Legal equality doesn’t exist for Michigan’s gay and lesbian couples, a lawyer for two women challenging the law that keeps them from marrying told a judge in a trial held as such barriers were attacked in other states.
Ford Motor Co., which plans to cease making the Econoline van later this year, will revive the Ohio factory where the vehicle is made by investing $168 million to move pickup production there from Mexico early in 2015.
Bernard Winograd, a retired Prudential Financial Inc. executive who earlier helped devise the initial public offering for luxury-mall developer Taubman Centers Inc. in 1992, a milestone in the growth of real estate investment trusts, has died. He was 63.
Retired Detroit public workers sent dozens of handwritten letters to the federal judge overseeing the city’s record municipal bankruptcy, pleading with him to protect their health-care and pension benefits.
Syncora Guarantee Inc. threatened to put another obstacle in the way of Detroit’s efforts to cut debt through bankruptcy by saying it may oppose the city’s plan to pay $85 million to end interest-rate swaps.
General Motors Co. may increase exports of cars built in South Korea to Australia to offset production declines after the largest U.S. automaker decided to pull its Chevrolet brand from the European market.
The U.S. told General Motors Co. to detail what it knew, and when, about ignition-switch failures linked to 13 deaths that led the nation’s largest automaker to recall 1.6 million Chevrolet, Pontiac and Saturn vehicles.
In Detroit, 45 percent of the population rents and the remaining 55 percent are homeowners. And in the past year the Detroit real estate market has seen an 4.8 percent increase in value, with a median sales price of $31,800, according to Zillow.