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Hershey Wins Trademark Lawsuit Against Pot Company

October 17, 2014 | by The Associated Press | Comments

A Colorado marijuana company must recall or destroy its pot-infused edibles that resemble iconic Hershey treats as part of a settlement agreement with the chocolate company.                      

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Mid Day Report

Daily news and top headlines for IT professionals

AMD Cutting Global Workforce

October 17, 2014 9:32 am | by The Associated Press

AMD says it will cut 7 percent of its global workforce in an effort to improve its profitability.                                           

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iPhone Glass Maker Cutting Jobs In Arizona

October 17, 2014 9:12 am | by The Associated Press

A manufacturer of sapphire glass that Apple Inc. uses in iPhones plans to eliminate 727 jobs at an Arizona plant.                                       

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U.S. Factory Output Rises In September

October 16, 2014 1:06 pm | by Josh Boak, Associated Press

U.S. manufacturing output rose in September, led by gains for aerospace products, furniture, clothing and plastics.                                       

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Senators Question Regional Car Recalls

October 16, 2014 10:09 am | by The Associated Press

Two U.S. senators are questioning why the nation's auto safety regulators are letting car companies recall vehicles only in limited regions when a safety problem could happen anywhere.                   

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Google Tries To Upstage Apple With Its Latest Devices

October 16, 2014 10:05 am | by Michael Liedtke, AP Technology Writer

Google is coming out with bigger, more expensive versions of its Nexus phone and tablet to attract more of the affluent consumers who faithfully buy each new generation of Apple's iPhone and iPad.               

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Chrysler Recalling Nearly 907K Vehicles

October 16, 2014 9:59 am | by Tom Krisher, AP Auto Writer

Nearly 907,000 Chrysler, Dodge and Jeep SUVs and cars are being recalled for alternators that can fail and heated power mirror wiring that can short and cause minor fires.                       

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Falling Oil Prices Shake Up Global Economies

October 16, 2014 9:54 am | by Jonathan Fahey, AP Energy Writer

A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest prices in four years.

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AbbVie Sours On Shire Deal After Tax Changes

October 16, 2014 9:45 am | by The Associated Press

AbbVie's board is telling shareholders vote against its own $55 billion takeover bid for the Irish drugmaker Shire after the U.S. made reincorporating overseas a less lucrative tax maneuver.                 

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U.S. Criticizes China's Currency Policy

October 16, 2014 9:41 am | by Martin Crutsinger, AP Economics Writer

The Obama administration said Wednesday that China's currency remains "significantly undervalued," but it stopped short of citing China or any other country for unfairly manipulating its currency to gain trade advantages.         

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Toyota Recalls Lexuses For Fuel Leak Risk

October 16, 2014 9:37 am | by The Associated Press

Toyota is recalling about 423,000 older-model Lexus luxury cars in the U.S. because a gasket can leak fuel and possibly cause a fire.                                 

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U.S. Jobless Aid Applications Fall To 14-Year Low

October 16, 2014 9:31 am | by Christopher S. Rugaber, AP Economics Writer

The number of people seeking U.S. unemployment aid dropped to the lowest level in 14 years last week, the latest signal that companies are cutting fewer workers and hiring could remain healthy.                 

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Brazilian Pair Boosts Bid For Chiquita

October 15, 2014 1:09 pm | by The Associated Press

Two Brazilian companies are raising their bid for banana company Chiquita to approximately $658 million.                                         

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VW Tops GM In Global Sales Race

October 15, 2014 1:01 pm | by The Associated Press

Volkswagen barely edged out General Motors for second place in the global auto sales race during the first three quarters of the year, but Toyota was expected to keep its lead to stay in first place.               

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Nike Suing Over Chuck Taylor Trademark Infringement

October 15, 2014 10:03 am | by The Associated Press

Nike's Converse brand is suing 31 companies, saying they are selling knockoff versions of its Chuck Taylor shoes.                                       

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U.S. Producer Prices Fell In September

October 15, 2014 9:58 am | by Josh Boak, AP Economics Writer

Inflation was limited last month because of falling gasoline and food costs that have lowered the prices that U.S. companies received for their goods and services.                         

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New York Factory Growth Slows

October 15, 2014 9:54 am | by The Associated Press

New York manufacturers are growing at the slowest pace in six months as new orders shrink and shipments barely rise.                                       

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U.S. Retail Sales Fell In September

October 15, 2014 9:52 am | by Josh Boak, AP Economics Writer

U.S. retail sales retreated in September as purchases of autos, gasoline, furniture and clothing slowed, a sign that recent job gains have yet to significantly boost consumer spending.                   

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GM Plant Seeks Tax Break For Upgrade

October 14, 2014 2:06 pm | by The Associated Press

General Motors' Fort Wayne, Indiana truck assembly plant wants local officials to waive taxes for a decade to help with a possible $1 billion upgrade, a spokeswoman said.                    

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JPMorgan CEO Says More Should Be Done On Cyberattacks

October 14, 2014 2:03 pm | by Steve Rothwell, AP Business Writer

JPMorgan Chase's CEO Jamie Dimon says that more coordination between businesses and government is needed to combat the rising threat of cyberattacks.                             

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Chrysler Recalls SUVs For Air Bag Defect

October 14, 2014 1:58 pm | by The Associated Press

Chrysler is recalling 184,215 SUVs worldwide because a wiring problem could disable their air bags and seat belt pretensioners.                                   

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