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U.S. Companies Increasingly Fish For Growth Overseas

July 28, 2014 | by Michael Liedtke, AP Technology Writer | Comments

Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.                                       

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Mid Day Report

Daily news and top headlines for IT professionals

China Investigating Microsoft For Antitrust Violations

July 28, 2014 12:43 pm | by Kyodo News International

China's State Administration for Industry and Commerce descended on Microsoft offices in Shanghai, Beijing, Guangzhou and Chengdu, questioning employees about the company's business practices in a move described as a "raid."       

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Cellphone Unlocking To Become Legal Again

July 28, 2014 12:38 pm | by Peter Svensson, AP Technology Writer

Congress passed a bill Friday that makes it legal to "unlock" cellphones so the devices can — at least in some instances — be used on other carriers.                             

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Fertilizer Companies Blame Texas City For Blast

July 28, 2014 9:34 am | by The Associated Press

Two fertilizer companies sued following a deadly Texas explosion are claiming the small town deserves blame for failing to properly train volunteer firefighters and first responders, who made up most of the 15 people killed by the blast.   

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EU Antitrust Body Clears $3B Apple-Beats Deal

July 28, 2014 9:30 am | by The Associated Press

The European Union's antitrust authority has cleared Apple's $3 billion deal to buy Beats Electronics, which makes headphones and offers music streaming services.                         

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GM Proposes Expansion For Michigan Crossover Plant

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

General Motors Co. is considering a $37 million expansion of a mid-Michigan plant that makes three crossover vehicles.                                     

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Son Of Salmonella Victim Hopes Trial Sends Message

July 28, 2014 9:24 am | by Kate Brumback, Associated Press

Three people accused of scheming to manufacture and ship salmonella-tainted peanuts that killed nine people, sickened more than 700 and prompted one of the largest food recalls in history are set to go to trial this week in south Georgia.   

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Tyson Closing Plants In Iowa, N.Y., N.M.

July 28, 2014 9:22 am | by The Associated Press

Tyson Foods Inc. says it's closing three U.S. plants, employing a total 950 workers, which have struggled financially as the company's product needs have changed.                         

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Nissan Expands Faulty Air Bag Recall

July 28, 2014 9:18 am | by The Associated Press

Nissan is recalling more than 226,000 additional vehicles over a defective air bag that has affected much of the global auto industry.                                 

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Orders For Durable Goods Up In June

July 25, 2014 11:26 am | by The Associated Press

Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans.                       

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Layoffs Becoming Rare Across U.S. Job Market

July 25, 2014 11:19 am | by The Associated Press

As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers.                                   

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China Expected To Declare Qualcomm A Monopoly

July 25, 2014 9:53 am | by Joe McDonald, AP Business Writer

Chinese regulators have concluded Qualcomm Inc., one of the biggest makers of chips used in mobile devices, has a monopoly, a government newspaper reported Friday.                         

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FDA Reviewing What Might Become First Biosimilar Drug

July 25, 2014 9:51 am | by The Associated Press

The Food and Drug Administration is reviewing research data on what could become the first U.S.-approved "biosimilar" drug, a cheaper, sort-of generic version of a biologic drug.                     

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NHTSA Probes Hyundai Sonata Air Bag Problem

July 25, 2014 9:48 am | by The Associated Press

U.S. safety regulators are investigating whether an electrical problem can knock out the air bags on some older Hyundai Sonatas.                                   

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Ga. Investigated Complaint Against MFG Chemical Plant

July 25, 2014 9:45 am | by The Associated Press

Environmental regulators investigated an anonymous report alleging MFG Chemical Inc. in Dalton was illegally discarding waste five months before an accident injured a worker, government records show.               

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Bombardier To Cut 1,800 Jobs

July 25, 2014 9:43 am | by The Associated Press

Airplane maker Bombardier Inc. is cutting 1,800 jobs across facilities worldwide as it restructures operations.                                       

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Court Tosses Chiquita Terror Payment Claims

July 25, 2014 9:40 am | by The Associated Press

A divided federal appeals court on Thursday threw out claims against produce giant Chiquita Brands International made by relatives of thousands of Colombians killed during years of bloody civil war.               

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GM Issues 6 More Recalls

July 24, 2014 1:24 pm | by The Associated Press

General Motors issued six more recalls on Wednesday, bringing its annual total to 60 recalls covering almost 30 million vehicles.                                   

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Ford 2Q Net Income Rises To $1.3B

July 24, 2014 1:16 pm | by Dee-Ann Durbin, AP Auto Writer

Ford Motor Co. beat Wall Street's expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years.                     

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Reid: Taxpayers Shouldn't Bankroll Companies That Outsource Jobs

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

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

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.      

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