LANSING - Speakers and attendees of the first public forum on energy policy Thursday largely agreed on the need to move toward more renewable power and energy efficiency, but were split on whether the state's current energy law was the way to get there. The goal of the seven forums planned between Thursday and April
LANSING - Governor Rick Snyder's proposal to increase the gasoline tax and vehicle registration fees is not likely to see any traction the Senate, but the idea of an increase in those areas in a different form is still open for debate. Snyder has proposed increasing the fuel tax to 33 cents per gallon from
DETROIT ? Compuware Corp. has developed a poison pill defense against takeover by New York hedge fund, Elliott Management that would pay senior executives big bonuses if the computer software and services company changes hands and they lose their jobs as a result. In a filing with the United States Securities and Exchange Commisssion, Compuware
ALLEGAN - Perrigo Company announced that it has signed a definitive merger agreement and has completed the acquisition of Leeds, U.K.-based Rosemont Pharmaceuticals Ltd. for approximately $283 million in cash. Founded in 1967, Rosemont is a specialty and generic prescription pharmaceutical company focused on the manufacturing and marketing of oral liquid formulations. Rosemont's current portfolio
DETROIT - Wayne State University's contract to conduct federally funded research into problem pregnancies was extended another decade through a $165.9 million deal announced Thursday. Wayne State said the Eunice Kennedy Shriver National Institute of Child Health and Human Development of the National Institutes of Health has awarded Wayne State a second 10-year contract to
GRAND RAPIDS - Software developer Blue Medora announced the release of a much-anticipated update to its Oracle Enterprise Manager plugin for VMware. The plugin is the first of its kind, addressing the needs of the growing number of companies that are moving more of their IT infrastructure to cloud-based solutions for better flexibility and efficiency.
TROY ? An MBA student team from Walsh College took first place in the sixth annual Association for Corporate Growth Detroit Cup hosted at Michigan State University?s Management Education Center in Troy on February 9. The ACG Cup is a case study competition designed to give students from leading MBA programs across the country real-world
EGHAM, UK - Worldwide mobile phone sales to end users totaled 1.75 billion units in 2012, a 1.7 percent decline from 2011 sales, according to Gartner Inc. Smartphones continued to drive overall mobile phone sales, and the fourth quarter of 2012 saw record smartphone sales of 207.7 million units, up 38.3 percent from the same
LANSING - The Michigan Economic Development Corporation has not issued any credit certificates for either the cell manufacturing tax credit nor the MEGA tax credit awarded to LG Chem Michigan in 2009, though technically LG Chem has not yet filed for them. "LG Chem Michigan was awarded cell manufacturing and MEGA tax credits for its
LANSING - The statewide 4-year graduation rates for Michigan students expected to graduate last spring increased to 76.24 percent, up 1.9 percent from the 2011 rate of 74.33 percent, according to data released Wednesday by the Michigan Center for Educational Performance and Information. ?These numbers reflect the highest rates we have seen since we started