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Top News & Analysis Michigan

  • Dec 13- Michael Moritz- chairman of Sequoia Capital and one of the most successful venture capitalists in history- says a simple vision led him to invest hundreds of millions of dollars in on-demand delivery startups. Led by Sequoia and another blue-chip Silicon Valley firm- Kleiner Perkins Caufield& Byers- venture investors have poured at least $9 billion into...

  • Four U.S. industry sources who follow China policy closely said they were unsettled by any suggestion of abandoning the "one China" policy, which they said had served the business community well for several decades. "The Chinese are deeply concerned and we hear now from reliable sources in Beijing who suggest the Chinese government, the Communist Party, are...

  • An Uber driverless Ford Fusion drives down Smallman Street on September, 22, 2016 in Pittsburgh, Pennsylvania.

    Companies can now test self-driving cars on Michigan public roads without a driver or steering wheel under new laws that could push the state to the forefront of autonomous vehicle development.

  • Shoppers at a Ford dealership in Schaumburg, Illinois.

    Ford is going ahead with plans to move small-car production from the U.S. to Mexico despite Trump's threats to impose tariffs.

  • Many government services and operations would have been closed or suspended at midnight, when current funding authority expired, if the Senate had not approved the bill. Obama signed the measure, the White House said in a statement issued about 90 minutes after the Senate passed it. Democrats from coal-producing states, led by West Virginia Senator Joe Manchin,...

  • Many government services and operations would have been closed or suspended starting at midnight, when current funding authority expires, if the Senate had not approved the measure. Democrats from coal-producing states, led by West Virginia Senator Joe Manchin, had delayed the Senate vote on the funding bill in a failed attempt to get a bigger extension of the...

  • Dec 9- President-elect Donald Trump said on Friday he would name Andrew Liveris, chairman and chief executive of Dow Chemical Co, to head the Manufacturing Council, a private sector group that advises the U.S. secretary of commerce.

  • Geese walk along the snow covered waterfront park through heavy snowfall as the first winter storm of the season hits the area in Portland, Ore., Thursday, Dec. 8, 2016.

    Snowpiles grew across the US as an Arctic chill and winter storm brought plunging temperatures and dangerous winter conditions, NBC reports.

  • Dec 9- Michigan- based Rivian Automotive is negotiating to buy the former Mitsubishi Motors plant in Normal, Illinois, and plans to reopen it in about five years, city and state officials said Thursday. The seven-year-old company, which has facilities in suburban Detroit and San Francisco, plans to invest up to $175 million in the Normal plant by 2024, according to...

  • GRAND RAPIDS, Mich./ WASHINGTON, Dec 9- When President-elect Donald Trump returns to this factory town on Friday for a victory celebration, he will find a region that is already experiencing the manufacturing renaissance he promised on the campaign trail. Trump won the White House thanks to strong support from workers in Midwestern cities like Grand Rapids who...

  • GRAND RAPIDS, Mich./ WASHINGTON, Dec 9- When President-elect Donald Trump returns to this factory town on Friday for a victory celebration, he will find a region that is already experiencing the manufacturing renaissance he promised on the campaign trail. Trump won the White House thanks to strong support from workers in Midwestern cities like Grand Rapids who...

  • GRAND RAPIDS, Mich./ WASHINGTON, Dec 9- When President-elect Donald Trump returns to this factory town on Friday for a victory celebration, he will find a region that is already experiencing the manufacturing renaissance he promised on the campaign trail. Trump won the White House thanks to strong support from workers in Midwestern cities like Grand Rapids who...

  • GRAND RAPIDS, Mich./ WASHINGTON, Dec 9- When President-elect Donald Trump returns to this factory town on Friday for a victory celebration, he will find a region that is already experiencing the manufacturing renaissance he promised on the campaign trail. Trump won the White House thanks to strong support from workers in Midwestern cities like Grand Rapids who...

  • SINGAPORE, Dec 9- Chicago soybean futures lost more ground on Friday, with the market set for a second week of losses as an improving outlook for weather in Argentina boosted hopes for another year of bumper supplies. *Dry parts of Argentina may see rains within the next two weeks, meteorologists said, buoying hopes of record production in 2017. Brazil's...

  • MELBOURNE, Dec 9- London copper was set for a flat weekly close on Friday, after robust China imports in November offered more evidence that China's economy is on a recovery track. *Shanghai Futures Exchange copper fell by 1.5 percent to 46,760 yuan a tonne. *China's imports grew at the fastest pace in more than two years in November, fuelled by its strong thirst for...

  • *Mitt Romney, 2012 Republican presidential nominee and former Massachusetts governor. *Jon Huntsman, former Republican Utah governor and ambassador to China under President Barack Obama, ran for Republican presidential nomination in 2012. *John Bolton, U.S. ambassador to the United Nations under President George W. Bush, foreign policy adviser to 2012...

  • CANNON BALL/ FORT YATES, N.D., Dec 8- U.S. veterans, thousands of whom last week helped stop a contested oil pipeline running through North Dakota, could become important partners of activists on the environment, the economy, race and other issues that divide Americans. That so many veterans mobilized in less than two weeks to rural North Dakota speaks to the power...

  • DETROIT, Dec 8- U.S. auto sales will fall to about 17.2 million new vehicles next year from an expected 17.4 million in 2016, to be followed by further softening in 2018, industry consultant and publication WardsAuto said on Thursday. WardsAuto analyst Haag Stoddard said 2018 will be the near-term low for U.S. sales, and that they will rise slightly in 2019, but...

  • Recount in Michigan screeches to a halt

    A federal judge sided with the state court, determining that Jill Stein had no valid grounds for the recount.

  • DETROIT, Dec 7- Ford Motor Co by Wednesday had released for sale more than half of the 15,000 F-150 pickup trucks with 10- speed transmissions that were held to ensure quality, a company spokeswoman said. In an interview with Reuters earlier this week, Joe Hinrichs, head of Ford in the Americas, said holding the trucks was the prudent thing to do.