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Top News & Analysis Michigan

  • DETROIT— When it comes to getting stuck in traffic on the way to and from work, Los Angeles leads the world. That topped second-place Moscow at 91 hours and third-place New York at 89, according to a traffic scorecard compiled by Inrix, a transportation analytics firm. San Francisco was the fourth-most congested city, while Bogota, Colombia, was fifth, Sao Paulo...

  • DETROIT— BMW AG is recalling more than 19,000 i3 REx plug-in hybrids in the U.S. because they could develop a fuel vapor leak that would increase the risk of a fire. BMW says a fuel tank vent line may rub against the sleeve of a battery cable. BMW will notify owners and replace the fuel vent line for free.

  • DETROIT, Feb 17- General Motors Co plans to deploy thousands of self-driving electric cars in test fleets in partnership with ride-sharing affiliate Lyft Inc, beginning in 2018, two sources familiar with the automakers plans said this week. It is expected to be the largest such test of fully autonomous vehicles by any major automaker before 2020, when several...

  • Aetna is doubling the quarterly dividend it pays shareholders and buying back stock as it regroups from its failed attempt to acquire rival health insurer Humana. The Hartford, Connecticut, insurer had said Tuesday that it was calling off plans to buy Humana Inc. for roughly $34 billion. Aetna had paused its dividend increases after announcing the Humana bid...

  • NOVI, Mich. _ Cooper-Standard Holdings Inc. on Thursday reported fourth-quarter net income of $31.1 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.32 per share. Cooper-Standard expects full-year revenue in the range of $3.48 billion to $3.53 billion.

  • DETROIT— The United Auto Workers union is preparing an ad campaign that urges consumers to buy U.S.-made cars and trucks as it tries to tap into President Donald Trump's efforts to rebuild the country's manufacturing sector. Williams told reporters Thursday that the union wants to take advantage of what it sees as a movement in the U.S. to bring back...

  • DETROIT, Feb 16- United Auto Workers President Dennis Williams said on Thursday the union is contacting workers at Silicon Valley electric car maker Tesla Inc, and plans to boost efforts to convince U.S. consumers not to buy vehicles built in other countries, including those sold by the Detroit automakers. The UAW leader also used a meeting with reporters to...

  • DETROIT- Feb 16- United Auto Workers President Dennis Williams said on Thursday the union plans to step up its efforts to convince U.S. consumers not to buy vehicles built in other countries, including those sold by the Detroit automakers. "If it's not made in America, don't buy it," Williams said during a briefing for reporters at the union's Detroit headquarters,...

  • Feb 16- The president of the United Auto Workers union said on Thursday UAW organizers are in contact with workers at Silicon Valley electric car maker Tesla Inc, but said any formal effort to organize workers will "be determined by the interest of employees." UAW President Dennis Williams said the UAW is not paying a worker who went public with concerns about...

  • TROY, Mich. _ Syntel Inc. on Thursday reported fourth-quarter earnings of $48 million. Syntel expects full-year earnings to be $1.75 to $2 per share, with revenue in the range of $900 million to $945 million. Syntel shares have climbed 18 percent since the beginning of the year.

  • CHICAGO, Feb 16- So much for states' rights. Seven states- including populous California, Illinois and Maryland- are implementing government-sponsored auto-IRA plans, and another 30 are considering their own, according to AARP, which has been supporting and tracking the initiatives. The House of Representatives approved a resolution on Wednesday that would...

  • In Massachusetts, a group that lobbies on behalf of dentists has for the first time signaled a willingness to embrace the concept, though its proposal is viewed as unnecessarily restrictive by sponsors of a competing bill in the Legislature. "We are not a silver bullet for helping access to dental care, but we are a great tool," said Christy Jo Fogarty, a dental...

  • Feb 15- Wal-Mart Stores Inc has acquired online outdoor clothing and gear retailer Moosejaw for $51 million in an all-cash deal, the company said on Wednesday, as it works to boost its competitive standing in U.S. e-commerce. In August 2016, the world's largest retailer paid more than $3 billion to acquire online startup Jet.com and in late December, Jet.com...

  • NEW YORK— Wal-Mart has acquired the outdoor clothing and gear seller Moosejaw for $51 million as it expands its online offerings. Wal-Mart says Madison Heights, Michigan- based Moosejaw, which is largely online and sells more than 400 brands, will keep operating its site and stores. Bentonville, Arkansas- based Wal-Mart also purchased online marketplace...

  • DETROIT— If you do your homework, now is the time to practically steal a new sedan from your car dealer. Brad Korner, general manager of AIS Rebate, an Ann Arbor, Michigan, firm that follows the labyrinth of automaker discounts, equates buying a car cheap with purchasing discounted baked goods. Earl Stewart, a North Palm Beach, Florida, Toyota dealer who is critical of...

  • NEW YORK— President Donald Trump's first weeks in office have spawned anxiety and even arguments at some workplaces, putting owners— especially at smaller companies— in the position of needing to protect peace and productivity. At software maker BetterWorks, CEO Kris Duggan has noticed a drop in productivity since Trump's Jan. 20 inauguration, with staffers...

  • FRANKFURT, Germany— German politicians are expressing concern about a possible takeover of General Motors' Opel division by France's PSA Group, maker of Peugeot and Citroen cars. Opel employs 19,000 people in Germany out of a total work force of 38,000. And it's an election year in Germany, which means politicians are particularly sensitive to anything that...

  • INDIANAPOLIS— President Donald Trump's pick to oversee Medicare and Medicaid advised Vice President Mike Pence on health care issues while he was Indiana's governor, a post she maintained amid a web of business arrangements— including one that ethics experts say conflicted with her public duties. The company holds a financial stake in the health care...

  • DETROIT— Young drivers aren't alone in behaving badly on U.S. roads, a trend that could be contributing to a spike in highway deaths. Well over half of drivers in every age group have texted behind the wheel, run a red light or driven faster than the speed limit in the last 30 days, according to a new study by the AAA Foundation for Traffic Safety. "It was a surprise that...

  • WASHINGTON, Feb 14- A federal judge on Tuesday granted preliminary approval to a plan for Volkswagen AG to pay at least $1.22 billion to fix or buy back nearly 80,000 polluting 3.0- liter diesel vehicles in the United States over the German automaker's emissions-cheating scandal. District Judge Charles Breyer in San Francisco also agreed at a court hearing to...