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County cancels $6M top bid for empty Packard plant

October 30, 2013 • BusinessComments (0)

Shoes and other discarded items are on a table in a rubble filled building at the Packard Plant, an abandoned factory complex on Detroit’s east side. Wayne County announced Wednesday, Oct. 30, 2013, it has canceled a Texas doctor’s $6 million top bid for a sprawling former Detroit car plant and now is talking with [&hellip...

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Southern Co. earnings down 13 percent

October 30, 2013 • BusinessComments (0)

FILE – In this Nov. 13, 2012 file photo, worker vehicles fill the parking lots at Mississippi Power’s Kemper County energy facility near DeKalb, Miss. Southern Co. reported a nearly 13 percent drop in its third-quarter earnings Wednesday,Oct. 30,...

EU spying backlash threatens billions in US trade

October 30, 2013 • BusinessComments (0)

FILE – This is a Friday, May 18, 2012 file photo of President Barack Obama, right, greets President of the European Commission Jose Manuel Barroso on Barroso’s arrival for the G8 Summit at Camp David, Md. The backlash in Europe over U.S. spying is...

Brazil’s OGX files for bankruptcy protection

October 30, 2013 • BusinessComments (0)

FILE – In this April 7, 2009 file photo, Brazilian billionaire Eike Batista attends a ceremony in which Batista donated about $4.5 U.S. million dollars for the the Rio 2016 Olympic games bid, in Rio de Janeiro, Brazil. The oil company of Brazil’s...

Feds proving Internet-adept and inept at same time

October 30, 2013 • BusinessComments (0)

In these October 2013 photos, Director of National Intelligence James Clapper, left, and Health and Human Services Secretary Kathleen Sebelius testify at separate hearings on Capitol Hill in Washington. When it comes to the Internet, the Obama administration...

SKorean lawmakers tour inter-Korean factory park

October 29, 2013 • BusinessComments (0)

A South Korean army soldier patrols before lawmakers leave for the Kaesong Industrial Complex at the Inter-Korean Transit Office near the border village of Panmunjom, which has separated the two Koreas since the Korean War, in Paju, South Korea, Wednesday,...

Surly breaks ground on new Minn. brewery

October 29, 2013 • BusinessComments (0)

Surly founder Omar Ansari speaks to the crowd as Surly Brewing Co. broke ground on its new $20 million taproom in Southeast Minneapolis Tuesday, Oct.29, 2013. (AP Photo/The Star Tribune, Joel Koyama) MANDATORY CREDIT; ST. PAUL PIONEER PRESS OUT; MAGS OUT;...

Sharpton, Barneys NY CEO discuss racial profiling

October 29, 2013 • BusinessComments (0)

The Rev. Al Sharpton, left, meets with Mark Lee, center, CEO of Barneys New York, Tuesday, Oct. 29, 2013, at the National Action Headquarters in New York with store officials, community leaders and local politicians to discuss allegations of racial profiling...

Parents still turn to troubled-youth ranches

October 29, 2013 • BusinessComments (0)

This Friday, Oct. 11, 2013 photo shows a sign and mailbox at the Tierra Blanca Ranch, a facility for troubled youths near Hilsboro, N.M. There are few options for parents with troubled youths, and in that vacuum, a relatively unregulated, off-the-grid...

Health policy cancellations: New blow for admin.

October 29, 2013 • BusinessComments (0)

Marilyn Tavenner, the administrator of the Centers for Medicare and Medicaid Services, testifies on Capitol Hill in Washington, Tuesday, Oct. 29, 2013, before the House Ways and Means Committee hearing on the implementation of the Affordable Care Act....