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Ecommerce startup HubLogix flounders after venture firms pull plug

2015-07-21 20:56:18| Air Courier - Topix.net

The future of venture-backed HubLogix is uncertain after the e-commerce startup's investors chose to quit funding it. HubLogix jettisoned about 25 jobs employees, including the sales and marketing team, and is operating with about seven employees, a source said.

Tags: firms pull plug venture

 

Plug Power For Second Half: Signs Of A Massive Turnaround

2015-07-20 22:01:43| Electronics - Topix.net

Plug Power pre-announced record revenues for Q2 yet stock has been hovering around 52-week lows due to weak sentiment driven by history of over-promising and under-delivering. Plug CEO stated earlier this year that Plug's history of over-promising and under-delivering would come to an end as he committed to $100M in annual revenue.

Tags: power half signs massive

 
 

CN pulls the plug today on Algoma passenger train

2015-07-16 13:17:57| Railroads - Topix.net

The search is on for a new operator to take over a Sault Ste. Marie-to-Heart passenger train service after Canadian National Railway announced it will cease operations on July 15. Photo supplied The search is on for a new operator to take over a Sault Ste.

Tags: today train plug passenger

 

Clean energy bank 'seeks legal advice' after Coalition pulls plug on wind and solar projects

2015-07-13 03:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Clean Energy Finance Corporation (CEFC) is seeking legal advice after the government instructed it to halt investment in wind power and small-scale solar projects. On Sunday the federal government confirmed that wind and rooftop solar projects would no longer be financed, instead insisting the CEFC focus on funding new and emerging technologies. The CEFC was seeking legal advice on whether the governments directive fell within its investment mandate, in line with its usual legal processes....

Tags: legal advice energy bank

 

Double Block and Bleed Plug Valve

2015-07-08 01:00:00| Offshore Technology

Control Seal has developed the double block and bleed dual-expanding plug valve (DBBV) due to market demand for a non-friction, double-tight shut-off valve. Reduced space and little to no maintenance requirements were met.

Tags: double block plug valve

 

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