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Mid Day Report

Daily news and top headlines for IT professionals

Activist Investor Intensifies Fight Over DuPont's Future

January 9, 2015 10:20 am | by The Associated Press | News | Comments

A fight for control of DuPont Co. is intensifying after the hedge fund led by activist investor Nelson Peltz announced plans to nominate its own slate of four directors to the industry titan's board.               

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BMW Leads German Luxury Carmakers In Sales

January 9, 2015 10:16 am | by The Associated Press | News | Comments

Germany's luxury carmakers had a record year in 2014 thanks to expanding sales in the United States and China.                                        

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Coca-Cola Cutting Up To 1,800 Jobs

January 9, 2015 10:03 am | by The Associated Press | News | Comments

Coca-Cola says it will cut between 1,600 and 1,800 jobs in coming months to trim costs.                                               

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Nissan, NASA Partner On Autonomous Car Technology

January 9, 2015 9:58 am | by Yuri Kageyama, AP Business Writer | News | Comments

Japanese automaker Nissan and NASA are teaming up to advance the technology behind cars that drive autonomously.                                       

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New Fashion Suite Helps Companies Meet Omnichannel Demand

January 9, 2015 9:50 am | by attune Consulting | Product Releases | Comments

attune Consulting, a premier global solutions provider to the fashion and lifestyle industries, has introduced attune Fashion Suite, a set of pre-configured solutions that are deployable in the cloud or on premise.

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U.S. Unemployment Rate Falls

January 9, 2015 9:45 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The United States capped its best year for hiring in 15 years with a healthy gain in December, and the unemployment rate hit a six-year low.                               

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3D Printed Electronic Circuit Boards

January 8, 2015 1:06 pm | by USA TODAY | Videos | Comments

Helping his son with a school project led Michael Toutonghi to invent a 3D printing medium that conducts electricity and can print plastic circuit boards.                           

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Why Keystone XL Pipeline Remains A Top Agenda Item For GOP

January 8, 2015 1:00 pm | by Bloomberg Business | Videos | Comments

Bloomberg’s Joshua Green reports on the debate over the Keystone XL pipeline and where the fight stands today.                                        

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Major Investors Put Money Into Marijuana

January 8, 2015 12:51 pm | by Jon Minnick, Associate Editor | Videos | Comments

It appears that the marijuana business may be starting to come into its own with today’s announcement of a large venture capital firm buying into the pot industry.                         

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The Best And Worst Of CES 2015

January 8, 2015 12:32 pm | by Jon Minnick, Associate Editor | Videos | Comments

Here's a look at the best and worst products to come out of the 2015 Consumer Electronics Show going on this week in Las Vegas.                                   

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Obama Touts Auto Recovery, Yet AAM Says There's 'A Long Way To Go'

January 8, 2015 11:26 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology | News | Comments

Although President Obama touted the recovery of the nation's auto industry near Detroit yesterday, a national manufacturing group said the country still has "a long way to go."                     

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Noncompetition Agreements: Right Or Wrong?

January 8, 2015 11:19 am | by Maura Falk, Associate Editor, IMPO | Blogs | Comments

The Associated Press recently reported on the dangers of noncompetition agreements for workers. The article mainly focused on minimum wage employees working outside of the manufacturing sector, however, this is an issue that translates across industries. 

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AED To Congress: Responsible Policy Can Be Powerful Medicine

January 8, 2015 10:59 am | by AED | News | Comments

Associated Equipment Distributors (AED) President & CEO Brian P. McGuire have delivered a strong message to Capitol Hill urging swift, bipartisan action to spur economic growth and job creation in a letter outlining the association’s policy agenda for the 114th Congress.

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Online Tool Simplifies Design And Procurement Of Low-Voltage Enclosed Starters

January 8, 2015 10:46 am | by ABB | Product Releases | Comments

To facilitate selecting enclosed starter components that are compliant with regulations and pass ratings tests, ABB has developed an enclosed starter product configurator for low-voltage applications. 

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Industry 4.0: Turning The Vision Into Reality

January 8, 2015 10:32 am | by Mike Hannah | Articles | Comments

The future of automation is inextricably tied to the rise of Why IP. That reality has been recognized by leaders around the world, including those in private industry, academia and government, who have formed initiatives to accelerate the Internet of Things (IoT) revolution.

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Investment Group Buys Into Marijuana Business

January 8, 2015 10:18 am | by Jonathan Fahey, AP Business Writer | News | Comments

Founders Fund, the $2 billion San Francisco venture capital firm run by Silicon Valley stars including Peter Thiel, co-founder and former CEO of Paypal, is investing in Privateer Holdings, a marijuana company that owns several pot-related brands.

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Chattanooga Lawmakers Raise Questions Over VW Incentives

January 8, 2015 10:13 am | by The Associated Press | News | Comments

Some Republican lawmakers from a southeastern Tennessee county that's home to a Volkswagen plant are raising questions about a $300 million incentive package for the German automaker because of the United Auto Workers union's role at the facility.

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FCC Hints At Utility-Style Rules For Internet

January 8, 2015 10:07 am | by The Associated Press | News | Comments

FCC Chairman Tom Wheeler appears poised to propose new rules that would classify Internet service providers as public utilities in a move designed to ensure everyone has the same access to free content online.           

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Shrinking Foreign Oil Bill Sends Trade Deficit Lower

January 8, 2015 10:02 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The U.S. trade deficit fell in November to the lowest level in almost a year, thanks to the country's swiftly shrinking thirst for foreign oil.                               

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Applications Fall For Jobless Aid, Suggests Strong Hiring

January 8, 2015 9:53 am | by Josh Boak, AP Economics Writer | News | Comments

Fewer Americans applied for unemployment benefits last week, a sign that employers expect ongoing economic growth and the need to hold onto workers.                             

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