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Government Ups Air Bag Warning To 7.8M Vehicles

October 22, 2014 | by The Associated Press | Comments

The U.S. government is adding more than 3 million vehicles to a rare warning about faulty air bags that have the potential to kill or injure drivers or passengers in a crash.                     

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Mid Day Report

Daily news and top headlines for IT professionals

Apple Issues Security Warning For iCloud

October 22, 2014 10:03 am | by Brandon Bailey, AP Technology Writer

Apple has posted a new security warning for users of its iCloud online storage service amid reports of a concerted effort to steal passwords and other data from people who use the popular service in China.             

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U.S. Consumer Prices Rose In September

October 22, 2014 9:55 am | by Martin Crutsinger, AP Economics Writer

U.S. consumer prices edged up slightly in September, with the overall increase held back by a third straight monthly decline in gasoline prices. The tiny gain was the latest evidence that inflation remains benign.           

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Jury Rules Against Texas Guardrail Company

October 22, 2014 9:50 am | by The Associated Press

A jury has decided that a Texas company should pay $175 million in a case involving the safety of thousands of guardrails on highways around the country.                           

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Passenger Jets Push Boeing's Profit Up

October 22, 2014 9:45 am | by Scott Mayerowitz, AP Airlines Writer

Robust demand for commercial jets and an increased pace of production helped Boeing earn $1.36 billion in the third quarter, up 18 percent from the same period last year.                       

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Daimler Sells Stake In Tesla

October 22, 2014 9:41 am | by The Associated Press

Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million.                                             

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FTC Names Privacy Expert As Chief Technologist

October 22, 2014 9:37 am | by Brandon Bailey, AP Technology Writer

The Federal Trade Commission on Tuesday named an outspoken Internet privacy expert, Ashkan Soltani, as its chief technologist in a move that signals the agency's focus on protecting consumers' online privacy.            

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Kimberly-Clark To Cut Up To 1,300 Jobs

October 21, 2014 1:37 pm | by The Associated Press

Kimberly-Clark plans to eliminate up to 1,300 jobs as part of restructuring efforts aimed at reducing costs and making its business more efficient.                             

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Staples Investigating Possible Data Breach

October 21, 2014 1:34 pm | by The Associated Press

Staples is looking into a potential credit card data breach and has been in touch with law enforcement officials about the issue.                                   

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Coke Slashing Costs As Soda Sales Remain Flat

October 21, 2014 1:30 pm | by Candice Choi, AP Food Industry Writer

Coca-Cola said it plans to slash costs by $3 billion a year after the world's biggest beverage maker reported disappointing sales on flat soda volume.                             

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WTO Rejects U.S. Country-Of-Origin Meat Labels

October 21, 2014 9:43 am | by The Associated Press

The WTO said the requirements put Canadian and Mexican livestock at an unfair disadvantage.                                             

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Frito-Lay Announces Do Us A Flavor Winner

October 21, 2014 9:34 am | by Candice Choi, AP Food Industry Writer

In the U.S., bags of the four finalist flavors hit shelves in late July and people were able to vote on Facebook and Twitter for their favorites through this past weekend. It was the second year for the U.S. contest, which is designed to send customers to stores in search of the flavors.

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iRobot Receives $7.6M Order From U.S. Navy

October 21, 2014 9:29 am | by The Associated Press

iRobot Corp., the leader in delivering robotic technology-based solutions, has received a $7.6 million order from the Naval Surface Warfare Center, Indian Head Explosive Ordnance Disposal Technology Division.            

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Toyota Adds 247K Vehicles to Air Bag Recall Tally

October 21, 2014 9:26 am | by The Associated Press

Toyota is recalling 247,000 vehicles in high-humidity areas as an air bag problem that has plagued most of the auto industry continues to widen.                               

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GM Ignition Switch Death Count Rises

October 20, 2014 1:14 pm | by The Associated Press

Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the totals Monday.                                            

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Fire Exposes Illegal Chinese Factories Problem In Italy

October 20, 2014 1:09 pm | by Erika Kinetz, Associated Press

Authorities have raided over 1,900 Chinese factories in the past 6 1/2 years, closing 909 for safety and labor violations. Sanctioned factories rarely bother to fix those problems, preferring to reopen under a new name.         

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Lorillard CEO To Get Millions After Reynolds Merger

October 20, 2014 1:00 pm | by Michael Felberbaum, AP Tobacco Writer

Regulatory filings show the CEO of Newport cigarette maker Lorillard Inc. is set to receive more than $44 million following the planned $25 billion merger with Reynolds American Inc.                   

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U.S. Agency Warns Car Owners About Air Bags

October 20, 2014 12:55 pm | by The Associated Press

U.S. safety regulators are warning owners of more than 4.7 million vehicles that have been recalled for air bag problems to get them repaired immediately.                           

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IBM To Shed Its Costly Chip Division

October 20, 2014 9:44 am | by Michelle Chapman, AP Business Writer

IBM will pay $1.5 billion to Globalfoundries in order to shed its costly chip division.                                               

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Microsoft CEO Launches Diversity Training Effort

October 20, 2014 9:39 am | by Brandon Bailey, AP Technology Writer

Still working to repair damage caused by his gaffe about women seeking pay raises, Microsoft CEO Satya Nadella has again apologized to employees and announced in a company-wide memo that all workers will receive expanded training on how to foster an inclusive culture.

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Electrolux Buoyed By U.S. Growth

October 20, 2014 9:33 am | by The Associated Press

Growth in the U.S. and efficiency gains in Europe helped Swedish home-appliance maker Electrolux post a 42 percent jump in third-quarter profits.                              

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