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  • WASHINGTON— In a rare show of bipartisanship over President Barack Obama's health care law, a Senate committee voted unanimously Wednesday to exclude veterans from the 50- worker threshold that triggers required coverage for employees under that statute. Yet senators' comments suggested that party-line battling over many aspects of the statute— and other...

  • Gentex misses Street 4Q forecasts Wednesday, 28 Jan 2015 | 9:01 AM ET

    ZEELAND, Mich. _ Gentex Corp. on Wednesday reported fourth-quarter profit of $71 million. Gentex expects full-year revenue in the range of $1.47 billion to $1.54 billion. Gentex shares have fallen 3 percent since the beginning of the year.

  • DEARBORN, Mich.— Ford is recalling more than 221,000 cars and vans to fix problems with door latches and seat belts. The biggest recall covers nearly 205,000 Ford Taurus, Lincoln MKS and Police Interceptor models in North America from the 2010 to 2013 model years. Ford says a door latch spring can become unseated, allowing the door to unlatch in a side-impact crash.

  • DETROIT— Nissan is recalling nearly 768,000 SUVs worldwide to fix faulty hood latches and electrical shorts that could cause fires. The larger Nissan recall announced Wednesday covers more than 552,000 Rogue small SUVs from 2008 through 2013 and Rogue Select SUVs from 2014. Snow and salty water can seep through the driver's side carpet to a wiring harness,...

  • Meritor tops 1Q profit forecasts Wednesday, 28 Jan 2015 | 8:31 AM ET

    TROY, Mich.— Meritor Inc. on Wednesday reported fiscal first-quarter earnings of $29 million. Meritor expects full-year earnings in the range of $1.20 to $1.30 per share, with revenue expected to be $3.7 billion. Meritor shares have declined 0.5 percent since the beginning of the year.

  • *Model's revamp may cost up to 650 mln euros- analyst. BERLIN, Jan 28- With Volkswagen having embarked on a big cost-cutting drive, industry experts are baffled why the "people's car" maker plans to spend millions of euros upgrading a loss-making luxury saloon. The 76,000- euro Phaeton, a pet project of Chairman Ferdinand Piech, has never met VW's original sales...

  • Poll: Most say restore health aid if court kills subsidies Wednesday, 28 Jan 2015 | 12:03 AM ET

    WASHINGTON— Most Americans including significant numbers of Republicans would want lawmakers to restore federal aid for buying coverage under President Barack Obama's health care law if the Supreme Court annuls some of the subsidies, according to a poll released Wednesday. But should the Supreme Court strike down subsidies for millions of people who buy...

  • Chemical Financial posts 4Q profit Tuesday, 27 Jan 2015 | 5:30 PM ET

    MIDLAND, Mich. _ Chemical Financial Corp. on Tuesday reported fourth-quarter net income of $15.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. Chemical Financial shares have dropped 5 percent since the beginning of the year.

  • Stryker misses 4Q profit forecasts Tuesday, 27 Jan 2015 | 4:39 PM ET

    KALAMAZOO, Mich. _ Stryker Corp. on Tuesday reported fourth-quarter earnings of $260 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.45 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Mercedes selects AM General to make SUVs in the US Tuesday, 27 Jan 2015 | 12:51 PM ET

    The R-Class, which comes with six or seven seats, was briefly sold in the U.S. but has been sold exclusively in China since 2013.. Mercedes doesn't release sales numbers for individual models in China, but in a presentation last year the company said it sold 12,700 R-Class SUVs in 2013.. Sales of its M-Class SUV, which is also made in Alabama, rose 13 percent.

  • Democrats put brakes on Iran sanctions bill Tuesday, 27 Jan 2015 | 10:20 AM ET

    WASHINGTON— Senate Democrats on Tuesday put the brakes on new Iran sanctions legislation, ending for now a looming showdown between Congress and President Barack Obama over negotiations to prevent Tehran from having the capability to make a nuclear weapon. At the same time, supporters of the bill say the letter signals the White House that Menendez and his...

  • Jan 27- AK Steel Holding Corp, the fourth-largest U.S. steelmaker by market capitalization, reported a better-than-expected quarterly profit, helped by strong demand from automakers. AK Steel makes flat-rolled carbon, stainless and electrical steels, and tubular products for car makers, industrial and construction companies and utilities.

  • Volkswagen, Audi, Porsche issue recalls for fuel leaks Tuesday, 27 Jan 2015 | 9:25 AM ET

    DETROIT— Audi, Volkswagen and Porsche are recalling more than 93,500 cars and SUVs worldwide to fix fuel leak problems. The recalls cover the Audi A6 and Volkswagen Touareg hybrid from the 2012 model year, the Audi A7 from 2012 and 2013, and the Audi Q7, S4 and S5 from 2011 through 2012. All the vehicles have 3- liter V-6 engines, according to documents posted Tuesday...

  • DETROIT— The city's successful exit from the largest municipal bankruptcy in U.S. history doesn't mean Detroit's troubles are over, its former fiscal overseer told area business leaders Tuesday. Mayor Mike Duggan and the City Council have resources, but the work of moving Detroit forward continues, Kevyn Orr said at a Detroit Economic Club event.

  • Most major U.S. carriers said they would allow passengers ticketed to, from or through the Northeast on Monday or Tuesday to change their plans without getting hit by a reservation-change fee, typically $200. Home Depot said it's seeing high demand for shovels, salt, snow throwers and other suppliers throughout the mid-Atlantic up through New England.

  • DETROIT— With only five days left before the deadline to seek payments, compensation expert Kenneth Feinberg has decided that 50 death cases are eligible for money due to crashes caused by faulty General Motors ignition switches. Feinberg, who was hired by the automaker to handle death and injury claims, released new totals on Monday. Last year the company set...

  • Soros eyes investing in auto dealer groups -report Monday, 26 Jan 2015 | 10:48 AM ET

    DETROIT, Jan 26- Billionaire financier George Soros wants to invest in or buy a large automotive dealership group, potentially following in the footsteps of Warren Buffett, Automotive News reported. Two representatives of Soros Fund management, which Soros chairs, attended the National Automobile Dealers Association convention in San Francisco over the...

  • LITTLE ROCK, Ark.— The offers to license Frank Broyles' name came in as soon as the Arkansas football legend retired last year, from Broyles books to Broyles tailgating grills and Broyles pre-cooked meat. Jon Woods, R- Springdale, and state Rep. Greg Leding, D- Fayetteville, would give celebrities the exclusive commercial rights to their names and likenesses.

  • For more than a year Ford has said its ability to get auto parts for its operations in Venezuela have been hampered by the valuation of the Venezuelan bolivar, and made the accounting change effective Dec. 31. General Motors Co, Clorox, Procter& Gamble, Baker Hughes and Brink's have also taken hits to their respective bottom lines in the past year because of the...

  • Atlantic City vs Detroit: Who is better off? Friday, 23 Jan 2015 | 5:22 PM ET

    Jan 23- "At least we're not Detroit," Atlantic City's Mayor joked just last week during his state of the city address. Yet by some measures, Atlantic City is in worse shape than Detroit, with which it shares such traits as a high poverty rate. While the Motor City's Big Three automakers emerged from crisis by the time Detroit was being restructured, Atlantic City's...