Top News & Analysis Michigan

  • *LME Stocks and Warehouse Units: https://tmsnrt.rs/2MhPxQ8. *Changes in Units by Operator: https://tmsnrt.rs/2ycuLJB. LONDON, July 26- Investment fund Cobalt 27 boasts on its website that it holds 2,904.7 tonnes of physical cobalt "fully insured and stored in LME-certified warehouses in Europe and the U.S."

  • July 25- Canadian pipeline company Enbridge Inc said on Thursday it will consider re-routing its Line 5 oil pipeline after a Native American tribe in Wisconsin sued the company in a bid to get the pipeline moved off its reservation. The Bad River Band filed a federal lawsuit against Enbridge on Tuesday in the Western District of Wisconsin, asking for a section of...

  • DETROIT, July 25- Group 1 Automotive Inc on Thursday posted a lower second-quarter profit as the negative effects of Britain's upcoming exit from the European Union overshadowed strong results in the U.S. market. Group 1, the No. 3 U.S. auto dealership group, said it is performing a "significant cost reduction effort" in Britain in response. Net income in the second...

  • NEW YORK, July 25- Only 200 miles separate Michael Tilden and Miranda Garcia in rain-soaked Iowa. Garcia, a 38- year-old former journalist and Democrat from Des Moines, thinks flooding has been getting worse in the state, which just came out of its wettest 12- months on record. Tilden, a 44- year-old math teacher and Republican from Sioux City, thinks otherwise: Ive...

  • July 24- A Native American tribe in Wisconsin is suing Enbridge Inc in a bid to shut down an aging oil pipeline that runs across its tribal land, the latest in a string of challenges against the Canadian company's pipelines in the U.S. The Bad River Band filed a federal lawsuit against Enbridge on Tuesday in the Western District of Wisconsin, asking for the section...

  • DEARBORN, Mich., July 24- Ford Motor Co on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker gave a full-year earnings forecast that fell short of analysts' expectations. The automaker also posted a small profit in Europe and a far smaller loss in China compared with the...

  • DETROIT, July 24- Ford Motor Co on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker gave a full-year earnings forecast that fell short of analyst expectations. The automaker also posted a small profit in Europe and a far smaller loss in China versus the second...

  • DETROIT, July 24- Ford Motor Co on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker gave a full-year earnings forecast that fell short of analyst expectations. The automaker also posted a small profit in Europe and a far smaller loss in China versus the second...

  • DETROIT, July 24- Ford Motor Co on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker gave a full-year earnings forecast that fell short of analyst expectations. Virtually all of Ford's pre-tax profit came from North America, its most lucrative market, where...

  • July 24- A Native American tribe in Wisconsin is suing Enbridge Inc in a bid to shut down an aging oil pipeline that runs across its tribal land, the latest in a string of challenges against the Canadian company's pipelines in the U.S. The Bad River Band filed a federal lawsuit against Enbridge on Tuesday in the Western District of Wisconsin, asking for the 12- mile...

  • July 24- A Native American tribe in Wisconsin is suing Canadian pipeline company Enbridge Inc in a bid to have an oil pipeline that runs across its tribal land shut down and removed. The Bad River Band filed a federal lawsuit against Enbridge on Tuesday in the Western District of Wisconsin calling for the 12- mile section of Line 5 that runs across its reservation...

  • Ford employs approximately 4,600 workers at the Oakville plant. "We have been arguing as a local for the past several weeks trying to persuade the company from somehow avoiding this scenario, but to no avail," Dave Thomas, president of Unifor Local 707, in Oakville, Ontario, said in a note to members that was posted on the union's website on Wednesday.

  • In a glitzy presentation in Orange County outside Los Angeles, the eighth generation of the 66- year-old "Vette," in red, white, and blue, roared down a runway stopping short before an audience of Corvette enthusiasts, GM executives, dealers and media. With a 495 horsepower, V8 engine and dual clutch, the Corvette will go from zero to 60 mph in under 3 seconds, executives...

  • TUSTIN, Calif., July 18- General Motors Co was set on Thursday to unveil its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even as the No. 1 U.S. automaker faces mounting pressures in a sluggish and uncertain global sales environment. Revved up to take on high-performance European rivals with the all-new model dubbed the...

  • Sherwin-Williams, ConAgra Grocery Products Co. and NL Industries have agreed to a $305 million settlement, according to a filing in Santa Clara County Superior Court in California on Wednesday. High-profile public nuisance claims have proliferated in recent years in the United States as local governments try to use the courts to make corporations pay for...

  • Sherwin-Williams, Conagra Brands Inc and NL Industries have agreed to a $305 million settlement, according to a filing in Santa Clara County Superior Court in California on Wednesday. High-profile public nuisance claims have proliferated in recent years in the United States as local governments try to use the courts to make corporations pay for societal...

  • "We invested in you, now it's your turn to invest in us," United Auto Workers' President Gary Jones said at a joint event with GM executives in downtown Detroit. Workers from GM's Lordstown, Ohio, plant, wearing red shirts emblazoned with "Invest in Lordstown," greeted UAW officials with applause as they arrived at the event on Tuesday. GM is in talks to sell the Lordstown...

  • UberEats, DoorDash and GrubHub Inc have all pushed into the delivery business, which had been at the heart of Domino's expansion into the world's biggest pizza chain. Bernstein analyst Sara Senatore said comparable sales of 3% was at the low end of the company's long-term targets for the United States. Total revenue rose 4.1% to $811.6 million in the quarter,...

  • Sen. Gary Peters, D-Mich.

    Senator Gary Peters (D-Mich.) joins "Squawk Box" to discuss the U.S. manufacturing sector and how trade is playing a role.

  • DETROIT, July 15- The United Auto Workers and Ford Motor Co will officially launch talks on a four-year contract on Monday that are expected to be contentious, with rising healthcare costs, job security and the use of temporary workers expected to be major sticking points. General Motors Co and Fiat Chrysler Automobiles NV will kick off their own talks with the...