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Mid Day Report

Daily news and top headlines for IT professionals

Is Burger King's 33 Year-Old CEO Paving The Way For Younger Execs?

August 26, 2014 12:40 pm | by Jon Minnick, Associate Editor | Blogs | Comments

It used to be that when it comes to effectively running a company, years of experience generally trumps all else. But as younger Millennials edge into corporate leadership, does that experience matter anymore?           

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Feds Seek Comments On 'Modified Risk' Tobacco

August 26, 2014 9:58 am | by Michael Felbercaum, AP Tobacco Writer | News | Comments

Federal regulators are seeking public comment on smokeless tobacco maker Swedish Match's request to certify its General-branded pouches of tobacco as less harmful than cigarettes.                     

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U.S. Probes Ford Explorer Police Vehicles

August 26, 2014 9:47 am | by The Associated Press | News | Comments

U.S. safety regulators are investigating a complaint that front brake hoses can fail on some Ford Explorer Police Interceptor SUVs.                                  

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U.S. Durable Goods Orders At A Record High

August 26, 2014 9:41 am | by The Associated Press | News | Comments

Business orders for long-lasting manufactured goods shot up by the largest amount on record in July but much of the strength came from a huge surge in demand for commercial aircraft. Outside of transportation, orders actually fell.     

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Guilty Plea In California Meat-Recall Case

August 26, 2014 9:37 am | by The Associated Press | News | Comments

The co-owner of a Northern California slaughterhouse accused of processing cows with cancer while U.S. livestock inspectors took lunch breaks has pleaded guilty to a federal criminal charge.                 

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Semiconductor Company Cutting 1,350 Jobs

August 26, 2014 9:34 am | by The Associated Press | News | Comments

Chip supplier Fairchild Semiconductor is eliminating about 1,350 jobs in the U.S. and Asia — about 15 percent of its total workforce — to reduce costs.                             

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Rocket Explodes During Test Flight

August 25, 2014 1:03 pm | by The Associated Press | News | Comments

An unmanned SpaceX rocket exploded shortly after launch on a test flight at the company's Central Texas development site.                                     

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Boeing Gets $8.8B Airplane Order

August 25, 2014 1:01 pm | by The Associated Press | News | Comments

Boeing said Monday that BOC Aviation, an aircraft leasing company based in Singapore, is ordering 82 airplanes for a total of $8.8 billion.                               

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California Winemakers Cleaning Up After Quake

August 25, 2014 12:21 pm | by Ken Sweet and Ellen Knickmeyer, Associated Press | News | Comments

Winemakers in California's storied Napa Valley woke up to thousands of broken bottles and barrels as a result of Sunday's earthquake.                                 

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Supe Your Bimmer For $16K

August 25, 2014 12:15 pm | by CNNMoney | Videos | Comments

The making of the uber-BMW. Dinan engineers pimp out the performance of 'the ultimate driving machine' — the cars may be suped under the hood, but you won't see racing stripes or twirling rims on these understated rides.         

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Kentucky Peerless Distillery Joins The Bourbon Trend In Louisville

August 25, 2014 12:05 pm | by USA TODAY | Videos | Comments

Corky Taylor, with Kentucky Peerless Distillery Company, talks about the business.                                                

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Putting A Performance Management Paradigm Into Place

August 25, 2014 11:58 am | by Stew Baillie | Articles | Comments

Performance management is the systematic process by which an organization improves its effectiveness in the accomplishment of its goals and objectives. While those goals and objectives can vary, for all organizations the ultimate metric that matters is the bottom line.

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4 Factors Driving The Emergence Of Digital Manufacturing

August 25, 2014 11:43 am | by Maria Montenegro, Verizon Enterprise Solutions | Articles | Comments

With the continual rise of the Internet and mobile economies, manufacturers need to be able to make production decisions on the spot by leveraging the latest supply chain information at their fingertips.             

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Gov't Warns Retailers About Hacking Software

August 25, 2014 9:44 am | by Alicia A. Caldwell & Jeff Horwitz, Associated Press | News | Comments

More than 1,000 U.S. retailers could be infected with malicious software lurking in their cash register computers, allowing hackers to steal customer financial data, the Homeland Security Department said Friday.           

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Sony Network Hacked, Exec's Flight Diverted

August 25, 2014 9:36 am | by Yuri Kageyama, AP Business Writer | News | Comments

Sony's PlayStation Network service for video games was unusable from Sunday until Monday afternoon after being flooded by an online attack.                               

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Allergan Reviews Meeting Requests In Takeover Bid

August 25, 2014 9:31 am | by Linda A. Johnson, AP Business Writer | News | Comments

Botox maker Allergan Inc. is reviewing shareholder requests for a special meeting to consider replacing most of its board, a change fellow drugmaker Valeant Pharmaceuticals International Inc. is seeking as part of the hostile takeover attempt it's been waging since April.

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LG Bets On Pricey OLED Technology For TVs

August 25, 2014 9:25 am | by Youkyung Lee, AP Technology Writer | News | Comments

LG Electronics Inc. announced two new giant OLED TVs with ultra-high definition screens Monday, sticking with its strategy of using the exceptionally expensive OLED display technology.                   

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Feds In Hot Seat To Change Interest Rates As Economists' Views Clash

August 25, 2014 9:20 am | by Matthew Brown, Associated Press | News | Comments

The Federal Reserve's annual conference opened with Chair Janet Yellen suggesting that the U.S. economy, the world's biggest, still needs help in the form of ultra-low rates and that U.S. inflation has yet to become a problem.       

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Roche To Buy U.S. Biotech Firm InterMune For $8.3B

August 25, 2014 9:14 am | by The Associated Press | News | Comments

Swiss pharmaceutical company Roche said Sunday it has reached an $8.3 billion deal to buy InterMune Inc., a California-based developer of treatments for lung diseases.                       

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Keurig Strikes Deal With Kraft

August 22, 2014 11:45 am | by The Associated Press | News | Comments

Keurig Green Mountain says it struck a deal to make Kraft's branded coffees, such as Maxwell House and Gevalia, for its single-serve brewing systems in the U.S.                         

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