Wednesday, June 19, 2013 10:55 PM EST

Michigan

The State of Michigan is located in the Great Lakes Region of the United States of America. The name Michigan is a French adaptation of the Ojibwe word mishigama, meaning "large water" or "large lake". Michigan is the eighth most populous state in the United States. It has the longest freshwater shoreline of any political subdivision in the world, being bounded by four of the five Great Lakes, plus Lake Saint Clair.

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A logo of a Ford car is pictured during a press presentation prior to the Essen Motor Show in Essen November 30, 2012.
Ford Looks to Ride Mini-SUV Boom in India

By Reuters

Ford Motor Co (F.N) began shipping its locally-made EcoSport compact SUV on Monday, hoping to share in growing demand in India for mini-sport utility vehicles, which are popular due to heavy traffic, scarce parking and bumpy roads. (Jun 18)

MORE TOPICS: CHINA, GENERAL MOTORS, THAILAND, RUSSIA, INDIA, EMERGING MARKETS

Big investor urges Smithfield breakup over buyout

By Reuters

Starboard Value LP revealed a major stake in Smithfield Foods Inc on Monday and urged the world's largest pork producer to explore a breakup rather than go ahead with a planned $4.7 billion takeover by Chinese meat company Shuanghui International. (Jun 18)

MORE TOPICS: CHINA, PROXY FIGHT, NEW YORK

Are You One of the Market Elites?

By The Daily Reckoning Australia

Before we get to the wonderful world of investing, it's important to set the scene. Make yourself a cup of hot chocolate, sit down and get ready for your blood to boil. You're about to find out how financial markets really work. (Jun 17)

MORE TOPICS: GOLD, AUSTRALIA, SILVER

Asian shares track Wall St lower as Fed meeting looms

By Reuters

Asian shares inched lower and the dollar remained defensive on Monday as investors settled in to wait for the U.S. Federal Reserve meeting outcome later in the week - and some long-awaited clarity on its intentions for monetary stimulus. (Jun 17)

MORE TOPICS: FEDERAL RESERVE, BARCLAYS, JAPAN, BANK OF JAPAN

Detroit defaults on some debt to avoid bankruptcy filing

By Reuters

Detroit defaulted on some debt on Friday and proposed that creditors take a drastic cut in the money they are owed by the "insolvent" city in order to avoid the largest municipal bankruptcy filing in U.S. history. (Jun 15)

MORE TOPICS: NEW YORK, LAW FIRM

Detroit manager proposes big payment cuts to creditors

By Reuters

Emergency manager Kevyn Orr said Detroit will stop making payments on some debt, including one scheduled on Friday, and proposed debt holders take a drastic cut in the money they are owed to stave off the largest municipal bankruptcy filing in U.S. history. (Jun 15)

MORE TOPICS: NEW YORK, LAW FIRM

Detroit manager proposes sweeping payment cuts to creditors

By Reuters

Emergency manager Kevyn Orr said Detroit will stop making payments on some debt, including one scheduled on Friday, and proposed debt holders take a drastic cut in the money they are owed to stave off the largest municipal bankruptcy filing in U.S. history. (Jun 15)

MORE TOPICS: NEW YORK, LAW FIRM

Retail sales, jobs data show underlying economic strength

By Reuters

Retail sales rose more than expected in May and first-time applications for jobless benefits fell last week, showing signs of resilience in the economy despite belt-tightening in Washington. (Jun 14)

MORE TOPICS: FEDERAL RESERVE, UNEMPLOYMENT, MANUFACTURING, RETAIL SALES, RETAIL, NEW YORK

U.S. retail sales, jobs data show underlying economic strength

By Reuters UK

U.S. retail sales rose more than expected in May and first-time applications for jobless benefits fell last week, showing signs of resilience in the economy despite belt-tightening in Washington. (Jun 14)

MORE TOPICS: FEDERAL RESERVE, UNEMPLOYMENT, MANUFACTURING, RETAIL SALES, RETAIL, NEW YORK

GM targets investment grade rating 'within the year'

By Reuters

General Motors Co <GM.N> on Wednesday said it is targeting an investment grade credit rating "within the year" as the automaker works to distance itself from the stigma of its 2009 bankruptcy. (Jun 13)

MORE TOPICS: CHINA, GENERAL MOTORS, INVESTMENT