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  • Since Detroit filed for bankruptcy in July 2013, creditors have had the Detroit Institute of Arts' multi-million dollar collection in its sights. Photo by the DIA
    June 9, 2014   BY Margaret Myers 

    In a show of solidarity for a city struggling through bankruptcy, Detroit’s three automakers announced Monday a pledge of $26 million to go toward a deal that would help save the integrity of the city’s renowned art museum and alleviate pension reductions for thousands of city workers.
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  • newswrap_hari
    May 9, 2014  

    In our news wrap Friday, the president of South Sudan and the rebel leader agreed to a ceasefire during a meeting in Ethiopia. The two men agreed a transitional government offers the best chance for new elections. Also, Ford issued a recall of nearly 700,000 Escape SUVs and C-Max hybrids from the last two model years, the latest in a recent string of major auto recalls in the North America. Continue reading

  • May 1, 2013  

    In other news Wednesday, April was the best month for car sales in six years. Ford’s U.S. sales rose 18 percent, while Chrysler and GM saw an 11 percent raise. Also, a wave of bombings across Iraq killed at least 15 people. The attacks are just the latest in a surge of sectarian violence that erupted last month. Continue reading

  • April 3, 2012  

    Auto industry sales jumped 6 percent in March with almost 1.4 million new cars and trucks sold — the highest number since 2008, according to new reports released Tuesday amid Detroit’s $200 million deficit. Gwen Ifill and David Shepardson of The Detroit News discuss what’s behind the continued surge in sales. Continue reading

  • February 1, 2012  

    In other news Wednesday, the drug maker Pfizer recalled 1 million packets of birth control pills. Some of the packages contained too many active tablets while others had too few, raising the risk of unintended pregnancy, the company said. Also, at least 73 people were killed in Egypt when a soccer match erupted into a riot. Continue reading

  • January 5, 2012  

    With nearly 13 million cars sold, 2011 turned out to be the strongest year for Detroit’s major automakers since the financial crisis hit in 2008. Margaret Warner discusses just how that 10 percent increase came to be with David Shepardson, who covers the auto industry for The Detroit News. Continue reading

  • December 8, 2011   BY Larisa Epatko 

    From Bo lookalikes planted around the White House, to one of the Fords’ puppies snacking on an ornament, view photos of the White House pets through the years at holiday time. Continue reading

  • October 12, 2011  

    The United Auto Workers has reached a deal for a new contract with Chrysler after working out similar deals with GM and Ford. Jeffrey Brown discusses what these new labor contracts might mean for workers and the Big Three automakers with Changing Gears’ Micheline Maynard and David Shepardson of The Detroit News. Continue reading

  • October 4, 2011  

    In other news Tuesday, Federal Reserve Chairman Ben Bernanke issued a new warning about the U.S. economic recovery before a congressional committee. He defended the Fed’s latest stimulus efforts and said they are critical to prevent a new recession. Also, stocks in Europe fell sharply amid fears that Greece will default. Continue reading

  • September 28, 2011  

    In other news Wednesday, factory workers at General Motors overwhelmingly ratified a new four-year contract. It doesn’t include any pay raises, but 48,000 hourly employees will get a $5,000 signing bonus plus profit-sharing checks. Also, gunmen in southern Afghanistan attacked and killed eight police at a checkpoint. Continue reading

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