The Associated Press

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Auto/Economy
3:20 pm
Thu July 21, 2011

U.S. government ends Chrysler investment; Fiat takes over

The U.S. government is no longer invested in Chrysler.
Ricardo Giaviti Flickr

WASHINGTON (AP) - The Treasury Department says it has ended its investment in Chrysler LLC after Italian automaker Fiat SpA purchased the U.S. government's remaining holdings in the auto company.

Fiat paid $560 million to the Treasury Department for the government's 98,000 shares. Fiat has run the company since it emerged from bankruptcy protection in June 2009.

Treasury provided a total of $12.5 billion to Chrysler and its financing arm after the recession hampered auto sales and sent Chrysler and General Motors to the brink of collapse. The funds came from the government's $700 billion bank bailout fund.

Since then, $11.2 billion of the assistance has been repaid, Treasury says. Chrysler repaid $5.1 billion in loans from the government in May. Treasury said it likely won't recover the remaining $1.3 billion.

Auto/Economy
12:40 pm
Wed July 20, 2011

UAW chief to push for bigger profit-sharing checks

In a 2007 photo from left, Bob King (current UAW President) is with Ron Gettelfinger, (former UAW President), Bill Ford, Executive Chairman, Ford Motor Company, and Alan Mulally, President and CEO, Ford Motor Company.
Ford Motor Company

DETROIT (AP) - The head of the United Auto Workers union says if his members agree to profit-sharing instead of pay raises from Detroit's automakers, the companies will have to write bigger checks than they do now.

UAW workers at General Motors got $4,300 profit-sharing checks this year, while Ford paid out $5,000 and Chrysler paid $750.

President Bob King has told The Associated Press that profit-sharing or other flexible methods of compensation will be discussed when the union formally begins contract talks with the Big Three next week.

Yet King, who has preached cooperation with the companies over confrontation, said that while he wants workers to be fairly compensated, he also wants deals that keep down the companies' fixed costs so they are competitive with foreign-based automakers.

Investigative
3:15 pm
Tue July 19, 2011

AP: Club promises inquiry into fatal boat race mishap

The sponsor of a boat race from Chicago to Mackinac Island says it will investigate the capsizing of a sailing vessel that caused the deaths of two crew members during a storm in northern Lake Michigan.

Race chairman Greg Freeman said Tuesday that the Chicago Yacht Club commodore will establish a review board. Speaking online with reporters, he said the club wants to understand what happened and look for ways to improve safety guidelines.

The 35-foot boat WingNuts from Saginaw overturned during fierce gusts around midnight Sunday about 13 miles off Charlevoix.

Fifty-one-year-old skipper Mark Morley and 40-year-old crew member Suzanne Bickel died. A rival boat rescued the other six crew members.

Freeman says the storm arose after the race was well under way, so postponing it wasn't an option.

Environment
1:25 pm
Tue July 19, 2011

AP: Smoke from Canadian fires seen across parts of UP

Smoke from Canadian fires is covering parts of Michigan's Upper Peninsula
mainfr4me Flickr

Police say a layer of smoke covering parts of Michigan's central and western Upper Peninsula is from forest fires burning in Ontario, Canada.

Michigan State Police say Tuesday that people in the area have been calling in reports to public safety officials with concerns about the smoke.

Planes flying for the Michigan Department of Natural Resources have been checking for smoke, and pilots report it's blowing across Lake Superior.

Police say there are no reports of fires in the Upper Peninsula.

Economy
12:47 pm
Tue July 19, 2011

AP analysis: Economic stress rises in Midwest

WASHINGTON (AP) - Counties in the Midwest and South that have a high number of autoworkers have seen a jump in economic stress levels, according to an Associated Press monthly analysis.

But Midwestern states also have seen the largest decreases in economic stress since the recession ended. That's primarily because of growth in manufacturing. Ohio has added 7,600 factory jobs in the past year.

The AP's Stress index calculates a score from 1 to 100 based on unemployment, foreclosure and bankruptcy rates. A higher score signifies more economic stress.

