ANN ARBOR ? The New Enterprise Forum will host a panel discussion on Nov. 20 on building and evolving a management team for a growing venture. The event, Is Your Management Team Smarter Than You?>
NEW YORK - The U.S. economy is in the midst of the worst part of the recession, with a recovery starting in the third quarter of 2009, according to economists polled in the latest Wall Street Journal survey. On average the 54 economists surveyed expect gross domestic product to decline 3 percent at an annualized
NEW YORK - Forbes magazine predicts this may be the last holiday season you can dodge sales taxes by buying presents on the Web. State legislators, retailers and lawyers say 2009 may be the year Internet taxes finally come to pass. The idea, which would levy sales tax on most goods bought online, has been
DETROIT - There's a big bailout fight brewing in Washington D.C. over aid to the automotive industry. President Bush told Democratic leaders he'd be interested in some horse trading. The New York Times reports he�??ll provide aid to the auto industry, providing Democrats approve a free trade deal with Colombia. The Democrats are saying, "No
GRAND RAPIDS - Internet advertising network Adtegrity.Com reported Tuesday that it reversed a year earlier third quarter loss, and increase quarterly revenues despite a softening economy. Adtegrity.com (Pink Sheets: ADTY) reported unaudited results included net income of $87,000 for the third quarter on net revenues of $3.48 million, compared with a net loss of $986
GRAND RAPIDS - TransCorp Inc, which develops novel surgical instruments and implants, received funding from a group of Michigan investors. But no one is saying how much TransCorp got. TransCorp's new home is the West Michigan Science & Technology offices at Grand Valley State University's Cook-DeVos Center for Health Sciences. Leading the funding was EDF
ANN ARBOR - Advanced Photonix, which makes opto-electronic products and Terahertz sensors and instrumentation, cut its operating loss for the second quarter to $225,000 from $768,000 in the same quarter a year ago. Operating income year to date was $14,000 compared to an operating loss of $1.8 million for the prior year to date period.
DETROIT ? Wayne State University's TechTown has partnered with Microsoft to help startup companies create software using tools provided by Microsoft. The new program, called BizSpark, is free to qualifying companies in Michigan. Judy Johncox, Director of Venture Development Office at Wayne State, said TechTown was asked by Microsoft to interview and validate the companies
TROY - Strategic Staffing Solutions, a Detroit-based international Information Technology Services company, has completed the largest acquisition in its 18-year history, a move that extends the company to the West coast. Terms were not disclosed. S3 is acquiring the IT Services division of National Technical Systems, which includes locations in Los Angeles and San Francisco;
GRAND RAPIDS - Late last year when Dell announced its decision to create an integrated marketing and communications agency in a deal that was valued at $4.5 billion in agency billings (code named Project da Vinci), many focused on the $4.5 billion number and the 1000 new employees this agency would need. Others listened to