Travel spending by Michigan residents is sinking while spending is up among non-Michigan residents. Tourism revenues in Michigan total about $18 billion a year, now split about half-and-half between Michigan residents and travelers from out of state.....more>>
Buying up small blocks of stock, billionaire investor Kirk Kerkorian quietly accumulated millions of shares of Ford Motor Co. in a series of purchases in April that left the automaker "completely unaware" of his involvement until later in the month.
America is being held hostage, and not much is being done to alleviate the problem. We're paying $123 dollars a barrel for a product that was recently in the $60 range. I'm sure I will catch a lot of flak from this column, but someone needs to speak out, and someone needs to follow the money.
General Motors Corp. has agreed to kick in up to $200 million to help bring an end to a bitter 10-week strike at parts supplier American Axle and Manufacturing Holdings Inc.
Wall Street closed a quiet session with a moderate advance Thursday, with energy and other commodities companies leading the market as oil prices extended their record-breaking run.
A downtown business owner noted for her community service in the downtown area and beyond was honored Wednesday night with the 2008 Athena Award from the Athena Grand Traverse organization.