Custom battery-maker, Resistacap Energy Products is moving its headquarters from Alabama to Florida.
Maintenance is an important, but tricky part of the productivity equation. Brainboxes has been working with RS Components, using the latest technologies to tackle the age old problem of maintenance. Retrofit is important as it is often older machines that need more maintenance. Watch how Brainboxes’ Remote IO devices provide a simple solution to help RS’s maintenance team with some cranes in their warehouse.
The New Jersey Turnpike Authority has again lost its legal battle with a Florida-based pizza franchise over its logo. The company’s green and yellow sign substitutes pizza for Parkway and lists subs, cheesesteaks and pasta. The U.S. Patent and Trademark Office panel found there are similarities between the Garden State Parkway’s logo and the one used by Jersey Boardwalk Pizza, but it dismissed the Turnpike Authority’s claims, saying there is not a likelihood of confusion between the marks.
Arevo, a startup with backing from the venture capital arm of the Central Intelligence Agency (CIA), has produced what it says is the world’s first carbon fiber bicycle with 3D-printed frame.
Google’s YouTube Music scheduled for launch next week, will offer both ad-supported and $9.99-per-month versions. It will compete directly with services from Spotify, Pandora, Apple, and amazon.com.
YouTube also has plans for YouTube Red, the paid version of YouTube that comes with original programming, to include YouTube Music at an additional price of $2. YouTube Premium, which will replace YouTube Red, will cost $11.99.
According to the International Federation of the Phonographic Industry, revenue from music streaming services overtook sales of CDs and digital downloads for the first time in 2017.
Higher spending on technology, equipment and facilities is easing worries that S&P 500 companies have reached a peak in the profit growth. The increased spending in the first quarter follows significant cuts in corporate taxes approved late last year by Congress. Companies have also been returning the tax cut windfall to shareholders via share buybacks and increased dividends. Apple made a $23.5 billion repurchase in the first quarter
The next planned space launch is another SpaceX rocket carrying a satellite for one of the world’s biggest satellite companies, SES. It will be a previously flown first-stage rocket booster and launch could be on May 31, 2018. The SES launch will be from Cape Canaveral Air Force Station’s Launch Complex 40 in Florida. The new rocket is designed to be reused ten times with no refurbishment. At some point, SpaceX leaders have said they want to relaunch a Block 5 twice in one day after simply refueling it.
There are 92 registered air carriers in the US operating 6,817 registered aircraft. Including paved and unpaved airports, there are 13, 513 airports in the US in addition to 5,287 heliports.
Worldwide trade in arms is estimated to be worth about $100bn per year. A defence industry think tank says that major weapons sales in the five years to 2017 were ten percent higher than in 2008 to 2012. The United States is the world's number one arms exporter, accounting for about 34 percent of global arms sales. The US's arms exports are 58 percent higher than those of Russia, the world's second-largest exporter.
Walmart gross margin during Q1 2018 was down and within the U.S. division, operating income fell 3.1 percent from the prior year. The growing cost of competition with Amazon.com is the probable cause.
Walmart’s e-commerce sales grew 33 percent, above the 23-percent growth in the previous three months. The company said it is on track to increase U.S. e-commerce sales by 40 percent for the full year.
Walmart has recorded nearly four straight years of U.S. growth, unmatched by any other retailer.