Typically, we hear about the U.S. purchasing goods and materials from overseas. This story highlights the opposite scenario. Jim Dwyer, ‘About New York’ columnist, talks to Louise Story of the New York Times about a Brooklyn manufacturer whose custom luxury fixtures have caught the eye of buyers in China.
"Europe is a concern for all of us worldwide," says Alan Mulally, CEO of Ford. He explains that our economies are extremely interdepedent, and that countries in Europe are in a recession that's continuing to get worse. He also discusses the weakness in the European auto market and the importance of a healthy U.S.-China relationship.
Sundance, Wyoming—population: 1,182, and where the "Sundance Kid" got his name. This sleepy town with no stop lights may see some big changes in the next few years—rare earth elements have been found in the mountains. Economic concentrations of rare earths are rare, and what was discovered appears to be a very significant economic concentration, says Jim Clark, VP of exploration with Rare Element Resources.
Robots and algorithms are getting good at jobs like building cars, writing articles, translating—jobs that once required a human. So what will we humans do for work? Andrew McAfee walks through recent labor data to say: We ain't seen nothing yet. But then he steps back to look at big history, and comes up with a surprising and even thrilling view of what comes next.
Tesla is dealing with a plunging stock price after a sales warning. Tesla is warning that its sales will be lower than expected for this year, citing concerns about lower production of its Model S sedan electric vehicle than the company had originally anticipated. While a very cool, innovative company, Tesla is still an unproven business.
This concept robot was created in response to requests from ABB Robotics' existing customer base to develop robotic solutions for manufacturing environments in which humans and robots would be able to work together. The 14-axis, dual arm robot is the initial output from ABB Corporate Research's initiative for industries requiring new and innovative solutions for their small part assembly operations.
When a squirrel chewed through a cable and knocked him offline, journalist Andrew Blum started wondering what the Internet was really made of. So he set out to go see it -- the underwater cables, secret switches, and other physical bits that make up the net.
The latest iPhone is already sold out in most stores, only about a year after the iPhone 4 came out. UBM TechInsights estimated the iPhone 4 to cost Apple about $203 to manufacture. UBM TechInsights took a look at the iPhone 5 and discovered that it's actually costing Apple a lot less to manufacture than its predecessor, despite having some more expensive components.
In the ongoing debate about globalization, what's been missing is the voices of workers -- the millions of people who migrate to factories in China and other emerging countries to make goods sold all over the world. Writer/reporter Leslie T. Chang explores the lives of workers in China.
A new era of autonomous driving may be drawing nearer following successful trials of the Safe Road Trains for the Environment (SARTRE) project, sponsored by the European Union. Participating companies have just completed a demonstration drive in Sweden, operating a platoon of three autonomously-driven cars at speeds of up to 56 miles per hour.
Elon Musk is being hailed as the next John Rockerfeller because of his ideas and the companies he runs to make those ideas realities. He sat down with Charlie Rose of CBS to talk about the future of space travel and the electric car industry.
How do you differentiate your new smartphone with the coming onslaught of the new iPhone 5? Motorola says that its new RAZRi smartphone is powered by an Intel chip and boasts impressive specs. However, is Motorola's latest offering enough to top iPhone 5 sales? It doesn't look like that's going to be the case.
This 1999 Mercedes Benz CLK GTR looks like a racecar, but it's also legal to drive on the street - just barely. Under the skin is a 700 horsepower V12 engine. The first one of the only 25 ever made, take a look at the car that recently sold at auction for over $1 million.
Nissan chief executive officer Carlos Ghosn sits down with CNN Money and shares his thoughts on China's growing GDP and the current state of the United States and European markets. He has a rather unique and interesting perspective on those subjects.
Take a look at the Audi R8 V10 - an exotic type car that's easier to live with, easier to drive, and just a little bit more affordable, says Peter Valdes-Dapena, senior writer for CNN Money. The $162,000 Audi R8 V10 Spyder has plenty of horsepower in a package that turns heads.
If you're looking for a musical soul mate who understands your unique taste in tunes and rocks to your rhythms, you might soon be in luck. Scientists at Georgia Tech are about to commercialize Shimi, their dancing robot, an android designed to put glide in your stride.
MIT researchers are refining robotic fish technology, which may be useful for detecting chemical and oil contamination in our waters. These robotic fish almost look, and feel, like real fish - but they compute data while swimming in places that would be dangerous for an actual fish.
Decades of research, development, and considerable investment have made bionic technology a reality. One example is Ekso Bionics, a company that sells a $130,000 exoskeleton that they say helps paraplegics walk again. From a project that started around $25 million in military related grants, Ekso Bionics has now moved out of the lab and into the mainstream, setting up shop in Europe.
Alan Mulally, CEO of Ford Motor Company, talks to Charlie Rose and Norah O'Donnell about the health of the automaker and the industry as a whole. He also denies any imminent succession plans, and discusses the effect of Europe on the global economy and the future of the F-150.
If you thought Apple shares couldn't go any higher, think again. Apple shares are up one percent and hit another record as iPhone 5 preorders topped 2 million in 24 hours, more than double the amount of the iPhone 4S preorders. Technology leader Apple says that demand for its latest gadget is exceeding supply and most of the pre orders will be delivered September 21, but some will be sent in October.