Mary Dooe

Michael Jordan plays defense against a Chinese sportswear company. Romney's doing his best to sway voters to pick him in next week's primary, playing up his Michigan roots and pushing hard for a law that would get rid of mandatory-union-membership in union shops. And host Jeremy Hobson wraps up a week in Michigan by taking a closer look at two places in Detroit with the same name, but very different stories.

Last night's GOP debate on CNN included a lot of talk on the American auto bailout. In Michigan, employment has started to rebound in part thanks to manufacturing jobs associated with the auto industry. Elsewhere in the state, Jeremy Hobson sat down with the CEO of Domino's Pizza to see how the company is faring in these tough economic times, and to see what kind of effect Bain Capital had on the business. And speaking of the auto bailout, how do Americans in general feel about it?

The Obama administration is expected to announce a plan to cut the federal corporate tax from 35 percent (that's the second highest rate in the world) down to 28 percent. The consumer sentiment figure is a measure of how consumers are feeling about the economy and it's put together by Thomson Reuters and the University of Michigan. The nation's most populous state, California, had a brush with fiscal calamity this month, and lawmakers had to scramble recently to close a $5 billion budget shortfall.

All week, our own Jeremy Hobson will be broadcasting from Michigan as part of our Election 2012: The Real Economy coverage. Today, he speaks with Republican Governor Rick Snyder about the state's economic recovery. Michigan was a big recipient of bailout money -- and speaking of bailouts, Greece will receive another round of money from its European partners.

The group that runs the Medical College Admissions Test -- or MCAT -- is rolling out a new exam in 2015 that will include questions about the psychological and social underpinnings of medicine. Ohio is betting big on casinos, opening up gambling later this year in Cincinnati, Cleveland, Columbus and Toledo. As outdoor outfitter L.L.Bean celebrates its centennial this year, one of the company's oldest products is making a comeback. Happy President's Day!

Congressional negotiators have agreed to a deal that would extend the payroll tax cut through the end of the year. Yesterday, Chinese Vice President Xi Jinping visited the White House and the Pentagon before meeting with American business leaders at the U.S. Chamber of Commerce. The Westminster Dog Show dropped Pedigree as a sponsor this year, saying its sad ads that promote adoption from animal shelters turned off its audience. And President's Day is fast approaching, but a lot of Americans don't take that day, or others, off -- and that could be a problem for the economy.

Two former Bear Stearns executives accused of misleading investors about the quality of risky mortgages have settled with the federal government. Waffle House is transforming more than a hundred restaurants into Valentine wonderlands. President Obama is meeting today with Chinese Vice President Xi Jinping, who is expected to be the next president of China. And some experts are looking to Zynga's earnings to help predict how Facebook will fare in the coming months.

President Obama will announce his proposed budget for 2013 today, and it is expected to include a lot of infrastructure spending. In Greece, big budget cuts were passed over the weekend -- but how do the new minimum wage requirements and public sector job cuts there compare to the U.S.? And we take a closer look at the world of natural gas through the eyes of an energy company CEO.

First Lady Michelle Obama's plan to make Americans healthier isn't stopping at school lunch; she now wants the military to shape up as well. Greeks are striking again today to protest deep cuts the government wants to make in order to get more bailout money. The unemployment rate dropped last month to 8.3 percent, but some economists say the news isn't as good as it sounds. And big drinks companies are fighting in what some might call "whiskey wars."

The Obama administration and almost every state have reached a settlement with the country's largest banks over allegations of abusive foreclosure practices. We check in with the Mayor of Los Angeles on his vision for the city, which is the second largest metro area in the U.S. A new survey out by the Pew Research Center shows that young adults have been hurt the most in the recession. And bankruptcy lawyers are warning that the latest "debt bomb" will come from student loans.