DETROIT - The U.S. Small Business Administration reminds Private Non-Profit Organizations in Michigan that March 18 is the deadline to submit Economic Injury Disaster Loan applications. These loans are available from the SBA as a result of the flooding that occurred between April 16 and May 14, 2013. The filing deadline to return economic injury
LANSING - The credit ratings agency Moody's called the city of Detroit's decision to sue to invalidate a $1.45 billion certificates of participation pension swaps deal an "extreme act," but also said it is such a rare move it would be unlikely to affect the broader municipal bond market. If the city succeeds in federal
SAN FRANCISCO - In a story posted late Tuesday, Wired editor Joe Brown said his Snapchat friends were asking why he was sending them messages with photos of fruit smoothies. That was a surprise to Brown because he hadn't sent any such messages. Other Snapchatters have since complained about receiving these same messages, according to
SAN FRANCISCO - Tesco, an international supermarket chain, has been forced to deactivate online customer accounts after hackers took aim at its systems. The company confirmed to The Guardian on Friday that over 2,200 of its accounts were compromised. Interestingly, it's believed that the hackers didn't actually break into its systems, but instead used data
GRAND RAPIDS - Grand Angels announced Monday its latest funding commitments in a number of companies across Michigan, including Ablative Solutions, Grand River Aseptic Manufacturing, Local Orbit, LLC, ProNAi Therapeutics, and Vestaron Corporation. With this latest funding, Grand Angels has invested more than $13 million in 28 companies since its inception. ?Our next round of
ANN ARBOR - MichBio members can get an update on the latest legislative and regulatory issues facing the medical device and diagnostic sectors when the life sciences trade association President and CEO Stephen Rapundalo hosts the online program prior to his Capitol Hill visit, as part of the AdvaMed Legislative Fly-In set for February 26-27.
ANN ARBOR - The Zell Lurie Commercialization Fund has made two pre-seed investments one in healthcare startup AlertWatch and another in ad tech startup AdAdapted. The collective investments total $90,000 and closed in November 2013 and January 2014, respectively. The student-run fund is part of the Zell Lurie Institute at the University of Michigan?s Ross
LANSING - The Public Service Commission on Friday issued its annual report on the implementation of the energy overhaul under PA 295 of 2008, and its findings on high investments and cheap costs had supporters calling on the Legislature to keep the momentum going. The report indicated all electric providers except for Detroit Public Lighting
LANSING - Michigan Chamber of Commerce CEO Rich Studley recognizes that it's an election year and the Legislature has tackled other important issues so far, but to use those as excuses for not finding a comprehensive solution on funding transportation as the state enters what is expected to be one of the worst pothole seasons
ANN ARBOR ? Technological innovation is the most important factor in the future of the world economy and the connected vehicle will be one of the chief beneficiaries. That was the consensus of opinion Feb. 12 when the Michigan Israel Business Bridge convened its February meeting at Ann Arbor SPARK to hear a three-speaker panel