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Michigan's budget will pass on time, lawmakers say

Michigan's legislative leadership is expected to reach a consensus on next year's budget at any moment, a sign the budget should be resolved by the Sept.

Himes: 'If this is an Election on the Issues, I'll Win in a Landslide''

Cloudy early, then off and on rain showers for the afternoon. High around 80F. SE winds shifting to NE at 10 to 15 mph.

Obama administration official addresses LGBT elders in Chicago

Doctor Howard Koh, assistant secretary for health at the U.S. Department of Health and Human Services, spoke to LGBT seniors at the Center on Halsted in Chicago on Tuesday, Aug.

Accenture, Cisco and Sun Still Face Kickbacks Charges

After recent settlements by Hewlett-Packard and EMC in a long-standing government contracting fraud case, three major IT and consulting companies are still embroiled in lawsuits brought by two former insiders.

Friday Morning Roundup: How Many Jobs Did We Lose in August?

At 8:30 a.m., the Department of Labor tells us just how many jobs we as a nation lost in August.

Employment numbers better than predicted for August

Here's the relatively good news just posted by the U.S. Department of Labor: Nonfarm payroll employment changed little -- down just 54,000 jobs in August, and the unemployment rate was about unchanged at 9.6 percent.

Bayer Chief Says Company Continues to Work to Restore Trust

Citing what he called a "deficit of trust" following an explosion two years ago at the Bayer Corp Science plant in Institute, Gregory S. Babe, the president and CEO of Bayer Corp.

For energy wasters, first utility bill can be surprise

Dear Action Line: My son and daughter-in-law moved into their first little house and apparently have no clue about the cost of natural gas and electricity - such as running their AC with the patio doors wide open, etc.

Sierra Club sues east Texas coal-fired power plant

The Sierra Club has filed a federal lawsuit against the owner of an east Texas coal-fired power plant.

BlueLinx largest shareholder to attempt takeover

Cerberus ABP Investors, an affiliate of Cerberus Capital Management, has announced in a July 22 filing with the Securities and Exchange Commission that it intends to make a tender offer for all of the outstanding publicly held shares of BlueLinx Holdings Inc.

SEC charges Pinnacle Capital with anti-money laundering rule violation

The company faces $25,000 in financial penalties. The US Securities and Exchange Commission has charged Pinnacle Capital Markets with failing to comply with an anti-money laundering rule.

SEC requires advisers to muni issuers to register

Financial advisers to states, cities, school districts and other issuers in the U.S. municipal bond market must register with the Securities and Exchange Commission by Oct.