Dow Chemical CEO and chairman Andrew Liveris says advanced manufacturing is coming back to America and will drive our economy. Liveris argues that technology became the new word for manufacturing since technology has to be researched and made.
At the World Economic Forum, Cisco CEO John Chambers says it is easier to do business in Canada and Russia than in the U.S. He says that other countries "get" how important it is to attract business, favorable tax policy, and working together with businesses to achieve goals. He also says that, right now, the U.S. is not country that attracts business.
University of Michigan Chemical Engineering Professor Levi Thompson discusses the grounding of the Boeing 787 jets due to battery malfunction. Thompson explains how overheating of Lithium Ion batteries could cause leaking of fluids, which may lead to ignition. For more information visit http://www.engin.umich.edu.
Take a rare behind-the-scenes tour of the Mars chocolate factory in Hackettstown, New Jersey and see how the colorful M&M's candies are made. A chocolate paste is created and then refined, mixed with more ingredients, shaped, and coated. About two million M&M's are created every eight hours, says Brian Suwalksi, site director at the Mars Hackettstown plant.
There's only a handful of things that have truly changed the way the human condition lives, says Time International Editor Jim Frederick. Indoor plumbing and the railway have created life as we know it, but has innovation now reached a wall? At a Time/CNNMoney panel at the World Economic Forum, CEOs talk about the state of innovation in the global economy.
New York manufacturer, Shapeways, opened its first U.S. factory where up to forty 3-D printers will make designer products to ship worldwide. Shapeways CEO, Peter Weijmarshauser, talks about the factory and the company's plans for the future.
In 1963, the newly unveiled Stingray turned the Corvette into something really special, and now the Corvette Stingray is back and in a big way. CBS News' Lee Cowan takes a spin in the new car and talks about this iconic roadster's history.
It's easy to forget just how amazing the Apple iPhone was when it made its market debut - it's the top product at the world's top company. But the iPhone formula needs a shake-up, before Apple loses the platform war to Google in price-sensitive emerging markets.
For automakers, distracted driving has become a major issue. At the 2013 Detroit Auto Show, Hyundai unveiled technology that they think will go a long way in solving that problem. Hyundai's car of the future uses retina scanning and gesture control to eliminate driver distraction and create a button free interior.
CNNMoney's Jim Boulden looks at the pressure and problems Boeing and Airbus have faced in launching their new high-tech airplanes. Airbus' A380 has seen mid-air engine explosions and cracked wings, and now Boeing is dealing with battery - and possibly electrical - issues of its own.
At the Detroit Auto Show you can see how automakers are working to keep up with the pace and change of consumer electronics, including tablet computer technology that could soon replace many of the controls in your car for both drivers and passengers.
The Federal Aviation Administration has ordered all Boeing 787s in the United States to be grounded for safety inspections. CBS News travel editor Peter Greenberg talks to Charlie Rose and Norah O'Donnell about what that means for Boeing and for passengers.
"Manufacturing automation" may not have a fun ring to it, but the 60 Minutes team spoke of nothing but fun after reporting "March of the Machines" for the broadcast this week. The story, reported by Steve Kroft, is about the new generation of robots marching out of the realm of science fiction and into mainstream manufacturing, medicine, and other industries.
This video shows a quick look at a futuristic police car from the show floor at CES 2013. This car packs a massive in-dash touchscreen connected to an in-trunk PC. It also features solar panels and a redesigned backseat. For more information visit www.youtube.com/unboxtherapy.
Chevrolet introduced its latest Corvette, which has been called "the car of the show," at the North American International Auto Show. Reuters' Paul Ingrassia breaks down the highlights of the new model and delves into the legendary sports car's rich history.
The North American International Auto Show is up and running in Detroit. Consumer Reports Cars managing editor Jonathan Linkov discusses this year's most exciting vehicles with the "CBS This Morning" co-hosts. A "green" Cadillac, an affordable Nissan Versa, and "the car of the show" - the Corvette Stingray - top the list.
Detroit is firing on all cylinders. Breakingviews' Antony Currie says Detroit automakers will benefit from new luxury cars, higher truck sales, and a rebounding economy. That should boost stock of major U.S. automakers, including Ford and GM.
One of the hallmarks of the 21st century is that we are all having more and more interactions with machines, and fewer with human beings. Technological advances, especially robotics, are revolutionizing the workplace, but not necessarily creating jobs.
Apple has cut orders for LCD screens and other parts for the iPhone 5 this quarter due to weak demand, the Nikkei reported. In other news, U.S. unemployment is expected to fall this year and chairman Ben Bernanke will give his first policy speech of the year later today.
Rolls-Royce CEO Torsten Muller Otvos takes Reuters for a ride in his Phantom to explain why global balance is the key to luxury success. The luxury end of the auto market is doing so much better than the mass market for the company because it is "very properly globally balanced," says Otvos.