Forest Products Industry
The problem was discovered a few weeks ago on turbine blades in a natural gas-fueled turbine, known as the 7HA, operated by Exelon Corp (EXC.N) in Texas, GE told Reuters. "We expect the same issue will impact other HA units," GE spokesman Chris Shigas said in an email. If the problem persists GE might need to pay compensation to customers and make costly design changes.
General Electric Co said on Thursday that four of its flagship power turbines in the United States have been shut down due to a problem with turbine blades that was discovered at an electrical power plant ...
Authorities are trying to figure out why a software company employee opened fire inside his Wisconsin office, armed with a pistol and extra ammunition, and seriously wounded several of his colleagues before he was fatally shot by police. Middleton Police Chief Chuck Foulke said the motive behind the Wednesday morning attack at WTS Paradigm wasn't immediately clear. The name of the suspect hasn't been released, but police said he worked at the company and lived in nearby Madison.
Two major market events that have the potential to send U.S. equity volumes sky-high will collide Friday. The first is the quarterly event known as “quadruple witching” -- when futures and options on indexes and individual stocks expire. The anticipated spike in turbulence will hit a market already roiled by rising trade tensions between the U.S. and China.
"Competition still remains an issue," said Neil Saunders, managing director of GlobalData Retail. Initial signs from channel checks and online sales are that Nike is also set to get a boost from a controversial ad campaign, launched earlier this month, featuring former NFL player Colin Kaepernick.
New U.S. liquefied natural gas terminals with enough capacity to double U.S. exports have either begun commissioning their facilities or are waiting for approval from the energy regulator, a review of their documents showed this week. Although long planned, the actual commissioning of plants has been a moving target in the past. It also opens the taps for large volumes to hit the spot market before long-term commercial contracts are formerly triggered.
The Canadian cannabis producer that was in talks with Coca-Cola to make a CBD-infused drink is reportedly targeting a US IPO in October
Aurora Cannabis is planning for a US initial public offering in October, the company's chief corporate officer said. The Canadian cannabis producer was reportedly in talks with Coca-Cola to make a CBD-infused drink. Marijuana stocks have been red-hot as of late.
Shares of Nvidia (NVDA) were down more than 2% shortly after the open Thursday as investors reacted to a fresh research note from Morgan Stanley that raised questions about performance in the company's gaming division.
Listings for an Amazon Echo Sub subwoofer and an Amazon Smart Plug were leaked ahead of a company event on Thursday. The subwoofer is designed to work with Amazon's Echo speakers, which would also get stereo sound functionality, according to the leaked listings on Amazon UK first spotted by the website Pocket-lint. The Amazon Smart Plug would give basic Alexa functionality to devices plugged into it.
A $10 billion marijuana producer just spun off its venture arm in the hopes it will become the 'Google Ventures of cannabis' (RIV)
Canopy Rivers, the venture-capital arm of Canopy Growth, made its debut on the Toronto Stock Exchange Thursday morning at $18.44 per share. The company, which makes minority investments in burgeoning marijuana companies, in an attempt to become the "Google Ventures of cannabis," found its way onto the exchange via a reverse takeover with a company formerly known as AIM2 Ventures.
Anheuser-Busch and other beverage makers donated cans of drinking water to victims of Hurricane Florence. Early estimates show that Hurricane Florence has left a $22 billion path of devastation in its wake, with $2.5 billion in insured losses so far. Hundreds of thousands of people are still without power in North Carolina, and flooding remains at dangerous levels.
New John Deere L-Series II Skidders and Wheeled Feller Bunchers provide simplified, reliable machines for loggers
Continuously evolving to better its machines and exceed customer expectations, John Deere is excited to introduce the new L-Series II Skidders and Wheeled Feller Bunchers. The new L-Series II machines feature a simplified design, providing a reliable, powerful solution, while still maintaining the productivity-boosting features of the original line, including an increase in hydraulic speed, large grapples and an improvement in weight distribution.
