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  • Bernero: State-Owned Bank Needed

    (Grand Rapids, MI)  --  Lansing Mayor and Democratic gubernatorial candidate Virgil Bernero is pushing the idea of creating a state-owned bank.  Bernero said this week it would be a lending "backstop" and be used to help ease the current credit crunch.  He said his idea is ... More

  • Cox Unveils Top Ten Consumer Complaints

    (Lansing, MI)  --  Credit and financial concerns top the list of the Top Ten Consumer Complaints in Michigan for 2009.  Attorney General Mike Cox said given the depth of the recession in the state, those concerns did not surprise him to come out on top.  Also ... More

  • Kilpatrick Returns To Court Today

    (Detroit, MI)  --  Ex-Detroit mayor Kwame Kilpatrick is due back in Wayne County Circuit Court for a hearing this morning.  Earlier this week, Kilpatrick's attorneys made a motion to have Judge David Groner removed from his upcoming probation violation case.  Judge Timothy Kenny is evaluating ... More

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  Top Stories in National

  • Children turn to inhaling to get high

    WASHINGTON (Reuters) - More 12-year-olds in the United States admit to using potentially deadly inhalants to get high than have used marijuana, cocaine and hallucinogens combined, U.S. health officials said on Thursday. Among this age group, alcohol was the only intoxicating substance used more than ... More

  • Sushi chef, restaurant charged with serving endangered whale

    WASHINGTON (Reuters) - A California sushi chef and the restaurant in which he worked have been charged with illegally serving meat from an endangered Sei whale, the Justice Department said on Thursday. Kiyoshiro Yamamoto, 45, and the parent company of the popular restaurant The Hump in ... More

  • Ex-policeman pleads guilty in Katrina killing case

    WASHINGTON (Reuters) - A former New Orleans police detective who now works as a U.S. immigration agent has pleaded guilty to helping cover up the shooting deaths of two people by police days after Hurricane Katrina, the Justice Department said on Thursday. Jeffrey Lehrmann, 38 ... More

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  Top Stories in World

  • Billionaire Pinera takes power in Chile

    SANTIAGO (Reuters) - As the ground shook and buildings swayed, conservative billionaire Sebastian Pinera took office as Chile's president on Thursday, tasked with rebuilding after a massive earthquake killed hundreds just 12 days ago. A series of strong aftershocks rattled central Chile minutes before Pinera ... More

  • Obama presses China on currency in trade speech

    WASHINGTON (Reuters) - President Barack Obama pressed China on Thursday to move to a "more market-oriented exchange rate" in a speech where he laid out a plan to boost U.S. exports in the coming years. "As I've said before, China moving to a more ... More

  • Big majority in U.S. wants Wall Street regulation

    WASHINGTON (Reuters) - An overwhelming majority of Americans wants Wall Street subjected to tougher regulation in the aftermath of the bank bailout and the bonus scandals that have rocked the U.S. financial sector, according to a Harris poll released on Thursday. The findings suggest that ... More

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  Top Stories in Politics

  • White House optimistic of passing financial reform

    WASHINGTON (Reuters) - The White House said on Thursday it was optimistic Congress would pass financial regulatory reform this year despite the collapse of Senate talks aimed at producing bipartisan legislation on the issue. White House spokesman Robert Gibbs said he didn't believe lawmakers would ... More

  • Reid says will use "reconciliation" on healthcare

    WASHINGTON (Reuters) - Senate Democratic leader Harry Reid formally notified Republicans on Thursday that he will attempt to pass the final changes to a healthcare overhaul through the budget process of reconciliation. The process, used in the past by Republicans, requires only a simple majority in ... More

  • Geithner will work with Dodd on financial reform

    WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner on Thursday praised Senate Banking Committee Chairman Christopher Dodd for his work on financial reform and pledged to work with him on a bid to overhaul banking rules. Geithner issued a statement not long after Dodd confirmed that a ... More

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  Top Stories in Business

  • BofA retirement business winning clients: CEO

    CHARLOTTE, North Carolina (Reuters) - Bank of America Corp's <BAC.N> push into the competitive realm of managing retirement assets is paying early dividends. The bank's retirement business is winning more 401(k) plan business from its large corporate clients in a major initiative ... More

  • Fed seen keeping "extended period" low rate vow

    WASHINGTON (Reuters) - Lingering U.S. labor market weakness and nagging doubts about the solidity of the economic recovery are expected to keep the Federal Reserve committed to holding borrowing costs very low for a long time at a monetary policy meeting next week. The Fed ... More

  • Citigroup sees return to sustained profitability

    NEW YORK (Reuters) - Citigroup Inc <C.N> Chief Executive Vikram Pandit told investors on Thursday that the bank is on track to return to sustained profitability, and that losses from some of its worst assets should be manageable if the economy does not deteriorate. The ... More

