Tag Archive | "U.S."

Faith No More’s first U.S. tour since 2010 will stop in Detroit, include new music

DETROIT, MI — Faith No More announced Monday the band will make this year its first stop in Detroit since a Sept. 24, 1997 show at Saint Andrew’s Hall. Full News here – Detroit Entertainment

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U.S. Supreme Court to decide Michigan same-sex marriage case, 3 others

Mark Sherman Associated Press – WASHINGTON — Setting the stage for a potentially historic ruling, the U.S. Supreme Court announced Friday it will decide whether same-sex couples have a right to marry in Michigan and across the country under the Constitution. The justices will take up gay-rights cases from Michigan, Kentucky, Ohio and Tennessee that […]

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New pickups debut in Detroit as competition heats up in key U.S. segment

Pickups are clearly among the hottest selling vehicles in the U.S., where rugged individualism can mean knowing you have the ability to haul your own lumber. Full News here – Detroit Business News

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The Gores Group acquires U.S. Farathane Corp.

Dustin Walsh – The private equity firm The Gores Group acquired Auburn Hills-based U.S. Farathane Corp. for more than $ 100 million. Los Angeles-based The Gores Group is led by Alec Gores, brother of Detroit Pistons owner Tom Gores. U.S. Farathane CEO Andy Greenlee and several members of its management team were also part of […]

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Detroit auto show: Nissan reveals 2016 Titan, automaker’s attempt to increase presense in U.S. full-size pickup market

Company President and CEO Carlos Ghosn is calling the design a “new class,” targeting buyers looking for something more affordable than the heavy-duty segment can offer, yet something more powerful than the light-duty offerings. Full News here – Detroit Business News

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U.S. new auto sales at highest level since 2006

Sales of new vehicles in the U.S. last year grew by 6 percent to 16,522,000 units, according to AutoData Corp., marking the highest rate since 2006. Full News here – Detroit News

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U.S. jobless claims fell in 2014 to lowest in 14 years

Shobhana Chandra Bloomberg – Fewer Americans filed applications for unemployment benefits in 2014 than at any time in 14 years as the economic expansion strengthened. An average 308,500 workers a week filed jobless claims this year, the least since 299,600 in 2000, according to figures released Wednesday from the Labor Department in Washington. Applications climbed […]

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Ally sale leaves U.S. taxpayers with $9.3 billion loss on auto rescues

Bloomberg – U.S. taxpayers lost $ 9.3 billion on the government’s bailout of auto companies following the Treasury Department’s sale of its remaining stake in Ally Financial Inc. The Treasury took in $ 70.4 billion from the rescue of companies including General Motors Co., Chrysler Group and Detroit-based auto lender Ally after spending $ 79.7 […]

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Gas price free-fall: Grand Rapids area among 5 lowest price averages in U.S.

Motorists scouting for cheap gas have little need to look further than West Michigan. Full News here – Oakland Business

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U.S. holiday retail sales online hit record

Spencer Soper Bloomberg News – Amazon.com Inc. and other Web retailers sold more products than ever this holiday season, boosted by early promotions and investments in delivery systems that helped avoid the widespread shipping snags of last year. Online shopping is on pace to rise 16 percent to $ 61 billion for the November to […]

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Here’s what Michigan Comcast customers watched in 2014, compared to U.S. viewers

Time shifting, instead of binge-watching, is the new way we are consuming our shows, explains a Comcast executive. Full News here – Oakland Business

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U.S. to sell remaning stake in Ally, ending lender’s 6-year bailout

Elizabeth Dexheimer and Dakin Campbell Bloomberg News – Ally Financial Inc. said the U.S. government will sell its remaining $ 1.25 billion stake in the auto lender, resolving the last big bailout from an emergency government program to halt the 2008 financial crisis. The Treasury Department is disposing of 54.9 million shares of the company’s […]

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Weekly U.S. unemployment aid applications fall to 294,000

Josh Boak, AP Economics Writer – WASHINGTON — Fewer people sought U.S. unemployment benefits last week, as the continued low levels of applicants reflect growing job security. The Labor Department says weekly applications fell 3,000 to a seasonally adjusted 294,000. The four-week average, a less volatile measure, ticked up a slight 250 to 299,250. Over […]

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U.S. Women’s soccer lands in ‘group of death’

The United States drew the toughest group for the Women’s World Cup next year in Canada, and will face Australia in its opening match in Winnipeg on June 8. Full News here – Sports | WXYZ

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Report: About 3 million Honda vehicles need to be fixed in U.S. airbag recall

Honda Motor Co. will need to replace airbags in about 3 million vehicles in the U.S. after the Japanese automaker expanded a recall nationwide, Bloomberg reports. Full News here – Detroit Business News

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