WASHINGTON ? Double dip recession? Not according to Federal Reserve Chairman Ben Bernanke who said Tuesday that recent signs of economic weakness had not altered his basic view that the economy was mending slowly and that the pace of recovery seems likely to increase during the rest of the year. Bernanke also said that he
MACKINAC ISLAND - In a drive to create a streamlined yet powerful state economic development engine, Michigan's Economic Development Corporation is embarking on a redrawn strategy to spur growth from the ground up, an official said Friday. "We're going to be starting with our local economic development partners," said Douglas Smith, senior vice president, strategic
SAN FRANCSICO - A new burst of hacks has left companies and government organizations picking up the pieces. The Hacker News reported it had received a message from hacking group Pakistan Cyber Army, claiming the PCA had hacked an Acer Europe server and stole sensitive information. The publication posted a screenshot of the data reportedly
GRAND RAPIDS ? Meet the Momentum class of 2011. This is the third year that Momentum has selected the businesses that it will invest in, research for, mentor and ultimately launch. Competition was stiff this year, and now is your chance to meet the creative and technical geniuses who inspired Momentum's many experts ? from
MACKINAC ISLAND - The governor's traditional Detroit office will be converted to part of an urban issues office, Governor Rick Snyder said Friday, while the mayors of the state's two largest cities said the state needs to make it easier for cities to work with their neighbors on services and programs. The comments came from
SAN FRANCISCO - China may be behind the hack of RSA's SecurID database and defense contractors that depend on the SecureID token for secure remote access by employees, according to security analysts. The RSA breach was carried out using an advanced persistent threat (APT), and China is known for using the APT attack method, Rich
WARREN - General Motors will invest $130 million to build an enterprise data center at its Technical Center campus in Warren, adding 25 high-tech jobs and expanding and renovating a former administrative building. Design is under way on the renovation and construction, with the final phase scheduled for completion in 2015. The investment will result
WARREN - Today, most independent software vendors (ISVs) are pondering their plan down the future software path called Software as a Service (SaaS). Some of these ISVs have embarked on the journey of re-architecting their software for SaaS and some are testing the waters with a few customers using hardware virtualization (such as VMware) that
BLOOMFIELD HILLS - The Business Performance 2.0 Executive Series will meet June 14 to discuss cost cutting and search engine optimization, blogs and Internet marketing. Seminar to be held at the Birmingham Tower, 280 N. Old Woodward, LL Conference Room, Birmingham, from 4 to 5:30 pm. Seminar Details: June 14, 2011 from 4:00 pm to
MACKINAC ISLAND - Michigan and all states need to do seven things to be considered business-friendly, Michael Porter, a top business professor at Harvard, told the Detroit Regional Chamber Policy Conference. None of the seven items directly had to do with lowering taxes, and some should not have to cost the state any money, he