Shares of Apple Inc. fell below $400 for the first time in a year and half on Wednesday, after a supplier hinted at a slowdown in iPhone and iPad production. The stock was down $21.89, or 5.1 percent, at $404.35 in early afternoon trading. Earlier in the day, it hit $398.11, the lowest level since Dec. 2011.
Toyota's global sales of gasoline-electric hybrid vehicles have surpassed 5 million in a milestone for a technology that was initially greeted with skepticism. The Japanese automaker, which said Wednesday it had sold 5.125 million hybrid vehicles as of the end of March, started selling the Prius, the world's first mass produced hybrid passenger car, in 1997.
Taiwanese companies have long viewed tech giant Samsung as a major threat and the battle has recently appeared to tilt in favor of the South Korean rival as Taiwan's smartphone, memory chip and display panel makers suffered sagging exports.
Maybe, in comparing the benefits of working on a plant floor against the benefits of working at Facebook, engineers chose the latter. Because let’s face it — OSHA wouldn’t be too happy to see a ping pong table alongside the stamping machine.
The maker of the BlackBerry said Friday that it wants U.S. and Canadian regulators to investigate a "false and misleading" report by a financial analyst that claims the company's new smartphone is being returned in unusually high numbers.
The state of Alabama has joined an alliance of Southern states working to bolster the region's effort to develop technology in the automotive manufacturing industry. The state has joined the Automotive Accelerator Alliance, which already includes Tennessee, South Carolina, Georgia and Mississippi.
UConn and Pratt & Whitney have created one of the most advanced additive manufacturing laboratories in the country. The new Pratt & Whitney Additive Manufacturing Innovation Center at UConn will serve as an important resource for training the next generation of engineers and designers.
Yes, there’s a place for mobile in manufacturing. Seven, actually. Today’s mobile solutions can help your business run more profitably and predictably, by putting the right tools and information right where they’re needed. Load tablets with videos, manuals and instructions to deliver the training and education employees need, where they need it most — on the floor.
A group of companies led by Microsoft have called on European authorities to launch an antitrust investigation into Google and its hold over mobile internet usage on smartphones. The "FairSearch" initiative claims Google is acting unfairly by giving away its Android operating system to mobile device companies on the condition that the U.S. online giant's own software applications are prominently displayed.
Fisker Automotive, a maker of luxury plug-in cars seeking investors to fund operations, said it's firing about 80 percent of its workforce after failing to secure a deal with an automotive partner. Cory Johnson reports on Bloomberg Television's "Bloomberg West.
More than 100 years after it began making cars, Detroit Electric is back in business. The automaker on Wednesday is unveiling in Detroit the SP:01, a limited-edition electric sports car. Detroit Electric was founded in 1906 and built 13,000 electric cars. Among its customers were Thomas Edison, John D. Rockefeller and Henry Ford's wife, Clara.
Google Glass, the search engine giant's latest venture into the hardware market, has been rumored to be manufactured inside the U.S. The Financial Times claims Taiwanese manufacturer Foxconn will make the first run of Google Glass in Santa Clara, but when Mayor Jamie Matthews reached out to both companies, he got no response.
Elon Musk, the founder of the electric car company Tesla, says he has a deal you can't turn down. CBS News' John Blackstone reports on how this CEO is putting more than his reputation on the line. Musk hopes to be able to convince people to buy a car that has to be plugged in.
For nearly two decades, the Toyota Camry and the Honda Accord have ruled the mid-sized car market. Nobody accused them of being stylish or fast. But the cars rarely broke down, and they held their value better than competitors. For drivers who wanted a family car, Camry and Accord got the job done and were good enough to become two of the best-selling cars of all time.
Scion, the brand that Toyota created 10 years ago to attract young buyers, is trying to evoke a sportier image with a new version of the tC coupe. The 2014 version of the car was unveiled Thursday at the New York International Auto Show. The tC coupe accounts for 40 percent of Scion's sales.
HMI or Human Machine Interface – everybody has them. From physical pushbutton stations to sophisticated graphical interfaces with 3D representations of equipment – HMIs are the visible part of a controls and/or manufacturing intelligence system.
Japanese carmakers showcased their sports utility vehicles and luxury cars at the annual New York International Auto Show, which opened on Wednesday. Toyota Motor Corp. debuted the 2014 Highlander SUV with a redesigned exterior, increased interior space and three engine choices including a hybrid option.
Century-old Morgan Motor Company makes a classic sports car with the heart of a motorcycle. The Morgan Motor company of England sells a 3-wheeled car in the United States. They have two cylinders from a V-twin motorcycle engine up front, two seats, and just one wheel in back.
Ink that conducts electricity; a window that turns from clear to opaque at the flip of a switch; a jelly that makes music. All this stuff exists, and Catarina Mota says it's time to play with it. Mota leads us on a tour of surprising and cool new materials, and suggests that the way we'll figure out what they're good for is to experiment, tinker, and have fun.
General Motors Co. is making an attempt to shake up Buick's image as a car for older buyers with freshened up versions of its Regal midsize sports sedan and the LaCrosse large luxury car. GM unveils the pair Tuesday ahead of the New York auto show.
Apple's iPhone is outdated, according to the chief executive of BlackBerry-maker Research In Motion Ltd. Thorsten Heins made the comment Thursday on the eve of the much-delayed launch of the new touchscreen BlackBerry in the United States. AT&T begins selling the Z10 touchscreen BlackBerry on Friday, more than six weeks after RIM launched the devices elsewhere.
At the recent Geneva Auto Show, there were a lot of very high-end, expensive, luxury cars. But for some people, that's just not enough. When a buyer wants an upgraded high performance luxury car, they turn to tuner companies like Ruf, Hamman, and Gemballa to boost horsepower and change the car's appearance.
While 95 percent of teens agree that risk-taking is required for innovation in science, technology, engineering and mathematics — or STEM — careers, 46 percent say they are afraid to fail or uncomfortable taking risks to solve problems, according to an ASQ survey conducted by Kelton Global.
Solar panel installations in the U.S. grew 76 percent in 2012 as the cost of panels and the surrounding equipment continued to fall, according to an annual report by a solar trade group. The U.S. installed panels capable of producing 3,313 megawatts of peak electricity, up from 1,887 megawatts in 2011, the report said.
The Dreamliner may still be grounded, but Boeing's stock has come roaring back lately as investors feel the worst is over. It's now outperforming the Dow. The FAA has given Boeing the go ahead on new solutions for the lithium battery issue, and that may be boosting investors' confidence in the company again.