NBC News contributor and formed chief economist to Vice President Biden, Jared Bernstein discusses the big debate over the benefits of raising the minimum wage to $9 an hour. A new poll finds wide support for raising the minimum wage by a nearly 3:1 margin.
Ford's Americas President Joe Hinrichs talks with CNNMoney about Ford's plan to bring manufacturing back to the United States, Ford's eco-boost engine overcapacity in Europe, and the growing North American demand for the eco-boost engines. This growing demand for fuel-efficient vehicles has prompted Ford to expand engine production in the U.S., adding 450 jobs at one of the company's Ohio plants.
French workers have hit back at scathing comments made about them by an American tycoon. Maurice Taylor, the CEO of U.S. tire company Titan International told France's industry minister in a letter published by French media that he didn't want to take over a struggling tire plant as the workforce ''works only three hours.''
PlanetSolar is the first boat to travel around the world on sunlight alone. Christian Ochsenbein, the on-board electrical engineer during the 19-month journey, shows off the yacht's power system. For more information visit http://spectrum.ieee.org.
The Toyota Avalon has always been a bit of a snooze, but the 2013 is actually not as boring as its predecessors. CNNMoney's David Valdes-Dapena reports that the new model is still a big, comfortable car but now it also is a nice drive as well. Take a look.
Using small explosions produced by a mix of methane and oxygen, researchers at Harvard have designed a soft robot that can leap as much as a foot in the air. That ability to jump could one day prove critical in allowing the robots to avoid obstacles during search and rescue operations following a disaster.
CNNMoney took a Tesla Model S sedan on a test drive from Washington D.C. to Boston, testing both the car and Tesla's supercharger network. The all-electric car drove 450 miles with two stops to recharge at Tesla's Supercharger stations in Delaware and Connecticut.
There's no arguing that Apple set the standard for modern mobile devices with the iPhone and the iPad. It didn't take long after those products launched for competitors to rush out their own copycat devices. Competitors have built upon the foundation Apple laid in mobile and are now leapfrogging it with features you can't find on iPhones and iPads.
As part of National Engineers Week, AMT partnered with the SME Education Foundation, Gardner Business Media, and Modern Machine Shop magazine to produce a video titled "Women in Engineering," featuring Becky Miller, a Quality Control Engineer at GE Aviation. The purpose of this video is to educate young women about the possibilities offered by a career in manufacturing.
It's been a rough few years for Blackberry, watching as its phones lost market share to the likes of Apple and Samsung. Trying to reverse its fortunes, the Canadian company overhauled its hardware and software, and the result is the Blackberry Z10. Here's a breakdown of the first BlackBerry 10 device that shows the Z10's costs are competitive with Apple's iPhone.
Not a lot of love for Apple right now - more hedgefunds are reporting that they've dumped their shares as Apple deals with another patent fight, this time with Brazil. Apple is requesting a review of the iPhone trademark while Google prepares to take center stage later this year.
During his State of the Union address, President Obama said "our first priority is making America a magnet for new jobs and manufacturing." And, as CBS News' Major Garrett reports, the president toured a factory in North Carolina to drive that message home.
Inside a newly reopened Chrysler plant in Detroit, a car revs to life. Despite its status as the Motor City, Detroit has only two automobile plants entirely within the city limits. One is Chrysler’s Conner Avenue Assembly Plant, which reopened in December after being closed for more than two years during the automaker’s bankruptcy.
At a recent additive manufacturing, or 3D printing, showcase at Penn State, engineers demoed some of the latest technology in the field. Hear from experts about how 3D metal printing may change manufacturing in the United States, and what challenges it faces.
Automakers in Japan are developing new "microcars" that fit only a driver. Toyota is currently testing a microcar (or ultra compact car) made of aluminum that can reach top speeds of 30 MPH. Targeting older drivers who don't need to go far, these electric cars can be handy. Lucy Craft reports.
During 2012, the Forum built on the findings of the Future of Manufacturing report with the Manufacturing for Growth project, creating a platform for business executives, policy-makers and members of civil society to identify key strategies and recommendations for driving economic growth and job creation through the production of goods.
Apple's CEO addresses the company's cash pile and outlook at a conference, while Facebook suffers a pair of downgrades. And Google is teaming up with an unlikely partner, General Electric, and it will become integrated into several GE applications.
More than 75 years after the Hindenburg disaster, airships could be taking off again. Worldwide Aeros' calls its new blimp the evolution of air transport as it waits for FAA approval to take its aeroscraft for a test flight outside the hangar. CBS News' Bill Whitaker explains.
This episode of IMTSTV In Brief features an interview with Mike Powell, President of Master WorkHolding, as he discusses ways that businesses can use turnkeys to find success. Turnkeys are making inroads in the manufacturing technology industry and Powell says he is seeing a rise in requests for turnkey solutions. by For more information, visit www.IMTS.com.
NBC News host, JJ Ramberg, discusses the hiring climate, and why many small businesses have been reluctant to add staff. The drawn out process for resolving the fiscal cliff hurt some confidence while the threat of massive automatic cuts have already started to affect business decisions.