Scott Wooldridge

2 months ago | itbrief.asia | Scott Wooldridge

Across the globe, manufacturers are moving towards autonomous operations. With rapid advancements in artificial intelligence (AI), robotics, and the Internet of Things (IoT), autonomous manufacturing provides businesses with increased efficiencies, enabling them to be more resilient and adaptable as they operate in more complex environments. Remembering that autonomous manufacturing isn't a new and far-removed concept is essential. It is simply a progression of what already exists.

2 months ago | frontier-enterprise.com | Scott Wooldridge

The manufacturing and supply chain industry in Asia-Pacific (APAC) has become a key economic driver for the region in recent years. Nearly half of global manufacturing output originates from APAC, reinforcing its role in the global economy. Within APAC, Southeast Asia has emerged as a major manufacturing hub, supported by the broader China Plus One strategy, which encourages companies to diversify their production across China and Southeast Asian nations.

Aug 14, 2024 | treasuryandrisk.com | Lynn Cavanaugh |Adolfo Pesquera |Tom Gresham |Scott Wooldridge

Bank of America Tower in downtown Boca Raton, Florida. Another employer has been hit with a fiduciary breach class action lawsuit, alleging misuse of 401(k) plan forfeitures: Bank of America was sued by participants last week for improperly benefitting from the 401(k) plan money forfeited by employees who left the company.

Jun 10, 2024 | feeds.feedblitz.com | Lynn Cavanaugh |Scott Wooldridge |Alan Goforth |Michael Waterbury

(Photo: Diego M. Radzinschi/ALM)Engineering and construction firm Bechtel was sued last week by a former employee who says the company mismanaged its $5.1 billion retirement plan by defaulting workers into a pricey Empower managed account service that offered them little value, in an Employee Retirement Income Security Act (ERISA) lawsuit.

May 28, 2024 | treasuryandrisk.com | Daniel Neligh |Catarina Saraiva |Tom Rees |Scott Wooldridge

Guests shop during the grand opening of Nordstrom Rack at Best of the West shopping center on May 18, 2023, in Las Vegas. (Photo by David Becker/Getty Images for Nordstrom Rack.) U.S. consumer confidence unexpectedly rose in May for the first time in four months as views about business conditions and the labor market were less negative.