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Gas Prices Lead to 'Positive Near-Term Economic Outlook'

March 2, 2015 | by Andy Szal, Digital Reporter | Comments

A new report from the Manufacturers Alliance for Productivity and Innovation anticipates modest economic growth in 2015, in large part due to the impact of lower gas prices on consumer spending.

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Mid Day Report

Daily news and top headlines for IT professionals

Oil Decline Likely To Benefit Food Prices

March 2, 2015 10:59 am | by Andy Szal, Digital Reporter

A recent report found global food prices fell 2.8 percent in late 2014 to their lowest level in four years, with food becoming cheaper in 79 of the 109 nations reviewed by the Economist Intelligence Unit.

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By The Numbers: Manufacturing Group Says EPA Ozone Proposal Still Too Costly

March 2, 2015 10:47 am | by Andy Szal, Digital Reporter

The National Association of Manufacturers lowered its projected price tag for a new limit on ground-level ozone, but said it would remain the costliest regulation in U.S. history.

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Researchers: Monitor Oat Facilities For Mold Toxin

March 2, 2015 10:40 am | by Andy Szal, Digital Reporter

Facilities that process oats should be more closely monitored for potential mold contamination, according to researchers from the University of Idaho.

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Survey Shows China Manufacturing Improving

March 2, 2015 9:36 am | by The Associated Press

China's manufacturing activity improved in February for the first time in four months but export demand weakened, a survey released Monday showed.

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IoT Consortiums Announce Collaborative Agreement

February 27, 2015 10:19 am | by Andy Szal, Digital Reporter

Two nonprofits backing development of the Industrial Internet of Things on Thursday announced a collaboration they say will accelerate standards for connected devices.

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Energy, Manufacturing Companies Look to Women To Address Skills Gap

February 27, 2015 10:08 am | by Andy Szal, Digital Reporter

ExxonMobil will host more than 2,000 students at "Introduce a Girl to Engineering Day" events throughout the next several months as part of a continued effort to bolster the number of women in the industry.

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H-P Report Sparks Concern Among Investors, Industry Observers

February 27, 2015 10:01 am | by Andy Szal, Digital Reporter

Hewlett-Packard's quarterly financial report fell below analysts' expectations this week, which prompted tumbling stock prices and concern from some corners about the PC maker's future.

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FCC Backs Net Neutrality

February 27, 2015 9:52 am | by Andy Szal, Digital Reporter

The Federal Communications Commission voted Thursday to protect so-called "net neutrality" by establishing uniform standards for those using the Internet.

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Report: Federal Agencies Issued Record Fines In 2014

February 27, 2015 9:44 am | by Andy Szal, Digital Reporter

A pair of federal regulatory agencies each levied record fines – particularly against auto companies – in 2014, according to a recent report on recall activity during the year.

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Automakers Hire Rocket Firm To Probe Airbag Problems

February 27, 2015 9:36 am | by Tom Krisher, AP Auto Writer

The auto industry, fed up with slow progress toward finding out why some airbags explode with too much force, has hired a Virginia rocket science company to investigate the matter.

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Sweden's Ericsson Sues Apple In Patent Dispute

February 27, 2015 9:32 am | by The Associated Press

Wireless equipment maker Ericsson is suing Apple for alleged patent infringement.

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Maraschino Cherry Owner Kills Himself Amid Drug Raid On Factory

February 26, 2015 12:46 pm | by Kari Imberg, Associate Editor, Food Manufacturing

The owner of Dell's Maraschino Cherries committed suicide yesterday after his marijuana-growing operation was discovered at the Brooklyn factory.

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Apple Reportedly Poaching Talent For Electric Car Project

February 26, 2015 11:15 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

Reports that Apple is working on a secret electric car project initially prompted skepticism from the auto industry.

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Elon Musk's Solar Company To Use Former Solyndra Buildings

February 26, 2015 11:11 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

SolarCity, the California-based solar power company chaired by tech entrepreneur Elon Musk, will soon set up shop in the property that formerly housed Solyndra.

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EU Investigating Proposed Chocolate Acquisition

February 26, 2015 10:35 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

European Union authorities recently announced an investigation of a proposed deal between agribusiness giants Cargill and Archer Daniels Midland amid concerns over chocolate prices.

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Industry Group Warns Of Vapors At Fracking Sites

February 26, 2015 10:26 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

Workers at shale oil drilling operations on the northern Great Plains could be at risk for serious injury, illness or death from inhaling tank fumes, an industry group warns.

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$100M Settlement For Hundreds In Florida Tobacco Lawsuits

February 26, 2015 10:17 am | by Curt Anderson, AP Legal Affairs Writer

A $100 million settlement has been reached between three major tobacco companies and hundreds of people who sued them in Florida federal court.

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Fiat Chrysler Recalls Midsize Sedans For Transmission Glitch

February 26, 2015 10:08 am | by The Associated Press

Fiat Chrysler is recalling nearly 26,000 midsize cars in North America to fix automatic transmissions that might not shift into park.

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Consumer Reports Releases Its Top Vehicle Picks

February 25, 2015 12:22 pm | by Jon Minnick, Associate Editor

The closely watched annual list of top auto brands and individual vehicles was released this week indicating Consumer Reports’ favorites among the 270 autos recently tested.

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Report: Vitamin Supplement Market Expected To Increase By 60 Percent By 2020

February 25, 2015 10:38 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

A new report expects the global market for vitamin supplements to jump from $37.4 billion in 2013 to nearly $60 billion by 2020.

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