“With the new L-Series II machines, we wanted to build upon the best features of the original machines, while also simplifying the design to increase reliability,” said Brandon O’Neal, product marketing manager, John Deere Construction and Forestry. “Listening to our customers, we reworked the machines, making significant improvements under the hood. The new L-Series II machines offer decreased downtime without any changes to power and productivity.”
The new, simpler L-Series II models enhance customer experience by reducing maintenance and increasing uptime due to a number of part changes. Other changes to the machines include a reduction to the complexities of the electrical and hydraulic systems and improvements to component placements. “They [John Deere] rerouted it so the wires wouldn’t be so bunched up in the machine,” noted Wayne Sugg of Sugg Logging, who was one of the first loggers to test the new machines. “Since we’ve had the L-Series II 843 we’ve put 300 hours on it and haven’t had any downtime whatsoever. Uptime is important, because if the wood’s not going out getting on the trucks I’m not making any money.”
The L-Series II machines also include changes to boost productivity. The new skidder models offer increased grapple squeeze force of up to 10 percent. Articulation steering sensors improve the operator experience, ultimately increasing productivity. A new two-speed 4000 winch replaces the previous single-speed winch. “The machine is better, stronger and faster than the original. These machines – on a daily basis – they just they take a beating. The more you beef it up, the stronger it’s going to be, and the better it’ll be for us.” said Zane Winfield of Southern Logging, who also got a chance to experience the new machines.
In addition to the new changes, the L-Series II Skidders and Wheeled Feller Bunchers retain the productivity-boosting features that loggers loved in the original models. From a comfortable operator station to durable axles and rugged, large grapples, the L-Series II models offer loggers the features they need to tackle tough jobs. “We’ve spent countless hours collecting customer feedback to ensure our new machines met their needs, understanding the demands they face daily,” said O’Neal.
The cabs on all skidders and wheeled feller bunchers are equipped with features designed to maximize comfort, ultimately increasing productivity. Amenities like the efficient HVAC system, improved ergonomic controls and storage space offer the creature comforts loggers desire. Joystick steering and an optional rotating seat reduces strain on the operator’s body.
The L-Series II Skidder models feature the powerful Continuously Variable Transmission (CVT), which combines the smoothness of a hydrostatic transmission with the fuel efficiency of a lockup torque converter. This combination enables the skidders to boast excellent fuel efficiency, longer engine life and enhanced operator comfort.
Offering a one-button Quick Dump feature, the wheeled feller bunchers improves efficiency with the push of one button to release trees in a single, smooth motion. Additionally, the head-tilt and arm functions are combined to help minimize fatigue while improving productivity.
Another industry-changing feature on our skidders that carried over from the previous models are the durable axles – particularly the Outboard-Extreme™ axles. The models feature a pressurized continuous-lube system and independent axle filters that extend wear life. The rugged Outboard-Extreme axles – standard on the 848 and 948 models, and optional on the 748 machines – feature larger components, delivering maximum jobsite durability and a heavier weight for boosted machine stability.
These new models retain the impressive weight distribution, tire options and increased hydraulic speed that current machine-owners commend.
To learn more about the L- Series II Skidders and Wheeled Feller Bunchers, visit www.johndeere.com
Forestry Sales Manager – U.S. & Canada
It feels like Apple is being cheap by not including an important accessory with the $1,000 iPhone XS
Apple's new $1,000 iPhone XS doesn't come with a fast-charging brick. You'd need to spend $70 on the relevant accessories to fast-charge the $1,000 iPhone XS. With a starting price of $1,000, the iPhone XS should come with a fast-charging brick.
A former exec at Google and Facebook doesn't just expect job candidates to negotiate their offer — she hopes they will
Libby Leffler, a former Facebook executive and Google employee, is now the vice president of membership at SoFi. Leffler said she always expects job candidates to negotiate their job offer because it shows how they'll behave once they get hired. Negotiating a job offer is a notoriously harrowing process, especially if you've never done it before and assume the world will explode if you request a dollar more.