Job seekers listen to a presentation at the Colorado Hospital Association health care career fair in Denver April 9, 2013.
Credit: Reuters/Rick Wilking
Jobless claims fall, weather clouds factory picture
Showing posts with label factory. Show all posts
Showing posts with label factory. Show all posts
Thursday, February 20, 2014
Jobless claims fall, weather clouds factory picture
Jobless claims fall, weather clouds factory picture
Saturday, February 1, 2014
Factory Farming Exposed And You’ll Never Guess Who’s Doing It
The series will follow character Buck Marshall’s (whose character is played by Ray Wise) in an effort to sell petroleum fed cattle of the unsustainable, unethical company, Animoil to the public. The problem is, these black pellets of crude oil that are being fed to the cattle are causing them to spontaneously combust. When a young farmer who is committed to better farming practices leaks the footage, Animoil has a potential press related crisis to deal with.
“Farmed and Dangerous” is meant to strike large emotional chords- it’s not about selling burritos.” –Daniel Rosenberg of Piro, which produced the show, told the Times.
The restaurant is never mentioned throughout the whole series, but it does clearly state that factory farming is a bad thing. Because of this, it is up to the viewer to make the connection to Chipotle’s ethical business practices. I for one don’t eat meat, but because Chipotle’s goal for 2014 is to be GMO free and they already have quite a few organic ingredients that are being used, I’m already more interested in the restaurant and supporting a business like this. They may not be perfect, but they are a heck of a lot better than the majority of the “fast food” restaurants. You have to give them credit for trying to make a difference. People will recognize this and Chipotle’s sales will most likely go up, leading other companies to potentially follow suit. One-step at a time, my friends. Way to go Chipotle!
Related CE Articles: Factory Farming is Destroying our Environment and
A Worldwide Genocide Is Happening Right Under Your Nose
Here is the trailer for the much anticipated web series, “Farmed and Dangerous.”
Sources:
http://www.chipotle.com/en-us/fwi/fwi.aspx
Much Love
Factory Farming Exposed And You’ll Never Guess Who’s Doing It
Tuesday, January 14, 2014
Intel not opening new chip factory heralded by Obama
Intel not opening new chip factory heralded by Obama
http://s1.reutersmedia.net/resources/r/?m=02&d=20140114&t=2&i=829482577&w=580&fh=&fw=&ll=&pl=&r=CBREA0D1KX400
SAN FRANCISCO
A video wall displays Intel’s logos at the unveiling of its second generation Intel Core processor family during a news conference at the Consumer Electronics Show (CES) in Las Vegas January 5, 2011.
Credit: Reuters/Rick Wilking
SAN FRANCISCO (Reuters) – Intel Corp (INTC.O), hit by slumping personal computer sales, has put off opening a major chip factory that President Barack Obama once held up as an example of U.S. manufacturing potential.
The “Fab 42″ facility built in Chandler, Arizona, originally slated as a $ 5 billion project that in late 2013 would start producing Intel’s most advanced chips, will remain closed for the foreseeable future while other factories at the same site are upgraded, said Intel spokesman Chuck Mulloy.
Intel’s decision not open the chip plant was first reported by the Arizona Republic on Tuesday.
“The new construction is going to be left vacant for now and it will be targeted at future technologies,” Mulloy told Reuters.
Despite not opening the new factory, or fab, Intel has exceeded a target to hire over 1,000 employees since construction started in 2011, Mulloy said. Intel received state tax benefits for hiring those people.
Campaigning for re-election in 2012, Obama made a stop at the factory’s construction site, where he called for government incentives to attract manufacturing lost to Asia in recent years back to the United States.
Intel is the world’s top chipmaker but it was caught offguard by smartphones and tablets, a computing revolution that has cut into demand for PCs, the company’s core business.
Global PC shipments fell 10 percent in 2013, the worst year since market research firm Gartner began tracking those products.
“The newer fab has not been equipped with the capital equipment. It has heating and air conditioning but the actual tools, the expensive stuff, are not in there,” Mulloy said.
Intel originally meant to install its most advanced manufacturing technology at the plant and make 14 nanometer microchips with transistors so tiny that over 100 million of them could fit on the head of a pin.
