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Mid Day Report

Daily news and top headlines for IT professionals

First Drive In A $2M Supercar

October 23, 2014 1:35 pm | by CNNMoney | Videos | Comments

Peter Valdes-Dapena takes the $2 million Pagani Huayra for a spin on a racetrack to test if it's worth the ambitious price tag.                                   

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The Mark On Maker's Mark Bourbon

October 23, 2014 1:31 pm | by Bloomberg News | Videos | Comments

Maker's Mark COO Rob Samuels discusses the boom in the bourbon business.                                                   

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Eurozone Survey Rise Does Not Ease Recession Fears

October 23, 2014 1:26 pm | by Pan Pylas, Associated Press | News | Comments

A stronger than anticipated economic survey Thursday failed to inspire much optimism that the recovery in the 18-country eurozone and of France in particular would be anything but muted.                   

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Brazilian Companies Raise Chiquita Offer

October 23, 2014 1:20 pm | by The Associated Press | News | Comments

Brazilian companies Cutrale and Safra said they are again raising their bid for banana producer Chiquita, to $681 million — a day before Chiquita shareholders are expected to vote on a combination with Irish fruit importer Fyffes.     

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Tanks To Get Cloaking Capabilities From Specialized Plates

October 23, 2014 1:18 pm | by Reuters | Videos | Comments

Inspired by the way a chameleon changes its color to disguise itself, scientists in Poland want to replace traditional camouflage paint with thousands of electrochromic plates that will continuously change color to blend with its surroundings.  

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Made By China In America

October 23, 2014 1:08 pm | by We The Economy | Videos | Comments

Everyday workers, leaders and local community members in South Carolina provide a nuanced perspective on China’s investment in U.S. factories and its promising impact on the economy.                   

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Recall Madness Explodes With Defective Air Bags

October 23, 2014 1:00 pm | by Jon Minnick, Associate Editor | Blogs | Comments

While companies are being more open and honest about the flaws in their products, consumers could be left confused and indifferent to the process as they become inundated with reports — especially when it comes to dangerous air bags.     

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Bourbon Industry Makes Its Mark On Kentucky's Economy

October 23, 2014 9:52 am | by Bruce Schreiner, Associated Press | News | Comments

Kentucky's bourbon industry is making a bigger splash in the state's economy, nearly doubling its workforce in two years and leading a $3 billion distilling sector, a study said Tuesday.                   

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GM Profit Nearly Doubles

October 23, 2014 9:49 am | by Tom Krisher, AP Auto Writer | News | Comments

Big profits from rising SUV and truck sales in North America helped General Motors nearly double its third-quarter net profit and more than offset its struggles in Europe and South America.                 

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Mars Food Expands With $31M Investment

October 23, 2014 9:45 am | by The Associated Press | News | Comments

Mars Food, which makes Uncle Ben's Rice and other products at its Greenville plant, will invest $31 million to modernize operations and expand research at the plant.                         

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Nokia Turnaround Continues

October 23, 2014 9:43 am | by Matti Huuhtanen, Associated Press | News | Comments

Nokia appears to have turned around its fortunes after the sale of its ailing cellphone unit to Microsoft, reporting a third-quarter net profit of 747 million euros ($950 million), from a loss of 91 million euros a year earlier. Sales grew 13 percent.

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Caterpillar Beats Street Forecasts

October 23, 2014 9:39 am | by The Associated Press | News | Comments

Caterpillar's belt tightening paid off in the third quarter as the manufacturer easily beat Wall Street expectations and raised its outlook for the year.                           

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Weaving The Digital Thread Across Industrial Value Chains

October 23, 2014 9:19 am | by LNS Research | News | Comments

Across manufacturing industries today, pressures on cost, supplier networks complexity, regulatory requirements, and customer demands continue to grow, rendering the operational status quo ineffective.              

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Anheuser-Busch Sues Over Beer Distribution

October 22, 2014 1:00 pm | by The Associated Press | News | Comments

One of the largest beer brewers in the country is suing Kentucky to force the approval of a distributor's license.                                       

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Gas Mileage Inflated On 4 Mini Cooper Models

October 22, 2014 12:55 pm | by Tom Krisher, AP Auto Writer | News | Comments

The U.S. government has told BMW to reduce the gas mileage estimates on the window stickers on four of its Mini Cooper models after an audit found the figures were overstated.                     

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Liquor Company's American CEO Adapts To New Climate

October 22, 2014 12:40 pm | by CBS News | Videos | Comments

The Chinese drank 11 billion liters of Baijiu last year, making it the most consumed spirit by volume. After suffering a significant loss in revenue, Sichuan Swellfun CEO Jim Rice is hoping a new approach will reinvigorate the business.    

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IoT Aims To Smarten Your Life

October 22, 2014 12:32 pm | by The Associated Press | Videos | Comments

As more and more Bluetooth-enabled devices are reaching consumers, developers are busy connecting them together as part of the Internet of Things.                             

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Does America Deserve A Raise?

October 22, 2014 12:26 pm | by Maura Falk, Associate Editor, Industrial Maintenance & Plant Operations | Blogs | Comments

With an economy that is tentatively getting back on its feet, it only seems appropriate that minimum wage become a point of focus. Currently the federal minimum wage is $7.25 per hour, however, this may soon be a figure of the past.     

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Manufacturing eCommerce & The New Professional Online Consumer

October 22, 2014 12:13 pm | by Sean Cook | Articles | Comments

The need to address evolved, hyper-connected, self-service customers online, especially in the less prominent B2B and manufacturing landscape, is further driven by the fact that 34 percent of savvy consumers switched suppliers in order to make a purchase online, according to a B2B study. 

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Apple Issues Security Warning For iCloud

October 22, 2014 10:03 am | by Brandon Bailey, AP Technology Writer | News | Comments

Apple has posted a new security warning for users of its iCloud online storage service amid reports of a concerted effort to steal passwords and other data from people who use the popular service in China.             

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