MICHIGAN

General Motors

U.S. judge to approve plan that pays GM creditors

A federal judge said on Thursday he would approve the bankruptcy plan for Old GM, wrapping up one of the most complex Chapter 11 cases in U.S. history and paving the way for a distribution of General Motors stock and warrants to creditors.
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Microcomputer fitting into your eye down the lane

A microcomputer that may fit in your eye

Researchers have developed what is believed to be the first complete millimeter-scale computing system, designed to be implanted into the human eye to track the progress of glaucoma, a potentially blinding disorder.
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Weekahead: Housing, GDP data in focus

Investors are likely to focus on major economic data to be released during the week to gauge the strength of recovery in the world’s largest economy. The main focus will be housing and economic activity, while rising Middle East tensions are expected to weigh on markets.
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Michigan governor seeks budget cuts, new business tax

Michigan Governor Rich Snyder on Thursday unveiled a plan that includes $1.8 billion in budget cuts and seeks to replace the state's business tax with a flat 6 percent corporate income tax.
Top Indian tech firms to hire local US talent

Top Indian tech firms to hire local US talent

Indian technology companies are now looking to hire fresh engineering graduates from American universities, as stringent immigration norms and high unemployment in the US make local hiring attractive, said a media report.
General Motors auto assembly workers lower an engine onto the chassis for Chevrolet Silverados and GMC Sierra pickup trucks at the Flint Assembly in Flint, Michigan

GM set to pay hourly workers at least $4,000 bonus

General Motors Co (GM.N) will pay its 45,000 hourly workers in the United States a bonus of at least $4,000 each, the automaker said on Monday. The average employee payout will be finalized by the end of February. The payments will be doled out on March 25, a company spokeswoman said.
Internet slowly kills traditional bookstores

Borders Files for Bankruptcy; Stock Plunges 25 pct

The second largest U.S. bookstore chain Borders Group Inc. (NYSE: BGP) filed for Chapter 11 bankruptcy protection as its book sales started sinking in 2008, 2009, and in each quarter of 2010 even after management changes, job cuts and debt restructuring.
 Obama plans 4G for 98% American household by 2016

Obama plans 4G for 98% American households by 2016

The United States plans to build high-speed 4G wireless services network and make it available to at least 98 percent of Americans households by 2016, President Barrack Obama said during a speech at Northern Michigan University in Marquette, Michigan.
Google Doodle on Thomas Edison's 164th Birthday

Thomas Edison's Electric Bulb Lights on Google Doodle

For the first time, Google Inc. is celebrating American inventor Thomas Alva Edison's 164th birthday on February 11 with a new still moving doodle logo on its classic homepage featuring some of his best inventions.

Lawmakers try again for China yuan bill

A bipartisan group of 101 lawmakers in the House of Representatives launched a new bid on Thursday to pass legislation aimed at pressuring China to let its yuan currency rise in value.
An Apple staff demonstrates a new Verizon iPhone 4 at Verizon's iPhone 4 launch event in New York

Obama to lay out plan for wireless Internet expansion

President Barack Obama will outline his plan on Thursday for expanding high speed wireless Internet service to 98 percent of Americans while reducing the U.S. deficit by $9.6 billion over the next 10 years.

Obama Details Plan For Wider Broadband Access

President Barack Obama will unveil his plans to expand high-speed wireless service to at least 98 percent of Americans within five years, while reducing the U.S. deficit by about $10 billion over the next decade.
Chicago: 23.4%

Massive winter storm punches U.S. Midwest, Northeast

A huge winter storm pummelled the United States on Wednesday, bringing parts of the Midwest to a standstill, delivering a wintry blow to the Northeast, and disrupting businesses, flights and other transport.

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