DETROIT ? Four Southeast Michigan economic development groups reported Wednesday that their joint efforts have created 7,225 technology jobs as well as 225 tech companies that have gone on to secure more than $300 million in follow-on investments. The groups - Ann Arbor SPARK, Automation Alley, Macomb-OU INCubator and TechTown Detroit - which came together
STAMFORD, Conn. - Worldwide server shipments grew 1.4 percent in the first quarter of 2014, while server revenue declined 4.1 percent year over year, according to Gartner Inc. "The first quarter of 2014 produced relatively weak growth on a global level with a variation in results by region," said Jeffrey Hewitt, research vice president at
LANSING ? Michigan Senate Majority Leader Randy Richardville isn't just looking for a 20 percent increase to funding the film incentive program, he told reporters after session Wednesday, but rather enough money to not only provide incentive money to movies but help train under-employed individuals in Michigan, especially young people, who can't gain much long-term
LANSING - Michigan's minimum wage workers will see the first of several wage increases starting September 1 following the enactment Tuesday of a bipartisan deal to bring the state's minimum wage to $9.25 per hour by 2018 and, for the first time, tie the rate to inflation going forward. Not long after 8 p.m., Governor
DEARBORN ? The Michigan Israeli Business Bridge will feature Rami Efrati, former head of the Civilian Division of Israel?s National Cyber Bureau, on June 17 where he will discuss how Israeli technology company?s set the standard for excellence. Efrati is currently the Founder and CEO of Fermitas, a company which develops Cyber Security Technological Solutions
LANSING ? Nearly $1.4 million in government subsidies and loans will help build a 47,000 square foot grocery store in the City of Detroit. The Michigan Strategic Fund ponied up $834,800 in Community Revitalization Program incentives, while the City of Detroit, through the Detroit Economic Growth Corporation, a $200,000 loan. Invest Detroit also provided a
EAST LANSING - The Michigan State University College of Engineering team captured 19th place ? out of a total of 49 competing teams ? at this year?s National Steel Bridge Competition held last week. The Spartan Spanners Steel Bridge team, from the college?s Department of Civil and Environmental Engineering, made it to the finals after
DETROIT - Warner Norcross & Judd LLP is teaming up with Crain?s Detroit Business to offer a free webinar on cybersecurity threats in the business world, the legal landscape governing data privacy and cyber-risk insurance. The recent data breach at Target and the discovery of the Heartbleed virus focused attention on the growing problem of
LANSING - Now that the Republican-led Legislature and Governor Rick Snyder have swallowed a hard pill and enacted a minimum wage increase they preferred not to pursue, the big question Tuesday evening at the Capitol is whether doing so would assure Democratic support for a major increase in transportation funding. The early answer from the
HOLLAND - Coastal Container and Coastal Automotive Corporation Tuesday announced that Paul Doyle has joined the company as chief executive officer. Doyle brings more than 20 years of manufacturing leadership experience to the company. ?We are very pleased to welcome Paul to our team,? said Brent Patterson, who is stepping down as Coastal CEO and