PARAMUS, NJ-The toy retailer plans to shutter 87 stores, 12 of which will be converted to Babies "R" Us stores. The determination of which stores would be shuttered followed the 2005 holiday selling season.

PARAMUS, NJ-The toy retailer plans to shutter 87 stores, 12 of which will be converted to Babies "R" Us stores.

CHICAGO-The jewelry retailer contends that Newcastle's proxy solicitation is an attempt to acquire control without paying for it.

DETROIT-Bank One is planning to open 34 new locations during the year. In what it is calling its "biggest expansion in Michigan history," the bank will open 23 branches in Meijer stores and 11 stand-alone branches in Metro Detroit and Grand Rapids.

DETROIT-Bank One is planning to open 34 new locations during the year in what it is calling its "biggest expansion in Michigan.

DETROIT-Bank One is planning to open 34 new locations during the year. In what it is calling its "biggest expansion in Michigan history," the bank will open 23 branches in Meijer stores and 11 stand-alone branches in Metro Detroit and Grand Rapids.

DETROIT-A study complied by the Michigan Public Service Commission finds that peak electric power demand is projected to increase 2.1% per year. The group says to meet the growing need, the state will need at least one new plant by 2011.

LANSING, MI-David C. Hollister, director of the Michigan Department of Labor and Economic Growth, is leaving his position to lead a new economic development nonprofit here.