Tom Murphy

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Industrial Media Unboxing Video
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November 23, 2022
A worker collects parts at SMC, a Japanese pneumatic engineering company factory in Beijing on Jan. 10, 2023. China's trade surplus swelled to a record $877.6 billion in 2022 as exports rose 7% despite weakening U.S. and European demand and anti-virus controls that temporarily shut down Shanghai and other industrial centers.
China's Trade Surplus Swells to $877.6B as Exports Grow
January 13, 2023
Shoppers carry shopping bags down Fifth Avenue, Monday, Dec. 19, 2022, in New York. After a two-year hiatus, holiday procrastinators are back this year, during a holiday season when retailers need them even more. Shoppers have been pulling back on buying and waiting for the best deals as inflation weighs on their shopping habits.
Holiday Procrastinators Are Back in Force. Blame Inflation.
December 23, 2022
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Houchens Industries to Acquire Air Hydro Power
December 20, 2022
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Refined tellurium is displayed at the Rio Tinto Kennecott refinery, May 11, 2022, in Magna, Utah.
Supply Chain
Study Says World Has Enough Rare Earth Minerals to Fuel Green Energy Shift
In this June 15, 2018, file photo a variety of Procter & Gamble products rest on a counter in East Derry, N.H. Procter & Gamble Co., raised its full-year sales outlook though it cautioned that higher commodity prices continue to squeeze profits.
Supply Chain
P&G Sees Shoppers Cut Back Amid Price Hikes
In this Feb. 14, 2019 file photo, people stand in the lobby for Amazon offices in New York. Amazon is ending a charity donation program it ran for a decade in its latest cost-cutting move. In a blog post on Wednesday, Jan. 18, 2023, the company said the program, called AmazonSmile, will shut down by February 20.
Supply Chain
Amazon Axes Charity Program Amid Wider Cost-Cutting
Industrial Media Unboxing Video
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Industrial Media Unboxing Video
More from Tom Murphy
Security Breach Podcast
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Security Breach Podcast
A new video series from Manufacturing.net - Security Breach, looks to offer the insight and tools needed to ready your company's defenses. Stay up-to-date on today's vital cybersecurity topics by subscribing here.
January 10, 2023
This image provided by Pfizer shows its COVID-19 pills. Drugmaker Pfizer said Tuesday, Nov. 16, 2021, it is submitting its experimental pill for U.S. authorization, setting the stage for a likely launch in coming weeks.
Product Development
Pfizer, U.S. Ink $5.29B Deal for Possible COVID-19 Treatment
The price for Pfizer’s potential treatment amounts to about $529 per course.
November 18, 2021
This Oct. 16, 2012 file photo shows the Johnson & Johnson logo on a package of Band-Aids, in St. Petersburg, Fla. Johnson & Johnson is splitting into two companies, separating the division that sells Band-Aids and Listerine, from its medical device and prescription drug business.
Operations
Johnson & Johnson to Split into 2 Companies
The company is the world’s biggest maker of health care products.
November 12, 2021
In this Tuesday, Oct. 25, 2016, file photo, Joaquin Duato attends the fourth annual Save the Children Illumination Gala at The Plaza Hotel in New York. Johnson & Johnson said late Thursday, Aug. 19, 2021, will replace Chairman and CEO Alex Gorsky with Duato starting next year.
Operations
J&J CEO to Step Down
He's being replaced with another veteran company executive.
August 20, 2021
This combination of file photos from left shows Warren Buffett, chairman and CEO of Berkshire Hathaway, on Sept. 19, 2017, in New York, Jeff Bezos, CEO of Amazon.com, on Sept. 24, 2013, in Seattle and JP Morgan Chase Chairman and CEO Jamie Dimon on July 12, 2013, in New York. A health care venture created in 2018 by the three corporate giants to attack soaring care costs will shutter only a couple years after launching. A company spokeswoman said Monday, Jan. 4, 2021, that Haven will end operations in February.
Operations
Amazon Bid to Address Soaring Health Costs is Over
Haven is quietly dissolving less than three years after it was formed.
