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GMAC to replace board; Chairman Merkin resigns

Posted: 01/09/2009 - GMAC Financial Services LLC, the financing arm of General Motors Corp., says Chairman J. Ezra Merkin is stepping down effective immediately, as it names a new board of directors.

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GM's $13.4 billion federal loan deal bars strikes

Posted: 01/09/2009 - A provision of General Motors' $13.4 billion in federal loans automatically places them in default if GM's union workers go on strike, and newspaper reports say Chrysler LLC's $4 billion loan includes similar terms.

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Michigan crafts wish list for stimulus package

Posted: 01/08/2009 - Michigan officials are crafting a multibillion dollar wish list for road improvements and other projects in anticipation of an expected federal stimulus package.

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Michigan struggles to keep up with jobless claims

Posted: 01/08/2009 - Michigan officials have reassigned staff and added server capacity recently in hopes of keeping up with increased demand from people filing for unemployment benefits.

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Allen Park could get movie production complex

Posted: 01/07/2009 - Allen Park officials say they're close to a deal with a Hollywood company to build a film production complex in the Detroit suburb as part of a $100 million project.

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Bay City considers dyeing Saginaw River green

Posted: 01/07/2009 - A man's request to dye the Saginaw River emerald green for St. Patrick's Day has raised a red flag among some Bay City officials who say the brown-colored tributary may be better left alone.

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