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Northwestern Mutual tapping nearly 50 local firms for $450M project

2013-09-26 02:27:43| Industrial Machines - Topix.net

Northwestern Mutual has recruited 13 local companies to help with the design and engineering of its downtown tower, and 36 more to demolish a building to clear land for the development.

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China's smartphone shipments to exceed 450m in 2014: IDC

2013-09-24 16:59:49| Semiconductors - Topix.net

China, a market dominated by Samsung Electronics Co Ltd and Lenovo Group Ltd, is expected to ship 120 million 4G-enabled smartphones to meet consumer demand for Internet connectivity [SINGAPORE] The world's biggest smartphone market China will likely ship in more than 450 million devices in 2014, at least a quarter more than this year, research ... (more)

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Southern Co. absorbs $450M in additional losses for over-budget Mississippi coal plant

2013-07-31 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Southern Co. shareholders will absorb $450 million in losses incurred while building a new coal-fired power plant in Mississippi, raising the total write-offs on the construction project to nearly $1 billion, utility officials said Tuesday. The utility announced the pre-tax write-off on its massive project in Mississippis Kemper County before releasing its second-quarter earnings Wednesday. Company officials had earlier estimated the most recent charge would be around $160 million or more, significantly...

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