Under a rough rule of thumb, a county is considered stressed when its score exceeds 11. By that standard, about a quarter of the nation's 3,141 counties were stressed in May, roughly the same as in April.

Great Lakes
11:24 am
Mon July 18, 2011

Coast Guard: 2 boaters found 'unresponsive'

DETROIT (AP) - The Coast Guard says divers have found two people missing since their boat capsized in Lake Michigan during the annual Chicago-to-Mackinac Island race and that the two are "unresponsive."

The Coast Guard did not indicate in its news release whether the two boaters were alive or dead.

Authorities say a Charlevoix County dive team recovered the two boaters about eight hours after the reports the boat had flipped.

The boaters' names have not been released.

The other six people aboard the sailboat WingNuts were rescued. The boat capsized early Monday near the Fox Islands, west of Charlevoix during the Chicago Yacht Club race.

Politics
5:32 pm
Fri July 15, 2011

Longtime Michigan Congressman Dale Kildee retiring

Rep. Dale Kildee, (D) MI
(photo by Steve Carmody/Michigan Radio)

UPDATE:

A number of Michigan politicians are responding to the news of Rep. Dale Kildee's retirement.

Here's the response from Mayor Dayne Walling of Flint:

"Congressman Kildee is an exemplary public servant with a distinguished record of accomplishments that is unmatched in Flint's history."

"Congressman Kildee has been a leader in education, human rights, and social justice. Our community has benefitted time and time again from his wisdom, dedication and hard work."

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Weather
12:51 pm
Wed July 13, 2011

Power restoration nearly done after Monday storms

Around 218,000 customers lost power in Monday's storms.
Christoper Sessums Flickr

DETROIT (AP) - Utilities say they're working to complete power restoration after severe thunderstorms hit southern Michigan earlier in the week.

About 9,000 homes and businesses were without power around midday Wednesday. Thunderstorms on Monday blacked out about 218,000 customers.

CMS Energy Corp. says about 5,700 of its 136,000 customers affected Monday still were blacked out late Wednesday morning. DTE Energy Co. says that about 3,000 of its 82,000 affected customers remained blacked out around midday Wednesday.

The storms were linked to two deaths in Michigan.

The Detroit Free Press reports high winds also blew bricks from the David Whitney Building in Detroit onto part of Grand Circus Park, damaging a People Mover station. Service by the elevated train system was limited Monday and Tuesday, and was being shut down Wednesday for repairs.

Economy
12:36 pm
Wed July 13, 2011

Russian steelmaker gets US loan for Michigan plant

Making steel at the Severstal North America plant in Dearborn.
Severstal North America

DETROIT (AP) - The U.S. Energy Department says it has loaned $730 million to the North American arm of one of Russia's largest steel companies to modernize its Detroit-area plant.

The government and Severstal North America on Wednesday officially announced plans to upgrade and expand facilities in Dearborn that make steel for the auto industry. They say the project will employ around 2,500 construction workers and create 260 factory jobs.

The money comes from a $25 billion low-interest loan program created in 2007 to help car companies retool older factories to build green cars.

Severstal bought the Dearborn factory in 2004.

State Law
7:52 am
Wed July 13, 2011

Snyder signs Michigan film incentive measure

Governor Rick Snyder (MI-R)
Photo courtesy of the Snyder administration

Governor Rick Snyder has signed legislation allowing more flexibility for Michigan's movie and film incentive program.

The legislation that Snyder announced signing Tuesday gives the Michigan Film Office the ability to negotiate the size of the credits it offers to movie, television and video game producers.

The incentives offered can be lower than the 42 percent subsidy now provided automatically when a project is approved for credits.

Supporters of the change say the current system may provide more taxpayer support for projects than necessary.

The state's movie and film credit program will be capped at $25 million in the fiscal year that starts in October. The state's current incentive program is not capped and offers some of the most generous credits in the nation.

