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Mid Day Report

Daily news and top headlines for IT professionals

U.S. Gains Strong 257K Jobs, Pay Jumps

February 6, 2015 9:56 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. employers added a vigorous 257,000 jobs in January, and wages jumped by the most in six years — evidence that the job market is accelerating closer to full health.                       

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DuPont Names 2 New Directors As It Faces Proxy Fight

February 6, 2015 9:50 am | by Randall Chase, AP Business Writer | News | Comments

The DuPont Co. has named two new independent directors with experience in corporate turnarounds as it faces a proxy fight and breakup calls from activist investor Nelson Peltz.                     

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Harris Buying Defense Contractor Exelis

February 6, 2015 9:36 am | by The Associated Press | News | Comments

Communications and information technology company Harris is buying Exelis in a cash-and-stock deal valued at about $4.4 billion.                                   

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FCC’s Net Neutrality Proposal Keeps Internet Open For Businesses

February 5, 2015 1:00 pm | by Jon Minnick, Associate Editor | Blogs | Comments

Later this month, the Federal Communications Commission (FCC) will vote on a proposal to reclassify the Internet as a utility and critical to the functioning of the nation, in turn, maintaining “net neutrality.” So what does that all mean?   

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3 Easy Steps To Protect Companies From Cyberattacks

February 5, 2015 11:50 am | by Bloomberg Business | Videos | Comments

James Fox, head of cyber defense services at KPMG, and Craig Richardson, CEO at Wynyard Group, discuss the ways companies can prepare for and protect themselves from cyberattacks.                     

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$100 Oil Could Be At Least 3-5 Years Away

February 5, 2015 11:41 am | by Bloomberg Business | Videos | Comments

Institute of International Finance's George Abed and Bloomberg Intelligence's Carl Riccadonna discuss the outlook for oil prices and production.                               

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When Operational Performance And Financial Performance Measurement Collide

February 5, 2015 11:30 am | by Jack Moran | Articles | Comments

While there’s no one-size-fits all approach to costing, manufacturers should take a close look at their current method to ensure it generates data that enables management to drive the business forward.              

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Report: High Trade Deficit With Japan Killing Jobs In Every State

February 5, 2015 11:17 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology | News | Comments

A new report says every state saw job losses due to a growing U.S. trade deficit with Japan, and warns Congress should not approve a proposed trade agreement without protections against Japanese currency manipulation.         

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West Coast Port Employers: Shutdown Could Be Days Away

February 5, 2015 10:02 am | by Justin Pritchard, Associated Press | News | Comments

West Coast seaports could shut down in as soon as five days — hobbling U.S. trade with Asia — if dockworkers and their employers cannot reach a new contract, the head of a maritime association warned Wednesday in remarks intended to pressure an agreement after nine months of negotiations.

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U.S. Productivity Falls In 4th Quarter

February 5, 2015 9:58 am | by Martin Crutsinger, AP Economics Writer | News | Comments

U.S. worker productivity went into reverse in the final three months of the year, while labor costs increased.                                        

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Harley-Davidson Names New CEO

February 5, 2015 9:55 am | by The Associated Press | News | Comments

Motorcycle maker Harley-Davidson Inc. says Matt Levatich will become the company's president and CEO on May 1.                                        

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Samsung Launches Tizen-Powered TVs In Home Market

February 5, 2015 9:49 am | by Youkyung Lee, AP Technology Writer | News | Comments

South Korean electronics giant Samsung Electronics Co. has started domestic sales of high-end televisions powered by its Tizen operating system and plans to add washing machines, fridges and other appliances to the range of products that use the software.

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No Fast Or Slow Lanes For Internet? New Rules Proposed

February 5, 2015 9:45 am | by Anne Flaherty, Associated Press | News | Comments

Declaring the Internet critical for the nation, a top U.S. regulator on Wednesday proposed an unprecedented expansion of federal power to ensure providers don't block or slow web traffic for America's countless users.         

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Are Families Accepting GM's Compensation Offers?

February 4, 2015 12:07 pm | by CBS News | Videos | Comments

This weekend was General Motors' deadline to submit claims for compensation from auto-related deaths and injuries. Ken Feinberg, the man in charge of the compensation fund, discusses how families reacted to the offers extended by GM.     

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This Is Not Your Grandpa's Buick

February 4, 2015 12:02 pm | by CNNMoney | Videos | Comments

The official car of elastic waistbands and white sneakers is attempting to be cool again. Buick unveiled two new cars at the Detroit Auto Show and they're helping to redesign the brand.                   

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The Challenges Of Defining 'Dangerous'

February 4, 2015 11:58 am | by Adam Gittler | Articles | Comments

In 2008, General Motors conducted internal training for its engineers on how to document product risks, including bans of the words ‘defect’ and ‘problem’. Well-intended or a shameful legal dodge, the training skirted around the problem instead of attacking it head-on. 

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White House Budget Would Fund Additional Manufacturing Hubs

February 4, 2015 11:35 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology | News | Comments

The Obama administration's budget proposal unveiled this week calls for seven new national manufacturing innovation hubs, along with funding to build toward a national network of 45 such sites.                 

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Health, Industry Groups Spar Over Ozone Rule

February 4, 2015 11:24 am | by Andrew Szal, Digital Editor, Manufacturing Business Technology | News | Comments

Health advocates and environmental groups are urging federal officials to adopt stricter limits on ozone, while an industry group argued taking that step would needlessly hamper manufacturing.                 

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Ford To Transition Up To 500 Workers To Higher Pay

February 4, 2015 10:33 am | by Dee-Ann Durbin, AP Auto Writer | News | Comments

Ford Motor Co. is moving several hundred U.S. hourly workers into a higher pay bracket after surpassing a cap on the number of lower-wage workers it can hire.                           

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JM Smucker Buying Big Heart Pet Brands

February 4, 2015 10:29 am | by Sarah Skidmore Sell, AP Business Writer | News | Comments

J. M. Smucker Co. wants to feed the entire family — including the pets.                                                   

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