WASHINGTON-The economy expanded at a 2 percent annual rate in the third quarter, a slight improvement from the 1.7 percent growth in the second quarter. MORE
AUBURN HILLS, MI-Buoyed by tax credits approved today, Chrysler will invest $850 million in its Sterling Heights, MI, assembly plant and $150 million at its Dundee, MI, engine plant. MORE
WASHINGTON-Siemens has been awarded a $466 million contract to build 70 electric locomotives for Amtrak’s busy northeastern routes. Under the terms of the contract, 250 new jobs will be created to build the locomotives, including 200 at Siemens’ existing light manufacturing facility in Sacramento, CA. MORE
DETROIT-A laid-off worker at GM’s Orion Assembly plant has filed a complaint with the National Labor Relations Board in Detroit against the UAW for negotiating a deal to employ 40 percent of the workers at a lower wage rate. MORE
MEXICO CITY-Armed men opened fire on buses carrying assembly-plant workers near the Texas border early Thursday, killing four people and wounding 15 others. MORE
AUBURN HILLS, MI-Chrysler will invest $600 million in its Belvidere (IL) Assembly Plant to support the production of future models in 2012, increasing its investments in U.S. facilities to $2.1 billion since the formation of the new company in June 2009. MORE
LANSING, MI-GM will invest $190 million in its Lansing Grand River assembly plant for the production of a new Cadillac model. The investment will create 600 jobs and result in the addition of a second shift. MORE
WASHINGTON-Fewer people applied for unemployment benefits last week, the second drop in a row and a hopeful sign the job market could be improving. The Labor Department said Thursday that initial claims for jobless benefits dropped by 21,000 to a seasonally adjusted 434,000 in the week that ended Oct. 23. MORE
CHICAGO-Boeing Co.’s Seattle-area assembly plant has stopped receiving deliveries of big pieces of its new 787 jetliner while a supplier in Italy makes adjustments. The two-week pause is meant to give the supplier, Alenia, time to fix gaps in horizontal stabilizers. MORE
ITHACA, NY-Researchers from Cornell, the University of Chicago and iRobot Corp. have created a versatile robotic gripper using ground coffee and a latex party balloon. MORE
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