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Michigan

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  • 50-state look at how Common Core playing out in US Saturday, 30 Aug 2014 | 8:35 AM ET

    The repeal movement drew support from tea party groups, but Senate President Pro Tem Del Marsh, a Republican, blocked the bills with the support of one of the state's most powerful business groups, the Business Council of Alabama.

  • Buyer's remorse on Common Core for policymakers? Saturday, 30 Aug 2014 | 8:33 AM ET

    The fight to repeal the standards has heated up in Ohio, with state Rep. Andy Thompson, a Republican, saying it's kind of "creepy the way this whole thing landed in Ohio with all the things prepackaged."

  • NEW YORK, Aug 29- A U.S. judge on Friday dismissed antitrust litigation accusing Wall Street banks and commodity merchants including Goldman Sachs Group Inc and Glencore Plc of conspiring to drive up aluminum prices by reducing supply.

  • Aug 29- Digital Ally Inc forecast full-year revenue of about $22.5 million, encouraged by a "five-fold" rise in inquiries for its wearable cameras from police departments in the aftermath of the fatal shooting in Ferguson this month.

  • DETROIT, Aug 29- U.S. auto industry sales in August will be about even with a year ago, not quite ending the summer in a sizzling fashion but still warm enough to continue the recovery from a recession now five years in the rear-view mirror.

  • WASHINGTON, Aug 29- U.S. consumer spending fell in July for the first time in six months, but confidence among households hit a seven-year high in August, suggesting the retrenchment would be temporary.

  • Business events scheduled for the coming month Friday, 29 Aug 2014 | 12:39 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Business events scheduled for the coming week Friday, 29 Aug 2014 | 12:15 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Fiat-Chrysler stock should be on market soon Friday, 29 Aug 2014 | 11:07 AM ET

    Italy's Fiat and Chrysler are merging to form Fiat Chrysler Automobiles. The combined company would move its tax headquarters to London and list its shares on the New York Stock Exchange. Fiat SpA will announce the final tally by Sept. 4.

  • US consumer sentiment improves a bit in August Friday, 29 Aug 2014 | 10:56 AM ET

    WASHINGTON— U.S. consumer sentiment ticked up in August, driven by greater optimism about jobs, rising incomes, and increasing wealth. The University of Michigan said Friday its index of consumer sentiment rose to 82.5 from 81.8 in July. The Michigan index has fluctuated between 80 and 82.5 since December.

  • Pennsylvania becomes 27th state to expand Medicaid Friday, 29 Aug 2014 | 7:22 AM ET

    HARRISBURG, Pa.— A half-million more low-income Pennsylvanians are in line to get federally funded health insurance after the U.S. Department of Health and Human Services on Thursday approved the state's plan to accept Medicaid expansion money under the landmark 2010 federal health care law.

  • Lawyer: Rosa Parks artifacts sold for $4.5M Friday, 29 Aug 2014 | 7:21 AM ET

    DETROIT— Hundreds of items that belonged to civil rights icon Rosa Parks and have been sitting unseen for years in a New York warehouse were sold to a foundation run by the son of billionaire investment guru Warren Buffett, the younger Buffett said Thursday.

  • Detroit gets $275 million financing from Barclays Friday, 29 Aug 2014 | 2:45 AM ET

    DETROIT— Detroit's state-appointed emergency manager says Barclays PLC will provide $275 million to fund the city's exit from bankruptcy. The trial to determine if Detroit gets out of bankruptcy is scheduled to start Sept. 2. The Michigan Finance Authority will issue bonds that Barclays will purchase.

  • SYDNEY, Aug 29- London copper futures were mostly unchanged on Friday, but prices were on track for their biggest monthly loss since March on worries that escalating tensions in Ukraine could set back global growth and hit metals demand. *The most-traded October copper contract on the Shanghai Futures Exchange fell 1 percent to 49,740 yuan a tonne.

  • SINGAPORE, Aug 29- Gold hardly moved on Friday but was on track for its first monthly gain since June after some investors ditched equities and poured their money back into gold due to growing tensions between Russia and Ukraine. *Gold was little changed at $1,290.25 an ounce by 0030 GMT. Gold prices were more than $600 below a record hit in 2011..

  • SINGAPORE, Aug 29- U.S. crude futures stayed above $94 a barrel on Friday, holding overnight gains as positive economic data boosted the outlook for demand in the world's largest oil consumer. *U.S. crude had edged down 2 cents to $94.53 a barrel by 0024 GMT, after settling up 67 cents on Thursday.

  • Aug 28- Barclays PLC has agreed to raise up to $275 million to fund Detroit's exit from municipal bankruptcy, the city announced on Thursday. The financing will involve financial recovery bonds issued through the Michigan Finance Authority then purchased by Barclays at a price equal to par, according to deal's term sheet.

  • Aug 28- Digital Ally Inc said the Michigan police force placed an order for the company's flagship video cameras for its fleet, highlighting the spike in demand for surveillance systems since a policeman fatally shot an unarmed teenager in Ferguson, Missouri on Aug. 9.

  • How states fared on unemployment benefit claims Thursday, 28 Aug 2014 | 8:40 AM ET

    California: Down 8,771, no reason given. Florida: Down 1,462, due to fewer layoffs in farming, manufacturing, retail and services. Illinois: Down 1,442, no reason given.

  • Aug 28- Digital Ally Inc, a maker of wearable cameras, said it received an order of more than $1.1 million from the Michigan police force. Interest in makers of security cameras has surged as pressure mounts on the police for a transparent investigation into the Aug. 9 shooting of 18- year-old by a policeman in Ferguson, Missouri.