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Freep.com - RSS - Business
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Local ice cream maker marks 25th year
Today Rick and his brothers Gary and Jim Davis are owners of Ashby's Sterling Ice Cream in Shelby Township, which is celebrating its 25th anniversary this year. The brothers were inspired by the parlors they frequented growing up in Detroit, including Sanders, Stroh's and Baskin Robbins.
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Opponents of plan for new GM are painted as risky
On Thursday, GM's lawyers gave a forceful plea to allow GM to sell its desirable assets to a new GM, while letting the less desirable old GM assets remain in bankruptcy.
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Jobless rate of 9.5% is 26-year high
WASHINGTON -- Employers cut a larger-than-expected 467,000 jobs in June, and the national unemployment rate climbed to a 26-year high of 9.5%. Workers also saw weekly wages fall, suggesting Americans will have little appetite to spend, and the economy's road to recovery will be bumpy.
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State is expected to lose 310,700 jobs this year
Michigan will lose more jobs in 2009 than in any other year since at least the mid-1950s, according to a report released Thursday from economists at the University of Michigan.
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Windsor land deal near for a new bridge
Transport Canada, the Canadian federal transportation agency, said Thursday it was finalizing the purchase of about 100 acres of riverfront land in Windsor to allow the construction of a new bridge across the Detroit River.
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Chrysler wants to cut GEM dealers
Less than a month after stripping 789 dealers of their franchises, Chrysler now wants to stop selling its Global Electric Motorcars, known as GEMs, at 64 of 150 dealerships, according to a filing in U.S. Bankruptcy Court this week.
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Wash Post Print Edition
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Young Baghdad Diarist Serves as Witness to War
BAGHDAD The words are as simple as they are profound.
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Sarah Palin to Resign as Alaska Governor, Citing Probes and Family Needs
Sarah Palin, the Republican Alaska governor who captivated the nation with a combative brand of folksy politics, announced her resignation yesterday in characteristic fashion: She stood on her back lawn in Wasilla, speaking into a single microphone, accompanied by friends and neighbors in baseball...
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Loved Ones Mourn Kelly and Sloane Murray, Who Died When a Branch Hit Their Van
If it had only taken a few moments more to herd seven wet children into the silver Toyota Sienna minivan. If one of the girls had announced that her sandal was missing and a couple of minutes had been spent retrieving it. If the summer storm that hit Connecticut Avenue had managed to gum up traffic...
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Analysis: Once Again, the Enigma That Is Sarah Palin Plays It by Her Rules
Sarah Palin demonstrated once again yesterday that she is one of America's most unconventional politicians, following an unpredictable path to an uncertain future.
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Autoworkers Pick Up New Skills But Downshift to Lower Pay
WARREN, Mich. -- Big, burly and a "car guy" since high school, Tom Persinger worked for years at General Motors. Now he's a nurse's aide.
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