Yearly Archives: 2010

Obama to announce high-speed rail plan post-speech

A day after delivering a State of the Union address aimed at showing recession-weary Americans he understands their struggles, President Barack Obama intends to award $8 billion in stimulus funds to ... Read More

Oshkosh gets $410M military truck deal

The defense arm of Oshkosh Corp. has received a Pentagon order for more than 2,600 military trucks, in a deal worth more than $410 million. Oshkosh Defense said Monday the vehicles ... Read More

Obama visit to Kansas City will discuss stimulus, job creation

President Obama will use his visit to Smith Electric Vehicles U.S. Corp. in Kansas City on Thursday to highlight how the federal government is using stimulus grants to encourage more private ... Read More

Obama announces $33 billion hiring tax credit for jobs

President Obama announced today a proposal to establish a $33 billion tax credit to encourage small businesses to hire more workers and increase wages. The plan is one of several the ... Read More

Nucor forms joint venture with Mitsui

Steelmaker Nucor Corp. has entered into an agreement with Japan-based steel products manufacturer Mitsui & Co. Ltd. to form a new company called NuMit LLC, Nucor said March 2. Under the ... Read More

Novus makes 2 acquisitions

Novus International Inc. said Tuesday it acquired several food and feed pigment and ingredient companies in Spain and Mexico for an undisclosed amount. The purchases increase the company’s size and reach ... Read More

Novozymes to launch ethanol product

Danish biotech company Novozymes will launch in the first quarter this year a new enzyme to produce transport fuel from agricultural waste, Chief Executive Steen Riisgaard told Reuters on Saturday. That ... Read More

Novartis receives FDA approval for Zortress

The US Food and Drug Administration (FDA) has approved Zortress oral tablets for the prevention of rejection of kidney transplants in adult patients at low-to-moderate immunologic risk. Zortress is to be ... Read More

Novartis gets US approval for Meningitis vaccine

Swiss drugmaker Novartis AG said Monday that its meningitis vaccine Menveo has been approved for use in teenagers and adults by the U.S. Food and Drug Administration. Menveo is a vaccine ... Read More

Norway’s Yara to buy Terra Industries for $4.1B

Norwegian fertilizer company Yara International ASA said Monday it has agreed to acquire U.S. competitor Terra Industries Inc. for $4.1 billion. Yara said it would pay $41.10 per share of Terra ... Read More