Investor: J.P. Morgan's $2 Billion Loss Won't Hurt Average Person
The loss at J.P. Morgan Chase caused investors to shave almost 10 percent off the bank's stock price.
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The loss at J.P. Morgan Chase caused investors to shave almost 10 percent off the bank's stock price.
Daniel Loeb, an activist shareholder and vocal critic of Yahoo's management, discovered Thompson's resume discrepancy and has demanded that Thompson be fired.
Six weeks after closing in a bankruptcy case, a slimmed-down version of Cheboygan's hospital will reopen Monday.
Getting from Sault Ste. Marie to the Traverse City area took a little longer than I thought it might because of a couple of really fascinating stops on Saturday, Day Three of the Great Lakes Innovation and Technology Report's 2012 Spring Tech Tour.
Michigan's oldest city dates back to the 1660s. Its most famous feature, locks that get freighters around treacherous rapids between Lake Superior and the Lake Michigan-Huron system, date back to the 1850s. But stay tuned. Sault Ste. Marie might just be famous for something else pretty soon, something at the farthest reaches of technology.
From fried chicken and burgers to pizza and ice cream, which fast food places are customers most satisfied with? A recent report asked consumers just that and the results might just surprise you.
Hostess Brands Inc. has told Michigan officials that it could lay off all of its 381 employees at 20 locations in the state if the company liquidates as part of its bankruptcy restructuring.
Greetings from Sault Ste. Marie, Michigan's first city, as the Great Lakes Innovation and Technology Report's 2012 Spring Tech Tour kicks off.
A Royal Oak couple's home has a new finish thanks to a local real estate agency.
Now in its third year, the "Grow Detroit's Young Talent Campaign" enables youngsters to learn the value of a good day's work -- and possibly lead them to their future careers.
The Michigan Senate has passed a contentious set of bills that would roll back the personal property taxes businesses pay by hundreds of millions of dollars.
Union workers have reached a tentative agreement with an auto parts manufacturer that would end their two-day strike at a central New York plant.
Have they got a car for you! There are at least 67 used car dealerships along the 8 Mile Road corridor.
Local issues brought voters to the booth in many communities around Michigan on Tuesday.
"Bank of America you're a thief, the people demand mortgage relief," was the chant inside.
Monday's severe weather caused damage and havoc across multiple communities in Metro Detroit.
Frustrations boiled over at Monday night's school board meeting in Pontiac as a consolidation plan to eventually close Owen, Kennedy, and Alcott elementary schools in the next few years passed.
Within hours after an attack on Monday at the Islamic Center of San Diego, Temple Israel in West Bloomfield Township, Michigan, is calling for funding to protect houses of worship after experiencing a similar incident.
A dreamcatcher that included a monkey skull and python bones was recently confiscated at Detroit Metro Airport.
Officials say 21 cases were reported in the state, with 29% of those cases among children.
From classic cruisers to new memories still being made, the Woodward Dream Cruise remains a celebration of Michigan's automotive culture.
If you are planning a road trip for Memorial Day weekend, remember that the cost of gas this year is noticeably higher than last year.
Michigan is demanding repayment of $35 million from the American Center for Mobility, a key player in autonomous vehicle development.
A bipartisan bill introduced in Washington, D.C., by Michigan Congresswoman Debbie Dingell and Congressman John Moolenaar would prohibit the importation, manufacture or sale of Chinese cars in the United States.
Michigan's average diesel price on Sunday is $6 — the highest ever recorded by the American Automobile Association.
The three commemorative posters are designed by a featured artist representing one of the three distinct art fairs that come together as one.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
With summer not far behind, the city of Detroit is preparing for the highly anticipated 2026 Ford Fireworks next month.
Motown may be Detroit's most famous sound, but it's far from the only one.
Gene Simmons visited Detroit Rock City to celebrate the grand opening of a restaurant co-founded by him and his Kiss bandmate Paul Stanley.
José Ramírez homered and hit a two-run double on a 3-for-4 night, and the Cleveland Guardians beat the reeling Detroit Tigers 8-2.
Within hours after an attack on Monday at the Islamic Center of San Diego, Temple Israel in West Bloomfield Township, Michigan, is calling for funding to protect houses of worship after experiencing a similar incident.
Three people were killed in a shooting at the Islamic Center of San Diego, and two suspected shooters were found dead inside a vehicle nearby, police said.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
Officials say 21 cases were reported in the state, with 29% of those cases among children.
Michigan has $176 million in opioid settlement funds sitting unused in local government accounts.
Two Michigan health systems and Detroit Public Schools are getting $86.4 million in grants from the Federal Emergency Management Agency for costs that were needed to respond to the COVID-19 pandemic, the agency said.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Teen tobacco use in Michigan is rising again, prompting calls for increased prevention spending.
José Ramírez homered and hit a two-run double on a 3-for-4 night, and the Cleveland Guardians beat the reeling Detroit Tigers 8-2.
Sunday's win at Aronimink Golf Club in Newtown Square, Pennsylvania, is only his second PGA tour victory, after winning the 2024 Wyndham Championship.
The Detroit Tigers were defeated by the Blue Jays 4-1 on Sunday after Toronto's Vladimir Guerrero Jr. homered and scored twice, and Kevin Gausman pitched six shutout innings.
A Michigan community college student will be the first female welder to represent the United States at a worldwide competition described as the Olympics of the skilled trades.
The Detroit Pistons and Cleveland Cavaliers will square off for Game 7 of their playoff series on Sunday night with a trip to the Eastern Conference finals on the line.
This week on Michigan Matters, the roundtable talks about the governor's race and the impact of former Detroit Mayor Mike Duggan.
The roundtable discusses the impact of rising gas prices and friction at the federal level with Canada and the U.S., and how it affects tourism.
Life Directions has been helping guide and mentor young people in Detroit.
Robert Costa, the award-winning national correspondent for CBS Sunday Morning and chief Washington analyst for CBS News, talks about Michigan's role in this critical midterm election.
Diallo Smith, CEO of Detroit nonprofit Life Remodeled, talks about its new opportunity hub on the east side of Detroit called Anchor Detroit.
Frustrations boiled over at Monday night's school board meeting in Pontiac as a consolidation plan to eventually close Owen, Kennedy, and Alcott elementary schools in the next few years passed.
Monday's severe weather caused damage and havoc across multiple communities in Metro Detroit.
Officials in the Pontiac School District are expected to vote on a controversial consolidation plan on Monday. If passed, it would place three elementary schools in the district on the chopping block.
Three people were killed in a shooting at the Islamic Center of San Diego on Monday, and two suspected shooters were found dead inside a vehicle nearby, San Diego Police Chief Scott Wahl said. Officials say both of the suspects were teenagers.
The National Weather Service confirmed that three planes were damaged at Capital Region International Airport after storms rolled on May 18.
