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  • Top Business News
  1. 2013 Chevrolet Spark four-passenger, five-door hatch mini cars line the stage during their unveiling Wednesday, November 16, 2011 at the Los Angeles International Auto Show. Photo by Steve Fecht for Chevrolet

    GM will start selling Chevrolet Spark minicar this summer

    The Spark, revealed at the Los Angeles Auto Show in November, is made in South Korea and is already sold in Europe, Asia, Australia, Mexico and South America.

    • Jun. 26, 2012
  2. Jim Kokas, owner of the Opus One restaurant in downtown Detroit, is in the restaurant's kitchen. The 25-year-old fine-dining Opus One is closing on Saturday night and will reopen in November as Opus (Next), a more casual eatery, Kokas announced Monday. 2007 photo by ROMAIN BLANQUART/Detroit Free Press

    Opus One restaurant in Detroit to close, return in Nov. as casual eatery

    Opus One is closing on Saturday night and will reopen in November as Opus (Next), a more casual eatery, the owner of the Detroit restaurant announced Monday.

    • Jun. 26, 2012
  3. FILE - In this Jan. 11, 2012 file photo, Ford CEO Alan Mulally speaks during a Power Panel discussion at the 2012 International Consumer Electronics Show in Las Vegas. (AP Photo/Jack Dempsey, File)

    Report: Ford's Mulally says rescue of GM and Chrysler was 'the right thing to do'

    Mulally testified before Senate Banking Committee on Nov. 4, 2008, in support of the rescue for his competitors.

    • Jun. 26, 2012
  4. The Ford logo is seen on a brand new Ford truck at Serramonte Ford on April 27, 2012 in Colma, California. (Photo by Justin Sullivan/Getty Images)

    Ford fine-tuning Traffic Jam Assist using radar, cameras to speed vehicle along

    Ford is working to keep pace with the competition and has developed technology prototypes to navigate traffic and park perfectly. The automaker is researching intelligent driving features similar to those that will be offered by other carmakers in an industry making rapid progress in the development of a self-driving car.

    • Jun. 26, 2012
  5. The 2013 Toyota Avalon hybrid midsize sedan will rate 40 m.p.g. in combined city and highway driving. It's due late this year. Joe Polimeni/Toyota

    Toyota will offer 40 m.p.g., hybrid version of midsize Avalon

    Toyota will offer a hybrid version of its 2013 Avalon midsize sedan rated at 40 m.p.g. in combined city and highway driving when the new midsize sedan goes on sale late this year.

    • Jun. 26, 2012
  6. Court upholds EPA authority to regulate greenhouse gas emissions

    A three-judge panel for the U.S. Court of Appeals in Washington, D.C. issued an ruling saying that the consolidated cases – from states including Michigan and varied industry and business groups – wrongly asserted that EPA’s rules were arbitrary or capricious and that President Barack Obama’s administration’s interpretation of the authority under the Clean Air Act is “unambiguously correct.”

    • Jun. 26, 2012
  7. Group is against renewable energy ballot proposal in Michigan

    The Clean Affordable Renewable Energy (CARE) for Michigan Coalition launched a statewide campaign in Detroit Monday morning to defeat the 25-by--'25 ballot proposal, which would require energy companies to produce 25% of their power from renewable sources by 2025.

    • Jun. 26, 2012
  8. Ken Lewenza

    CAW's chief to be 'open-minded' on profit sharing

    CAW President Ken Lewenza said Monday he would be "open-minded" about profit sharing when the Canadian union enters contract talks with the Detroit Three in September. This year's contract talks are expected to be one of the most difficult since the union's inception.

    • Jun. 26, 2012
  9. Order reversed on oxygen systems

    AVIATION Federal aviation officials will order airlines to put oxygen systems back in jet restrooms, reversing a decision last year to remove them because of fears that terrorists could use them to start a fire during flight.

    • Jun. 26, 2012
  10. The Limited interior has red and black full-grain leather and aluminum and piano black finishes. Ford photo

    Ford unveils 2013 F-150 Limited SuperCrew pickup

    Ford today released the first look at its top-of-the-line pickup: the 2013 F-150 Limited SuperCrew that goes on sale this fall.

    • Jun. 26, 2012
  11. A newly constructed sustainable home is offered for sale in Chicago. Demand for new U.S. homes rose more than forecast in May. Scott Olson/Getty Images

    New home demand surges in May

    Demand for new U.S. homes rose more than forecast in May as mortgage rates dropped, bolstering the residential real-estate market while other parts of the world's largest economy cool.

    • Jun. 26, 2012
  12. Hope Brown

    People making news

    TECHNOLOGY

    • Jun. 26, 2012
  13. 2013 Toyota Avalon Hybrid Joe Polimeni

    Toyota to offer hybrid version of 2013 Avalon sedan

    Its 40 miles per gallon is essentially the same EPA fuel economy rating as Toyota’s slightly smaller Camry hybrid.

