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Kansas students win national auto skills contest

June 13, 2012 • BusinessComments Off

This photo provided by Ford/AAA Student Auto Skills shows the Newton High School team, of Newton, Kan., from left, Jedediah Redger, instructor Cory Unruh and Bryce Banks posing with the trophy after taking top honors in the Ford/AAA Student Auto Skills contest Tuesday, June 12, 2012, in Dearborn, Mich. The Newton team competed against students [&hellip...

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New pediatric specialty facility opens in Detroit

June 13, 2012 • BusinessComments Off

Matthew Fitzsimons, 14, trains with robotic legs on the Lokomat partial weight-bearing treadmill in the fitness center during the grand opening of the Children’s Hospital of Michigan Specialty Center Tuesday, June 12, 2012, in Detroit. The five-story...

Questions and answers about Verizon's new plans

June 13, 2012 • BusinessComments Off

Two Verizon workers take orders at a Verizon store in Mountain View, Calif., Tuesday, June 12, 2012. Verizon Wireless, the nation’s largest cellphone company, announced Tuesday that is dropping nearly all of its phone plans in favor of pricing schemes...

Hope for Fed help powers US stocks to big gain

June 13, 2012 • BusinessComments Off

FILE- In this Monday, June 11, 2012, file photo, Trader George Ettinger, left, works on the floor of the New York Stock Exchange. (AP Photo/Richard Drew/File) NEW YORK (AP) — Stocks staged one of their strongest rallies of the year Tuesday, erasing a big...

More than seven in 10 US teens jobless in summer

June 13, 2012 • BusinessComments Off

In this photo taken Thursday, June 7, 2012, Colleen Knaggs, 18, talks at her home in Flagstaff, Ariz. about her fruitless efforts to find a job. Once a rite of passage to adulthood, summer jobs for teens are disappearing. Fewer than 3 in 10 American teenagers...

Apple kicks Google Maps off iPhone, adds Facebook

June 12, 2012 • BusinessComments Off

Apple CEO Tim Cook speaks at the Apple Developers Conference in San Francisco, Monday, June 11, 2012. Apple says it’s introducing a laptop with a super-high resolution “Retina” display, setting a new standard for screen sharpness. The new...

Big US insurers to keep parts of health care law

June 12, 2012 • BusinessComments Off

FILE – This July 16, 2007, file photo, shows the headquarters of UnitedHealth Group Inc. in Minnetonka, Minn. UnitedHealth Group Inc., the nation’s largest health insurer, said Monday, June 11, 2012, it sees some parts of the health care overhaul as...

Spain bank rescue glee morphs into markets rout

June 12, 2012 • BusinessComments Off

Spain’s Economy Minister Luis de Guindos, left and Spain’s Prime Minister Mariano Rajoy talk during a swearing in ceremony for the new governor of the Bank of Spain Luis Maria Linde, unseen, at the Zarzuela Palace in Madrid Monday June 11, 2012....

Mayor: Lawsuit could cause Detroit to go broke

June 12, 2012 • BusinessComments Off

Detroit Mayor Dave Bing, right, speaks before the Detroit City Council in Detroit on Monday June 11, 2012 as Chris Brown, Detroit’s chief operating officer, listens at left. Bing and City Council members held a spirited debate Monday about the...

Relief over Spain bank rescue fades quickly

June 12, 2012 • BusinessComments Off

FILE – In this June 6, 2012 file photo, Wellington Shields’ Theodore Nelson, left, and Knight Capital’s Frank Babino, right, work on the floor of the New York Stock Exchange. U.S. stock futures are following markets higher across the globe...