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Mid Day Report

Daily news and top headlines for IT professionals

Sony Forecasts Huge Loss As Smartphones Lag

September 17, 2014 10:07 am | by Elaine Kurtenbach, AP Business Writer | News | Comments

Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.                 

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HJ Heinz To Make Baby Food In Pittsburgh

September 17, 2014 10:03 am | by The Associated Press | News | Comments

The H.J. Heinz Co. will resume food production in Pittsburgh for the first time since 2002, when the ketchup giant sold its production plant to Del Monte Foods.                         

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AZ Plant Surveyed After Explosion

September 17, 2014 9:59 am | by The Associated Press | News | Comments

A crew from Nestlé Purina is assessing damage from a grain-dust explosion that injured four contract workers at the company's plant in Flagstaff, Arizona.                           

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GM To Add 750 Workers To Build Small Pickup Trucks

September 17, 2014 9:56 am | by Tom Krisher | News | Comments

Early demand is so high for General Motors' new small pickup trucks that the company is hiring more workers to build them even before one is sold to the public.                         

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Mars Chocolate Site Achieves Prestigious LEED Gold Certification

September 17, 2014 9:51 am | by The Associated Press | News | Comments

Mars Chocolate North America has announced that its new manufacturing facility in Topeka, Kan., has earned LEED Gold certification from the U.S. Green Building Council.                       

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Bosch ConnectedManufacturing Summit

September 16, 2014 3:21 pm | by Bosch | Events

This complimentary, half-day event features presentations by Bosch and Verizon about how the Internet of Things impacts the manufacturing industry and how manufacturers can improve their business performance leveraging the IoT. 

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Self-Driving Cars Now Require A Permit In California

September 16, 2014 1:21 pm | by Justin Pritchard, Associated Press | News | Comments

The California Department of Motor Vehicles has issued testing permits that allowed three companies to dispatch 29 vehicles onto freeways and into neighborhoods — with a human behind the wheel in case the onboard computers make a bad decision.

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U.S. CEOs Less Optimistic About Spending, Hiring

September 16, 2014 1:15 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter.                            

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MAPI Quarterly U.S. Industrial Outlook: Broad-Based Growth

September 16, 2014 1:10 pm | by The MAPI Foundation | News | Comments

U.S. manufacturing is poised for steady growth through 2016, according to the MAPI Foundation’s U.S. Industrial Outlook, a quarterly report that analyzes 27 major industries.                     

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The World's First 3D Printed Car

September 16, 2014 1:02 pm | by WGN/CNN | Videos | Comments

"Strati," the Italian word for "layers," is the name of the first 3D printed electric car, made in Chicago.                                         

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Tim Cook: Apple's Business Is About Changing The World

September 16, 2014 12:49 pm | by Bloomberg News | Videos | Comments

Apple CEO Tim Cook discusses Apple's objectives to change the world and the privacy of personal data.                                           

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Coca-Cola Gives Surge Soda Another Chance

September 16, 2014 12:43 pm | by CNNMoney | Videos | Comments

Introduced in the early '90s, Surge soda was going to be the "Mountain Dew Killer," but after poor sales, Coke pulled the product. Now, fans of the caffeinated drink have won it a second act.                 

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Identity Management With Enterprise Service Bus Is Idealistic, But Not Reality

September 16, 2014 12:35 pm | by Dean Wiech | Articles | Comments

Identity management with the ESB is an utopian ideal. In architectural terms it is impressive, but it is not yet achievable in practice.                                 

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Court Rules In Favor Of Direct Sales For Tesla Motors

September 16, 2014 9:56 am | by The Associated Press | News | Comments

The highest court in Massachusetts has thrown out a lawsuit aimed at blocking Tesla Motors from selling its electric cars directly to consumers.                               

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U.S. Producer Prices Unchanged In August

September 16, 2014 9:52 am | by Christopher Rugaber, AP Economics Writer | News | Comments

A measure of prices that producers receive for their goods and services was unchanged in August, the latest sign that inflation is in check.                               

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Allergan Agrees To Move Forward With Meeting

September 16, 2014 9:46 am | by The Associated Press | News | Comments

Allergan and Pershing Square have agreed on at least one step toward settling a fight over the makeup of the Botox-maker's board.                                   

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Eurozone Economic Growth Forecast Cut

September 16, 2014 9:43 am | by The Associated Press | News | Comments

A major international organization has cut its growth forecast for the countries that use the euro and says the troubled currency union needs even more stimulus from the central bank and governments.               

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Stratasys To Acquire GrabCAD

September 16, 2014 9:39 am | by Business Wire | News | Comments

Stratasys Ltd., a leading global provider of 3D printing and additive manufacturing solutions, has announced that it has entered into a definitive agreement to acquire privately-held GrabCAD, Inc. in an all-cash transaction.       

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Hundreds Of Workers On Strike At Lear Plant

September 16, 2014 9:32 am | by Charles D. Wilson, Associated Press | News | Comments

Hundreds of workers protesting what some are calling "fast-food-like" wages walked off the job Saturday at a Lear Corp. plant in northwest Indiana that makes automotive seats, beginning a strike that could affect a major Ford assembly plant in Chicago.

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Survey: Decisive New Technology Adoption Leads To Competitive Advantage

September 16, 2014 9:22 am | by Clare Ward | News | Comments

According to a Verizon sponsored Harvard Business Review analytic services survey, 57 percent of respondents believe IT drives business growth and innovation.                           

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