    • Jun. 25, 2012
  14. The 50th anniversary of the Target fireworks show on the Detroit River, June 23, 2008. Three barges anchored in the Detroit River in front of the Renaissance Center fired the pyrotechnics to the ooohs and aaahs of everyone in attendance. MARY SCHROEDER/Detroit Free Press

    GM tells workers at RenCen: You can't watch fireworks here

    Only employees and their guests who are at the RenCen "for business reasons" will be allowed to stay after 3 p.m., a spokeswoman said. "If you’re asking me if people can just pack up the station wagon and watch fireworks from the Renaissance Center, the answer is no," she said.

    • Jun. 25, 2012
  15. Opus One to close Saturday, reopen as casual eatery this fall

    One of Detroit's most upscale restaurants will reopen in November with a more casual format.

    • Jun. 25, 2012
  16. A new home still under construction is seen May 23, 2012, for sale in Springfield, Ill. SETH PERLMAN/AP

    U.S. new-home sales in May rose at fastest pace in 2 years

    Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery in the housing market continues, despite weaker job growth.

    • Jun. 25, 2012
  17. It's costing Michiganders less to fill up their gas tanks, AAA Michigan said Monday, June 25, 2012. JOE RAEDLE/Getty Images

    AAA: Michigan gas prices down 21 cents in past week

    The auto club said Monday the average is about 5 cents per gallon less than last year at this time.

    • Jun. 25, 2012
  18. Microsoft buys Yammer, Internet social-networking startup, for $1.2B

    The acquisition represents Microsoft’s latest attempt to adapt to a major shift in the technology industry, one that is fueling demand for more Internet services and social networking tools. That shift is threatening to weaken Microsoft’s position as the world’s largest software maker.

    • Jun. 25, 2012
  19. Latoya Toussaint, left, 25, her son Devontae Laster, 11, and Toussaint's fiancŽe Monique Taylor, 24, all of Detroit have lunch on the Detroit RiverWalk overlooking the Detroit River near Hart Plaza on Tuesday, June 5, 2012. PATRICIA BECK/Detroit Free Press

    After 40 years, Detroit's riverfront goes from factories and shipping to housing, retail, recreation

    Back in the mid-1970s, Detroit recreation planner Harriet Saperstein and many others began to think about transforming the city's waterfront. Long used for factories and shipping, the riverfront seemed ripe for recreation and urban living. But how to make the transformation happen?

    • Jun. 24, 2012
  20. Pigeons sit on power lines in an area where women known as bird ladies are known to leave feed in the Hollywood section of Los Angeles. Ric Francis, AP

    Study: Bright red cars hit most often with bird droppings

    Researchers tallied vehicles in five U.K. cities and found red vehicles most marked with bird droppings -- 18% of them -- the report said.

    • Jun. 24, 2012
  21. Ed Moor and Chris Reist, both of Charlotte, stand Wednesday in the warehouse of their disabled veteran-owned business, Elar, in Charlotte, southwest of Lansing. Their business distributes paper and plastic bags to retailers, government agencies and others. Photos by KATHLEEN GALLIGAN/Detroit Free Press

    High veterans' jobless rate leads to state and federal initiatives

    In the early 1970s, Anthony Tarkowski learned the hard way that some employers did not want to hire soldiers returning from the Vietnam War. The young veteran had just come back from Germany, where he had served after injuring his back during training. Despite his best efforts, he couldn't seem to get a job.

    • Jun. 24, 2012
  22. What kind of house can you buy in Detroit? Median prices below $10,000

    Much of the inventory for sale in Detroit is priced under $75,000, according to a first-quarter report by Real Estate One in Southfield.

    • Jun. 24, 2012
  23. Detroit Free Press reporter Tom Walsh in the early 1980s. Daymon J. Hartley/DFP

    Tom Walsh: It's time to reinvent myself -- and I need your help

    Help me, dear readers, to reinvent myself. How may I serve you better? After 10 years as a newspaper columnist, and 20 years before that as a reporter and editor at the Free Press, the ground beneath me and the industry I love is shifting violently.

    • Jun. 24, 2012
  24. Susan Tompor: Exotic certificates of deposit could mean large losses for savers

    As much as savers wish and hope, higher interest rates are not in the cards soon. So I want to warn seniors and others about some unusual CDs that are being marketed that make me do a double-take. Ever hear of a market-linked CD or equity-linked certificate of deposit?

