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Posted on Thu, Jul 8, 2010 : 11:32 a.m.

Animators, video game makers drawn to Michigan; Michigan institutes rate well as places for researchers to work

By Ann Dwyer

Here is a roundup of business news occurring in Metro Detroit, Michigan and around the Nation on Thursday, July 8.

Super_Kmart.jpg

What went wrong with Kmart? Find out here.

Photo courtesy en.wikipedia user Caldorwards4

Metro Detroit • Macho minivan? Chrysler reportedly prepping 'man van' based on Dodge Grand Caravan - MLive.com • Polyester Palace: The Downfall of Kmart - dbusiness.com • L. Brooks Patterson: Oakland County property values to continue decline - The Associated Press • MSU, UM, WSU join forces for summer film institute - The Detroit News

Michigan • Small business hurt by tight credit - Detroit Free Press • Animators, video game makers drawn to Michigan • Web and social media change hotel ratings game - The Detroit News • Kroger works to lure more fuel sales - The Detroit News • Becoming a leader: Michigan institutes rate well as places for researchers to work - Business Review West Michigan

National • Stocks climb after jobless claims drop sharply - The Associated Press • U.S. 30-Year Mortgage Rates Decline to Record 4.57% - Bloomberg.com • Apple Making New Push Into China - The New York Times • Many U.S. Retailers Report Sluggish June Sales - The Associated Press