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Wall Street lower on China worries, steep drop in oil
2016-01-06 22:57:16| IT Services - Topix.net
REUTERS: U.S. stocks fell on Wednesday as fresh concerns over the impact of a slowdown in China on the global economy, a sharp fall in oil prices and heightened geopolitical concerns sent investors scurrying to safe havens. The year got off to a shaky start on Monday after weak data from China triggered declines in global markets, with the Dow recording its worst first day of the year in seven years, and oil prices weakened further.
The Wall Street Journal: United Tech expects Pratt & Whitney Canada to post $870 million charge
2016-01-06 21:50:55| Industrial Machines - Topix.net
United Technologies Corp. said it expects its Pratt & Whitney Canada business to post a pretax charge of roughly $870 million for the fourth quarter, tied to changes in royalty agreements with the Canadian government. The company will make four annual payments starting this month in an accord to end paying royalties based on future engine deliveries and sales to Canadian federal and provincial government agencies, according to a regulatory filing.
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Wall Street sees renewed big falls
2016-01-06 16:04:11| BBC News | Business | UK Edition
Wall Street shares open sharply lower on Wednesday as fears persist over the health of the Chinese economy, with all three main indexes dropping more than 1%.
NREL's Cybersecurity Initiative aims to wall off smart grid.
2016-01-06 14:31:06| Industrial Newsroom - All News for Today
New initiative underway at NREL is intended to prevent hackers from gaining control of parts of the nation's power grid, potentially damaging electrical equipment, and causing localized power outages. Hired as director of the Cyber Physical Systems Security and Resilience Center, Erfan Ibrahim launched effort to build the Test Bed for Secure Distributed Grid Management, a hardware system that mimics communications, power systems, and cybersecurity layers for utility's power distribution system.
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NREL's Cybersecurity Initiative Aims to Wall Off the Smart Grid from Hackers
2016-01-05 17:24:00| Transmission & Distribution World
A new initiative underway at Energy Department's National Renewable Energy Laboratory is intended to prevent hackers from gaining control of parts of the nation's power grid. read more
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smart
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aims
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