Oct 2nd, 2012 - International News
BERLIN (AP) — A leading German economic thinktank is lowering its growth forecasts for the country this year and next in light of the debt problems afflicting a number of euro countries.
The German Institute for Economic Research says it expects Europe's biggest economy to grow 0.9 percent in 2012 and 1.6 percent in 2013. Both are down on the previous predictions of 1 percent growth this year and 1.9 percent next.
It says "the headwinds are continuing, production and new orders are weakening, and even in the labor market the situation has deteriorated somewhat."
Still, Germany has weathered the crisis better than most European nations, and DIW is not predicting any quarters of negative growth.
The IMF in July predicted 1 percent growth this year and 1.4 percent in 2013.
May 20th, 2013 - Local News
— AAA Michigan says gasoline prices have risen about 10 cents during the past week to a statewide average of about $3.88 per gallon.
The auto club says Monday the average is about 13 cents per ga...
May 16th, 2013 - Local News
— An event featuring President George W. Bush has raised $400,000 to support the West Michigan Aviation Academy.
Bush spoke Wednesday to a crowd of roughly 900 during the second annual Leaders of...
May 20th, 2013 - State News
Law enforcement officials across Michigan will be enforcing federally funded safety belt enforcement zones through the coming Memorial Day travel weekend.
Safety belt enforcement is to be the topi...
May 16th, 2013 - State News
— The average electric customer of Consumers Energy will start paying $1.67 more per month.
The $89 million rate increase was approved Wednesday by state regulators. It's less than a $110 million...
May 20th, 2013 - National News
SHAWNEE, Okla. (AP) — An Oklahoma sheriff is crediting early warnings for a low death toll during a tornado outbreak that ravaged the Plains and Midwest.
Authorities say a 79-year-old man died Su...
May 16th, 2013 - National News
— Parts of North Texas have been slammed by tornadoes with at least six people killed.
The spring tornado outbreak destroyed or damaged dozens of homes and injured dozens of people. Officials say...
May 20th, 2013 - International News
— South Korea says North Korea has fired a short-range projectile into its own eastern waters — for the fifth time in three days.
Pyongyang regularly conducts short-range missile tests. Analyst...
May 16th, 2013 - International News
— NATO says two of its service members and four civilian contractors were killed when a suicide car bomber struck a convoy belonging to the military alliance in the Afghan capital today.
May 20th, 2013 - Sports News
— David Murphy put Texas ahead with a three-run home run, and the Rangers spoiled a three-homer game from Miguel Cabrera with an 11-8 victory against the Detroit Tigers on Sunday night.
May 16th, 2013 - Sports News
— Johnny Oduya and Marcus Kruger scored in the third period, Corey Crawford made 20 saves and the Chicago Blackhawks beat the Detroit Red Wings 4-1 in the opener of their second-round playoff serie...
Apr 30th, 2013 - Health News
— Looking for a new way to get that jolt of caffeine energy? Food companies are betting snacks like potato chips, jelly beans and gum with a caffeinated kick could be just the answer.
The Food an...
Apr 1st, 2013 - Health News
WASHINGTON (AP) — The Food and Drug Administration says it has approved a first-of-a-kind diabetes drug from Johnson & Johnson that uses a new method to lower blood sugar.
The agency cleared J&J'...