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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.                         

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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.                           

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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.           

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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.                            

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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.         

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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.   

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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.                            

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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.

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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.                         

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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.       

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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.                

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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.

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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.

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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.                       

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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.                 

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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.   

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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.                        

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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.                                           

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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.                             

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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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