Here are today's top stories –
AP: Poll: Many local government leaders say Michigan is on the wrong track - After seeing lawmakers cut their funding and give financial managers sweeping new powers, half of local government leaders say they think Michigan is on the wrong track while a third saying it's headed in the right direction. The survey released Thursday by The Center for Local, State and Urban Policy at the University of Michigan also shows 37 percent give Gov. Rick Snyder a positive job rating while just 21 percent give that rating to the Legislature.
MLive: General Motors makes $2.5 billion in second quarter, nearly doubling last year's profits - General Motors Co. continued its rebound from bankruptcy and the 2009 auto bailout in the second quarter of 2011. The Detroit automaker today reported a $2.5 billion profit in the second quarter, its sixth straight quarterly profit. “Our progress has been steady and we’re preparing to launch more new products this year, including the Chevrolet Sonic in North America, the Opel/Vauxhall Zafira in Europe and the Baojun 630 in China to keep the momentum going,” said Dan Akerson, chairman and CEO, in a statement.
MLive: Obama administration awards Michigan, other Midwest states $268M for high-speed trains - Earlier this year, the U.S. Department of Transportation awarded Michigan nearly $200 million to upgrade tracks between Dearborn and Kalamazoo for a future Detroit to Chicago high-speed rail corridor. On Wednesday, the department awarded Michigan and four other Midwest states a combined $268.2 million to purchase next-generation, American-made trains to ride those rails. The Midwest funding will be used to purchase seven quick-acceleration locomotives and 48 bi-level rail cars. All told, the Obama administration has invested more than $782 million for new trains in six states.