    • Jun. 24, 2012
  25. Toyota Avalon chief engineer Randy Stephens, from left, Toyota Calty design chief Kevin Hunter and Toyota Group Vice President Bob Carter with a 2013 Avalon just outside Fowlerville. The redesigned front-wheel drive family sedan goes on sale in late November. Photos by Joe Polimeni/Toyota

    Mark Phelan: Toyota's North American staff pitches in with Avalon redesign for 2013

    I spent a couple of days last week with the team that developed the 2013 Toyota Avalon in Michigan. The car is a potential watershed for the automaker, its American operations, and its evolution into a truly global enterprise.

    • Jun. 24, 2012
  26. President and Chief Creative Officer Chris Firestone, left, of Farmington Hills and CEO Sean Hurwitz of Novi demonstrate a Pixo app called "GALE Cengage Nineteenth Century Collection Online Explorer." Photos by PATRICIA BECK/Detroit Free Press

    Southfield firm striving to be major developer of corporate mobile apps

    Two years after becoming the first company to obtain a Michigan tax credit for video game developers, Southfield-based Pixo Entertainment is now turning its focus to a booming market: interactive mobile apps for corporate brands.

    • Jun. 24, 2012
  27. Curt Schilling

    Former pitcher shares blame for company's failure

    Former Boston Red Sox pitcher Curt Schilling said Friday that the collapse of his 38 Studios video game company has probably cost him his entire baseball fortune, and he placed part of the blame on Rhode Island officials, including Gov. Lincoln Chafee.

    • Jun. 24, 2012
  28. Customizer is relaunched

    Mustang fans are already embracing Ford's online Customizer that lets them build their dream pony car.

    • Jun. 24, 2012
  29. Spending may have cooled off during May

    Consumer spending stalled in May, a sign the biggest part of the U.S. economy may struggle as employment and wages cool, economists said before reports due out this week.

    • Jun. 24, 2012
  30. Opeyemi Akinbola with Gary Klotz, chairman of Community Choice Credit Union. Brian Masserman

    Carol Cain: Groups step up with scholarship aid

    With college costing $25,000 a year on average to attend a state university in Michigan, what's a fledging college student and his/her family to do? Look for civic-minded companies, organizations and communities trying to help with scholarships and programs for students to defray some of those costs.

    • Jun. 24, 2012
  31. The 1940 Graham Hollywood convertible, which went into storage in 1952, will be seen again at the Concours d'Elegance of America at the Inn at St. John's in Plymouth on July 29. Concours d'Elegance of America

    Inside autos

    Among the gleaming polished classic cars that will be shown at this year's Concours d'Elegance of America show in Plymouth will be one car that would be called a junker if it wasn't so rare. The 1940 Graham Hollywood convertible, the only known surviving two-passenger convertible of its kind, has not been seen since it went into storage in 1952.

    • Jun. 24, 2012
  32. Revved up what's hot and what's not in autos

    REVVED: GM has its best performance ever in the J.D. Power quality study. Cadillac, GMC and Chevrolet all better than industry average. REVVED: Lexus captures top spot, again, in J.D. Power study. NEUTRAL: Volvo and its Chinese owner, Zhejiang Geely, seek partner for North American production.

    • Jun. 24, 2012
  33. Looking ahead

    Mark Phelan reviews the fuel-efficient 2013 Mazda CX-5 SUV in Thursday's Motor City.

    • Jun. 24, 2012
  34. The 2011 Chevrolet Cruze. Repairs to the Cruze are expected to take 30 minutes. Mark Finkenstaedt/General Motors

    GM recalls 475,148 Chevy Cruzes

    Just days after basking in its best performance ever in a key quality study, General Motors said Friday it is recalling most every Chevrolet Cruze built and sold to prevent the risk of engine fires. The fires can break out when fluids drip onto a hot plastic shield below the engine.

    • Jun. 23, 2012
  35. Susan Tompor: Insurer says it's committed to GM retirees

    Prudential Insurance of America is stressing that it has an "irrevocable commitment" to the General Motors salaried retirees who opt for a monthly check. Thousands of GM salaried retirees have until July 20 to make a decision to go with an annuity from Prudential or a lump-sum payout, as GM terminates its salaried plan.

    • Jun. 23, 2012
  36. General Motors Chairman and CEO Dan Akerson greets workers at GM Auto in St. Petersburg, Russia, on Friday before a groundbreaking of a planned expansion of the wholly owned manufacturing facility. General Motors

    GM to hire 1,500 new workers at Russian plant

    General Motors plans to hire 1,500 new workers in an expansion of its plant in St. Petersburg, Russia. The expansion, part of GM's broader five-year, $1-billion investment in Russian operations, will boost the plant's annual vehicle production capacity from 98,000 to 230,000.

