The Iowa Supreme Court on Friday upheld the complicated formula that Iowa uses to tax natural gas consumption, rejecting a legal challenge brought by the state's powerful ethanol industry. The owners of several ethanol plants argue the ...
Tesla has introduced Model S 70D, an entry-level all-wheel drive electric car, which is more expensive than its current starter vehicle. The car will have a starting price of $75,000 and will feature 70KW battery which will facilitate ...
Tags: Tesla Model S, electric car
General Motors (GM) is looking to boost production of sport-utility vehicles (SUVs) with a $1.3bn expansion at its Arlington assembly plant in Texas, US. The company intends to add 1.2 million ft2 of space to the existing facility over ...
Electric vehicles have been developing rapidly from the original hybrids, to parallel/serial and plug-in hybrids through the optimization of power drive designs. Since then, the industry has been able to develop all-electric models as the ...
Tags: Electric Vehicles, Global Trends, Audi
The government of West Bengal in India is planning to introduce branded liquor in tetra packs in an attempt to stop sale of adulterated liquor. The Press Trust of India (PTI) quoted a source from the secretariat as saying that the ...
Illinois-based contract packaging company Apak will be expanding and moving to Racine that will create around 46 new jobs. The company has also been granted a property tax reimbursement of $85,000 over the next 10 years by the ...
Posted in Medical Device Business by Chris Newmarker on April 3, 2015 Robert Cascella was previously CEO of Hologic. He joins Philips as the Dutch multinational increasingly focuses on what it calls HealthTech. Robert Cascella, who ...
Tags: Philips, LED components, Medicine
Net loss widened steeply by 63.15 per cent at US apparel marketer Perry Ellis International for the 2015 fiscal ended January 31, 2015. On a GAAP basis, net loss for fiscal 2015 was $37.2 million, or $2.50 per diluted share compared to ...
Tags: GAAP basis, sportswear collection, Apparel
The Andhra Pradesh government’s new industrial policy has come as a shot in the arm for the textile industry in the state. According to media reports, the new policy which will be in force till 2020, provides a host of incentives for ...
Tags: Andhra Pradesh, textile industry, Textile
Royal Philips NV of Amsterdam, The Netherlands (the world's largest lighting producer) has agreed to sell an 80.1% stake in its combined LED components and Automotive lighting business to GO Scale Capital, a new growth-stage investment fund ...
Tags: Lumileds, Royal Philips, Electronics
Royal Philips has announced that it has signed an agreement with a consortium led by GO Scale Capital through which it will acquire an 80.1% interest in Philips' combined LED components and automotive lighting business, with Philips ...
Tags: automotive lighting, Philips, LED
Dutch multinational announces sale of its LED components and automotive lighting business as it turns toward new HealthTech focus. Chris Newmarker Royal Philips has set the wheels in motion when it comes to a split-up of the company ...
Recommendations by Harper Competition Review receive government fanfare but government promises ‘further consultation’ The Australian Government has released the Final Report of the Harper Competition Policy Review, which has ...
Tags: Government, CCA, Food
It was reported on 25 March 2015 that new Country of Origin Labelling laws will be delayed until at least August 2015 despite the Prime Minister’s announcement on 16 February 2015 that country of origin labelling proposals for reform ...
Tags: FSANZ, dietary supplements, Food
State Council decides to allow up to 300 billion yuan to be invested from social security fund China is to allow up to 300 billion yuan (nearly $48 billion) from the nation's social security fund to be invested in local government bonds ...