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GM Announces Major Shakeup
Automaker will lay off salaried workers, cut truck production, suspend its dividend and borrow $2 billion to $3 billion to weather a severe downturn in the U.S. market...continue
Boeing: 787 Dreamliner Still On Track
Plane maker scheduled to test fly its 787 jetliner in the fourth quarter of this year and make its first delivery in the third quarter of 2009...continue
Volkswagen Picks Tennessee For New U.S. Plant
Chattanooga, Tennessee beat out bids by Alabama and Michigan for the plant, which is part of the Wolfsburg-based company's strategy to increase its presence in America...continue
Wholesale Prices Soar 1.8 Percent In June
Labor Department reported that over the past 12 months, wholesale prices are up 9.2 percent, the largest year-over-year surge since June 1981...continue
InBev Gains Anheuser’s Marketing Clout
Belgian brewer has an ambitious plan behind its $52 billion acquisition of Anheuser-Busch, hoping to tap into the U.S. company's massive marketing power...continue
Airbus Expects To Rake In Orders At UK Air Show
European plane maker's chief salesman said he would be disappointed if Airbus doesn't book firm orders for 200 planes this week...continue
Iowa Meatpacking Town To Hold Immigration Rally
Organizers are using the raid at the Agriprocessors Inc. kosher meatpacking plant in Postville on May 12 as an example of what's wrong with the nation's immigration laws...continue
Bernanke: Economy Faces 'Difficulties'
Fed Reserve Chairman says the fragile economy is being confronted by 'numerous difficulties' including persistent strains in financial markets and rising joblessness...continue
Lawmakers Push For 'Made In USA' Flags
Congress can't halt the flow of Chinese-made flags, but can try to control where they are flown, declaring that any flag flown on federal property should be made in the U.S...continue
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