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Lockheed Martin cuts 1,000 US jobs

Lockheed Martin has announced that its aeronautics business plans to axe around 1,000 positions in the US. In a media release issued last week, the...

Royal Philips boosts sales of Green Products to 54% of total sales, continues to...

Royal Philips has announced that it has achieved significant progress in its sustainability performance in 2015 with Green Product revenue increasing to 13 billion...

Lightweight metals leader Alcoa appoints three new board directors

Alcoa announced on Monday the appointment of three industry executives to its Board of Directors - Ulrich “Rick” Schmidt, John C. Plant and Sean...

Stratasys unveils new Objet Connex3 3D Colour Printer with Creative Colours Software

Stratasys unveiled an improved version of its well-known Objet Connex3 3D Colour Printer at SOLIDWORKS World 2016. The company said that the new printer has...

Check out 3D Systems’ 3D printed Liquid-Cooled Computer

3D Systems unveiled a super cool product at this year’s CES – the 3D printed Liquid-Cooled Computer. 3D Systems’ team of engineers basically redesigned the...

The end of an era? – Boeing to slash production of the iconic 747

Aerospace giant Boeing announced last week that it plans to slash production of the iconic four-engine 747 jumbo jet to only six a year...

Nyrstar to exit mining

Mining and metals giant Nyrstar has announced that it intends to sell all of its mining business assets. The Belgian company issued a press release...

GM and Lyft to develop self-driving taxis

General Motors has announced that it will invest $500 million in the car-service app Lyft to develop a whole fleet of self-driving taxis. The two...

VW unveils all-electric minivan at CES after emissions scandal

German auto giant Volkswagen is trying to clear its name and reputation after the global emissions scandal with a new all-electric minivan concept which...

Ford to triple fusion hybrid autonomous test fleet (VIDEO)

Car giant Ford has announced plans to triple its autonomous testing fleet in order to accelerate development of its virtual driving software. In an announcement...
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