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  • UN experts: Detroit should restore water to poor Monday, 20 Oct 2014 | 4:01 AM ET

    DETROIT— United Nations human rights experts described Detroit's mass water shut-offs as "a man-made perfect storm" Monday and called on city officials to restore water to those unable to pay, including those with disabilities or chronic illnesses. Leilani Farha and Catarina de Albuquerque, who were in town to observe the effect of water service shut-offs,...

  • LONDON, Oct 20- Euro zone bond yields dipped on Monday after solid U.S. economic data eased some of the concerns over a slowdown in global growth that led to sharp sell-offs in peripheral debt last week. Signs that another recession may be brewing amidst a broader slowdown in global growth have caused investors to refocus on high debt levels in countries like...

  • Still the Same: Bob Seger launching tour, album Monday, 20 Oct 2014 | 2:29 AM ET

    NEW YORK— At 69, Bob Seger says he's ready to hit the road again: He's scaled back smoking and bicycles 10 miles a day as part of a workout routine. The 25- city tour begins Nov. 19 in Saginaw, Michigan, and continues into next year. Seger— a member of the Rock and Roll Hall of Fame and the Songwriters Hall of Fame— plans to play several songs off his new album on tour, plus a mix of...

  • Ebola causing some people to change travel plans Friday, 17 Oct 2014 | 6:23 PM ET

    The virus has killed more than 4,500 in West Africa since the current outbreak began several months ago. Several people who contracted the disease there have been treated in the United States, but only three cases have been diagnosed in the U.S., all in Dallas. Still, Ebola fear increased when officials disclosed that a nurse tested positive for the virus just over...

  • DETROIT/ ORLANDO, Oct 17- A fourth traffic death in a Honda Motor Co car has been linked to a defective air bag made by Japanese supplier Takata Corp, according to a county medical examiner in Florida. Hien Tran died on Oct. 2, four days after her red 2001 Honda Accord sedan struck another car in Orlando and the air bags exploded, sending shrapnel at the 51- year-old woman,...

  • DETROIT, Oct 17- General Motors Co's top lawyer will retire early next year, months after his department was heavily criticized for how it handled the automaker's defective ignition switch that has been linked to at least 27 deaths. Michael Millikin, 66, informed GM of his decision and the company will immediately begin an external search for his replacement,...

  • General Motors' legal chief to retire next year Friday, 17 Oct 2014 | 12:40 PM ET

    DETROIT— General Motors' chief lawyer Michael Millikin, who withstood withering criticism from lawmakers for his department's handling of an ignition switch recall, is retiring early next year. During a July Senate hearing on the delayed recall of small cars with faulty switches, lawmakers demanded that Millikin be fired. CEO Mary Barra praised Millikin as a...

  • Crews begin demolition of Packard plant in Detroit Friday, 17 Oct 2014 | 12:35 PM ET

    DETROIT— Demolition started Friday on a section of the massive and crumbling Detroit Packard auto factory complex— a symbol of the city's blight and past manufacturing glory. Peruvian developer Fernando Palazuelo bought the 40- acre site last year for $405,000 at a Wayne County tax foreclosure auction. Palazuelo told The Associated Press in June that the...

  • Detroit museum defends 6-figure salaries Friday, 17 Oct 2014 | 11:39 AM ET

    DETROIT— The Detroit Institute of Arts is defending the six-figure salaries of its two top executives, saying Friday that it didn't anticipate a backlash when raises were granted a few years ago, before the city filed for bankruptcy. Director Graham Beal's total compensation was $534,000 last year, a 17 percent increase since 2011. Chief Operating Officer...

  • LONDON, Oct 17- "In short, this is not a takeover; it is a marriage". That's how Charles Li, chief executive of Hong Kong Exchanges and Clearing, described the 1.38 billion sterling purchase of the London Metal Exchange back in 2012.. He was speaking at the LME's annual black-tie dinner at the Grosvenor House in London, conceding that it was the first time he himself, once...

  • SYDNEY, Oct 17- London copper bounced off six-month lows on Friday after the U.S. economy showed signs of strength, but lingering global growth concerns kept a recovery in check as markets await China economic data next week. Copper prices slid to their weakest since April 15 at $6,535 a tonne on Thursday. China will publish GDP data on Oct. 21.

  • SINGAPORE, Oct 17- Gold was poised for a second straight week of gains on Friday as persistent fears over the health of the global economy took a toll on global equities and the dollar, bringing in safe-haven bids for the metal. *Spot gold was little changed at $1,238.58 an ounce by 0031 GMT. *Gold got a boost along with other safe-haven assets such as bonds and the...

  • DETROIT, Oct 16- A fatal accident near Los Angeles last year of a 2002 Acura sedan involved a Takata Corp air bag, the third death in the United States linked to a defective safety component made by the Japanese supplier, according to local officials and the automaker. Xu was driving a green 2002 Acura TL sedan, a model with Takata air bags, a Honda spokesman said on...

  • SEOUL, Oct 17- U.S. crude futures climbed above $83 a barrel on Friday in early Asian trade, buoyed by robust economic data and as U.S. gasoline inventories last week fell to their lowest in nearly two years. November crude had risen 52 cents a barrel to $83.22 by 0029 GMT, after settling 92 cents higher at $82.70 a barrel in the previous session. *Brent crude for December...

  • Stryker tops Street 3Q forecasts Thursday, 16 Oct 2014 | 4:34 PM ET

    KALAMAZOO, Mich. _ Stryker Corp. on Thursday reported net income of $57 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share. Analysts expected $2.33 billion, according to Zacks.

  • Third traffic death in U.S. linked to Takata air bags Thursday, 16 Oct 2014 | 4:02 PM ET

    DETROIT, Oct 16- A fatal accident near Los Angeles last year of a 2002 Acura sedan involved a Takata Corp air bag, the third death in the United States linked to a defective safety component made by the Japanese supplier, according to local officials and the automaker. U.S. safety regulators at the National Highway Traffic Safety Administration are investigating...

  • DETROIT, Oct 16- Detroit announced on Thursday a last-minute settlement with its final major holdout creditor, Financial Guaranty Insurance Co., as it edged closer to exiting the biggest-ever municipal bankruptcy. Corinne Ball, an attorney at law firm Jones Day, told U.S. Bankruptcy Court Judge Steven Rhodes that the settlement includes an option for FGIC to...

  • DETROIT, Oct 16- A settlement between Detroit and its last major holdout creditor, Financial Guaranty Insurance Co, resolves all issues involving the city's outstanding pension debt, an attorney for the city said on Thursday. Corinne Ball, an attorney at law firm Jones Day, told U.S. Bankruptcy Court Judge Steven Rhodes that the settlement includes an option for...

  • Vegas pub expects to break longest-concert record Thursday, 16 Oct 2014 | 10:03 AM ET

    The concert began Oct. 1 in the Ri Ra pub in The Shoppes at Mandalay Bay, and it is expected to surpass the previous record at 1 p.m. on Thursday. Numerous bands planned to fly in to keep the music going, including Irish musician Dave Browne and Liam Reilly of the Irish rock band Bagatelle. Bands began playing at a Michigan cafe on March 19, 2011 and ended April 3, 2011.

  • Syntel misses Street 3Q forecasts Thursday, 16 Oct 2014 | 8:39 AM ET

    TROY, Mich. _ Syntel Inc. on Thursday reported profit of $61.6 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.38 per share. Syntel expects full-year earnings to be $5.60 to $5.70 per share, with revenue in the range of $908 million to $915 million.