News@noon: Michigan is beautiful; the rivalry continues
Today is Thursday, Oct. 27, 2016, and it's the most beautiful time of the year in Michigan, especially in the UP. Photographer Bryan Mitchell, who frequently freelances for us, proves this.
This year, Pictured Rocks National Lakeshore is celebrating two anniversaries: Its 50th as the nation’s first designated lakeshore, and the 100th anniversary of the National Park Service. As part of those observances, the park service chose Bryan as the Pictured Rocks’ 2016 Artist in Residence. He spent 18 days there making beautiful images.
Here's what else we're following today:
- Ford Motor Co.'s third-quarter earnings came in today and it's clearly been a rough few months. Ford's earnings fell more than 56 percent to $957 million, due to recall costs, reduced dealer inventory and changes in the mix of the F-150 in North America. The automaker is also prepping for the North American debut of its luxury Lincoln Continental, which was revealed to reporters in Los Angeles' Bel Air Hotel. Auto critic Henry Payne was on hand.
- Earlier this week, Fiat Chrysler Automobiles NV reported a profit of about $659 million during the third quarter, despite recall costs and lower sales in North America. The company has also announced a $10.4 million investment in a new parts distribution center in Romulus.
- It was a much better time for General Motors Co., which posted record third-quarter earnings of $2.77 billion.
- Bottom line: the good times are not yet over for Detroit’s automakers or their foreign rivals operating in the United States. This town’s auto leaders are just more cautious and more disciplined, determined to avoid past mistakes and show investors that Old Detroit is gone for good.
MadDog in Pontiac
Technology company MadDog on Friday will relocate three of its businesses to the historic Riker Building in downtown Pontiac, according to an announcement Thursday by chairman and co-founder Pete Karmanos Jr. and co-founder Mark Hillman.
What's next for the Ilitchs?
- Starting next week, entities connected to the powerful Ilitch family will own yet another swath of empty Detroit land. But plans about what happens to the property next are wrapped in mystery.
- The Ilitches are also in talks with the owners of the Detroit Pistons to move the NBA team from Auburn Hills to downtown. And there’s the possibility of the Pistons placing a new practice facility somewhere near Little Caesars Arena, presumably on land controlled by the Ilitches.
- Inadequate records, bid tabulation mistakes and about $1 million in ineligible reimbursements are among the issues uncovered in a review that led the U.S. Treasury Department to shut down the city’s controversial demolition program this summer. The independent audit, commissioned in June by the Detroit Land Bank Authority, uncovered expenses billed to the Michigan State Housing Development Authority that were potentially ineligible for reimbursement, nearly all of which were incurred over a nine-month period between June 2015 and February.
The rivalry continues
- The Michigan-Michigan State rivalry week is finally here, and Bob Wojnowski and John Niyo dissect the big game on Week 9 of the College Football Show.
(If you like this illustration, check out the whole collection on our Facebook page)
- Harbaugh said he isn’t sure whether he will show the team the clip of the end of last year’s Michigan-Michigan State game – the fumbled snap in the final 10 seconds on which MSU scored the winning touchdown.
- That play lives in infamy in the minds of those who were there, those who watched, and those who listened. And for those whose job it was to tell the story, each has a unique perspective about the play.
- The 2-5 Spartans are 23.5-point underdogs in a home game against No. 2 Michigan this Saturday. And to make it worse, six Sports Illustrated and Fox Sports college football experts have named the team the nation's biggest flop.
Detroit News at noon is a daily roundup of the most talked-about stories on detroitnews.com. For more anytime, like us on Facebook and follow us on Twitter, Instagram (@detroitnews), Snapchat (Search for "Detroitnews") and LinkedIn.