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Keyword: industrial

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  • James Brindley: The canal pioneer who changed England

    07/31/2016 2:30:19 AM PDT · by moose07 · 52 replies
    BBC ^ | 31/07/2016 | Alex Homer
    A new exhibition marking 300 years since the birth of canal pioneer James Brindley has opened. How did his work transform the English landscape and unlock a new era in the Industrial Revolution? When James Brindley sought Parliament's backing for his plan for an aqueduct over the River Irwell in Lancashire, he apparently employed a novel means of gaining their attention. Taking out a block of Cheshire cheese, the man who engineered England's first canal carved out a model of the waterway he hoped to build. "It's not clear if he cut it into pieces and put it in water...
  • US industrial production fell 0.6% in March vs. 0.1% drop expected

    04/15/2016 6:42:21 AM PDT · by mykroar · 18 replies
    CNBC.com ^ | 4/15/2016 | Reuters
    U.S. industrial production fell more than expected in March as output declined broadly, the latest indication that economic growth braked sharply in the first quarter. Industrial output decreased 0.6 percent last month after a downwardly revised 0.6 percent drop in February, the Federal Reserve said on Friday. Industrial production has declined in six of the last seven months. Economists polled by Reuters had forecast industrial production slipping 0.1 percent last month after a previously reported 0.5 percent drop in February. Industrial production fell at an annual rate of 2.2 percent in the first quarter. The report joined data on retail...
  • France Terror: 'Hostages Taken' In Car Chase

    01/09/2015 12:57:43 AM PST · by radu · 424 replies
    Sky News ^ | Jan. 9, 2015 | Sky News
    The two men suspected of attacking a newspaper in Paris have stolen a car and reportedly have several hostages. A car chase is under way on the N2 motorway, and police sources say shots have been fired. The car is now on the outskirts of Paris - close to Charles de Gaulle airport - and several helicopters are reportedly hovering overhead. Sky's Ian Woods says the police focus now appears to have turned to an industrial building near to the airport. Two people with gunshot wounds have been taken to hospital in Meaux.
  • Pending Home Sales Fall By Most Since 2010, Capacity Utilization Still Below 80%

    10/28/2013 7:23:12 AM PDT · by whitedog57 · 2 replies
    Confounded Interest ^ | 10/28/2013 | Anthony B. Sanders
    Pending home sales in the USA fell 5.6% in September, the biggest drop since 2010. phs102813 Of course, the rise in the US Treasury 10 year yield has cooled off pending home sales. phsmortgagesept13 Meanwhile, capacity utilization in the USA rose to 78.3%, shy of the point when The Fed has historically raises The Fed Funds Rate Target to cool down the economy. caputefed102813 Back in the Reagan Recovery in the 1980s and the Clinton Recovery in the 1990s, we saw capacity utilization rise above 80% signalling an over-heating economy. And The Fed reacted with increases in The Fed Funds...
  • Slowest Recovery Since 1882: Homebuilder Enthusiasm, Inflation and Industrial Production

    10/16/2012 10:17:53 AM PDT · by whitedog57 · 4 replies
    Confounded Interest ^ | 10/16/2012 | Anthony B. Sanders
    As Professor John Taylor of Stanford University has observed, this is the slowest economic recovery since President Chester Arthur in 1882. Hence, I am not surprised that economic indicators struggle to increase to pre-recession levels. The National Association of Homebuilders Confidence Index rose to 41 in September from 40 in August. While this this is the highest reading since the end of the recession, it is still below the breakeven point of 50. Well, confidence could be attributed to the Fed’s mega-pushdown of mortgage rates. While one can say “It’s about time!” since the recession ended in June 2009, other...
  • Obama order targets industrialefficiency, emissions

    08/31/2012 10:46:21 AM PDT · by Nachum · 27 replies
    Reuters ^ | 8/31/12 | Valerie Volcovici
    WASHINGTON - President Barack Obama issued an executive order on Thursday that would increase the number of cogeneration plants in the U.S. by 50 percent by 2020, a move that would boost U.S. industrial energy efficiency and slash carbon emissions by 150 million tons per year. The order is the administration's latest effort to deploy cleaner and more efficient energy production in the country by working around political resistance to climate change and "green" energy legislation on Capitol Hill. The measure aims to accelerate investments to help manufacturers expand their use of combined heat and power (CHP) facilities,
  • U.S. Industrial Output Falls (Yes that word again)

