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Commission says intellectual property theft costs the United States more than $300 billion each year.WASHINGTON – A high-powered commission said Wednesday that intellectual property theft was costing the United States the equivalent of all its exports …

SAN FRANCISCO – Hewlett-Packard (IW 500/7) said Wednesday that its quarter profit was hit by a dramatic slump in sales of personal computers, while maintaining that its reorganization is making progress.The troubled but biggest maker of personal comput…

EnlargeBoeing Co.Boeing will start assembling its new Air Force refueling tanker next month.Boeing plans to lay down the first wing spar for the Air Force’s KC-46 tanker on June 26, with the first aircraft to fly early in in 2014.That’s the word from Jim Eisenhart, director of business development

CEO Sawhney says the pharmaceutical firm, which pleaded guilty to making and distributing adulterated drugs, ‘is a different company today’NEW DELHI – Indian generic giant Ranbaxy said Wednesday it has spent over $300 million to overhaul its operations and ensure no repeat of drug safety violations&

May 22, 2013, 11:35am HSTMichael Kamdar has been named president of Cellana Inc., a Hawaii-based developer of algae-based bioproducts for the pharmaceutical, nutraceutical, fuel and animal feed industries, the company said Wednesday.Kamdar will be prim…

PPG Industries has made adjustments at two of its Polish facilities and is now making protective and marine coatings at Ostrow Wielkopolski, Poland.The plant, which was part of the company’s (NYSE: PPG) purchase of Dyrup A/S, used to make architectural…

NEW YORK U.S. industrial conglomerate General Electric (IW500/5) expects to spend about $6.7 billion in acquisitions through the rest of the year, GE CEO Jeffrey Immelt said Wednesday.In a presentation to analysts, Immelt noted the company had planned…

NEW YORK U.S. industrial conglomerate General Electric expects to spend about $2.4 billion in acquisitions through the rest of the year, GE Chief Executive Jeffrey Immelt said Wednesday.In a presentation to analysts, Immelt noted the company had plann…

EnlargeHouston is the U.S. market with the greatest need for engineers, a new study says.Houston was ranked as the No. 1 market in the U.S. with the highest demand for engineers, according to a new Monster Worldwide Inc. (NYSE: MWW) survey.Following Houston were San Jose, Calif.; San Diego, Calif.;&

EnlargeBloombergIndia is America’s 11th-largest trading partner, but U.S. manufacturers are concerned that India is now favoring its own companies over foreign businesses.We’re used to U.S. manufacturers complaining about China’s trade practices; now c…

Baldor Electric Introduces Full Line Of ER-Style Ball BearingsWed, 05/22/2013 – 4:20pmBaldor Electric Company (Fort Smith, Ark.) has introduced its line of Dodge ER-Style ball bearings, which are available in two shaft attachment methods. The set screw version has a 65 set screw angle for&

EnlargeSummer ClassicsBew White, owner of Summer Classics Inc., plans to move the company’s headquarters to Pelham from Montevallo.The Pelham City Council has unanimously approved Summer Classic Inc.’s $3 million offer for 32 acres, including the former Moore-Handley property, according to a news

EnlargeD.L. / Flickr cc-licensedDimo’s Pizza serves various types of slices, including a mac ‘n cheese slice, and makes the list of most interesting mac ‘n cheese dishes.Staff Chicago Business Journal
Business assets related to Elvis Presley and Muhammad Ali are going on sale.

EnlargeBusiness First File Photo | Ron BathNeville Blakemore is shown with some of the products produced by Great Northern Building Products.Two Louisville companies were included on a list of 100 fast-growing, inner-city businesses.This year’s Inner City 100 list, compiled by the Initiative for a

EnlargeAs part of a corporate restructuring and job consolidation at Mattel Inc., the toymaker will be reassigning jobs and making select layoffs at Fisher-Price by mid-October.In total, around 100 workers from the company’s East Aurora and New York ci…

EnlargeFile photoPercuVision founder Dr. Errol Singh will move with his staff to Ennovea’s offices following the company’s investment.Columbus manufacturer Ennovea is expanding its medical device expertise by taking a stake in Westerville-based PercuVi…

EnlargeCambridge Major is a provider of intermediates and ingredients for pharmaceutical manufacturers.Cambridge Major Laboratories Inc. this month is unveiling its expanded active pharmaceutical ingredient manufacturing facility in Germantown.The expansion, which The Business Journal reported in