Election 2012
6:51 am
Wed July 13, 2011

Stabenow has $4M on hand for re-election race

U.S. Senator Debbie Stabenow (MI-D)
Studio08Denver Flickr

A campaign finance document U.S. Sen. Debbie Stabenow is filing with the Federal Elections Commission shows the Michigan Democrat has $4 million in the bank for next year's re-election race. The Associated Press on Tuesday obtained a copy of Stabenow's July quarterly report. It's due to the FEC by Friday.

The report says Stabenow raised $1.46 million in the period that ran from April 1 to June 30 and has $4.08 million on hand in the run for her third term in the Senate.

Former Kent County Probate Judge Randy Hekman and Roscommon businessman Peter Konetchy are in the race on the GOP side. A number of high-profile Republicans have decided against challenging Stabenow. They include ex-U.S. Rep. Pete Hoekstra and former Secretary of State Terri Lynn Land.

Sports
8:07 pm
Sun July 10, 2011

Americans beat Brazil in dramatic World Cup game

Originally published on Sun July 10, 2011 3:11 pm

An hour after the game, Abby Wambach was still at a loss for words.

Amazing. Riveting. Dramatic.

Take your pick, any one of them will do.

The Americans are into the semifinals after one of the most thrilling games in the history of the World Cup — men's or women's — beating Brazil 5-3 on penalty kicks after a 2-2 tie. Wambach tied it with a magnificent, leaping header in the 122nd minute, and goalkeeper Hope Solo denied the Brazilians again.

"I'm at a loss, and I literally cannot believe what just happened," Wambach said. "But we've got two games left."

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Politics
8:04 pm
Sun July 10, 2011

Obama Presses For Debt Deal In 10 Days

President Obama and congressional leaders, including House Speaker John Boehner (left) and Senate Majority Leader Harry Reid, met in the Cabinet Room of the White House on Sunday.
Brendan Smialowski Getty Images

Originally published on Sun July 10, 2011 7:07 pm

President Obama said Sunday that "we need to" work out a debt deal within the next 10 days as he convened a meeting with congressional leaders, aiming to fashion a deficit reduction package that would allow the country to avoid first ever default on U.S. debt.

Obama and the eight top House and Senate leaders assembled in the White House Cabinet Room for about 90 minutes during a rare Sunday session, less than 24 hours after House Speaker John Boehner abandoned plans to negotiate a massive $4 trillion deal for reducing the debt.

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Politics
10:16 pm
Fri July 8, 2011

Former First Lady Betty Ford dies

Betty Ford, during her time as first lady
(official White House portrait)

Betty Ford said things that first ladies just don't say, even today. And 1970s America loved her for it.

According to Mrs. Ford, her young adult children probably had smoked marijuana — and if she were their age, she'd try it, too. She told "60 Minutes" she wouldn't be surprised to learn that her youngest, 18-year-old Susan, was in a sexual relationship (an embarrassed Susan issued a denial).

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War
4:41 pm
Thu July 7, 2011

Army sergeant from Michigan killed in Afghanistan

BATTLE CREEK, Mich. (AP) - The U.S. military says a 28-year-old Army sergeant from Battle Creek has been killed in an enemy attack in Afghanistan.

The Defense Department said Thursday that Staff Sgt. Joshua Throckmorton died Tuesday in Afghanistan's Paktia province. The military says Throckmorton died of injuries suffered when enemy forces attacked his unit with an improvised explosive device.

Also killed in the attack were 24-year-old Spc. Jordan Schumann of Port St. Lucie, Fla., and 22-year-old Spc. Preston Suter of Sandy, Utah.

They were part of the 709th Military Police Battalion in Hohenfels, Germany.

Politics
2:57 pm
Thu July 7, 2011

GOP, Dem. ads target other side's record on jobs

The RNC's image of the country with President Obama at the wheel.
screen grab from YouTube video Republican National Committee

LANSING, Mich. (AP) - In a sign that the 2012 election season is under way in Michigan, the Republican National Committee is running ads criticizing Democratic President Barack Obama's record on job creation.

The 30-second ad began running on cable stations nationwide Wednesday. Starting next week, it will air for three more weeks in Michigan and a dozen other battleground states that could prove crucial to winning the White House next year.

