LANSING - The head of a business advocacy group charged that the state deliberately shopped around a study of potential ergonomic standards in order to guarantee a favorable report, but the head of the state's occupational safety and health office denied that charge, saying the company that got the project was the only one that
DETROIT - General Motors Corp. said it won't proceed with the repurchase any of the $27.2 billion of notes it sought, saying bondholder interest was far below the 90 percent threshold it was looking for. The auto maker had been seeking to swap the debt for a 10 percent stake in a restructured company that
SOUTHFIELD - Funeral services are pending in Virginia for Lawrence Tech President Emeritus Charles M. Chambers, who died May 20 near his home in Alexandria, Virginia, where he had been battling a brain tumor the past several months. He was 67. Chamber, a founding director of Automation Alley, was a widely accomplished American educator and
DETROIT - General Motors Corp. and the United Auto Workers reached an accord to reduce retiree health-care obligations and labor costs, clearing a major hurdle in the car maker's expected plan to rush through bankruptcy court in as little as 30 days. GM sought a UAW deal to cut by at least half the $20
LANSING - Another $194 million would be spent in federal stimulus dollars to Michigan under a supplemental appropriation passed out of the House Thursday. But some Republicans argued there isn't enough spending oversight included in the measure. HB 4308 , which passed on an 81-27 vote, is on the Senate Appropriations Committee schedule for next
WASHINGTON - The Treasury Department is ready to inject more than $7 billion into GMAC to allow it to grants loans for car purchases at General Motors and Chrysler, The Wall Street Journal reported. The money would be the first installment of a new government aid package that could reach $14 billion in GMAC, which
REDMOND, Wa. - Microsoft Corp. is expected to show a new version of its Internet search engine next week, in a renewed effort by the company to compete against Google Inc., people familiar with the matter say. The software giant, these people say, plans to demonstrate its new search engine publicly for the first time
LANSING - The Legislature controls the fate of the North American International Auto Show, a Senate panel was told Wednesday. But while there is a chance the show could move to a location like Chicago or Los Angeles, the panel was also told every effort possible to keep the show in Michigan would be considered
AUBURN HILLS - Chrysler LLC selected C. Robert Kidder, former chairman of Borden Chemical and Duracell Chairman, to become chairman of a reorganized Chrysler. Kidder, currently the lead director of Morgan Stanley, will succeed Robert Nardelli, who will step down as chairman and chief executive when the auto maker emerges from Chapter 11 bankruptcy protection,
YPSILANTI - Doug Given, a partner with Bay City Capital in San Francisco, toured the former Pfizer research lab in Ann Arbor before he gave his keynote speech at the Michigan Growth Capital Symposium and now calls it a "Rare Opportunity" for providing the biotech industry worldwide a one-stop shopping experience at the University of