WASHINGTON DC - A bipartisan group of House and Senate lawmakers left a two-hour-plus meeting in the U.S. Capitol on Thursday saying they have a "fundamental agreement" on a $700 billion plan to bail out U.S. financial markets, as early as Sept. 29, the Wall Street Journal reported Thursday. The lawmakers didn't offer details of
TROY - PR agency John Bailey & Associates on Thursday named Sam Locricchio, the former Chrysler PT Cruiser PR Manager, president of the company effective immediately. John Bailey becomes chairman. Locricchio will direct strategic planning for JB&A's continued growth as well as with the agency's clients; Bailey will serve as senior counselor to clients and
DETROIT - General Motors on Thursday will lay out plans to build a new $380 million 1.4 liter engine plant in Flint - the smallest GM has ever made in the U.S.- to power the next generation of compact cars coming in 2010. The Flint factory would provide engines for the Chevrolet Cruze, which will
AUBURN HILLS - Struggling automaker Chrysler on Tuesday unveiled a line of electric cars scheduled to start shipping at the end of 2010. The surprise announcement brings Chrysler in direct competition with General Motors, which last week showed off the Chevy Volt, an extended-range electric car also due in late 2010, CNET News.Com reported. Chrysler's
LANSING - A new round of tax-incentive-driven business expansions announced on Tuesday includes a more than $838 million investment by General Motors for production of its Volt electric vehicle, but the auto giant has not yet made its decision on where it will locate the facilities. Governor Jennifer Granholm said the $132.5 million in state
LANSING - With six weeks left to the election, with the first presidential debate taking place on Friday and with the nation battered by an ongoing series of bad economic factors, a series of polls released Tuesday showed how volatile the presidential race is in Michigan and nationwide. Democratic Presidential Candidate Barack Obama was shown
DEARBORN - The deadline to register for the 21st Annual Labor and Employment Law Forum Is Sept. 22. Only a handful of seats remain for this Oct. 3 event which provides a wide variety of labor, employment, employee benefits, and immigration issues facing employers today. Daniel Tukel, Chair of the Labor and Employment Law Department,
LANSING - More than one year's effort to enact major changes to the state's utility regulation system and to establish a renewable portfolio standard for the development of alternative energy sources finally reached completion Thursday as the Legislature approved compromises on HB 5524 and SB 213 . The conference reports on HB 5524 were approved
LANSING - Two bills proponents say will give the Michigan attorney general more guidance in determining if consumers have been grossly overcharged for a product were debated in committee and overwhelmingly passed by the House Wednesday, as representatives of petroleum dealers, wholesalers and retailers argued that, while the bills may provide more clarity, the legislation
LANSING - Acting unanimously, the Michigan House Agriculture Committee on Wednesday gave its approval to Senate-passed bills providing incentives to bio-fuel development and use, including tax incentives to service stations installing equipment for E-85 and other vehicle fuels made with biomass material. Most discussion centered on SB 1196 , with the Department of Treasury and