NASA to investigate Toyota problems, Ford pledges bonuses
Here's a collection of the Metro Detroit, Michigan and national business news stories today:
Metro Detroit: • Detroit Free Press: Obama administration, NASA continue probe of Toyota acceleration issues • Detroit Free Press: Ford pledges salaried bonuses, union retiree fund to cash in from stock rights • Detroit Free Press: Metro Detroit home prices down 28% since 2000 • Detroit Free Press: UAW membership sinks to post-WWII low
Michigan: • Business Review West Michigan: Momentum selects the five tech startups for this year's program • Grand Rapids Press: Benteler Automotive in Grand Rapids will build parts for 2011 Ford Focus
U.S.: • New York Times: U.S. Home prices inch up, but worries remain • USA Today: Stock market: Stocks waver after upbeat economic data