Mike O'Shaughnessy, the company's CEO, argues that consumer demand is a primary driver for the recent success of locally-made TVs. By calculating the total costs of production, and by weighing duty and freight against labor, the company found a positive financial picture of producing in the U.S.A. And it seems to be working. The "Made in the U.S.A." packaging can't hurt, either.
When it rains, it pours for HP. Hewlett Packard shares have plunged to a decade low any many are now wondering what Meg Whitman can do to save this company, if anything. Once the pride of Silicon Valley, HP's write-down and sales woes could force the company to make drastic changes to stay competitive.
Can Intel go from being king of the PC market to a master of mobile? A fund manager and an analyst tell us what three steps the incoming CEO needs to make. Joshua Spencer, portfolio manager of the T. Rowe Price Global Technology Fund, sees two important steps for the chipmaker: pushing the manufacturing advantage and integrating Intel's chips with cellular chips.
The first reaction a lot of people have to the new Ford Fusion is disbelief that the new model is really a Ford. It is, and it's a mid-size family sedan competing against cars like the Toyota Camry and the Honda Accord. The new Fusion is "a pretty interesting package," says Peter Valdes-Dapena, CNN senior writer. Take a look.
Warren Buffett says that whether the U.S. goes over the fiscal cliff or not depends on if the Republicans in congress, and the president, can agree. Even if the U.S. temporarily goes over the cliff, the Oracle of Omaha doesn't think that will push the country in another recession.
Ruth Campbell Bigelow decided to create a food company in her home, and introduced flavored tea to the U.S. more than 60 years ago. Bigelow Tea has since become the number one specialty tea company in the country, producing about 1.6 billion bags of tea each year.
Swedish researchers believe the problem of battery efficiency in electric cars can be solved by turning the car's entire frame into one, big battery. They say their solution would remove the drag created by today's heavy batteries, vastly increasing the range of electric cars.
German scientists have taught a humanoid robot to find its way by asking for directions from people in the street. Fitted with an array of cameras and sensors, the automaton represents a significant step in the development of robots that can intergrate with society.
What can go zero to sixty miles per hour in just three seconds? The new Lamborghini Aventador, and the luxury automaker's Singapore showroom had the privelege of giving car lovers the first look. The LP700-4 roadster operates with a 12 cylinder, 700 horsepower engine that takes it to a top speed of just about 220 miles per hour.
Motor Trend made a truly revolutionary choice for its car of the year this year, choosing the Tesla Model S. The Model S is Tesla's all-electric, plug-in luxury sedan. With prices ranging from $50,000 to over $100,000, the Model S is priced to compete against big luxury cars, and stands up well against its competition, according to the magazine.
Millions of jobs are waiting to be filled, but employers say they can't find qualified workers because of "the skills gap." It's not that the United States doesn't manufacture anymore. That's a myth. Companies are ready to grow, but they can't find the labor to take things to the next level.
It looks like a minivan. It has sliding doors like a minivan. So why isn't Ford calling its new seven-seater a minivan? For the same reason you don't wear mom jeans or listen to Barry Manilow: It's not cool. The Transit Connect Wagon will debut later this month at the Los Angeles Auto Show. It's set to go on sale late next fall.
Fresh industrial production data among a raft of figures shows that China's lukewarm rebound is on track. China's manufacturing sector had been hit earlier in the year by Europe's steep slowdown, but the latest figures show that it is now on the rebound.
The United States may have shifted to a postindustrial economy, but that does not mean the manufacturing sector is dead. Far from it. From coast to coast, manufacturers are making more products, but with fewer people, as the sector makes an improbable rebound after a tough recession.
German engineering giant Siemens unveils a 6 billion euro cost-cutting plan, more than expected, as it fights to stay competitive in a weak global economy. Some German media reports suggest up to 10,000 jobs could go. Siemen's chief Peter Loescher wouldn't confirm the numbers, but said job losses were inevitable.
Can ICT redefine the way we learn in the Networked Society? Technology has enabled us to interact, innovate, and share in whole new ways. This dynamic shift in mindset is creating profound change throughout our society. The Future of Learning looks at one part of that change, the potential to redefine how we learn and educate.
PC-upgrade season is here, and it's out with the old and in with the new. Alongside the Windows 8 release, Intel, and its PC-maker partners are pushing a range of unusual new computing form factors, from convertible tablets to touch desktops. The question is will they sell?
UNICAT manufactures self-contained expedition vehicles for the client craving off-road adventure and a two-month supply of all the modern comforts of home. This heavy duty vehicle can get about 8 miles per gallon while going 60 miles per hour. With 200 gallons of on-board fuel, that means drivers can go 1,600 miles without refueling.
Mattel's Hot Wheels starts with a germ of an idea and rough sketches when designing a real car capable of death-defying stunts, says Alec Tam, Senior Director of Product Design. After choosing a winning concept, designers use 3-D digital modeling to get an accurate picture of what the design will look like in real life. They then turn to rapid prototyping machines before building the real thing.
Youngstown, Ohio has seen decades of decline but locals are starting to see a turnaround. Entrepreneur Magazine named Youngstown one of the top 10 places to start a new business. That is something that would've been unheard of just a decade ago.
Reuters's Daily Digit: 7.4 million - Toyota's unlucky number, reports Reuters' Lisa Yuriko Thomas. Toyota has seen profits jump and hiked forecasts, after shifting 7.4 million vehicles in the first nine months of the year. But that's also the number of cars it recently had to recall.
One Apple retailer didn't let the power outage from Hurricane Sandy slow down sales of the new Apple iPad Mini. Workers at Tekserve in New York City's lower Manhattan sold the devices wearing headlamps. See how they revamped operations post Hurricane Sandy.
The U.S. unemployment rate matches expectations at 7.9 percent, but a job gain of 171,000 far exceeded forecasts. Today's first-day sales of the new iPad Mini see shorter lines than the iPhone release, as critics comment on the inferior screen when compared to its larger sibling. And Google could face another lawsuit from the U.S. government, while the European debt crisis affects people's stomachs.
James Dyson, inventor and founder of the Dyson company, discusses patent infringements with New York Times reporter Steve Lohr. The Dyson company works diligently to not only innovate, but protect that innovation from patent infringement. It's an issue that is as prevalent as its ever been.
This car is pink, but underneath that paint job is a surprisingly good, tiny car by an American auto maker, says CNN Money senior editor Peter Valdes-Dapena. With four doors and a "fairly usable" backseat, the 84 horsepower Chevy Spark is a good option for city dwellers.