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Mid Day Report

Daily news and top headlines for IT professionals

PepsiCo Won't Split Snacks, Drinks Units

February 28, 2014 10:05 am | News | Comments

PepsiCo has rejected a call from activist investor Nelson Peltz to separate its global drinks division from its snack unit, which includes the Fritos, Lay's and Tostito's brands.                     


Investigators Say Flare Plant Blast Accidental

February 28, 2014 10:02 am | by The Associated Press | News | Comments

Federal investigators say a deadly explosion at a military flare plant in West Tennessee was an accident and not caused by a criminal act.                                


Economy Expands At 2.4 Percent Rate In 4Q

February 28, 2014 9:58 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The U.S. economy grew at a 2.4 percent annual rate in the October-December quarter, significantly slower than first thought, reflecting slower consumer spending than initially estimated.                   


Wyoming Is Worst State For CO2 Emissions Per Person

February 28, 2014 9:52 am | by Mead Gruver, Associated Press | News | Comments

Turns out the worst state for carbon dioxide emissions per person isn't smoggy California or bustling New York, but a place famous for its big, clear skies: Wyoming.                         


Hot Sauce Factory Topic Of Firey Meeting

February 27, 2014 2:46 pm | by The Associated Press | News | Comments

There could be fiery words Wednesday night as a Southern California city considers whether a hot sauce factory is a public nuisance because of its spicy emissions.                         


MAPI: Durable Goods Down, But Outlook Still Up

February 27, 2014 2:43 pm | by Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

The U.S. Census Bureau reports that durable goods orders fell 1 percent in January 2014. The decline in January follows a large 5.3 percent decline in December. While on the surface the report seems alarmingly negative, it is not.     


Drug Firms Argue Over $1.2B Arkansas Judgment

February 27, 2014 2:40 pm | by The Associated Press | News | Comments

A lawyer for two drug companies told the Arkansas Supreme Court that the state improperly relied on federal regulations in a lawsuit that resulted in a $1.2 billion award over the companies' marketing of an antipsychotics drug.       


NAM: Economic Growth Depends On Comprehensive Tax Reform

February 27, 2014 2:37 pm | by NAM | News | Comments

Manufacturers call release of comprehensive package a major step toward enacting reform.                                               


Boeing Developing A Self-Destructing Spy Phone

February 27, 2014 2:34 pm | by Joel Hans, Managing Editor, | News | Comments

The aerospace company is now developing an Android-based smartphone, codenamed “Black,” that will self-destruct if a third party attempts to break in and extract its secrets.                      


Understanding The Culture Of Lean Manufacturing

February 27, 2014 10:56 am | by ASME Future ME Career Development | Videos | Comments

Ken Oberholz, global director of manufacturing technology at Huntington Energy Services, joins Jose Lopez, senior design engineer at Mitsubishi Caterpillar Forklift, to discuss the importance of lean manufacturing.           


BlackBerry's Turnaround Strategy

February 27, 2014 10:34 am | by CNNMoney | Videos | Comments

BlackBerry CEO John Chen talks about the need for the struggling phone maker to keep enterprise customers.                                         


Made In The Northwest: Tipke Manufacturing

February 27, 2014 10:26 am | by KXYL | Videos | Comments

Tipke Manufacturing, based in Spokane, WA, does metal fabrication for companies like Boeing and Genie Industries. They have made a living on intermediate volume manufacturing, being more flexible for their customers.           


Beaming The Internet From Outer Space

February 27, 2014 10:22 am | by CNNMoney | Videos | Comments

A number of companies are trying to connect the world to the Internet by sending signals from high in the sky and even outer space.                                  


Sony To Close Some U.S. Stores In Restructuring

February 27, 2014 10:17 am | by The Associated Press | News | Comments

Sony Corp. says it is closing about two-thirds of its U.S. Sony Stores is part of a wide-ranging company restructuring it announced earlier this month.                             


Orders For U.S. Durable Goods Fell 1 Percent In Jan.

February 27, 2014 10:12 am | by Josh Boak, AP Economics Writer | News | Comments

American businesses ordered fewer durable manufactured goods in January, cutting demand for planes, autos and machines. But a key category that reflects business investment rebounded on the strength of demand for electronics and fabricated metals.


Rail Cars For Shipping Oil Deemed 'Unacceptable'

February 27, 2014 10:09 am | by Joan Lowy, Associated Press | News | Comments

Rail tank cars being used to ship crude oil from North Dakota's Bakken region are an "unacceptable public risk," and even cars voluntarily upgraded by the industry may not be sufficient, a member of the National Transportation Safety Board said Wednesday.


New Nutrition Labels Could Cost Companies $2B

February 27, 2014 10:07 am | by Mary Clare Jalonick, Associated Press | News | Comments

The new nutrition labels are likely several years away. The FDA will take comments on the proposal for 90 days, and a final rule could take another year. Once it's final, the agency has proposed giving industry two years to comply.     


Tesla's New Battery Factory Will Employ 6,500

February 27, 2014 9:55 am | by The Associated Press | News | Comments

Electric car maker Tesla Motors is considering sites in Nevada, Arizona, New Mexico and Texas for a massive battery factory that would employ around 6,500 people.                         


U.S. Safety Agency Likely Probing GM Recall Response

February 26, 2014 2:43 pm | by Tom Krisher, AP Auto Writer | News | Comments

The U.S. government's auto safety watchdog likely is looking into whether General Motors was slow to report problems that led to 13 deaths and a massive recall of small cars. The National Highway Traffic Safety Administration has the authority to fine the company at least $35 million for not being forthcoming with information.


MAPI: China’s Economic Reforms Offer Both Challenges And Opportunities

February 26, 2014 2:41 pm | by Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

Despite being comprehensive and ambitious, China’s new economic reform agenda is criticized for being vague and not overwhelmingly innovative. According to a new Manufacturers Alliance for Productivity and Innovation (MAPI) report, however, what is encouraging this time is that China’s leaders have demonstrated a stronger will to ensure successful implementation.



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