General Motors plans to invest $190 million in its Lansing Grand River assembly plant where it will build a new Cadillac model, resulting in 600 new jobs and the addition of a second shift.
Ford, General Motors and Chrysler have been granted a combined $2.1 billion in tax breaks to invest in 17 new projects in Michigan, the state's economic development agency said Tuesday.
The Bureau of Labor Statistics data on regional and state unemployment for September shows jobless rates remain uneven. Nevada and Michigan have been particularly hard hit, with no relief in sight.
Blue Cross Blue Shield of Michigan has been sued by the U.S. Justice Department for what regulators say are actions by the insurer that boost both hospital and consumer costs while stifling competition.
General Motors unveiled plans Thursday to build a new compact Buick sedan at an idled plant in Michigan that once built Pontiacs. The automaker will invest $145 million to retool the Orion Assembly plant, which will build the new Buick Verano sedan as well as a yet-unnamed small Chevrolet car, GM said during a press briefing at the plant, about 40 miles north of Detroit.
After Tuesday's primary, the governor's race in Michigan sounds like a battle between comic book villains. The GOP's Rick Snyder, former head of Gateway Computer, calls himself "one tough nerd." His Democratic foe, Lansing Mayor Virg Bernero, has the nickname "America's Angriest Mayor."
Oregon is the latest state to notch a big win in the effort to attract green jobs: Silicon Valley solar company Solexant has announced plans to build a large factory to produce thin-film solar panels near Portland. Oregon gets jobs; Solexant gets a $25 million loan and $18.75 million in tax credits.
Ford Motor added more feathers to its cap Monday by sweeping two industry awards. It's Fusion Hybrid mid-sized sedan was named 2010 North American Car of the Year, while its Transit Connect fleet vehicle took truck of the year.