Ford shareholders reject stock proposal Ford Motor Co. shareholders are again rejecting a proposal to dilute the Ford family's control over the company. At its annual meeting in Wilmington, Del., Thursday, Ford said 67 percent of shareholders voted against the proposal to make each Ford share worth one vote. More
For some Detroit services, call the D.I.Y. Dept. Detroit may be broke but it will soon have a first-rate motor pool, featuring 23 new ambulances and a fleet of 100 new police cars. Some city parks also are getting tender loving care. New fruit trees and shrubs have been planted, and mowing crews are beginning to make the rounds to keep the green spaces tidy. More
AP Source: Fiat mulls IPO after buying Chrysler The head of Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter. More
GM says Chevy Spark EV can go 82 miles per charge General Motors says the battery-powered version of its Chevrolet Spark mini-car can travel up to 82 miles on a single charge, putting it among the leaders in mass-market electric vehicles sold in the U.S.... More
State police probe man's death on Southfield Freeway Michigan State Police are investigating the death of a Detroit man struck by a semitruck Tuesday on the Southfield Freeway. A Detroit police patrol was responding to an unrelated incident when they ... 12/4/2024 - 1:26 am | View Link
shapecharge/Getty, Anna Kim/Getty, Tyler Le/BIAn extra tax on home sale profits over $250,000 was designed to target wealthy homeowners. But as home values have soared, the tax is impacting middle-income people, too. Two older homeowners told BI they want to downsize, but have been discouraged by the tax. Many older homeowners have benefited from soaring home prices in recent years, but as they look to cash in and downsize, some are discouraged by a federal tax that applies to a growing number of home sales.
Tim Cook faces a tough balancing act between Washington and Beijing to protect Apple's supply chain in China. Justin Sullivan/Getty ImagesFor years, Tim Cook has overseen the development of Apple's supply chain in China. The risk of tariffs on China from Donald Trump requires a complex balancing act from Cook.
Mae Suzuki, Benji Xavier, and Alaias Bertrand said they lost weight sustainably when they focused on their health over their appearance. Mae Suzuki/ Benji Xavier/Alaias BertrandMany people associate losing weight with restrictive dieting, but that is unsustainable for most. Three people who met their weight loss goals sustainably shared how they did it.
A Rolex Day-date watch. Christian Vierig/Getty ImagesRolex has hiked prices for some of its most popular pieces. This comes after the price of gold surged in 2024. As of Thursday, the price stood at about $2,700 per ounce. Rolex, one of the world's most premium watch brands, just got even more expensive.
Vinay Hiremath (left), a co-founder of Loom, reflected on finding purpose after selling the company. LoomVinay Hiremath, a co-founder of Loom, just wrote about finding purpose after selling the company. Software company Atlassian acquired Loom for $975 million in fall 2023. The 32-year-old has climbed mountains and joined DOGE. Now, he's in Hawaii.
Ukrainian troops were trained in trench warfare in French military camps, which Macron visited in October. AP Photo/Thibault Camus, PoolUkraine's investigators are probing the 155th Mechanized Brigade, a unit partially trained by France. Nicknamed "Anne of Kyiv," the highly publicized brigade was an effort by France to bolster Ukraine's defenses.