World / Small Business
Hiring jumps, while job openings edge up slightly
11.05.2010 08:26
freep.com
New hiring rose in March to its highest level in more than a year while job openings moved up slightly, fresh evidence the job market is slowly improving.
USA
Small Business
Oil falls below $76 as traders eye euro
11.05.2010 06:24
freep.com
Oil prices fell below $76 a barrel today after investor euphoria over a $1 trillion European debt bailout evaporated and the euro weakened.
USA
Small Business
Toyota quarterly profit $1.2B as sales recover
11.05.2010 04:22
freep.com
Toyota cruised back to profit in the latest quarter as the world's top carmaker cut costs and hitched a ride on the global auto sales recovery while fighting to salvage its reputation for quality.
USA
Small Business
Chrysler, GM back on fast track
11.05.2010 00:27
freep.com
OK, so what did we expect Steven Rattner to say? That General Motors and Chrysler will probably collapse like two flimsy houses of cards? Of course not. And Rattner, the former head of President Barack Obama's auto industry task force was upbeat.
USA
Small Business
CEO: Chrysler should surpass target for year
11.05.2010 00:27
freep.com
Chrysler CEO Sergio Marchionne said Monday that the automaker should beat its expectations for the year and it's working to launch an initial public offering "as quickly as we can." The timing of an IPO, he said, will depend on the pace of Chrysler's financial improvement and how likely the market will support a Chrysler stock offering.
USA
Small Business
GM, Chrysler make progress
11.05.2010 00:27
freep.com
Two of the key administration figures that led General Motors and Chrysler through bankruptcy last year said Monday that the companies have made significant progress in turning around their operations.
USA
Small Business
Metro home prices fall again
11.05.2010 00:27
freep.com
Home prices in metro Detroit continued to fall in March, dropping 18.8% as the market struggles for a rebound. And in a separate report, April home sales were down by 3.6% in the tri-county area, according to Realcomp, a Farmington Hills-based multiple listing service.
USA
Small Business
Bank ads seek to restore confidence
11.05.2010 00:27
freep.com
Citizens Financial Group, which operates Charter One Bank in Michigan, plans to roll out a new advertising campaign Wednesday designed to regain consumer confidence in banks in the wake of the financial crisis.
USA
Small Business
Stocks rebound on European aid
11.05.2010 00:27
freep.com
NEW YORK -- Stocks rocketed to their biggest gain in a year and bond prices fell Monday after a nearly $1-trillion plan to contain Europe's debt crisis reassured investors. The Dow Jones Industrial Average rose about 405 points to its biggest advance since March 2009. Broader U.S. indexes outpaced the Dow's 3.9% rise. Gains in several European markets topped 9%.
USA
Small Business
Headlines: Solar panel maker reports 3Q loss
11.05.2010 00:27
freep.com
Energy Conversion Devices on Monday reported a net loss for its fiscal third quarter as the solar panel product maker recorded a $358-million charge to write down the value of its assets.
USA
Small Business
U.S. takes 2nd look at 2005 Toyota recall
11.05.2010 00:27
freep.com
WASHINGTON -- U.S. auto safety regulators have opened a fresh probe into Toyota's handling of a 2005 recall over faulty steering rods in older pickups, questioning whether the automaker delayed making the fix after issuing recalls overseas.
USA
Small Business
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