Damian J. Troise and Sarah Skidmore Sell Associated Press Published 11:42 p.m. UTC Aug 1, 2018 The price of a can of Coca-Cola? Likely going up. A package of Pampers? That, too. Plane tickets? They also may be more expensive. These items and more may cost more in the coming months as people start feeling the effects of higher fuel prices and raw-material costs as well as a range of tariffs. Janette Hendricks said she has noticed higher prices on “just about everything” in the past three months or so. That’s put a little pressure on the recently retired nurse in Washington. So she goes shopping less often, “makes things stretch,” and she always shops for things on sale. She said she has also considered going back to work to have more cushion in the budget. “The economy is doing great, so why is everyone doing so poorly?” she asked. The consumer price index, the government’s primary measure of inflation, rose 2.9 percent in June from … [Read more...] about Inflation, gas prices, tariffs squeeze consumers
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John Gallagher Detroit Free Press Published 8:56 p.m. UTC May 30, 2018 MACKINAC ISLAND — Why can't Michigan solve the biggest problems anymore? Despite the champagne and celebratory mood here at the annual Mackinac Policy Conference, that downbeat question hovers in the background of every panel discussion and speech. Think about it. In the 20th Century, Michigan succeeded at the biggest of big tasks, putting the world on wheels, serving as the Arsenal of Democracy in World War II, welcoming hundreds of thousands of immigrants from the Deep South and around the world and giving them good jobs and homes and making them middle-class citizens. At the same time Michigan produced cultural marvels — Motown Music, great architecture by designers like Eero Saarinen and Minoru Yamasaki, iconic furniture designs by companies like Herman Miller and Steelcase. That's in the past. Today, Michigan can't even fix its potholes. Festering problems go unresolved, … [Read more...] about Why can’t Michigan solve the biggest problems like it once did?
Share This Story! Let friends in your social network know what you are reading about Facebook Email Twitter Google+ LinkedIn Pinterest I've decided to go carless in Detroit — and it's liberating With rising car insurance and parking rates, plus crappy roads, why own a car with decent alternatives now in Detroit? Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. Join the Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Randy Essex, Detroit Free Press Published 7:00 a.m. ET May 19, 2018 CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Can you go motorless in the Motor City? By choice? My wife and I, as downtown Detroit residents, are about to find out. This wouldn’t work for everyone and it would have been extremely difficult just a few years ago, but for the growing number of empty nesters and pre-nesters … [Read more...] about I’ve decided to go carless in Detroit — and it’s liberating
The biennial event that gets the automotive industry all revved up – the Auto Expo Motor Show and the Components Show – is set to open next week. First organised in 1986, the big-ticket event has arrived into its 14th edition.The exposition, which is segregated between the Motor Show and the Auto Components Show, in terms of two different venues, will bear an overall theme of 'Mobility For All’.The main Motor Show will take place at the India Expo Mart in Greater Noida, and will see participation by 51 vehicle manufacturers, showcasing their products and technologies across 14 halls, spread over an area of over 74,000 square feet. The event will see 24 product launches and close to 106 unveils in total, over its first two days between February 7 and 8, which are reserved for the media and industry associates.The Auto Components show, on the other hand, will continue to be held at Pragati Maidan, in New Delhi and will see close to 1,200 companies from over 20 countries … [Read more...] about 14th Auto Expo – Motor & Component Shows – set to make news next week
Ontario and Canada are partnering with precision products manufacturer Linamar to advance cutting-edge auto technology, boost R&D and help create up to 1,500 new jobs and retain about 8,000 others in the province. Brad Duguid, Ontario Minister of Economic Development and Growth, and Navdeep Bains, Federal Minister of Innovation, Science and Economic Development, were in Guelph on January 15 to make the announcement.Ontario is providing Linamar with a conditional grant through the Jobs and Prosperity Fund of up to $50 million (Rs 315 crore) as part of a project with overall eligible costs of up to $500 million (Rs 3,158 crore). The project duration is until 2024 with job commitments lasting until 2029. The government of Canada is also providing matching funding towards the project.The investment will help Linamar to manufacture next-generation transmission and drivetrain components and systems; build high-efficiency engine components; develop and produce electrified and … [Read more...] about Linamar looks to scale up with investment from Ontario and Canadian government