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Apple Bounces Back To Hit A New High

August 20, 2014 | by Michael Liedtke, AP Technology Writer | Comments

Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs.             

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Mid Day Report

Daily news and top headlines for IT professionals

California Drought Stings Bees, Honey Supplies

August 21, 2014 10:14 am | by Terence Chea, Associated Press

California's record drought hasn't been sweet to honeybees, and it's creating a sticky situation for beekeepers and honey buyers.                                   

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Report Compares Food Traceability Regulations Of 21 Countries

August 21, 2014 9:53 am | by Institute of Food Technologists

A new report evaluates the traceability regulations and requirements of 21 countries, including the U.S., Canada and the EU among others.                                 

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UPS Says Retail Stores Breached By Malware

August 21, 2014 9:46 am | by David Koenig, AP Business Writer

Some customers of The UPS Store may have had their credit and debit card information exposed by a computer virus found on systems at 51 stores in 24 states.                           

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Survey Indicates Eurozone Growing Slowly

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

A survey of business activity shows the economy of the 18-country eurozone grew at only a slow pace in August, a sign it remains sluggish after a disappointing second quarter in which it did not expand at all.           

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Applications For U.S. Unemployment Aid Fall

August 21, 2014 9:32 am | by Paul Wiseman, AP Economics Writer

Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving.                                         

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Chip Maker Infineon To Buy California Firm For $3B

August 20, 2014 1:29 pm | by The Associated Press

German chip maker Infineon Technologies AG says it has agreed to pay $3 billion in cash for California-based International Rectifier, which produces power-management components used in everything from cars to satellites.         

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Fortune Brands To Sell Window Business

August 20, 2014 1:23 pm | by The Associated Press

Fortune Brands Home & Security Inc. said Wednesday that it has agreed to sell its Simonton Windows business to building products maker Ply Gem Holdings Inc. for about $130 million.                   

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12 Japanese Firms Fined In Auto Price Probe

August 20, 2014 1:16 pm | by Joe McDonald, AP Business Writer

China announced Wednesday it will fine 12 Japanese auto parts suppliers a total of $202 million for colluding to raise prices in an unfolding anti-monopoly probe of the country's auto industry.                 

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Nut Butters Recalled For Salmonella

August 20, 2014 9:34 am | by The Associated Press

A unit of Hain Celestial Group Inc. is recalling some peanut and almond butter because of possible salmonella contamination.                                    

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Safety Agency Offers Online Recall Service

August 20, 2014 9:30 am | by The Associated Press

The U.S. government is offering a free online service for drivers to find out if their vehicles have been recalled but not repaired.                                 

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How 1 U.S. Factory Owner Fought Cheap Imports

August 20, 2014 9:25 am | by Christopher S. Rugaber, AP Economics Writer

Much of U.S. manufacturing has been decimated in the past decade by less expensive imports from China, but it didn't necessarily have to be that way, according to a compelling new book by journalist Beth Macy.           

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Frack-Quakes Less Intense

August 20, 2014 9:22 am | by Seth Borenstein, AP Science Writer

Man-made earthquakes, a side effect of some high-tech energy drilling, cause less shaking and in general are about 16 times weaker than natural earthquakes with the same magnitude, a new federal study found.             

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Grand Opening Set For First Large Cellulosic Plant

August 20, 2014 9:16 am | by David Pitt, Associated Press

Iowa, the nation's top ethanol producer, has two major cellulosic plants under construction and nearly ready for production using corn plant leaves, stalks and cobs to make ethanol.              

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Defense Grills Plant Manager In Salmonella Trial

August 20, 2014 9:14 am | by Kate Brumback, Associated Press

A defense attorney grilled a key prosecution witness in the trial of three people charged in a deadly salmonella outbreak.                                     

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4 At Slaughterhouse Behind Beef Recall Indicted

August 19, 2014 1:16 pm | by Sudhin Thanawala, Associated Press

A Northern California slaughterhouse involved in a massive beef recall processed cows with cancer while U.S. livestock inspectors took lunch breaks and later distributed the diseased cattle, according to federal charges announced Monday.   

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Accident At Northern New York Plant Has Lethal Results

August 19, 2014 1:11 pm | by The Associated Press

Authorities say a 28-year-old man has been killed in an accident involving heavy equipment being moved at a northern New York manufacturing plant.                             

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Egypt Picks Consortium To Draft Suez Plan

August 19, 2014 1:07 pm | by Maggie Michael, Associated Press

Egypt selected a consortium of Egyptian and the Persian Gulf companies Tuesday to develop the government's mega project to transform the Suez Canal waterway into a hub of international investment and free trade zones.         

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Emerging Solar Plants Scorch Birds In Mid-Air

August 19, 2014 1:04 pm | by Ellen Knickmeyer and John Locher, Associated Press

Workers at a state-of-the-art solar plant in the Mojave Desert have a name for birds that fly through the plant's concentrated sun rays — "streamers," for the smoke plume that comes from birds that ignite in midair.     

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Google's IPO Launched A Decade Of Big Bets

August 19, 2014 9:28 am | by Michael Liedtke, AP Technology Writer

Google's IPO, a decade ago this week, launched the company on a trajectory that continues to reshape its business and much of the world in its orbit.                             

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Brita Recalls Children's Water Bottles

August 19, 2014 9:24 am | by The Associated Press

Brita is recalling approximately 242,500 children's water filter bottles due to a possible laceration hazard.                                         

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