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Snyder: Don’t train students for unneeded jobs

December 2, 2011 • BusinessComments Off

Gov. Rick Snyder addresses an audience at Delta College to announce his talent initiative on Thursday, Dec. 1, 2011 Snyder unveiled a new website Pure Michigan Talent Connect as part of his workforce talent initiative. (AP Photo/The Saginaw News, Brittney Lohmiller) UNIVERSITY CENTER, Mich. (AP) — Gov. Rick Snyder says Michigan’s community colleges,...

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Detroit mayor: Move for state takeover premature

December 2, 2011 • BusinessComments Off

Mayor Dave Bing, religious leaders, labor and Detroit City Council members stand in solidarity at the Coleman A. Young Municipal Building, Thursday, Dec. 1, 2011. Bing had sharp criticism for an expected state review of the city’s troubled finances,...

Sarkozy calls for treaty to save euro

December 2, 2011 • BusinessComments Off

French President Nicolas Sarkozy delivers his speech, in Toulon, southern France, Thursday, Dec. 1, 2011. The leaders of France and Germany will meet next week and plan to push for fundamental changes to the European treaty governing the currency shared by 17...

Has US learned the lesson of Enron 10 years later?

December 2, 2011 • BusinessComments Off

FILE – In this June 20, 2005 file photo, former Adelphia Communications Corp. CEO John Rigas speaks to the media following his sentencing outside Manhattan federal court, in New York. Rigas, revered for turning a $300 purchase of a small Pennsylvania...

Stocks waver, a day after biggest rally in 2 years

December 2, 2011 • BusinessComments Off

In this Nov. 30, 2011 photo, trader Luigi Muccitelli, left, works on the floor of the New York Stock Exchange. A rally on global markets stalled Thursday, Dec. 1, 2011, as euphoria over major central banks’ coordinated cut to borrowing costs wore off...

After raids, Wall Street protesters shift tactics

December 1, 2011 • BusinessComments Off

Los Angeles Police inspect a tent with guns that fire rubber bullets at the Occupy Los Angeles encampment at Los Angeles city hall early Wednesday morning, Nov. 30, 2011. Police in Los Angeles and Philadelphia stormed Occupy Wall Street encampments in both...

Want a toy with that Happy Meal? 10 cents please

December 1, 2011 • BusinessComments Off

FILE – In this Nov. 8, 2010 file photo, a Happy Meal is seen at a McDonald’s restaurant in San Francisco. McDonald’s restaurants in San Francisco found a way to comply with a city law that bans free toy giveaways with Happy Meals: charge 10...

Slowdown sparks scramble to shore up China growth

December 1, 2011 • BusinessComments Off

Workers in late afternoon sun walk on the scaffoldings surrounding a newly completed building at the Central Business District in Beijing, China, Monday, Nov. 28, 2011. A top Chinese economics official pledged strong government support Sunday for the...

Asian stocks soar on joint central bank action

December 1, 2011 • BusinessComments Off

Specialist Gregg Maloney, right, works on the floor of the New York Stock Exchange Wednesday, Nov. 30, 2011. A move by the world’s central banks to lower the cost of borrowing exhilarated investors Wednesday, sending the Dow Jones industrial average soaring...

Action Comics 1 sells for $2.16 million in auction

December 1, 2011 • BusinessComments Off

In this image released by Metropolis Collectibles/ComicConnect, Corp., the cover of copy of “Action Comics No. 1″ is shown. The issue, featuring the first appearance of Superman, sold for $2,161,000 at an online auction ending Wednesday, Nov. 30,...