|
5/9/08 China eyes overseas land in food push; Africa and South America key targets...
Oil Near $126 Barrel...
GM buys its Detroit headquarters for $626 million
bd’s Mongolian Grill chain sold
Get a quote
from Klebba Insurance in Wixom. Auto, Home,
Business and Life
Click Here >>
Ask For Tom 248 821-4295
 Retirement
/ Financial Planning & 401k Rollovers
5/5/08 Microsoft
abandons Yahoo bid
The company says it's dropping its 3-month-old bid
because the two sides couldn't agree on an acceptable sales price.
Linens 'n Things announces that it has filed for Chapter 11 bankruptcy
4/30/08
GM reports 1st-quarter loss of $3.3 billion
OPEC says oil could hit $200; Cartel's president blames weak dollar...
New Group Calls for Auto Insurance Choice
Novi
expected to lead region in
job growth in coming years
DETAILS
4/27/08 Pulte Homes reports loss, predicts another
4/25/08 
Ford posts profit; more cuts coming
4/22/08 Feds- 36 mpg for cars by 2015
Mich. Senate Approves Business Tax Breaks
 Euro hits record high of over $1.60...
4/20/08
New tax shocks business owners
4/19/08 $28 BILLION- GOOGLE SURGE ROCKS WALL STREET...
Oil
hits another record high
4/15/08 FOOD COSTS RISING FASTEST IN 17 YEARS
McCain says USA in recession...
Blames 'greedy' Wall Street...
Mortgage Defaults in U.S. Climbed 57% Last Month as Repossessions Doubled
Wealth of oil possibly lying beneath Brazilian waters, energy official says
4/13/08
Crisis yields 18.9-month supply of homes
Credit
tightening hits auto loans
The national credit crunch isn't just squeezing the
housing market, it's also making auto loans more
difficult.
4/12/08 
U.S. Stocks Drop Most in Five Weeks After General Electric's Earnings Miss
In the midst of criminal proceedings against
Detroit Mayor Kwame Kilpatrick, voters shouldn't stop asking politicians to
answer for the criminally bad state of Michigan's economy. Their minimum wage
increases in recent years have killed jobs for those most in need of work.
Detroit's automakers face an uphill struggle
this year after losing two of the underpinnings that supported the early stages
of their turnaround plans: a strong economy and plentiful credit.
4/9/08 GM will use Mexican axles to reopen 2 plants
Fed's Fisher Says U.S. Economy Has `Anemia,' Housing Hasn't Yet Hit Bottom
 U.S. Economy to Stall as Consumer Spending Cools, Survey Shows
New Tax Incentives Draw Filmmakers To State
IMF PUTS COST OF CREDIT CRISES AT $1 TRILLION...
4/8/08 Credit Suisse Group private-equity investment unit adds Troy, Mich., office
4/4/08 Economy
sheds 80,000 jobs in March...
...Unemployment Rate
Rise to 5.1%
Fed Signals More Interest-Rate Cuts as Policy Makers Cite Market Stresses
Although the remodeling market hasn't yet been
hit as hard as the new home construction market, the industry is feeling the
pinch and businesses are starting to close their doors.
Euro Falls as Retail Sales Drop Signals U.S. Slowdown Spreading to Europe
4/1/01
GM Opens New Vehicle Plant in China
Stocks in U.S. Rise, Led by Banks in Best Start to 2nd Quarter in 70 Years
Auto sales scoreboard
3/31/08 US-UK TEAM TO THWART FINANCIAL CRISES...\
PAPER-
Fed eyes Nordic-style nationalization of banks...
...Authority Over Markets
'Brace for $1 Trillion Writedown'...
Detroit's housing slump is attractive to investors
3/1/08
Hear
Me Now - Believe Me Later
By: Peter Schiff,
Euro Pacific Capital, Inc.
Having
neither the will nor the means to confront our major economic challenges,
Washington
is instead hanging its hopes on words alone. This week, despite the
clearest signs yet that the dollar is in critical condition, President
Bush and Treasury Secretary Paulson tried to provide reassurance by once again
invoking the name of the mythical “strong dollar policy”. Meanwhile
across town, with the latest crop of inflation figures pointing to the greatest
price surges in a generation, Fed Chairman Ben Bernanke tried to do the
Administration one better by insisting that inflation expectations remained
“well anchored”, and that stagflation was nowhere in sight MORE
3/29/08
NUMBERS OF AMERICANS ON FOOD STAMPS HITS RECORD... DEVELOPING...
Consumer spending posts weakest gain in 17 months
3/28/08
TREASURY DEPT. PROPOSES NEW POWERS FOR FED
WASHINGTON — The Treasury Department will
propose on Monday that Congress give the Federal Reserve broad new authority to
oversee financial market stability, in effect allowing it to send SWAT teams
into any corner of the industry or any institution that might pose a risk to the
overall system.
The proposal is part of a sweeping blueprint
to overhaul the nation’s hodgepodge of financial regulatory agencies, which
many experts say failed to recognize rampant excesses in mortgage lending until
after they set off what is now the worst financial calamity in decades.
Dollar Heads for Biggest Weekly Drop in Month Against Euro on Rate Outlook
 Jump in rice price fuels fears of unrest; Grain rises 30% to all-time high...
GM- Hamtramck Plant To Shut Down
Fed offers $100 billion more to commercial banks to fight credit crisis
Newspapers suffer biggest ad revenue plunge in more than 50 years...
City of Wixom Welcomes NXTGEN Emission Control
City of Wixom Welcomes Caraco Pharmaceuticals
City of Wixom Welcomes Behr-Hella Thermocontrol
dSPACE
Inc. Moves to Expanded Facility
dSPACE’s new offices are located near the intersection of Wixom
Road and Pontiac Trail in the City of Wixom |
|
New
Providence Park Hospital to have retreat-like atmosphere
Hospital works to make stays
comfortable
for patients and their families
DETAILS |
|
WIXOM -- Sen. Nancy Cassis, R-Novi,
announced Wednesday that Wixom-based NxtGen Emission Controls USA Inc. has been
given a $909,000 high technology employment tax credit for 10 years from the
Michigan Economic Growth Authority.
The company, which delivers clean and
efficient diesel technology, has plans to invest some $1.2 million to house its
North American administration and manufacturing facility in Wixom.
It is expected to create about 47 jobs in five
years and 106 jobs by 2017.
|
|
 Sale
of Ford's Wixom plant hinges on UAW talks
The sale of the Ford Motor Co.'s property in Wixom
will depend on the outcome of the company's negotiations with the United Auto
Workers.
|
|
, a German manufacturer of Coordinate Measuring
Machines (CMM), will open a 24,000 sq. ft. manufacturing facility in Wixom,
Mich. on Oct. 9, 2007. The two-story building will house administrative and
engineering offices, production operations for the Wenzel X-Orbit and LH
series of bridge style CMMs, and a customer training and demonstration
facility.
|
|
Majic Appears in Wixom
Majic Window and Sliding Door
Co. The property sold for $2.3 million, or about $90 per square foot. It is at
30580 Beck Road, part of the Beck North Corporate Park.
Majic Window and Sliding Door Co., a 30-year-old family owned business, offers
fiberglass windows, seamless siding and acrylic bath enclosures, among other
products
|
Click
HERE to return to top of page
-Associated Press
| 
