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Mid Day Report

Daily news and top headlines for IT professionals

Nearly 4K May Get Damages In Chinese Drywall Suit

October 7, 2014 11:14 am | by Janet McConnaughey, Associated Press | News | Comments

A federal judge has ruled that nearly 4,000 homeowners who say Chinese drywall ruined their homes are eligible to share any further damages he may award in lawsuits against Taishan Gypsum Co. Ltd., a government-owned manufacturer that failed to show up in court.

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IMF Trims Forecast For Global Economic Growth

October 7, 2014 11:10 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The International Monetary Fund slightly lowered its outlook for global economic growth this year and next, mostly because of weaker expansions in Japan, Latin America and Europe.                     

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SodaStream Is Losing Fizz In U.S.

October 7, 2014 11:06 am | by Candice Choi, AP Food Industry Writer | News | Comments

SodaStream says it isn't winning over enough new customers in the U.S. and reported preliminary sales results that fell short of Wall Street expectations.                           

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U.S. Manufacturers Forecast Solid Revenue Growth In Year Ahead

October 7, 2014 10:55 am | by PwC US | News | Comments

Optimism regarding projected company revenue growth increased among U.S. industrial manufacturers during the third quarter of 2014, according to the Q3 2014 Manufacturing Barometer, released by PwC US.              

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Mobile Revolution Shakes Up Silicon Valley

October 7, 2014 10:02 am | by Michael Liedtke, AP Technology Writer | News | Comments

Long-established companies such as Hewlett-Packard Co. and eBay Inc. are scrambling to regain their footing to better compete against mobile-savvy trendsetters like Apple and Google, as well as rising technology stars that have built businesses around "cloud computing."

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EU Investigates Tax Practice Of Amazon

October 7, 2014 9:56 am | by Juergen Baetz, Associated Press | News | Comments

The move is part of a wider crackdown on multinational firms' ability to avoid taxes by shifting profits and costs between countries. Apple Inc., coffee chain Starbucks and the financial arm of carmaker Fiat are also under investigation.   

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Samsung Expects Lowest Profit In Over 3 Years

October 7, 2014 9:45 am | by Youkyung Lee, AP Technology Writer | News | Comments

The world's biggest smartphone maker is suffering a stunning financial decline in the face of intense competition from Apple Inc. and upstart Chinese brands.                           

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Holiday Sales Expected To Rise 4.1 Percent

October 7, 2014 9:40 am | by Anne D'Innocenzio, AP Retail Writer | News | Comments

Americans are expected to spend at the highest rate in three years during what's traditionally the busiest shopping season of the year, according to the nation's largest retail industry trade group.               

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Town Creates 80 Percent Of All Canned Pumpkin Consumed In U.S.

October 6, 2014 1:05 pm | by David Mercer, Associated Press | News | Comments

The small central Illinois town of Morton has its hands at a seemingly endless line of pumpkins — millions of them — that'll become countless pies and loaves of sweet, fresh-baked pumpkin bread.                

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5 Killed In Blast At Fireworks Plant

October 6, 2014 12:57 pm | by The Associated Press | News | Comments

Police say five people were killed early Monday in an explosion at an illegal fireworks factory in southern China.                                       

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Feds Probe Power Steering Complaints In Ford Cars

October 6, 2014 12:47 pm | by Tom Krisher, AP Auto Writer | News | Comments

The U.S. government's auto safety regulator has opened an investigation into complaints that the power-assisted steering can suddenly fail on three Ford Motor Co. midsize car models.                   

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Lamborghini's Plug-In Hybrid Concept

October 6, 2014 12:42 pm | by CNNMoney | Videos | Comments

CEO Stephan Winkelmann says Lamborghini's new plug-in hybrid car is a 'technological demonstrator' and that the company is looking for feedback from its customers.                         

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How A Victorinox Swiss Army Knife Gets Made

October 6, 2014 12:32 pm | by Bloomberg News | Videos | Comments

Victorinox, the maker of the Swiss Army Knife, is retooling itself after its signature product has been all but banned from airplane travel. Hans Nichols visited the company's factory in Switzerland to see if there's a plan to cut — or saw — through the problems.

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Are HMI And Mobile Devices On The Menu For Your Plant?

October 6, 2014 12:27 pm | by Mike Pantoleano | Blogs | Comments

Consumer mobile devices are proliferating in the commercial sector. But in the industrial sector, their use has been limited to remote diagnostics and maintenance visualization in SCADA solutions — so far.             

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7 Ways Hadoop Can Optimize Manufacturing Performance

October 6, 2014 12:16 pm | by Steve Wooledge | Articles | Comments

Here are seven use cases that illustrate how big data and Hadoop are being used to improve quality, optimize operations and reduce costs.                                 

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Hewlett-Packard Spins Off PC, Printer Businesses

October 6, 2014 10:00 am | by The Associated Press | News | Comments

Hewlett-Packard is splitting itself into two companies, one focused on its personal computer and printing business and another on technology services, such as data storage, servers and software, as it aims to drive profits higher.     

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Two State AGs Looking Into JPMorgan Data Breach

October 6, 2014 9:57 am | by The Associated Press | News | Comments

JPMorgan said Thursday that the breach compromised customer information pertaining to roughly 76 million households and 7 million small businesses.                             

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German Factory Orders Down Sharply

October 6, 2014 9:52 am | by The Associated Press | News | Comments

German factory orders dropped sharply in August, led by a big drop in demand from abroad and canceling out a large rise the previous month, official data showed Monday.                       

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Chrysler Recalls Commercial Vans

October 6, 2014 9:49 am | by The Associated Press | News | Comments

Chrysler is recalling more than 31,000 full-size commercial vans to fix a problem with the headrests.                                           

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Mercedes-Benz Employees Charter UAW Chapter In Alabama

October 6, 2014 9:35 am | by UAW | News | Comments

Mercedes-Benz U.S. International employees and the UAW  announced the formation of UAW Local 112, a new local union providing representation for workers at the MBUSI assembly plant in Vance, Ala., near Tuscaloosa.         

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