Caterpillar picks NC for equipment plant, 500 jobs

Source: GM nears completion of Hummer sale
General Motors Co. is poised to sign a deal to sell its Hummer brand to a Chinese heavy equipment manufacturer as early as Thursday afternoon, a person briefed on the deal said.

Caterpillar seeks Chinese mining equipment company
Caterpillar Inc. says it is seeking to buy a Chinese maker of mining machinery for as much as $886 million.

Working for Less: As States Shift to Contract...
A Michigan plan to replace state employees at a veterans’ facility with contract workers highlights the difficulty of outsourcing in the face of strained budgets.

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