Gov. Granholm: Create jobs by creating employers; U.S. launches probe into 2010 Prius brake issues
Here is a roundup of the Metro Detroit, Michigan and national business news stories for February 4th.:
Metro Detroit:
• Dearborn Bancorp Inc. regains compliance with Nasdaq rules - Crain's Detroit Business
• GM, NASA team up for robot - Detroit Free Press
• Gov. Granholm: Create jobs by creating employers - Associated Press
• Oakland County Executive L. Brooks Patterson touts budget balancing, new goals in State of the County address - MLive.com
Michigan:
• Metabolic Solutions CEO: New 'trees' growing in Michigan life sciences - Business Review West Michigan
• Construction industry watches school bond proposals in tough economy - Business Review West
• Hangar42 Studios opens in Walker to support burgeoning film production business - Grand Rapids Press
• Holland approves acquisition of additional land for LG Chem lithium-ion battery - Grand Rapids Press
U.S.:
• Toyota estimates recall, repairs to cost $1.1 billion - Detroit Free Press
• U.S. launches probe into 2010 Prius brake issues - Detroit Free Press
• Government-owned GMAC loses $5 billion in fourth quarter - Associated Press
• Stocks, Metals Plunge as Dollar Gains on Debt, Jobs Concerns - Bloomberg.com
• Productivity in U.S. Climbed 6.2%, Labor Costs Fell - Bloomberg.com