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Daimler pays $869 million for 12 percent of BAIC Motor

2013-02-01 13:41:13| Automakers - Topix.net

A emergency exit sign is pictured above a logo of German car manufacturer Daimler AG, before the annual news conference in Stuttgart February 18, 2010.

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Construction Adds 28,000 Jobs in January, But Unemployment Increases to 16.1 Percent

2013-02-01 06:00:00| Industrial Newsroom - All News for Today

According to Feb 1 employment report by U.S. Department of Labor, construction industry unemployment rate shot up to 16.1% in January, despite addition of 28,000 jobs. Rate marks increase from 13.5% in December 2012, but decrease from 17.7% same time last year. Year over year, construction employment has risen by 102,000 jobs, or 1.8%. According to ABC Chief Economist Anirban Basu, winter months are notoriously seasonal and subject to construction employment fluctuation based on weather ...This story is related to the following:Trade Associations

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Nonresidential Construction Spending Increases 0.3 Percent in December

2013-02-01 06:00:00| Industrial Newsroom - All News for Today

According to Feb 1 report by U.S. Census Bureau, nonresidential construction spending increased 0.3% in December, with outlays increasing to seasonally adjusted annual rate of $570.4 billion. Year over year, total nonresidential construction spending is up 1.2%. Increase was driven by private nonresidential construction, which rose 1.8% for month and was 7.6% higher than same time last year. Public nonresidential construction spending fell 1.4% in December and is 5.3% lower than same time last ...This story is related to the following:Trade Associations

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Middleby cuts 20 percent of Viking's workforce, half of those in Greenwood

2013-02-01 02:52:03| Industrial Machines - Topix.net

Middleby Corp. confirmed Thursday afternoon that it had laid off earlier in the day 20 percent of Viking Range's 700 employees.

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iOS 6.1 wins over 22 percent of iOS users, says report

2013-01-31 17:45:54| CNET News.com

Just 36 hours after its debut, iOS 6.1 had already been installed by almost a quarter of iOS users, says mobile Web site creator Onswipe. [Read more]

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