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  • DIARY- Top Economic Events to April 7 Tuesday, 24 Mar 2015 | 8:01 PM ET

    HELSINKI- European Central Bank policy board member and Bank of Finland Governor Erkki Liikanen will brief the press on monetary policy and global economy- 0900 GMT. LONDON- European Central Bank policymaker Peter Praet takes part in panel discussion on "Global Economic Recovery- a Tale of Many Parts" at the International Financial Services Forum- 1025 GMT.

  • NEW YORK, March 24- A turnaround team tasked with reviving Atlantic City says New Jersey's struggling gambling hub must consider cost cuts, layoffs and longer bond maturities, but bankruptcy is not in the cards- yet. "Bankruptcy is not something that we are contemplating," said emergency manager Kevin Lavin on a conference call on Tuesday. Atlantic City's tax base...

  • DETROIT, March 24- An attempt to strengthen the United Auto Workers union's stand against a two-tiered wage structure at the Detroit Three automakers failed on Tuesday, but the debate over the pay gap between newly hired auto workers and veterans is not over. UAW leaders are meeting in downtown Detroit this week to map out bargaining strategy for this summer's...

  • ATLANTIC CITY, N.J.— Two emergency managers appointed by New Jersey Gov. Chris Christie to turn around Atlantic City's troubled finances recommend layoffs and deep spending cuts, but don't foresee a bankruptcy filing for the struggling casino resort. Kevin Lavin, a corporate turnaround expert, and Kevyn Orr, who shepherded Detroit through its municipal...

  • DETROIT— Mercedes-Benz is recalling just over 30,000 CLS-Class cars in the U.S. because the LED tail lamps may not light properly on the sides. The recall covers certain 2015 CLS 400 s, 2012 through 2015 CLS 550 s, 2012 and 2013 CLS 63 s and the 2014 and 2015 CLS 63 P. Mercedes says in documents filed with U.S. safety regulators that the malfunctioning lights could...

  • GM recalls Chevy Malibus to fix sunroof control issue Tuesday, 24 Mar 2015 | 8:58 AM ET

    DETROIT— General Motors is recalling nearly 92,000 Chevrolet Malibu midsize sedans to fix a problem with the power sunroof controls. The recall covers cars from the 2013 through 2015 model years. Most of the recalled cars are in the U.S. and Canada.

  • LONDON, March 24- Someone has just rudely awoken the lead market from its months-long slumber. LME lead for three-month delivery spent 2013 and the first half of 2014 shuffling around in a range of $2,000- 2,300 per tonne. Since then it has drifted steadily downwards, culminating in last week's near five-year low of $1,676.50.

  • Parents seeking urban lifestyles for kids Tuesday, 24 Mar 2015 | 3:26 AM ET

    SEATTLE— A small but growing number of parents are bucking a trend when it comes to raising their kids: Rather than move to suburbs as their parents once did, many are opting to stay in or near downtown. Parents in cities across the country, including Seattle, Minneapolis and Denver, are banding together to advocate for new downtown schools, more playgrounds and more...

  • WASHINGTON— Remember the Detroit man who walked 21 miles to work? A Brookings Institution report out Tuesday finds the number of jobs within typical commuting range dropped 7 percent between 2000 and 2012 in major U.S. metropolitan areas. Elizabeth Kneebone and Natalie Holmes of Brookings' Metropolitan Policy Program used U.S. Census Bureau data for 96 big...

  • DETROIT, March 23- General Motors Co and Ford Motor Co have much higher labor costs than their cross-town rival Fiat Chrysler, according to a new study released just ahead of a meeting of United Auto Workers officials as they prepare for contract talks with the Detroit Three. Ford Motor Co's hourly labor costs were $57, just behind GM's at $58.

  • WASHINGTON, March 23- U.S. home resales rebounded modestly in February against the backdrop of a persistent shortage of properties on the market, a trend that could undermine the spring selling season. The Fed singled out housing as a sector that remains slow, and it still is, but that doesn't mean the Fed shouldn't hike rates, "said Joel Naroff, chief economist at...

  • GM ignition switch death toll rises to 74 Monday, 23 Mar 2015 | 12:15 PM ET

    DETROIT— Families of at least 74 people killed in crashes caused by defective General Motors ignition switches will get compensation from the company. Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the total Monday. The fund received a total of 4,342 claims by the Jan. 31 deadline.

  • DETROIT— U.S. safety regulators are investigating complaints that two Nissan recalls didn't go far enough to fix a problem with front-seat air bag seat sensors. Nissan maintains the fixes took care of the problem. In documents posted Sunday, NHTSA said Nissan and Infiniti owners complained that after getting recall repairs, the passenger air bag status light...

  • DIARY- Top Economic Events to April 3 Friday, 20 Mar 2015 | 8:01 PM ET

    MONDAY, MARCH 23 BRUSSELS- European Central Bank President Mario Draghi speaks at the quarterly hearing before the Committee on Economic and Monetary Affairs of the European Parliament- 1400 GMT. PODGORICA, Montenegro- European Central Bank policymaker Benoit Coeure speaks at an event to celebrate the conclusion of a cooperation program organized by the...

  • NEW YORK, March 20- The bill is growing for New Jersey's attempt to revive Atlantic City, its financially distressed gambling hub. The information sheds further light on how much New Jersey taxpayers will shell out for Governor Chris Christie's decision to appoint an emergency manager for the resort city, a move that was opposed by many including Atlantic...

  • DIARY- Top Economic Events to April 1 Thursday, 19 Mar 2015 | 8:01 PM ET

    MIAMI, United States- U.S Treasury Secretary Jack Lew will participate in a moderated conversation hosted by the Greater Miami Chamber of Commerce and Miami Dade College. ATHENS, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on monetary policy and the economic outlook before the Georgia Law Review Symposium- 1420 GMT.

  • DETROIT— General Motors CEO Mary Barra will be questioned this fall by lawyers suing GM over its defective ignition switches. A trial is scheduled for January 2016 in U.S. District Court in New York. Barra told Congress she learned about the defective switches in December 2013, a month before GM began recalling 2.6 million affected vehicles.

  • Atlantic City rejected by voters on new Monopoly games Thursday, 19 Mar 2015 | 3:10 PM ET

    Atlantic City is where the Monopoly board game began, but voters in a global contest to pick cities for new editions of the 80- year-old game have turned their attention elsewhere. According to results released Thursday— the 80th birthday of Monopoly— Atlantic City, whose streets provided the names for the game's squares when it was created in 1935, did not make...

  • March 19- Tesla Motors Inc will soon offer upgrades including hands-free steering on its Model S sedan, Chief Executive Officer Elon Musk said on Thursday, but the news did not help the electric carmaker's volatile shares which fell more than 2 percent. General Motors Co has said it plans to offer a similar set of hands-free driving features next year on its new...

  • March 19- Tesla Motors Inc plans to offer hands-free steering on its Model S sedan in about three months, Chief Executive Officer Elon Musk said Thursday. The automatic steering feature, which will be available only when driving on the highway, will be part of a continuing series of free software upgrades delivered wirelessly to Model S owners, Musk said.