BUDAPEST, Hungary-General Motors plans to shut down production at its Hungarian unit for one and a half weeks in response to flagging European demand. MORE
CHICAGO- Boeing and the Machinists union have agreed to resume contract negotiations in an effort to end a strike that's already cost Boeing more than $1 billion in profits. MORE
SAN ANTONIO, TX-Idle by weakening demand, Toyota employees in Texas are spending two weeks cleaning up city parks, scrubbing graffiti and fixing fences instead of building pickup trucks. MORE
CHICAGO-A Boeing executive recently warned that the ongoing machinists strike at the company could drive the assembly of Boeing's next airplane out of the state of Washington. MORE
LONDON-At least one analyst says the ongoing credit crisis will result in increased global regionalism and renewed friction between such economic powerhouses as China and the United States. MORE
DETROIT-Lawmakers and industry analysts are saying the federal government's $25 billion loan package for Detroit's automakers appears to be coming just in time to cover their bills. MORE
WASHINGTON-National Association of Manufacturers President John Engler has issued a statement urging quick Congressional action on the agreement reached over the weekend to deal with the nation’s financial crisis. MORE
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