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.
General Motors has reached a settlement with former CEO Rick Wagoner, who was forced out by the Obama administration’s auto taskforce this spring. Previously due over $20 million for his retirement, Wagoner will now get $8.2 million and a yearly pension of $74,000, the Detroit News reports.
The Detroit Free Press reports that as General Motors gets ready to launch, likely later today, as the New GM, it is preparing a buyout offer to formally send former CEO Rick Wagoner packing.
Reuters reports that GM “will cut its senior executive pension plans by up to two-thirds as part of its bankruptcy restructuring.” The cuts will apply to executives whose total retirement benefits are more than $100,000 a year.
In an interview, 2010 GOP gubernatorial hopeful slams Obama for making the wrong moves to save auto industry, says top Democrats on Capitol Hill are “more interested in getting rid of the manufacturing industry than keeping it.”
Rick Wagoner may be leaving his position as CEO of General Motors but he’s not going away empty handed. Though he cannot receive a severance package under the terms of the auto industry bailout, he is due to receive some $20 million in retirement benefits after 32 years with with the company.
The day after he was asked to step down as chairman and CEO of General Motors Corp. (NYSE:GM), Gov. Jennifer Granholm said Rick Wagoner was a “sacrificial lamb” who left the auto making giant for the good of the company. “He’s a good man,” Granholm said of Wagoner on NBC’s “Today” show this morning, adding: [...]
In a huge and unexpected move, General Motors (NYSE:GM) CEO Rick Wagoner has agreed to step down from his position at the request of the Obama administration. AP reports:
It looks like General Motors (NYSE:GM) has serious plans to release the Chevy Volt — its second attempt at an electric car since the EV-1 — by next year, as GM announced today that the electric vehicle’s battery will be assembled in a Michigan-based factory.
When the CEOs from Ford, GM and Chrysler went before Congress two weeks ago to ask for a $25 billion rescue package, lawmakers slammed them for each taking a separate private jet to the nation’s capitol while claiming poverty. Now GM has taken steps to insure that the flights of a private jet they lease [...]
UPDATE 2:44 P.M. — Sen. Carl Levin is speaking now, says that a compromise deal has been reached that will use the $25 billion originally approved for re-tooling the industry; Levin says there’s a “reasonable chance” that the deal could win 60 votes in the Senate. We’ll have more details shortly.
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