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Mid Day Report

Daily news and top headlines for IT professionals

Jell-O Can't Stop Slippery Slide

August 22, 2014 9:45 am | by Candace Choi, AP Food Industry Writer | News | Comments

Executives at Kraft Foods, which owns Jell-O, say they're confident they can revitalize the brand. But their efforts so far have been a disappointment.                             

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Gauge Of U.S. Economy Rises 0.9 Pct. In July

August 22, 2014 9:42 am | by Martin Crutsinger, AP Economics Writer | News | Comments

A gauge designed to predict the economy's future health posted the sharpest advance in four months in July, indicating the economy is gaining traction headed into the last half of the year.                 

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Ford Recalling More Than 160K Vehicles

August 22, 2014 9:40 am | by The Associated Press | News | Comments

Ford is recalling more than 160,000 vehicles in North America for two safety issues.                                               

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Honda Recalls Fit To Boost Crash Resistance

August 21, 2014 1:15 pm | by Tom Krisher, AP Auto Writer | News | Comments

Honda is recalling 12,000 Fit subcompacts to replace the steel front bumper beams so the cars are more crash-resistant.                                     

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Alberta Court Fines Cargill $80K For Environmental Law Breach

August 21, 2014 1:13 pm | by The Canadian Press | News | Comments

An Alberta court has fined the company that owns the largest beef processing plant in Canada $80,000 for breaking an environmental law.                                 

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Hostess Closing Bakery That Created The Twinkie

August 21, 2014 1:10 pm | by The Associated Press | News | Comments

Hostess Brands plans to close the suburban Chicago bakery where the Twinkie was invented in 1930, cutting 400 jobs and shuttering a piece of American baking history.                         

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The Alfa Romeo 4C Heads To The U.S.

August 21, 2014 1:04 pm | by USA TODAY | Videos | Comments

It's been 19 years since an Alfa Romeo has been marketed in the United States. Now that the Alfa Romeo 4C is state-side, Chris Woodyard gives it a drive.                           

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Pabst To Resurrect Ballantine IPA

August 21, 2014 12:57 pm | by CNNMoney | Videos | Comments

After the renaissance of 'PBR', Pabst Brewing Company is reviving Ballantine's India Pale Ale, which was first brewed in 1878.                                   

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An $800,000 Watch That Tells Near-Perfect Time

August 21, 2014 12:51 pm | by CNNMoney | Videos | Comments

Greubel Forsey, a Swiss watchmaking startup, is pushing the boundaries of precision. For $800,000, you can buy a mechanical watch that tells near-perfect time.                          

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3 Cylinder Cars Make A Comeback

August 21, 2014 12:45 pm | by CNET | Videos | Comments

Three-cylinder cars didn't have the best reputation in the 80s and 90s, but now they're making a comeback. Here's a look at the Top 5 three-cylinder engines.                           

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Regulation Uncertainty Kills A Product Line

August 21, 2014 12:05 pm | by Jon Minnick, Associate Editor | Blogs | Comments

It appears that the threat of new Food and Drug Administration (FDA) regulations in the cheese industry hasn’t gotten old and moldy just yet, causing cheesemakers to pull popular product lines.                 

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California Drought Stings Bees, Honey Supplies

August 21, 2014 10:14 am | by Terence Chea, Associated Press | News | Comments

California's record drought hasn't been sweet to honeybees, and it's creating a sticky situation for beekeepers and honey buyers.                                   

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Report Compares Food Traceability Regulations Of 21 Countries

August 21, 2014 9:53 am | by Institute of Food Technologists | News | Comments

A new report evaluates the traceability regulations and requirements of 21 countries, including the U.S., Canada and the EU among others.                                 

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UPS Says Retail Stores Breached By Malware

August 21, 2014 9:46 am | by David Koenig, AP Business Writer | News | Comments

Some customers of The UPS Store may have had their credit and debit card information exposed by a computer virus found on systems at 51 stores in 24 states.                           

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Survey Indicates Eurozone Growing Slowly

August 21, 2014 9:36 am | by The Associated Press | News | Comments

A survey of business activity shows the economy of the 18-country eurozone grew at only a slow pace in August, a sign it remains sluggish after a disappointing second quarter in which it did not expand at all.           

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Applications For U.S. Unemployment Aid Fall

August 21, 2014 9:32 am | by Paul Wiseman, AP Economics Writer | News | Comments

Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving.                                         

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Chip Maker Infineon To Buy California Firm For $3B

August 20, 2014 1:29 pm | by The Associated Press | News | Comments

German chip maker Infineon Technologies AG says it has agreed to pay $3 billion in cash for California-based International Rectifier, which produces power-management components used in everything from cars to satellites.         

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Fortune Brands To Sell Window Business

August 20, 2014 1:23 pm | by The Associated Press | News | Comments

Fortune Brands Home & Security Inc. said Wednesday that it has agreed to sell its Simonton Windows business to building products maker Ply Gem Holdings Inc. for about $130 million.                   

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Apple Bounces Back To Hit A New High

August 20, 2014 1:20 pm | by Michael Liedtke, AP Technology Writer | News | Comments

Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs.             

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12 Japanese Firms Fined In Auto Price Probe

August 20, 2014 1:16 pm | by Joe McDonald, AP Business Writer | News | Comments

China announced Wednesday it will fine 12 Japanese auto parts suppliers a total of $202 million for colluding to raise prices in an unfolding anti-monopoly probe of the country's auto industry.                 

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