Wednesday, November 04, 2009
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Nathan Hurst
AMEX wants your business ... bad
And the credit card issuer is offering a ton of Delta SkyMiles to get it. American Express is now giving away hundreds of thousands of frequent flier miles to customers who use their Delta … Continued
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Sample sales from Metro Detroit's real estate market
- What's selling: Farmington Hills - 10/05/2009
- What's selling: Green Oak Township - 10/05/2009
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More News
Senate approves unemployment benefits extension
Washington --The Senate unanimously voted tonight to extend an additional 20 weeks of unemployment benefits in Michigan and other hard-hit states. - 11/04/2009
Fantasy sports, real profits
Phil Threadgould of Lansing is among the more than 22 million Americans and Canadians who participate in fantasy sports. He's also among the growing number of entrepreneurs, including several in Michigan, cashing in on the burgeoning industry. - 11/04/2009
Pulte Homes posts $361.4M loss for Q3
Bloomfield Hills -- Pulte Homes Inc., which completed its acquisition of Centex Corp. in August, says its third-quarter loss widened, but housing markets continue to stabilize and stoke buyer demand. - 11/04/2009
T-Mobile still out of order for some subscribers
T-Mobile said about 5 percent of its subscribers are still having problems with its phone and data services as of Tuesday evening. - 11/04/2009
Chinese agencies fight for control of 'World of Warcraft'
Chinese regulators are fighting over the right to oversee "World of Warcraft," a popular online game, in a bizarre battle that has thrust bureaucratic rivalry for control of the Internet into the open. - 11/04/2009
Apple's partner sells 5,000 iPhones in China debut
Beijing -- Apple Inc.'s local partner has sold 5,000 iPhones since the smart phone's formal weekend debut in China, a lackluster start after analysts warned the company might be setting prices too high. - 11/04/2009
Business briefs
Washington -- The White House won't guarantee General Motors Co. and Chrysler Group LLC will repay the full $62 billion they have received in government bailouts. Reacting to a Government Accountability Office report that said automakers are "unlikely" to repay all of the government loans, White House spokesman Robert Gibbs told reporters Tuesday that taxpayers would at least get "some" of the money back. - 11/04/2009
Fed again pledges to hold rates at record lows
Washington -- With the recession apparently over, the Federal Reserve held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the fragile economic recovery. - 11/04/2009
Senate's vote to extend jobless benefits delayed
Washington -- Senate Democrats and Republicans traded blows today over who is responsible for the slow pace of voting to extend unemployment benefits, leaving in doubt a final vote before Wednesday at the earliest on the high-stakes issue to tens of thousands of Michiganians. - 11/03/2009
Airlines oppose union rule change
The National Mediation Board proposed a rule change Monday that would allow airline and railroad workers to unionize, even if a majority of workers don't participate in the election. - 11/03/2009
$14M FedEx facility opening at Flint airport
Flint -- A $14 million sorting facility for FedEx Express is opening at Flint's Bishop International Airport. - 11/03/2009
Business briefs
Washington -- General Motors says it has received permission to use $2.8 billion of its government aid to help buy part of troubled auto parts supplier Delphi Corp. , the automaker's former parts division. The Detroit automaker said in a regulatory filing with the U.S. Securities and Exchange Commission that the Treasury Department granted the release of $1.7 billion to acquire part of the new Delphi entity that emerged from bankruptcy protection. GM also will use $1. - 11/03/2009
CIT files for Chapter 11
New York -- CIT Group, a major lender to small and medium-size businesses, filed for bankruptcy protection Sunday afternoon, a process that almost certainly will wipe out the federal government's $2.3 billion investment in the company. - 11/02/2009
Lose your job? Rebuild your career
As the U.S. unemployment rate climbs to almost 10 percent, and Michigan sits at 15.3 percent, no industry or profession has been spared when employers needed to cut jobs. That includes fields once considered untouchable. - 11/02/2009
September construction spending rises 0.8 percent
Washington -- Construction spending in September posted a better-than-expected performance, powered by the largest jump in housing construction in more than six years. - 11/02/2009
PCs shed pounds and CD drives, gain touch screens
SEATTLE -- Personal computers are changing -- and not just because of the recent launch of Windows 7. Visit an electronics store and you might also find laptops are missing a familiar component. You could experiment with new ways of controlling some computers. And you'll see portable PCs slimming down. - 11/02/2009
More online churches open virtual doors to parishioners
Church volunteers greet visitors entering the lobby. The worship band begins its set and a pastor offers to pray privately with anyone during the service. When the sermon is done, it's time for communion, and the pastor guides attendees through the ritual. Later, worshippers exchange Facebook and e-mail addresses so they can stay in touch. - 11/02/2009
Senate closer to voting on extending jobless benefits
Washington -- The Senate moved closer tonight to passing legislation to extend an additional 20 weeks of unemployment benefits to Michigan and other hard-hit states, but left a final vote to Tuesday at the earliest. - 11/02/2009
More reports
- PCs shed pounds and CD drives, gain touch screens - 11/02/2009
- More online churches open virtual doors to parishioners - 11/02/2009
- Senate closer to voting on extending jobless benefits - 11/02/2009
- 7 rules for working at home - 11/02/2009
- CIT files for Chapter 11 bankruptcy protection - 11/01/2009
- Communities accuse Blue Cross of hiding $40 million in fees - 11/01/2009
- Non-Latin scripts OK in domain names - 10/31/2009
- Detroit's sports teams work to lure bargain-hunting fans - 10/31/2009
- DTE plugs in to Twitter to connect to customers - 10/31/2009
- White House: Stimulus saved or created 22,514 Michigan jobs - 10/31/2009
- Business briefs - 10/31/2009
- Stocks sink as worries mount about spending - 10/30/2009
- Retailers suspend dealings with South Haven fruit grower - 10/30/2009
- White House: Stimulus funds saved or created 22,000 jobs in Mich. - 10/30/2009
- New portable Nintendo DS console meant for groups - 10/30/2009
- Brian O'Connor: Recession ends, but not here - 10/30/2009
- Business briefs - 10/30/2009
- Consumer spending drops .5 percent in September - 10/30/2009
- EPA reaches settlement over Detroit company's hazardous waste - 10/30/2009
- Granholm, MSU reach deal to save extension service money - 10/29/2009
- Book Building and Tower to be converted into green-friendly residences, retail - 10/29/2009
- Delta looks up with NWA merger - 10/29/2009
- Growth in economy signals end of recession - 10/29/2009
- Despite improvement elsewhere, Detroit area posts highest jobless rate - 10/29/2009
- Daniel Howes: United Way needs help of all - 10/29/2009
