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.
General Motors says production is set to begin late next year on a luxury version of its Chevrolet Volt hybrid. The automaker said Tuesday the Cadillac ELR will be assembled at the Detroit-Hamtramck Assembly plant. That plant makes the Chevrolet Volt, Opel Ampera and Holden Volt.
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.
Computer scientists at Zhejiang University in China have developed a way to fly a drone with the power of their thoughts. The team says their technology will eventually allow people with disabilities to operate machines and live more independent lives.
The days are past (if they ever existed) when a person, company, or brand could tightly control their reputation. Tim Leberecht offers three big ideas about accepting that loss of control, even designing for it—and using it as an impetus to recommit to your values.
Gadgets galore—many uniquely Japanese—were on display at the busy CEATEC fair, the largest electronics exhibition in Asia, just outside Tokyo. Reuters' Jon Gordon gets hands-on with the most intriguing of the bunch on display, including everything from the "weird" to the "wacky."
In today's 3XSQ, take a look at an early read on U.S. earning season, which started with a warning from Alcoa, a profit turned for Yum! Brands, and plans to slash costs at Federal Express. And then check out Amazon's new Netflix-like video library, and how dinosaurs can come to life with a new "dino app."
With the deadline fast approaching, the race is on to keep BAE's mega-merger with EADS from hitting the ground. A stand-off between European governments over state shareholdings threatens to destroy the deal between the UK arms firm and Airbus parent as plans are made to give both sides extra time.
Oracle sells more software to businesses than any other company in the world. The company's CEO, Mark Hurd, recently spoke to the New York Times about investing in big data, what it means for Oracle, and what it means for its customers.
GE CEO Jeff Immelt says the U.S. economy is starved for investment and political deadlock in Washington is to blame. According to Immelt, there are critical decisions that need to be made in Washington to ensure that the U.S. engages in an investment-led recovery.
Manufacturing, and manufacturing jobs in particular, have come into focus with the presidential election. But will the sector become a major driver of the economy? Sappi Fine Paper CEO Mark Gardner says, despite the slow economic recovery, he is adding jobs to his company's payroll and expects growth in manufacturing businesses to pick up over the next 12 months.
PMMI's Marketing Manager, Christine Maple, explains the attendee highlights for 1.2 million square feet of exhibit space, featuring integrated processing-packaging solutions, breakthrough technology, on-site demonstrations, and revolutionary product launches, opening new possibilities for improved safety, security, sustainability, and cost savings.
You probably know about the iPhone, but do you know about Meizu? Meizu is a small Chinese smartphone maker with a growing fan base in China. The company was once known for making phones that seemed inspired by the iPhone, but now the company is coming into its own with phones like the Meizu MX 4-core, which are now competing with companies like Apple and Samsung.
Elon Musk, physicist and entrepreneur, talks with Todd Sierer from Engineering.com about who's better—an engineer or a scientist? And why it's easy to start a company if you are an engineer. For more information visit www.engineering.com.
For the next two weeks, car enthusiasts in Paris have the opportunity to see the future of automotive technology at the the Paris Motor Show. Among the highlights this year are a car with a built in movie projector and another that utilizes hologram technology as a safety feature.
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.