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Mid Day Report

Daily news and top headlines for IT professionals

Reid: Taxpayers Shouldn't Bankroll Companies That Outsource Jobs

July 24, 2014 9:46 am | by The Associated Press | News | Comments

The Senate voted Wednesday to advance an election-year bill limiting tax breaks for U.S. companies that move operations overseas. But big hurdles remain.                           

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Nokia Profits Rise After Handset Division Sale

July 24, 2014 9:43 am | by Jari Tanner, Associated Press | News | Comments

Telecommunications and wireless equipment maker Nokia Corp. saw its shares surge on Thursday after it reported higher profits and an improved earnings outlook in the wake of its sale to Microsoft of its troubled handset division.      

Texas Firm Recalls Compounded Drugs

July 24, 2014 9:39 am | by The Associated Press | News | Comments

The Food and Drug Administration warned doctors Wednesday not to use compounded drugs from a Texas specialty pharmacy due to potential risks of contamination.                           

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Report: Female Business Owners Face Gender Gap

July 24, 2014 9:36 am | by Joyce M. Rosenberg, AP Business Writer | News | Comments

Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday.                       

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GM 2Q Profit Falls 85 Percent

July 24, 2014 9:33 am | by The Associated Press | News | Comments

General Motors says second-quarter profit fell 85 percent as recall costs chopped $1.5 billion from the bottom line.                                       

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Texas Governor's Startup Fund Not All It Seems

July 24, 2014 9:31 am | by Paul J. Weber, Associated Press | News | Comments

Texas Gov. Rick Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the state. But a closer look at the Texas Emerging Technology Fund reveals that some of the businesses that received money are not all they seem.

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Safety Rules Proposed To Curb Oil Train Fires

July 23, 2014 1:32 pm | by The Associated Press | News | Comments

Thousands of older rail tank cars that carry crude oil would be phased out within two years under regulations proposed Wednesday in response to a series of fiery train crashes over the past year.               

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China Detains Meat Seller's Employees

July 23, 2014 1:28 pm | by Joe McDonald, AP Business Writer | News | Comments

Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants in China were detained by police Wednesday after an official said illegal activity was an organized effort by the supplier.    

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Microsoft CEO Sees 'Bold' Plan Moving Into Q4

July 23, 2014 1:26 pm | by The Associated Press | News | Comments

Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units would become profitable in 2016.     

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New Lightweight Metals Institute Headquarters Location Announced

July 23, 2014 1:15 pm | by University of Michigan | News | Comments

The new $148 million lightweight metals manufacturing institute announced in February by President Obama will locate in the Corktown neighborhood of Detroit, officials from the American Lightweight Materials Manufacturing Innovation Institute announced.

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Amazon Fire Adds Spark To Smartphones

July 23, 2014 1:06 pm | by USA TODAY | Videos | Comments

Amazon's new Fire phone uses tweaks to the Android operating system and some innovative features to set it apart from smartphones from the likes of Apple and Samsung.                        

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Are These Blueprints For Apple's Smartwatch?

July 23, 2014 12:48 pm | by CNNMoney | Videos | Comments

Apple was awarded a patent yesterday for an electronic smartwatch that is possibly named iTime.                                            

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3 Reasons To Invest In A Pick-To-Light Strategy

July 23, 2014 12:41 pm | by Kevin Sosnowski | Articles | Comments

Light-directed picking has become a go-to solution for thousands of busy modern warehouses — and with good reason. Here are three ways that pick-to-light technology is an invaluable part of an efficient distribution strategy.       

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Chrysler Recalls Over 792K Jeeps For Ignition Switch Defect

July 23, 2014 9:37 am | by The Associated Press | News | Comments

The ignition switch defects that engulfed General Motors are now a rapidly growing problem at Chrysler.                                          

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Ford: New F-150 Can Compete With Rivals

July 23, 2014 9:35 am | by The Associated Press | News | Comments

Ford says its aluminum-sided F-150 pickup will hold its own against rivals despite its lighter weight.                                           

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Investigators: Overloaded Bins Caused Collapse

July 23, 2014 9:30 am | by Josh Funk, Associated Press | News | Comments

Overloaded storage bins on the roof of an Omaha livestock feed manufacturer's plant caused the building collapse that killed two people in January, federal investigators said Monday.                   

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Saltwater Spill Cleanup Could Take Years

July 23, 2014 9:28 am | by The Associated Press | News | Comments

The site where an underground pipeline leaked 1 million gallons of saltwater into the North Dakota badlands earlier this month could take years to clean up, an official of Native American tribes involved in the cleanup said Monday.     

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Gun Law Forces Beretta Out Of Maryland

July 23, 2014 9:25 am | by The Associated Press | News | Comments

Beretta U.S.A. announced Tuesday that company concerns over a strict gun-control law enacted in Maryland last year have made it necessary to move its weapons making out of the state to Tennessee.               

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California Firm Recalls Fruit

July 22, 2014 1:35 pm | by The Associated Press | News | Comments

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concerns of possible listeria contamination.                  

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China's Suspect Meat Scandal Spreads

July 22, 2014 1:27 pm | by Joe McDonald, AP Business Writer | News | Comments

A suspect meat scandal in China engulfed Starbucks and Burger King on Tuesday and spread to Japan where McDonald's said the Chinese supplier accused of selling expired beef and chicken had provided 20 percent of the meat for its chicken nuggets.

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