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Mid Day Report

Daily news and top headlines for IT professionals

Alfa Romeo Returning To U.S. Market In June

April 17, 2014 9:11 am | by The Associated Press | News | Comments

Alfa CEO Harald Wester says the company plans to ship around 100 4C sports cars to the U.S. this June.                                           

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Post Buying Michael Foods For $2.45B

April 17, 2014 9:09 am | by The Associated Press | News | Comments

Cereal maker Post Holdings Inc. is buying fellow packaged food maker Michael Foods Inc. in a $2.45 billion deal that will expand Post's range of products.                           

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Tiny Nuclear Power Plants Hold Promise

April 17, 2014 9:06 am | by The Associated Press | News | Comments

Tiny nuclear power plants that could be far cheaper to build than their behemoth counterparts could herald the future for an energy industry that has come under scrutiny since the Fukushima disaster.               

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Fed: Growth Picks Up Across Most Of U.S.

April 17, 2014 9:04 am | by Paul Wiseman, AP Economics Writer | News | Comments

A Federal Reserve survey shows economic growth picking up across most of the United States over the past two months as bitter winter weather subsided.                             

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Heinz Offer Buyouts To Pittsburgh Workers

April 16, 2014 1:00 pm | by The Associated Press | News | Comments

The new owners of H.J. Heinz Co. have offered buyouts to all workers in Pittsburgh, where the ketchup-and-food giant has been based for decades, but insist the offer doesn't signal a plan to move the company's headquarters.     

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GE Selects Louisville For First ‘Micro-Factory’

April 16, 2014 12:46 pm | by Joel Hans, Managing Editor, Manufacturing.net | News | Comments

The micro-factory philosophy aims to bring an open platform and co-creation to the appliances market so that the company can create the products that consumers want at an accelerated pace.                 

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Toyota Camry Gets A Makeover

April 16, 2014 12:40 pm | by Dee-Ann Durbin, AP Auto Writer | News | Comments

Shaken by the advances of newer, sportier rivals, the Toyota Camry is trying to shed its vanilla reputation.                                         

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General Motors Tries Distancing Itself From ‘Old GM’

April 16, 2014 12:25 pm | by Jon Minnick, Associate Editor | Blogs | Comments

Among everything General Motors is doing to turn its recall fiasco around, it is now asking a federal bankruptcy court for protection from lawsuits stemming from the defective ignition switches that are at the root of the company’s woes.   

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Barra: Cost Of Fix 'Not My Focus'

April 16, 2014 11:31 am | by CNNMoney | Videos | Comments

General Motor's CEO Mary Barra says that her company is not focused on the 'cost elements' of the safety fix and that GM is 'gonna do the right thing.'                             

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The Corvette Z06 Convertible Unveiled

April 16, 2014 11:25 am | by CNNMoney | Videos | Comments

The Corvette Z06 Convertible was unveiled at the New York Auto show and boasts as much power as its hard-top sibling.                                      

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Look To MRP Software For Inventory Management Visibility

April 16, 2014 11:15 am | by Pete Zimmerman, Manufacturing Segment Manager, VAI | Articles | Comments

Manufacturers must have visibility into their inventory because it allows them to make better informed and more financially efficient purchasing decisions.                           

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Wireless Industry To Add Anti-Theft Tools

April 16, 2014 9:36 am | by Terry Collins, Associated Press | News | Comments

A trade group for wireless providers said Tuesday that the biggest mobile device manufacturers and carriers will soon put anti-theft tools on the gadgets to try to deter rampant smartphone theft.               

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GM Asking Bankruptcy Court For Lawsuit Protection

April 16, 2014 9:32 am | by Tom Krisher, AP Auto Writer | News | Comments

General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy.               

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Chevy Bringing Tiny Trax To U.S., China

April 16, 2014 9:29 am | by Dee-Ann Durbin, AP Auto Writer | News | Comments

The Chevrolet Trax will go on sale in the U.S. and China early next year. General Motors Co. unveiled the 2015 model Tuesday evening ahead of the New York International Auto Show.                     

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Obama, Biden Announcing $600M For Job Grants

April 16, 2014 9:26 am | by Darlene Superville, Associated Press | News | Comments

Striving to show action on jobs, President Barack Obama and Vice President Joe Biden are hitting the road to trumpet $600 million in new competitive grants to spur creation of targeted training and apprenticeship programs that could help people land well-paying jobs.

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U.S. Indicts 3 Bridgestone Execs For Price-Fixing

April 16, 2014 9:24 am | by The Associated Press | News | Comments

A U.S. federal grand jury has indicted one current and two former Japanese executives of Bridgestone Corp. for their involvement in automobile parts price-fixing in the United States, the Department of Justice announced Tuesday.       

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Judge Blocks Mass. Ban On Zohydro

April 16, 2014 9:22 am | by Steve LeBlanc, Associated Press | News | Comments

A federal judge has blocked Massachusetts from banning the powerful new painkiller Zohydro.                                             

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If Filed, Plane Lawsuits May Not Get Heard In U.S.

April 16, 2014 9:15 am | by Gillian Wong, Associated Press | News | Comments

Since Malaysia Airlines Flight 370 went missing, some lawyers have claimed they can get several millions of dollars in damages for each lost passenger by taking the cases to the United States. But past lawsuits show U.S. federal courts are more likely to throw such cases out if the crashes happened overseas.

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U.S. Won't Name China A Currency Manipulator

April 16, 2014 9:13 am | by Marcy Gordon, AP Business Writer | News | Comments

The Obama administration is raising concern about the value of China's currency but is declining, as in recent years, to accuse Beijing of manipulating it.                           

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Court Upholds EPA Emission Standards

April 15, 2014 12:54 pm | by Pete Yost, Associated Press | News | Comments

A federal appeals court on Tuesday upheld the Environmental Protection Agency's emission standards for hazardous air pollutants from coal- and oil-fired power plants.                        

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