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UTC targets consolidation in high-cost states

2015-12-11 04:50:35| Paper - Topix.net

Just over a month after selling off its former subsidiary Sikorsky Aircraft, United Technologies announced a plan to realize $900 million in annual savings through "structural cost reductions" at remaining UTC manufacturing facilities in high-cost states. Farmington-based UTC sold Stratford-based Sikorsky last month to Lockheed Martin for $9 billion, with UTC expecting to record a $3.3 billion gain on the sale in the fourth quarter of 2015.

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Judge: Much of state's evidence in Realtor's killing not allowed at trial

2015-12-10 03:37:22| Real Estate - Topix.net

Arron Lewis is escorted into the Pulaski County Courthouse on Monday for a hearing on motions to quash evidence in the kidnapping and capital murder case against him. Lewis is accused of abducting and killing real estate agent Beverly Carter last year.

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Saba Capital Management Buys $86,525,000 in United States Steel Co. (X) Shares

2015-12-10 00:16:59| Steel - Topix.net

Saba Capital Management increased its position in shares of United States Steel Co. by 163.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission .

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Britain and United States Unite to Power Up Africa

2015-12-09 16:40:00| Transmission & Distribution World

A landmark partnership between the UK and US will help millions of people across Africa get access to clean energy. read more

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October Construction Unemployment improved in 30 States from 2014.

2015-12-07 14:31:08| Industrial Newsroom - All News for Today

Year-over-year, not seasonally adjusted (NSA) construction unemployment rates for USA and 30 states were lower in October 2015. Year to date (YTD), construction added 159,000 seasonally adjusted (SA) domestic jobs. National NSA jobs increased 228,000 from October 2014 to October 2015, and SA construction spending in October increased 1% from September. YTD NSA construction spending, as of October, was up 10.7%, and NSA construction unemployment rate rose to 6.2%.

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