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.
Chrysler was the first of the two American automakers to initiate a managed bankruptcy in 2009, but General Motors was the one that went public first. Now comes word that Chrysler’s Initial Public Offering of stock may not happen this year as expected.
Fiat and Chrysler CEO Sergio Marchionne suggested today that Chrysler may delay its initial public offering depending on the cash needs of the U.S. automaker and the auto workers union trust fund…
He said a decision on whether and when to take Chrysler public would depend on how much the automaker itself and the United Auto Workers health care trust, which pays health benefits for retirees and holds a 63.5 percent share in Chrysler, need liquidity.
“If those two needs are not there, then the IPO of Chrysler may or may not become relevant,” Marchionne told reporters after a Fiat shareholders meeting.
Marchionne had announced in July of last year that an IPO would get done sometime in 2011.
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