    • Jun. 23, 2012
  37. Tesla CEO Elon Musk walks past the Tesla Model S Friday in Fremont, Calif. Paul Sakuma/ASSOCIATED PRESS

    Tesla banks on mass-market sales of Model S

    Tesla Motors started selling the Model S on Friday, an all-electric sedan billed as a mass-market car, but the Silicon Valley automaker will have only one dealership in the Midwest and the car will cost, in most cases, more than twice the price of the Chevrolet Volt.

    • Jun. 23, 2012
  38. The national average for gasoline on Friday was $3.45 a gallon, down 2 cents from the previous day and down 22 cents from last month, according to the AAA Daily Fuel Gauge Report. It's 17 cents cheaper than a year ago. Amy Sancetta/Associated Press

    $3 a gallon by fall? Michiganders now pay $3.62

    Christmas could come early for motorists this year, according to gas experts who predict fuel costs could swing below $3 a gallon by the fall. The cost of filling up is already down -- welcome relief after an April jump that saw prices go above $4 a gallon in Michigan and around the country.

    • Jun. 23, 2012
  39. GM to add 3rd shift to make large SUVs at Texas plant

    With experts projecting a steady reduction in gasoline prices throughout the rest of the year, General Motors revealed plans Friday to add a third shift at its assembly plant in Arlington, Texas, where it produces four large SUVs.

    • Jun. 23, 2012
  40. Power steering complaints probed in 2011 Ford Explorers

    Federal safety regulators are investigating complaints that the power steering can fail on 2011 Ford Explorer SUVs. Fifteen drivers have complained that the popular Explorer can suddenly lose its power steering assist, making it harder to steer the SUVs.

    • Jun. 23, 2012
  41. Facebook stock price rebounds

    TECHNOLOGY Facebook closed at one of its highest prices since its initial public offering. The stock rose $1.21, or 3.8%, to finish Friday at $33.05. It hasn't closed above that price since May 21, the second day of trading. The stock finished the week up 10%, the second-straight weekly gain.

    • Jun. 23, 2012
  42. Leslie Stein

    Awards

    LEGAL

    • Jun. 23, 2012
  43. Gas prices could hit $3 by fall

    With production up, oil inventories at 21-year highs and tepid consumer demand, gas prices have fallen for 11 weeks. They're expected to drop more sharply after the peak summer driving season.

    • Jun. 22, 2012
  44. 10 insurers owe Michigan families for health care

    Ten insurance companies must pay nearly 114,000 Michigan families an average rebate of $214 because they spent too much on administration and salaries, the nation's top health official announced Thursday. The insurers include the large Aetna and Humana health plans. Rebates must be paid no later than August and do not apply to the Medicare program.

    • Jun. 22, 2012
  45. GM will add third shift at Arlington Assembly that produces SUVs

    The move comes as analysts are predicting declining gas prices for the rest of the year.

    • Jun. 22, 2012
  46. The 2011 Ford Explorer is the focus of an investigation into power steering problems. Wieck

    Feds probe Ford Explorer power steering problems

    The National Highway Traffic Safety Administration says the problem could affect 83,000 Explorers from the 2011 model year.

    • Jun. 22, 2012
  47. Some 2011 Chrysler 200 sedans are under investigation for engine stalling. Free Press file photo

    Feds probe engine stalling in Chrysler 200

    The probe includes about 87,000 of the vehicles from the 2011 model year that have 3.6-liter V-6 engines.

    • Jun. 22, 2012
  48. Energy Secretary Steven Chu said the focus is more on new ventures that companies would not otherwise pursue.

    Official expresses support for MSU project

    Government funding is better used to support innovative projects that companies are reluctant to pursue rather than ones likely to proceed even without government aid, Energy Secretary Steven Chu said Thursday in Dearborn. That's likely good news for a nuclear research lab at Michigan State University and bad news for steelmaker Severstal.

    • Jun. 22, 2012
  49. General Motors Chairman and CEO Dan Akerson, shown June 12, 2011, is in Russia speaking at the St. Petersburg International Economic Forum. Steve Fecht for General Motors

    GM to hire 1,500 workers at plant in Russia

    The expansion, part of GM’s broader five-year, $1-billion investment in Russian operations, will boost the GM Auto plant’s vehicle production capacity from 98,000 to 230,000. GM was set to announce that it broke ground today.

    • Jun. 22, 2012
  50. Severstal CEO North America Sergei Kuznetsov, left, CEO Alexey Mordashov, center, and Gov. Rick Snyder share a light moment during a ceremony Thursday celebrating the steelmaker's $1.4-billion investment in its Dearborn mill, formerly Rouge Steel. Regina H. Boone/Detroit Free Press

    Severstal asking for $320-million DOE loan to produce advanced steel

    Severstal North America has reapplied for a loan from the U.S. Department of Energy to produce lighter and stronger steel for automakers and suppliers.

    • Jun. 22, 2012

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