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Chrysler Financial To Cut 9 Percent Of Work Force
Chrysler's former financial arm said Tuesday that it will reduce its work force by 9 percent, or more than 300 employees, as it restructures operations after losing its preferred lender status with the automaker.
Deadline Passes For Lear To Make Interest Payment
The fate of auto supplier Lear Corp. remains uncertain as a Tuesday deadline passes to make a $38 million interest payment to lenders.
Families Can Find Summer Vacation Deals
This summer, the family vacation does not need to break the family budget. There are a lot of deals for families if they want to get away, whether for a day trip or a week-long adventure.
Get GM Stocks Here
Get up-to-the-minute General Motors stock prices.
Why You Should Buy A Car?
Local 4's Paula Tutman takes a look at the best way to get a great deal on a new car.
Livonia Could Get Electric Battery Plant
Livonia leaders have cleared the way for a electric car battery manufacturer to move in.
Take Hold Of Your Finances This Week
In the spirit of Money Smart Week, the Community Action Agency, City of Port Huron and Michigan State University Extension will host a free financial seminar.
Launching a Business Online? Simple Steps For Success
If you're considering starting an online business, there are simple steps to take ensure a quality venture.
Pulte Homes Purchase Centex
Two home-buiilders come together to create one of the nation's largest home builders. Watch:Pulte Makes Billion-Dollar Deal
The Dangers Of Not Using Your Credit Cards
If you don't use your credit card you could be hurting your credit.
How To Get The Edge In Your Job Search
With Michigan's unemployment rate at a staggering 11.6 percent, everyone is looking for an edge. Ruth to the Rescue found four easy ways to help you find a job.
Your Tax Guide
Get the information you need from key documents to tips on what you can claim and how to get the most money from your return.
GM Awaits Judge's Ruling On Sale Plan
General Motors Corp. may have to wait out the long holiday weekend to learn if its bankruptcy plan is moving forward.
JetAmerica Discount Airline Delays Launch
A fledgling discount airline is having trouble getting off the ground.
Official: No GM Funding After July 10
A member of the federal auto task force says that the U.S. government will not continue to fund General Motors Corp.'s operations if the automaker doesn't get approval to sell its assets.
US Auto Sales For June Released
U.S. sales in June at Ford and Chrysler offered sharply different views on the downtrodden U.S. market for cars and trucks, while General Motors Corp. held its own even though it entered bankruptcy protection.
GM Seeks Bankruptcy Approval
General Motors Corp., hoping for a quick exit from Chapter 11, on Tuesday will ask a bankruptcy judge to approve its plan to refashion itself as a leaner automaker owned mostly by the government.
VW, Ford Tops In Vehicle Quality Survey
Volkswagen took the most awards in an annual U.S. automobile quality survey by a California research company, but Ford's Focus also proved to be a favorite, rising to the top of the survey's small car category.
There Is Relief Repaying Student Loans
Starting this week, anyone with a federal student loan can apply for a program, run by the Department of Education, that caps monthly payments based on income.
Gas Prices Flat Across US Over Last 2 Weeks
The price of a gallon of gasoline held steady over the past two weeks, at $2.66 for a gallon of regular unleaded.
Ford: More Suppliers Ailing In 2009
Ford Motor Co.'s top executive for auto parts purchasing says the number of the automaker's suppliers that are under distress or bankruptcy protection has more than doubled in the last year.
Best Car Deals For June
U.S. News and World Report has the best deals for car buyers during the month of June.
Gov't To Lend To Ford, Nissan, Tesla
The Energy Department says it would lend $5.9 billion to Ford Motor Co. and provide about $2.1 billion in loans to Nissan Motor Co. and Tesla Motors Inc.
GM Hopes New Buick LaCrosse Will Lure Young Buyers
With only four brands selling far fewer models than in the past, every new car or truck that General Motors Corp. rolls out is paramount, and none is more important than the 2010 Buick LaCrosse.
Study: Detroit Lifts Quality
A closely watched study of new vehicle quality says Ford, General Motors and Chrysler have improved, but they still lag behind foreign competitors like Toyota.
