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Mid Day Report

Daily news and top headlines for IT professionals

GM Profit Nearly Doubles

October 23, 2014 9:49 am | by Tom Krisher, AP Auto Writer | News | Comments

Big profits from rising SUV and truck sales in North America helped General Motors nearly double its third-quarter net profit and more than offset its struggles in Europe and South America.                 

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Mars Food Expands With $31M Investment

October 23, 2014 9:45 am | by The Associated Press | News | Comments

Mars Food, which makes Uncle Ben's Rice and other products at its Greenville plant, will invest $31 million to modernize operations and expand research at the plant.                         

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Nokia Turnaround Continues

October 23, 2014 9:43 am | by Matti Huuhtanen, Associated Press | News | Comments

Nokia appears to have turned around its fortunes after the sale of its ailing cellphone unit to Microsoft, reporting a third-quarter net profit of 747 million euros ($950 million), from a loss of 91 million euros a year earlier. Sales grew 13 percent.

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Caterpillar Beats Street Forecasts

October 23, 2014 9:39 am | by The Associated Press | News | Comments

Caterpillar's belt tightening paid off in the third quarter as the manufacturer easily beat Wall Street expectations and raised its outlook for the year.                           

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Weaving The Digital Thread Across Industrial Value Chains

October 23, 2014 9:19 am | by LNS Research | News | Comments

Across manufacturing industries today, pressures on cost, supplier networks complexity, regulatory requirements, and customer demands continue to grow, rendering the operational status quo ineffective.              

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Anheuser-Busch Sues Over Beer Distribution

October 22, 2014 1:00 pm | by The Associated Press | News | Comments

One of the largest beer brewers in the country is suing Kentucky to force the approval of a distributor's license.                                       

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Gas Mileage Inflated On 4 Mini Cooper Models

October 22, 2014 12:55 pm | by Tom Krisher, AP Auto Writer | News | Comments

The U.S. government has told BMW to reduce the gas mileage estimates on the window stickers on four of its Mini Cooper models after an audit found the figures were overstated.                     

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Liquor Company's American CEO Adapts To New Climate

October 22, 2014 12:40 pm | by CBS News | Videos | Comments

The Chinese drank 11 billion liters of Baijiu last year, making it the most consumed spirit by volume. After suffering a significant loss in revenue, Sichuan Swellfun CEO Jim Rice is hoping a new approach will reinvigorate the business.    

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IoT Aims To Smarten Your Life

October 22, 2014 12:32 pm | by The Associated Press | Videos | Comments

As more and more Bluetooth-enabled devices are reaching consumers, developers are busy connecting them together as part of the Internet of Things.                             

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Does America Deserve A Raise?

October 22, 2014 12:26 pm | by Maura Falk, Associate Editor, Industrial Maintenance & Plant Operations | Blogs | Comments

With an economy that is tentatively getting back on its feet, it only seems appropriate that minimum wage become a point of focus. Currently the federal minimum wage is $7.25 per hour, however, this may soon be a figure of the past.     

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Manufacturing eCommerce & The New Professional Online Consumer

October 22, 2014 12:13 pm | by Sean Cook | Articles | Comments

The need to address evolved, hyper-connected, self-service customers online, especially in the less prominent B2B and manufacturing landscape, is further driven by the fact that 34 percent of savvy consumers switched suppliers in order to make a purchase online, according to a B2B study. 

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Apple Issues Security Warning For iCloud

October 22, 2014 10:03 am | by Brandon Bailey, AP Technology Writer | News | Comments

Apple has posted a new security warning for users of its iCloud online storage service amid reports of a concerted effort to steal passwords and other data from people who use the popular service in China.             

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Government Ups Air Bag Warning To 7.8M Vehicles

October 22, 2014 10:00 am | by The Associated Press | News | Comments

The U.S. government is adding more than 3 million vehicles to a rare warning about faulty air bags that have the potential to kill or injure drivers or passengers in a crash.                     

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U.S. Consumer Prices Rose In September

October 22, 2014 9:55 am | by Martin Crutsinger, AP Economics Writer | News | Comments

U.S. consumer prices edged up slightly in September, with the overall increase held back by a third straight monthly decline in gasoline prices. The tiny gain was the latest evidence that inflation remains benign.           

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Jury Rules Against Texas Guardrail Company

October 22, 2014 9:50 am | by The Associated Press | News | Comments

A jury has decided that a Texas company should pay $175 million in a case involving the safety of thousands of guardrails on highways around the country.                           

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Passenger Jets Push Boeing's Profit Up

October 22, 2014 9:45 am | by Scott Mayerowitz, AP Airlines Writer | News | Comments

Robust demand for commercial jets and an increased pace of production helped Boeing earn $1.36 billion in the third quarter, up 18 percent from the same period last year.                       

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Daimler Sells Stake In Tesla

October 22, 2014 9:41 am | by The Associated Press | News | Comments

Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million.                                             

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FTC Names Privacy Expert As Chief Technologist

October 22, 2014 9:37 am | by Brandon Bailey, AP Technology Writer | News | Comments

The Federal Trade Commission on Tuesday named an outspoken Internet privacy expert, Ashkan Soltani, as its chief technologist in a move that signals the agency's focus on protecting consumers' online privacy.            

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Kimberly-Clark To Cut Up To 1,300 Jobs

October 21, 2014 1:37 pm | by The Associated Press | News | Comments

Kimberly-Clark plans to eliminate up to 1,300 jobs as part of restructuring efforts aimed at reducing costs and making its business more efficient.                             

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Staples Investigating Possible Data Breach

October 21, 2014 1:34 pm | by The Associated Press | News | Comments

Staples is looking into a potential credit card data breach and has been in touch with law enforcement officials about the issue.                                   

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