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HOUSING CRISIS IN DETROIT
Billionaire Dan Gilbert and his wife’s foundation committed $10 million in 2022 to a Detroit home-repair fund designed to help more than 1,000 residents fix their homesDan Gilbert and his wife Jennifer’s foundation have pledged $10 million to a $20 million Detroit home repair fund in 2022. The three-year i...- US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summitU.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments, citing concerns over market...
- 'Worst thing, disgusting': Americans grade Elon Musk's DOGE within the first 100 days of the Trump administrationAmericans in various regions have graded Elon Musk and DOGE as he has completed his 100 days in the Trump administration. While some Americ...
- Harris rips Trump for his criticism of federal storm response and calls for 'dignity'Vice President Kamala Harris and the White House criticize Donald Trump for politicizing the federal response to Hurricanes Helene and Milt...
- US trade chief seeks new thinking on global challenges as APEC ministers meetTrade experts said subsequent talks on the U.S.-led Indo-Pacific Economic Framework initiative (IPEF) - featuring many of the same APEC min...
- Michigan leader: Trump didn't ask for election interferenceMichigan House Speaker Lee Chatfield was among seven Republican legislators who met with Trump for about an hour on Friday, amid his longsh...
- Mahindra retools its Detroit auto plant to produce face shields, other medical suppliesThe Indian company is retooling its Detroit manufacturing facility to produce aspiration box with innovative ease-of-use design; face shiel...
- US home prices rise most since 2006, cheer worldHome prices across America rose 10.9% from March 2012 to March this year, the biggest year-on-year increase since 2006.
- GM to expand US plants, invest $257 mnGeneral Motors Co, hoping to capitalize on its hot-selling sedans and a growing trust in American-made cars, says it will invest $257 milli...
- Detroit feels the pain as GM goes bankruptDetroit residents are struggling to come to grips with what would have been unthinkable as recently as 2004, when GM was completing a 10-ye...
- Detroit real estate prices crash on US auto woesDetroit, the world's automotive capital, is going the toughest time with the US auto industry faced with the most severe financial crisis s...
- Auto union asks Obama to reverse 'unfair' bailout termsThe United Auto Workers union said on Friday it would try to reverse "unfair conditions" imposed in a government bailout package when presi...
- White House, Congress agree on outlines of auto bailout planThe White House indicated late on Tuesday an agreement in principle was in place with Congressional leaders on a 15-billion-dollar automoti...
- White House: No auto decision 'in the coming days'The White House said on Wednesday it would review major US automakers' fresh appeals for a government rescue but cautioned against expectin...
- Democrats finding ways to rescue DetroitDemocrats are looking at ways in which Detroit can be rescued without further rocking the boat on Wall Street which was badly hammered on a...
- Fiat boss calls for aid to European auto industryFiat chairman Luca Cordero di Montezemolo called on Wednesday on EU governments to support their auto industries to ensure they remain comp...
- Big Three automakers beg for $25 billion lifelineCEOs of Detroit's Big Three automakers said millions of layoffs would follow. Even national security would be at risk if money was not sanc...
- US automakers hope Obama will bring financial aidDetroit automakers and their allies in Congress said on Wednesday Barack Obama's victory could help US automakers line up federal funding n...
- Auto union chief would oppose GM-Chrysler mergerUnited Auto Workers President Ron Gettelfinger said Tuesday he would oppose a merger between General Motors Corp. and Chrysler LLC because ...
- US mortgage crisis may worsen in 2008An escalating mortgage crisis will push another 1.4 million US homes into foreclosure and drive nationwide property values lower by 7% next...
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