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Tue July 19, 2011
In this morning's news...
Borders to Close
Ann Arbor-based Borders Group Inc. announced yesterday that it plans to close down after it failed to receive any bids that would keep it in business. It’s being reported that the 40-year old company could start liquidating its remaining 399 nationwide stores as early as Friday. Borders employs 10,700 people, 400 of which are located in Ann Arbor.
Snyder Talks Immigration
Organizers say they want to change the conversation about immigrants and the economy. They maintain immigration is a key driver of economic growth… Governor Snyder says the state needs to do more to attract immigrants, and get them to stay once they’re here. Snyder says Michigan needs to get over what he calls its “shrinking pie” mindset about immigrants, the economy and jobs… Snyder gave a broad outline of what he’s calling the state’s “Global Michigan Initiative” to do just that.
Hoekstra Changes His Mind?
Former West Michigan Congressman and Republican gubernatorial candidate Pete Hoekstra announced earlier this year that he wouldn’t run against Democratic Senator Debbie Stabenow for her Senate seat in 2012… but, reports say Hoekstra may be reconsidering a bid. “The spokesman for Hoekstra’s previous campaigns says the former congressman is not rushed to make a decision on whether he will run for the Republican nomination to face Senator Stabenow. But he says Hoekstra was persuaded by political insiders and influential Republicans not to give up on the idea. The spokesman says Hoekstra most likely will not decide until late in the summer,” Laura Weber reports.