Whirlpool To Cut 5,000 Jobs To Reduce Costs
Appliance maker Whirlpool Corp. said Friday it will cut 5,000 jobs, about 10 percent of its workforce in North America and Europe, as it faces soft demand and higher costs for materials.
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Appliance maker Whirlpool Corp. said Friday it will cut 5,000 jobs, about 10 percent of its workforce in North America and Europe, as it faces soft demand and higher costs for materials.
The new Ford Explorer will come with a virtual cup of coffee for customers who opt for an innovative new Lane Keeping System that can warn drivers if it detects they are getting too tired to drive.
The Michigan Strategic Fund and the Michigan Economic Development Corporation today issued a Request for Proposals to solicit proposals from high-performance business incubators or accelerators in Michigan to support entrepreneurs in launching and growing start-up companies throughout the state.
At Chrysler Elementary School in Detroit, students are getting a leg-up on their peers in managing money thanks to a partnership with Quicken Loans.
It's another sign that the once-troubled automaker is turning around under its new Italian management.
Detroit is attracting more young professionals but still has many of the same problems blocking its long-term success -- a dysfunctional school system and public safety problems.
Hundreds of jobs are up for grabs Thursday in Livonia, with some companies looking to hire on the spot.
Stronger sales pushed Ford's revenue up 14 per cent to $33.1 billion.
After posting modest job gains last year, the six-county region of Genesee, Lapeer, Livingston, Macomb, Oakland and St. Clair will add more than 50,000 jobs this year through 2013, say University of Michigan economists.
Comerica Bank's Michigan Economic Activity Index ticked up one point in August, to a level of 87.
Sixty-nine percent of workers at the MotorCity Casino - Hotel ratified a new contract agreement Tuesday.
The hybrid and electric truck powertrain developer Azure Dynamics Corp. (OTC: AZDDF) Tuesday announced the sale of 21 more Ford Transit Connect Electric small vans, including a five unit sale to Western Michigan University as part of its successful sustainability programs.
Tough economic times are causing some Michigan residents to go to extreme measures.
A bogus Detroit lending company is requiring loan applicants to send in a "collateral deposit" to get a loan. Don't fall for it, the Better Business Bureau warns.
Consumer Reports subscribers put Toyota's youth-oriented Scion brand number one, with 24 Japanese models earning the highest ratings.