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GM CEO Talks Strategy To Grow Profit Margins

October 1, 2014 | by Tom Krisher, AP Auto Writer | Comments

General Motors CEO Mary Barra told investors Wednesday that GM will rely on new models and a big push to sell more cars in China to boost profits in coming years, as the company tries to shift the spotlight from a mishandled recall of older small cars.

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Mid Day Report

Daily news and top headlines for IT professionals

Windows 10 Blends New With Familiar

October 1, 2014 9:54 am | by Brandon Bailey, AP Technology Writer

Microsoft is trying to soften an unpopular redesign of Windows by reviving features from older versions while still attempting to nudge desktop users into a world of touch screens and mobile devices.               

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Truck Deals Help Boost U.S. Auto Sales

October 1, 2014 9:45 am | by Dee-Ann Durbin & Tom Krisher, AP Auto Writers

September sales won't be as hot as August, the best month in eight years, but industry analysts still expect them to be strong.                                   

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Ford Adding 1,000 New Jobs To Build Crossover SUV

October 1, 2014 9:37 am | by The Associated Press

Ford Motor Co. of Canada says it is adding 1,000 jobs at its plant in Oakville, Ontario, by the end of this year to build the 2015 Ford Edge crossover SUV for the global market.                     

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Feds Say Hackers Targeted Microsoft, Game Developers

October 1, 2014 9:30 am | by Randall Chase, Associated Press

Two members of an international hacking ring that gained access to a U.S. Army computer network while targeting computer giant Microsoft and several video game developers pleaded guilty to conspiracy charges Tuesday in federal court in Delaware.

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CA Governor Expected To OK Plastic Bag Ban

October 1, 2014 9:24 am | by Fenit Nirappil, Associated Press

California Gov. Jerry Brown has indicated that he is likely to sign a bill imposing the nation's first statewide ban on single-use plastic bags as a way to address litter, primarily in waterways.               

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Death Toll From GM Ignition Switches Increases To 23

September 30, 2014 11:48 am | by The Associated Press

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

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Microsoft To Offer Early Look At Next Windows

September 30, 2014 9:52 am | by Brandon Bailey, AP Technology Writer

Microsoft plans to offer a glimpse of its vision for Windows this week, as its new CEO seeks to redefine the company and recover from missteps with its flagship operating system.                     

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EU Investigating Illegal Apple Tax Benefits

September 30, 2014 9:47 am | by Juergen Baetz, Associated Press

Ireland appears to be granting Apple illegal tax rebates that may have to be recouped, the European Union's competition watchdog said Tuesday as it pressed on with an inquiry into the iPhone maker's overseas tax practices.        

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Court-Ordered Ads Challenged By Firms

September 30, 2014 9:42 am | by Michael Felberbaum, AP Tobacco Writer

The nation's largest tobacco companies are challenging court-ordered advertisements requiring the cigarette makers to say they lied about the dangers of smoking.                         

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Toyota Recalls Pickups To Fix Rear Springs

September 30, 2014 9:37 am | by The Associated Press

Toyota says it is recalling 690,000 Tacoma pickup trucks because the rear leaf springs could break, puncture the gas tank and cause a fire.                               

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Bill Gates Ranked Richest American By Forbes

September 30, 2014 9:34 am | by Mae Anderson, Associated Press

Microsoft co-founder Bill Gates topped Forbes' latest list of the 400 richest Americans for the 21st straight year.                                       

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Ford Lowers European Outlook, Shares Drop

September 30, 2014 9:29 am | by The Associated Press

Ford shares tumbled Monday after the automaker said it will fall short of its full-year profit goals.                                           

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China Manufacturing Growth Low In September

September 30, 2014 9:25 am | by The Associated Press

China's manufacturing activity in September held steady at the previous month's low level, indicating the world's second-largest economy faces risks to growth, a survey showed Tuesday.                   

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Johnson & Johnson Buying Alios

September 30, 2014 9:21 am | by The Associated Press

Johnson & Johnson is buying the biopharmaceutical company Alios BioPharma Inc. for about $1.75 billion.                                         

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Schneider Electric To Acquire InStep Software

September 30, 2014 9:17 am | by Schneider Electric

Schneider Electric, the global specialist in energy management, has entered into an agreement to acquire InStep Software, a leading provider of real-time performance management and predictive asset analytics software and solutions.     

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Recipients Of $450M Job-Driven Training Grants Announced

September 29, 2014 1:29 pm | by U.S. Department of Labor

The grants will provide eligible institutions of higher education with funds to partner with employers to expand and improve their ability to deliver education and career training programs that will help job seekers get the skills they need for in-demand jobs in industries like information technology and advanced manufacturing.

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Lenovo Plans Expansion After IBM Acquisition

September 29, 2014 1:19 pm | by Joe McDonald, AP Business Writer

Lenovo Group has received U.S. and European approval to complete its acquisition of IBM Corp.'s low-end server business and plans to use it to grow faster outside its personal computer business, Lenovo's chairman said.         

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Safety Agency Monitoring Toyota Acceleration Problem

September 29, 2014 1:15 pm | by Tom Krisher, AP Auto Writer

A U.S. safety agency is looking into a consumer's petition alleging that older Toyota Corollas can accelerate unexpectedly at low speeds and cause crashes.                           

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Harley Issues Recalls

September 29, 2014 1:11 pm | by The Associated Press

Harley-Davidson is recalling some motorcycles due to clutch and fuel tank issues.                                                 

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U.S. Consumer Spending Up In August

September 29, 2014 10:16 am | by Martin Crutsinger, Associated Press

Americans boosted spending by a healthy amount in August, offering welcome evidence that the economy is on solid footing heading into the final quarter of the year.                         

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