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Mid Day Report

Daily news and top headlines for IT professionals

Apple CEO Could Top 2011 Pay List

January 10, 2012 9:18 am | by Ryan Nakashima, AP Business Writer | News | Comments

An Associated Press review of a securities filing shows Apple CEO Tim Cook's pay package was valued at $378 million.


Nissan Chief: Leaf Sales Will Double In 2012

January 10, 2012 9:15 am | News | Comments

Nissan Motor Co. Chief Executive Carlos Ghosn expects U.S. sales of the electric Nissan Leaf will double to at least 20,000 this year as the car goes on sale in more states.


Olympus Sues 19 Former And Current Execs

January 10, 2012 9:12 am | by Yuri Kageyama, AP Business Writer | News | Comments

Financially battered Olympus Corp. is suing 19 former and current executives for damages following a massive cover-up of investment losses.


Troubled Kodak Tries To Reinvent Itself

January 10, 2012 9:09 am | News | Comments

Kodak is seeking to simplify its structure and cut costs by reducing the number of its business segments from three to two.


Social Cues Simplify ERP

January 9, 2012 3:32 pm | by Jeff Reinke, Editorial Director, Manufacturing Business Technology | Blogs | Comments

 The infusion of a social manufacturing provision means ERP data and functionality is tailored to what the individual user needs and wants.


Report: Equipment Investment To Grow 9 Pct. In 2012

January 9, 2012 3:24 pm | by The Equipment Leasing & Finance Foundation | Articles | Comments

The macro outlook for 2012 is for a slow improvement, with more positive cyclical trends kicking in later in the year.


Analysts: Gadget Sales To Top $1 Trillion In 2012

January 9, 2012 3:16 pm | by Peter Svensson, AP Technology Writer | News | Comments

The estimate of 2012 global electronics sales, at $1.038 trillion, represents growth of 5 percent from last year.


Plane Maker Says Lost Contract Supports 1,400 Jobs

January 9, 2012 3:07 pm | by Roxana Hegeman, Associated Press | News | Comments

A dispute between two companies over a halted $354 million contract for an Air Force light air support plane spilled into the public arena Friday.


Four Execs Leaving In Major Reorganization At Sprint

January 9, 2012 3:04 pm | News | Comments

Four executives are leaving Sprint Nextel Corp. in a reorganization that will combine the sales and marketing functions for both its consumer and business units.


Feds Cancel $730M Loan For Michigan Steel Project

January 9, 2012 3:01 pm | News | Comments

The U.S. Energy Department won't follow through on a planned $730 million loan to the North American arm of one of Russia's largest steel companies to modernize its Detroit-area plant.

Daimler, Nissan Agree To Produce Mercedes Engines In U.S.

January 9, 2012 2:59 pm | News | Comments

Daimler AG and Nissan say they plan to produce Mercedes-Benz gasoline engines together at a Nissan plant in the United States.


Yahoo Lures New CEO With Massive $27M Pay Package

January 9, 2012 2:56 pm | News | Comments

Yahoo dangled a $27 million pay package to lure its newly hired CEO Scott Thompson away from PayPal.


A Burst Of Hiring Raises Employment Expectations

January 6, 2012 5:15 pm | by Associated Press | Videos | Comments

A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a much-needed boost.

In Memory Of Engineers

January 6, 2012 2:52 pm | by Joel Hans, Managing Editor, | Blogs | Comments

How do we remember the accomplishments of the incredible thinkers, engineers, and innovators? They're not necessarily famous or news-worthy people, and despite the enormous impact they have on how we currently live, they're forgotten for any number of reasons.

Game Time

January 6, 2012 2:40 pm | by Anna Wells, Executive Editor, Manufacturing Business Technology | Blogs | Comments

We’re so determined to change the game… why? Well, because the rules are slippery and it seems some of the players can roll the dice as many times as they want.


Ready For The Post-Incandescent Plant

January 6, 2012 2:28 pm | by Joel Hans, Managing Editor, | Blogs | Comments

It’s rare that government regulation can push a business toward an investment with a positive, quick ROI. The traditional incandescent has done its job well, and we should be thanking it as we push it faster toward obsolescence.


Police: Two Dead In Shooting At Georgia Food Plant

January 6, 2012 1:16 pm | News | Comments

An employee opened fire outside a northeastern Georgia food processing plant Thursday, fatally shooting his wife before killing himself, authorities said.

GM To Call Back 8,000 Chevy Volts

January 6, 2012 1:12 pm | by Tom Krisher and Dee-Ann Durbin, AP Auto Writers | News | Comments

General Motors is advising Volt owners to return their electric cars to dealers for repairs that will better protect the vehicles' batteries, which have caught fire after crash tests.


Report: Kodak May File For Bankrutpcy

January 6, 2012 1:08 pm | by Ben Dobbin, AP Business Writer | News | Comments

An uncomfortable suspicion that an icon of American business may have no future pushed investors to dump stock in Eastman Kodak Co. Wednesday.


Former Olympus CEO Throws In The Towel

January 6, 2012 1:05 pm | by Malcom Foster, Associated Press | Articles | Comments

The former Olympus Corp. CEO who blew the whistle on dubious spending at the Japanese camera and medical equipment maker said Friday he is giving up his fight to regain the presidency and plans to sue the company.



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