Industry News

WABCO Holdings Inc., a leading global supplier of technologies that improve the safety, efficiency and connectivity of commercial vehicles, and Mobileye N.V., a global leader in Advanced Driver Assistance Systems and Autonomous Driving technologies, today announced that they are joining forces to develop solutions for commercial vehicles that leverage advanced emergency braking ADAS functionalities and..."/>
WABCO and Mobileye Join Forces to Introduce Advanced Driver Assistance System Functionalities and Road Experience Management™ (REM™) Technology for Commercial Vehicles
WABCO Holdings Inc., a leading global supplier of technologies that improve the safety, efficiency and connectivity of commercial vehicles, and Mobileye N.V., a global leader in Advanced Driver Assistance Systems and Autonomous Driving technologies, today announced that they are joining forces to develop solutions for commercial vehicles that leverage advanced emergency braking ADAS functionalities and..."/>
WABCO and Mobileye Join Forces to Introduce Advanced Driver Assistance System Functionalities and Road Experience Management™ (REM™) Technology for Commercial Vehicles
Orlando airport to open USO Welcome Center [Orlando Sentinel]
Apple may have cut down on profit margins on the new iPhone 7 series as it has launched the new phone at the same price as iPhone 6 S but has spent more on the bill of materials needed to manufacture the device. The BOM for an iPhone 7, equipped with 32 GB of NAND flash memory, is $219.80. This is according to a preliminary estimate from IHS Markit, a critical information, analytics and solutions firm."/>
Apple may have lowered margins with iPhone 7 [Hindustan Times, New Delhi]
Hitachi Power Systems, Ltd. commenced demonstration testing of a pressurized hybrid power generation system integrating a solid oxide fuel cell stack and a micro gas turbine, aiming toward commercial launching in the near future. Under a program supported by the New Energy and Industrial Technology Development Organization, a national research and development agency, a system intended for both business and industrial uses..."/>
Demonstration Testing Started of SOFC-MGT Hybrid Power Generation System, Toward Commercial Launch for Business and Industrial Uses
Somany Ceramics Ltd is looking at possible acquisitions of companies making faucets and bath fittings to accelerate its growth in these categories which now fetch less than a tenth of its overall revenues, a senior company official said. Sales of sanitary ware and bath fittings at the maker of Somany tiles have grown at 46% per annum on an average over the past five years against its core business of tiles, which has grown at 17% per annum during the period."/>
Somany Ceramics looks to buy bath fittings makers to accelerate growth [Mint, New Delhi]
Reliance Infrastructure Ltd has applied to the capital markets regulator to register an infrastructure investment trust for its toll road projects, two people aware of the development said. InvITs manage income-generating infrastructure assets, offering investors a regular yield and a liquid method to invest in infrastructure projects. Developers can use the long-term funds raised to unlock value in completed projects or repay debt associated with them."/>
Reliance Infrastructure files papers with Sebi for InvIT [Mint, New Delhi]
The genesis of Zoomcar [Mint, New Delhi]
Glencore Coal Queensland Pty Ltd, upon receiving certain approvals, Adani said in a statement. Adani and Glencore have been engaged in a legal battle for control of the..."/>
Adani Ports inks pact to acquire Australia's Abbot Point Bulkcoal [Mint, New Delhi]
Tesla Motors and its $2.3 billion bid to buy SolarCity. The merger, intended to advance Tesla co-founder and CEO Elon Musk's vision of creating a renewable-energy powerhouse, has received a lukewarm reception on Wall Street and is facing legal challenges that could delay the deal. And unlike most corporate mergers, it's not a certainty that the deal will win shareholder approval, especially at Tesla."/>
Tesla-SolarCity deal confronting four hurdles [The Buffalo News, N.Y.]
FedEx said Tuesday it will hire more than 50,000 workers for another expected record peak season between Thanksgiving and Christmas. The company expects the four Mondays after Thanksgiving to be among the busiest in its history, building on a 2015 record peak volume of 325 million shipments, driven by growth in e-commerce. The seasonal hiring projection came during a first-quarter earnings report in which the Memphis-based company said earnings per share increased..."/>
FedEx pegs peak season hiring at 50,000-plus, records 20 percent earnings increase [The Commercial Appeal, Memphis, Tenn.]
Lockheed Martin that will keep helicopter maker Sikorsky Aircraft headquarter in Connecticut through 2032.. The multi-faceted deal announced by Gov. Dannel P. Malloy on Tuesday commits Sikorsky to build nearly 200 heavy duty helicopters at the company's Stratford-based factory over the 16- year period."/>
Officials reach deal to keep Sikorsky in Connecticut [New Haven Register, Conn.]

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Most Popular Sectors in the News
Sectors Articles in the last 7 days
Information Technology507 Articles
Consumer Discretionary485 Articles
Industrials298 Articles
Financials289 Articles
Health Care265 Articles

Sponsored Financial Commentaries

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact , please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.