Here is a roundup of the Metro Detroit, Michigan and national business news stories for February 5:

Metro Detroit:

• Legislation approved for city of Detroit’s $250 million bond sale - Crain's Detroit Business

• American Axle posts net income of $48.5 million for 4Q - Crain's Detroit Business

• Detroit OKs Greektown Casino deal - Detroit News

• GM drops plan to move hundreds of workers from RenCen - Detroit Free Press

Michigan:

• Fisker Automotive to close Pontiac office, transfer employees to California - Crain's Detroit Business

• Study: National ‘Pure Michigan’ campaign generated strong return in 2009 - Business Review West Michigan

• Kellogg fourth quarter profit slips, but company raises 2010 outlook - Associated Press

• Report takes aim at film-tax incentives, backers say more time needed to judge Michigan's effort - Business Review West Michigan

U.S.: • January unemployment drops to 9.7% - Detroit News

• Stocks are mixed as unemployment rate drops - Detroit News

• Toyota chief apologizes, promises to raise quality - Associated Press

• Toyota unlikely to halt Prius sales if recall occurs - Detroit Free Press

• HealthCalls: U of M, Harvard study says lower copays could lower medical costs - Business Review West Michigan