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Source: VW to pay $1B to diesel owners, buy back some cars

Volkswagen, the U.S. government and private lawyers have reached a deal for the automaker to spend just over $1 billion to compensate owners of about 600,000 diesel-powered cars that cheat on emissions tests, including buyback offers to some owners, according to a person briefed on the matter. The “deal in principle” includes a maximum amount of spending, but the final …

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131 construction project to begin

Motorists who travel on U.S. 131 in Kalamazoo County are being advised of a construction project starting next week. The Michigan Department of Transportation on Monday will begin repaving 6.6 miles of U.S. 131 between I-94 and U Avenue in Portage. The $10.3 million investment includes guardrail replacement, carpool lot resurfacing, new signs and right-of-way fencing, and traffic signal upgrades. …

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Moses Joins Trust Department of Southern Michigan Bank and Trust

John Castle, Chairman and Chief Executive Officer of Southern Michigan Bank and Trust recently announced the appointment of Matthew S. Moses as First Vice President, Head of Wealth Management for the Trust Department of Southern Michigan Bank and Trust. Moses received a bachelor of business administration degree from the Haworth College of Business at Western Michigan University with a Personal …

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Study shines light on big performance gap for car headlights

There may be a reason why people have trouble seeing while driving at night, and it’s not their eyesight. A new rating of the headlights of more than 30 midsized car models gave only one model a grade of “good.” Of the rest, about a third were rated “acceptable,” a third “marginal” and a third “poor.” The difference between the …

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Refueling, maintenance outage planned at Cook nuclear plant

Operators of southwestern Michigan’s Donald C. Cook Nuclear Plant say one of its units is being shut down for routine refueling and maintenance. Plant spokesman Bill Schalk says power at the Unit 1 reactor was reduced to 50 percent Sunday night for equipment testing in advance of Wednesday’s start of the outage. The Herald-Palladium of St. Joseph reports equipment replacement, …

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Gas prices continue to rise

The average price of gasoline has jumped by 17 cents over the past two weeks, to $2.02 a gallon for regular grade. Industry analyst Trilby Lundberg said Sunday that the hike is due to growing demand for gasoline across the nation and higher crude oil prices. Lundberg says the increase is part of a trend that has seen the price spike nearly …

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