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 announcement that General Motors will add 4,000 new jobs around the country, the total number of workers for the Big Three automakers is now approaching the levels from before the industry crash and resulting bankruptcies for GM and Chrysler.
Polls have long showed high public opposition to the federal government’s bailout of GM and Chrysler in late 2008 and 2009, but a new poll for the first time shows that opposition slipping below 50 percent. The Detroit News reports:
Among the many revelations in a new book written by former President George. W. Bush is that he met with President-elect Barack Obama shortly after the 2008 election and assured him that he would use federal funds to keep GM and Chrysler alive so that his administration could craft a more permanent solution. The Detroit [...]
The U.S. Department of the Treasury said on Tuesday that it was reducing its projected loss to taxpayers from the bailout of the auto industry in 2009 by 25 percent compared to previous projections. The Detroit News reports:
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 [...]
Just one day before a newly restructured General Motors will file the paperwork for its first stock offering to the public since emerging from bankruptcy, CEO Ed Whitacre unexpectedly stepped down and handed the reins to Daniel Akerson, a member of the board of directors. Automotive News reports that with the upcoming IPO, the board [...]
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 [...]
Treasury Secretary Timothy Geithner, in a discussion with reporters put together by the Christian Science Monitor, defended President Obama’s auto taskforce and the $85 billion bailout of GM and Chrysler, saying it was necessary to prevent a total collapse of the American auto industry and that it will pay off as the companies return to [...]
The Detroit Free Press has a report on their own independent analysis of the auto bailout, which concludes that the government could end up getting more of its investment back than anticipated. The findings:
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