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Chrysler Recalls Over 792K Jeeps For Ignition Switch Defect

July 23, 2014 | by The Associated Press | Comments

The ignition switch defects that engulfed General Motors are now a rapidly growing problem at Chrysler.                                          

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Mid Day Report

Daily news and top headlines for IT professionals

Ford: New F-150 Can Compete With Rivals

July 23, 2014 9:35 am | by The Associated Press

Ford says its aluminum-sided F-150 pickup will hold its own against rivals despite its lighter weight.                                           

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Investigators: Overloaded Bins Caused Collapse

July 23, 2014 9:30 am | by Josh Funk, Associated Press

Overloaded storage bins on the roof of an Omaha livestock feed manufacturer's plant caused the building collapse that killed two people in January, federal investigators said Monday.                   

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Saltwater Spill Cleanup Could Take Years

July 23, 2014 9:28 am | by The Associated Press

The site where an underground pipeline leaked 1 million gallons of saltwater into the North Dakota badlands earlier this month could take years to clean up, an official of Native American tribes involved in the cleanup said Monday.     

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Gun Law Forces Beretta Out Of Maryland

July 23, 2014 9:25 am | by The Associated Press

Beretta U.S.A. announced Tuesday that company concerns over a strict gun-control law enacted in Maryland last year have made it necessary to move its weapons making out of the state to Tennessee.               

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Design Will Be Central To Microsoft's Future

July 22, 2014 9:48 am | by Ryan Nakashima, AP Business Writer

Microsoft is putting an emphasis on design excellence more than ever — to make its products more competitive with offerings from rivals Apple, Google, and Amazon and to prod its hardware making partners to dream up new, more innovative devices. 

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U.S. Craft Breweries See Growth Overseas

July 22, 2014 9:46 am | by Michael Felberbaum, AP Business Writer

Helping to quench a growing thirst for American craft beer overseas, some of the United States' largest craft breweries are setting up shop in Europe, challenging the very beers that inspired them on their home turfs.         

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Lawmakers Face Long To-Do List

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

With just two weeks before lawmakers' sacrosanct August break, progress is decidedly mixed on several must-pass items due to Capitol Hill partisanship and heightened by midterm elections.                  

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BlackBerry Appoints New COO

July 22, 2014 9:36 am | by The Associated Press

BlackBerry has appointed Marty Beard, the former chief executive of LiveOps, Inc. as its new chief operating officer.                                      

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Judge Says FDA Can't Use Tobacco Panel Menthol Report

July 22, 2014 9:33 am | by Michael Felberbaum, AP Tobacco Writer

The Food and Drug Administration can't use an advisory panel's 2011 report on menthol cigarettes because its members had conflicts of interest, a federal judge ruled Monday.                      

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Unilever Closing Ice Cream Factory In Florida

July 22, 2014 9:30 am | by The Associated Press

Consumer-goods giant Unilever is closing an ice cream factory in the Tampa Bay area and laying off roughly 210 people.                                     

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GM Delayed Another Recall

July 21, 2014 1:18 pm | by The Associated Press

General Motors knew of ignition switch problems with 6.7 million midsize and large cars for 11 years, yet it failed to warn customers with a recall until last month, according to documents posted by federal safety regulators.       

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Allergan To Cut 1,500 Jobs

July 21, 2014 1:15 pm | by Tom Murphy, AP Business Writer

Botox maker Allergan will cut about 13 percent of its workforce, or roughly 1,500 employees, as part of a push to become more efficient and productive.                             

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RJ Reynolds To Fight $23.6B Verdict

July 21, 2014 1:12 pm | by Jennifer Kay, Associated Press

The No. 2 U.S. cigarette maker is vowing to fight a jury verdict of $23.6 billion in punitive damages in a lawsuit filed by the widow of a longtime smoker who died of lung cancer.                     

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Private Jet Recovery From Recession Uneven

July 21, 2014 1:09 pm | by Stephen Singer, AP Business Writer

The improving market has not been universal. Signs of strength have been in large-cabin planes, while sales of small and mid-sized planes stall.                               

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McDonald's, KFC Face Food Scandal In China

July 21, 2014 1:07 pm | by Joe McDonald, AP Business Writer

McDonald's and KFC in China faced a new food safety scare Monday after a Shanghai television station reported a supplier sold them expired beef and chicken.                           

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Severstal Selling U.S. Plants For $2.3B

July 21, 2014 9:36 am | by The Associated Press

Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion.                             

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FBI Issues Warning For Unapproved Air Conditioner Coolant

July 21, 2014 9:34 am | by Pamela Sampson, Associated Press

As the U.S. tries to phase out a polluting refrigerant that is used in millions of air conditioners across the country, unapproved coolant is popping up on the market — with potentially dangerous consequences.           

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Subaru Sued Over Dangerous Auto Defect

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

The lawsuit alleges violations of the state's consumer fraud act, breach of express warranty and other violations. It says piston rings in the vehicles wear out quickly and some vehicles burn excessive amounts of oil.         

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Judge: Chinese Drywall Maker In Contempt

July 21, 2014 9:27 am | by Kevin McGill, Associated Press

A federal judge has ordered a China-based maker of drywall to pay $55,000 in penalties and attorney fees — and to stop doing business in the United States — as punishment for refusing to take part in court proceedings over harm allegedly done by the product.

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Boeing Procurement Officer Pleads Guilty To Fraud

July 21, 2014 9:24 am | by Jim Salter, Associated Press

A former procurement officer for The Boeing Company in St. Louis pleaded guilty Friday to federal fraud charges for his role in a bribery and kickback scheme involving military aircraft parts sold to Boeing.             

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