How GM changed its trajectory by bringing IT in-house

General Motors increased productivity tenfold by transitioning IT operations from 35 vendors to an in-house operation starting in 2012, according to Randy Mott, GM's global chief information officer. The changes mean GM has deep visibility into product profitability, is shipping more IT projects and is able to focus on innovation.

"College Hazing Poll" reveals student views

While 66% of college students call hazing "a serious problem," 52% of them say they don't believe it can be eliminated from campuses, according to a new survey by NBC News and SurveyMonkey. Federal lawmakers are working to advance the REACH Act, which would require colleges and universities to report hazing and implement programs to educate students.

Fed interest rate hike expected in Dec.
CNBC

The Federal Reserve is likely to raise interest rates in December, according to 76% of respondents to a recent CNBC Fed Survey. The Fed is currently facing challenges caused by low inflation rates, as asset prices are growing quickly while goods and services prices are sluggish, according to Point Loma Nazarene University Chief Economist Lynn Reaser.

Harris Teeter bolsters e-commerce with new recipe site

Kroger banner Harris Teeter has teamed with omnichannel platform provider Myxx to roll out a website that allows customers to look for recipes and populate shopping lists from the recipes they find. The new site also lets shoppers send the recipe-based grocery lists to Harris Teeter's ExpressLane e-commerce service and place orders for in-store pickup or delivery.

Study: 2-week diet breaks may boost weight loss

A study in the International Journal of Obesity found obese men who took two-week breaks from their diet lost more weight than those who followed the diet continuously. Researchers said continuous calorie restriction may reduce resting metabolism to a point where it makes it more difficult to lose weight.

Snapchat woos advertisers, users with real-time sports and weather

Snapchat is investing in licensing agreements to provide its users with real-time sports and weather information, which enables them to provide more context with their social posts, such as virtual scoreboards. The move has also been picked up by advertisers such as Gatorade, which incorporated its branding into high-school football team scoreboards on the platform.

Ford reduces production at 5 plants in US, Mexico

Ford is temporarily shutting production lines at five plants in North America, including three in the US, in response to a slowdown in auto sales and an increase in inventory. Tens of thousands of workers will be laid off for one to three weeks.

Report: Companies boost security budgets as data breach costs rise

Data breach costs in North America have climbed to $1.3 million for large companies and $117,000 for small- and midsize businesses, a Kaspersky Lab and B2B International report states. The primary costs for enterprise recovery come from paying additional staff wages and a decrease in business, but the report notes that most firms are boosting their IT security budgets to handle increasing infrastructure complexity.

Orphan drug status granted to Amylyx's sclerosis drug
Reuters

The FDA granted orphan drug status to Amylyx Pharmaceuticals' AMX0035, which is being developed as a treatment for patients with amyotrophic lateral sclerosis.

Altice's Economy Internet available to Suddenlink, Optimum customers

Altice's low-cost Economy Internet program has now been extended to hundreds of thousands of Suddenlink and Optimum customers across the US. The company is also working with libraries and community centers to provide free high-speed broadband service to the public.

Homebuilder confidence falls amid storms, labor shortages
CNBC

Homebuilder confidence scores fell three points in September according to the National Association of Home Builders/Wells Fargo Housing Market Index. Members remain concerned about the industry labor shortage and increased material costs after two hurricanes.

GM signs PPAs for 200-MW in Ohio, Ill.

General Motors has signed two 100-megawatt power purchase agreements, one with Starwood Energy's Northwest Ohio project in Ohio, and another with Swift Current Energy's HillTopper wind farm in Illinois, according to the company. GM said that once the projects become operational, 20% of its global electricity needs will be sourced from renewables.

TSA installs automated screening lines at Minneapolis airport

The Transportation Security Administration has installed automated security screening lanes at Minneapolis-St. Paul International Airport's main terminal. The airport is the nation's seventh to receive the technology, which speeds up passenger screening.

American Airlines will match discount fares, CEO says
Bloomberg

American Airlines CEO Doug Parker said the carrier will continue to match fares offered by discount airlines. "We price our product to match the competition," he said.