U.S. consumers cut debt by record $21.6 billion in July (Los Angeles Times)
The drop in the amount Americans owe on credit cards and loans for purchases such as autos shows that they are concerned about continued job losses and uncertain about the economic recovery. The amount Americans owe on credit cards and other consumer

Apple Job Posting Hints at iPad Camera (AllThingsD Online via Yahoo! Finance)
Apples iPad may not currently feature a camera, but its likely to in the future if this recruitment ad spotted by Mac Rumors is a good indicator. It seeks a software Q/A engineer for Apples iPad Media team.

ICAR fulfilling auto industry jobs promise
GREENVILLE -- The chief executive of electric bus maker Proterra said the International Center for Automotive Research was one of the biggest reasons his company chose Greenville for a plant over sites in Ohio or Indiana.

Ford to invest $155M, add jobs at engine plant (San Francisco Chronicle)
Ford Motor Co. said it will spend $155 million upgrading a factory to build a new fuel-efficient V6 engine for the 2011 Mustang and expects to add 60 jobs as a result. Ford says the upgrades are part of $1.8 billion in investments for engineering and

University gets young students excited about engineering (KSL Salt Lake City)
Ask a child what a teacher or a doctor does, and they likely know the answer. Ask them what job an engineer does, many give a blank stare -- but the University of Utah is trying to change that.