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AEP hopes to return Michigan Cook 1 reactor in Nov
Published Tuesday, Nov. 3, 2009
American Electric Power Co Inc (AEP.N) hoped to restart the 1,009-megawatt Unit 1 at the Cook nuclear power station in Michigan in November, Mike Morris, AEP chairman said at the Edison Electric Institute financial conference on Monday.
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Detroit house auction flops for urban wasteland
Published Monday, Oct. 26, 2009
In a crowded ballroom next to a bankrupt casino, what remains of the Detroit property market was being picked over by speculators and mostly discarded.
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Michigan governor calls for more revenue for schools
Published Saturday, Oct. 24, 2009
Michigan Governor Jennifer Granholm warned on Friday that schools will face teacher layoffs and bigger class sizes if new revenue is not found for education.
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Michigan tops US state jobless rates again in Sept
Published Thursday, Oct. 22, 2009
Michigan again had the highest unemployment rate of all U.S. states in September at 15.3 percent, followed by Nevada and Rhode Island, which set records, the Labor Department said on Wednesday.
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AEP sees Mich. Cook 1 reactor back in 2009, not Oct.
Published Thursday, Oct. 22, 2009
American Electric Power Co Inc (AEP.N) planned to restart the 1,009-megawatt Unit 1 at the Cook nuclear power station in Michigan by the end of 2009 but not in October, a spokesman for the plant said Wednesday.
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Warren Bank in Michigan closed, FDIC says
Published Saturday, Oct. 3, 2009
Bank regulators closed Warren Bank in Michigan on Friday, the 96th U.S. bank to fail this year as deteriorating loans continued to take their toll on financial institutions.
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DTE shuts Mich. Fermi 2 reactor
Published Saturday, Oct. 3, 2009
DTE Energy Co (DTE.N) shut the 1,122-megawatt Unit 2 at the Fermi power station in Michigan from full power on Sept. 30 due to hydrogen leakage into stator water cooling system, the company told the U.S. Nuclear Regulatory Commission in a report.
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US broker charged with luring seniors in fraud
Published Tuesday, Sept. 29, 2009
U.S. securities regulators on Monday charged a Michigan stock broker with fraud for allegedly luring seniors into a $250 million investment scam after convincing them to refinance their home mortgages.
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Duke Energy says to develop tech with Chinese co's
Published Saturday, Sept. 19, 2009
Duke Energy Corp (DUK.N), the third-largest U.S. electricity utility, has signed agreements with several Chinese companies to develop energy technology, including solar power, Chief Executive Jim Rogers said on Friday.
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Silicon Valley warning: Detroit still doesn't get it
Published Saturday, Sept. 19, 2009
From Detroit's union halls to its boardrooms, the consensus belief is that billions of dollars in federal investment and loans kept the American auto industry from collapse.
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DTE reduces Mich. Fermi 2 reactor after test
Published Thursday, Sept. 17, 2009
DTE Energy Co (DTE.N) reduced the output of the 1,122-megawatt Unit 2 at the Fermi power station in Michigan following a test of the cooling water system, a spokesman for the plant said Wednesday.
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Detroit's car woes spread to California
Published Tuesday, Sept. 1, 2009
For more than two decades, Frank Ramirez has made a living working an unusual job in Silicon Valley: assembling cars and trucks for Toyota Motor Corp and General Motor Co.
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Flagstar may have to sell collection contracts at loss - report
Published Thursday, Aug. 20, 2009
Flagstar Bancorp Inc (FBC.N), one of the largest savings and loans based in the U.S. Midwest, may have to sell some of its $658 million of mortgage-collection contracts at a loss, Bloomberg reported.
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AEP Mich. Cook 2 reactor exits outage, back at full
Published Tuesday, Aug. 11, 2009
American Electric Power Co Inc's (AEP.N) 1,060-megawatt Unit 2 at the Cook nuclear power station in Michigan exited an outage and ramped up to full power by early Monday, the U.S. Nuclear Regulatory Commission said in a report.
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U.S. auto workers seek to retrain for scarce new jobs
Published Tuesday, Aug. 4, 2009
After more than a century of making cars, the U.S. state of Michigan is retraining thousands of unemployed workers for new careers now that many of their jobs may be gone for good.
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