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Mid Day Report

Daily news and top headlines for IT professionals

Grandfather Builds Safe Gun Tech After Sandy Hook

April 24, 2014 12:42 pm | by CNNMoney | Videos | Comments

After his 6-year-old grandson was killed in the Sandy Hook massacre, Carmen Lobis is crowdfunding and applying for a Silicon Valley grant to build out potentially life-saving gun technology.                 

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Michigan's Moves In Advanced Manufacturing

April 24, 2014 12:38 pm | by Forbes | Videos | Comments

Closing the skills gap and connecting the private sector with local, educated talent is part of a formula the Wolverine State governor is using to create an environment for success.                   

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Is A Minimum Wage Hike The Right Course Of Action?

April 24, 2014 12:31 pm | by CNNMoney | Videos | Comments

Warren Buffett does not think that $7.25 an hour is enough to live on, but he thinks he might have a better solution than changing wage laws.                               

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Chip Designer On Record-Setting Run

April 24, 2014 12:25 pm | by CNNMoney | Videos | Comments

ARM Holdings CEO Simon Segars explains how his technology company will continue to grow even as a key market — smartphones — matures and stabilizes.                             

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GM 1Q Profit Hit By Recalls

April 24, 2014 9:33 am | by Dee-Ann Durbin and Tom Krisher, AP Auto Writers | News | Comments

General Motors says first-quarter profit fell 86 percent as a series of recalls dragged down its earnings.                                         

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Wyoming Town Evacuated After Gas Explosion

April 24, 2014 9:31 am | by The Associated Press | News | Comments

Residents and emergency crews were waiting for a fire to burn itself out after an explosion at a natural gas processing plant in a small town in southwestern Wyoming.                        

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Tesla Expanding In California

April 24, 2014 9:29 am | by The Associated Press | News | Comments

The company has leased a 430,000-square-foot building in Lathrop, a community on Interstate 5 about 75 miles east of San Francisco. Tesla has not said what it plans to do with the space.                   

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2-Week Truce For Hot Sauce Maker And California City

April 24, 2014 9:27 am | by The Associated Press | News | Comments

A cooling-off period has been called in the fight between the makers of a popular hot sauce and the Southern California city that says its air is too spicy to bear.                         

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Large Scania Shareholder Accepts VW Bid

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

Volkswagen has come closer to realizing its ambition to takeover Scania after the fourth largest shareholder in the Swedish truck maker announced it will accept the 6.7 billion-euro ($9.2 billion) bid.              

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Alstom Shares Jump Amid Rumors Of GE Buyout

April 24, 2014 9:22 am | by The Associated Press | News | Comments

Shares in French train and equipment manufacturer Alstom have spiked on reports that General Electric Co. is considering making a bid for the company.                             

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Durable Goods Orders Up 2.6 Pct. In March

April 24, 2014 9:19 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Orders to U.S. factories for long-lasting manufactured goods posted a solid gain for the second straight month in March. A key category that signals business investment plans increased at the fastest pace in four months.         

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Chiquita Wants Court To Toss Terror Payments Case

April 24, 2014 9:14 am | by Curt Anderson, AP Legal Affairs Writer | News | Comments

Produce giant Chiquita Brands International is asking a federal appeals court to toss out lawsuits filed against it in the U.S. by thousands of Colombians whose relatives were killed in a bloody civil war.             

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Textron To Eliminate Some Cessna, Beechcraft Jobs

April 23, 2014 12:18 pm | by The Associated Press | News | Comments

Just over a month after buying Beechcraft for $1.4 billion, Textron announced 750 job cuts at that company and at its Cessna division.                                 

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PepsiCo To Bottle Popular Soda For A Limited Time

April 23, 2014 12:14 pm | by The Associated Press | News | Comments

The soda and snack food company says it's planning a national TV ad for the drink, which will be available for a limited time starting May 5.                               

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Google, SunPower Team Up For Solar Energy Program

April 23, 2014 12:03 pm | by The Associated Press | News | Comments

Google Inc. and SunPower Corp. are planning to invest up to $250 million to lease solar panels to homeowners, the companies said on Wednesday.                               

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Survey: China Manufacturing Continues To Shrink

April 23, 2014 12:01 pm | by The Associated Press | News | Comments

Factory activity in China shrank for the fourth straight month in April, though the decline was slightly slower, in a possible sign the slowdown in the world's No. 2 economy is stabilizing.                 

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A Mission To Keep America Innovating

April 23, 2014 11:43 am | by USA TODAY | Videos | Comments

Nathan Myhrvold, CEO and Co-Founder of Intellectual Ventures and also Microsoft's first chief technology officer, is on a mission to keep America innovating, one patent at a time.                     

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The Future Of Combat Could Be This Robot

April 23, 2014 11:35 am | by CBS News | Videos | Comments

The U.S. military hopes its new robot, Atlas, can one day take on missions deemed too dangerous for humans. But Pentagon researchers are still learning how hard it is to get the technology to perform even the simplest of tasks.       

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Strategically Automating The Warehouse

April 23, 2014 11:30 am | by Randy Marble | Articles | Comments

The high-tech warehouse is taking shape as organizations seek to get ahead of the material handling systems challenges of the 21st Century supply chain. A big component of that formation is automation, but it has to be more strategic than just throwing machines at a problem.

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Is ‘Low-Cost’ Manufacturing Headed To The U.S. Next?

April 23, 2014 11:19 am | by Joel Hans, Managing Editor, Manufacturing.net | Articles | Comments

A recent survey from Entrada Group titled “Where in the World?” posits a rather interesting conclusion: the U.S. is now considered the prime location for low-cost manufacturing, with Mexico a close second, and China — once the mecca of cheaply-produced goods — falling far behind. It’s a far cry from the trends over the last few decades.

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