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Tue May 24, 2011
In this morning's news...
Chrysler to Repay Government Loans
Chrysler is expected to pay back its federal loans in full today. Michigan Radio’s Tracy Samilton reports:
Chrysler will wire-transfer nearly $6 billion to the U.S. Treasury and $1.5 billion to the governments of Canada and Ontario. Chrysler used some cash from Fiat for the transaction - and refinanced the rest with loans from private banks and investors.The U.S. Treasury still holds about eight and a half percent of Chrysler stock. Fiat could end up buying that stock in the future. As of today, Fiat owns forty-six percent of Chrysler
Crime in Michigan's Largest Cities
The FBI released its preliminary Uniform Crime Report yesterday. The report lists crimes reported in cities with more than 100,000 people. The report shows a decrease in violent crimes in Detroit from 18,000 in 2009 to 17,000 in 2010. Flint, however, had the highest violent crime rate in the nation last year, according to the data. Flint set a record for homicides in 2010.
Plan to Stop the Carp
A new plan has been released by federal and state officials on how to deal with the threat of Asian Carp, an invasive species that many worry could destroy the Great Lakes’ eco-system. Michigan Radio’s Steve Carmody reports:
The plan includes stepping up tracking of the invasive fish species and contracting with Illinois fishermen to catch the carp before they can reach Lake Michigan. Michigan Senator Debbie Stabenow says the best way to prevent Asian Carp from reaching Lake Michigan is to close man-made canals linking the Great Lakes with the Mississippi River. Illinois business interests and politicians are opposed to closing the canals.
Al-Qaida Bomber Leaves a Fingerprint
The FBI has a fingerprint and forensic evidence linking al-Qaida's top bomb maker in Yemen to both the 2009 Christmas Day airline attack and the nearly successful attack on cargo planes last year, the Associated Press reports. From the AP:
Investigators have pulled a fingerprint of Ibrahim al-Asiri off the bomb hidden in the underwear of a Nigerian man accused of trying to blow up a plane over Detroit on Christmas Day. Counterterrorism officials say the explosives in that bomb are chemically identical to those hidden inside two printers that were shipped from Yemen to the U.S. last year.