January 4, 2021
This is an April 26, 2017, file photo showing Eli Lilly corporate headquarters in Indianapolis. Eli Lilly continues to back a potential COVID-19 treatment despite research showing that it may not work on hospitalized patients. The drugmaker said Tuesday, Oct. 27, 2020, that It remains confident that its drug may stop COVID from developing in other patients.
Product Development
Lilly Stays Confident in Possible COVID Drug After Setback
The drugmaker maintains that its drug may stop COVID from developing in other patients.
October 27, 2020
A patient during a telemedicine video conference with Dr. Deborah Mulligan, Jan. 14, 2019, in Brooklyn.
Software
Outbreak Prompts Push to Telemedicine
Americans have been slow to embrace virtual care, but that may be changing.
March 23, 2020
Oxy
Operations
Purdue Begins Bankruptcy Journey
Initial proceedings begin today for the OxyContin maker that filed for bankruptcy and negotiated a potential multi-billion dollar settlement.
September 17, 2019
This April 26, 2017, file photo shows the Eli Lilly and Co. corporate headquarters in Indianapolis. Eli Lilly is offering a half-price version of its top-selling insulin Humalog as drugmakers face growing pressure to control prices. The drugmaker says it will introduce a version of the diabetes treatment called Insulin Lispro with a list price 50 percent lower than its current rate, about $275 per vial.
Product Development
Eli Lilly to Sell Cheaper Insulin
The initial list price will be 50 percent lower than Humalog's current rate of about $275 per vial.
March 5, 2019
In this June 1, 2017, file photo, a sign stands on the campus of the Aetna headquarters in Hartford, Conn. Some major health insurers plan to take a little sting out of prescription drug prices by giving customers rebates at the pharmacy counter, and they could spark a trend. Aetna and UnitedHealthcare both say they will begin passing rebates they get from drugmakers along to some of their customers starting next year.
Operations
Drugmaker Rebates May Reach Consumers
Aetna and UnitedHealthcare both say they will begin passing rebates they get from drugmakers along to some customers starting next year.
April 11, 2018
In this June 30, 2011 file photo, a sign from of the Eli Lilly and Co corporate headquarters is pictured in Indianapolis. Eli Lilly will slash its global workforce by nearly 9 percent as the drugmaker closes some research sites and pushes to trim fixed costs. The Indianapolis company said Thursday, Sept. 7, 2017, it will cut about 3,500 positions, mostly through a voluntary retirement program in the United States. The insulin maker employed 41,240 people worldwide at the end of June.
Operations
Eli Lilly Cuts 3,500 Jobs
The company hopes to streamline by closing some facilities and moving production.
September 8, 2017
Pfizer Ap 57e929d4d6933
Operations
Pfizer Won't Split in Two
The maker of Viagra and the pain treatment Lyrica has been talking about a split for several years, thinking that two companies might grow faster than one.
September 26, 2016
Mylan Epi Pen Well 57c436adef1ac
Operations
Mylan Launching Cheaper EpiPen
The company, embroiled in criticism over its recent price hikes, has announced a generic version of the allergy treatment that is half the cost.
August 29, 2016
In this Monday, Nov. 23, 2015, file photo, a man enters Pfizer's world headquarters, in New York. Pfizer is buying biopharmaceutical company Medivation in a deal valued at about $14 billion. Medivation Inc.’s stock soared more than 19 percent in Monday, Aug. 22, 2016 premarket trading.
Supply Chain
Pfizer Buying Medivation for $14B
The acquisition of the cancer drug company will add a pricey late-stage prostate cancer treatment to its portfolio.
August 22, 2016
Abbott Laboratories will buy St. Jude Medical Inc. in a cash-stock deal that aims to strengthen the medical device maker's share of the market for cardiovascular care
Operations
Abbott to Buy St. Jude for $25B
The acquisition will blend St. Jude's pacemaker and implantable defibrillator business with Abbott's focus on artery-opening stents and heart repair products.
April 29, 2016