Detroit

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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...

NYC Ranks No. 1 in Road Rage
 NYC Ranks No. 1 
 in Road Rage 
Jun 16, 2009 10:23 AM CDT

NYC Ranks No. 1 in Road Rage

City's drivers are angriest in the US

(Newser) - New York drivers are the most aggressive and angry in the US, an annual road rage survey finds. Gotham cut off Miami, which had zoomed to the top of the list the past 4 years, Reuters reports. "New Yorkers were most likely to wave their fists or arms,"...

Retail Exodus Speeds Detroit's Fall

Retailers jump ship as recession, auto industry's collapse hit city hard

(Newser) - The auto industry's woes have sped up the long decline of retail in Detroit, the Wall Street Journal reports. America's 11th-largest city now lacks a single outlet from any national grocery chain downtown. Starbucks has just four stores in the city of 900,000, and as of last week, Motor...

Done Deal: Fiat Buys Chrysler Assets

Administration triumphs as bankruptcy effectively ends

(Newser) - Chrysler finalized its sale of assets to Fiat with a government wire transfer this morning that gave Chrysler $6.6 billion in funds to exit bankruptcy, the New York Times reports. The sale is good news for the Obama administration, which sought an “efficient” restructuring for Chrysler. It may...

Supreme Court Won't Block Chrysler Sale

(Newser) - The Supreme Court has cleared the way for Chrysler's sale to Fiat, turning down a last-ditch bid by opponents of the deal. The court late today rejected a plea to block the sale of most of Chrysler's assets to the Italian automaker. With the court's move, the deal can now...

Foes Ask Supreme Court to Block Chrysler-Fiat Deal

(Newser) - Opponents of Chrysler's sale to Fiat are asking the Supreme Court to block the deal. Three Indiana state pension and construction funds filed emergency papers at the high court early today to put the sale on hold so they can pursue an appeal. The emergency request goes first to Justice...

Make Romney the Head of GM

 Make Romney 
 the Head of GM 
OPINION
Jun 3, 2009 7:40 AM CDT

Make Romney the Head of GM

Former Mass. governor could turn around automaker, says Bennet

(Newser) - Barack Obama wants to "take a hands-off approach" with General Motors, but as James Bennet writes in the Atlantic, there's no way to get the bankrupt automaker back into shape "without getting under the hood." GM needs someone who can "bring the hammer down" on its...

US Automakers See Sales Increase in May

Ford, GM have best month of 2009

(Newser) - Some actual good news for the auto industry: All three US automakers saw sales of new cars jump from April to May, reports the New York Times. Granted, sales are still way down compared to last year, but the month-to-month leap offers a glimmer of hope among the bankruptcy headlines....

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