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Mid Day Report

Daily news and top headlines for IT professionals

Exxon Profit Surges, But Production Slips

July 31, 2014 3:01 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

Exxon Mobil's net income rose 28 percent in the second quarter on a sale of Asian assets and higher oil prices, but oil and gas production slipped a disappointing 6 percent.                       

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Study: 35 Percent In U.S. Facing Debt Collectors

July 31, 2014 2:54 pm | by Josh Boak, AP Economics Writer | News | Comments

More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.                       

Ethical Practices Take Back Seat To Price, Say Purchasers

July 31, 2014 2:51 pm | by Business Wire | News | Comments

Eighty percent of consumers believe it is important for companies and brands to behave ethically, however the most significant factors when shopping are price, value and quality.                     

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NC Weighs Offering Upfront Money For Promised Jobs

July 31, 2014 2:20 pm | by Dave Kolpack, Associated Press | News | Comments

After decades of trying to attract new industries with tax breaks, North Carolina lawmakers are considering whether to just offer selected corporations upfront taxpayer money if they will move to the state.             

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Target Names Pepsi's Cornell As Chairman, CEO

July 31, 2014 2:18 pm | by The Associated Press | News | Comments

Target is bringing in an outsider as its CEO for the first time as the retailer fights to redefine itself to American shoppers.                                    

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Boeing Will Handle Final Assembly Of 787-10 In SC

July 31, 2014 2:15 pm | by The Associated Press | News | Comments

Boeing said final assembly of its 787-10 plane, a planned larger version of its "Dreamliner" aircraft, will take place in South Carolina.                                 

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Panasonic, Tesla To Build Big U.S. Battery Plant

July 31, 2014 2:13 pm | by The Associated Press | News | Comments

The companies announced the deal Thursday, but they did not say where in the U.S. the so-called "gigafactory," or large-scale plant, will be built.                              

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Connecting Internet of Everything, One Line At A Time

July 30, 2014 4:52 pm | by Chet Namboodri & Patrick Gilbert | Articles | Comments

From connected energy to more efficient hospitals to smart cities, the Internet of Everything (IoE) is producing real, transformative results. Amongst industries, manufacturing has the most potential for growth and development by connecting the unconnected.

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Local 3D Printing Hubs Bring Manufacturing Back To U.S.

July 30, 2014 4:27 pm | by National Science Foundation | Videos | Comments

Imaginestics founder, Nainesh Rathod, demonstrates the potential impact of "Smart Shape Technology" on 3D printing and local manufacturing hubs.                               

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Electric Mini-Car Set To Take On Traffic

July 30, 2014 4:21 pm | by Reuters | Videos | Comments

Brazilian car maker Caio Strumiello is set to unveil a lightweight electric mini-car that can navigate through congestion in South America's largest city while powered by the sun.                     

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Hyundai Recalls 883K Sonatas

July 30, 2014 1:18 pm | by The Associated Press | News | Comments

Hyundai is recalling its popular Sonata midsize sedan to fix problems with the gear shift levers.                                           

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A More Vigorous U.S. Economy Is Emerging

July 30, 2014 1:12 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending.                   

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GM Sued By Lawyer Representing 658 Plaintiffs

July 30, 2014 1:04 pm | by The Associated Press | News | Comments

A Texas lawyer has filed a lawsuit against General Motors on behalf of 658 people who were injured or killed in crashes allegedly caused by faulty ignition switches.                         

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Microsoft Spreads Cortana Abroad

July 30, 2014 12:59 pm | by The Associated Press | News | Comments

Microsoft is spreading its Cortana digital assistant abroad, starting with China and the U.K.                                             

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Review: Sprint's LivePro

July 30, 2014 12:52 pm | by USA TODAY | Videos | Comments

Tech columnist Ed Baig checks out Sprint's new projector and all that it can do.                                                 

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Electric Cars Put To The (Crash) Test

July 30, 2014 12:46 pm | by CNNMoney | Videos | Comments

Take a look at which vehicles experience their toughest front-end crash test to date.                                               

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Cloud Applications, A Challenge For Both User And Access Control

July 30, 2014 12:40 pm | by Dean Wiech | Articles | Comments

For an IT department, working with cloud applications and their providers can present a number of new challenges. Where the IT department previously took a facilitating role, it is now transitioning to a coordinating role. In addition, it can be significantly more difficult to control user and access privileges in cloud applications.

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Appeals Court Upholds Meat Labels

July 30, 2014 9:42 am | by Mary Clare Jalonick, Associated Press | News | Comments

A federal appeals court on Tuesday upheld new government rules requiring labels on packaged steaks, ribs and other cuts of meat to say where the animals were born, raised and slaughtered.                  

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Consumer Confidence Jumps In July

July 30, 2014 9:39 am | by Martin Crutsinger, AP Economics Writer | News | Comments

U.S. consumers are more confident about the economy than they have been in nearly seven years.                                             

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Samsung Phone Shipments Falter

July 30, 2014 9:37 am | by Peter Svensson, AP Technology Writer | News | Comments

Samsung Electronics Co., the world's biggest maker of smartphones, saw its sales drop in the second quarter, a research firm said Tuesday.                                

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