The ad's announcer lists the nation's economic ills and says it's time to "change direction."

Michigan Democrats have taken a similar tack in criticizing Republican Gov. Rick Snyder, the target of a recall drive.

They've released a web video chastising the governor for reducing film credits and forcing layoffs through cuts to school districts and local governments.

Snyder calls the cutbacks necessary.

Economy
11:15 am
Thu July 7, 2011

Pfizer may sell animal health, nutrition units

NEW YORK (AP) Pfizer says it may sell its animal health and nutrition business in the next two years so it can focus on expanding its low-cost pharmaceuticals unit.

Pfizer says it will also consider transactions including spinoffs and may pursue different strategies for each business. It said any transactions could take one to two years to complete.

The businesses brought Pfizer Inc. $5.5 billion in revenue in 2010, about 8 percent of its total. The Animal Health unit makes vaccines, medicines, diagnostics and other items to prevent and treat diseases in livestock and pets, and the nutrition unit makes infant and pediatric products.

The New York drugmaker say it will focus on its established products business, which makes drugs that are off-patent or are losing patent protection.

Politics
12:57 pm
Wed July 6, 2011

Ex-Detroit mayor's book covers affair, legal saga

From the website kwamekilpatrickbook.com. Kilpatrick says he's ready to "talk about everything."
kwamekilpatrickbook.com

DETROIT (AP) - Former Detroit Mayor Kwame Kilpatrick takes responsibility in his upcoming book for an affair with an aide and lies told during a civil trial that sent him from leading one of America's largest cities to a prison cell. But he also blames others for his downfall.

The former politician bills "Surrendered! The Rise, Fall and Revelation of Kwame Kilpatrick" as his side of the tale. He claims in the book that when it was clear criminal charges tied to a sex scandal would not go away, his political allies and adversaries, some Detroit business leaders and an aggressive media formed an unspoken alliance. He says they worked to "get rid" of him.

The Associated Press obtained an advance copy of the book. Its release date is Aug. 1.

Auto/Economy
11:27 am
Wed July 6, 2011

Dow Chemical teams up to make battery electrolytes

Midland, Mich. (AP) - Dow Chemical Co. and Japanese chemical company Ube Industries Ltd. said Wednesday they've agreed to form a joint venture to manufacture electrolytes for lithium-ion batteries
which are increasingly being used in cars among other things.

The 50-50 joint venture, named Advanced Electrolyte Technologies LLC, is expected to be finalized later this year pending regulatory approval.

Dow said the joint venture will allow it to expand its alternative energy offerings.

"The growing demand for alternative energy production and energy storage systems places technologies such as advanced batteries for electric/hybrid vehicles and power generation at the very center of the global mega-trends," said Heinz Haller, Dow executive vice president and chief commercial officer.

The joint venture's first manufacturing facility is expected to be built at Dow's home base in Midland, Mich. for startup next year.

Auto/Economy
5:09 pm
Tue July 5, 2011

Lawsuit says GM failed to fix thousands of Impalas

The AP reports that the class-action lawsuit against GM says the automaker authorized repairs and reimbursements to 2007 and 2008 Chevy Impala police cars (like this police car in Montreal), but not to others.
user bull-doser wikimedia commons

DETROIT (AP) - A lawsuit claims General Motors Co. fixed a defective part on police versions of the Chevrolet Impala but didn't correct the same problem in hundreds of thousands of other
Impalas.

The class-action lawsuit, filed last week in Detroit, says 2007 and 2008 model-year Impalas have defective spindle rods, which connect the suspension to the rear wheels. The defect misaligns the wheels, which makes the tires wear out faster.

According to the lawsuit, GM told dealers to replace the spindle rods and tires on affected police vehicles. It also authorized dealers to reimburse police who had purchased replacement tires.

But the suit says GM didn't offer the same remedy to non-police owners. The company sold 423,000 Impalas from those model years.

A GM spokesman was not immediately available to comment Tuesday.

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