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.
While the rest of the state was focused on the budget showdown on Wednesday, General Motors found out that businessman Roger Penske would not be taking over their Saturn dealerships as expected. GM now says that it will “wind down” its Saturn franchise over the next 13 months as it wraps up final production.
Penske had been negotiating with France’s Renault SA to acquire autos for Saturn once a production agreement with GM had expired. Those talks collapsed, scuttling the Saturn acquisition by the dealership group and its CEO, Roger Penske.
“Mr. Penske is clearly a very clever man,” said Paul Melville, a partner at Grant Thornton corporate advisory and restructuring services. “If he has pursued a deal with Renault and if it’s too difficult to make that happen, it’s dead.”
Renault acknowledged that it had been in talks with Penske to supply cars, parts and technology for Saturn. “The conditions for an agreement have not been found,” Renault said in a statement.
By October, 2010, the winding down process should be completed. Many existing dealers will be looking for other brands to sell at their locations.
Do you know where to vote on Election Day? Do you know what to bring with you? Get comprehensive voter information for your state here.
Sign up for our email newsletter