Detroit

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GM to Repay Bailout Early, Posts (Smaller) $1.2B Loss

Auto giant speeds $1.2B per quarter repayment sked

(Newser) - General Motors will start repaying its $6.7 billion debt to the US and Canadian governments early, with $1.2 billion quarterly payments beginning next month, reports the Detroit News . The accelerated repayment plan is a strong indication that finances are looking up for the troubled automaker, which today posted...

Abandoned Detroit Draws Pranksters, Artists
 Abandoned Detroit Draws 
 Pranksters, Artists 

vandals' paradise
Nov 6, 2009 5:53 AM CST

Abandoned Detroit Draws Pranksters, Artists

80K empty buildings a mecca for 'urban explorers'

(Newser) - Detroit's 80,000 abandoned buildings, from housing projects to high-rises to industrial plants, have become a magnet for all kinds of vandals, pranksters, and urban explorers. "Mayhem. That's what they should call the place. If you decide you want to push a dump truck out of a window, this...

Radical Muslim Cleric Killed in FBI Raid

6 others held after series of operations in Detroit area

(Newser) - The leader of a radical Islamic sect was killed by the FBI today in a shootout in a Detroit suburb, part of a series of raids against the group, said to be plotting “an offensive jihad” in order to establish a state governed by Sharia law. Luqman Ameen Abdullah,...

Comic Soupy Sales Dead at 83
 Comic Soupy Sales 
 Dead at 83 
OBITUARY
Oct 22, 2009 10:54 PM CDT

Comic Soupy Sales Dead at 83

Always willing to take a pie in the face, he battled a variety of illnesses

(Newser) - Soupy Sales, the rubber-faced comedian whose anything-for-a-chuckle career was built on 20,000 pies to the face and 5,000 live TV appearances across a half-century of laughs, died tonight at 83. A longtime friend said Sales died at a hospice in New York, which he entered last week as...

3 Runners Drop Dead in Detroit Marathon

Autopsies today will probe deaths of three men

(Newser) - Michigan authorities will conduct autopsies today on three men who died within a 16-minute span during yesterday's Detroit marathon. Just after 9am, a 36-year-old collapsed on the course after 11 miles, and a few minutes later a 65-year-old longtime runner dropped to the ground near the same spot. At the...

Saturn: GM's Biggest Mistake
 Saturn: GM's Biggest Mistake  
ANALYSIS
Oct 2, 2009 5:39 PM CDT

Saturn: GM's Biggest Mistake

Brand was an unsustainable distraction from the start

(Newser) - As General Motors’ Saturn experiment ends with a whimper, it’s important to understand that the brand was a failure from the start. Some obituaries blame GM for not providing a fuller roster of vehicles to build customer loyalty—but if anything, the automaker gave Saturn too much, writes Mark...

Saturn to Shut Down as Penske Deal Collapses

(Newser) - Saturn's hopes of a life after GM ended today when a deal to sell the brand to Penske Automotive fell through. GM said it will now begin shutting down manufacturing and dealership operations. Penske canceled the deal—which could have saved about 13,000 jobs—because it couldn't swing an...

Newspaper Heiress' Body Washes Ashore

Descendant of Detroit News founder committed suicide

(Newser) - The body of Anne Morrell Petrillo was pulled from the Hudson River yesterday, three days after the newspaper heiress jumped off the same bridge where her stepfather leapt to his death more than a decade earlier. Petrillo, 38, was descended on her mother’s side from Detroit News founder James...

Downtrodden Detroit Can Rise Again, Green

Cheap labor, empty factories, can-do legacy scream green revolution

(Newser) - The Detroit of Daniel Okrent’s childhood is gone. The “elm-lined streets” of the “City of Homeowners”—“the place that America once knew as the Arsenal of Democracy”—have become “the urban equivalent of a boxer's mouth, more gaps than teeth.” A devastating...

