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Mid Day Report

Daily news and top headlines for IT professionals

Court Rules In Favor Of Direct Sales For Tesla Motors

September 16, 2014 9:56 am | by The Associated Press | News | Comments

The highest court in Massachusetts has thrown out a lawsuit aimed at blocking Tesla Motors from selling its electric cars directly to consumers.                               

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U.S. Producer Prices Unchanged In August

September 16, 2014 9:52 am | by Christopher Rugaber, AP Economics Writer | News | Comments

A measure of prices that producers receive for their goods and services was unchanged in August, the latest sign that inflation is in check.                               

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Allergan Agrees To Move Forward With Meeting

September 16, 2014 9:46 am | by The Associated Press | News | Comments

Allergan and Pershing Square have agreed on at least one step toward settling a fight over the makeup of the Botox-maker's board.                                   

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Eurozone Economic Growth Forecast Cut

September 16, 2014 9:43 am | by The Associated Press | News | Comments

A major international organization has cut its growth forecast for the countries that use the euro and says the troubled currency union needs even more stimulus from the central bank and governments.               

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Stratasys To Acquire GrabCAD

September 16, 2014 9:39 am | by Business Wire | News | Comments

Stratasys Ltd., a leading global provider of 3D printing and additive manufacturing solutions, has announced that it has entered into a definitive agreement to acquire privately-held GrabCAD, Inc. in an all-cash transaction.       

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Hundreds Of Workers On Strike At Lear Plant

September 16, 2014 9:32 am | by Charles D. Wilson, Associated Press | News | Comments

Hundreds of workers protesting what some are calling "fast-food-like" wages walked off the job Saturday at a Lear Corp. plant in northwest Indiana that makes automotive seats, beginning a strike that could affect a major Ford assembly plant in Chicago.

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Survey: Decisive New Technology Adoption Leads To Competitive Advantage

September 16, 2014 9:22 am | by Clare Ward | News | Comments

According to a Verizon sponsored Harvard Business Review analytic services survey, 57 percent of respondents believe IT drives business growth and innovation.                           

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GM Expert Says 19 Deaths Eligible For Compensation

September 15, 2014 1:27 pm | by Tom Krisher, AP Auto Writer | News | Comments

The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. The number is likely to go higher.                   

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U.S. Factory Output Drops In August

September 15, 2014 1:21 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

U.S. manufacturing output declined in August for the first time in seven months, reflecting a sharp fall in production at auto plants that was due mainly to seasonal adjustment problems.                   

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Safety Agency Investigates Ford Fiestas

September 15, 2014 1:16 pm | by The Associated Press | News | Comments

The probe announced Monday covers about 205,000 Fiestas from the 2011 through 2013 model years.                                             

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ZF Buying TRW Automotive For About $11.74B

September 15, 2014 1:14 pm | by The Associated Press | News | Comments

The deal will create an automotive supplier business with combined sales of approximately $41 billion and 138,000 employees.                                    

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DNV GL's Short Sea Ship: The Rise Of Sea Drones?

September 15, 2014 1:06 pm | by Mike Hockett, Associate Editor, Industrial Distribution | Videos | Comments

DNV GL's unveiling of its concept for an unmanned, battery-powered short sea vessel could open the door for a new mode of shipping goods.                                 

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Wearable Tech Is Becoming More Fashionable

September 15, 2014 12:55 pm | by CNNMoney | Videos | Comments

Tech and fashion are teaming up to make wearables more fashionable. But can tech really be pretty?                                           

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Market To Manufacturing: It’s Time To Digitize

September 15, 2014 12:47 pm | by John Paul Williams | Articles | Comments

Manufacturing has not typically been thought of as an industry driving digital transformation, but companies need to leverage big data, cloud, social and mobile capabilities to create businesses that get them closer to their customers.     

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Heineken Rejects Takeover Bid

September 15, 2014 10:09 am | by The Associated Press | News | Comments

Family-controlled brewer Heineken says it has rejected a takeover bid by rival SABMiller.                                              

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Samsung Accuses LG Execs Of Vandalizing Its Products

September 15, 2014 10:04 am | by The Associated Press | News | Comments

Samsung Electronics Co. has accused senior executives from rival LG Electronics Inc. of vandalizing its washing machines at stores in Germany earlier this month and has asked for an official investigation.             

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Tesla Q&A: Tesla's Nevada 'Gigafactory'

September 15, 2014 9:55 am | by Scott Sonner, Associated Press | News | Comments

Now that Gov. Brian Sandoval has signed into law a package of incentives for Tesla Motors, the electric-car maker is moving ahead with plans to build a lithium battery factory to make cheaper batteries so it can afford to mass market a new line of more affordable vehicles.

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Will Apple Pay Kill The Card Swipe?

September 15, 2014 9:50 am | by Mae Anderson, AP Technology Writer | News | Comments

Apple wants the plastic credit card to become as rare as the paper check.                                                   

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Study: Technology An Underused Tool In Emerging Market Supply Chains

September 15, 2014 9:45 am | by Accenture | News | Comments

Despite the vital role that technology plays in helping companies manage the complexity and volatility in global operations, only 48 percent of the more than 1,000 global companies surveyed use technology extensively in their emerging market supply chains.  

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Report: Manufacturers Collecting More Data, Unsure How To Use It

September 15, 2014 9:28 am | by The Economist Intelligence Unit | News | Comments

A new report published by The Economist Intelligence Unit shows that while most manufacturing firms have greatly increased the volume of data they collect from the shop floor over the past two years, many are struggling to get the most out of it.

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