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Dover to Sell Destaco to Stabilus

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  • Post last modified:October 11, 2023

Dover, a manufacturer of industrial products with annual revenue of over $8 billion, has announced its agreement to sell Destaco, its automation, workholding, and containment solutions company, to Stabilus. The…

House Republicans Nominate Steve Scalise for Speaker

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  • Post last modified:October 11, 2023

House Republicans have chosen Majority Leader Steve Scalise as their candidate for speaker, replacing the previously ousted Kevin McCarthy. This decision comes after Scalise defeated Judiciary Chairman Jim Jordan for…

Voxeljet Partners with GE Research

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  • Post last modified:October 11, 2023

Voxeljet has been selected by GE Research as its partner for the U.S. Department of Energy's $14.9 million award in federal funding. This funding is aimed at the development and…

A Historic Bear Market for U.S. Treasurys

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  • Post last modified:October 10, 2023

Longer-term U.S. Treasurys are currently enduring a bear market period that exceeds the duration of both the 2000-2002 dotcom crash and the 2007-2008 financial crisis, according to DataTrek Research. Record…

LVMH Misses Sales Expectations in Third Quarter

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  • Post last modified:October 10, 2023

Luxury-goods industry faces challenges with inflation and high interest rates The luxury-goods industry is experiencing difficulties as consumer spending is being squeezed due to inflation and high interest rates. LVMH…