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Back Office Processes

TRI, Intellilink Seek Partner for BOP Reshoring Project The Reshoring Initiative and Intellilink are seeking a company to participate in a joint research project to confirm whether back office processes (BOPs) can be reshored competitively using local U.S.-based staff and Robotic Process Automation (RPA) software. If the project is successful, the participating company will achieve […]

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Exelon Backs Volta

Exelon invests in energy storage One of the largest U.S. energy providers has invested in an energy storage startup, further indicating that the sector is on the rise within the utility world. Exelon’s undisclosed investment, announced December 12, will help fund Volta Energy Technologies, a startup based in the Chicago suburb of Naperville, Ill., that […]

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Batter Up

World’s largest battery goes online in Australia In what some consider a landmark achievement for renewable energy, the world’s largest battery went online Monday in Australia. Hornsdale Power Reserve, in the state of South Australia, features the world’s largest lithium-ion battery, used to provide power to huge wind turbines. The project—a joint venture between French […]

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Battle of the ‘Coms

Broadcom/Qualcomm ‘negotiations’ take another heated step The quest for the chip championship continues. In what is being called the first steps in a ‘hostile takeover’, Broadcom nominated an entire new board of directors (11 seats) for Qualcomm on Monday. The aggressive move stirs the pot following Broadcom’s $103 billion, and then later, $105 billion offers to […]

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GE Will Cut 12,000 Jobs

Cuts will come from GE Power; at least half will be in Europe General Electric will eliminate approximately 12,000 positions from its power division, GE Power, affecting both professional and production employees, the company announced today. The “headcount reductions,” as GE calls them, are a result of prior miscalculations of the sectors demand for coal […]

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Irons or Woods?

Virginia Beach golf course set for manufacturing facility The subject of much community debate, a Virginia Beach area manufacturer of electromechanical batteries and military components is slated to build a new facility on a former golf course. Global Technical Systems, a Virginia Beach-based provider of advanced engineering solutions for the defense and homeland security industries, […]

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EVolution

Like it or not, the electric vehicle is poised for a takeover Electric vehicles currently make up around 1% of new sales in the global automotive market. About half of that one percent resides in China. But experts project that number to rise to somewhere around 50% by mid-century. That’s roughly a percentage point every […]

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Spills, Approvals, and Actions

Updates on the Keystone pipeline situation The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration issued a Corrective Action Order on Tuesday, requiring pipeline operator TransCanada Corporation (Calgary, Alberta) to take certain corrective actions “to protect the public, property, and the environment from a hazardous condition” following the widely publicized pipeline leak from a […]

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Bits & Pieces

Nuggets mined from all corners of the industry Emerson gives up on Rockwell. It’s a bit surprising when a couple of Midwest folks can’t get along, isn’t it? Especially when there’s $29 billion on the table. St. Louis-based industrial-automation systems maker Emerson Electric said Tuesday it abandoned its bid for Milwaukee’s Rockwell Automation after several rejections, and […]

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A Lot of Chatter

FERC’s interim chair continues to keep everyone on edge Richard Glick, former general counsel for the Democratic Party on the Senate Energy and Natural Resources Commission, joined the Federal Energy Regulatory Commission (FERC) as its fourth commissioner yesterday, as he was sworn in. Glick and Kevin McIntyre, who is positioned to serve as chair, were confirmed by the […]

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