Existing factories at the Chandler site using Intel’s previous generation of manufacturing, 22 nm, are being converted to also make chips at 14 nm and many of Intel’s new employees are working there, Mulloy said.
“It boils down to better capital utilization,” Mulloy said.
(Reporting by Noel Randewich; Editing by Bernard Orr)
Read more about Intel not opening new chip factory heralded by Obama and other interesting subjects concerning Business at TheDailyNewsReport.com
Thursday, November 28, 2013
UK police bust $1 mn marijuana factory in historic underground nuclear bunker
Published time: November 28, 2013 19:13
The UK police has shut down a large, well-equipped cannabis factory worth over $ 1 million, hidden underground in the historic Drakelow Tunnels, which was used as a shelter for local government back in the 1950s in case of nuclear attack.
The police had to descend deep underground to close down the secret facility, hidden in the tunnels north of the English town of Kidderminster.
A total of 400 cannabis plants, worth around £650,000 (just over $ 1 million) according to preliminary estimates, were seized during the raid, the police said.
The operation, which took place Wednesday morning, involved 30 police officers and staff, including dog handlers.
“While executing the warrant at Drakelow Tunnels, we discovered a large and sophisticated cannabis growing operation,” said Kevin Purcell, North Worcestershire Superintendent, local paper The Shuttle reported. “Although the plants will need to be tested, it would appear that this seizure has prevented a large quantity of illegal drugs ending up on the streets.”
The factory was well equipped, as it had plenty of hydroponic hardware, including heating, lighting and ventilation fans.
Prior to the raid, a 45-year-old man was arrested in Kidderminster on suspicion of money laundering and being involved in the production and supply of illegal drugs.
The operation was part of a new three-year anti-drug strategy, which the local police began implementing in September, seeking the “reduction of supply and demand achieved through the identification and dismantling of trafficking and dealer networks, and the closure of drug factories or farms.”
The Drakelow Tunnels, dug in the early 1940s, are considered a monument to the UK’s military history.
The underground facility, with a floor space of 23,000 square meters amid tunnels stretching 6 kilometers, was used to produce machine parts during World War II.
In the late 1950s, the UK Home Office turned the tunnels into emergency government offices in case of a nuclear attack.
The current owner of Drakelow Tunnels has recently announced plans to turn the site into a museum.
Police officers were briefed in advance on the historic nature of the venue and the operation was carried out in a way to cause as little disturbance as possible within the complex, Purcell said.
Cannabis remains the most seized illegal drug in England. According to Home Office statistics, 12,267 kilograms of marijuana and 507,401 cannabis plants were confiscated by the police and border service last year.
UK police bust $1 mn marijuana factory in historic underground nuclear bunker
UK police bust $1 mn marijuana factory in historic underground nuclear bunker
UK police bust $1 mn marijuana factory in historic underground nuclear bunker
http://isbigbrotherwatchingyou.com/wp-content/uploads/2013/11/443aa__cannabis.si.jpg
Published time: November 28, 2013 19:13
The UK police has shut down a large, well-equipped cannabis factory worth over $ 1 million, hidden underground in the historic Drakelow Tunnels, which was used as a shelter for local government back in the 1950s in case of nuclear attack.
The police had to descend deep underground to close down the secret facility, hidden in the tunnels north of the English town of Kidderminster.
A total of 400 cannabis plants, worth around £650,000 (just over $ 1 million) according to preliminary estimates, were seized during the raid, the police said.
The operation, which took place Wednesday morning, involved 30 police officers and staff, including dog handlers.
“While executing the warrant at Drakelow Tunnels, we discovered a large and sophisticated cannabis growing operation,” said Kevin Purcell, North Worcestershire Superintendent, local paper The Shuttle reported. “Although the plants will need to be tested, it would appear that this seizure has prevented a large quantity of illegal drugs ending up on the streets.”
The factory was well equipped, as it had plenty of hydroponic hardware, including heating, lighting and ventilation fans.
Prior to the raid, a 45-year-old man was arrested in Kidderminster on suspicion of money laundering and being involved in the production and supply of illegal drugs.
The operation was part of a new three-year anti-drug strategy, which the local police began implementing in September, seeking the “reduction of supply and demand achieved through the identification and dismantling of trafficking and dealer networks, and the closure of drug factories or farms.”
