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.
The New York Times says that the remarkable turnaround of the Big Three automakers is turning Detroit from a city of despair into an “economic bright spot” at a time when the national economy struggles to go from recession to recovery. Citing a “growing sense that the changes are turning the Big Three around,” the [...]
As expected, the newly restructured General Motors reported a $1.3 billion profit in the second quarter of 2010. Ford doubled that, posting a $2.6 billion profit for the quarter, while Chrysler reported an operating profit of $183 million. This comes as GM prepares for one of the largest stock IPOs in American history, hoping to [...]
Domestic auto sales rose only five percent in July overall, but that is compared to the same month in 2009 — which included the first $1 billion of the Cash for Clunkers program to boost sales for the month. General Motors led the way with a six percent jump, followed by Chrysler, which grew five [...]
Total domestic auto sales for June were up 14 percent over the previous year and the Big Three American automakers all showed double digit gains, but analysts are still calling June sales a disappointment compared to expectations. Automotive News notes that the gains for Ford, GM and Chrysler were “some of their smallest gains of [...]
The domestic auto sales figures are being released today and the news is good for Ford and General Motors, both of which showed double digit gains over the same month last year. Ford increased its sales by 22 percent while General Motors got a 17 percent boost. Chrysler has not yet reported. For the year [...]
The domestic auto sales figures for April were released on Monday and the news is good across the board for American automakers. Ford and Chrysler led all the major car companies by posting 25 percent gains over the same month last year, while General Motors posted a 7 percent increase in sales. The sales were [...]
The Detroit Free Press manages to find the cloud in the silver lining of Ford’s astonishing announcement of a $2.1 billion profit yesterday, and it’s the same cloud we identified nearly a year ago when Ford’s competitors were going through bankruptcy: Too much debt.
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:
As GM and Chrysler can only hope to break even in the next year or so, Ford is off to a roaring start to the new year and expects to post a first quarter profit of $1 billion on Tuesday. The Detroit Free Press reports:
Ford and General Motors turned in another solid month of gains over the previous year in March. Ford sales jumped 40 percent over March, 2008, while GM improved by 21 percent. Chrysler, unfortunately, did not repeat its small gain in sales from February, falling 8 percent for March. The big surprise was Toyota, which grew [...]
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