Archive for September 21st, 2009

Obama talks economy, visits ‘Letterman’ on Monday (AP)

President Barack Obama starts the week in New York, where he’ll continue his health-care media blitz with another TV appearance.

No Comments

Hunger hits Detroit (CNNMoney.com)

On a side street in an old industrial neighborhood, a delivery man stacks a dolly of goods outside a store. Ten feet away stands another man clad in military fatigues, combat boots and what appears to be a flak jacket.

No Comments

US stocks look to fall at open after run-up (AP)

U.S. stock futures are signaling a lower opening Monday on Wall Street as markets around the globe fell, pausing from a recent surge.

No Comments

Detroit’s jobless economy: Start-ups take root (CNNMoney.com)

In Detroit, a city with rampant unemployment, big crowds in the middle of the day may mean someone is giving out freebies. But on a recent workday, over 450 people packed an auditorium downtown.

No Comments

Investors Brushing off Key Lessons from Financial Crisis (Business Wire)

NEW YORK—-Allianz Global Investors

No Comments

Medtronic, Inc. Launches Innovative Cement Delivery System for KYPHON® Balloon Kyphoplasty (Business Wire)

MINNEAPOLIS—-Medtronic, Inc. , today announced the full U.S. launch of the KYPHON Cement Delivery System , adding an innovative bone cement delivery option to its extensive KYPHON Balloon Kyphoplasty product portfolio for the treatment of vertebral compression fractures .

No Comments

Stopping Detroit’s brain drain (CNNMoney.com)

Three years ago, with a freshly-minted law degree, Connecticut native Tom Northrop started job hunting in Detroit.

No Comments

SAIC gets Navy contract valued at $26 million (AP)

Science Applications International Corp. said Monday it received a contract from the U.S. Navy valued at more than $26 million.

No Comments

The city’s business prospector (CNNMoney.com)

It’s Brian Holdwick’s job to bring new businesses to Detroit. No easy task when nearly one out of every three Detroiters is now out of work.

No Comments

Ahead of the Bell: Reliance Steel & Aluminum (AP)

Improving demand for steel and aluminum plus signs that the economy is improving led an analyst Monday to upgrade shares of Reliance Steel & Aluminum Co.

No Comments