Fed Unlikely To Launch New Efforts To Aid Economy
With the recession easing, Federal Reserve policymakers are unlikely to launch any major new efforts to revive the economy when they meet this week. Instead, Fed Chairman Ben Bernanke and his colleagues, wary of overdoing the stimulus medicine and fanning inflation later, are expected to stand pat, economists say.
Iacocca: GM, Chrysler Should Repay US Loans Fast
Former Chrysler CEO Lee Iacocca has some advice for the people who are running his old company, and those who will lead the new General Motors: Get the government out of your business as soon as possible.
Michigan's Bid For Green Economy Faces Hurdles
Gov. Jennifer Granholm took to a conference stage this past week to sell a national audience on her vision of a green Michigan -- a state whose natural resources, hungry work force and empty plants can attract alternative energy jobs.
Redbox's Machines Take On Netflix's Red Envelopes
With more subscribers than ever flocking to its DVD-by-mail service, Netflix Inc. is one of the few companies to prosper during the worst U.S. recession in 70 years. Yet Netflix CEO Reed Hastings still has something to worry about: an even cheaper DVD rental service run by one of his former lieutenants.
Univ. Of Michigan Tuition To Climb 5.6 Percent
The University of Michigan plans to raise undergraduate tuition by 5.6 percent at its Ann Arbor campus next fall.
'Cash For Clunkers' Web Site Launched
The federal government launched a web site Monday for the "cash for clunkers" program passed by Congress Thursday.
Chrysler To Restart Assembly Plants
Chrysler Group LLC says it will resume making vehicles at seven of its North American factories starting June 29.
Granholm Wants To Keep College Grants
Michigan Gov. Jennifer Granholm says she's giving a failing grade to some Republican senators' move to eliminate the Michigan Promise Scholarship for college students.
Administration Rejects Auto Supplier Aid Request
The Obama administration has turned down a request by auto suppliers for up to $10 billion in additional federal aid to help the parts companies deal with the bankruptcies of General Motors and Chrysler.
Obama Rejects Supplier Aid Request
The Obama administration has turned down a request by auto suppliers for an additional $8 billion to $10 billion in aid to help them deal with the bankruptcies of General Motors and Chrysler.
Hiring Under Way At Mid-Mich. Solar Panel Plant
Hiring is under way at Evergreen Solar Inc.'s new $55 million plant in Midland, which will make silicon components for solar panels.
Study Cites Losses In SE Mich. Manufacturing Jobs
A regional planning agency says the automotive industry's restructuring has cut the number of manufacturing jobs in southeast Michigan by nearly half since 2000.
Papa John's Resists Following Rivals Into Pasta
Papa John's is betting the store on keeping its eye on the pie -- even as two larger competitors load their plates with pasta or sandwiches to boost sales in the slumping economy.
Ford May Issue More Stock To Cut Debt
Ford Motor Co. will likely trade more of its debt for equity, and sell more common stock, so it can improve its balance sheet until the company can become profitable in 2011, CEO Alan Mulally said Thursday.
Kroger Recalls Store Brand Wings
Kroger Co. has recalled 32-ounce bags of Kroger fully cooked Buffalo-style chicken wings.
2 Cribs Recalled
Two baby cribs sold at stores in Michigan are being recalled for causing harm to your baby.
Gas Company Wants To Increase Rates
Michigan Consolidated Gas Co. wants to charge more to deliver natural gas to customers in 2010, but says the average residential customer's heating bill still would be less than it is now.
House Passes 'Clunkers' Plan To Boost Car Sales
The House on Tuesday approved a "cash for clunkers" bill that aims to boost new auto sales by allowing consumers to turn in their gas-guzzling cars and trucks for vouchers worth up to $4,500 toward more fuel-efficient vehicles.
GM Extends Factory Closures
General Motors Corp. said it will add as many as four weeks to the temporary closures of seven assembly plants due to the continued U.S. auto sales slump.
