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Here is a roundup of business news reported so far on Thursday, Jan. 28.

Metro Detroit

Ford reports $2.7 billion profit for 2009, its first since 2005, Detroit Free Press

Toyota recall: Camry red flag raised in 2004, Detroit Free Press

Recall cuts stock price of Toyota, suppliers, Detroit Free Press

Ford halts some vehicle production in China, Detroit Free Press

Michigan in U.S. top 5 for layoffs, Detroit News

Flagstar Bancorp Inc. raises $300 million in stock offering, Crain's Detroit Business

MICHIGAN

Follow AnnArbor.com's coverage of the Borders layoffs

State begins $30 million 2nd phase of alternative energy grant program, Crain's Detroit Business

President Obama to announce $40M to Michigan for high-speed rail project, far short of request, MLive.com

Great Lakes Bay Region given priority to tap wind energy, Saginaw News

AirTran to begin flights out of Grand Rapids, airfare price competition expected, Grand Rapids Press

NATION

Las Vegas: Most foreclosures of any city in 2009, CNN Money

America's most overvalued cities, CNN Money

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