Wonjoo Yun

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Factory output in California surging despite job losses

California manufacturers really can do more with less.<p>The output of state factories has surged 73% during the last 15 years — twice as fast as the rest of the nation — even as the sector bleeds jobs, according to a new report from the Los Angeles County Economic Development Corp. Employment …

Manufacturing

Americans Won't Stop Loving Amazon, No Matter What It Does

A bitter public feud with a book publisher, eviscerating segments by Stephen Colbert and reports of terrible warehouse working conditions don't seem to be having much effect on how Americans feel about Amazon, according to a new survey.<p>Amazon, the world's largest online retailer, kept its spot as …

Comcast Just Spent Millions To Connect Everything In Your Home To The Internet

Launched in 2008 as a spinoff from Xerox's Palo Alto Research Center (PARC), PowerCloud Systems specializes in WiFi management systems control. Its enterprise product CloudCommand VC allows companies to manage and control their Internet connections, while its consumer product Skydog does the same …

Internet of Things

BMW and Mercedes to Collaborate on Wireless Charging Systems

BMW and Mercedes-Benz are collaborating to provide wireless charging for their next series (and classes) of electric cars. Under their R&D microscopes is a new magnetic-resonance charging system that eventually may replace wired Level 2 stations altogether. This system of weathered, sealed coils …

Ralph Nader: GM Must Pay Big for What Was Clearly an Institutional Cover-Up

The ongoing and tragic General Motors debacle involving the mishandling of the fatal ignition switch defect reached its latest milestone with the …

United Airlines overhauls frequent flier program

United Airlines is upending its frequent-flier program, basing MileagePlus awards on dollars spent rather than miles flown in a shift that rewards big-spending corporate travelers, its most profitable customers.<p>The decision, announced Tuesday, mirrors a move by Delta Air Lines earlier this year. …

Botched recall: 'Fundamental failure'

The delayed recall by General Motors that led to the deaths of at least 13 people was caused by the misconduct of about 20 employees and "a pattern of incompetence and neglect" throughout the company, according to an internal probe released Thursday.<p>GM Chief Executive Officer Mary Barra announced …

US MANUFACTURING OUTPUT HIGHEST SINCE FEB. 2011

Markit's flash manufacturing data reading for May came in at 56.2.<p>Expectations were for a reading of 55.5, up a tick from 55.4.<p>The output sub-index climbed to 59.6 from 58.2, the highest reading since Feb. 2011.<p>Full release from Markit »<p>Here's Markit Senior Economist Paul Smith:<p>The US manufacturing …

GM Recalls 2.7 Million Vehicles in United States

General Motors Co said on Thursday it has issued five more recalls, covering about 2.7 million vehicles in the United States and as a result is expected to take a charge of up to $200 million.<p>Still dealing with the fallout from the recall of defective ignition switches linked to at least 13 deaths, …

General Motors

GM Issues Massive Recall

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Product Recalls

GM Battling to Salvage Reputation, Help Owners in Vehicle Recall

General Motors faces a backlash over its admittedly poor handling of a recall now covering 2.6 million vehicles with potentially defective ignition switches, some of them linked to at least 12 deaths and 31 crashes.<p>GM is clearly looking for a way to salvage its reputation and minimize the long-term …

General Motors

Ford to Cadillac: There's Another America Out There

N'est-ce pas?<p>Remember this guy?<p>Let's just say he wasn't everybody's favorite.<p>The ad, which aired incessantly throughout the Olympics, provoked an outpouring of criticism: Elizabeth Weiss, writing in the <i>New Yorker</i>, said the character seemed "vaguely sociopathic." In <i>The Washington Post</i>, Brigid …

In Korea, they punish banks for ID theft

LOS ANGELES (MarketWatch) — In the U.S. and many other developed economies, the hacking of customer information isn’t all that uncommon. And (in the …

Small Businesses: Prepare to Be Breached

If some in the small business community thought to themselves, “better them than us,” after hearing that hackers had breached mega chains Target, …

Nearly half the people in South Korea had their credit card numbers stolen by one man

The credit card information of 20 million South Koreans has been leaked, state regulators reported on January 19. In a country of 50 million, this marks one of the country’s most devastating security breaches ever. The perpetrator? Allegedly, a single engineer.<p>An employee of Korea Credit Bureau has …

South Korea

Six active attacks on retailers found, cybersecurity firm says

The cyber security firm IntelCrawler said on Friday it has uncovered at least six ongoing attacks at merchants across the United States whose credit card processing systems are infected with the same type of malicious software used to steal data from some 40 million credit cards at Target …

Cybersecurity

Cadillac Has Changed The Logo On All Its Cars

Cadillac is in the midst of a resurgence, and the debut of the gorgeous ATS Coupe at the Detroit Auto Show today makes its future look even brighter.<p>At the reveal, GM's luxury brand made another, less spectacular announcement: It's changing its logo. The new look was first shown in August on the …

In A Weak Europe, Volkswagen Has Gotten Even Stronger

Most European automakers struggled through a six-year slump that reduced the car market by more than a third. Much like the Detroit Three, manufacturers overly reliant on Europe like PSA Peugeot Citroen were stretched to the breaking point. But Volkswagen, Europe’s biggest automaker, came through …

Honda Most Durable Mainstream Brand for Past 25 Years - Wide Open Throttle

For newer models, one of the most sought-after awards are the Porsche Leads J.D. Power’s 2013 Initial Quality Study, Lexus Drops – Wide Open Throttle” target=”_blank” rel=”nofollow”>J.D. Power initial quality and vehicle dependability surveys. Although these reports are a good indicator of customer …

R.I.P.: Vehicles automakers killed this year

The customer is frequently right. It's hard to argue with that conclusion when you look at the cars and trucks automakers pulled the plug on this year.<p>Some were misbegotten projects that should never have been built. Others had their moment, but outlived their usefulness. A few, I'll miss.<p>This is …

Target faces lawsuits, state probes after customer data breach

Instead of basking in holiday cheer,<p>Target Corp.is spending the crucial shopping days before Christmas dealing with probes from several state attorneys general, infuriated social media comments and customer lawsuits over a massive data breach.<p>In a rough year for retail, when consumers are already …

Identity Theft

The Major Problem With Cheap Electric Cars

Mitsubishi is the latest in a long line of automakers to slash prices on an electric car, the unpronounceable, unfortunately named i-MiEV. The model …

Tech giants call for greater limits on government surveillance

Eight companies, including Apple, Google, and Microsoft, call on President Obama and Congress to reform surveillance efforts.<p>A handful of the most powerful tech companies are calling on President Obama and Congress to set limits on government surveillance efforts following a steady stream of …

Safety of older drivers targeted by NHTSA

Although they are statistically among the safest on the road, the number of older drivers is increasing dramatically — and with it, that group's numbers of injuries and deaths. Because of this, the U.S. Department of Transportation's National Highway Traffic Safety Administration on Thursday …

NHTSA Announces New Guidelines, Ratings for Older Drivers - Wide Open Throttle

Now that baby boomers are retiring in larger numbers means the number of drivers over the age of 65 is going up, and will continue to increase in the years ahead. Although traffic injuries and fatalities declined for a period, traffic deaths and injuries among drivers 65 and older are increasing. …

Subaru Runs Laps Around The Rest Of The Auto Industry

Subaru continues to be in a class by itself in terms of higher sales, having already set an all-time U.S. sales record as of October.<p>Sales for November and December will merely pad the record and make it even bigger. Subaru of America Inc., based in Cherry Hill, N.J., was expected to report …