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LI firms wait on Fiscal Cliff II

The economy unexpectedly dipped into the red in the fourth quarter of 2012, as the defense department, with Fiscal Cliff II looming, cut spending by 22 percent.

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Pentagon to bear brunt of upcoming budget cuts

Already reeling from a $34 billion budget blow this year due sequestration, the Defense Department would feel an additional $20 billion punch in 2014.

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Not yet sci-fi, but robots readied for big tests

Seventeen humanoid robots will be evaluated Friday and Saturday at Homestead Miami Speedway for how well they can complete certain tasks.

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