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Mid Day Report

Daily news and top headlines for IT professionals

GM CEO Hopeful Politicians Will Prevent Recession

June 13, 2012 11:27 am | News | Comments

Dan Akerson says he's cautiously optimistic that U.S. political leaders will agree on a solid economic package.

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Verizon's New Wireless Plans By The Numbers

June 13, 2012 11:24 am | News | Comments

Existing customers can stick with their current plan or switch to one of the company's Share Everything plans on June 28.

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Bankrupt, Beleaguered Saab Bought By Asian Consortium

June 13, 2012 11:21 am | by Louise Nordstrom, Associated Press | News | Comments

In April, a summary of Saab's balance sheet showed the company has debts of $1.9 billion.

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Two International Innovators Share $1.5M Millennium Technology Prize

June 13, 2012 11:11 am | News | Comments

One was presented the prize for creating an open source operating system. The other was cited for his discovery of a new method to develop stem cells.

$25M Awarded To Steelworker In N.Y. Racial Lawsuit

June 13, 2012 11:07 am | News | Comments

A federal court jury has awarded the damages to the employee, who says his bosses failed to stop years of racial taunts and insults from his co-workers.

Ford To Invest $600M In Louisville Assembly Plant

June 13, 2012 11:05 am | by Bruce Schreiner, Associated Press | News | Comments

Louisville Mayor Greg Fischer calls it a "generational type of investment" by the automaker and a shot in the arm for the local economy.

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Plex Systems Highlighted At IFT12 Annual Meeting And Food Expo

June 12, 2012 4:56 pm | News | Comments

Plex Online was selected as one of the nine most innovative food safety solutions at the IFT Food Expo.

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Simplify Resource Planning, Get More Output

June 12, 2012 4:34 pm | by Alan Nicol, Executive Member, AlanNicolSolutions | Blogs | Comments

Overloaded resources create waiting; they don’t prevent it. Waiting is an incentive to work more efficiently, not a problem to be avoided.

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Fork Authority

June 12, 2012 4:24 pm | by Anna Wells, Executive Editor, Manufacturing Business Technology | Articles | Comments

There’s more to the forklift story these days, as functionality improves and dealers and aftermarket parts providers help guide users towards better safety and maintenance practices.

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Tech Demos Gone Awry

June 12, 2012 9:44 am | by CNN Money | Videos | Comments

Here is a look at a history of tech demos gone awry, from Apple's Wi-Fi problems to Airtime's failure to launch.

Coalition: Calif. Air Regulations Are Racial Discrimination

June 12, 2012 9:28 am | News | Comments

A coalition of environmental groups is alleging that California's Cap and Trade program violates the 1964 Civil Rights act.

New Mac OS Will Feature Social-Network Integration

June 12, 2012 9:24 am | News | Comments

The new software narrows the gap between the PC and phone software packages, making Mac personal computers work more like iPhones.

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Fed Reports How Much Recession Shrank U.S. Wealth

June 12, 2012 9:22 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The Great Recession shrank Americans' wealth so much that in 2010 median family net worth was no more than it had been in 1992 after adjusting for inflation.

U.N.: $257B Invested In Renewable Energy In 2011

June 12, 2012 9:19 am | by Frank Jordans, Associated Press | News | Comments

Global investment in renewable energy reached a record of $257 billion last year, with solar attracting more than half the total spending.

Airbus Eager To Poach Boeing's Wichita Workers

June 12, 2012 9:17 am | by Roxana Hegeman, Associated Press | News | Comments

Airbus said it expects his company to get some good employees from Boeing's closed defense plan.

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B&B Electronics Acquires IMC Networks

June 11, 2012 5:28 pm | News | Comments

B&B Electronics, a developer of wired and wireless connectivity technology, has expanded its portfolio to include the industry’s most comprehensive offerings of fiber access networking solutions through its acquisition of IMC Networks.

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Permira Funds To Acquire Intelligrated

June 11, 2012 4:10 pm | News | Comments

Intelligrated, a leading North American-based provider of automated material handling solutions, services and products, announced today that it has entered an agreement to be acquired by a holding company owned by the Permira funds in a transaction at a valuation in excess of $500 million.

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NHTSA Receives Complaints On Honda Pilot

June 11, 2012 9:38 am | News | Comments

The National Highway Traffic Safety Administration has received 35 complaints from consumers related to steering and brake problems with the 2005 Honda Pilot.

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Canadian Tech Town Feels Weight Of BlackBerry's Decline

June 11, 2012 9:35 am | by Rob Gillies, Associated Press | News | Comments

These are troubling times for Waterloo, Ontario, the town of 100,000 that was transformed by the BlackBerry into Canada's Silicon Valley.

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Plastics Company Nears Reopening Of C. Ind. Plant

June 11, 2012 9:34 am | News | Comments

Officials expect a plastic packaging manufacturer to start production this summer at a former central Indiana auto-parts factory that closed six years ago.

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