ANN ARBOR - Every financier, venture capitalist, investor, consultant, banker, and successful entrepreneur talks about managing cash flow, the lifeblood of any old and new enterprise. But few people know or adequately explain what it is, why it is important, how to manage it through ups and downs. Many entrepreneurs also do not realize that
WASHINGTON D.C. - President Obama signed a bill Thursday designed to encourage investment in start-up businesses - expanding "crowd funding" to even more start-ups and small business. "I've always said that the true engine of job creation in this country is the private sector, not the government," Obama said during a signing ceremony in the
DETROIT - The huge task of completing a historic consent agreement with city of Detroit officials to involve the state in city financial affairs was completed Wednesday, setting the stage for the even more monumental task of actually fixing decades of mismanagement that has helped bring the state's largest municipality to the brink of insolvency.
ANN ARBOR - Toyota Technical Center announced Thursday that the company will hire approximately 150 engineers, technicians, advanced researchers and scientists by the end of 2012. Additionally, TTC will add another 100 jobs over the next five years to further advance engine and transmission development for the North American market. The majority of the new
TROY - Genesis10, a New York-based tech consulting company, said Monday that it plans to create another 100 tech jobs in the Detroit area to go along with the 150 jobs the company created in its Troy Delivery Center last year. To help fill those jobs, Genesis10 will host a three-day career open house April
ANN ARBOR - For the second straight year, the University of Michigan ranks first in research and development spending among the nation's public universities, according to the latest numbers from the U.S. National Science Foundation. The annual rankings, released by the federal agency this week, show U-M atop the R&D expenditures list for public universities
WINDSOR, Ontario - Canadian Prime Minister Stephen Harper vented frustration at the owners of the Ambassador Bridge for opposing a new government-led bridge connecting Detroit and Windsor, Ontario. In Windsor on Monday, Harper said the Morouns are wrong to think they own the entire right to public crossings between Detroit and Windsor, CBC reported. "This
LANSING - The Pure Michigan Export Now pilot program will help consumer-product companies in the state sell their products directly to Chinese consumers via the world's largest Internet-based sales platform offered through a partnership between Export Now and the Michigan Economic Development Corporation. The program will be detailed in four informational forums taking place around
GRAND RAPIDS ? Seven teams of entrepreneurs from Grand Valley State University competed in an elevator pitch contest Thursday night, the second half of a business-plan competition that earned the winner $5,000. The winner was a West Michigan company that has developed a break-away coupling for fishing lures that?s currently getting eyed by major sporting
LANSING - Michigan has joined four other Great Lakes states and federal regulatory agencies in a compact designed to outline the requirements for and promote offshore wind energy research in the lakes, Governor Rick Snyder announced Friday. The compact, which includes Illinois, Minnesota, New York and Pennsylvania as well as federal agencies that have regulatory