Willie J. Holley III and Lakishka Raybon, employees of the watchmaker Shinola, share their pride in creating watches by hand. Heath Carr, CEO of Bedrock Manufacturing, explains why it is important to be in Detroit, a city with a rich manufacturing history.
CNET senior editor Scott Stein speaks to "CBS This Morning" about wearable smartphones, and how this new technology will change the industry. Stein talks about the evolution of the technology and what consumers should expect when the category offerings expands.
The collapsed building in Bangladesh which killed nearly 400 people was home to several garment companies producing inexpensive clothing. A number of Western labels and retailers used the factories once housed in the building and are now pushing to include building integrity in selecting factories.
Technological growth has been principally responsible for the development of new industries, products and processes that have created better paying jobs, cheaper goods and a higher standard of living for society. Where would our economy be without information technology, advanced manufacturing and biotechnology?
By implementing a Product Lifecycle Management (PLM) system, companies both large and small, benefit by simplifying and shortening each phase of the product development process. However, deciding whether or not to adopt PLM software has been a challenge for smaller organizations due to a reputation of PLM being difficult to implement.
GM CEO Dan Akerson tells Fortune that the second generation of the Chevy Volt will be cheaper to make and profitable. Looking to the future, GM hopes to have a half million cars on the road with some form of electrification by 2017.
Around 40 executives of Sony Corp. and its group companies in charge of the mainstay electronics business have decided to give up their bonuses for fiscal 2012 ending March, taking responsibility for poor business performance, company officials said Wednesday.
A Chinese company whose mantra is Build Your Dreams plans to build all-electric buses in California's Mojave Desert. Lancaster Mayor R. Rex Parris and officials of BYD Automotive scheduled a news conference Wednesday to announce plans to open the first Chinese-owned vehicle manufacturing plant in the United States in the wind-swept high-desert city 60 miles northeast of Los Angeles.
With a large chunk of Europe on holiday, financial markets were lead-footed Wednesday ahead of a policy statement from the Federal Reserve. A soft private payrolls report from ADP raised concerns over the state of the U.S. economy but reinforced market expectations that the Fed will persevere with its super-easy and cheap monetary policy for a bit longer than had been anticipated.
The mayor of a Texas town devastated by a deadly fertilizer plant explosion says he expects the community to rebuild and he'll do the same. West Mayor Tommy Muska said Tuesday that his hometown of about 2,700 has received donations from across the country since the April 17 accident.
Equal Employment Opportunity Commission attorney Robert Canino said the former workers for Henry's Turkey Services suffered "broken lives" because of the conditions they endured while living at a run-down bunkhouse in rural Iowa and working at West Liberty Foods.
Paramedics and sheriff's deputies were called around 11:45 p.m. Friday, after Avalos-Chanon was found entangled in the machinery. Another worker had hit an emergency stop button, but it was too late, Thompson said. Firefighters returned the following day to dismantle the machine and remove the body.
Several months ago the smartphone industry was preparing for an all-out brawl over technology and innovation, but a knockout device hasn't hit the market yet and some say that could give BlackBerry an opportunity. The Waterloo, Ont.-based company could have been pulverized earlier this year by competitors after it unveiled its two new smartphones, which were considered more catchup than game-changer.
Virgin Galactic's SpaceShipTwo made its first powered flight Monday, breaking the sound barrier in a test over the Mojave Desert that moves the company closer to its goal of flying paying passengers on brief hops into space. "It couldn't have gone more smoothly," said Sir Richard Branson, who owns the spaceline with Aabar Investments PJC of Abu Dhabi.
Ford Motor Co. announced its entry into Myanmar on Tuesday, saying it plans to open the nation's first sales and service showroom for new vehicles by August. Myanmar's vehicle market has been stunted by decades of international sanctions and strict import controls put in place by the military junta that ruled for nearly 50 years, handing out import licenses to a few favored tycoons.