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  • AAA Mich.: Gas prices fall 14 cents from last week Monday, 15 Oct 2012 | 10:02 AM ET

    DEARBORN, Mich.-- AAA Michigan says gasoline prices have fallen roughly 14 cents during the past week to a statewide average of about $3.77 per gallon. Of the Michigan cities it surveys, AAA Michigan said the cheapest price for self-serve unleaded fuel is in the Benton Harbor and Flint areas, where it's about $3.71 a gallon.

  • Morgan Stanley facing discrimination lawsuit Monday, 15 Oct 2012 | 9:37 AM ET

    NEW YORK-- Morgan Stanley is being accused of discriminating against black homeowners and violating federal civil rights laws by providing strong incentives to a subprime lender to originate mortgages that were likely to go unrepaid.

  • Amphibious vehicle to go on sale soon in US Sunday, 14 Oct 2012 | 1:47 PM ET

    DETROIT-- Amphibious vehicles could soon be zooming out of James Bond's garage _ or pond _ and into yours. Michigan- based Gibbs Sports Amphibians Inc. hopes to sell the vehicle worldwide by 2014.. It's sort of magic, "the founder of Gibbs Sports Amphibians, Alan Gibbs, told The Associated Press in a recent interview.

  • AP Impact: Feds muff kid jewelry cadmium crackdown Sunday, 14 Oct 2012 | 11:07 AM ET

    LOS ANGELES-- Federal regulators failed to pursue recalls after they found cadmium-tainted jewelry on store shelves, despite their vow to keep the toxic trinkets out of children's hands, an Associated Press investigation shows.

  • The U.S. House of Representatives' Energy and Commerce Committee called on the Massachusetts pharmacy board to tell congressional staff what it knew about the New England Compounding Center before the recall of more than 17,000 vials of injectable steroid treatments for back and joint pain from health facilities in 23 states.

  • WASHINGTON, Oct 12- The U.S. House of Representatives on Friday widened its investigation into the deadly meningitis outbreak to include the role health regulators played in monitoring the pharmacy that produced steroid treatments suspected of causing the crisis.

  • WASHINGTON, Oct 12- The U.S. House of Representatives on Friday widened its investigation into the deadly meningitis outbreak to include the role health regulators played in monitoring the pharmacy that produced steroid treatments suspected of causing the crisis.

  • UPDATE 2-Emergency Lexus trunk lever breaks easily Friday, 12 Oct 2012 | 5:58 PM ET

    DETROIT, Oct 12- Toyota Motor Co's 2013 Lexus ES and GS models have an emergency trunk lever that snaps off easily and may trap someone inside, Consumer Reports magazine said on Friday, prompting the automaker and safety regulators to review the problem.

  • *Discussions have split controlling Peugeot family- report. The U.S. and French automakers have discussed combinations including a joint venture between GM's Opel division and Peugeot's core manufacturing arm, according to three people with knowledge of the matter.

  • Oct 12- The deadly outbreak of fungal meningitis expanded to 12 states with the first case confirmed in Texas, the Centers for Disease Control and Prevention said on Friday, bringing the total of cases to 184..

  • DETROIT, Oct 12- Toyota Motor Co's 2013 Lexus ES and GS models have an emergency trunk lever that snaps off easily and may trap someone inside, Consumer Reports magazine said on Friday. Consumer Reports showed the problem to engineers from Toyota, who were visiting the magazine for other reasons last week, said Toyota spokesman John Hanson. "

  • *Discussions have split controlling Peugeot family- report. The U.S. and French automakers have discussed combinations including a joint venture between GM's Opel division and Peugeot's core manufacturing arm, according to three people with knowledge of the matter.

  • DETROIT, Oct 12- Toyota Motor Co's 2013 Lexus ES and GS models have an emergency trunk lever that snaps off easily and may trap someone inside, Consumer Reports magazine said on Friday. Consumer Reports notified both Lexus and the National Highway Traffic Safety Administration.

  • UPDATE 1-GM, Peugeot mull joint venture -report Friday, 12 Oct 2012 | 11:02 AM ET

    GM and Peugeot both declined to comment on the report, which also said the U.S. automaker could inject more cash into the joint venture. " We haven't commented on previous reports and we're not going to on this one, " Peugeot spokeman Jonathan Goodman said.

  • *Wells Fargo weighs on financials. The Thomson Reuters/ University of Michigan's preliminary October reading on consumer sentiment rose to 83.1, well above the 78 forecast for the index as optimism about the economy improved. Wells Fargo, the biggest U.S. home lender, dropped 2.5 percent to $34.40.

  • Rating Action On Sept. 21, 2012, Standard& Poor's Ratings Services affirmed its' Api' counterparty credit and financial strength ratings on Farm Bureau Life Insurance Co. of MI. Based in Lansing, Mich., FBL of MI is an indirect subsidiary of Michigan Farm Bureau Group. Farm Bureau Life Insurance Co. of MI.

  • GM, Peugeot mull European joint venture -report Friday, 12 Oct 2012 | 10:28 AM ET

    PARIS, Oct 12- General Motors and PSA Peugeot Citroen are working on plans for a European joint venture as they flesh out the carmaking alliance they announced earlier this year, La Tribune reported on Friday. A Peugeot spokesman did not immediately return calls seeking comment.

  • NEW YORK, Oct 12- U.S. consumer sentiment unexpectedly rose in October to its highest level in five years as optimism about the overall economy improved, a survey released on Friday showed. BRETT RYAN, VICE PRESIDENT AND U.S. ECONOMIST, DEUTSCHE BANK SECURITIES, NEW YORK.

  • NEW YORK, Oct 12- U.S. consumer sentiment unexpectedly rose in October to its highest level in five years as optimism about the overall economy improved, a survey released on Friday showed. STORY: COMMENTS: DAVID SLOAN, ECONOMIST, 4 CAST LTD, NEW YORK:. ECONOMIST, RBC CAPITAL MARKETS, NEW YORK.

  • Armstrong foundation fighting for future Friday, 12 Oct 2012 | 9:42 AM ET

    AUSTIN, Texas-- Lance Armstrong can never ride again in the world's top cycling races. His cancer-fighting foundation, however, plans to plunge ahead, despite the sanctions laid on Armstrong by the U.S. Anti-Doping Agency and its blistering report that portrays the cyclist as cheating his way through seven Tour de France victories.