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Mid Day Report

Daily news and top headlines for IT professionals

Investor Seeks $8B GM Stock Buyback

February 10, 2015 12:20 pm | by Tom Krisher, AP Auto Writer | News | Comments

A General Motors stockholder representing four investment funds has told the company he'll seek a seat on its board at the annual meeting this summer and will push for an $8 billion stock buyback to take place by next year.       

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New Agency Designed To Fight Cyber Threats

February 10, 2015 12:12 pm | by Jon Minnick, Associate Editor | Blogs | Comments

Today, the White House will announce the creation of a new agency named the Cyber Threat Intelligence Integration Center (CTIIC) — which will be tasked with thwarting cyberattacks by sharing intelligence across other agencies in the event of a crisis.

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The Small Town Behind The Biggest Scoreboards

February 10, 2015 12:04 pm | by CBS News | Videos | Comments

Brookings, South Dakota, is the home of Daktronics, a company that manufactures those immense video screens so popular at sports stadiums across the country. Lee Cowan checks out how these massive LED displays are made.         

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Heinz Releasing Sriracha Ketchup

February 10, 2015 11:59 am | by Buzz60 | Videos | Comments

Heinz is coming out with a new ketchup that will have Sriracha mixed in. It's about to make breakfast, lunch, dinner and life better for some.                               

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How Manufacturers Are Revolutionizing Marketing With Data-as-a-Service

February 10, 2015 11:55 am | by Anders Ekman | Articles | Comments

While manufacturers have made huge strides into the digital world, the biggest challenge continues to evolve around Big Data. Although Big Data can translate into big revenue, many companies are unable to fully utilize its potential.     

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Let Hackers In: Experts Say Traps Might Be Better Than Walls

February 10, 2015 9:43 am | by Youkyung Lee, AP Technology Writer | News | Comments

Ever since the Internet blossomed in the 1990s, cybersecurity was built on the idea that computers could be protected by a digital quarantine. Now, as hackers routinely overwhelm such defenses, experts say cybersecurity is beyond due an overhaul. 

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Nissan Raises Profit Forecast After Sales Grow In U.S., Europe

February 10, 2015 9:38 am | by Yuri Kageyama, AP Business Writer | News | Comments

Nissan raised its earnings forecast for the fiscal year after reporting a nearly 21 percent jump in quarterly profit as a cheap yen amplified strong overseas sales.                         

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Death Toll From General Motors Ignition Switches Rises To 52

February 10, 2015 9:34 am | by The Associated Press | News | Comments

The families of 52 people killed in crashes caused by faulty General Motors small-car ignition switches will receive millions in compensation from a company fund. The new total, which is one more than last week, was posted Monday on an Internet site by compensation expert Kenneth Feinberg.

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Autopsy Finds Texas Man Was Killed By Exploding Airbag

February 10, 2015 9:30 am | by The Associated Press | News | Comments

An autopsy has found that a metal disc from a defective airbag sliced into a Texas man's neck and killed him after a low-speed car accident last month near Houston.                         

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Robots Replacing Human Factory Workers At Faster Pace

February 10, 2015 9:23 am | by Paul Wiseman, AP Economics Writer | News | Comments

Cheaper, better robots will replace human workers in the world's factories at a faster pace over the next decade, pushing labor costs down 16 percent, a report Tuesday said.                       

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BP Head Predicts ‘Years’ Of Low Prices

February 9, 2015 3:23 pm | by Sam Neylon, Digital Reporter, Manufacturing Business Technology | Blogs | Comments

Last week BP Chief Executive Bob Dudley weighed in on the direction of oil prices. Dudley’s predictions of long-term low oil prices are based on his confidence that the Saudi-bloc of OPEC will see its price war on high-cost producers through to the end.

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MAPI: Is Cuba Open For Business?

February 9, 2015 11:57 am | by Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

The announcement by President Barack Obama on December 17, 2014 that the icy relations between the U.S. and Cuba may begin to thaw was met with surprise and mixed reactions. What, many asked, will the future hold for tourism, a potential new economic paradigm, and manufacturing?

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Technology On The Shop Floor: Empowering Your Manufacturing Team

February 9, 2015 11:35 am | by Lori Payne | Articles | Comments

Operations leaders at small and mid-sized manufacturing companies have no shortage of stress. Much of the burden of bringing in jobs on-time and on-budget falls on you, which explains the thirst for visibility and hawkish attention to detail regarding everything on the shop floor.

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Smart TV Innovations Creating Privacy Concerns

February 9, 2015 11:28 am | by CBS News | Videos | Comments

TV technology, like Samsung's SmartTV, enables televisions to act on voice commands, but the TV sets can capture other words you say and transmit them to third parties. That's raising concerns about privacy.             

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How The Cognac Market Is Growing In The U.S.

February 9, 2015 11:23 am | by Bloomberg Business | Videos | Comments

Michael Quinttus, president and CEO of Vintus, discusses the growing market for premium cognac.                                             

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Senators Call For Investigation Into Verizon 'Supercookies'

February 9, 2015 10:48 am | by Anne Flaherty, Associated Press | News | Comments

Democratic senators on Friday called on federal regulators to investigate Verizon Wireless, the country's biggest mobile provider, for secretly inserting unique tracking codes into the Web traffic of its some 100 million customers.      

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Report: Automakers Fail To Fully Protect Against Hacking

February 9, 2015 10:44 am | by Joan Lowy, Associated Press | News | Comments

Automakers are cramming cars with wireless technology, but they have failed to adequately protect those features against the real possibility that hackers could take control of vehicles or steal personal data, according to an analysis of information that manufacturers provided to a senator.

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Steelworkers To Expand Strike To 2 BP Refineries in Midwest

February 9, 2015 10:39 am | by David Koenig, AP Business Writer | News | Comments

The first nationwide strike at U.S. oil refineries since 1980 is spreading to two BP plants in the Midwest. Workers at refineries in Ohio and Indiana will strike late Saturday night, joining a walkout that began this week at nine other refineries.

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Land Rover, Jaguar Will Recall 104,000 Vehicles

February 9, 2015 10:30 am | by The Associated Press | News | Comments

Land Rover and Jaguar are recalling 104,000 vehicles because of problems with the brakes and lights.                                            

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Refinery Negotiations Suspended Until Monday, White House Speaks Out

February 6, 2015 4:32 pm | by Sam Neylon, Digital Reporter, Manufacturing Business Technology | News | Comments

The national strike by refinery workers will extend to at least next Monday, after negotiations between the United Steelworkers (USW) and a group of employers stalled Friday.                      

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