Fiscal Cliff Talks `Go Backwards'

Obama administration officials told leaders of business and financial services groups that negotiations with House Speaker John Boehner have deteriorated in the last 24 hours, according to a person familiar with the meeting.

Hello World Japan: The Future Looks Like a Drunk Robot
29:05 - Japan has a unique fascination with androids and the quest to make robots more like humans. One of the country’s most original thinkers in this area is Professor Takashi Ikegami of the University of Tokyo. He has created androids filled with sensors and artificial intelligence software. The technology allows them to perceive the outside world and react to it as they see fit. Hello World host Ashlee Vance traveled to Tokyo to meet with Professor Ikegami and see his latest android creation. The robot they encounter flails about and makes strange gurgling noises as it responds to their movements and conversation. While it all looks rudimentary today, the technology is the precursor of what Ikegami predicts will be a new robotic life form that has its own culture, language, and desires. What could go wrong? (Source: Bloomberg)
  • T-Mobile CEO Sees Benefits of Deal-Distracted AT&T
  • Will Inflation End Investors' Rush to Long-Term Debt?
  • European Stocks Can't Hold On to Early Gains