Recession Crushes White-Collar Michigan

Layoffs, property price plunge leaves middle-aged workers in limbo

(Newser) - Tens of thousands of middle-aged white-collar workers have been left jobless and stranded in Michigan by the recession, the Wall Street Journal reports. Auto industry veterans laid off by the Big Three are finding themselves competing against against younger people for a smattering of job openings. With property prices down...

GM to Sell Opel to Canada's Magna

Detroit firm also recommends Vauxhall go to Magna

(Newser) - After painfully drawn-out negotiations, General Motors’ board has agreed to sell its Opel unit to Canadian firm Magna International, maintaining a tie that will keep Opel a "a fully integrated part of GM's global product development organization," the company said. The German government, which earlier this year loaned...

6 US Cars Worth Buying
 6 US Cars Worth Buying 
Sep 5, 2009 5:48 PM CDT

6 US Cars Worth Buying

(Newser) - Now that American automakers have turned it around, you’re planning to buy an American car, right? No? Well, you should be, writes Jim Montavalli of Money Watch, and he’s got six cars worth snapping up.
  • Ford Fusion: A fun-to-drive mid-size sedan that’s getting gushing reviews—Consumer Reports
...

Senate Set to OK $2B More for Clunkers

Reid engineers deal for vote tomorrow, beating recess deadline

(Newser) - The Senate has reached a deal to extend the "cash for clunkers" program through Labor Day, the Detroit News reports. Majority leader Harry Reid capped days of arm-twisting with an announcement tonight that the chamber will vote tomorrow on a measure adding $2 billion to the unexpectedly popular...

Detroit's Fall Wallops Canada
 Detroit's Fall Wallops Canada 
Aug 1, 2009 5:39 PM CDT

Detroit's Fall Wallops Canada

(Newser) - The collapse of Detroit has turned its Canadian counterpart into a veritable ghost town, the Economist reports. Located just across the Detroit River in Ontario, Windsor depends heavily on the Big Three, and now claims Canada’s highest unemployment rate at 14.4%. But Ontario’s problems go beyond “...

'Cash For Clunkers' Safe: White House

(Newser) - The rumors of the “cash for clunkers” deal’s demise have been greatly exaggerated, the White House said today, promising that the trade-in program will continue even after consumers have used up its allotted $1 billion. “If you were planning on going to buy a car this weekend...

US Suspending Cash for Clunkers: It's Too Popular

(Newser) - The government plans to suspend its popular "cash for clunkers" program amid concerns it could quickly use up the $1 billion in rebates for new car purchases. The Transportation Department called lawmakers' offices to alert them to the decision to suspend the program at midnight Friday. The program offers...

Resurgent Ford Has High Hopes for Taurus

Automaker's financial independence has improved its image with consumers

(Newser) - Ford is hoping to use the imminent launch of the 2010 Taurus to cement its newly dominant position among Detroit’s Big Three, MSNBC reports. Ford’s position as the only major US automaker not receiving government aid has been translating into small but significant gains in market share as...

Salt Lake Tops Best Airports List
 Salt Lake Tops 
 Best Airports List 



TRAVEL
Jul 25, 2009 8:24 AM CDT

Salt Lake Tops Best Airports List

(Newser) - Some airports just seem to be charmed when it comes to on-time departures. Travel + Leisure ranks the 10 best in America based on percentage of flights delayed:
  1. Salt Lake City: Last year's winner continues its reign, cutting delays by 2% from 2008, to just 12%.
  2. Portland, Ore.: At 15%,
...

Court Clears Path to 'New' GM

Court ordered stay on asset sale expires

(Newser) - General Motors is set to complete its bankruptcy reorganization, the Detroit Free Press reports. The sale of certain GM divisions to the “new” GM—largely owned by the US Treasury—is expected to happen tomorrow, at the expiration of a holding period for opponents of the deal to make...

7 Detroit Teens Shot; 3 Critically Injured

(Newser) - "You know who we're looking for." With that, two gunmen in ski masks opened fire on a group of teenagers waiting at a bus stop in Detroit, hitting seven of them and leaving three critically injured, reports the Detroit News. Witnesses say the shooting may be the extension...

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