Click On Detroit's Midday Market Report

Click On Detroit's Midday Market Report


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Business Headlines
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SAC Capital pleads not guilty

SAC Capital attorneys entered not guilty pleas to the federal criminal charges
against the hedge fund at the initial hearing in the case Friday morning.



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Canadians paying the coffee forward -- big time

What's in the coffee in Canada? Apparently something that's making a few folks
pretty generous.



MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qbwr.html>

Tech shares lead broad decline

Investors took a step back Friday as they sift through the latest corporate
earnings reports.



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CBO: Cancel spending cuts now, boost economy

The economy could get a modest boost if Congress cancels the across-the-board
budget cuts known as the sequester, according to new estimates from the
Congressional Budget Office.



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China's Sky City allegedly lacks permits

The plan to raise what would be the world's tallest building in a dizzyingly
fast time is in danger of not getting off the ground at all.

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qfil.html>

Samsung's record profit isn't good enough

Sometimes even your best performance just isn't good enough.

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qgql.html>


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Political Headlines
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U.S. will not seek death penalty for Snowden

The U.S. Justice Department will not seek the death penalty against U.S.
intelligence leaker Edward Snowden, Attorney General Eric Holder wrote to
Russian authorities in a letter dated July 23.

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qhGQ.html>

Mike Dugeon says candidacy started as joke, now serious

There?s another Mike in the race for Detroit mayor...

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Primary election looms as city bankruptcy moves ahead

Whomever voters elect in the November general election will have to lead the
city out of the bankruptcy process...

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qnc4.html>

Probation for ex-McCotter aide in election crimes

Mary Turnball, a former aide to Detroit-area congressman Thaddeus McCotter, will
be sentenced Tuesday after...

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Latest Video
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Back-to-school spending to drop this year

Retailers are nervous as back-to-school spending is forecasted to drop this
year.

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qqWA.html>

Sneaky credit card charges add up

Beware of the sneaky little charges credit card companies throw on your account.

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Singles using credit scores to filter dates

A new survey finds singles are increasingly looking at a potential partner's
credit score before things get too serious.

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qtZ7.html>


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Local Headlines
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Meijer set to open Detroit supercenter

Meijer on Thursday will open a new supercenter in Detroit, marking a major ...

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qvGo.html>

Ford raises profit forecast on strong 2Q results

Ford Motor Co. reported better-than-expected earnings for the second quarter and
raised its profit and sales forecasts for the year as strong U.S. pickup truck
demand and ...

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qxlp.html>

Little hope taxpayers break even on GM bailout

General Motors stock would have to sell for...

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qF24.html>

Ford to hire more salaried workers

Ford Motor Company will hire an additional 800 salaried employees for ...

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qGqK.html>


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Extras
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Golf guide: The British Open

This weekend is the British Open. Are you looking to learn more about the game
of golf? Use our interactive golf calculator to price out what it would cost to
start golfing. If you have time, take a tour of the best golf courses in the
U.S. and learn about some of the PGA?s biggest tournaments.

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qHRT.html>


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Ruth to the Rescue
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Detroit CityLoft stores to reopen

The Somerset Collection's CityLoft and The Detroit Shoppe stores will reopen
Friday in ...

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qJoP.html>

'Gray charges' could be costing you cash

If you sign up for a free trial, it may end up costing you.

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qKv1.html>

Suffocation, fall Hazards prompt crib recall

Nan Far Woodworking is recalling Rockland Furniture Round Cribs due to ...

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Why women buy designer shoes and handbags

Women buy designer shoes and handbags to...

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qNtr.html>


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On Local 4 News
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New deal breaker that can ruin relationships

Tonight at 11 p.m. - See why some say this deal breaker is just as important as
looks and compatibility. 

MORE DETAILS: <http://www.clickondetroit.com/tu/6ip76qOGc.html>



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