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 White House has removed a great deal of pressure on General Motors by deciding to give an additional $4 billion in loans to the automaker before they look at the restructuring plans that the company submitted earlier today. Automotive News reports:
General Motors is using $1 billion from the bailout funds it received from the federal government through the TARP program to fund expansion of its production facilities in Brazil. The Latin American Herald reports:
By the end of this week approximately 700 Wayne County homes will have been spared from foreclosure as a result of Sheriff Warren Evans decision to suspend sheriff’s sales, John Roach, spokesman for the Wayne County Sheriff’s office said today. Each week 300-400 delinquent mortgages are offered at a sale held by the Wayne county [...]
As General Motors and Chrysler prepare their restructuring plans that have to be turned in to Congress on Feb. 17, GM may be preparing to lay off thousands of white collar salaried employees to match the layoffs in blue collar autoworkers. Bloomberg News reports:
Rep. Carolyn Cheeks Kilpatrick (D-Mich.) may have violated House ethics rules by going with five other Democratic legislators on a junket to the Caribbean island of St. Martin. The trip was paid for by Citibank and other corporate sponsors, according to The Hill magazine.
Automotive News reports that General Motors (NYSE:GM) has received the second installment of the auto bailout money pledged by former President Bush out of the TARP funds appropriated by Congress just prior to the election.
More details are emerging about GMAC’s conversion to a bank holding company, their eligibility for $6 billion in TARP funds and the restrictions that come with that money. Automotive News reports:
GMAC, the finance company co-owned by General Motors and by Chrysler’s major stakeholder, Cerberus, has completed its campaign to exchange an equity stake in the company to debt holders. Automotive News reports:
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