ANN ARBOR - NanoBio Corporation announced Wednesday it has closed an $11 million Series C financing round, including full participation from its existing investor syndicate. Proceeds from the financing will be used to advance the company?s development programs for herpes labialis (cold sores), cystic fibrosis and nanoemulsion-based vaccines for respiratory syncytial virus (RSV) and genital
LANSING ? Michigan Employers and educational institutions may soon be unable to ask potential or current employees for access to their social networking information after the Senate Energy and Technology Committee unanimously reported a bill Tuesday. HB 5523 was reported from committee 6-0, with Sen. Howard Walker (R-Traverse City), Sen. Tonya Schuitmaker (R-Lawton) and Sen.
STAMFORD, Conn - In the third quarter, worldwide server shipments grew 3.6 percent year-on-year, while revenue decreased 2.8 from the third quarter of 2011, according to Gartner Inc. ?The third quarter of 2012 again produced shipment growth on a worldwide level, but server revenue was weak due to ongoing economic weakness and market segment differences,?
RESTON, VA. - On Cyber Monday, online spending reached $1,465 billion, up 17 percent from last year, representing the heaviest online spending day in history. For the holiday season-to-date, $16.4 billion has been spent online, marking a 16-percent increase versus the same period a year ago. ?Despite some news reports suggesting that Cyber Monday might
LANSING - In his message on energy and the environment, Governor Rick Snyder said Wednesday the state needed to increase its use of renewable energy, but he did not propose a new level to set that use at. Instead, Snyder said in 2013 all sides on the issue should talk and reach an agreement on
LANSING - The Michigan Economic Development Corporation is offering $3 million in grants to help rebuild downtown commercial districts. The Downtown Infrastructure Grant program, a Community Development Block Grant, is aimed at helping low and moderate income Michigan communities. The maximum grant to be awarded is $750,000. Funding priority will be given to projects that
LUDINGTON ? A $250 million wind farm was dedicated last week near Ludington that will generate up to 100 megawatts of energy from 56 wind-generation turbines. The Lake Winds Energy Park is Consumers Energy?s first wind park and is located in Riverton and Summit townships in Mason County. The utility?s investment in Lake Winds was
LANSING - Michigan consumers are feeling better about the economy and their personal futures than they have in nearly a decade, according to the latest State of the State Survey conducted by the Institute of Public Policy and Social Research at Michigan State University. While the optimistic feelings still do not match some of the
LANSING - Consumers Energy and the Public Service Commission did a better job supporting the need for an advanced metering program than had Detroit Edison, the Court of Appeals said in upholding the former's program in a case released Wednesday. Over objections from the attorney general and the Association for Businesses Advocating Tariff Equity, the
WASHINGTON DC - With Senate and House debates over cybersecurity in high gear, the president signs a directive outlining how the military can act when the U.S. is threatened with cyberattacks. President Obama has long said cybersecurity is one of his priorities and it appears he is now acting on his words. According to the