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Oil equipment auctioneers brace for pain from price collapse: 'There's going to be slaughter'

2015-05-09 15:43:45| Industrial Machines - Topix.net

NISKU, ALBERTA a Standing within earshot of the constant, almost machine-like droning of the auctioneer rattling off ever-higher bids, construction executive Frank Richardson can't believe how much money his equipment is fetching. Already, two of his Mack water trucks, used at construction projects across Alberta, sold for up to 20 per cent more than he had expected, as he watched from the sidelines of what would become a record-setting auction of industrial machinery.

Tags: to price equipment oil

US: automakers need to brace for decreasing demand

2015-05-07 04:01:41| Auto Dealers - Topix.net

The US auto sales last month rose 4.6 percent to a total of almost 1,455,000 units, with an annually adjusted industry rate - or SAAR - of 16.45 million autos. The figures were below expectations, signaling harder times are ahead for the carmakers competing on the world's second largest auto market.

Tags: demand decreasing brace automakers

Brace Yourself for the Net Neutrality Lawsuits

2015-04-13 22:03:12| PC Magazine Software Product Guide

The FCC's net neutrality rules are official, paving the way for a spate of lawsuits.

Tags: net lawsuits brace neutrality

USW, refinery owners brace; ACA deadline nears; View-Master to come back?

2015-02-14 06:33:32| Toys - Topix.net

The United Steelworkers union and refinery owners were set to resume contract negotiations next week as the largest U.S. refinery strike since 1980 reached its 13th day on Friday. About 5,400 workers at 11 plants, including nine refineries accounting for 13 percent of U.S. production capacity, were on strike with no signs of an immediate end.

Tags: back owners deadline usw