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Top News & Analysis Michigan

  • GRAND RAPIDS, Mich. _ Universal Forest Products Inc. on Tuesday reported second-quarter earnings of $33.6 million. The Grand Rapids, Michigan- based company said it had net income of $1.64 per share. Keywords: Universal Forest Products, Earnings Report.

  • FRANKFURT, Germany— German automaker Daimler will voluntarily recall 3 million Mercedes-Benz brand cars with diesel engines in Europe to improve their emissions performance, the company said Tuesday in the wake of widespread public debate over the future of diesel. The Stuttgart- based company said it was taking the step to reassure drivers and strengthen...

  • GM extends shutdown at Chevy Bolt plant as inventories swell

    General Motors has extended a shutdown at the Michigan factory that builds the new Chevrolet Bolt electric car, reports Reuters.

  • LANSING, Mich. _ Neogen Corp. on Tuesday reported fiscal fourth-quarter net income of $12.5 million. The Lansing, Michigan- based company said it had profit of 32 cents per share. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 32 cents per share.

  • GRAND RAPIDS, Mich. _ Mercantile Bank Corp. on Tuesday reported second-quarter earnings of $7.3 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. Three analysts surveyed by Zacks expected $31.3 million.

  • WASHINGTON, July 17- The United States on Monday launched the first salvo in the renegotiation of the 23- year-old North American Free Trade Agreement, saying its top priority for the talks was shrinking the U.S. trade deficit with Canada and Mexico. Trade Representative Robert Lighthizer said he would seek to reduce the trade imbalance by improving access for...

  • ORION TOWNSHIP, Mich./ DETROIT, July 17- General Motors Co has extended a shutdown at the Michigan factory that builds the new Chevrolet Bolt electric car as part of a broader effort to get control of bulging inventories of unsold vehicles in the United States. GM's vehicle inventory in the United States hit a 10- year high in June at 105 days supply.

  • WASHINGTON, July 17- The United States on Monday launched the first salvo in the renegotiation of the 23- year-old North American Free Trade Agreement, saying its top priority for the talks was shrinking the U.S. trade deficit with Canada and Mexico. Trade Representative Robert Lighthizer said he would seek to reduce the trade imbalance by improving access for...

  • DETROIT— Electric car maker Tesla Inc. has named two new directors to its board, heading off criticism from some investors that its board members are too closely linked. James Murdoch, the CEO of 21st Century Fox, and Linda Johnson Rice, the chairman and CEO of Johnson Publishing Co., are joining the now nine-member board. Murdoch— the son of media mogul Rupert...

  • ORION TOWNSHIP, Mich./ DETROIT, July 17- General Motors Co has extended a shutdown at the Michigan factory that builds the new Chevrolet Bolt electric car as part of a broader effort to get control of bulging inventories of unsold vehicles in the United States. GM's vehicle inventory in the United States hit a 10- year high in June at 105 days supply.

  • Chevrolet Bolt vehicles sit covered in front of Chevrolet Sonic vehicles outside the General Motors Orion Assembly Plant in Orion Township, Michigan.

    General Motors has extended a shutdown at the Michigan factory that builds the new Chevrolet Bolt electric car.

  • ORION TOWNSHIP, Michigan/ DETROIT, July 17- G eneral Motors Co has extended a shutdown at the Michigan factory that builds the new Chevrolet Bolt electric car as part of a broader effort to get control of bulging inventories of unsold vehicles in the United States. GM's vehicle inventory in the United States hit a 10- year high in June at 105 days supply.

  • ORION TOWNSHIP, Michigan/ DETROIT, July 17- G eneral Motors Co has extended a shutdown at the Michigan factory that builds the new Chevrolet Bolt electric car as part of a broader effort to get control of bulging inventories of unsold vehicles in the United States. GM's vehicle inventory in the United States hit a 10- year high in June at 105 days supply.

  • President Donald Trump they expect him to keep election campaign promises to protect American workers in NAFTA talks, but they stopped short of demanding termination of the 1994 trade pact with Canada and Mexico. President Richard Trumka of the AFL-CIO, an umbrella organization of unions representing 12.5 million workers, said the North American Free Trade...

  • Navya says it's opening a 20,000- square-foot factory in Saline, Michigan, about 50 miles southwest of Detroit. It's close to the University of Michigan, which will begin testing Navya's driverless shuttles on its campus this fall. Navya, which is based in Paris and Lyon, France, completed development of its low-speed, driverless shuttle in 2015.

  • President Donald Trump they expect him to keep election campaign promises to protect American workers in NAFTA talks, but they stopped short of demanding termination of the 1994 trade pact with Canada and Mexico. President Richard Trumka of the AFL-CIO, an umbrella organization of unions representing 12.5 million workers, said the North American Free Trade...

  • DETROIT— A Minnesota man is blaming Tesla's partially self-driving Autopilot system for a crash over the weekend. The Kandiyohi County Sheriff's Office says David Clark was driving his Tesla Model S sedan with four passengers Saturday evening in Hawick, Minnesota. Palo Alto, California- based Tesla said it's investigating and will cooperate with local...

  • Bruce Rauner, governor of Illinois, left, delivers a budget address in the House Chamber of the State Capitol building in Springfield, Illinois.

    Tight revenues and uncertainty about the impact of federal tax and budget policies has ignited the worst state budget battles since 2007.

  • The monitoring wells run about 50 feet deep and are about a half-mile from far deeper wells drilled by the TVA directly into the Memphis Sand aquifer. Next year, the TVA plans to pump 3.5 million gallons of water out of the aquifer per day to cool a natural gas power plant that is replacing the aging Allen coal plant. This prompted the Tennessee Department of...

  • The case is the latest in a series of civil and criminal actions the U.S. Environmental Protection Agency and the Justice Department have pursued to crack down on automakers that cheat on pollution tests in an attempt to avoid paying the costs of compliance. The Justice Department said Wayne Powell, while serving as a government relations analyst based at...