Come back anytime, Mr. President
Today in Detroit, where President Barack Obama visited two auto plants, was a win-win for the president and the Detroit area.
Obama pumps up auto workers, drives Chevy Volt
At the GM Hamtramck plant, Obama sits behind the wheel of a black Chevy Volt and drives about 40 feet before Secret Service agents tell him that's enough.
BorgWarner stock rises on Q2 earnings
Auburn Hills-based BorgWarner raised its guidance for profits in 2010 and beat analyst estimates for its second quarter, sending its stock up 4.4% on Friday.
Chrysler to keep Sterling Heights open, add 900 jobs
WASHINGTON -- Chrysler said today it would keep open the Sterling Heights assembly plant that had been slated to close in 2012 and add a second shift of 900 workers early next year.
American Axle has second quarter surge
Detroit-based American Axle & Manufacturing reported a profit surge during the second quarter, as sales doubled mostly on an upswing in sales of General Motors' light trucks and SUVs.
Democrat Rangel charged with 13 ethics violations
The House ethics committee charged Rep. Charles B. Rangel with 13 separate violations of House rules Thursday, saying his various financial dealings broke the "public trust." The long-awaited release of the charges against Rangel at an afternoon hearing was the first formal step toward a possible...
U.S. takes a tougher tone with China
The Obama administration has adopted a tougher tone with China in recent weeks as part of a diplomatic balancing act in which the United States welcomes China's rise in some areas but also confronts Beijing when it butts up against American interests.
SEC charges billionaire Texas brothers who donate to GOP with fraud
Sam and Charles Wyly, billionaire Texas brothers who gained prominence spending millions of dollars on conservative political causes, committed fraud by using secret overseas accounts to generate more than $550 million in profit through illegal stock trades, the Securities and Exchange Commission...
