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Mid Day Report

Daily news and top headlines for IT professionals

Otsuka To Buy U.S. Drugmaker Avanir

December 2, 2014 9:50 am | by The Associated Press | News | Comments

Otsuka Pharmaceutical will spend $3.5 billion in cash to buy Avanir Pharmaceuticals in a deal that expands the Japanese drugmaker's portfolio of neurologic disease treatments.                     

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Regulators Investigating Child Car Seat Recall

December 2, 2014 9:48 am | by The Associated Press | News | Comments

The National Highway Traffic Safety Administration said Monday that it is investigating whether Graco took too long to report a safety defect in its child car seats.                         

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GM Recalling Vehicles To Fix Headlights

December 2, 2014 9:45 am | by The Associated Press | News | Comments

General Motors is recalling 316,357 vehicles in North America because their headlights can stop working.                                         

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FBI Looking Into Hack Of Sony Computers

December 2, 2014 9:43 am | by Brandon Bailey, AP Technology Writer | News | Comments

The FBI has confirmed it is investigating a recent hacking attack at Sony Pictures Entertainment, which caused major internal computer problems at the film studio last week.                      

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Pfizer Closes Vaccines Purchase Deal With Baxter

December 1, 2014 1:15 pm | by The Associated Press | News | Comments

Pfizer has completed its $635 million purchase from Baxter International Inc. of two vaccines and part of the factory in Orth, Austria, where they're made.                           

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Death Toll From GM Ignition Switches Rises To 36

December 1, 2014 1:09 pm | by The Associated Press | News | Comments

At least 36 people have died and 44 have been seriously injured in crashes involving General Motors cars with defective ignition switches.                                

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A Super Jumbo A380 Gutted In Two Minutes

December 1, 2014 1:02 pm | by Bloomberg News | Videos | Comments

Emirates performs a heavy maintenance check on the world's largest passenger plane, the A380. The process took 55 days to complete. Here it is in under two minutes.                         

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Chicagoland's Three Floyds Brewery

December 1, 2014 12:56 pm | by USA TODAY | Videos | Comments

Nick Floyd is largely credited as being the man who ignited a Chicagoland area craft beer renaissance. His brewery, which he started in 1996, is growing 30 to 40 percent annually and output is expected to hit 40,000 barrels this year.     

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Revolutionary Gadgets Or Just Plain Weird?

December 1, 2014 12:49 pm | by USA TODAY | Videos | Comments

Tech contributor Jennifer Jolly shows off some quirky new tech gadgets. But are they revolutionary or just plain weird?                                     

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Now Is The Time For Manufacturers To Fast-Track Equipment Acquisition

December 1, 2014 12:39 pm | by Peter K. Bullen | Articles | Comments

Whether a manufacturer’s objective is to optimize tax savings or enhance cash flow — or both — an in-depth analysis of equipment is necessary. Assessing current and future asset needs in the form of a lease vs. buy analysis will help determine whether a lease or loan is the best alternative.

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Feds: Mercedes Violated Labor Law At Alabama Plant

December 1, 2014 11:41 am | by Erik Schelzig, Associated Press | News | Comments

The National Labor Relations Board has upheld a ruling that Mercedes violated federal labor laws by stopping United Auto Workers union supporters from handing out literature inside its Alabama plant.               

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U.S. Appeals WTO Ruling Against National Meat Labels

December 1, 2014 10:27 am | by The Associated Press | News | Comments

The United States is appealing a World Trade Organization decision that would make it harder for U.S. consumers to know where meat in the grocery store came from.                         

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Black Friday Sales Fall As Sales Start Earlier

December 1, 2014 10:24 am | by The Associated Press | News | Comments

U.S. shoppers spent $9.1 billion at stores on Black Friday, according to data out Saturday from research firm ShopperTrak. That's a drop of 7 percent compared with the same day last year.                  

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Amazon's New Robot Army Is Ready To Ship

December 1, 2014 10:20 am | by Brandon Bailey, AP Technology Writer | News | Comments

The e-commerce giant boasts that it has boosted efficiency — and given workers' legs a break — by deploying more than 15,000 wheeled robots to crisscross the floors of its biggest warehouses and deliver stacks of toys, books and other products to employees.

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Intel Buys Password Manager PasswordBox

December 1, 2014 10:16 am | by The Associated Press | News | Comments

Intel Corp. said Monday that it bought PasswordBox, a service that saves and remembers passwords so that users can log into different websites without having to remember or type in their passwords.               

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Samsung Keeps Mobile Chief Despite Profit Plunge

December 1, 2014 10:09 am | by Youkyung Lee, AP Technology Writer | News | Comments

Samsung retained the chief of its mobile business in an annual executive reshuffle announced Monday despite a steep decline in mobile profit.                               

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Oil Plunge Is Threat And Boon To Global Economies

December 1, 2014 10:00 am | by The Associated Press | News | Comments

A renewed plunge in oil prices is a worrying sign of weakness in the global economy that could shake governments dependent on oil revenues. Yet it is also a bonus for consumers as prices fall at the pump, giving individuals more spending money and lowering costs for many businesses.

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Toyota, Tire Maker Toyo Issue Safety Recalls

December 1, 2014 9:55 am | by The Associated Press | News | Comments

Toyota is recalling about 30,000 Sienna Minivans worldwide, saying the 2015 models' overhead assist grips can detach when an air bag deploys.                               

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MIT Engineers Have High Hopes For Cheetah Robot

December 1, 2014 9:52 am | by Rodrique Ngowi, Associated Press | News | Comments

It's a robot unlike any other: inspired by the world's fastest land animal, controlled by video game technology and packing nifty sensors — including one used to maneuver drones, satellites and ballistic missiles.           

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Germany To Require 30 Percent Women On Company Boards

November 26, 2014 10:39 am | by The Associated Press | News | Comments

Companies that fail to recruit enough women will be barred from giving vacant seats to men. Norway, Spain, Iceland and France already have similar quota requirements.              

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