Why GM, Chrysler Want Fewer Dealers
Both General Motors Corp. and Chrysler LLC have announced plans to dramatically reduce their networks of thousands of dealers, saying that the moves are needed to cut costs as part of their restructuring efforts.
Lunchmeat, Poultry Products Recalled
A lunchmeat company is recalling dozens of brands of lunchmeat sold at food store chains all across Michigan
Chrysler Dealers Scramble To Unload Vehicles
Peter J. Walsh, the owner of Walsh Dodge in Jersey City, N.J., started out selling used cars in his hometown 28 years ago after the birth of his daughter. He slowly built his business, and felt as if he'd finally made it when he earned his Chrysler shingle in 2000.
Company Opens At MSU's New Bioeconomy Institute
A company with roots at Michigan State University has become the first tenant at the school's Bioeconomy Institute at a former Pfizer Inc. lab.
GM Studying More Plant Shutdowns
General Motors Corp. is evaluating the temporary closure of more factories in the third quarter as it tries to control inventory to prepare for its exit from bankruptcy protection, a person briefed on the plans said Wednesday.
Judge: Chrysler Has Good Case
The judge overseeing Chrysler's bankruptcy case said Thursday that the automaker has a good case for the termination of 789 of its dealer franchises as part of its ongoing restructuring.
Milk Processor Recall Affects Meijer
Food distributors across the nation have recalled several milk products.
Crib Recalled For Suffocation Risk
In 2007, the company recalled 1 million older model drop side cribs after two children became trapped and suffocated.
Baby Water Float Recall
The baby floats can tear and cause children to fall into or under the water.
Kroger Recalls Popcorn Seasoning
Popcorn seasoning being recalled because of possible salmonella contamination.
42,000 Pounds Of Beef Recalled
A Colorado firm has recalled nearly 42,000 pounds of beef, some of which was shipped to Michigan.
Looking For Help? Turn To Ruth To The Rescue
Ruth to the Rescue has helped thousands of metro Detroit consumers solve their problems. Need help right away? Here are some handy Web sites and telephone numbers.
Nestle Recalls Cookie Dough
Nestle USA on Friday voluntarily recalled Toll House refrigerated cookie dough products after a number of illnesses were reported by those who ate the dough raw.
1,500 Toasters Recalled
W.P. Appliances is recalling toaster ovens over a possible fire risk.
Track A Registered Sex Offender
The Michigan State Police create a Web site to help keep track of the state's registered sex offenders.
Ruth To The Rescue Blog
Ruth to the Rescue blogs about the latest consumer issues in the news.
Ruth To The Rescue: Protecting Your Identity
Identity theft costs billions of dollars and affected the lives of thousands of Americans. You need to know how you can protect yourself from crooks trying to steal your personal information.
Protect Your Identity By Checking Your Credit Report
Identity theft costs billions of dollars and affected the lives of thousands of Americans. You need to know how you can protect yourself from crooks trying to steal your personal information.
Transfer Northwest Miles To Delta
Identity theft costs billions of dollars and affected the lives of thousands of Americans. You need to know how you can protect yourself from crooks trying to steal your personal information.
Girl Turns To Council To Save House
While most 11-year-olds are enjoying the summer sun, Sydney Hawkins is on a mission to save her grandmother’s home.
Web Site Lets Consumers Lock In Gas Prices
Tracking gas prices can be like following a roller coaster; up one day, down the next. So, one California economist came up with the idea to allow consumers to lock in a gas price. The website is called Petrofix
Meijer Announces Partnership Supporting Nutrition And Beaumont Hospital
Meijer announced a partnership with “Produce for Kids” to promote healthy eating and raise money for Beaumont Hospital’s Pediatrics Department.
Complete Recall List
Get the latest information on recalls from consumer products, food, medicine, cosmetics, and more.
Dentist Offers Savings On Dental Implants
A metro Detroit dentist is offering a chance for patients to save thousands on dental implants.
Clinical Research Studies Gain Popularity Among Uninsured, Unemployed
Quest Research Institute, of Bingham Farms, said it has seen an increase in study participants, possibly due to the recent spike in unemployment. But Executive Director Dolly Niles said Quest still needs more people to volunteer.
