Microsoft's $7 billion deal to buy Nokia's cellphone business has investors wondering if the software giant can finally stake a claim in the mobile phone industry. A source of national pride, Finland's Nokia Corp. had led the cellphone industry for more than a decade, reaching a peak of 40 percent market share in 2008.
As students go back to school, CBS News' Mo Rocca explores that classic writing instrument: the pencil. He introduces us to David Rees, who has written the book on sharpening pencils, and brings us to Pencil City USA to learn how pencils are made.
Stocks initially rose after a new report signaled the country's manufacturers are getting stronger. A jump in orders helped Unites States factories expand in August at the fastest pace in more than two years.
South Korean researchers have developed an electric car that folds in half for easy parking. Named for the armor-covered mammal of the same name, the 'Armadillo-T' is a two-seater prototype vehicle that is designed for commuters in busy urban areas. Reuters' Rob Muir has more.
Walmart SVP Michelle Gloeckler explains her company's $50 billion effort to sell more American made goods over the next ten years. Even if Walmart is successful in getting key retailers and suppliers on board, experts say it won't rejuvenate the U.S. manufacturing industry. But the movement could help stem the tide of jobs flowing to China and elsewhere that has been occurring in the last two decades.
For the first time, Ford Fusion vehicles are being built just outside Detroit, a positive sign that the automotive industry is bringing production back to the United States. The company's Flat Rock, Mich., plant near Detroit will start making the Fusion Thursday. Ford hired a second shift of 1,400 new workers to make the Fusion at the plant, which also makes the Mustang sports car.
'Cheetah Cub' is a robot being developed by scientists in Switzerland, to one day assist in search and rescue missions. The machine does not yet have a head, but otherwise looks and runs like a cat, to go into places inaccessible or too dangerous for humans. Reuters' Jim Drury has more.
The new Mini Cooper Paceman is a two-door crossover SUV that features a turbo-charged engine, four-wheel drive, and a spacious interior. While it could be considered a "less practical, SUV," losing two doors completely changes the character of the vehicle, says CNN's Peter Valdes-Dapena.
A nature reserve in central Hungary has become a testing ground for self-contained, solar-powered train travel. Engineers say the narrow gauge train is the first of its kind and could become a template for larger train transport systems. Reuters' Matthew Stock reports.
Nissan announced that the company's engineers have been carrying out intensive research on the technology for years, alongside teams from the world's top universities, including MIT, Stanford, Oxford, Carnegie Mellon and the University of Tokyo. Executive Vice President Andy Palmer gives all the details on Nissan's 20-20 vision.
Nissan announces a 2020 autonomous drive timetable for bringing the high-technology cars to global markets. Nissan announced that the company's engineers have been carrying out intensive research on the technology for years, alongside teams from the world's top universities, including MIT, Stanford, Oxford, Carnegie Mellon and the University of Tokyo.
A leading indicator shows a fresh spike in manufacturing activity, but with debt pressures lingering and the country on a slower growth track, economists remain cautious on China's outlook. China's manufacturing slowdown stabilized in August in another possible sign the world's second-largest economy is improving, a survey showed.
Watch the new episode of IMTSTV IN BRIEF: MTConnect Leadership Award for the status and future of MTConnect from the award recepient. John B. Byrd III, former president of AMT, The Association For Manufacturing Technology, received the MTConnect Leadership Award at the 2013 [MC]2 Conference. John answers some very important questions on the status and future of MTConnect.
Gary, Indiana is far from its glory days when it was a thriving steel town. The official unemployment number is close to 10 percent, but today, the mayor of this rust belt small town is literally getting her hands dirty in hopes of revitalizing it.
Ford Automotive has unveiled what it says is an industry-first detection technology that uses high-resolution cameras to detect and eliminate dirt particles on a freshly-laid coat of paint. The company’s F-Series trucks are the latest vehicles to benefit from the technology, which Ford claims can detect particles smaller than a grain of salt.
Hewlett-Packard is a top Dow stock this year, with shares up 80 percent, even though HP is really struggling in some core markets, such as PCs and printers. But investors seem to love Meg Whitman's turnaround strategy. Can the comeback continue?
Economics isn't all that complicated. We can create a million new American jobs this year by simply looking for the Made In America label. If each of us takes a tiny fraction of the money we're already spending and buys U.S.-made goods, we'll create a economic tidal wave. Watch the video, and then share it. Boom, you just helped make a million new jobs.
e-David uses visual feedback to create different kinds of paintings. A standard robot equipped with all necessary means for painting - five different brushes can be used, color can be selected from a repository with 24 colors, brushes can be cleaned, and colors can be distributed precisely on the canvas.
The Chevrolet Corvette has always had a sort of image problem; it's been seen as a blue collar performance car and not a 'real' sportscar. Well, that hasn't been true in a very long time. The 2014 Chevrolet Corvette Stingray just might finally get the Corvette the recognition it deserves.
Tesla says that its battery powered Model S has set a record for the lowest likelihood of injuries to occupants in recent crash tests. The electric car company, based in Palo Alto, California and led by billionair Elon Musk, said the Model S exceeded the safety score of all cars and trucks on U.S. roads.