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.
Two days ago the expectation was that Ford would announce a $1 billion profit for the first quarter of 2010. How about we double that? The actual figures released this morning show a profit of over $2 billion instead. The Detroit News reports:
Ford Motor Co., whose sales surged 37 percent in the first three months of the year, today reported a profit of $2.1 billion for that period — its fourth quarterly profit in a row.
Excluding special charges and taxes, Ford’s operating profit was $2 billion, or 46 cents a share. Wall Street was hoping for 31 cents a share, according to a survey of a dozen analysts conducted by Thomson Reuters. It was Ford’s highest quarterly operating profit in six years and compared with a net loss of $1.43 billion a year earlier.
To state the obvious, this is very, very good news for the auto industry and for Michigan’s economy.
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