UPDATE 2-Canada's economy rebounds in Q3, but recession seen ( Mon, 01 Dec 2008 16:22:38 +0100) (Adds analysts' comments, market reaction, details) By Louise Egan OTTAWA, Dec 1 (Reuters) - Canada's economy grew at a faster clip than expected in the Read more
Brazil Sales Slide 20% in November as Credit Crunch Squeezes Consumers ( Mon, 01 Dec 2008 16:23:08 +0100) If there is any good news to be found, its that the Brazilian government is helping its auto industry faster than Washington is aiding its U.S. counterparts. Read more
New GM worry: What if suppliers want faster pay? ( Mon, 01 Dec 2008 04:01:00 +0100) As GM's cash cushion shrinks, suppliers who are nervous about GM's ability to pay rely on trade credit insurance and#x2014; a policy that guarantees suppliers will be paid for delivered parts if their customer, the automaker, defaults. Read more New EMU president says college 'will earn the public's trust' ( Thu, 20 Nov 2008 17:58:00 +0100) YPSILANTI -- Eastern Michigan University's first female president said at her inauguration today she's seeking to "earn the public's trust" more than a year after her predecessor was fired for a murder cover-up on campus. Read more
EMU breaks ground on $90M science complex ( Tue, 18 Nov 2008 21:50:00 +0100) Eastern Michigan University broke ground Tuesday on a $90 million science complex that will include a 72,000-square-foot addition and renovation to the current Mark Jefferson Building. Read more
Cold, snow hit Michigan -- with more to come ( Mon, 17 Nov 2008 05:00:00 +0100) Michigan got an early blast of winter Sunday with forecasters expecting as much as a foot of snow in some parts of the state -- a preview of the rest of the week. Read more
Patterson: Cobo plan would be 'unmitigated disaster' ( Fri, 14 Nov 2008 18:37:00 +0100) DETROIT -- Oakland County Executive L. Brooks Patterson reiterated his opposition to legislation that could clear the way to expand Cobo Center, calling it "Ficano's folly." Read more
113,000 Chaldeans in Metro Detroit, study says ( Thu, 13 Nov 2008 05:00:00 +0100) WEST BLOOMFIELD -- A survey of the Chaldean community in Metro Detroit reveals that Chaldeans are far more populous than suggested by the U.S. Census Bureau and that both their income and the value of their homes is higher than the averages for southeastern Michigan. Read more
New lottery terminals are just the ticket ( Thu, 13 Nov 2008 05:00:00 +0100) LANSING -- Lottery players, say goodbye to old keyboards that jammed, slow terminals or hard-to-read tickets. Say hello to touchpad screens, thermal images, laser printing and flat-screen TV monitors. Across Michigan, new state-of-the-art lottery terminals -- smaller, faster and easier to use -- are replacing 11,000 machines. Read more
Oil drops 5 percent as forecasters slash demand outlook ( Wed, 12 Nov 2008 19:00:00 +0100) NEW YORK (Reuters) Oil fell 5 percent to $56 a barrel on Wednesday as the U.S. government hacked its global demand growth forecast again due to the slumping global economy. Read more
Oil plunges 5% as forecasters slash demand outlook ( Wed, 12 Nov 2008 19:00:00 +0100) Oil plunged 5 percent to $56 a barrel today on Wednesday as the U.S. government hacked its global demand growth forecast again due to the slumping global economy. Read more
The options: Bailout now or disaster ( Mon, 10 Nov 2008 04:01:00 +0100) Without a federal bailout in the next three months or so, General Motors, Ford and Chrysler will face a financial collapse that could drag down suppliers, dealers and even import automakers. Read more
Eastern European car boom is probably over - GM ( Sat, 08 Nov 2008 16:26:03 +0100) FRANKFURT, Nov 8 (Reuters) - A downturn in car demand will probably spill over into eastern Europe, which has been a stronger growth area than western Read more Daimler - ML 63 AMG: high-performance SUV ( Fri, 07 Nov 2008 12:17:54 +0100) AMG - High-Performance Perfection Laguna Seca , Nov 06, 2008 ML 63 AMG: A masterfully honed, high-performance SUV Since its latest facelift, the ML 63 Read more
EMERGING EUROPE STOCKS - Factors to Watch Nov 4 ( Tue, 04 Nov 2008 08:42:58 +0100) WARSAW, Nov 4 (Reuters) - Here are news stories, press reports and events to watch which may affect Central/Eastern Europe's financial markets on Tuesday. Read more Eight held for attack on Indian ministers' convoy ( Mon, 03 Nov 2008 10:50:07 +0100) KOLKATA, India, Nov 3 (Reuters) - Indian police arrested eight villagers in an eastern state for possible links with Maoist insurgents who triggered a Read more Nader faults major parties ( Sat, 01 Nov 2008 05:00:00 +0100) ANN ARBOR -- Perennial presidential candidate Ralph Nader made a campaign swing through southeastern Michigan on Friday, skewering the federal government and the two major political parties for being what he called puppets in corporate hands. Read more
Historic meeting of Sikh temples ( Sat, 01 Nov 2008 05:02:00 +0100) Thousands of Sikhs from the five temples in Metro Detroit will gather at a single event for the first time today, at what leaders say is likely the largest assembly of members of the faith ever in southeastern Michigan. Read more
Nader lambastes major parties, automaker bailout ( Fri, 31 Oct 2008 20:27:00 +0100) ANN ARBOR -- Perennial presidential candidate Ralph Nader made a campaign swing through southeastern Michigan today, skewering the federal government and the two major political parties for being puppets in corporate hands. Read more
Butcher's Inn looking for new ownership ( Fri, 31 Oct 2008 05:00:00 +0100) DETROIT -- Don Bailey is acting as chief cook, leasing agent and marketer for Butcher's Inn, a breakfast, and beer and burger restaurant in the heart of Eastern Market. A new buyer is anticipated in the next couple weeks for a site that predates Prohibition. Read more Court tosses out former EMU president's lawsuit ( Fri, 31 Oct 2008 00:14:00 +0100) A Circuit Court judge Thursday tossed out former Eastern Michigan University President John Fallon's wrongful termination lawsuit against the university. Read more
Six U.S. governors urge support for auto industry ( Thu, 30 Oct 2008 18:00:00 +0100) The governors of six states urged the U.S. Treasury and the Federal Reserve to take "immediate action" to prevent a deepening crisis for the auto industry that would become "an unmanageable disaster" for state governments, in a letter released today. Read more
UPDATE 1-Hundreds protest against POSCO plant in east India ( Mon, 27 Oct 2008 11:06:46 +0100) (Recasts with fresh protests) BHUBANESWAR, India, Oct 27 (Reuters) - Hundreds of people marched in eastern India on Monday to protest against a plant Read more
Students protest against POSCO plant in east India ( Mon, 27 Oct 2008 06:52:39 +0100) BHUBANESWAR, India, Oct 27 (Reuters) - Hundreds of students marched in eastern India to protest against a proposed plant by South Korean steel maker POSCO Read more Metro Girl Scout troops to band together to save money ( Wed, 22 Oct 2008 06:02:00 +0200) As part of the biggest reorganization in Girl Scouts history, four councils in Metro Detroit are merging to become one -- the Girl Scouts of Southeastern Michigan. Leaders say they hope the move will help the organization -- which was founded in 1912 -- to save money, improve efficiency and stay relevant. Read more