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General Motors files for bankruptcy protection

NEW YORK (AP) - General Motors, the fallen icon of American industrial might, has filed for Chapter 11 bankruptcy protection as part of an Obama administration plan to shrink the automaker to a sustainable size and give a majority ownership stake to the federal government.

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UPS buys hundreds of robots to unload trucks in automation push

UPS will invest $120 million in 400 robots used to unload trucks, sources say, revealing new details on the logistics giant’s $9 billion automation plan that aims to boost profits by decreasing labor costs.

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