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Daily News

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China Launches Anti-Dumping Probe on Some U.S. Car Imports
Probe is into sedans and off-road vehicles with an engine size of 2.0 liters or above

Unemployment Hits 10.2%
Manufacturing lost 61,000 jobs

Airbus Outstrips Boeing in Orders
Boeing had 111 cancellations

GE Next Victim in Solar Shakeout
As the solar market is cratered by overcapacity and falling prices, GE closes Delaware solar-panel manufacturing facility.

British Manufacturing Climbs By Fastest Monthly Pace for Seven Years
Output climbed 1.7% in September

L'Oreal Sees Emerging Economies as Top Markets
Company says markets outside of Europe will account for 90% of sales

U.S. Slaps Import Penalties on Chinese Tubular Goods
Says Chinese have sold these goods in the U.S. at a prices ranging from zero to 99.14% less than normal value.

Toyota Posts Surprising Profit
It was the company's first quarter in the black in a year.

Dow Corning Purchases Silicon Manufacturing Operations
Deal valued at $175 million

Rage Against GM Over 10,000 Planned Job Cuts at Opel
German press said the Americans 'duped everyone'

ArcelorMittal to Invest $5 Billion in Brazil
Will build new plant in Espirito Santo

U.S. Weekly Jobless Claims Fall to Lowest Level Since January
New claims dropped to 512,000 for week ended Oct. 31

Unilever's Sales Up But Profits Down
Volume growth was especially strong in Asia

U.S. Senate Panel Passes Climate Change Bill Despite Boycott
Senate bill calls for a 20% cut in greenhouse gas emissions by 2020

Blackberry Maker RIM to Buy Back $1.2 Billion in Stock
Share prices have plummeted more than 30% since late September

Court Rules Tyson Foods Violated Labor Laws
Company didn't pay employees at Alabama plant for applying safety gear

Alcoa to Rebuild, Enhance Forging Press in Cleveland
Cleveland Works is now the world's premier producer of large aluminum and titanium forgings for the defense, aerospace, and industrial markets.

Katadyn Bucks Trend, Chooses Manual Labor Over Automation
Portable water treatment manufacturer reduces supply and logistics costs by maximizing workforce.

GM Axes Opel Sale
Reclaims small-car jewel

Honda Begins Mass Producing New Vehicle in Ohio
Assembly lines begin rolling off first models of crossover utility vehicle

U.S. Private Sector Sheds 203,000 Jobs in October
Seventh month in a row showing smaller job losses

Chinese Company to Buy U.S. Oil Assets
It's the first step by a Chinese energy company into the U.S. market.

Adidas Profits Fall 30% in Q3
CEO is still cautiously optimistic

Export-Import Bank Establishes Carbon Policy
Credit facility established to finance 'green' projects

Microsoft Cuts 800 More Jobs
But will still hire in priority areas

GM Plans to Cut 10,000 Jobs at Opel
Company wants to cut costs by 30%

Chrysler Presents Five-Year Plan
First task is to create 'compelling brand and product offerings'

U.S. Asks WTO to Rule on China's Raw Materials Restrictions
The materials at issue are: bauxite, coke, fluorspar, magnesium, manganese, silicon metal, silicon carbide, yellow phosphorus and zinc.

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Information Technology

Survey: Majority of Firms Prohibit Social Networking on the Job
Workers who want to share the latest news with Facebook friends and Twitter followers will need to wait until after hours or risk violating company policy, a new survey suggests.

Plex Systems Reports a Year of Operating at 100% Uptime
Plex Systems Inc., an Auburn Hills, Mich.-based provider of software-as-a-service (SaaS) ERP software for manufacturers, recently reported more than a year of no unscheduled downtime for users of Plex Online.

Patheon Signs Agreement with Zycus for Strategic Sourcing System
Patheon Inc., a global provider of drug development and manufacturing services to the international pharmaceutical industry, and Zycus, a provider of spend management software, recently announced they have signed an agreement for Patheon to deploy Zycus iSource software to accelerate ROI and standardize Patheon’s tendering processes.

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IW 50 News

Kinetic Concepts Inc.: Vacuum Therapy Heads East
Company gains approval to market successful treatment in Japan

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