Saturday, November 07, 2009
Money & Markets
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Air Travel
Nathan Hurst
AMEX wants your business ... bad
And the credit card issuer is offering a ton of Delta SkyMiles to get it. American Express is now giving away hundreds of thousands of frequent flier miles to customers who use their Delta … Continued
Editor's Choice
What's Selling
Sample sales from Metro Detroit's real estate market
- What's selling: Farmington Hills - 10/05/2009
- What's selling: Green Oak Township - 10/05/2009
AP Headlines
Business
- G-20 finance officials: Too early to end stimulus - 01:58 PM
- Holiday airfares close to last year and climbing - 01:35 PM
- Jobless: 10 percent is tougher than it used to be - 02:36 PM
- Software cos. eye key patent case in Supreme Court - 12:27 PM
- Obama appeals for health care votes - 02:14 PM
- Banks in Ga., Mich., Minn., Mo., Calif. closed - 10:11 PM
- Analysis: 10 percent jobless is Obama's new world - 07:44 AM
- Chinese premier: Africa trade push is 'selfless' - 02:24 PM
- Philly transit union says pact reports 'premature' - 02:51 PM
More News
Ruling a blow to Blue Cross rate hike plan
Preliminary decision would not be as hard on seniors who buy Medigap coverage
Michigan Blue Cross Blue Shield's bid for a 31 percent rate hike for supplemental Medicare insurance hit a road block Friday. - 11/07/2009
Retail hiring slump lingers
It's unlikely that teenagers, college students home for the holidays or Michigan's unemployed will have much luck snagging a job folding shirts or stocking shelves this holiday season. - 11/07/2009
Cutting 800 jobs will help Michigan, Pulte says
Bloomfield Hills-based Pulte Homes Inc. says its plan to cut 800 jobs will actually benefit Michigan. - 11/07/2009
Business briefs
Bank regulators seized and sold Detroit's Home Federal Savings Bank on Friday night, arranging for Liberty Bank and Trust Co. of New Orleans to assume all of the deposits. Home Federal had two branches, and both will reopen during their normal business hours as branches of Liberty Bank and Trust. An announcement from the FDIC said Home Federal depositors can access their money over the weekend by writing checks. - 11/07/2009
Home Federal Savings Bank third to fail in Michigan this year
Bank regulators seized and sold Detroit's Home Federal Savings Bank on Friday night, arranging for Liberty Bank and Trust Co. of New Orleans to assume all of the deposits. - 11/06/2009
Borders to close 200 Waldenbooks
Ann Arbor-based Borders Group Inc. will close 200 of its Waldenbooks stores nationwide, including six in Michigan, as part of an initiative to bolster the embattled bookseller. - 11/06/2009
U.S. jobless rate tops 10% for first time since 1983
Washington -- The unemployment rate has surpassed 10 percent for the first time since 1983 -- and is likely to go higher. - 11/06/2009
Game on
New 'Ratchet & Clank' sticks with winning formula
'Ratchet & Clank: A Crack in Time' and 'Forza Motorsport 3' are top games in their class among recent releases. - 11/06/2009
Business briefs
Toyota Motor Corp. returned to profit in the second quarter, winding up a better-than-expected earnings season for Japan's leading automakers. Toyota said Thursday it still expects to lose money for the full fiscal year ending March 31, 2010. But it reduced its loss forecast by more than half, to $2.15 billion from $4.9 billion. Toyota, like its Japanese rivals, benefited from "cash for clunkers" programs in many regions that stoked demand for small and fuel-efficient cars. - 11/06/2009
'eCitizenship' conference next week at Wayne State
Detroit -- A national "eCitizenship" conference on the role of online social media and democracy is coming to Michigan, hosted by Wayne State University. - 11/06/2009
Deja vu: Wal-Mart, Amazon, Target in DVD price war
New York -- First it was books. Now it's DVDs. - 11/06/2009
Local spotlight
Doctor fine-tunes LASIK practice
In June 2008, Dr. Robert Beitman gave a speech at Wayne State University on the business of high-volume LASIK surgery. - 11/05/2009
Cobo event touts wind turbine benefits
Detroit -- Rooftop and residential-scale wind turbines could play a big role in generating renewable energy for the U.S. - 11/05/2009
What you need to know if your bank fails
New York -- Dozens of banks have failed this year. What do you need to know if yours is next? - 11/05/2009
Fashion brands switch alliances
New York -- Some of fashion's best-known names are playing musical chairs. - 11/05/2009
Pulte loses $361M in 3Q, sees new home orders rise
Bloomfield Hills -- Pulte Homes Inc. lost $361.4 million in the third quarter, but with the acquisition of Centex Corp., the homebuilder's new orders increased by more than a third. - 11/05/2009
Google providing better view of personal data
Google is offering a new privacy control that will make it easier for people to see some of the information being collected about them. - 11/05/2009
House votes to speed up tougher credit card rules
Washington -- The House voted 331-92 on Wednesday to impose immediately tough new rules -- set to take effect in 2010 -- for credit card companies after complaints of increased interest rates and steep new fees. - 11/05/2009
More reports
- Pulte loses $361M in 3Q, sees new home orders rise - 11/05/2009
- Google providing better view of personal data - 11/05/2009
- House votes to speed up tougher credit card rules - 11/05/2009
- Medical Weight Loss clinics to teach the jobless health basics - 11/05/2009
- EU agrees on new Internet user rights - 11/05/2009
- No Doubt sues video game maker over 'Band Hero' - 11/05/2009
- Business Insider: News bites on Marchionne, Fred Marx and Granholm - 11/05/2009
- A growing PayPal could soon overshadow parent eBay - 11/05/2009
- Business briefs - 11/05/2009
- People on the move - 11/05/2009
- Stocks finish mixed as optimism fades - 11/05/2009
- New jobless claims drop to 512K, lowest since Jan. - 11/05/2009
- Senate approves unemployment benefits extension - 11/04/2009
- Fantasy sports, real profits - 11/04/2009
- Cobo hosts wind energy expo - 11/04/2009
- Pulte Homes posts $361.4M loss for Q3 - 11/04/2009
- T-Mobile still out of order for some subscribers - 11/04/2009
- Chinese agencies fight for control of 'World of Warcraft' - 11/04/2009
- Apple's partner sells 5,000 iPhones in China debut - 11/04/2009
- Business briefs - 11/04/2009
- Fed again pledges to hold rates at record lows - 11/04/2009
- Retail rivals enter price war over Grisham book - 11/04/2009
- Senate's vote to extend jobless benefits delayed - 11/03/2009
- Airlines oppose union rule change - 11/03/2009
- $14M FedEx facility opening at Flint airport - 11/03/2009








