DETROIT (AP) — House Speaker Nancy Pelosi and top Obama administration officials on Monday defended last year’s federal bailout of the auto industry, citing optimism that General Motors and Chrysler had made strides only months after exiting bankruptcy. (more)
DETROIT (AP) — Given a full four-year term to turn around their city by voters weary of political scandal and saddled with an economy in shambles, Mayor Dave Bing pledged Friday to restore Detroit residents’ shaken confidence in their leaders. (more)
WASHINGTON (AP) — Months after the government took large ownership stakes in General Motors, Chrysler and auto lender GMAC Financial Services, top lawmakers and members of the Obama administration will be taking a close look at their investment. (more)
TRAVERSE CITY, Mich. (AP) — Michigan could gain a significant economic boost and thousands of new jobs by reducing emissions of gases that cause climate change, according to an analysis released Monday. (more)
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