Boeing gets $1.5B air force contract
- June 23, 2010
Boeing Co. has received a $1.53 billion U.S. Air Force contract for eight C-17 transport planes, the Pentagon said on Tuesday in a daily list of contract awards. It said $734 ... Read More
Business News
Hospira’s generic antibiotic gets FDA green light
- June 23, 2010
Hospira Inc. said Tuesday the Food and Drug Administration has approved its generic version of AstraZeneca’s antibiotic Merrem. The FDA cleared Hospira’s version of intravenous meropenem in 500-milligram and 1-gram vials. ... Read More
Ford taps Toshiba to make motors for hybrid
- June 23, 2010
Toshiba said on June 23 it will build electric motors for a new Ford hybrid vehicles at its plant in the United States. The company, already building motors for bullet trains, ... Read More
Regulus, Sanofi-Aventis form $750M partnership
- June 22, 2010
Biotech drugmaker Regulus Therapeutics Inc. said Tuesday it will team up with Sanofi-Aventis SA, one of the world’s largest drug companies, in a drug development deal that could be worth more ... Read More
Emerson, Panduit announce partnership
- June 22, 2010
Emerson Network Power is partnering with Panduit to incorporate its products into Panduit’s Unified Physical Infrastructure (UPI) system, the two companies said today. The UPI system integrates equipment and technology from ... Read More
Emerson, Korea South East Power partner on power plants
- June 22, 2010
An Emerson business unit and Korea South East Power Co. have signed a memorandum of understanding to collaborate on modernizing existing power plants and constructing new ones in Korea, the Middle ... Read More
Caterpillar’s global sales jump
- June 21, 2010
Caterpillar Inc. said Friday that its machine sales worldwide jumped 11 percent in May compared with a year ago as a rebound in North American and Asian business markets helped offset ... Read More
Corn Products to buy starch business for $1.3 billion
- June 21, 2010
Corn Products International has agreed to buy the starches arm of Dutch paintmaker Akzo Nobel N.V. for around $1.3 billion. Corn Products International will pay cash and also assume employee obligations ... Read More
BASF poised to buy Cognis for $4 billion
- June 21, 2010
BASF, the world’s largest chemicals maker, has sealed a deal to buy Cognis, a German maker of additives, for at least 3.3 billion euros ($4.1 billion), The Wall Street Journal reported, ... Read More
EADS debuts all electric plane
- June 21, 2010
Following the flight of an aircraft powered by algae-based fuel, EADS is now tackling the new challenge of a zero-emission propellant. Partnered by Aero Composites Saintonge and the Greencri-cri Association, EADS ... Read More