Carnegie Mellon University's Electrical and Computer Engineering department ushers in the spring semester with the annual Build 18 engineering fest — a fast-paced challenge where students have seven days to build an imaginative and innovative product under tight deadlines and with limited funding — real-world lessons that most startups learn the hard way.
After tallying a record number of airplane orders and deliveries last year, Airbus is admittedly facing a high bar in 2014. The European aerospace conglomerate said Monday it delivered 626 planes last year, a company record but still 22 fewer than U.S. rival Boeing Co.
A group led by Hong Kong billionaire Richard Li is offering $55 million at auction for Fisker Automotive, just days after a judge rejected a private sale of the failed electric-vehicle manufacturer. Hybrid Technology's conditional offer includes $30 million cash and $25 million in credit for what it's owed as Fisker's senior secured lender.
Last year, there were only a handful of 3-D printing companies at the gadget show. This year, there were thirty, and the organizers had to turn others away because they couldn't fit them in. The 3-D printing area of the show floor drew dense crowds that gawked at the printers and their creations, which ranged from toys to tea cups to iPhone cases.
Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) recently announced that construction is underway at the assembly line that will produce the first U.S.-made Lexus. Last April, TMMK announced it would localize production of the ES 350, which has never been assembled outside of Japan.
It's a 21st century paradox: Detroit enters 2014 in bankruptcy, the largest public case in U.S. history and facing $18 billion or more in debt. Yet the Motor City's resurgent auto industry is strong enough to host a show that by one estimate will generate nearly $400 million for the area's economy.
Responding to a question about being an inspiration to women, Barra said she hopes her engineering credentials make her a role model for young people. "With my technical background — I'm an electrical engineer — and I can motivate young women or young men to pursue a career in science," she said.
On Monday, Ford unveils a new F-150 with a body built almost entirely out of aluminum. The lighter material shaves as much as 700 pounds off the 5,000-pound truck, a revolutionary change for a vehicle known for its heft and an industry still heavily reliant on steel.
The Chevy sweep came after General Motors made the most appearances on this year's list finalists. Others included the Cadillac CTS and Mazda3. Truck/utility finalists included the Acura MDX and Jeep Cherokee. Forty-eight automotive journalists vote on winners from the list of finalists.
Defense contractor Honeywell International Inc. said Sunday it is cooperating with a Department of Justice probe into the overseas production of equipment it provided for a U.S. fighter jet. The government inquiry involves electronics that Honeywell manufactured for the government's new F-35 fighter planes, which are designed to be the military's most advanced combat jets
Beam, the maker of Jim Beam and Maker's Mark alcohol brands, has agreed to be acquired by Japan's Suntory Holdings Ltd. for approximately $13.62 billion. The companies put the deal's value at about $16 billion, including debt.
Tyson Foods is recalling nearly 34,000 pounds of mechanically separated chicken products that may be contaminated with a strain of salmonella. The U.S. Department of Agriculture said Friday in a news release the product was not sold in retail stores. It was produced on Oct. 11 and shipped nationwide for institutional use.
In his weekly radio and Internet address, Obama says the first step is for Congress to extend unemployment insurance for those without work. The president also points to a new initiative to boost high-tech manufacturing and other steps he plans to announce next week to put people back to work.
Overseas Marlboro maker Philip Morris International Inc. says it's investing up to 500 million euros (about $680 million) for a manufacturing facility and pilot plant in Italy to make new tobacco products.The company said Friday the facilities near Bologna will produce its so-called "reduced-risk" tobacco products.
A Chinese auto parts conglomerate that wants to buy failed electric-vehicle manufacturer Fisker Automotive says it would build next-generation Fisker cars in Delaware if there is sufficient consumer demand. Wanxiang Group Corp. outlined its intentions in a court filing late Wednesday as it pushes for a competitive auction of Fisker's remaining assets.
How did the unemployment rate drop so much given the weak job growth? Because the government conducts one survey to learn how many jobs were created and another to determine the unemployment rate. The two surveys can sometimes produce differing results.
Gov. John Kasich and company and site officials planned to officially sign an accord and discuss details in Columbus on Friday. The new plant would be on land where General Motors idled an assembly plant in 2008 in the south Dayton suburb of Moraine. There were 1,100 workers at the time.
After environmentalists, lawmakers, and the oil industry got together last year to draft Illinois' first regulations for hydraulic fracturing, the rest was supposed to be easy. The unusual collaboration was praised as a potential model for other states and a rare example of political foes finding common ground on a complex issue.
U.S. wholesale businesses increased their stockpiles in November but at less than half the pace of October when they had jumped by the largest amount in two years. The Commerce Department says wholesalers boosted stockpiles 0.5 percent in November compared with October when inventories had increased 1.3 percent.
Rockford was a finalist for a massive Boeing plant before the aerospace company reached a deal with a union and agreed to build its 777X planes near Seattle, state officials said. "It speaks very well for the Rockford region how seriously Boeing took the Illinois proposal," one official said.