SAN JOSE, Ca. - Three years ago Venture Capitalist Timothy Draper graced the cover of a financial-industry trade magazine wearing a wide grin and a Captain America costume. Draper, the tagline said, had joined the "League of Extraordinary VCs" for his smart investments in Chinese search service Baidu and free PC phone service Skype. Both
WASHINGTON - The U.S. Federal Reserve on Christmas Eve approved GMAC Financial Services' application to become a bank-holding company, a status that would give the auto-financing arm of General Motors Corp. access to government bailout dollars and the Fed's discount window. The move complements a $17.4 billion emergency loan package the government extended to GM
MIDLAND - Nine months after forming, the BlueWater Angels investment group has closed on their first investment in the mid-Michigan region, netting Midland-based Fulcrum Composites more than $200,000 to continue research, development and marketing for their business venture, focusing on alternative energy options. The investment by BWA is the part of a larger investment round
ANN ARBOR - Washtenaw County development agency Ann Arbor SPARK has named Christine Turner as executive director, business development. In her role, Turner will join Vince Nystrom and Ann Arbor SPARK's business development team in managing business attraction and retention efforts, cultivating a vibrant and robust business community throughout Washtenaw County. Prior to joining Ann
RESTON, VA - Online spending over the most recent weekend - Dec. 20-21 - total $677 million, nearly twice as high as the weekend nearest Christmas last year, reports comScore, a leader in measuring the digital world. Holiday season spending online for the first 51 days of the November - December 2008 holiday season have
GRAND RAPIDS ? Are you in touch with the current workplace trends? As the current workforce is changing, so are the roles of IT departments. Companies are challenged with not only attracting and retaining valued IT professionals, but also meeting new industry demands. Interact with a panel of West Michigan CIO's and hear their thoughts
ANN ARBOR - LA2M, Lunch Ann Arbor Marketing, has announced an exciting line up of topics for January and February 2009 that will explore digital marketing tools and tactics. LA2M is a weekly meeting of marketing professionals from both digital and traditional backgrounds. Founded in January 2008, LA2M will be taking a twist on its
ANN ARBOR - LTI Information Technology has been re-certified as a Cisco Premier Certified Partner and Certified Advanced Routing and Switching Specialization in the USA. LTI Information Technology has been a Cisco Partner for 5 consecutive years and has again met all requirements for achieving Cisco Premier Certification, including personnel, support, training, client recognition and
LANSING - As bad as the economy has been in Michigan, a study assessing economic distress among the states based on the foreclosure rate, changes in unemployment and the number of people receiving food stamps shows a number of states rank higher in terms of overall distress. The study, part of the Kaiser Family Foundation's
LANSING - In an effort to help the state's economy, Governor Jennifer Granholm on Tuesday signed legislation expanding job training opportunities in high demand fields, by working with companies that need to develop training for job openings. The bills, SB 1342 (PA 359) and HB 6185 (PA 360), were part of some 48 bills signed