Daimler AG said this week it will shed 10% of management positions at its Mercedes unit, lifting the tally of job cuts announced this year across Germany’s manufacturing sector to more than 80,000.
November 15, 2019Search
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Eaton Reports Higher Q3 Net Income, Lower Revenue
Eaton Corp. reported higher net income in the third quarter amid lower revenue as its electrical segments led the gains.
November 14, 2019Shell Unveils Natural Gas Engine Oil
COLLEGE STATION, Texas — Shell Lubricants announced a new natural gas engine oil Nov. 14, one of the first of its kind to meet standards to operate in natural gas, diesel and gasoline engines.
November 14, 2019Fleets Grapple With Question: How Many Subscriptions Do We Need?
Trucking executives are increasingly confronting the same proliferation of decisions that vex consumers who are shopping for online video services — to subscribe or not to subscribe?
November 14, 2019Consumer Reports Finds Vehicle Redesigns Come With Glitches
DETROIT — When it comes to buying a new car, the latest and greatest may not be the most dependable.
November 14, 2019Daimler’s New CEO Ola Kallenius Warns Shift to Electric Cars Will Be Painful
Daimler AG’s new CEO warned there will be no quick fix for the automaker’s struggles to adapt to an era of self-driving, electric cars.
November 14, 2019Walmart Boosts Outlook After Beating Estimates
Walmart Inc. is approaching the crucial holiday season on a high note, posting solid third-quarter sales and raising its full-year outlook again, showcasing its resilience in the face of Amazon.com’s advances. Shares rose.
November 14, 2019Boeing Scuttles Use of Robots for Fuselage Work on 777, 777X Jetliners
Score one for the humans. After four years of trial and error, Boeing Co. is dumping one of its most ambitious forays into automation: the robots that build two main fuselage sections for its 777 jetliners and an upgraded version known as 777X.
November 14, 2019Hacker Seeks About $5 Million Ransom From Pemex by Nov. 30
The hacker behind a cyberattack that has crippled Petroleos Mexicanos’ computer systems since the weekend is hoping to squeeze about $5 million out of the company and appears to have set a deadline of Nov. 30.
November 13, 2019Rail Advocates Push for Pacific Northwest Bullet Train
Last week’s vote in Washington state to roll back car registration fees has scrambled transportation budgets. But Pacific Northwest rail advocates are undeterred in pursuing their vision of a bullet train connection among Portland, Seattle and Vancouver, Canada.
November 13, 2019