LANSING - Jeff Holyfield, who joined Governor Rick Snyder's staff just eight months ago as communications director, has moved to the vacant post as spokesperson for the Lottery Bureau. Prior to joining Snyder's administration, Holyfield had been communications director for Consumers Energy and before that had a long run as a reporter for The Associated
DETROIT - The Southeast Michigan Purchasing Managers Index (PMI) for Oct. is 63.1, up from 59.9 in Sept., raising the three-month average for the economy to a robust 61.1. A PMI value above 50 generally suggests economic growth. ?Over the last fourteen months, the PMI has come in at 50 or above 13 times,? said
SAN FRANCISCO - Cisco launched its Application Centric Infrastructure this week, prompting a whirlwind of competitor announcements and keeping industry watchers perched on the edges of their seats. Does the platform, built on Cisco subsidiary Insieme's architecture, live up to all the anticipation and revolutionize SDN? Well, the ACI strategy has strengths and weaknesses. Let's
ANN ARBOR - Investors Richard and Susan Roge have stepped up their already extraordinary commitment to the University of Michigan with a $50 million gift that will be used to fund scholarships and other programs. The gift - $30 million for scholarships at the U-M Medical School and $10 million in support for faculty, students
SOUTHFIELD - The Chicago-based Coleman Foundation has awarded Lawrence Technological University a two-year, $150,000 grant to increase student participation in entrepreneurial education that is already occurring on campus. The Coleman Foundation is a private, independent grant-making organization that funds educational institutions that offer entrepreneurship training and support. This is the largest grant it has awarded
LANSING - The Michigan Economic Development Corporation today announced Michigan Strategic Fund approval of a $300,000 Michigan Business Development Program performance-based grant for Fontijne Formitt to expand its operations and establish a new production line in Milton Township, a project that will generate approximately $2.6 million in capital investment and add up to 31 new
SEOUL, South Korea - Samsung aims to unveil phones and other devices with foldable displays in another two years, give or take, CNET News.Com reported. At an analysts event Wednesday night, Samsung CEO Kwon Oh Hyun presented a slideshow revealing the company's display technology timeline for the next few years. As shown by blog site
TROY - Altair, the Troy engineering services and software provider, announced the opening of two new offices, Altair Hellenic in Thessaloniki, Greece, and Altair Israel in Tel Aviv, Israel. The offices target manufacturers that can benefit from Altair?s HyperWorks suite of computer-aided engineering tools, in-house product design services, and cutting-edge business analytics technology. These locations
COSTA MESA, CA. ? In a report from Experian, a rise in credit balances and a decrease in delinquency rates has significantly improved small-business credit quality in the third quarter. According to the most recent Experian/Moody?s Analytics report, the Small Business Credit Index rose 2.3 points to 118.5, up from 116.2 the previous quarter. This
LANSING - The Michigan Economic Development Corporation, Michigan Works! and Tim Hortons Cafe & Bake Shop are teaming up for a second time to host a live MiVirtualCareerFair event on Nov. 13 from 10 am ? 4 pm online and at participating restaurants around Michigan. ?The June career fair we held in partnership with Tim