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Top News & Analysis Michigan

  • Trump will attend a G20 summit in Hamburg, Germany, on July 7 and 8, the White House says after Trump spoke by phone to German Chancellor Angela Merkel. U.S. Senate Majority Leader Mitch McConnell says the Senate will have a final vote on April 7 on Trump's nominee for the Supreme Court, Neil Gorsuch, even as more Democrats oppose his confirmation.

  • DETROIT/ WASHINGTON, March 28- Ford Motor Co on Tuesday said it would invest $1.2 billion in three Michigan facilities and create 130 jobs in projects largely in line with a previous agreement with the United Auto Workers union, hours after U.S. In January, Ford scrapped plans to build a $1.6 billion car factory in Mexico and instead added 700 jobs in Michigan...

  • The top Republican in Congress stands by Devin Nunes, a Trump ally who heads the House of Representatives intelligence committee and is under fire for his handling of an investigation into possible Russian ties to the president's election campaign. Trump will attend a G20 summit in Hamburg, Germany, on July 7 and 8, the White House said after Trump spoke by phone...

  • DETROIT— Chinese tech giant Tencent Holdings has acquired a 5 percent stake in electric car maker Tesla Inc.. Tencent spent $1.8 billion acquiring 8.2 million shares during Tesla's stock offering earlier this month, according to documents filed with the U.S. Securities and Exchange Commission. Shenzhen- based Tencent is one of the largest tech companies in...

  • The legislation, which won initial House approval by a 93-60 vote, would undo a longtime Missouri law that requires cities, school districts and other governmental entities to pay more than the state's standard minimum wage for construction and maintenance work on such things as roads, bridges and buildings. Missouri is one of 29 states with such laws, which are...

  • WASHINGTON, March 28- U.S. consumer confidence surged to a more than 16- year high in March amid growing labor market optimism while the goods trade deficit narrowed sharply in February, indicating the economy was regaining momentum after faltering at the start of the year. "We think that real consumption will firm moving forward," said Daniel Silver, an economist...

  • DETROIT/ WASHINGTON, March 28- Ford Motor Co on Tuesday said it would invest $1.2 billion in three Michigan facilities and create 130 jobs in projects largely in line with a previous agreement with the United Auto Workers union, hours after U.S. In January, Ford scrapped plans to build a $1.6 billion car factory in Mexico and instead added 700 jobs in Michigan...

  • The top Republican in Congress stands by Devin Nunes, the head of the House of Representatives intelligence committee, who is under fire for his handling of an investigation into possible Russian ties to Trump's election campaign. Trump will attend a G20 summit in Hamburg, Germany, on July 7 and 8, the White House said after Trump spoke by phone to German...

  • WASHINGTON, March 28- U.S. consumer confidence surged to a more than 16- year high in March amid growing labor market optimism while the goods trade deficit narrowed sharply in February, suggesting the economy was regaining momentum after faltering at the start of the year. "With confidence upbeat and several other signals related to consumer spending in...

  • DETROIT— General Motors has rejected a proposal from investor David Einhorn to split its stock into two classes. The plan from Einhorn's Greenlight Capital hedge fund would create one dividend-paying stock and one "capital allocation" stock. The New York- based hedge fund intends to submit the non-binding plan at the GM annual shareholders' meeting later this...

  • March 28- Tesla Inc, the California- based electric carmaker, said Chinese tech giant Tencent Holdings Ltd acquired a 5 percent stake for $1.78 billion. The deal gives Shenzhen- based Tencent a growing presence in the rapidly expanding future mobility sector, with investments in U.S. and Chinese startup companies that provide ride sharing services and are...

  • DETROIT/ WASHINGTON, March 28- Ford Motor Co on Tuesday said it would invest $1.2 billion in three Michigan facilities and create 130 jobs in projects largely in line with a previous agreement with the United Auto Workers union, hours after U.S. In January, Ford scrapped plans to build a $1.6 billion car factory in Mexico and instead added 700 jobs in Michigan...

  • DETROIT— Ford Motor Co. is investing $1.2 billion in three Michigan facilities, including an engine plant where it plans to add 130 jobs. Major investment to be made in three Michigan plants. Ford announced plans to upgrade some of its Michigan plants in November 2015 as part of a new contract with the United Auto Workers union.

  • *White House says to lead efforts on tax reforms. March 28- U.S. stocks looked set to open slightly lower on Tuesday as investors assessed President Donald Trump's first major policy stumble, while awaiting comments from several Federal Reserve officials, including Fed Chair Janet Yellen. The White House said late Monday it would take a lead role in crafting...

  • President Donald Trump on Tuesday touted an expected announcement from Ford Motor Co about investments and jobs at U.S. plants, saying the automaker would make a major investment in three Michigan facilities. In January, Ford scrapped plans to build a $1.6 billion car factory in Mexico and instead added 700 jobs in Michigan following Trumps criticism.

  • WASHINGTON— President Donald Trump says that Ford Motor Co. is planning to invest in three Michigan auto plants. Major investment to be made in three Michigan plants. Trump has held several meetings at the White House with auto executives since taking office that often included Ford chief executive Mark Fields.

  • President Donald Trump touted Ford Motor Co's expected announcement on Tuesday about investments and jobs at its U.S. plants, saying the automaker would make a major investment in three Michigan facilities. The planned announcement comes less than two weeks after Trump visited Detroit to promise more auto jobs for Michigan and other Midwestern U.S. states.

  • *However, losses on Wall Street were kept in check on hopes that Trump would be able to deliver on his pledge to lower taxes- a proposition that has driven a record-breaking rally on Wall Street. *Federal Reserve Chair Janet Yellen speaks at a conference in Washington at 12:50 p.m. ET and could provide some insight into the timing of the central bank's next...

  • *However, losses on Wall Street were kept in check on hopes that Trump would be able to deliver on his pledge to lower taxes- a proposition that has driven a record-breaking rally on Wall Street. *Federal Reserve Chair Janet Yellen speaks at a conference in Washington at 12:50 p.m. ET and could provide some insight into the timing of the central bank's next...

  • President Donald Trump touted Ford Motor Co's expected announcement later on Tuesday about investments and jobs at its U.S. plants, saying the automaker would be making a major investment in three Michigan facilities. Trump said in a tweet that the anticipated announcement showed "car companies coming back to U.S. It was not immediately clear, though, whether...