LANSING - With just three weeks left for Chrysler LLC to meet a deadline set by President Barack Obama to finalize an arrangement with the Italian auto-maker Fiat, Gov. Jennifer Granholm has called on those that hold the car company's debt to agree to concessions on those bonds. Speaking in Washington, D.C., Granholm said the
PLYMOUTH - Taking a cue from European drivers, U.S. car buyers are telling automakers they want fuel-efficient vehicles, but with the amenities they have come to expect in large cars and SUVs, contends the CEO of Hella Electronics Corp. The shift in U.S. buying patterns has caused some vehicle manufacturers to re-think how new fuel
DETROIT - Chrysler is struggling to get its banks to accept stock instead of getting $5 billion in cash, the Associated Press reports. Chrysler is also having problems getting its bondholders and the UAW to accept stock instead of the cash that they're owed. But the banks own Chrysler assets like factories and equipment. So
TROY - The deadline for applications for The Michigan Council of Women In Technology's Mentor Program is April 20. The program will be limited to 30 pairs of mentors and mentees. Once you complete the application process, there will be a Mentor Program Kickoff May 11 starting at 5:30 pm at Barry Auditorium at Walsh
ANN ARBOR - Domino's Pizza has a program that pays you while you learn all aspects of how to run a successful store. As part of its new Franchisee in Training program, Domino's is looking for college graduates in entrepreneurial programs and military veterans to train for 24-36 months. Candidates who successfully complete the training
LANSING - Gov. Jennifer Granholm has ordered departments to take better care of personal information, creating the Information Privacy Protection Council to oversee those efforts. She made the Parole Board, eventually, smaller and the Great Lakes Wind Council larger. The IPPC (Executive Order ), created in the Department of Information Technology and led by the
LANSING - Rep. Paul Opsommer (R-DeWitt) said Monday the governor's newly created Information Privacy Protection Council and the chief privacy officer should review the state's memorandum of agreement with the federal government regarding enhanced driver's licenses, arguing the use of radio frequency identification chips poses a privacy risk. The Legislature approved the enhanced driver's license
LANSING - With a House vote Thursday, the state's second round of spending federal stimulus dollars - $1.9 billion in all - is heading to the desk of Gov, Jennifer Granholm. Acting just before it broke for a two-week recess, the chamber signed off on Senate alterations, which included stripping $108 million in energy programs
LANSING - The Michigan Economic Development Corporation this week awarded Biotechnology Business Consultants, Automation Alley, Michigan Tech Enterprise Corporation SmartZone, and the Great Lakes Entrepreneur's Quest each a $500,000 grant to help support the critical business services the organizations provide to technology entrepreneurs and companies in Michigan. Each group will use the grant to help
LANSING - The Michigan Economic Development Corporation Friday announced it has awarded Kettering University, Wayne State University Research and Tech Park (TechTown), Ann Arbor SPARK, Oakland University and the Michigan Research Institute each a $250,000 grant to support their business incubators. The funding was appropriated by the Legislature and approved by the Michigan Strategic Fund.