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Tag Archives: Detroit

Salaried retirees face losses if Visteon transfers its liabilities

Salaried retirees face losses if Visteon transfers its liabilities Salaried retirees at Visteon are trying to raise money to cover legal costs as they fight the possibility that they could lose part of their pensions in the supplier’s bankruptcy case. Read more on Detroit Free Press Read More...

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IRS helping thousands pay for health insurance

IRS helping thousands pay for health insurance The IRS is helping more than 40,000 residents of Michigan buy health insurance “after they lost their jobs to foreign competition or had their pension plans terminated,” The Detroit News reports. Read more on News-Medical-Net Read More...

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Michigan overpaid $6.2M in unemployment; fraud cases net criminal charges

Michigan overpaid $6.2M in unemployment; fraud cases net criminal charges Unemployment insurance fraud is its own crime in Michigan, and state officials say it’s on the rise as some people look to turn an easy buck on the social safety net. Read more on Detroit Free Press Read More...

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Michigan overpaid $6.2M in unemployment

Michigan overpaid $6.2M in unemployment Unemployment insurance fraud is its own crime in Michigan, and state officials say it’s on the rise as some people look to turn an easy buck on the social safety net. Read more on Detroit Free Press Read More...

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A look at Granholm’s proposed budget; it includes new taxes, cuts

A look at Granholm’s proposed budget; it includes new taxes, cuts LANSING — Gov. Jennifer Granholm called her new budget reasonable and responsive to a changing state economy. Republicans and some groups object. Read more on Detroit Free Press Read More...

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Toyota suffers from bad news

Toyota suffers from bad news Nearly universal awareness of Toyota’s recall campaigns is expected to leave lingering questions about the automaker’s reputation for quality for some time. Read more on Detroit Free Press Read More...

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Obama’s Bank Tax Spurs Fairness Queries: Automakers, AIG Rack Up Losses

Obama’s Bank Tax Spurs Fairness Queries: Automakers, AIG Rack Up Losses January 21, 2010 (The Washington Times) President Obama tailored his proposed tax on banks to tap into public anger at Wall Street, yet the $117 billion raised would be used mostly to pay for losses from the bailout of Read More...

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Good Show, Detroit

Good Show, Detroit The mood at this year’s auto show is better and, more important, the cars are better Read more on BusinessWeek Read More...

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Notes from the 2010 Detroit auto show

Notes from the 2010 Detroit auto show DETROIT (AP) _ Chrysler CEO Sergio Marchionne said the automaker will start hiring production workers again if it sells enough cars and trucks. Read more on INO News Read More...

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SUSAN TOMPOR: Modified home loan can hurt

SUSAN TOMPOR: Modified home loan can hurt The last thing many troubled homeowners want to hear is that they could be denied a car loan after they get a chance to modify their home loan. But credit scores can get dinged after a home loan modification, making it more costly or tougher to get a loan Read More...

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