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Mid Day Report

Daily news and top headlines for IT professionals

China: It's Up To U.S. To Drive Global Economy

July 9, 2014 12:53 pm | by Louise Watt, Associated Press | News | Comments

China's finance minister said Wednesday that the country is not planning any new stimulus measures and it is up to the United States to drive the global economy.                         


John Wayne Heirs Sue Over 'Duke' Bourbon

July 9, 2014 12:51 pm | by Michael Biesecker, Associated Press | News | Comments

John Wayne's heirs are dueling with Duke University over the family's right to market bottles of bourbon branded with the late movie star's nickname, Duke.                           


American Apparel To Receive Financing

July 9, 2014 12:46 pm | by Anne D'Innocenzio, AP Retail Writer | News | Comments

American Apparel Inc. has reached a preliminary deal with investment firm Standard General to receive a $25 million investment to bolster the clothing chain's finances, a person close to the negotiations said.           


Alfa Romeo Is Back With Style

July 9, 2014 12:35 pm | by CNNMoney | Videos | Comments

Truly a car lover's car, the Alfa Romeo 4C isn't right for everyone. But at the reasonable starting price of $54,000, it's an achievable Italian exotic.                            


Entrepreneur Boone Pickens On America's Oil Boom

July 9, 2014 12:17 pm | by CBS News | Videos | Comments

The U.S. now leads the world in oil and natural gas production, putting out 11 million barrels per day. With that new-found success, oil man and entrepreneur Boone Pickens is calling for a new national energy strategy.         


Corporate Marriages: How To Avoid Divorce

July 9, 2014 12:08 pm | by Carlos Ghosn, CEO, Renault-Nissan Alliance | Blogs | Comments

Renault-Nissan Alliance CEO Carlos Ghosn takes a look at why so many joint ventures, partnerships, alliances and mergers fail — especially in the auto industry.   


Purchase Order Management Must Go Way Beyond Simply Tracking Purchase Orders

July 9, 2014 12:01 pm | by Pat Garrehy | Articles | Comments

Successful manufacturers need to keep track of inventory from the moment it's ordered from the supplier to the moment it is delivered to their customer.                            


Court Considers Charges In 2010 BP Disaster Deaths

July 9, 2014 9:49 am | by Kevin McGill, Associated Press | News | Comments

Prosecutors tried Tuesday to persuade a federal appeals court to reinstate some of the manslaughter charges against two BP employees in a case arising from the deaths of 11 workers in the 2010 Deepwater Horizon rig explosion in the Gulf of Mexico.


Delphi Exec Called By Senate Panel Probing GM

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

The Senate panel investigating General Motors' ignition switch recall is calling on the CEO of the company that made the switches to testify at an upcoming hearing.                         


China, U.S. Differ On Plan To Cut Emissions

July 9, 2014 9:44 am | by Louise Watt, Associated Press | News | Comments

China and the United States took small steps toward their shared goal of fighting climate change on Wednesday, but the world's No. 1 and No. 2 carbon emitters remain significantly apart over a wider global plan to cut emissions.       


Settlement Reached In Remington Rifle Suit

July 9, 2014 9:41 am | by Jim Salter, Associated Press | News | Comments

One of the nation's leading gun manufacturers has reached a settlement in a nationwide lawsuit claiming a popular hunting rifle has a defective trigger mechanism that can cause injury and death.                


Birthplace Of GM Mulls Bankruptcy

July 9, 2014 9:37 am | by Jeff Karoub, Associated Press | News | Comments

Flint, which was the birthplace of General Motors and once had 200,000 residents, also has suffered a spectacular drop in population and factory jobs and a corresponding rise in property abandonment, much like its insolvent big brother an hour's drive south.


Site Of Grand Canyon Plane Crash Designated Historic

July 9, 2014 9:31 am | by Felicia Fonseca, Associated Press | News | Comments

The National Park Service created a national landmark Tuesday to commemorate a 1956 collision between two airliners over the Grand Canyon, a disaster that helped lead to major changes in aviation safety and creation of what is now the Federal Aviation Administration.


American Apparel Receives Default Notice

July 8, 2014 1:05 pm | by The Associated Press | News | Comments

American Apparel Inc. says it has received a notice from investment firm Lion Capital demanding payment of a $9.9 million loan, according to a regulatory filing Tuesday.                       


GM: Small Crossovers Are The New Utility Players

July 8, 2014 12:59 pm | by General Motors | News | Comments

Sales of small SUVs have evolved along with consumers’ changing driving, spending and lifestyle habits. They’ve gone from being “second” vehicles in a household to replacing older vehicles.                 


Report: Global Demographics Play Emerging Role For Manufacturers

July 8, 2014 12:53 pm | by The Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

The era of constrained labor supply is just beginning, and the decreasing share of populations that are in the working age cohort will keep human capital a front-burner issue for goods producers for decades, according to a new MAPI report.   


Walmart’s First-Ever 'Made In The USA' Open Call Is Underway

July 8, 2014 12:48 pm | by Walmart | News | Comments

For the first time ever, Walmart is opening its doors to more than 500 manufacturers today at its world headquarters during the company’s “Made in the USA” open call.                        


The BMW Plug-In With Sci-Fi Design

July 8, 2014 12:31 pm | by CNNMoney | Videos | Comments

With electric-boosted power, the BMW i8 offers stirring performance and ultra-sharp concept car looks.                                           


Using Google Glass To Steal Passwords

July 8, 2014 12:28 pm | by CNNMoney | Videos | Comments

Cyber forensics experts have developed a way to to steal passwords entered on a smartphone or tablet using Google Glass and other recording devices.                             


Fighting For American Jobs

July 8, 2014 12:21 pm | by Jon Minnick, Associate Editor | Blogs | Comments

With the U.S. steel market being flooded with imports of pipe from South Korea and other nations, state-side manufacturers are being forced to idle or shutdown factories, putting at risk nearly 600,000 American jobs related to the industry. With so much at stake, Americans are fighting back.



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