The Drakelow Tunnels, dug in the early 1940s, are considered a monument to the UK’s military history.
The underground facility, with a floor space of 23,000 square meters amid tunnels stretching 6 kilometers, was used to produce machine parts during World War II.
In the late 1950s, the UK Home Office turned the tunnels into emergency government offices in case of a nuclear attack.
The current owner of Drakelow Tunnels has recently announced plans to turn the site into a museum.
Police officers were briefed in advance on the historic nature of the venue and the operation was carried out in a way to cause as little disturbance as possible within the complex, Purcell said.
Cannabis remains the most seized illegal drug in England. According to Home Office statistics, 12,267 kilograms of marijuana and 507,401 cannabis plants were confiscated by the police and border service last year.
Read more about UK police bust $1 mn marijuana factory in historic underground nuclear bunker and other interesting subjects concerning NSA at TheDailyNewsReport.com
Friday, November 15, 2013
WRAPUP 3-U.S. factory output shows signs of broadening beyond autos
WRAPUP 3-U.S. factory output shows signs of broadening beyond autos
http://currenteconomictrendsandnews.com/wp-content/uploads/2013/11/d3e8a__p-89EKCgBk8MZdE.gif
* Manufacturing output rises 0.3 percent in October * Weak mining, utilities hold down industrial production * New York state factory activity contracts in November By Lucia Mutikani WASHINGTON, Nov 15 (Reuters) - U.S. manufacturing output rose for a third straight month in October even as automobile assembly fell, suggesting a broadening in activity in a sector regaining momentum after hitting a speed bump early this year. While other data on Friday showed factory activity fell in New York state early this month, economists said that probably was a delayed reaction to last month"s 16-day partial shutdown of the federal government. "This (New York state) report does not provide any basis to be concerned about the broader outlook for manufacturing activity," said John Ryding, chief economist at RDQ Economics in New York. Manufacturing output increased 0.3 percent last month after edging up 0.1 percent in September, the Federal Reserve said. The increase, which matched economists" expectations, was despite a 1.3 percent fall in auto production. Auto assembly fell for the first time since July. Manufacturing output last month was supported by gains in the production of primary metals, furniture and computer and electronic products, among others. "The gains in non-motor vehicle-related production signals a broadening in the production base beyond motor vehicles, which has been the key driver for the U.S. manufacturing sector output in recent months," said Millan Mulraine, senior economist at TD Securities in New York. In a second report, the New York Federal Reserve said its "Empire State" index of business conditions fell to minus 2.21 this month from 1.52 in October. It was the first negative reading since May. A reading below zero indicates a contraction in factory activity in the region. Economists said the survey was not a good predictor of national manufacturing activity as a small amount of factory production took place in New York state. Manufacturing is regaining some steam after hitting a soft patch early in the year. With the Institute for Supply Management survey signaling strength in national factory activity and global trade data improving, economists expect manufacturing to accelerate in the months ahead. Stocks on Wall Street were trading higher, while the dollar was weaker against a basket of currencies as investors continued to digest remarks by Fed chair nominee Janet Yellen that the central bank"s accommodative policies would continue. U.S. Treasury debt prices were slightly weaker. INDUSTRIAL PRODUCTION DIPS Despite the rise in manufacturing output last month, overall industrial production slipped 0.1 percent, weighed down by declines at power plants and mines. Weather-sensitive utilities output fell 1.1 percent last month after surging 4.5 percent in September. Mining production contracted 1.6 percent in October, the first drop in seven months. The Fed attributed the fall to temporary shutdowns of oil and gas rigs in the Gulf of Mexico as Tropical Storm Karen approached. Last month, the amount of industrial capacity in use fell 0.2 percentage point to 78.1 percent. Industrial capacity utilization - a measure of how fully firms are using their resources - was 2.1 percentage points below its long-run average. Officials at the Fed tend to look at utilization measures as a signal of how much "slack" remains in the economy, and how much room growth has to run before it becomes inflationary. Economists said the fall in capacity utilization could stoke fears of disinflation and make it difficult for the Fed to scale back its massive monthly bond purchasing program. The lack of inflation pressures was underscored by a third report from the Labor Department showing import prices fell 0.7 percent in October as petroleum prices fell by the most in nearly 1-1/2 years. Prices excluding petroleum barely rose last month and were down 1.3 percent from a year ago. "With price growth slowing in the European Union and the U.S., central banks will find it harder to justify near-term reduction of stimulus," said Jay Morelock, an economist at FTN Financial in New York.
