LANSING - Governor Rick Snyder's proposal to help protect Detroit pension holders by using $350 million in state funds over 20 years was criticized Monday by a top Wall Street rating agency as not showing enough protection towards bondholders and creating an "us versus them" attitude in terms of repaying debt. The short assessment by
BLOOMFIELD HILLS - Great Lakes Angels has opened its Feb. 12 meeting to angel investors that may not be members of an angel group yet and would might like to do so. Angel investors typically are the second round of financing for start-ups after the friends and family round. Those high net worth individuals making
LANSING - Last fall, while planting the seeds for a modest educational conference for growers hosted by the Michigan Corn, Soy and Wheat Check-Off Programs, organizers never dreamed that the inaugural Great Lakes Crop Summit earlier this month would grow into such a huge success. The Summit, held January 22 and 23 at FireKeepers Casino/Hotel
DETROIT ? Eight out of 10 chief information officers survey in the Detroit metropolitan area plan to hire IT professionals in the first half of 2014, either to expand or fill open jobs. So says Robert Half Technology in its IT Hiring Forecast and Local Trend Report. This figure is 7 percentage points higher than
WASHINGTON D.C. ? President Obama has struck a tentative deal with major Internet companies allowing them to share more public details about how the government collects data on their customers. The deal, announced Monday, must still be approved by a Foreign Intelligence Surveillance Court judge. It would allow Facebook Inc., Microsoft Corp. , Apple Inc.,
TROY - Billhighway?s Prepaid MasterCard program has been selected as a 2014 Paybefore Awards winner in the Head of the Class category. The program, launched in 2012, is a way for college fraternity and sorority students to better manage their chapter expenses. Billhighway shares this honor with partners MasterCard, First Covenant Bank (FCB) and Galileo
PLEASANT RIDGE ? The rising popularity of smartphones made ePrize, the global promotions company based in suburban Detroit, to change its name last week to HelloWorld to reflect the new ways people engage digitally. ePrize decided to leave 15 years of brand equity on the table for a name that better reflects the company?s recent
DETROIT - Autobeat Group, publisher of Autobeat Daily, Autobeat Europe, and Autobeat Asia has announced the launch of the Advanced Mobility Project, a new independent news and information source about innovations in the transport of people and goods. The Advanced Mobility Project will monitor fast-moving global trends in mobility, including such hot topics as connected
DETROIT ? The good news is Compuware Corp. met Wall Street expectations of posting 11 cents a share for the third fiscal quarter ended Dec. 31. The bad news is both revenue and profits fell for the state?s largest tech company. Here?s the fine print: Net income in the third fiscal quarter ended Dec. 31
SOUTHFIELD - Student teams from Troy High School in Oakland County and Portage Central Middle School in Kalamazoo County were named Michigan winners of the Verizon Innovative App Challenge, a national competition in which students develop a mobile application concept that addresses a need or problem in their local schools or communities. Now in its