On March 1, across-the-board spending cuts, known as sequester, will hit the federal budget. The sequester is designed to get the deficit under control, economists argue that the cuts are too deep. Scott Pelley speaks with President Obama on whether the sequester could trigger a recession.
To the casual observer, the Swinging Blind Juggler could be an elaborate piece of modern sculpture, or part of an intricate game. But it is neither. The juggler is part of an experiment to test mathematical algorithms that could one day allow the next generation of robots to walk.
This rare 1968 'Green Hornet' Mustang was used as an experimental car to test parts for Shelby performance cars. A new fuel injection system, disk brakes, and rear independent supsension are a few of the things Shelby was testing in this car. The car failed to sell at Barrett-Jackson but bidding went up to $1.8 million.
A new joint venture hopes to bring not only flying cars, but also personal-sized utility saucer-shaped vehicles to consumers by 2014. Skycar 200 is designed for short distance, low-level flight and then it can be driven down a street at 30 MPH. KCRA's Tom DuHain reports for NBC News.
'Glowing lanes' on highways could spell the end of costly street lighting, according to a Dutch designer. Daan Roosengaarde's 'Smart Highway' involves photoluminescent paint markings on roads that are charged in sunlight and glow at night to denote lanes. Reuters' Jim Drury reports.
Dell decides to go private, the latest move by Michael Dell to take the computer company he founded to new heights. Like all good tech stories, Dell started in a college dorm room where Michael Dell would build computers and sell them directly to his classmates. Here is a look at how Michael Dell built his company.
The Crown, Toyota's oldest sedan still in production is a symbol of proud tradition. It's conservative evolution over the years has been typical for a company known more for being reliable than racy. But it's newest version is a sign of changes to come.
Air India continued to fly some of its 787 Dreamliner jets after the United States and other countries grounded the fleet as the probe into the aircraft's battery problems continues. Travel editor Peter Greenberg speaks to the "CBS This Morning" co-hosts about why some 787s are still allowed to fly.
Workers are cranking out precision machine parts at the Komo Manufacturing plant in Lakewood, New Jersey now that the work has returned from China. Skilled manufacturing jobs are returning to the United States, as labor costs rise abroad and quality concerns permeate the market.
The stock market is now back at pre-recession levels at a five-year high and unemployment is at a five-year low. CNBC's Jim Cramer talks about whether we're back on solid footing or looking at a short-lived bubble in this video from NBC's Today show.
Before a brand new General Motors car or truck goes to a dealer, the company has to "beat the heck out of a vehicle before the customer can" on a proving ground, where vehicles are smashed, weathered, and driven to the extreme, says James Bell, V.P. of GM Consumer Affairs.
The 1971 Hemi 'Cuda convertible was considered the most desirable - and most valuable - of all American muscle cars. Only 11 of them were produced that year. 'Cudas in good condition can be worth millions of dollars. After this 'Cuda was stolen and discovered in 2001, it was fully restored with original parts and painted 'Plum Crazy' color - take a look.
As devices get smaller and smaller, tech companies are looking for the next innovation that will keep consumers coming back for more. IBM Fellow and Vice President of Innovation Bernie Meyerson offers five new innovations that could change our lives within the next five years.
Take a look inside a Wilson Football factory in Ada, Ohio where the official Super Bowl game balls are made. This Wilson Sporting Goods factory produces over 700,000 game footballs a year and has been making footballs at this location since 1955.
CEO Thorsten Heins, tasked with turning around the company, discusses the new phone and his future plans. The new Z10 features a virtual keyboard, and while a new Blackberry with a qwerty keyboard is coming, Heins says Blackberry has a "very loyal customer base" that won't mind waiting.
Since 2006, the smartphone landscape has undergone seismic changes. Now, a former industry leader is looking to regain customers. CNET.com's Sumi Das reports RIM is making a gamble with their new Blackberry 10 operating system in a move to stay relevant.
Dow Chemical CEO and chairman Andrew Liveris says advanced manufacturing is coming back to America and will drive our economy. Liveris argues that technology became the new word for manufacturing since technology has to be researched and made.
At the World Economic Forum, Cisco CEO John Chambers says it is easier to do business in Canada and Russia than in the U.S. He says that other countries "get" how important it is to attract business, favorable tax policy, and working together with businesses to achieve goals. He also says that, right now, the U.S. is not country that attracts business.
University of Michigan Chemical Engineering Professor Levi Thompson discusses the grounding of the Boeing 787 jets due to battery malfunction. Thompson explains how overheating of Lithium Ion batteries could cause leaking of fluids, which may lead to ignition. For more information visit http://www.engin.umich.edu.
Take a rare behind-the-scenes tour of the Mars chocolate factory in Hackettstown, New Jersey and see how the colorful M&M's candies are made. A chocolate paste is created and then refined, mixed with more ingredients, shaped, and coated. About two million M&M's are created every eight hours, says Brian Suwalksi, site director at the Mars Hackettstown plant.