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The Michigan Messenger going forward

By Staff Report | 11.16.11

I am writing today to announce the closure of the Michigan Messenger. After four years of operation in Michigan, the board of the American Independent News Network, has decided to shift publication of its news into a single site, The American Independent at Americanindependent.com. This is part of a shift in strategy, towards new forms [...]

Colorado-based abstinence program provided false and misleading information to Michigan students

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By Todd A. Heywood | 11.16.11

An abstinence-only presentation provided to numerous school districts in Calhoun and Eaton Counties in October of this year provided false and misleading information to students about HIV, experts allege.

Class action lawsuit filed against MERS over unpaid taxes

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By Todd A. Heywood | 11.15.11

Two county registers of deeds filed a class action lawsuit Monday on behalf of Michigan’s 83 counties alleging that the Mortgage Electronic Registration Services owes millions of dollars in property title transfer taxes.

Schuette fights important mercury regulations

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By Eartha Jane Melzer | 11.14.11

Despite evidence of the impact of mercury on children and public health, Michigan Attorney General Bill Schuette last month joined with 24 other state attorneys general in filing a lawsuit to scuttle new EPA regulations that would reduce mercury emissions from power plants.

Auto parts suppliers may lose credit rating

By Ed Brayton | 12.14.08 | 11:54 pm

Crain’s Detroit Business reports that the possibility of bankruptcy by GM may lead to the Wall Street credit ratings of their major suppliers being downgraded:

Six auto suppliers were placed on review late Thursday for a possible ratings downgrade on fears of a potential bankruptcy at General Motors.

Wall Street credit ratings firm Fitch Ratings placed the suppliers’ issuer default ratings, which grade a company’s ability to meet financial obligations, on watch late Thursday…

The companies were placed on review because of the impact of a possible Chapter 11 bankruptcy at GM, and Fitch’s view that Ford Motor Co. would also fall into Chapter 11 if GM sought court protection, according to a Fitch memo.

The note said auto industry bankruptcies could result from a failure of the $14 billion federal aid package slated for GM and Chrysler L.L.C. to receive congressional approval, or a failure of the Detroit 3 to develop viable restructuring plans.

The fallout from the failure of the bailout bill in the Senate begins.

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