Chrysler To Pay Back Its Government Loans Early -- Under leadership from Italy's Fiat, Chrysler is now strong enough to obtain new bank loans and issue new debt, which will allow the once-crippled carmaker to pay off $6.6 billion in high-interest loans it owes the U.S. and Canadian governments.
How are supply chain professionals using smart phones?
Smartphones Find Niche in Supply Chain Management -- The top three uses, according to the survey, are to scan barcodes (22 percent); take and transmit photos of delivered goods (22 percent); and access social media sites like LinkedIn, Twitter, and Facebook (21 percent).
First Nokia, now Panasonic.
Panasonic Plans to Cut 17,000 Additional Jobs -- Panasonic Corp. said it has slashed 17,600 jobs over the past year and plans to cut another 17,000 over the next two years as part of its efforts to streamline overlapping operations following its acquisition of all of Sanyo Electric Co.
A big order.
India Rebuffs Boeing, Lockheed Bids in $11 Billion Warplane Deal -- The U.S. is "deeply disappointed" after India told it yesterday that Boeing Co. (BA) and Lockheed Martin Corp. (LMT) "were not selected for procurement" in the world's biggest fighter-jet order in 15 years, the embassy said in a statement citing Ambassador Timothy Roemer.
- Sheena Moore