    06/15/2012 7:37:16 AM PDT · by C19fan · 31 replies
    Wall Street Journal ^ | June 15, 2012 | Tom Barkley and Ian Talley
    U.S. industrial production unexpectedly fell in May, with a slump in manufacturing activity providing another sign of concern for the economic recovery. Industrial production last month slipped 0.1%, the Federal Reserve said Friday. April's output figures were revised down slightly to a 1.0% gain, versus an initial estimate of a 1.1% jump.
  • A second Iranian nuclear facility has exploded, as diplomatic tensions rise

    12/02/2011 1:11:55 PM PST · by SeekAndFind · 61 replies
    The Australian ^ | 11/30/2011 | Sheera Frenkel
    AN IRANIAN nuclear facility has been hit by a huge explosion, the second such blast in a month, prompting speculation that Tehran's military and atomic sites are under attack. Satellite imagery seen by The Times confirmed that a blast that rocked the city of Isfahan on Monday struck the uranium enrichment facility there, despite denials by Tehran. The images clearly showed billowing smoke and destruction, negating Iranian claims yesterday that no such explosion had taken place. Israeli intelligence officials told The Times that there was "no doubt" that the blast struck the nuclear facilities at Isfahan and that it was...
  • Redeeming the Industrial Revolution as benefiting women and children

    11/18/2011 5:44:31 AM PST · by aone · 2 replies
    Mises Institute ^ | November 17, 2011 | Wendy McElroy
    A destructive myth has wrapped itself around laissez-faire capitalism. It is the erroneous notion that the free market harms the "vulnerable" within society; specifically, it is said to harm women and children by cruelly exploiting their labor. The opposite is true. Laissez-faire capitalism offers the one element that the vulnerable need most to survive and to advance: choice. The most liberating choice individuals can have is the ability to support themselves and not be dependent upon anyone else for the food going into their mouths. Using this myth as an entering assumption, historians have been extremely harsh in analyzing one...
  • Industrial production edges up 0.2% in September

    10/18/2011 6:43:10 AM PDT · by Free Vulcan · 1 replies
    Marketwatch ^ | 10.17.11 | Steve Goldstein
    The nation’s industrial production rose 0.2% in September, capping a third-quarter rebound in activity for the manufacturing sector, the Federal Reserve reported Monday. Though the headline gain was stronger than the 0.1% that economists polled by MarketWatch had forecast, August’s reading tracking output by factories, mines and utilities was downwardly revised to zero from an initially reported 0.2% growth.
  • Industrial output up 0.2% in August: Rise beats expectations

    09/15/2011 6:53:52 AM PDT · by Free Vulcan · 7 replies
    Marketwatch ^ | 9.15.11 | Greg Robb
    U.S. industrial production rose 0.2% in August after a strong 0.9% gain in July. Production is now up in four straight months. Economists had expected no change in industrial output in August.. Capacity utilization increased 0.1 percentage point to 77.4% in August, the highest level since August 2008.
  • Industrial output jumps in August on auto strength

    08/16/2011 7:04:19 AM PDT · by Free Vulcan · 7 replies · 1+ views
    Marketwatch ^ | 8.16.11 | Greg Robb
    WASHINGTON (MarketWatch) — The output of the nation’s factories, mines and utilities surged 0.9% in July as auto assemblies rebounded and consumers turned on their air conditioners, the Federal Reserve said Tuesday. The gain, the biggest since last December, was in line with economists’ expectations. The key question is whether the increase can be sustained in future months. Output in June was revised up to a 0.4% gain from the prior estimate of a 0.2% gain and output in May was also revised higher.
  • Does America really need more college graduates?

    03/31/2011 3:37:50 AM PDT · by MuttTheHoople · 48 replies
    The Washington Examiner ^ | 03/16/11 5:02 PM | Hans Bader
    The President says that “the best economic policy is one that produces more college graduates.” No doubt this is best for colleges, which have been able to increase tuition faster than inflation, year after year, secure in the knowledge that they can rake in ever-rising government subsidies and skyrocketing tuition. Students have little choice but to pay inflated tuition bills to the education industrial-complex, as they vie with each other for scarce entry-level jobs by acquiring ever more degrees that show their ability to jump through hoops and master difficult (but largely useless) skills. But is this educational arms race...
  • August Industrial Production Misses Expectations

    09/15/2010 6:57:48 AM PDT · by blam · 3 replies
    The Business Insider ^ | 9-15-2010 | Vincent Fernando, CFA
    August Industrial Production Misses Expectations Vincent Fernando, CFA Sep. 15, 2010, 9:16 AM U.S. industrial production rose by 0.2% in August vs. 0.3% expected according to Finviz. July's industrial production growth was also revised down to 0.6% from 1%. Federal Reserve: The downward revision in July primarily resulted from newly available data on the output of four industries within manufacturing: iron and steel, construction machinery, paper, and pharmaceuticals. The index for manufacturing output rose 0.2 percent in August after having advanced 0.7 percent in July; the step-down in the rate of increase reflected a fallback in the production of motor...
  • Industrial Materials Shine As Global Economy Seen Turning

