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.
With the raging success of the cash for clunkers program and signs that sales have begun to rebound, auto industry analysts are predicting a big jump in August. Automotive News reports that one major analyst is predicting an annualized sales rate that hasn’t been seen since in two years:
The cash-for-clunkers program could push the annualized U.S. selling rate to 13 million in August, J.P. Morgan Securities analyst Himanshu Patel says.
The federal program increased the seasonally adjusted annualized selling rate by about 1 million in July, Patel said today in a research note.
Most of the bump came at the end of the month, “suggesting the August SAAR could reach 13 million,” Patel wrote. That’s assuming the U.S. Senate approves a House bill adding a further $2 billion to the $1 billion already appropriated for the program.
Patel says that with inventories being dramatically reduced, the Big Three automakers will have to boost their production for the third quarter to ensure that they have enough vehicles on hand. At last, some good news for the Michigan economy.
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