Construction equipment giant Caterpillar warned of challenges for the rest of the year and 2013, a trend among many big multinational firms. CAT cut its forecast for 2012 and gave sales guidance for 2013 that was below Wall Street's estimates.
It may seem that we're living in a borderless world where ideas, goods and people flow freely from nation to nation. We're not even close, says Pankaj Ghemawat. With great data (and an eye-opening survey), he argues that there's a delta between perception and reality in a world that's maybe not so hyperconnected after all.
A French engineer is offering wine-growers an efficient way to prune their vines without breaking their back - a robot designed to do it for them. While Wall-Ye (pron: Wall-Yee) the robot is still a work in progress, wine growers who've seen it are drinking to its potential.
Tech giant Google has data centers around the world. Here's an exclusive look inside one of them in North Carolina. Google is opening a virtual window into the secretive data centers where an intricate maze of computers process Internet search requests, show YouTube video clips, and distribute email for millions of people.
Apple has announced the long-rumored 7.9-inch iPad Mini. The company unveiled the iPad Mini on Tuesday, with a screen about two-thirds the size of the full model, and half the weight. Customers can begin ordering the new model on Friday. Here's what you need to know...
Stuck in a dead-end job in the States, 25-year-old Jon Levine moved around the world to try his luck in China. It's a surprising move, even for someone who was unemployed and underemployed at points in his professional career. This is his story.
In today's 3XSQ, U.S. industrials are suffering from reduced demand overseas and a stronger dollar. DuPont is suffering from weak demand and global economic uncertainty, Yahoo gets a boost from Wall Street, and a UK chipmaker that supplies Apple is seeing a great quarter with the nearing release of the new iPad Mini.
CNN's Fareed Zakaria reports that cars have gotten increasingly heavier, and says Americans can save money by putting gas guzzlers on a diet. He talks with Amory Lovins, chief scientist with the Rocky Mountain Institute, about Lovins design for the lighter car of the future.
China has reported a seventh consecutive quarter of slowing economic growth, but as the once a decade leadership transition looms, signs of a recovery are starting to emerge. Tim Condon, head of Asia Pacific Research, ING, says that China's third quarter may have been the low point, and the world's second-largest economy is moving on.
Steve Rattner, the former auto industry czar, says that the Chevy Volt is irrelevant to GM's bottom line but that the auto industry has never been more efficient. The problems that remain are the complete opposite of what affected the industry during the auto bailouts.
Quadrocopters that can play catch with each other are providing a glimpse at the future of coordinated, autonomous drone technology. Their creators in Zurich say the copters have potential application in both the military and civilian worlds, with ever-improving technology that allows them to work as a well-coordinated team.
We're in the thick of earnings season, and chip leader Intel's shares tumbled in early trading on Wednesday. Intel is still wedded to the PC market, which Apple has "completely disrupted" with its iPad tablet. Intel has been late to the mobile and tablet game and it's hurting the company's earnings.
The Mercedes Benz GL won Motor Trend's SUV of the Year award in a contest that pitted it against 10 other sport utilities. To be eligible for the competition, the vehicle either has to be completely new or substantially redesigned for the 2012 model year. The 2013 Mercedes GL swept the SUV of the Year award because of its performance, design, and value.
Once, recruitment centers attracted thousands looking for work a day, but now big crowds are hard to find. Companies like Foxconn, which assembles most of the world's iPads and iPhones, are struggling to find workers to fill their massive facilities as more young Chinese shun the factory floor.
Reuters' Lisa Bernhard and Ernest Scheyder take a look at unexpected earnings from Bank of America as Citigroup post-Pandit looks positive, and a 'big deal' in the chip space as chip makers look to be on the cutting edge, especially as consumers get more and more into mobile devices.
There are four tech titans, according to Google Executive Chairman Eric Schmidt—Google, Apple, Amazon, and Facebook. The biggest battle of the information age right now is between Apple and Google, and they are locked in a ''defining'' battle as two of the dominant players in the technology industry, Schmidt says.
Lithium ion batteries are in everything from smartphones to laptops to electric cars, and the biggest complaint about these batteries is that they just don't last long enough. Researchers at Argonne National Laboratory are developing car and smartphone batteries that can hold 50 percent more energy.
Here's a car you're not going to see very often—the Bugatti Veyron 16.4 Grand Sport Vitesse. More than just a special edition of the Veyron Grand Sport, this Bugatti souped-up this super car with 16 cylinders and 1,200 horsepower. And for $2.5 million, you get what you pay for.
IMF chief economist Olivier Blanchard says a recession is unlikely unless lawmakers don't act soon and the United States plunges off the fiscal cliff. Blanchard lays out the whole scenario in this brief, yet informative, CNN Money video.
Scientists at the University of Manchester have developed a prototype carpet containing plastic optical fibers which can detect the pressure exerted by someone when they fall or change their gait while walking. The carpet is connected to a computer system and is designed for use in assisted living facilities where fall-related injuries are common.