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Community divided as Northville reopens streets once reserved for pedestrians
Read full article: Community divided as Northville reopens streets once reserved for pedestriansThe streets of Downtown Northville are open again after a judge ordered the section near Main and Center streets reopened last week.
European Central Bank, seeing no signs of recession, cuts interest rates again
Read full article: European Central Bank, seeing no signs of recession, cuts interest rates againThe European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning.
Inflation in Europe falls below 2% and opens the way for faster rate cuts
Read full article: Inflation in Europe falls below 2% and opens the way for faster rate cutsInflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bankโs target of 2% for the first time in more than three years.
Ann Arbor Pride kicks off Saturday with 150 vendors and lineup of performances
Read full article: Ann Arbor Pride kicks off Saturday with 150 vendors and lineup of performancesFrom noon to 9 p.m., the free event will have dancing, singing, live music and drag performances spread over two stages at the Main and Liberty intersection.
A German town's referendum on culling pigeons has led to an uproar by animal rights activists
Read full article: A German town's referendum on culling pigeons has led to an uproar by animal rights activistsAn ongoing fight between residents and animal rights activists over whether to cull pigeons in a small German town has led to an uproar.
Costume parade returns to Ann Arborโs Main Street for trick-or-treating
Read full article: Costume parade returns to Ann Arborโs Main Street for trick-or-treatingGoblins, ghosts, ghouls and trolls will make their way along Main Street on Sunday, Oct. 29, during the annual Downtown Trick-or-Treating & Costume Parade.
Leave your mark on downtown Ann Arbor with Paint the Town event before Art Fair
Read full article: Leave your mark on downtown Ann Arbor with Paint the Town event before Art FairCommunity members can join artists and musicians to beautify Main Street by painting mandalas and coloring a chalk mural on Tuesday, July 18.
Rolling Sculpture Car Show returns to Main Street after two-year hiatus
Read full article: Rolling Sculpture Car Show returns to Main Street after two-year hiatusHosted by Main Street Ann Arbor, the free event was canceled in 2020 and again in 2021 due to the COVID-19 pandemic and lack of volunteers.
Senior ECB official: rate rise too soon could choke recovery
Read full article: Senior ECB official: rate rise too soon could choke recoveryA senior European Central Bank official says that raising interest rates prematurely could โchoke off the recovery,โ comments that come as inflation in the 19-nation euro area has hit a record rate.
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Robotics technician training offered via Oakland County Michigan Works
Read full article: Robotics technician training offered via Oakland County Michigan WorksThere are currently many job openings out there. However, if you are looking for something a little more unconventional that pays well here is a look at one unique training program.
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German factory orders fall more than expected in December
Read full article: German factory orders fall more than expected in December(AP Photo/Michael Probst)BERLIN โ German factory orders fell more sharply than expected in December, suggesting recent coronavirus lockdown measures are starting to impact industry in Europe's largest economy, new statistics showed Friday. Industrial orders fell 1.9% in December over the previous month, following a slightly upwardly revised 2.7% increase in November, the Federal Statistical Office reported. Domestic orders decreased by 0.9% while foreign orders dropped by 2.6% in December. New orders from the eurozone fell 7.5%, while those from other countries increased by 0.5%. German industry had remained almost unharmed by the November lockdown," he said in a research note.
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Germany's Commerzbank to cut 10,000 jobs, slash branches
Read full article: Germany's Commerzbank to cut 10,000 jobs, slash branchesFILE - In this April 1, 2020 file photo, the buildings of the banking district are reflected in the river Main in Frankfurt, Germany. (AP Photo/Michael Probst, File)FRANKFURT โ Germany's Commerzbank said Thursday that management proposed to cut 10,000 jobs under a restructuring program aiming to increase digitalization, slash branches and cut annual costs. The company said in a statement to investors that the cuts would affect every third job at the bank in Germany. Costs would be lowered by 1.4 billion euros ($1.7 billion), or around 20% by 2024. It said revenues were expected to remain stable as the bank puts profitability ahead of growth.
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German government cuts 2021 economic growth forecast to 3%
Read full article: German government cuts 2021 economic growth forecast to 3%The lights of a bridge are reflected in the river Main in Frankfurt, Germany, Thursday, Jan. 21, 2021. (AP Photo/Michael Probst)BERLIN โ The German government on Wednesday cut its growth forecast for this year to 3% as Europe's biggest economy faces persistent headwinds from the coronavirus pandemic. In late October, the government had forecast growth of 4.4% this year. Official data released earlier this month showed that the economy shrank by 5% last year, ending a decade of growth. He didn't provide any specific forecast for 2022.
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Police investigating bomb threat in Downtown Harbor Springs
Read full article: Police investigating bomb threat in Downtown Harbor SpringsHARBOR SPRINGS, Mich. โ Harbor Springs police received a bomb threat in the area of Main and State streets in Downtown Harbor Springs. The Harbor Springs Police Department, Michigan State Police and the Emmet County Sheriffโs Department are actively investigating the threat. Harbor Springs schools were locked down until 4:15 p.m., which is when students were released. The public is asked to avoid the Downtown Harbor Springs area. Anyone with information should contact Harbor Springs police at 231-526-6211.
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German economy shrank 5% in pandemic year 2020
Read full article: German economy shrank 5% in pandemic year 2020FRANKFURT โ The German economy, Europe's largest, shrank by 5% in the pandemic year 2020, ending a decade of growth as lockdowns wiped out much business and consumer activity. The U.S. had a downturn of 4.6% while China's economy grew 2.1%, according to the estimates used by Destatis. In the fourth quarter, German growth โroughly stagnated,โ said Michael Kuhn, head of the GDP and output calculation group at the agency. The pandemic downturn, which followed 10 straight years of annual growth, was smaller than that experienced during 2009, when the economy shrank by 5.7% The 2020 figure compares to modest growth of 0.6% in 2019. In 2020, the economy seesawed between lockdowns and a robust upswing that still left growth below the previous year.
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AP-NORC poll: America's virus concerns stable as cases spike
Read full article: AP-NORC poll: America's virus concerns stable as cases spikeThe surge has led to record numbers of daily virus deaths as the U.S. nears 300,000 people dying from the virus over the course of the pandemic. Roughly three-quarters of Americans say they're at least somewhat worried about the virus, a figure that's about the same as in October. Fifty percent now support requiring Americans to stay home except for essential errands, up somewhat from 44% in October. About 9 in 10 are at least somewhat worried about infections, compared with about 6 in 10 Republicans. โIn complete honesty, I think this pandemic is kind of blown out of proportion,โ said Main, who is a Republican.
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Give your mom Diamonds for Mothers Day!
Read full article: Give your mom Diamonds for Mothers Day!Diamonds Steak and Seafood in Royal Oak is one of them, still serving up their sizzling steaks and scrumptious seafood for carryout. The Royal Oak location is actually the second Diamonds location, with the first one being in Howell. The Royal Oak location is lighter, and more modern, with diamonds sketched on the walls and their alcohol selection on full display. For Mothers Day, they are offering many specials for Mothers day including an oven-ready feast, brunch, and other kits you can prepare at home. All orders for Mothers Day must be placed by 8 pm today, May 8th.