Archive for March, 2009

The man leading the White House effort to lend assistance to cities and towns that depend on the auto industry is heading to Lansing and Detroit.

Ed Montgomery will meet with Michigan Gov. Jennifer Granholm and her economic team on Wednesday. The…

Tension between the Obama administration and congressional Republicans over healthcare flared anew today as the president’s choice to head the Department of Health and Human Services came to Capitol Hill for her first confirmation hearing.

Kansas Gov….

If Aretha Franklin weren’t so idiosyncratic – she doesn’t like to leave her home in Detroit, she’s scared of flying and can’t perform with air-conditioning – she’d probably be a concert attraction on par with Tina Turner or Paul McCartney. Instead, the…

General Motors Corp. is prepared to enter bankruptcy if it cannot restructure by itself, the company’s new chief executive, Fritz Henderson, said today.

“Our preference is to do this outside a bankruptcy process,” said Henderson, in his first news…

It is a smart move by Barack Obama to meet with David Cameron but they won’t agree on everything says Nile Gardiner.

The White House has stressed its willingness to push for tougher financial rules and accept blame for America’s part in causing the global economic crisis after President Nicolas Sarkozy of France threatened to walk out of the G20 summit

General Motors Corp.’s new chief executive said Tuesday that he will not reduce his salary to $1 a year like his ousted predecessor, Rick Wagoner.

Fritz Henderson, GM’s former chief operating officer, said at a news conference that his pay will remain…

The reform commission launched by Gov. Pat Quinn unveiled a sweeping blueprint for change Tuesday, calling for curbs on the types of political corruption expected to be detailed in an impending indictment of ousted Gov. Rod Blagojevich.

The commission’s…