RICHMOND, VA-Fitness machine maker Nautilus is expanding its manufacturing facility in Grayson County, creating 60 jobs. The $1.7 million expansion will add an assembly line for cardio exercise equipment. MORE
AUSTIN, TX-Caterpillar Inc. will move one of its primary global assembly, test and paint facilities to Texas, creating more than 1,400 jobs. The state will invest $10 million in the company through the Texas Enterprise Fund, as a deal-closing incentive. MORE
MOSCOW-Russian Prime Minister Vladimir Putin is reportedly telling foreign carmakers like Ford and Renault that they will be eligible for financial air from his government. MORE
DETROIT-After suspending talks a few weeks ago in the face of cash problems, Chrysler and GM are said to be talking about a possible merger again. MORE
BEIJING-The Chinese government is cutting fuel prices for the first time in almost two years in an effort to help manufacturers reduce costs and remain competitive. MORE
TOULOUSE, France-The European Aeronautic Defense and Space Co. is planning to fold its Military Transport Aircraft Division in with its Airbus airliner business as part of an ongoing effort to streamline operations. MORE
TOKYO-Honda has sharply downgraded its sales projections for the coming months and says it anticipates losing more than $2.1 billion through March 2009. MORE