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Dow Breaks 13,000 For First Time Since '08 Crisis

February 22, 2012 | by Christina Rexrode, AP Business Writer | Comments

The Dow last closed above 13,000 on May 19, 2008. The next day, it crossed under 13,000, not to return for almost four years.

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Mid Day Report

Daily news and top headlines for IT professionals

RIM Releases Belated New PlayBook Software

February 22, 2012 9:13 am | by Rob Gillies, Associated Press | Comments

Research In Motion released a free upgraded operating system for its struggling PlayBook computer tablet on Tuesday, almost a year later than it first said it would.

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Feds Investigate Problems With Side Air Bags

February 22, 2012 9:10 am | by Tom Krisher, AP Auto Writer | Comments

The problem already has caused recalls of more than 2,700 Toyota, Honda, Subaru and Nissan vehicles.

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Healthier Job Market Shows No Sign Of Slowing

February 21, 2012 9:47 am | by Christopher S. Rugaber and Derek Kravitz, Associated Press | Comments

Applications for unemployment aid are near a four-year low, raising expectations of further hiring gains.

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Taiwan's Foxconn Raises Wages For Chinese Workers

February 21, 2012 9:45 am | Comments

Taiwan's Foxconn Technology Group said Saturday that it has raised wages by up to 25 percent.

Conviction Against Goldman Sachs Programmer Reversed

February 21, 2012 9:38 am | by Larry Neumeister, Associated Press | Comments

Monday saw a surprise ruling from a federal appeals court that reversed the man's conviction on charges he stole computer code.

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Company Suing Apple Over iPad Name Open To Talks

February 21, 2012 9:35 am | by Elaine Kurtenbach, AP Business Writer | Comments

Apple says it bought the rights to the name in China and other countries in 2009, but that Proview failed to transfer the rights.

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Olympus India Exec Dead In Apparent Suicide

February 21, 2012 9:31 am | Comments

There has been no indication that his death is linked to the scandal over the coverup of $1.5 billion of losses at Olympus.

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Ex-Google CEO Schmidt To Sell 2.4M Shares

February 21, 2012 9:27 am | Comments

Schmidt's decision to sell some of his shares comes 10 months after he ended his 10-year stint as Google's CEO.

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Obama Promoting Steps To Boost U.S. Trade

February 17, 2012 2:28 pm | by Ken Thomas, Associated Press | Comments

Obama is calling on Congress to continue financing a national export credit agency crucial to a goal of doubling exports by 2014.

U.S. Sites Hacked As Objections Grow To Piracy Deal

February 17, 2012 2:21 pm | by Raphael Satter and Vanessa Gera, Associated Press | Comments

Sites belonging to the U.S. Federal Trade Commission and the National Consumer Protection Week were vandalized by Anonymous.

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Ex-SanDisk Worker Pleads Guilty To Conspiracy Charge

February 17, 2012 2:14 pm | by Larry Neumeister, Associated Press | Comments

Authorities say he fed tips about SanDisk Corp. to a research firm in Portland, Oregon.

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GE To Bring 300 Software Jobs To New Orleans

February 17, 2012 2:10 pm | Comments

GE spokesman Andrew Williams said Friday that the jobs with GE Capital will pay up to $100,000. He said all the positions will be new hires.

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Proposed Ga. Caterpillar Plant To Create 4,200 Jobs

February 17, 2012 2:06 pm | by Errin Haines and Jeff Martin, Associated Press | Comments

The 1-million-square-foot facility near Athens is expected to directly employ 1,400 workers and create 2,800 full-time jobs in the U.S. among suppliers and at other companies.

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Gauge Of Economic Activity Rose For Fourth Straight Month

February 17, 2012 2:03 pm | by Martin Crutsinger, AP Economics Writer | Comments

The Conference Board said Friday that its index of leading economic indicators rose 0.4 percent in January.

Experts Urge Stronger Anti-Hacking Regulation

February 17, 2012 9:29 am | by Lolita C. Baldor, Associated Press | Comments

The legislation would limit the number of industries subject to regulation to those in which a cyberattack could cause "an extraordinary number of fatalities."

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