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Mid Day Report

Daily news and top headlines for IT professionals

See ERP In A New Light

October 5, 2010 9:32 am | Articles | Comments

When we looked at the market, we saw thay it was a market that needed solutions that were more affordable, that were more flexible, and that’s what we are aiming at building. For the better part of the last five years, software firm OpenERP has diligently worked to develop, introduce, offer, and popularize a new model for customer resource management (CRM) and enterprise resource management (ERP) enterprise software.

Your Energy Management Blueprint

October 5, 2010 9:24 am | by Jerry Cater, Senior Associate, LEED AP BD+C and Zach Platsis, LEED AP O+M and Energy Specialist, SSOE Group’s Sustainable and Renewable Solutions | Articles | Comments

The solution for resolving the integration of energy and sustainability projects and assets in large industrial, manufacturing, and institutional facilities is a fully integrated energy master plan. Not too long ago, making decisions about a company’s energy management and sustainability was a fairly uncomplicated process for most facility managers.

The Secret To Fighting Joblessness

October 5, 2010 8:54 am | Videos | Comments

The U.S. unemployment rate currently hovers around 9 percent, while Demark's jobless rate is an astoundingly low 4.2 percent. What gives? Well, it turns out the United States could learn a whole lot about fighting long-term unemployment from the Danes. According to this video, Denmark's generous unemployment benefit system has allowed the European country to curb joblessness more effectively than other countries.

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Record $2.39M Fine Issued To Wash. Refinery

October 5, 2010 4:43 am | by Phuong Le,, Associated Press Writer | News | Comments

SEATTLE (AP) — A deadly explosion in April at a Tesoro Corp. oil refinery in Washington state could have been prevented if the company had tested its equipment properly and followed other safety regulations, regulators said Monday. The Washington Department of Labor and Industries issued a record $2.

Current And Former GM Chief Execs Receive $1.3M In Stock In 3Q

October 5, 2010 4:41 am | News | Comments

DETROIT (AP) — General Motors gave its current and former chief executives more than $1.3 million in stock in the third quarter under terms of their pay packages. The automaker says in filings with the Securities and Exchange Commission that former CEO Ed Whitacre got more than 16,300 shares worth over $883,000 on Sept.

Toyota Unveils Smart-Grid Technology Car Plug-In

October 5, 2010 4:40 am | by Yuri Kageyama, AP Business Writer | News | Comments

y Yuri Kageyama, AP Business Writer TOKYO (AP) — Toyota is pairing its little known housing business with its expertise in green cars to sell computer systems that link homes, utilities and vehicles to reduce energy use. The world's biggest automaker said Tuesday the launch of its home smart grid system in Japan will coincide with its plug-in hybrid cars going on sale in early 2012.

GE Inks $700M Deal To Supply Saudi Power Plant

October 5, 2010 4:36 am | News | Comments

General Electric Co. said Monday it has signed contracts worth about $700 million to supply equipment and services for a power plant in Saudi Arabia. The power plant, called Riyadh PP11, will be located just outside of Saudi Arabia's capital city and will add nearly 1,730 megawatts of power to the Saudi Electricity Company, GE said.

Orders to U.S. Factories Fall 0.5 Percent

October 5, 2010 4:32 am | by Martin Crutsinger, AP Economics Writer | News | Comments

WASHINGTON (AP) — Orders to U.S. factories fell in August, reflecting a big drop in demand for commercial aircraft. But outside of the volatile transportation sector, orders rose for the first time since March. Factory orders fell 0.5 percent in August, the third drop in the past four months, the Commerce Department said Monday.

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Raytheon Acquires Technology Associates

October 5, 2010 4:30 am | News | Comments

WALTHAM, Mass. (AP) — Raytheon has acquired Technology Associates Inc., a provider of computer engineering for the U.S. intelligence community, the defense contractor said Monday. Raytheon wants to expand its cybersecurity business and the privately held company, which has 110 employees, will become part of its intelligence and information systems business.

Call It A Comeback For Manufacturing?

October 4, 2010 10:33 am | Videos | Comments

Can we call it a comeback for manufacturing? Well...sort of. The Institute for Supply Management said Friday that its manufacturing index read 54.4 in September, down from 56.3 in August. A reading above 50 indicates growth. However, the growth has been slow. Furthermore, there are slower gains in new orders — a gauge of future business — and shrinking company backlogs .

Dead Wood Rising

October 4, 2010 10:18 am | by David Mantey, Editor, PD&D  | Articles | Comments

Ah, the sweet changes the recession has brought to this nation. With all the restructuring, fat-trimming, productivity increasing, and headcount changing, it’s hard to believe that anyone was ever fired or laid off . "This economy is lumpy.” The statement didn’t launch the event with the flash and bang that I had anticipated.

R&D: A Make-Or-Break Investment (Part II)

October 4, 2010 10:02 am | by Behnam Adib | Articles | Comments

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Pick And Place With Ease

October 4, 2010 6:08 am | Product Releases | Comments

Bosch Rexroth (Hoffman States, IL) now offers the new MSC-EL with integrated electrical drive, designed for small pick-and-place applications. According to the company, it is available initially in two sizes, the MSC-EL-12 and MSC-EL-16. CamoLINE connectivity resulting from the Easy-2-Combine interface provides for quick connection without the need for auxiliary adapter plates and extensive adjustment.

GE Invests $60M In Ohio Manufacturing Plant

October 4, 2010 4:18 am | News | Comments

CLEVELAND (AP) — GE Lighting has completed a key stage in its expansion of a manufacturing plant in Bucyrus, Ohio. The company hosted an opening celebration Friday to recognize its more than $60 million investment in the facility, which will manufacture energy-efficient fluorescent light bulbs.

Manufacturing Activity Expands For 14th Straight Month

October 4, 2010 4:15 am | by Tali Arbel, AP Business Writer | News | Comments

NEW YORK (AP) — Manufacturing activity expanded in September for the 14th straight month, although at the slowest pace since November. The Institute for Supply Management said Friday that its manufacturing index read 54.4 in September, down from 56.3 in August. A reading above 50 indicates growth.

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