Internet Makes Finding Discontinued Cosmetics Easier
Finding the perfect lipstick, eye shadow, moisturizer or any other cosmetic can be a big deal for someone who spent years searching.
How Much Will You Owe The IRS?
President Barack Obama's "Making Work Pay" plan may actually end up costing taxpayers money when tax time comes around next year.
Company Issues Recall For Diet Pills
Universal ABC Beauty Supply International Inc. issues a nationwide recall for several brands of its diet pills.
Allen Park Couple Happy To Hear Obama's Proposal
President Barack Obama’s proposal calls for credit cards to eliminate the fine print and make statements and contracts more clear. Obama also wants to put an end to unwarranted or unexpected rate increases.
Mich. Stores Recall Pistachios
Two Michigan stores announce recalls as the investigation into the possible health risk associated with pistachios.
New Web Site Allows Job Seekers To Bid On Job
Two college students started jobaphiles.com with listings for college jobs but decided to expand the site when it became it was so popular.
Ruth To The Rescue: How To Spot Scam Checks
Each year hundreds of Local 4 viewers call Ruth to the Rescue wondering whether they should cash a check they’ve just received in the mail. The checks look very official and to someone down on their luck, they can look like the break they’ve been waiting for.
Fiat Won't Assume Chrysler Debt In Deal
The Italian automaker Fiat says it won't assume Chrysler's debt -- current or future -- in its deal to take a 35 percent stake in the company.
Senate Passes Tax Breaks For Businesses
A divided Michigan Senate has passed tax breaks for more companies whose owners or officers make six figures.
Chrysler Financial Gets $1.5B Loan From Bailout
The government says it will provide a $1.5 billion loan to the auto financing arm of Chrysler LLC.
How To Find A Job
How to find a job in today's market?
467K Jobs Cut In June; Jobless Rate At 9.5 Percent
Employers cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year high of 9.5 percent. Workers also saw weekly wages fall, suggesting Americans will have little appetite to spend and the economy's road to recovery will be bumpy.
Older Job Seekers Struggle With Age Barrier
Despite their years of experience, out-of-work older people are finding it harder than other adults to find new jobs.
Manhattan Apartment Prices Skid 13 To 19 Percent
Apartment prices in the typically resilient Manhattan market plunged in the second quarter by the largest annual amount in decades, data released Thursday showed.
NYC Market Workers Bag $1.1M
About 50 grocery baggers in two New York City supermarkets will split $1.1 million as part of a settlement with the stores' owners who failed to pay the workers a proper wage.
400,000 Cribs Recalled After 8-Month-Old Dies
About 400,000 Simplicity drop side cribs are being recalled for posing a suffocation or entrapment hazard.
Johnson & Johnson Pays $1B For Elan Stake
Johnson & Johnson, making a big jump into the risky but potentially lucrative field of Alzheimer's disease, is taking a major stake in Irish biopharmaceutical company Elan Corp., investing up to $1.5 billion initially.
In Hard Times, Scam Artists Abound
The economic downturn appears to be bringing out the worst in some people.
Utah Bar Crawl To Mark End Of Liquor Restrictions
Jeremy Kristic and several of his friends pounded on the door at Oscar's bar Wednesday promptly at 11 a.m. They wanted it to open immediately, and they wanted to drink. They had after all other bars to go to -- before closing time at 1 a.m.
States Without Budgets As Key Deadline Passes
States from coast to coast began a new fiscal year Wednesday with no budget plans and with cash quickly running out, sending some to the brink of shutdown and forcing others to furlough workers and cut services.
Facebook Plans To Simplify Privacy Settings
Facebook is overhauling its privacy controls over the next several weeks in an attempt to simplify its users' ability to control who sees the information they share on the site.
Immigrants In US Ask For Money From Home
For years, some immigrants in the United States have sent money back home to relatives in other countries. However, now those immigrants are asking for money in the struggling economy.
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