New Scientist TV Sandrine Ceurstemont, editor, New Scientist TV It's not a bird or a plane: it's an unusual flying object that propels itself by flipping inside out. Created by engineers at Festo in Esslingen, Germany, the floating band filled with h… more »

By Francesco Guerrera It is a parallel that is seducing Wall Street bankers and investors: 2011 as a repeat of 2008, the history of financial turmoil playing in one endless loop. As a big fund manager muttered darkly this past weekend while heading i… more »

By Alan Silverleib and Tom Cohen, CNN Washington (CNN) -- President Barack Obama unveiled his long-awaited deficit reduction plan Wednesday, calling for a mix of spending reductions and tax hikes that the White House claims would cut federal deficits b… more »