titan into a nimbler rival to Apple and Google, and jolt a culture at the company that is used to protecting its existing Windows and Office franchises,” according…
In its latest manufacturing move, General Electric Co. (GE) will invest $50 million in a U.S.-based 3D printing plant. The facility aims to produce high-tech plane parts, including jet engines. It’s a move that’s on course with the aviation industry’s current direction.
GlaxoSmithKline (GSK) has received mixed coverage recently in its latest string of headlines, beginning with a recent fraud charge, followed by a lucrative partnership, and then a recall.
Seven percent of South Africa’s economy will soon stall along with the temporary closing of the country’s Ford Motor Co. and Toyota Motor Corp. production plants. The halt in manufacturing is due to a now three-week metalworkers strike that began in early July.
The Irish Dairy Board (IDB), an organization responsible for supplying and distributing 60 percent of Ireland’s dairy products, hopes to strengthen its current reach to more than 100 countries with its recent launch of a Wisconsin, U.S. cheese plant.
Apple has started receiving its first round of microprocessors via its latest partnership with Taiwan Semiconductor Manufacturing Co. (TSMC). The parts signify not only a ramp up of production on Apple products, such as smartphones, that use these processors, but also the significant end to the company’s supplier relationship with Samsung.
According to the New York Times, “China’s manufacturing sector rebounded in June, showing signs of growth for the first time this year, according to a purchasing managers’ index (PMI) released on Monday. The preliminary reading of the P.M.I. survey for June, compiled by Markit and published by HSBC, rose to 50.8 points, up from a…
According to Reuters, “Bandits attacked a Samsung Electronics Co Ltd factory near Sao Paulo late Sunday and held workers hostage while they robbed truckloads of smartphones, tablets and notebook computers.”
Premiere Inc., a major U.S. healthcare supplier, is extending reach. This company announced that it now has an increased capital borrowing limit, as well. Premiere Inc. secured $750.0 million in funds that the company plans to use to help further expand its business.