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AP Source: GM’s costs rise little in new UAW pact
DETROIT — General Motors Co.’s shares rose Monday on news that the company’s new contract with the United Auto Workers union will bring only a minimal increase in recurring costs for the automaker. The tentative agreement, reached late Friday, includes a $5,000 signing bonus for workers and the possibility of sweeter profit-sharing checks for GM’s […]
Toyota debuts new Camry amid tough competition
DEARBORN, Mich. — Toyota plans to unveil its first redesign of the Camry in five years on Tuesday. While it promises new technology and other upgrades, America’s best-selling car faces a fight to stay on top. Toyota has released few details about the new car, which will be shown at simultaneous events in California, Michigan […]
UAW wants bigger cut of Detroit’s newfound profits
AUBURN HILLS, Mich. — To help American carmakers stay in business, autoworkers grudgingly gave up pay raises and some benefits four years ago. Now that General Motors, Ford and Chrysler are making money again, workers want compensation for their sacrifice. Just how much they get is the central question hanging over contract talks that start […]
‘Dr. Beach’ picks top 5 Great Lakes beaches
GLEN HAVEN, Mich. — A gentle breeze ripples Lake Michigan’s deep blue surface as a gull circles lazily overhead. The sun is bright, the temperature is a comfy 70 degrees and the view of the water and the distant Manitou Islands is spectacular. The beach is wide and sandy — and almost deserted. Only a […]
U.S. foreclosures dip in May
Foreclosures in May rated a 2 percent decrease over April figures, according to data from RealtyTrac released Thursday. The monthly report by the online realty marketing group stated there were 214,927 foreclosure filings last month in the U.S. – a slight decrease from April and a 33 percent decrease over May 2010 figures. In total, one […]
Chrysler turns first profit since bankruptcy
DETROIT — For the first time in nearly seven years, Detroit’s car companies are all making money. Chrysler, the last of the three to return to profitability, said Monday it earned $116 million in the first quarter on revenue of $13.1 billion. The company, which emerged from bankruptcy protection a little less than two years […]
Supreme Court to clarify how plea bargaining should work
WASHINGTON — The Supreme Court will set further rules on how plea bargaining should work for criminal defendants through several cases the court will hear later this year. The high court on Friday decided to hear appeals from Michigan and Missouri officials who want to stop their cases from being thrown out because of bad […]
Barry F. Rosen: Occurrence coverage must be provided, Michigan court holds
An employer’s agreement to provide malpractice insurance to a physician requires the employer to provide coverage for any incident that occurred during the term of employment, even if the claim is not asserted until after the employment ended, a Michigan appellate court recently held in Wojnicki v. Warren Geriatric Village. The fact that the contract […]
Chrysler launches production of its new 200
STERLING HEIGHTS, Mich. — Chrysler Group wants to show the world that it’s serious about mid-size sedans. After years of disappointing sales, the company on Monday launched production of the revamped Chrysler 200 — which replaces the Sebring — and the Dodge Avenger. The cars have a new look, new engines and hundreds of other […]
Firms fight Detroit’s bid for $10M refund
Sheryl Robinson Wood could be on the hook for the $10 million tab owed to Detroit for legal fees incurred while she monitored the city’s police department. Federal prosecutors said in a filing last week that Robinson Wood — not her former Baltimore and Washington, D.C., employers, Saul Ewing LLP and Venable LLP — should […]
Mindful of costs, wary Michigan cheers GM IPO
DETROIT — General Motors has returned to Wall Street to the cheers of traders and the loud growl of a Camaro’s engine. There’s celebration in Michigan too. But those cheers are tinged with regret for what brought GM to this moment and worry for what lies ahead. Michigan looked on in shock a little more […]
Would-be professor sues UB Law for age, gender bias
A college professor in Michigan has filed an age and gender discrimination lawsuit against the University of Baltimore School of Law after he was not hired by the school last year. Donald Dobkin, 57, an adjunct faculty member in Central Michigan University’s College of Graduate Studies, alleges he was passed over to teach immigration law […]
