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Project to transform former GM site in Pontiac
A massive former General Motors site is about to rev up. M1 Concourse, an ambitious project that's slated to include a test track, car storage, automotive-themed restaurant, event center, clubhouse and more, is holding a kickoff event Wednesday on the 80-acre site that was last home to a General Motors ...
Oil price rises to near $97 per barrel
The price of oil rose toward $97 per barrel Tuesday, but gains were checked as investors waited for the Federal Reserve's latest views on the U.S. economy. Benchmark crude for June delivery was up 16 cents to $96.87 per barrel at midday Bangkok time in electronic trading on the New ...
Business Highlights
___ Yahoo takes big leap with $1.1 billion deal for Tumblr SAN FRANCISCO (AP) — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times. The deal announced Monday is Mayer's boldest move since ...
Gold breaks a losing streak; other metals rise
The price of gold rose Monday for the first time in nearly two weeks. Gold for June delivery rose $19.40 to settle at $1,384.10 an ounce Monday, an increase of 1.4 percent. It was the first gain since May 8. The price of gold has been falling since last autumn. ...
Gold breaks a losing streak; other metals rise
The price of gold rose Monday for the first time in nearly two weeks. Gold for June delivery rose $19.40 to settle at $1,384.10 an ounce Monday, an increase of 1.4 percent. It was the first gain since May 8. The price of gold has been falling since last autumn. ...
Oil rises on falling dollar
The price of oil rose Monday, taking its cue from the stock market and the dollar. Benchmark oil for June delivery gained 69 cents to close at $96.71 a barrel on the New York Mercantile Exchange. Oil moved higher as U.S. stock markets reversed early losses around midday. Although stocks ...
Oil rises on falling dollar; gasoline at $3.65
The price of oil rose Monday, taking its cue from the stock market and the dollar. Benchmark oil for June delivery gained 69 cents to close at $96.71 a barrel on the New York Mercantile Exchange. Oil moved higher as U.S. stock markets reversed early losses around midday. Although stocks ...
Michigan Democrats lay out auto insurance bills
Detroit's Democratic state House Caucus is laying out an effort to change Michigan's auto insurance policies. The package of legislation was revealed during a news conference Monday in Detroit. Republicans control the state Legislature. Under the proposal, insurance companies couldn't use credit history, education or occupation in determining a person's ...
Judge gives final approval to A123 bankruptcy plan
A bankruptcy judge has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million U.S. Department of Energy grant. Monday's court hearing resolved minor outstanding issues following the sale of most of the company's assets to the U.S. ...
Judge gives final approval to A123 bankruptcy plan
A Delaware bankruptcy judge has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million Department of Energy grant. Monday's court hearing resolved minor outstanding issues following the sale of most of the company's assets to the U.S. ...
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