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Mid Day Report

Daily news and top headlines for IT professionals

Governor Extends Tax Credit To Northrop Grumman

August 18, 2014 10:08 am | by The Associated Press | News | Comments

California Gov. Jerry Brown has signed legislation that extends a $420 million state tax credit to aerospace giant Northrop Grumman Corp. after approving a similar deal for its competitor, Lockheed Martin Corp.           

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Survey: Michigan Recovery Among Tops In Nation

August 18, 2014 9:49 am | by Michigan Economic Development Corporation | News | Comments

An expansive survey of economic activity across the U.S. offers an endorsement of the strength of the Michigan recovery and a boost for the promising prospects for the state’s continual business growth.             

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Drive-Unit Warranty On Tesla Model S Increased To 8 years

August 18, 2014 9:44 am | by The Associated Press | News | Comments

Electric car maker Tesla Motors says it has extended the drive-unit warranty for its Model S sedan to make it good for eight years and unlimited miles.                             

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Senator Calls For Surveillance Policy Shift

August 18, 2014 9:39 am | by Nigel Duara, Associated Press | News | Comments

A Oregon Senator called for updates to the rules by which intelligence agencies operate, and said he plans new legislation aimed at ending bulk electronic surveillance.                       

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Ex-Peanut Plant Head Says He Lied About Salmonella

August 15, 2014 11:48 am | by Kate Brumback, Associated Press | News | Comments

A former manager of a peanut processing plant blamed for a deadly salmonella outbreak lied to federal investigators to protect the company he worked for.                         

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Chiquita Rejects New $611M Takeover Bid

August 15, 2014 11:46 am | by The Associated Press | News | Comments

Banana distributor Chiquita Brands says it is rejecting the $611 million buyout offer from investment firm Safra Group and the Brazilian agribusiness and juice company Cutrale Group.                   

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Coca-Cola Bets On Energy Drinks With Monster Stake

August 15, 2014 11:42 am | by The Associated Press | News | Comments

Coca-Cola is buying a 16.7 percent stake in Monster Beverage for $2.15 billion, with the world's biggest soda maker hoping to benefit from the surging popularity of energy drinks.                 

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U.S. Factory Output Surges

August 15, 2014 11:35 am | by Josh Boak, AP Economics Writer | News | Comments

U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals.                             

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84 MPG Car Gets Closer To Production

August 15, 2014 11:31 am | by Dee-ann Durbin, AP Auto Writer | News | Comments

Elio Motors wants to revolutionize U.S. roads with its tiny car, which is the same length as a Honda Fit but half the weight.                                   

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7 Ways To Manage Inventory With Specialized Delivery Services

August 15, 2014 11:27 am | by Will Bacon | Articles | Comments

Here's a look at the seven ways manufacturers can partner with suppliers to reduce their inventory and streamline their logistics and market planning for advanced delivery.                       

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Engineering Newswire: Robo-Shipbuilder Suit Gives Workers Superhuman Strength

August 15, 2014 11:08 am | by Product Design & Development | Videos | Comments

Today's Engineering Newswire looks at exploring the ocean in a private submarine, translating vibrations into audio signals and gaining superhuman strength... with the help of a robotic exoskeleton.               

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Will Produce Trump The Cookie Aisle In The Future?

August 15, 2014 10:55 am | by USA TODAY | Videos | Comments

Hadley Malcolm talks to author Michael Moss about our changing grocery store behavior and how manufacturers are responding.                                     

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NJ-Based Toy Company Opening New Plant

August 15, 2014 9:50 am | by The Associated Press | News | Comments

Enor Corp. announced plans Thursday to make toys at a former golf-cart distribution facility in Winnsboro, creating 151 jobs.                                   

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GM To Build $174M Stamping Facility In Lansing

August 15, 2014 9:48 am | by The Associated Press | News | Comments

GM says the new facility will create or retain about 145 jobs at its Lansing Grand River Assembly Plant.                                          

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First Recipients Of The Walmart U.S. Manufacturing Innovation Fund Announced

August 15, 2014 9:44 am | by PRNewswire | News | Comments

Walmart, the Walmart Foundation and the U.S. Conference of Mayors (USCM), kicked off a new chapter in the modern American manufacturing story today as the global retailer announced the first grant recipients of the Walmart U.S. Manufacturing Innovation Fund's $10 million commitment at the 2nd U.S. Manufacturing Summit in Denver.

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Survey: One In Five Mfg. Businesses Have Lost IP To Security Breaches

August 15, 2014 9:40 am | by Kaspersky Lab | News | Comments

According to a survey of businesses IT managers worldwide, 21 percent of manufacturers suffered a loss of intellectual property (IP) within the past year.                           

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Report Shows Adoption Of M2M On The Rise

August 15, 2014 9:32 am | by Vodafone | News | Comments

The study finds that M2M adoption has increased by more than 80 percent globally in the last year and predicts that more than half of companies in the Americas will implement M2M by 2016.                  

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High Demand Means Rising Tech Prices

August 15, 2014 9:22 am | by IBISWorld | News | Comments

Despite the broader trend of falling computer and hardware prices, buyers are seeing four products buck the trend.                                       

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Briggs & Stratton Buying Maker Of Light Towers

August 14, 2014 1:15 pm | by The Associated Press | News | Comments

Engine maker Briggs & Stratton Corp. is acquiring a Nebraska company that makes towable light towers, industrial heaters and solar-powered arrow boards.                           

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Cisco To Lay Off Up To 6,000 Workers

August 14, 2014 1:10 pm | by The Associated Press | News | Comments

Cisco said Wednesday that it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a restructuring.                                     

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