NEW YORK-Orders to U.S. factories for big-ticket manufactured goods plunged in October by the largest amount in two years as manufacturing was battered by the overall economic weakness. MORE
CHICAGO-Increasingly, the nation’s aerospace center of gravity is shifting south, creating an extensive and growing base of hundreds of aerospace companies producing helicopters, aircraft assemblies and even rockets.MORE
WASHINGTON-National Association of Manufacturers President John Engler is praising President-elect Barack Obama’s new economic team, which includes Timothy Geithner for Secretary of the Treasury, Lawrence Summers as Director of the National Economic Council and Christina Romer as Director of the Council of Economic Advisors. MORE
NEW DEHLI, India-India’s top automaker will shutter is assembly plant in Jamshedpur for 5 days as it struggles to adapt to weakening demand for its products. MORE
DETROIT-Sources are saying that General Motors Corp. will seek to renegotiate both its debt and union work rules to help boost its chances of winning federal loans. MORE
BIRMINGHAM, AL-Alabama Gov. Bob Riley responded to UAW president Ron Gettelfinger’s criticism of Alabama's incentives for automakers, saying "great workers making great products is a proven recipe for success ... and it doesn't require a bailout." MORE
CHATTANOOGA, TN-Even as the Big Three struggle to make ends meet, Volkswagen is ramping up construction of its new $1 billion assembly plant in Tennessee.MORE
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