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 [...]
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.
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.
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.
Asian markets were lower again overnight; their slide is attributed to the news yesterday that General Motors’ (NYSE:GM) auditors said they have “substantial concerns” about GM’s continued operations. European markets have been more moderate today in their reaction, however; this may change once employment data is released this morning by the Bureau of Labor Statistics.
GM’s chief financial officer Ray Young indicated surprise at the market’s response to the news about GM’s condition since there was nothing in the way of additional information that had not already been released previously.
The markets did not appear to be as influenced by automaker Ford’s (NYSE:F) news yesterday that it was proposing a debt restructuring plan that would help it cover its obligations including to the UAW, by reducing long-term debt.
The Bureau of Labor Statistics’ February 2009 employment data scheduled for release this hour is expected to have a more negative impact on the market today; advance numbers vary widely, from payroll processing firm ADP’s (NASDAQ:ADP) estimate of 697,000 jobs lost in February based on lower payroll checks processed, to hiring analytics firm WANTED Technologies’ (CVE:WAN) forecast of 868,000 jobs lost in the same period. Neither number is good news as it will be the fifth straight month that job losses exceeded 600,000 in a month, the steepest rate of unemployment in 60 years.
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