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  • WASHINGTON, Aug 27- Tyson Foods Inc, the largest U.S. meat processor, on Wednesday won U.S. antitrust approval for its purchase of Hillshire Brands Co.. The attorneys general of Illinois, Iowa and Missouri, all big hog-producing states, joined the settlement that the companies reached with the Justice Department's Antitrust Division.

  • Auburn Hills, Michigan- based Eagle Ottawa's customers include top automakers such as Ford Motor Co, BMW, General Motors Co and Hyundai Motor Co, Lear said in a statement.

  • Aug 27- A New York- based specialty finance group is ready to loan Detroit as much as $4 billion, double its previous offer, if the bankrupt city uses the masterpieces in its art museum as collateral, according to a new proposal that surfaced this week.

  • Detroit says investor demand for water/sewer bonds is big Wednesday, 27 Aug 2014 | 1:44 PM ET

    Aug 27- Detroit's sale on Tuesday of nearly $1.8 billion of water and sewer bonds attracted about $7.6 billion in orders and will save the bankrupt city nearly $250 million, city officials said on Wednesday.

  • DETROIT, Aug 27- General Motors Co will shift production of its Cadillac SRX crossover vehicle from Mexico to its plant in Spring Hill, Tennessee, where the company once built vehicles for its defunct Saturn brand, the company and the United Auto Workers union said on Wednesday.

  • NEW YORK, Aug 27- Dow Chemical Co has kicked off processes to sell two of its specialty chemicals subsidiaries that could fetch close to $2 billion combined, according to people familiar with the matter, part of its effort to divest several billion dollars worth of non-core assets by 2015..

  • Bankrupt Detroit offered bigger loan secured by art Wednesday, 27 Aug 2014 | 12:15 PM ET

    Aug 27- A New York- based specialty finance group is ready to loan Detroit as much as $4 billion, double its previous offer, if the bankrupt city uses the masterpieces in its art museum as collateral, according to a new proposal that surfaced this week.

  • GM to move Cadillac SRX production to Tennessee Wednesday, 27 Aug 2014 | 11:36 AM ET

    SPRING HILL, Tenn.— General Motors announced Wednesday that it is moving production of its next-generation Cadillac SRX crossover SUV from Mexico to its plant in Tennessee, leading United Auto Workers leaders to chide Tennessee Republicans for their opposition to the union increasing its influence in the state.

  • Detroit resumes shutting off water service Wednesday, 27 Aug 2014 | 6:55 AM ET

    DETROIT— Bankrupt Detroit resumed shutting off water to people who have not paid bills after a month long suspension that followed international and local criticism that the practice was unduly harsh to residents of one of the nation's poorest cities.

  • GM likely to announce SUVs, jobs at Tenn. plant Tuesday, 26 Aug 2014 | 4:48 PM ET

    DETROIT— General Motors and government officials are expected to announce new vehicles and jobs Wednesday at a sprawling factory complex in Spring Hill, Tennessee.

  • The session will include bond insurers that guaranteed payment on the COPs- Syncora and Financial Guaranty Insurance Co.. In an Aug. 12 court filing, Syncora lashed out at mediators, including Rosen, who brokered the grand bargain, which is also aimed at protecting the museum's artwork from being sold to pay Detroit creditors.

  • US closes probe into Camry Hybrid brake problems Tuesday, 26 Aug 2014 | 10:11 AM ET

    DETROIT— An eight-month investigation into brake problems with some older Toyota Camry gas-electric hybrids has been closed without a recall. The National Highway Traffic Safety Administration began the probe in January after getting complaints of malfunctions that reduced power-assisted braking in 2007 and 2008 Camry hybrids.

  • US probes Ford Explorer police SUV brake hoses Tuesday, 26 Aug 2014 | 8:24 AM ET

    DETROIT— U.S. safety regulators are investigating a complaint that front brake hoses can fail on some Ford Explorer Police Interceptor SUVs. The National Highway Traffic Safety Administration says the probe covers about 20,000 Explorers from the 2013 model year. Failure can cause increased stopping distances.

  • Michigan unions brace for teacher opt-out decision Monday, 25 Aug 2014 | 1:04 PM ET

    Many of the 112,000 active educators and school workers in the Michigan Education Association can now leave the union and stop paying fees under the law that took effect last year. "If I don't stand up and stay in my union, then we don't have a voice," said Chandra Madafferi, a high school health teacher and president of a 400- member local in the Detroit suburb of Novi.

  • Judge OKs $1.5B Detroit bond repurchase plan Monday, 25 Aug 2014 | 12:50 PM ET

    Detroit expects the refinancing will result in savings projected at about $241 million over 26 years.

  • Rhode Island benefits from improving US economy Monday, 25 Aug 2014 | 11:31 AM ET

    PROVIDENCE, R.I.— The improving national economy is finally spurring job growth and pushing the unemployment rate down in Rhode Island, according to the state's top labor official. Now with a rate of 7.7 percent, Rhode Island moved out of last place and is tied with Michigan and Nevada, ahead of last place Mississippi and Georgia.

  • He searches for those savings during his daily visits to the Family Dollar Store near his home in Fraser, Michigan, sometimes stopping by as many as 10 times a week "if there are things I need," said the 51- year-old home care provider.

  • Seed company sued by migrant workers in Michigan Sunday, 24 Aug 2014 | 4:02 AM ET

    CASSOPOLIS, Mich.— A major seed company is being sued by 32 migrant farm workers and seven of their children over the workers' claims that they were underpaid and experienced unsafe conditions and poor housing while removing tassels from corn in southwestern Michigan. The workers are mostly from Texas and were hired in 2012 to work in Cass County.

  • DETROIT, Aug 22- The Detroit Board of Water Commissioners agreed on Friday to repurchase nearly $1.5 billion of water and sewer revenue bonds tendered by investors by a deadline on Thursday.

  • Aug 22- American Securities LLC- backed auto parts maker Metaldyne Performance Group Inc filed with U.S. regulators for an initial public offering of its common shares. Merrill Lynch, Pierce, Fenner& Smith, Goldman Sachs and Deutsche Bank Securities Inc are the lead underwriters for the offering, the company said.