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Post Holdings To Buy Malt-O-Meal Cereal Maker

January 26, 2015 | by The Associated Press | Comments

Post Holdings will spend $1.15 billion to bulk up its presence in the market for bagged and hot cereals by buying the privately held MOM Brands Co., maker of Malt-O-Meal cereals.                     

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Mid Day Report

Daily news and top headlines for IT professionals

MeadWestvaco, Rock-Tenn To Form Packaging Behemoth

January 26, 2015 9:51 am | by The Associated Press

Rock-Tenn and MeadWestvaco will join forces to create a $16 billion packaging company, driving down its own costs and possibly gaining the scale to better dictate prices.                       

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Mattel CEO Resigns, Toy Maker Results Miss Expectations

January 26, 2015 9:48 am | by The Associated Press

Toy maker Mattel says Bryan Stockton has resigned after about three years of leading the struggling maker of Barbie dolls and Hot Wheels cars.                               

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Oil Price Drop Sparks Steel Industry Layoffs

January 23, 2015 11:27 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

U.S. Steel this week announced 545 layoffs, bringing its January job cut total to more than 1,000 as the industry reels from the decline in oil prices.                             

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Report: Manufacturing Wages Significantly Higher Than Comparable Workers

January 23, 2015 11:18 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

The average manufacturing worker made nearly 11 percent more than a comparable worker outside the manufacturing sector in 2012 and 2013, according to a newly released report.                     

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EPA, Automakers Agree To Curb Use Of Copper In Brake Pads

January 23, 2015 11:12 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

The U.S. Environmental Protection Agency has announced an agreement that would cut the use of copper in motor vehicle brake pads.                                   

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Cadillac Wants Small Dealers To Upgrade To 'Boutique' Stores

January 23, 2015 10:06 am | by Tom Krisher, AP Auto Writer

In an effort to better compete with BMW and Mercedes, Cadillac wants about 700 smaller U.S. dealers to create "boutique" stores that focus on the General Motors luxury brand.                     

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Got Battery? Lots Of Hacks But No Quick Fix

January 23, 2015 10:03 am | by Barbara Ortutay, AP Technology Writer

Smartphone users are tired of begging to charge devices behind bars or hunting for hidden electrical outlets in airports and train stations. Where, oh where, is a better battery?                     

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Emergency Brake Features Added To Safety Device List

January 23, 2015 9:59 am | by Tom Krisher, AP Auto Writer

The U.S. government's auto safety agency wants to add two automatic emergency braking devices to its list of recommended safety features for new-car buyers.                           

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China Blocks VPN Services That Skirt Online Censorship

January 23, 2015 9:53 am | by Jack Chang, Associated Press

China is blocking VPN services that let users skirt online censorship of popular websites such as Google and Facebook amid a wider crackdown on online information, tech companies and specialists said Friday.             

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Apple's Cook Gets Hefty Bonus

January 23, 2015 9:48 am | by Brandon Bailey, AP Technology Writer

Apple CEO Tim Cook got a hefty cash bonus that brought his total compensation to $9.2 million last year. That's more than double what he received the previous year, as the company enjoyed a surge in sales and profit fueled by the popularity of its new, over-sized iPhone 6 models.

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Unions Seek Jobs Threshold For Boeing Incentives

January 22, 2015 10:22 am | by Andrew Szal, Digital Reporter

Unions representing aerospace workers in Washington state are backing legislation to place conditions on industry tax credits, drawing the ire of one of the state's flagship companies.                   

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Where Does Your City Stack Up In Job Growth?

January 22, 2015 10:15 am | by Andrew Szal, Digital Reporter

A report presented to a national mayors' group has projected each of the nation's 363 metropolitan areas to add jobs in 2015. But how many jobs can each city expect?                         

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Industry Group Issues Record Number Of Metalworking Credentials

January 22, 2015 9:52 am | by Andrew Szal, Digital Reporter

The National Institute for Metalworking Skills issued a record number of credentials last year to individuals seeking to join or advance in the precision manufacturing industry.                     

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Google Planning To Sell Wireless Phone Service

January 22, 2015 9:42 am | by The Associated Press

Google is planning to sell wireless phone service directly to consumers using the networks of Sprint and T-Mobile, according to reports published Wednesday.                           

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Low Gas Prices, Incentives Change Math For Electric Cars

January 22, 2015 9:40 am | by Dee-Ann Durbin, AP Auto Writer

Drivers trying to calculate whether it's practical to own an electric car are facing a new math.                                            

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Energy Companies Announce Thousands Of Layoffs

January 21, 2015 12:31 pm | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

The continued decline in the prices of crude oil is wreaking havoc in the oilfield services sector, where three industry giants have announced thousands of job cuts in recent days.                    

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Obama Calls For Additional Regulation, Investment In SOTU Address

January 21, 2015 12:23 pm | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

President Barack Obama called on Congress to enact a slew of new requirements for workers while investing in education and infrastructure during his State of the Union address, declaring, "Middle-class economics works."         

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Microsoft Shows Off Windows 10 And 'HoloLens'

January 21, 2015 12:17 pm | by Brandon Bailey, AP Technology Writer

Microsoft on Wednesday took the wraps off a new version of Windows — and a new wearable 3D gadget it calls the HoloLens.                                     

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Survey Shows Increased Optimism Among Manufacturing Executives

January 21, 2015 12:15 pm | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

A newly released survey showed top U.S. manufacturing executives were increasingly optimistic about the national economy heading into 2015 — and that many planned to increase their workforces this year.             

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Global Economy Squeezed By Worsening Slowdown In China

January 21, 2015 10:11 am | by Kelvin Chan & Paul Wiseman, AP Business Writers

The global economy, slowed by stagnation in Europe and Japan, is being further hampered by China's decelerating growth.                                     

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