Posted by Tina
CHATTANOOGA, Tenn. – Volkswagen picked Chattanooga over rival sites in two other states for a new U.S. assembly plant expected to create about 2,000 jobs. Volkswagen Group of America Inc. said it will produce a new midsize sedan designed specifically for the North American consumer and invest $1 billion in the economy. AP
VW will invest $1 Billion in the economyso thats what companies do with profits.
Intel also reported higher than expected earnings today and, following GW’s call for drilling, oil fell a bit…just goes to show speculators drive in both directions.
It’s raining but if we don’t panic the sun’l come out…