


Hummer, the brand of big sport-utility vehicles that became synonymous with the term “gas guzzler,” is being shut down after a deal to sell it to a Chinese manufacturer fell apart, General Motors said Wednesday.
G.M. said only that its planned sale of Hummer to the Sichuan Tengzhong Heavy Industrial Machines Company “cannot be completed,” without giving a reason, but the $150 million deal had been stalled as the companies awaited approval from the Chinese government. G.M. had been trying to sell Hummer for a year, and struck a preliminary deal with Tengzhong last June.
A year after President Barack Obama proposed a plan to clean up the Great Lakes, the government Sunday laid out its plan to improve the ecology of the major bodies of water that support much of U.S. agriculture and industry.Environmental Protection Agency Administrator Lisa Jackson met with governors of states that touch the inland waterways to describe an "action plan" that will focus on eliminating invasive species, cleaning up pollutants, and remediating more than a half million acres of the area's wetlands, she told reporters.
"It's about creating a new standard of care for the Great Lakes system," Jackson said. "Instead of minimizing harm, our new standard of care is to leave the Great Lakes better for the next generation than the condition in which we inherited them."
But in each of those three fatal episodes, the car involved was a 2005 Toyota Camry, a model that the company has indicated is free of the acceleration defects: It has not been recalled for either the sticky pedal or the floor mat interference."This raises a huge red flag," said Clarence Ditlow, director of the Center for Auto Safety.
He and other safety advocates have their own suspicions, aroused by a history of glitchy behavior in the electronics that control Toyota's engines.
"Many unintended accelerations do not appear to be explained by floor mats and sticky pedals," said Rep. Henry A. Waxman (D-Calif.), who is holding the Tuesday hearing on the recalls. "One of the key questions we will ask at the hearing is whether electronic defects could be responsible."
Toyota officials declined to comment on the cases because they are in litigation.
Chris Larson was all but certain the animal with a large, lean body and sloping tail she recently saw prowling near her friend’s Rothbury home was a cougar.Although this is the equivalent of someone in Flint mistaking a carp for a shark, I say keep fighting for what you believe in Chris Larson. Don't let the DNR steal your dreams.Wildlife experts from The Michigan Department of Natural Resources and Environment have another name for the animal Larson spotted on Friday — a large house cat.
“I feel in my heart that this is definitely not a house cat,” Larson said, adding she knows what cougars look like and doesn’t have poor eyesight. “I know what I saw.”
General Motors' Service and Parts Operations World Headquarters is staying put in the township, a decision that will cost Powers Catholic High School a potential new home but save hundreds of white collar jobs here.A GM spokesman told The Flint Journal today that the company has made a final decision to remain in the 345,000-square-foot complex, and Powers said in a news release that officials there will continue to work toward finding a new home."This has been a very difficult six months. We believed we were going to be moving," said John McDonald, a GM spokesman. "Everybody had been working toward that goal."
It was just announced at Power's and at SPO that SPO will not be relocating so the deal is off. Sad day for Powers. When [Principal] Tom [Furnas] made the announcement at school today, I was told he sounded very sad. GM is committing to work with Powers on a solution.
Authorities said a man accused of stealing a car then reporting it stolen remains in custody after telling police he was robbed at gunpoint while trying to buy crack cocaine with a credit card. The Flint Journal said the man reported Thursday night that a 2003 Chevy Malibu had been stolen.
Dear Powers Parents and Friends;
We are acutely aware that there are rumors in the community surrounding the potential relocation of our school and that there is a fair amount of angst in the parent community about lack of communication from us. What we have communicated formerly remains true: we promised that we would give all effort to finding a feasible project and that we would then do our level best to bring that project to fruition.
Sometimes in the past we have allowed ourselves to get carried away in possibilities and hopes and we want this time to be different. At this point I can tell you that Bishop Boyea has signed a purchase agreement for the GM-SPO facility located in Grand Blanc Township off of I-475. The Township amended its zoning ordinances to allow for a high school to operate at that site with a special use permit. Their officials have also expressed a strong desire to work with us.
With this concrete reality in front of us and a short time frame within which to work, the next task is to approach people in the community who have the potential to provide lead cash gifts (as well as pledges) to ensure that we can make it all come together. To that end, a number of receptions are being hosted throughout the community to which we are inviting major donors who can provide a substantial portion of the funds necessary to make the move possible. We have a March 1 deadline to obtain significant support to ensure our success. After this March 1 deadline, we will broaden and continue our capital campaign. We will need the support of our entire community to get to the finish line and look forward to working with you in the near future. If you know of people that should be included in this first, critical phase or would like to discuss your own gift possibilities, please contact either Bill Milne or me.
Please understand that the order in which we are soliciting gifts is recommended protocol. It is not our intention to either exclude or to offend anyone. We will need every individual gift of time, treasure, and talent. It is together that we will achieve our success.
With the hope of opening a new facility in January of 2011, we will need the support of everyone. Please continue to pray that God may guide us in His will and bless us in our efforts.
Sincerely,
Tom Furnas
Principal
Powers Catholic High School wants to move into General Motors' Service and Parts Operations World Headquarters by the end of this year and has asked the township for permission to get started.Just think, Powers wanted Flint Central first, but the Flint school board wasn't interested.
The home at 1143 Woodside Dr., Flint, MI 48503 does indeed have an offer on it at this time due to the low list price. Unfortunately, the City of Flint has witnessed a steep decline in real estate market values over the past 3 years. In the news you hear of a price decline of approx. 10% in values, however, it has been my experience in the City of Flint that homes are worth 50% + less than what they were just 5 years prior. This is due to the high volume of foreclosure listings and sales in the area.
I find that the banks selling their foreclosure listings are pricing them under market value, making other homes around them worth less as well. The home on Woodside was a short sale (meaning the seller is working with the bank to sell for less than what the home is worth) and a majority of sales transactions in the College/Cultural neighborhood are short sales. Homes are no longer worth what they were purchased for originally. It is like putting good money after bad and many clients want to move from a home they owe tremendously more on than what it is worth. Right now, there are no homes in the college/cultural area listed over $179,500.
The home on Woodside is a beautiful home and is priced correctly for this market. Below are some additional homes in that neighborhood and what they are selling for as well as other properties in the City of Flint with similar sq. ft.:
I know it is sad, but this is how the market here is driven. We originally listed this home at $149,900 and progressively lowered the price throughout the months it was listed to get an offer. Many clients are moving away from the City of Flint as the prices of homes in the suburbs have declined as well and are just as affordable as the urban listings. The City of Flint school district does not have a good reputation and I find few clients with children moving to the City who are sending their children to city schools and this plays a major factor as well.
I could ramble on all day about real estate in Genesee County, but I won't. Like everything else in a market driven economy, price decline and incline are cyclical and this is typical. Right now, I do not believe we have hit the price bottom for real estate and experts are saying (and I agree) that it will take the next decade for home values to start rising again. Apart from all of the doom and gloom, homes are selling and now is an excellent time to buy. If one needs to sell their home, it can be done now as well, but it takes some creativity on the part of the seller and Realtor. I do believe the foreclosures will start to dry up in the next few years and the market will be less saturated with them and real estate in general will improve. Working in one of the toughest real estate markets in the county, I can definitely attest to this!