Read more about WRAPUP 3-U.S. factory output shows signs of broadening beyond autos and other interesting subjects concerning Bonds at TheDailyNewsReport.com
Friday, November 1, 2013
U.S. factory growth readings mixed, but both show expansion
U.S. factory growth readings mixed, but both show expansion
http://currenteconomictrendsandnews.com/wp-content/uploads/2013/11/79abc__p-89EKCgBk8MZdE.gif
Workers assemble Motorola phones at the Flextronics plant that will be building the new Motorola smart phone ”MotoX” in Fort Worth, Texas September 10, 2013.
Credit: Reuters/Mike Stone
Read more about U.S. factory growth readings mixed, but both show expansion and other interesting subjects concerning Economy at TheDailyNewsReport.com
Sunday, September 22, 2013
Venezuelan government takes over toilet paper factory
What’s a socialist government to do? There has been an acute shortage of toilet paper in Venezuela for months so the government does what comes naturally; it takes over the largest factory in the country making TP.
Why? The government of President Nicolas Maduro believes there is a conspiracy to hoard toilet paper.
On Saturday, Vice President Jorge Arreaza announced the “temporary occupation” of the Paper Manufacturing Company’s plant in the state of Aragua. The aim, he explained, is to review the “production, marketing and distribution (of) toilet paper.”
“The … People’s Defense from the Economy will not allow hoarding or failures in the production and distribution of essential commodities,” the vice president said.
By the “People’s Defense,” Arreaza was referring to a government agency created on September 13 by President Nicolas Maduro to “defeat the economic war that has been declared in the country,” according to a report from state-run ATV. This group is charged with looking at inefficiencies across various industries in the nation, including foods and other products, and taking action presumably in the South American nation’s best interests.
Toilet paper is very much a part of the war.
The bathroom essential is one of the basic goods and foodstuffs that have been disappearing from store shelves since earlier this year. In Caracas, for instance, long lines are common whenever new rolls come in.
As the amount of TP and other products, such as rice and cooking oil, have lagged, the blame game has picked up.
Businesses and the political opposition say the shortages stem from ill-conceived government policies such as price controls on basic goods and tight restrictions on foreign currency. These moves make it so many producers can’t even break even, they say.
But the government has said private companies aren’t doing their part, accusing them of hoarding their products in hopes of selling it later at a higher price.
They’ve also suggested the problem is tied to a broader conspiracy.
“There is no deficiency in production,” Commerce Minister Alejandro Fleming said in May according to ATV, “but an excessive demand generating purchases by a nervous population because of a media campaign.”
So the media is to blame because there’s a shortage of toilet paper and they report it? I suppose it’s better than the truth – price controls don’t work and breed shortages. But that would be asking the government to admit that one of their fundamental economic tenets is wrong.
Good luck with that.
Meanwhile, the people suffer in slience, ending shortages not only in TP but of milk, cooking oil, and other basic foodstuffs. The government is importing 50 million rolls of toilet paper which may ease the shortage temporarily.
But when that’s gone, then what? Come up with a conspiracy theory about the US being the culprit no doubt.
Venezuelan government takes over toilet paper factory
Saturday, September 7, 2013
Thursday, June 20, 2013
Housing, regional factory data show economy"s stamina
A man holds a pamphlet handed out by a recruiter while attending a job fair in New York, June 11, 2013.
Credit: Reuters/Lucas Jackson
WASHINGTON |
WASHINGTON (Reuters) – More Americans than expected filed new claims for unemployment benefits last week, but still not enough to signal a material shift from the recent pace of moderate job growth.
Initial claims for state unemployment benefits increased 18,000 to a seasonally adjusted 354,000, the Labor Department said on Thursday. Economists had expected first-time applications to rise to 340,000 last week.
The four-week moving average for new claims, which irons out week-to-week volatility, rose 2,500 to 348,250 – holding below the 350,000 mark that economists usually associate with steady job gains.
Despite the increase last week, claims remained in the middle of their range for this year.
