Tuesday could mark the beginning of the end of the nation's largest-ever municipal bankruptcy, The New York Times reports.» Read More
DETROIT-- Workers rejected a judge's "ridiculous" order Monday to end a strike protesting job cuts at the Detroit regional water department, a union lawyer said. Union attorney George Washington called federal Judge Sean Cox's injunction "outrageous" and said he would file a motion to dissolve it.
TORONTO-- The Great One is optimistic about the NHL's labor situation. Wayne Gretzky thinks the league's lockout will end before the showcase Winter Classic between the Detroit Red Wings and Toronto Maple Leafs.
DETROIT-- Honda is recalling 600,000 Accord midsize cars in the U.S. and Canada to fix a faulty power steering hose that can leak fluid and cause a fire. Honda has a report of one fire but no injuries or crashes. Any owner who suspects a leak should take their car to a dealer for inspection, Honda spokesman Ed Miller said Monday.
DETROIT-- Honda is recalling 573,000 Accord midsize cars in the U.S. to fix a defective power steering hose that can leak fluid and catch fire. Honda says one fire was reported but no injuries. The National Highway Traffic Safety Administration says the hoses can deteriorate prematurely, causing cracks and leaks.
Oct 1- Honda Motor Co Ltd is expanding a recall in North America to include more than 600,000 Accord mid-size sedans to address a potential power steering fluid leak problem that could cause a fire under the hood.
DETROIT-- Auto parts maker Visteon Corp. has named former Dura Automotive CEO Timothy Leuliette as its new chief executive. Leuliette, 62, had been Visteon's interim CEO and chairman since Aug. 10, when Don Stebbins stepped down from the posts.
Retail gasoline prices in the U.S. Midwest were as much as 50 cents higher than in the rest of the country this week, and a number of contributing factors are to blame.
Though Detroit already has several business incubators, the Green Garage, they say, will walk a different path. Instead of focusing on acceleration, it will work to build a start-up culture that's a rough analogue of the slow-food movement: intimate, deliberate, unhurried.
As the world gets more crowded and landfills fill up more of the land, people are looking for ways to build homes using fewer raw materials and more repurposed old materials.
It’s that time again — Big Jobs Friday. Of course, we turn to the great Zoltar Fortune Telling Machine of the economy — the Internet — to read the cards.
CNBC's Brian Shactman explains how technology businesses are helping Detroit's economy.
Can technology might reduce urban blight? Business and civic leaders in Detroit certainly hope so.
By now, most people have gotten the memo that there’s money to be made in technology, including professional athletes. Check out the athletes who have chosen the tech sector as their next arena of competition.
For some, feuds are as integral to spectator sports as the game itself. Read ahead to see which recent sports feuds have been exciting, thrilling and explosive.
U.S. exports are almost certain to hit a record high in 2012, remaining one of the anchors of the nation’s economic recovery. See the list of busiest land, water, and air trade hubs.
Hatch Detroit, is a contest where the public votes on the best storefront-retail idea for the city, with the winning applicant receiving $50,000 to help get their business off the ground.
This collection features the habitations of performers from rock to pop and beyond. We’ve got two glamorous homes associated with 'American Idol,' and two not-to-be-believed properties in New York.
If you’re a professional athlete, injuries are almost guaranteed. However, sometimes the off-field injuries are so bizarre they become noteworthy.
Some celebrities, including Lauryn Hill, fell out of good standing with the IRS, and paid dearly for it. Read ahead to see some of the celebrities who just didn’t get that return in on time.
It's all economy all the time for Mitt Romney, who's back to campaign basics as he tries to fend off Rick Santorum in Michigan and Arizona primaries on Tuesday.