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Mid Day Report

Daily news and top headlines for IT professionals

GM Predicts Pretax Earnings, Profit Margin Rise In 2015

January 14, 2015 10:14 am | by Tom Krisher, AP Auto Writer | News | Comments

General Motors says it expects pretax earnings and profit margins to increase this year over last, after adjusting last year for recall costs.                               


Holiday Shopping Slump: U.S. Retail Sales Fell In December

January 14, 2015 10:11 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. retail sales stumbled last month in a sign consumers remained frugal even as gas prices declined and hiring picked up.                                     


Tesla's CEO Expects Company Profit In 2020

January 14, 2015 10:07 am | by Dee-Ann Durbin & Tom Krisher, AP Auto Writers | News | Comments

The head of electric car maker Tesla Motors says the company should turn a profit in five years after it brings a lower-cost car to market.                               


Government Predicts Shale Slowdown As Oil Falls

January 14, 2015 10:01 am | by Jonathan Fahey, AP Energy Writer | News | Comments

As oil's long slide continued, the Energy Department forecast Tuesday that production from U.S. shale operators will begin to tail off in the second half of the year.                        


Local Motors Brings 3D Printed Car To Detroit

January 14, 2015 9:56 am | by The Associated Press | News | Comments

A 3D printed car could be in your driveway sooner than you think.                                                     


Samsung Starts Sales Of Tizen Smartphone In India

January 14, 2015 9:50 am | by Youkyung Lee, AP Technology Writer | News | Comments

Samsung Electronics Co. started selling a $90 smartphone in India on Wednesday that runs on the company's Tizen software, its first major break from Google's Android operating system in the mobile phone market.           


Apple Camera Patent Gives GoPro Stock Jitters

January 14, 2015 9:46 am | by Brandon Bailey, AP Technology Writer | News | Comments

Apple has patented a new design for a digital video camera that could potentially compete with the rugged portable cameras made by GoPro, a move that sent GoPro's stock tumbling.                     


Playing Well With Retailers: Frictionless D2C Ecommerce For Manufacturers

January 13, 2015 1:23 pm | by Ranga Bodla | Articles | Comments

Frictionless D2C ecommerce represents the best way forward for manufacturers to take advantage of the ever-increasing growth of online sales while still maintaining that sales through their existing retail partners aren’t negatively impacted.   


Trucks Roll In At The Detroit Auto Show

January 13, 2015 12:55 pm | by Jon Minnick, Associate Editor | Videos | Comments

On the heels of Ford’s North American Truck of the Year Award win for the aluminum F-150, other automakers have announced updates to their line of trucks.                           


GM Shows Off Electric Future

January 13, 2015 12:18 pm | by Jon Minnick, Associate Editor | Videos | Comments

This week at the North American International Auto Show in Detroit, General Motors drew back the curtain on an affordable electric car it plans to release in 2017 and updated its current offering.               


Energy Hub Seeks To Improve Production Of Composites

January 13, 2015 12:08 pm | by Andrew Szal, Digital Reporter, Manufacturing Business Technology | News | Comments

The latest in a series of national innovation hubs sponsored by the U.S. Department of Energy will focus on reducing the cost and energy needed to build advanced composites.                      


Tiny Sodas: Less Guilt Means More Money For Soft Drink Makers

January 13, 2015 10:56 am | by Candice Choi, AP Food Industry Writer | News | Comments

As people cut back on soda, the two beverage giants are pushing smaller cans and bottles they say contain fewer calories and induce less guilt. The goal is to offset falling consumption with packages that cost more per ounce and are appealing for their novelty and portion control.


PC Industry Still Struggling, But Sales Decline Leveling Off

January 13, 2015 10:51 am | by Brandon Bailey, AP Technology Writer | News | Comments

Despite some glimmers of recovery, the personal computer industry is still struggling with declining sales, according to two market reports issued Monday that show global PC shipments fell in 2014 for the third year in a row.       


Airbus, Boeing Split Annual Sales Rivalry

January 13, 2015 10:47 am | by The Associated Press | News | Comments

Boeing Co. topped Airbus in deliveries to customers for the third straight year in 2014 — but Airbus edged ahead with more future orders in the rival companies' annual sales battle.                   


Merck Seeks Approval Of New Cancer Drug, Reorganization On Track

January 13, 2015 10:43 am | by Linda A. Johnson, AP Business Writer | News | Comments

Drugmaker Merck & Co. is ratcheting up its race with rival Bristol-Myers Squibb Co. for leadership in one of today's hottest research areas, immuno-oncology, which harnesses the immune system to fight cancer.           


Deaths Due To General Motors' Faulty Ignitions Now At 45

January 13, 2015 10:37 am | by The Associated Press | News | Comments

At least 45 people have died and 68 have been injured in crashes involving General Motors cars with defective ignition switches.                                   


5 Questions For Fiat Chrysler CEO Sergio Marchionne

January 13, 2015 10:34 am | by Tom Krisher, AP Auto Writer | News | Comments

During an hourlong question-and-answer session Monday Fiat Chrysler CEO Sergio Marchionne said that high leasing levels aren't a threat to auto sales and that his company can make a good case to get the U.S. government to ease fuel economy requirements.


As Cheap Gas Shifts Buying Habits, Automakers Power On

January 13, 2015 10:28 am | by Jeff Karoub, AP Business Writer | News | Comments

Inside the Detroit Auto Show, automakers are showing off electric and other vehicles designed to cut our dependence on fossil fuels. Outside, car buyers are paying the lowest prices in years for carbon-based fuels. That dichotomy has the industry scrambling to sell alternative vehicles and buyers making choices that seemed impractical just a short time ago.


Menasha Corp. Acquires PearceWellwood

January 13, 2015 10:03 am | by Menasha Corporation | News | Comments

Menasha Corporation announces that it has acquired PearceWellwood Inc. of Brampton, Ontario. The family-owned business will operate as part of Menasha Packaging Company, LLC, a subsidiary of Menasha Corporation.           


Demand & Supply Chain Planning Solution Launched

January 13, 2015 9:56 am | by DynaSys | Product Releases | Comments

DynaSys, a division of QAD Inc., has announced the launch of DynaSys DSCP 2015, the latest version of its demand and supply chain planning solution.



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