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Mid Day Report

Daily news and top headlines for IT professionals

B/E Aerospace To Separate Into 2 Businesses

June 10, 2014 9:39 am | by The Associated Press | News | Comments

B/E Aerospace, which makes products for commercial aircraft and business jets, is planning to separate into two independent, publicly traded companies.                             


Texas Chemical Engineer Indicted In Trade Secrets Case

June 10, 2014 9:35 am | by The Associated Press | News | Comments

A Dallas-area chemical engineer has been accused of stealing trade secrets from a New Jersey-based company where he formerly worked.                                 


5 Things To Know About Apple's Stock Split

June 10, 2014 9:33 am | by Michael Liedtke, AP Technology Writer | News | Comments

Apple's resurgent stock may have as much to do with financial engineering as the company's technological wizardry.                                       


Candle Company Exec Faces Harassment Suits

June 10, 2014 9:31 am | by The Associated Press | News | Comments

Three women who once worked at a Maine scented candle manufacturer say in federal lawsuits that the company's founder and president subjected them to "relentless sexual harassment."                   


Pratt & Whitney Canada Sued Over Fatal Crash

June 10, 2014 9:27 am | by Jennifer Sinco Kelleher, Associated Press | News | Comments

An engine manufacturer in Canada is to blame for a small plane's ocean landing and the death of Hawaii's former health director, her brother said in a lawsuit filed Monday.                       


Economic Forecast: Investment Spending Will Drive Growth

June 9, 2014 12:54 pm | by The Manufacturers Alliance for Productivity and Innovation | News | Comments

Manufacturing production continues to outpace overall economic growth and will be led more by investment than by consumer-driven advances over the next 18 months, according to a new report.                 


Report Calls For More Protection For Chemical Workers

June 9, 2014 12:53 pm | by Tom Raum, Associated Press | News | Comments

The U.S. government on Friday vowed to take a stronger role in protecting chemical-industry workers and local residents from accidents and explosions at chemical plants in the aftermath of a deadly April 2013 explosion in Texas.       


Where Have All The Missing Workers Gone?

June 9, 2014 12:51 pm | by Tom Raum, Associated Press | News | Comments

While the overall jobless level has dropped to non-recession levels, the number of the working-age people with jobs is barely over 6 in 10, hovering at a level reminiscent of the late 1970s.                 


GM Recalls 89K Vehicles

June 9, 2014 12:49 pm | by The Associated Press | News | Comments

General Motors is recalling more than 89,000 autos because of air bag defects and other problems.                                           


Manufacturing Technology Orders Up

June 9, 2014 12:33 pm | by The Association For Manufacturing Technology | News | Comments

April U.S. manufacturing technology orders totaled $391.53 million according to The Association For Manufacturing Technology.                                   


Ford CEO On Company's Comeback, Retirement And GM

June 9, 2014 12:11 pm | by CBS News | Videos | Comments

From deep debt to soaring profits, Ford CEO Alan Mulally discusses the motor company's rise, his plans to step down on July 1 and the GM recall.                               


Product Developers Need To Shift To An All-Digital Mindset

June 9, 2014 12:04 pm | by Ajay Chavali & Kevin Prendeville | Articles | Comments

Although widely used and straightforward, the linear approach to product development and design has started to reveal serious limitations. One of the most vexing and prevalent challenges has been the inefficient flow of information throughout this process.


Tyson Wins Bidding War For Hillshire

June 9, 2014 9:27 am | by Mae Anderson, AP Business Writer | News | Comments

Meat producer Tyson Foods Inc. has won a bidding war for Hillshire Brands, the maker of Jimmy Dean sausages and Ball Park hot dogs, with a $63 per share offer.                          


Economic Growth To Pick Up, Hiring To Remain Steady

June 9, 2014 9:25 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. economic growth should accelerate in the second quarter and remain healthy for the rest of this year, according to a forecast by a group of U.S. business economists.                       


CAT Closing 3 Illinois Plants

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

Caterpillar Inc. has announced plans to close three production facilities in Illinois and move the work to a plant in Michigan's Upper Peninsula.                              


Hershey Sues Edible Pot Company

June 9, 2014 9:20 am | by Sadie Gurman, Associated Press | News | Comments

The Hershey Co. has sued a Colorado marijuana edibles maker, claiming it makes four pot-infused candies that too closely resemble iconic products of the chocolate maker.                       


Chinese Group Uses App To Shame Polluters

June 9, 2014 9:18 am | by The Associated Press | News | Comments

A Chinese environmental group launched a smartphone app on Monday that tracks and shames polluting factories, highlighting how the country is making environmental data more available and is welcoming public monitoring of companies that pollute. 


Air Force Approves $915M Contract To Combat Space Junk

June 6, 2014 11:37 am | by CBS News | Videos | Comments

Lockheed Martin has a contract with the Air Force to build a so-called "space fence" to track debris that pose a threat to satellites and space travel. See how the program could stop a disaster.                


Glock Execs, Gun Dealer Face Indictment

June 6, 2014 11:36 am | by The Associated Press | News | Comments

Federal prosecutors have accused a Kansas firearms dealer of paying more than $1 million in bribes and kickbacks to two high-ranking executives of Georgia-based Glock Inc. in exchange for preferential treatment and access to confidential company information.


U.S. Employment Rate Holds; Manufacturers Expanding Steadily

June 6, 2014 11:29 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

U.S. employers added 217,000 jobs in May, a substantial gain for a fourth straight month, fueling hopes that the economy will accelerate after a grim start to the year.                       



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