LANSING - Consumers Energy has told the Michigan Public Service Commission that its planned coal-fired plant near Bay City will cost $1.44 billion, up from $1.15 billion it estimated in May. The utility notified the commission of the cost increase in a filing on Sept. 21. A recent bill draft released by Rep. Frank Accavitti
ANN ARBOR - Many companies that say they are reducing greenhouse gases are actually increasing emissions, says a professor at the University of Michigan's Ross School of Business. "The problem is not that companies are lying but rather that they are taking advantage of lax and inconsistent reporting rules," said Thomas Lyon, professor of business
WASHINGTON DC - U.S. employment rebounded last month on robust public education and other service-sector hiring, and August payrolls were revised sharply higher, providing further evidence that while the U.S. economy may slow somewhat because of the housing crunch, a recession is not in sight. The figures, which included an acceleration in wage growth, will
DETROIT ? Wayne State University's TechTown is launching on Oct. 5 a professional mixer monthly program to introduce the technology and life sciences incubator's entrepreneurs to the community. The program runs from 4-6 pm at Java Exchange, located in TechOne Building at 440 Burroughts on the WSU campus. For more information about TechTown, the Wayne
WASHINGTON DC - While a popular book once proclaimed that "Men are from Mars, Women are from Venus," that's not really true when we're talking about entrepreneurs. A new Small Business Administration Office of Advocacy-sponsored report finds that men and women entrepreneurs share more similarities than differences. The study?s main conclusion is that, when other
LANSING ? Michigan legislation designed to help residents find and purchase health insurance through a state-created exchange is on its way to the House after the Senate unanimously approved the bills. The package of the three bills - SB 278 , SB 280 and SB 283 - would create Michigan Health Ensure Affordable and Reliable
AUBURN HILLS - Minority-owned businesses may prosper from a newly formed partnership between Osiris Innovations Group and the Mosaic Advantage Program ? strengthening a network of minority owned suppliers. Osiris provides on-demand supply and demand chain automation applications. Mosaic is a division of ASG Renaissance a professional services firm with offices in Farmington Hills. The
ANN ARBOR ? Southeast Michigan entrepreneurs interested in learning quickly how to start, operate, fund and grow a technology or life science business will want to learn more about the Great Lakes Entrepreneur's Quest FastTrac Venture program, which kicks off Oct. 17 Automation Alley. FastTrac Tech Venture program is developed by the Ewing Marion Kauffman
LANSING - The administration of Governor Jennifer Granholm will not ask for more tax increases in the future, even if the state budget is still short of revenue, Treasurer Bob Kleine said in a radio interview Tuesday. Even if revenues for the 2008-09 budget are down by some $300 million to $500 million, that would
DETROIT ? Wayne State University is working with Rain Source Capital of Minneapolis to create an angel fund to pump money into the fledgling technology and life sciences the university is nurturing at its TechTown incubator. Steve Mercil, CEO of Rain Source Capital, talks about next steps in this News Maker Interview. To listen, click