MCWT programs go virtual
SOUTHFIELD—The Michigan Council of Women in Technology Foundation’s 14th annual Signature Gala went virtual—one more pivot this year for the nonprofit working to make Michigan the No. 1 state for …
Apple, Samsung atop PCs, household appliances falter, ACSI finds
ANN ARBOR—Americans are spending more time on their personal computers at home after COVID-19 lockdowns made remote working, online education, and at-home entertainment the new normal. But while those needs …
Whirlpool returns to profits in second quarter
BENTON HARBOR—Whirlpool Corp. (NYSE: WHR) posted net income of $67 million or $1.04 per share in the second quarter ended June 30, compared to a loss of $657 million or …
Whirlpool sells Brazilian compressor manufacturer
BENTON HARBOR—Officials at Whirlpool Corp. (NYSE: WHR) announced the completion of its Embraco business unit to Kyoto, Japan-based Nidec Corp. for $1.08 billion in cash. Embraco is a Brazil-based manufacturer …
Tax benefits, lower restructuring costs boost Whirlpool profit
BENTON HARBOR—A sharp reduction in restructuring costs and an income tax refund vs. a payment last year boosted net income for Benton Harbor-based appliance giant Whirlpool Corp. (NYSE:WHRL). Net income …
Whirlpool chairman Fettig to retire
BENTON HARBOR — Whirlpool Corp. (NYSE: WHR) board chair Jeff M. Fettig today announced that he will retire from the company on Dec. 13. Whirlpool’s board of directors has elected …
Whirlpool sales, profits fall
BENTON HARBOR — Whirlpool Corp. (NYSE: WHR), the world’s largest appliance maker, reported net income of $210 mllion or $3.22 a share in the third quarter of 2018, down from …
Whirlpool launches new website for building industry
BENTON HARBOR – Whirlpool Corp., the world’s largest manufacturer of home appliances, has launched a new website for building industry professionals, www.whirlpoolpro.com. The Benton Harbor-based company said the new website …
Whirlpool shares fall, rise after earnings miss, worse-than-expected outlook
BENTON HARBOR — Shares of Whirlpool Corp. rebounded 5.4 percent Tuesday after falling 3 percent Monday on an earnings miss. The world’s largest appliance maker posted net income of $94 …
Tax bite causes Whirlpool loss
BENTON HARBOR — Whirlpool Corp. (NYSE: WHR), the world’s largest appliance maker, reported a loss of $272 million or $3.69 a share in the fourth quarter, compared to net income …