The day of reckoning in Chicago is approaching, putting Democratic Mayor Rahm Emanuel in a difficult position with unions.» Read More
NEW YORK-- TRW Automotive Holdings Corp. said Monday that its board approved a $1 billion share repurchase plan, prompting an analyst to reiterate a "Buy" rating on the auto parts maker's stock. A significant portion of its sales come from Europe, where new vehicle demand has fallen this year amid the continuing economic uncertainty there.
DEARBORN, Mich.-- AAA Michigan says gasoline prices have fallen 2.2 cents during the past week to a statewide average of about $3.88 per gallon. Of the Michigan cities it surveys, AAA Michigan said the cheapest price for self-serve unleaded fuel is in the Lansing/ E. Lansing areas, where it's about $3.83 a gallon.
KALAMAZOO, Mich.-- Medical device maker Stryker Corp. on Monday named Kevin Lobo, the president of its orthopedics business, as its new president and CEO, effective immediately.
DETROIT-- Honda is recalling 573,000 Accord midsize cars in the U.S. to fix a defective power steering hose that can leak fluid and catch fire. Honda says one fire was reported but no injuries. The National Highway Traffic Safety Administration says the hoses can deteriorate prematurely, causing cracks and leaks.
WASHINGTON-- The Supreme Court won't hear a Florida man's attempt to challenge the use of full-body scanners at airports.
RICHMOND, Va.-- Tredegar, which makes plastic films and aluminum extrusions, said Monday it bought aluminum extrusion maker AACOA Inc. for about $50.8 million. Tredegar said that the acquisition will add fabrication capabilities to the products and services of its subsidiary, The William L. Bonnell Co..
*Tredegar stock rises more than 3 percent. Oct 1- Tredegar Corp said on Monday that its subsidiary Bonnell Aluminum has acquired 100- percent ownership of AACOA Inc, a U.S. manufacturer of extruded aluminum for machinery and equipment.
Oct 1- Honda Motor Co Ltd is expanding a recall in North America to include more than 600,000 Accord mid-size sedans to address a potential power steering fluid leak problem that could cause a fire under the hood.
WASHINGTON, Oct 1- The U.S. Supreme Court on Monday refused to consider a Michigan blogger's challenge to the use of full-body scanners and thorough pat-downs of passengers at airport checkpoints.
Oct 1- Auto parts supplier Visteon Corp named Timothy Leuliette, who has been acting chief executive since Aug. 10, as CEO and president and said Francis Scricco would take over as chairman.
DETROIT-- Auto parts maker Visteon Corp. has named former Dura Automotive CEO Timothy Leuliette as its new chief executive. Leuliette, 62, had been Visteon's interim CEO and chairman since Aug. 10, when Don Stebbins stepped down from the posts.
While the July unemployment figure rose a tenth of a point from June to 8.3 percent, the government says 44 states saw their rates increase.
Retail gasoline prices in the U.S. Midwest were as much as 50 cents higher than in the rest of the country this week, and a number of contributing factors are to blame.
CNBC presents a list of 10 foreign-owned brands, businesses and landmarks that are perceived by the public to be as American as it gets.
Ranked in order from the least expensive to the most expensive mansion, here are the priciest homes in the 10 biggest cities in the U.S.
With many cities now preoccupied with other crushing costs — pension obligations, retiree health care, accumulated unpaid bills — a sudden call to honor a long-forgotten bond guarantee can be a bolt from the blue, precipitating a crisis. The New York Times reports.
As the world gets more crowded and landfills fill up more of the land, people are looking for ways to build homes using fewer raw materials and more repurposed old materials.
CNBC's Brian Shactman reports on the "M@dison Building" in Detroit, which houses 25 start-up, technology and venture capitalist companies.
CNBC's Brian Shactman explains how technology businesses are helping Detroit's economy.
U.S. exports are almost certain to hit a record high in 2012, remaining one of the anchors of the nation’s economic recovery. See the list of busiest land, water, and air trade hubs.