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Study Reveals Cars And Trucks Mostly Likely To Kill You

January 30, 2015 | by Jon Minnick, Associate Editor | Comments

A recent study by the Insurance Institute for Highway Safety (IIHS), which looked at large-sales volume vehicles between the 2008 and 2011 model years, indicates that small, cheap cars are the most risky in a serious accident.       

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Mid Day Report

Daily news and top headlines for IT professionals

Sunbeam Recalls Space Heaters That Can Spray Hot Oil

January 30, 2015 10:05 am | by The Associated Press

Sunbeam is recalling about 34,000 Holmes-branded space heaters because they can spray hot oil and possibly cause household damage or injuries.                               

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FACT CHECK: Both Sides In Keystone XL Debate Bend Facts

January 29, 2015 11:45 am | by Dina Cappiello, Associated Press

Supporters of the Keystone XL pipeline say the project  is a critically needed piece of infrastructure, while critics argue that it could be devastating to the environment. It is hard to tell who is right, but when forming an opinion everyone is entitled to the facts, so here are a few important fact checks on claims used by both sides of the argument. 

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U.S. Jobless Claims Fall To 15-Year Low

January 29, 2015 11:39 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

The U.S. Department of Labor announced Thursday the number of applications for unemployment aid fell by 43,000 last week.                                     

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BP To Sell Part Of Its Gulf Of Mexico Stake To Chevron

January 29, 2015 10:45 am | by The Associated Press

BP is selling part of its stake in an emerging oil-producing region in the Gulf of Mexico to Chevron, and the two companies, along with Conoco Phillips, will work to develop the fields together.                

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Fed Sees Strengthening Economy, Stays 'Patient' On Rates

January 29, 2015 10:41 am | by Martin Crutsinger, AP Economics Writer

The Federal Reserve's outlook for the U.S. economy is steadily brightening. Yet the Fed will be "patient" in raising interest rates from record lows.                             

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Mobile Provider TracFone To Pay $40M In Federal Settlement

January 29, 2015 10:05 am | by Jennifer C. Kerr, Associated Press

The nation's largest prepaid mobile provider, TracFone Wireless, will pay $40 million to settle government claims that it misled millions of smartphone customers with promises of unlimited data service.             

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Shareholders OK Tobacco Firm Reynolds' Deal To Buy Lorillard

January 29, 2015 9:57 am | by Michael Felberbaum, AP Tobacco Writer

Camel cigarette maker Reynolds American Inc.'s planned $25 billion takeover of Newport seller Lorillard Inc. is moving forward after shareholders approved the deal at special shareholder meetings Wednesday.             

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Toyota Recalls 52,000 Avalon Sedans For Fire Risk

January 29, 2015 9:52 am | by The Associated Press

Toyota is recalling 52,000 Avalon sedans because of a wiring problem that could cause a fire.                                             

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Shell To Slash Investment After Oil Price Drop Hurts Profit

January 29, 2015 9:43 am | by Danica Kirka, Associated Press

In a sign of the impact on the oil sector of the slump in energy prices, Royal Dutch Shell Plc said Thursday it plans to cut spending by $15 billion over the next three years amid a drop in earnings.               

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Survey: Businesses Optimistic About First Quarter Hiring, Wages

January 28, 2015 11:31 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

An increased number of businesses expect to hire more employees in the first three months of 2015, according to the latest quarterly survey by the National Association for Business Economics.                 

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Pabst Owner Considers Returning To Milwaukee

January 28, 2015 11:23 am | by The Associated Press

Pabst Brewing Co. could return to the city of its 19th century birth.                                                   

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Mercedes Selects AM General To Produce SUVs In The U.S.

January 28, 2015 10:25 am | by Dee-Ann Durbin, AP Auto Writer

Military and commercial vehicle maker AM General will start making Mercedes-Benz SUVs this summer under a new, multi-year contract with the German automaker.                           

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U.S. Consumer Confidence Jumps To 7 1/2-Year High

January 28, 2015 10:20 am | by Paul Wiseman, AP Economics Writer

The Conference Board reported Tuesday that its consumer confidence index climbed this month to 102.9, highest level since August 2007 — four months before the start of the Great Recession.                 

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Ford Recalls Cars, Vans For Door Latch And Seat Belt Trouble

January 28, 2015 10:15 am | by The Associated Press

Ford is recalling more than 221,000 cars and vans to fix problems with door latches and seat belts.                                           

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Volkswagen, Audi, Porsche Issue Recalls For Fuel Leaks

January 28, 2015 10:09 am | by The Associated Press

Audi, Volkswagen and Porsche are recalling more than 93,500 cars and SUVs worldwide to fix fuel leak problems.                                        

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After Setting iPhone Record, What Does Apple Do Next?

January 28, 2015 10:03 am | by Brandon Bailey, AP Technology Writer

Apple CEO Tim Cook says consumer demand for new iPhones has been "staggering" and "hard to comprehend." That helped the company report record-smashing earnings for its latest quarter and primed its stock for a rally Wednesday.       

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Nissan Recalls SUVs To Fix Electrical Shorts, Hood Latches

January 28, 2015 9:58 am | by The Associated Press

Nissan is recalling nearly 768,000 SUVs worldwide to fix faulty hood latches and electrical shorts that could cause fires.                                     

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Labor Dispute At Ports Could Hamper Railroads

January 27, 2015 11:43 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

A months-long contract dispute at ports along the West Coast could spill thousands of miles inland, where two rail companies are raising concerns about shipping complications.                     

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Supreme Court Rejects Ruling Awarding Lifetime Health Benefits

January 27, 2015 11:31 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

The U.S. Supreme Court has rejected a lower court ruling that awarded lifetime healthcare benefits to union retirees at a West Virginia chemical plant, ordering the court to reconsider the matter.               

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Falling Grain Prices Hit Farm Equipment Manufacturers

January 27, 2015 11:20 am | by Andrew Szal, Digital Reporter, Manufacturing Business Technology

Manufacturers of farm equipment are starting to feel the effects of falling grain prices on farmers' profit margins.                                       

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