Michigan daily news roundup Subcribe to Michigan daily news roundup |
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By Mark Hornbeck, The Detroit News
House and Senate committees will open hearings next week to investigate how the Michigan Economic Development Corp. awarded a $9.1 million tax break to a Flint company led by a convicted embezzler.
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By Kristin Longley, mlive.com
FLINT, Michigan -- Richard A. Short, a convicted embezzler and chief executive officer of the company that received $9 million in tax credits from the state, said today that he still has hopes that the company will move forward.
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Michigan tax shift pits cities vs. Big 3
By Matthew Dolan, The Wall Street Journal
DETROIT—A tax change in Michigan has sparked a conflict between the Big Three auto makers and the cities and towns that are homes to their plants, normally a big source of support for the car companies.
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U.S. Supreme Court may rule on Asian carp case
By Nathan Hurst, The Detroit News
WASHINGTON -- The U.S. Supreme Court could decide as early as today if it will consider a lawsuit filed by Michigan Attorney General Mike Cox seeking immediate closure of the locks near Chicago to keep the invasive Asian carp out of Lake Michigan.
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State farm industry touts its $71B impact
By Jennifer Youssef, The Detroit News
Michigan farmers are widely recognized for the high quality fruits, vegetables, meats and other foods they produce, but they're not often acknowledged for their economic contributions to the state.
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GOP plots strategies to nullify health bill
By Naftali Bendavid, The Wall Street Journal
WASHINGTON—Republicans are looking beyond Sunday's expected vote on the Democrats' health-care overhaul to focus on strategies for striking back should it pass, ranging from challenges to the measure by individual states to a national repeal campaign.
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More hearings sought on Great Lakes levels
By Dan Egan, Milwaukee Journal Sentinel
A coalition of environmental groups worried about dropping water levels on Lakes Michigan and Huron is asking the U.S. and Canadian governments to expand a planned series of public hearings on the issue.
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An alternative to 'alternative' assets
By Gina Chon, The Wall Street Journal
Public pensions are increasingly asking a question that has haunted investors since the financial crisis: When is an alternative investment really more of the same?
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The empire strikes out
By Stephen C. Fehr, Stateline.org Staff Writer
New York Governor David Paterson replaced a governor caught up in a scandal. Now Paterson is accused of wrongdoing himself and has declined to run for election. Facing a myriad of challenges, including a $9 billion budget shortfall, Paterson is finding it difficult to be effective in his final months in office.
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