Euro slides, Recovering economy fuels auto sales
Here's a collection of the Metro Detroit, Michigan and national business news stories today:
Metro Detroit: • Detroit Free Press: Recovering U.S. economy fuels auto sales in April; GM is No. 1 • Detroit News: Impact of United-Continental merger up in air • Detroit News: GE to add 220 more jobs in 2 Michigan cities • Detroit Free Press: NHTSA probes sticky pedal problem in Dodge Caliber
Michigan: • Detroit Free Press: Credit unions launch small-business lending • Muskegon Chronicle: Johnson Technology Inc. investment will bring 90 new industrial jobs
U.S.: • New York Times: Shares slide and euro hits low over debt crisis • USA Today: Oil spill won't hit gasoline prices in the short term • Bloomberg: UBS posts highest quarterly profit in almost 3 years • USA Today: Sallie Mae lowers interest rates on non-federal student loans