“The trend we’ve been seeing is still well intact. Where jobless claims are right now should tell you that the economy is doing okay, that it’s on a decent path,” said Brett Ryan, an economist at Deutsche Bank Securities in New York.
The dollar trimmed gains versus the euro and yen after the data, while yields on U.S. Treasuries fell slightly.
Last week’s data covered the period in which the government surveyed companies for June’s nonfarm payrolls count. Claims increased 10,000 between the May and June survey periods, suggesting little change in the pace of job creation.
Employers added 175,000 new jobs to their payrolls last month, with the unemployment rate ticking up a tenth of a percentage point to 7.6 percent. Job gains have averaged 172,000 per month over the last 12 months.
The Federal Reserve, which has been closely monitoring the labor market, said on Wednesday downside risks to the outlook for the jobs market had diminished since the fall and it painted a fairly upbeat picture of the economy.
Fed Chairman Ben Bernanke said the U.S. central bank expected to slow the pace of its bond purchases later this year and bring them to a halt around the middle of 2014. The Fed is buying $ 85 billion in bonds per month in an effort to keep interest rates low and drive down still-high unemployment.
The claims report showed the number of people still receiving benefits under regular state programs after an initial week of aid fell 40,000 to 2.95 million in the week ended June 8.
(Reporting by Lucia Mutikani; Additional reporting by Paige Gance; Editing by Andrea Ricci and Paul Simao)
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Housing, regional factory data show economy"s stamina
Saturday, May 25, 2013
Durable goods orders point to factory resilience
Washers and dryers are seen on display at a store in New York July 28, 2010.
Credit: Reuters/Shannon Stapleton
WASHINGTON |
WASHINGTON (Reuters) – Orders for long-lasting U.S. manufactured goods rose more than expected in April, a hopeful sign that a sharp slowdown in factory output could soon run its course.
New orders for durable goods, which range from toasters to aircraft, increased 3.3 percent last month, the Commerce Department said on Friday.
The data was the latest to show the U.S. economy exhibiting surprising resilience in the face of harsh fiscal austerity measures enacted this year.
“(It’s) another sign that growth is holding up quite well,” said Paul Ashworth, an economist at Capital Economics in Toronto.
While Washington hiked taxes in January and sweeping budget cuts began in March, consumer spending has looked relatively robust and many economists think the U.S. Federal Reserve could begin tapering a monetary stimulus program by the end of the year.
Economists polled by Reuters had expected new orders for durable goods, which are meant to last three years or more, to rise 1.5 percent last month. The Commerce Department also revised prior readings for orders to show a smaller decline in March than previously estimated.
The better-than-expected news helped contain losses on Wall Street, where stocks slipped for a third straight day. Investors fear that less monetary stimulus could crimp the supply of money for investing. Yields on U.S. government debt also declined.
NOT RIP-ROARING
Data earlier this month showed U.S. factory output fell in April for the second straight month, hurt by the European debt crisis which has weighed on demand at factories from Los Angeles to Shanghai.
Friday’s report showed a measure of underlying demand in the factory sector, which strips out aircraft and military goods and is an indicator of future business spending, advanced 1.2 percent. That was a faster clip than analysts had expected.
Even if that signals a return to growth in the factory sector, economists expect government austerity will nevertheless sap strength from the economy as the year progresses.
“While (Friday’s data) was definitely better than expected, I would not mistake this for rip-roaring strength,” said Stephen Stanley, an economist at Pierpont Securities in Stamford, Connecticut.
Shipments of core capital goods, which go into calculations of equipment and software spending in the gross domestic product report, fell 1.5 percent.
That suggests that while there were signs businesses could spend more in coming months, actual transactions got off to a weak start in the second quarter, reinforcing the view that economic growth has slowed.
Economists polled by Reuters earlier this month expect GDP to grow at a 1.5 percent annual rate in the second quarter, down from a 2.5 percent pace in the January-March period.
Shipments of capital goods in the defense sector, which is shouldering a large share of Washington’s austerity drive, fell 5.6 percent in April.
And while the strength in overall new orders was broad based, it received a boost from a rise in demand for aircraft, which is often volatile. The increase in aircraft orders was expected; plane-maker Boeing received orders for 51 aircraft, up from 39 in March, according to information posted on its website.
(Editing by Andrea Ricci)
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Durable goods orders point to factory resilience
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