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Mid Day Report

Daily news and top headlines for IT professionals

China Expected To Declare Qualcomm A Monopoly

July 25, 2014 9:53 am | by Joe McDonald, AP Business Writer | News | Comments

Chinese regulators have concluded Qualcomm Inc., one of the biggest makers of chips used in mobile devices, has a monopoly, a government newspaper reported Friday.                         

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FDA Reviewing What Might Become First Biosimilar Drug

July 25, 2014 9:51 am | by The Associated Press | News | Comments

The Food and Drug Administration is reviewing research data on what could become the first U.S.-approved "biosimilar" drug, a cheaper, sort-of generic version of a biologic drug.                     

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NHTSA Probes Hyundai Sonata Air Bag Problem

July 25, 2014 9:48 am | by The Associated Press | News | Comments

U.S. safety regulators are investigating whether an electrical problem can knock out the air bags on some older Hyundai Sonatas.                                   

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Ga. Investigated Complaint Against MFG Chemical Plant

July 25, 2014 9:45 am | by The Associated Press | News | Comments

Environmental regulators investigated an anonymous report alleging MFG Chemical Inc. in Dalton was illegally discarding waste five months before an accident injured a worker, government records show.               

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Bombardier To Cut 1,800 Jobs

July 25, 2014 9:43 am | by The Associated Press | News | Comments

Airplane maker Bombardier Inc. is cutting 1,800 jobs across facilities worldwide as it restructures operations.                                       

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Court Tosses Chiquita Terror Payment Claims

July 25, 2014 9:40 am | by The Associated Press | News | Comments

A divided federal appeals court on Thursday threw out claims against produce giant Chiquita Brands International made by relatives of thousands of Colombians killed during years of bloody civil war.               

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GM Issues 6 More Recalls

July 24, 2014 1:24 pm | by The Associated Press | News | Comments

General Motors issued six more recalls on Wednesday, bringing its annual total to 60 recalls covering almost 30 million vehicles.                                   

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Ford 2Q Net Income Rises To $1.3B

July 24, 2014 1:16 pm | by Dee-Ann Durbin, AP Auto Writer | News | Comments

Ford Motor Co. beat Wall Street's expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years.                     

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28 Years Of Windows In 60 Seconds

July 24, 2014 1:12 pm | by CNNMoney | Videos | Comments

A look back at Microsoft's Windows operating system from 1985 to today.                                                   

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Steiger Tractor Manufacturing

July 24, 2014 1:09 pm | by CaseIHTube | Videos | Comments

World class tractors from a world class facility. See how Case IH Steiger Tractors are manufactured in the Fargo, North Dakota plant.                                 

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Adopting Additive Manufacturing In The Production Process

July 24, 2014 1:05 pm | by Stratasys | Videos | Comments

Manufacturers like Rutland Plastics in the UK are adopting additive manufacturing to produce custom jigs and fixtures in a fraction of the time and cost required by conventional tooling methods.                

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Birkenstock CEO On The Sandals' Resurgence

July 24, 2014 12:59 pm | by CBS News | Videos | Comments

This summer's fashion "must have" isn't so new at all. Birkenstocks are back and bigger than ever. Birkenstock USA managing director and CEO David Kahan discusses the revival of the classic footwear.               

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China’s Meat Scandal And Food Fails

July 24, 2014 12:48 pm | by Jon Minnick, Associate Editor | Blogs | Comments

This week a Shanghai television station reported that U.S.-owned meat supplier, Husi Food Co., sold expired beef and chicken to McDonald’s and KFC. As the story continues to unfold, it appears more companies have been affected and are breaking ties with Husi. But one company is vowing to stand by them.

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Reid: Taxpayers Shouldn't Bankroll Companies That Outsource Jobs

July 24, 2014 9:46 am | by The Associated Press | News | Comments

The Senate voted Wednesday to advance an election-year bill limiting tax breaks for U.S. companies that move operations overseas. But big hurdles remain.                           

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Nokia Profits Rise After Handset Division Sale

July 24, 2014 9:43 am | by Jari Tanner, Associated Press | News | Comments

Telecommunications and wireless equipment maker Nokia Corp. saw its shares surge on Thursday after it reported higher profits and an improved earnings outlook in the wake of its sale to Microsoft of its troubled handset division.      

Texas Firm Recalls Compounded Drugs

July 24, 2014 9:39 am | by The Associated Press | News | Comments

The Food and Drug Administration warned doctors Wednesday not to use compounded drugs from a Texas specialty pharmacy due to potential risks of contamination.                           

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Report: Female Business Owners Face Gender Gap

July 24, 2014 9:36 am | by Joyce M. Rosenberg, AP Business Writer | News | Comments

Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday.                       

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GM 2Q Profit Falls 85 Percent

July 24, 2014 9:33 am | by The Associated Press | News | Comments

General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.                                       

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Texas Governor's Startup Fund Not All It Seems

July 24, 2014 9:31 am | by Paul J. Weber, Associated Press | News | Comments

Texas Gov. Rick Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the state. But a closer look at the Texas Emerging Technology Fund reveals that some of the businesses that received money are not all they seem.

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Safety Rules Proposed To Curb Oil Train Fires

July 23, 2014 1:32 pm | by The Associated Press | News | Comments

Thousands of older rail tank cars that carry crude oil would be phased out within two years under regulations proposed Wednesday in response to a series of fiery train crashes over the past year.               

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