    11/09/2009 12:58:45 PM PST · by blam · 2 replies · 258+ views
    Market Watch ^ | 11-09-2009 | Kate Gibson
    Industrial Materials Shine As Global Economy Seen TurningCitigroup analysts envision near-60% EPS gain in materials sector next year Kate Gibson MarketWatch Nov. 9, 2009, 3:23 p.m. EST NEW YORK (MarketWatch) -- With industrial materials among the first to benefit as the global economy turns, the sector ranks as the No. 2 performer among the S&P 500's 10 industry groups so far this year -- and Citigroup analysts now see nearly a 60% earnings-per-share rebound as likely for the sector in 2010. Bankers' Clients Want More Love, More MoneyBonds of trust between investment banks and their clients have in some cases...
  • Obama wants to eliminate industrial banks (Utah)

    06/19/2009 4:58:35 PM PDT · by Nachum · 35 replies · 1,467+ views
    sltrib.com ^ | 6/19/09 | Steve Overbeck
    Utah's industrial banking industry has a new and formidable enemy -- President Barack Obama. As part of the president's plan for regulatory reform of the nation's financial services industry, which was unveiled earlier this week in an 85-page white paper, Obama is calling for the elimination of industrial bank charters and wants them all shut down within five years. If successful, the president's plan could deal a hammer blow to Utah's economy, which is the home of 25 industrial banks that employ thousands of the state's residents and hold assets valued in excess of $168 billion. Utah's industrial banking community...
  • Church Acquires Big Ass Fan

    07/31/2008 8:12:35 AM PDT · by Coffee200am · 34 replies · 1,199+ views
    Web India 123 ^ | 07.31.2008 | UPI
    A New York Roman Catholic church said it is attempting to solve its over-heating problems with a product bearing a name unusual for a church -- a Big Ass Fan. Members of Our Lady of Refuge Church in Brooklyn said they raised money to purchase the product from Big Ass Fans regardless of its name, the Daily News, a New York newspaper, reported Wednesday. The name of the company isn't something that you'd want to put in print, but I had to laugh - it is a big-ass fan, said Ronald Holder, a parishioner for more than 20 years who...
  • Brit Mother of 13 Still Has a Size "0" Figure (#14 on the way)

    07/22/2008 12:21:44 PM PDT · by Coffee200am · 124 replies · 990+ views
    Sify News ^ | 07.21.2008 | Sify News
    London: A British mom has managed to retain her size zero figure – despite giving birth to 13 kids, with the 14th on its way. The 37-year-old Joanne Watson, in her first trimester, loves being pregnant and always manages to get back her 7st 5lbs ideal weight after giving birth. "I''m lucky because I always sail through my pregnancies and have no symptoms whatsoever at the moment," Mirror quoted her as saying. Joanne, who is 5ft 2ins, said: "Some people say I'm mad. But we're as thrilled that we're expecting for the 14th time as we were the first time....
  • 2 injured in WI chemical plant explosion

    03/19/2008 6:51:00 AM PDT · by Sammy67 · 4 replies · 279+ views
    Spooner, WI -- A large explosion and fire at a chemical plant in Spooner, Wisconsin has injured at least 2 people. Witnesses say, several area fire departments are on the scene at the Cortec Corporation plant. The Spooner Health System tells KARE 11 the hospital is treating two people from the plant. Their conditions were not immediately made available. The Wisconsin State Patrol said it did not know the cause of the 8:43 a.m. explosion at the plant owned by St. Paul, Minnesota-based Cortec Corporation. Cortec vice president Anna Vignetti said the injuries are believed to be first- or second-degree...
  • Industrial Alcohol 'Is Killing Russian Men'

    06/15/2007 6:08:16 PM PDT · by blam · 21 replies · 798+ views
    The Telegraph (UK) ^ | 6-15-2007 | Natalie Paris
    Industrial alcohol 'is killing Russian men' By Natalie Paris and agencies Last Updated: 11:30am BST 15/06/2007 The drinking of strong alcohol is causing half the deaths of working age men in Russia, a recent study has shown. The consumption of alcohol along with perfume, cleaning agents and other industrial concoctions, is being blamed for the premature deaths of 43 per cent of Russian men aged between 25-54. Research published in the Lancet studied 1,750 men who lived in Izhevsk, an industrial city in the Ural mountains, and died between 2003 and 2005. Men who were problem drinkers of alcoholic beverages...