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  Top Stories in Entertainment

  • Betty White set to host "Saturday Night Live"

    LOS ANGELES (Reuters) - After weeks of speculation, octogenarian actress and "Golden Girl" Betty White is taking her motherly brand of humor to sketch comedy show "Saturday Night Live," the show's producers said on Thursday. White, 88, is a six-time winner of the top U ... More

  • O'Brien shakes off "Tonight Show," hits the road

    NEW YORK (Reuters) - Former late-night talk show host Conan O'Brien on Thursday unveiled plans to poke fun at being barred from television in a live comedy show that will tour U.S. and Canadian theaters starting next month. The 30-city tour, titled "Legally Prohibited ... More

  • Pink Floyd wins UK court battle with EMI label

    By Mike Collett-White LONDON (Reuters) - British rock band Pink Floyd won its court battle with EMI on Thursday with a ruling that prevents the record company from selling single downloads on the Internet from the group's concept albums. The outcome of a dispute over ... More

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  Top Stories in Health

  • Children turn to inhaling to get high

    WASHINGTON (Reuters) - More 12-year-olds in the United States admit to using potentially deadly inhalants to get high than have used marijuana, cocaine and hallucinogens combined, U.S. health officials said on Thursday. Among this age group, alcohol was the only intoxicating substance used more than ... More

  • Scientists find "mother" of all skin cells

    LONDON (Reuters) - Scientists have found the "mother," or origin, of all skin cells and say their discovery could dramatically improve skin treatments for victims of serious wounds and burns. Hans Clevers and a team of Dutch and Swedish researchers conducted a study in mice and ... More

  • Do needle-exchange programs really work?

    NEW YORK (Reuters Health) - Needle-exchange programs designed to cut injection drug users' risk of HIV, the virus that causes AIDS, and other infections do seem to reduce needle sharing, but there is only limited evidence that they lower disease transmission, a new research review concludes ... More

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  Top Stories in Science

  • Scientists find "mother" of all skin cells

    LONDON (Reuters) - Scientists have found the "mother," or origin, of all skin cells and say their discovery could dramatically improve skin treatments for victims of serious wounds and burns. Hans Clevers and a team of Dutch and Swedish researchers conducted a study in mice and ... More

  • "Personal" study shows gene maps can spot disease

    WASHINGTON (Reuters) - Two studies published on Wednesday show it is possible to sequence the entire gene maps of families with inherited diseases and pinpoint the offending bit of DNA. The studies, which would not have been possible a year or two ago, are the first ... More

  • SpaceX aborts rocket engine test

    CAPE CANAVERAL, Florida (Reuters) - Space Exploration Technologies aborted a test firing of its Falcon 9 rocket on Tuesday, in what was to be a key milestone in its quest to fly cargo -- and eventually astronauts -- to the International Space Station. The test was aborted two ... More

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  Top Stories in Technology

  • Digital mirror: fashion brands convey glamour online

    By Marie-Louise Gumuchian MILAN (Reuters) - With videos of catwalk shows, pictures of glamorous models and a catalog of chic products, luxury brands are creating "digital mirrors" online as they turn to the internet to tap into growing e-commerce demand. The traditional print advert in a ... More

  • Virgin Media to trial broadband over telegraph poles

    LONDON (Reuters) - British cable operator Virgin Media is testing a new technology to deliver ultrafast broadband over telegraph poles which could allow it to extend its reach to another 1 million homes. Virgin, which is looking to cement its advantage in delivering faster broadband over ... More

  • Opera rolls out mobile browser for Android

    HELSINKI (Reuters) - Opera Software unveiled on Thursday a version of its Mini mobile browser for use on cellphones running on Google's Android software. Opera Mini is the world's most widely used browser on cellphones, ahead of Apple's iPhone browser, as Opera benefits ... More

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  Top Stories in Sports

  • Ex-Mets Lenny Dykstra wants bankruptcy case dismissed

    NEW YORK (Reuters) - Lenny Dykstra, the former star baseball center fielder, has asked a federal judge to dismiss his bankruptcy case. In a filing last week, the 47-year-old Dykstra said he would do a better job satisfying creditors' claims than the court-appointed trustee, whom he ... More

  • USF1 could face sanctions for absence

    MANAMA (Reuters) - Formula One's governing body left the door open to sanctions against the USF1 team on Thursday for their non-participation in this year's championship. The North Carolina-based operation were due to enter as one of four all-new teams but admitted failure last ... More

  • Schumacher is the best, says Alonso

    MANAMA (Reuters) - Michael Schumacher was mobbed by the media and welcomed back by fellow champions on his return to the Formula One paddock on Thursday in search of an unprecedented eighth title. "If you see the world championships that Michael has, its something I think ... More

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