Amtrak unveils locomotives to replace aging fleet
Amtrak has unveiled at a plant in California the first of 70 new locomotives, marking what the national passenger railroad service said it hopes will ...
Goodbye fluorescent bulb? Philips says yes.
If you've worked in an office, you're probably familiar with the soft glow of fluorescent tubes drifting from the ceiling. If Europe's Philips brand ...
Lew hopeful on reaching a budget breakthrough
Treasury Secretary Jacob Lew said Thursday that he is optimistic that President Barack Obama will be able to reach an agreement with Republicans in ...
Nokia returns to profit but sales keep dropping
Struggling Nokia Corp. turned a fourth-quarter net profit of €202 million ($270 million) compared with a loss of $1 billion a year earlier, but ...
Siemens earnings down 12 percent in its Q1
Earnings at industrial conglomerate Siemens AG declined 12 percent in the October-December quarter after the company took charges at its transport ...
Nokia: Q4 mobile phone sales beat own forecast
Nokia Corp. signaled Thursday its smartphone partnership with Microsoft was starting to reap rewards as it revealed that fourth-quarter mobile phone ...
Siemens to cut 1,100 jobs in energy sector
Industrial conglomerate Siemens AG says it will cut about 1,100 jobs in its energy division in Germany over the next two years amid a wider ...
Texas teen takes home $100K national science prize
A high school student from Texas has won a $100,000 scholarship for a developing a computer algorithm that helps robots navigate around obstacles, an ...
Eurozone unemployment hits another record high
Another month, another record unemployment rate for the economy of the 17 European Union countries that use the euro. Figures released Friday by ...
Light bulb maker Osram cutting 4,700 jobs
German industrial conglomerate Siemens AG's light bulb unit, Osram, says it is cutting 4,700 additional jobs in its drive to save costs and phase out ...
Siemens buys UK rail tech firm for $2.8 billion
German industrial conglomerate Siemens is buying a railway business division from Britain's Invensys PLC for 1.74 billion pounds ($2.8 billion).
Siemens to spin off majority in Osram unit
Industrial conglomerate Siemens AG has announced plans to shed a majority stake in its Osram unit, which makes light bulbs, in a spinoff to ...
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