Millions of jobs are waiting to be filled, but employers say they can't find qualified workers because of "the skills gap." It's not that the United States doesn't manufacture anymore. That's a myth. Companies are ready to grow, but they can't find the labor to take things to the next level.
Fresh industrial production data among a raft of figures shows that China's lukewarm rebound is on track. China's manufacturing sector had been hit earlier in the year by Europe's steep slowdown, but the latest figures show that it is now on the rebound.
The United States may have shifted to a postindustrial economy, but that does not mean the manufacturing sector is dead. Far from it. From coast to coast, manufacturers are making more products, but with fewer people, as the sector makes an improbable rebound after a tough recession.
German engineering giant Siemens unveils a 6 billion euro cost-cutting plan, more than expected, as it fights to stay competitive in a weak global economy. Some German media reports suggest up to 10,000 jobs could go. Siemen's chief Peter Loescher wouldn't confirm the numbers, but said job losses were inevitable.
Can ICT redefine the way we learn in the Networked Society? Technology has enabled us to interact, innovate, and share in whole new ways. This dynamic shift in mindset is creating profound change throughout our society. The Future of Learning looks at one part of that change, the potential to redefine how we learn and educate.
PC-upgrade season is here, and it's out with the old and in with the new. Alongside the Windows 8 release, Intel, and its PC-maker partners are pushing a range of unusual new computing form factors, from convertible tablets to touch desktops. The question is will they sell?
UNICAT manufactures self-contained expedition vehicles for the client craving off-road adventure and a two-month supply of all the modern comforts of home. This heavy duty vehicle can get about 8 miles per gallon while going 60 miles per hour. With 200 gallons of on-board fuel, that means drivers can go 1,600 miles without refueling.
Mattel's Hot Wheels starts with a germ of an idea and rough sketches when designing a real car capable of death-defying stunts, says Alec Tam, Senior Director of Product Design. After choosing a winning concept, designers use 3-D digital modeling to get an accurate picture of what the design will look like in real life. They then turn to rapid prototyping machines before building the real thing.
Youngstown, Ohio has seen decades of decline but locals are starting to see a turnaround. Entrepreneur Magazine named Youngstown one of the top 10 places to start a new business. That is something that would've been unheard of just a decade ago.
Reuters's Daily Digit: 7.4 million - Toyota's unlucky number, reports Reuters' Lisa Yuriko Thomas. Toyota has seen profits jump and hiked forecasts, after shifting 7.4 million vehicles in the first nine months of the year. But that's also the number of cars it recently had to recall.
One Apple retailer didn't let the power outage from Hurricane Sandy slow down sales of the new Apple iPad Mini. Workers at Tekserve in New York City's lower Manhattan sold the devices wearing headlamps. See how they revamped operations post Hurricane Sandy.
The U.S. unemployment rate matches expectations at 7.9 percent, but a job gain of 171,000 far exceeded forecasts. Today's first-day sales of the new iPad Mini see shorter lines than the iPhone release, as critics comment on the inferior screen when compared to its larger sibling. And Google could face another lawsuit from the U.S. government, while the European debt crisis affects people's stomachs.
James Dyson, inventor and founder of the Dyson company, discusses patent infringements with New York Times reporter Steve Lohr. The Dyson company works diligently to not only innovate, but protect that innovation from patent infringement. It's an issue that is as prevalent as its ever been.
This car is pink, but underneath that paint job is a surprisingly good, tiny car by an American auto maker, says CNN Money senior editor Peter Valdes-Dapena. With four doors and a "fairly usable" backseat, the 84 horsepower Chevy Spark is a good option for city dwellers.
Microsoft CEO Steve Ballmer and Dell CEO Michael Dell show off Windows 8 on a new transformable Dell notebook. The new Microsoft operating system will work across all devices—desktops, tablets, phones—but won't be released until next year.
Scientists in the United States who have developed electronics that dissolve inside the body, say they will one day replace conventional materials for use as medical implants. Encased in silk, the electronics could be adapted to monitor infections or deliver drugs before harmlessly melting away in the body.
GM has posted a surprisingly strong third-quarte profit. But the big news is it's expected to break even in Europe by 2015, despite nearly $1.8 billion estimated in full year operating loss in Europe, where it sells its Opal brand. And Facebook stock is falling while Foxconn gives a boost to Apple with its possible future venture with Sharp. All this after the market reopened after its first two-day weather closure since 1888.
A Lithuanian business is looking to kickstart the country's electric car economy by manufacturing its own modified version of a ten-year-old petrol-fuelled Renault Twingo. In a country where fewer than five percent of car-owners buy their vehicles first hand, PB Group say they hope to sell their modified 'Electron Twingo' by the end of the year.
As Apple announces the biggest executive changes in a decade, board director and Reuters columnist Lucy Marcus discusses the motives behind quick corporate reshuffles. How are they made, and how are they executed—both internally and externally?
The latest on Hurricane Sandy and on sectors that stand to benefit or lose from the impact of the storm. The hardest hit sectors of the economy could be retail, utiilties, insurance, and airlines, says Reuters Lisa Bernhard and Dan Burns, U.S. General news editor.