Detroit News
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Updated 1 hour, 13 minutes ago
In making my case for continued housing weakness, I’ve emphasized the negative effect of excess inventories on house sales, prices, new construction and just about every other aspect of residential real estate.
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General Motors Co. and PSA Peugeot Citroen are in talks to form a broad partnership as the two automakers struggle with declining car sales in Europe.
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General Motors Co. invested $70 million in a distribution center in Dubai to supply parts for Chevrolets and other vehicles as the world’s largest automaker expands in the Middle East.
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Maybe anyone who voluntarily runs the gantlet we call our presidential election process must be mentally imbalanced in some respect, but this year’s crop of Republican candidates has been especially odd.
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Wal-Mart Stores Inc., the world’s largest retailer, reported fourth-quarter profit that trailed analysts’ estimates as an emphasis on low prices hurt margins. The shares tumbled the most in six months.
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Cancer-drug shortages that have plagued U.S. hospitals are being targeted by Food and Drug Administration decisions, announced today, giving generic-drug makers clearance to provide stopgap replacements.
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UBS AG’s decision to become first- confessor as regulators probe the alleged manipulation of interest rates will ratchet up the risks for other banks that set the benchmark for $360 trillion of securities worldwide.
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Rajon Rondo of the Boston Celtics sat out last night’s loss to the Dallas Mavericks after being suspended two games by the National Basketball Association for throwing a ball that struck an official in the chest.
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Mitt Romney mentioned in an opinion piece for a Michigan newspaper last week that he learned to love “chrome and fins and roaring motors” while growing up in Detroit. His father might have disagreed with such sentiment.
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Rajon Rondo of the Boston Celtics was suspended two games by the National Basketball Association for throwing a ball that struck an official in the chest.
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