Top News & Analysis Michigan

  • NEW YORK, Nov 20- Americans may need an extra helping of patience this Thanksgiving weekend, with the largest number of travelers in a decade expected to hit the road or board flights to celebrate with family and friends after a prosperous year for many. "This is translating into more travelers kicking off the holiday season with a Thanksgiving getaway."

  • CHICAGO, Nov 20- Detroit is eyeing savings from a just-launched redemption offer for bonds it issued in 2014 as part of the city's exit that year from its historic bankruptcy, municipal officials said on Tuesday. Detroit issued the bonds as part of its federal court-approved plan to exit what was then the biggest U.S. municipal bankruptcy, which allowed the city...

  • MIAMI, Nov 15- Ford Motor Co Chief Executive Jim Hackett told Reuters the company was open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG was a "delicate dance." However, Hackett said expanding collaboration to other areas, such as electric vehicles or...

  • Nov 15- AutoNation Inc will offer a used-car subscription service from auto leasing startup Fair through AutoNation's network of more than 300 U.S. dealers, starting later this month in California, the companies said on Thursday. The service, described as an alternative to traditional ownership and leasing, is similar to new-vehicle subscriptions offered by...

  • MIAMI, Nov 15- Ford Motor Co Chief Executive Jim Hackett told Reuters the automaker is open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG is a "delicate dance." However, Hackett said expanding collaboration to other areas, such as electric vehicles or...

  • WASHINGTON, Nov 14- European Union Trade Commissioner Cecilia Malmstrom said on Wednesday that the EU has a list of potential retaliation targets ready in case U.S. Malmstrom also said that the EU is willing to negotiate a limited trade deal on industrial goods, including autos, that seeks to bring tariff rates to zero for both the United States and Europe.

  • View of Baltimore's Inner Harbor from Federal Hill Park.

    One New England city offers nearly $80,000 worth of incentives.

  • Nov 13- Zotye Automobile, a Ford Motor Co partner in China, said on Tuesday it planned to begin selling SUVs in the United States in 2020.. "There is no current plan for Zotye USA to sell EVs in the U.S. market," Zotye spokesman Chris Hosford said in an email on Tuesday. Zotye USA is owned by HAAH Automotive Holdings, headed by President and Chief Executive Duke Hale, a...

  • Rep. Maxine Waters, D-Calif., speaks at a press conference on Capitol Hill, Jan. 31, 2017.

    Democrats are promising new scrutiny of corporate America's biggest names as they expand their power on Capitol Hill.  

  • NEW YORK, Nov 9- U.S. companies are warning about rising wages eating into profit margins, increasing investor worries that next year's expected drop in profit growth may be sharper than feared. That is up from just a handful of companies that noted these concerns over a similar period in the year-ago quarter, an analysis of earnings calls by Thomson Reuters...

  • Nov 8- The trade landscape in the U.S. House of Representatives will shift significantly next year following Democrats' seizure of control in Tuesday's elections. Pelosi also has applauded Trump's initial round of tariffs against China, citing the need to combat China's "brazenly unfair trade policies". Richard Neal of Massachusetts is expected to become...

  • Nov 8- More than a third of U.S. nuclear power plants could shut for economic reasons over the next decade, a greater number than most analysts expect, according to a study released on Thursday by the Union of Concerned Scientists, a public policy group that focuses on environmental and energy issues. Michigan energy company DTE Energy Co said its Fermi reactor is...

  • NEW YORK, Nov 7- Shares of cannabis companies rose on Wednesday as results from the previous day's U.S. elections pointed to more favorable political conditions for the cannabis industry. Tilray Inc shares jumped 30.6 percent. Michigan became the 10th state to approve recreational use of marijuana, while Missouri and Utah passed measures to legalize medical...

  • NEW YORK, Nov 7- Shares of cannabis companies rose on Wednesday as results from the previous day's U.S. elections pointed to more favorable political conditions for the cannabis industry. Tilray Inc shares jumped 30.6 percent. Michigan became the 10th state to approve recreational use of marijuana, while Missouri and Utah passed measures to legalize medical...

  • issues for schools, roads, parks, sewers and other projects as well as measures to rein in taxation and expand Medicaid. F-State of California $8.87 bln for water projects P-State of California $4 bln for housing and veterans' loans P-San Diego Unified School District $3.5 bln for school improvements P-State of California $2 bln for homeless housing P-State of...

  • NEW YORK, Nov 7- Shares of cannabis companies rose on Wednesday as results from the previous day's U.S. elections pointed to more favorable political conditions for the cannabis industry. Tilray Inc shares jumped 30.6 percent. Michigan became the 10th state to approve recreational use of marijuana, while Missouri and Utah passed measures to legalize medical...

  • issues for schools, roads, parks, sewers and other projects as well as measures to rein in taxation and expand Medicaid. F-Pima County $430 mln for roads and highways Mesa School District $300 mln for upgrades and renovations. F-State of California $8.87 bln for water projects P-State of California $4 bln for housing and veterans' loans P-San Diego Unified...

  • Nov 7- Canada's main stock index rose on Wednesday, after robust quarterly results in some technology companies improved market sentiment. *At 9:36 a.m. ET, the Toronto Stock Exchange's S&P/TSX Composite index was up 71.06 points, or 0.46 percent, at 15,363.77. *The energy sector rose 1.6 percent, after oil prices rebounded to $73 a barrel, buoyed by a report that...

  • The midterm election results that will come in after 8 p.m. ET will make or break either party's chances for controlling Congress.  

  • *CVS expects Aetna transaction to close by Thanksgiving. *Says reached agreement with California on Aetna deal. CVS, which last month won U.S. Department of Justice approval to buy Aetna, said it reached agreement with the state of California on the acquisition and expects to finalize terms over the coming days.