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Obama Unveils $4.1 Trillion Election-Tinged Budget
A "computer science for all" program would give schools $4 billion to teach a "new basic skill" and help modernize workforce skills, while clean energy and cybersecurity are also priorities.
The CRAM robot.
Cockroach-Inspired Robots Could Help in Disaster Aftermath
Just another purpose for robots: helping locate disaster victims in the aftermath rubble of earthquakes, tornadoes and explosions.
Indian Prime Minister Narendra Modi.
India’s Economy Grows 7.3% in Third Quarter
Sharp upward revisions for the last two quarters surprise analysts, with some calling the growth “untenable on the face of what we are seeing in the coal sector, roads, freight, exports contracting for 13 months in a row.”
Inside a Siemens gas turbine plant in Berlin, a worker controls a winch.
Clouds Developing Over German Economy
An unexpected 1.2% drop in industrial production and falling exports are flagging the economy, and the question looms: Is Germany’s economic strength faltering?
European, US Stocks Hammered by Finance Sector Woes
Focus turned to the banking sector, but the rout deepened after oil prices also resumed their slide, while tech stocks got taken down on Wall Street.
Yngve Slyngstad, the CEO of Norges Bank Investment Management.
Norway’s Sovereign Wealth Fund Knocks VW Leadership
In another bump against VW, the Norwegian wealth fund, which holds a 1.2% share in Volkswagen, believes the company gives too much power to family while freezing minority shareholders.
Chinese Market Electrifying for Green Cars
Electric car sales in China are up 400% over the last year, with plenty of room still for growth. There are still plenty of challenges, of course. Will China be up for them?
China  Forex Reserves Fall Almost $100 Billion in January
China Forex Reserves Fall Almost $100 Billion in January
Beijing sells dollars to stop the yuan from depreciating further.
Cut Steel Output EU Tells China
Cut Steel Output EU Tells China
"In the wake of a worrying trend, I urge you to take all appropriate measures to curb the steel overcapacity and other causes aggravating the situation," EU Trade Commissioner Cecilia Malmstroem wrote in her letter to Gao Hucheng, Beijing’s commerce minister.
ArcelorMittal Looks to Shareholders for Funds After Massive Loss
ArcelorMittal Looks to Shareholders for Funds After Massive Loss
The world's largest steelmaker reported a net loss of $7.95 billion for 2015, more than four times the previous year's net loss of $1.86 billion in 2014.
A woman walks pasts a Toshiba sign at a German tech fair.
TECH ROUNDUP: Toshiba Dives to 35-Year Low
Sharp surges on likely deal with Foxconn parent. ... Panasonic cuts sales targets thanks to Chinese slowdown. ... TSMC gains approval for $3 billion Chinese plant. ... Lenovo revenue down for first time since 2010.
A Toyota Rav4 on a sales lot.
AUTO ROUNDUP: Toyota Net Profit Jumps to $16 Billion
VW delays annual results, shareholders’ meeting. ... Volvo Group registers enormous profit jump after cutting costs. ... Honda recalls 2.2 million more cars related to Takata airbag crisis.
Renault-Nissan Sales Hit Russian Speed Bump in 2015
The company's Russian brand, Lada, suffered a 31% drop in unit sales last year.
TPP Countries Sign Trade Deal, Counter Chinese Power 2
The ambitious Trans Pacific Partnership aims to slash tariffs and trade barriers for about 40% of the global economy, but is not without controversy and protest.
The Cisco logo and wordmark.
Cisco Going Big on IoT, Buys Jasper for $1.4 Billion
Cisco: “With Jasper, companies can connect any device — from cars to jet engines to implanted pacemakers — over the cellular networks of the top global service providers, and then manage connectivity.”
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