LANSING - Agriculture contributed $91.4 billion and 923,497 jobs to the state's economy in 2010, according to a report released Wednesday by the Michigan State University Product Center. But most of both the economic benefit and the jobs come after products leave the farm, the study showed. The overall numbers showed the sector is growing,
FARMINGTON HILLS - A new study says the Brazil, Russia, India and China nations have increased their lending to businesses by double digits since the collapse in 2008 of Lehman Brothers while the United States and many European economies have seen lending fall by double digits, threatening their economic recovery. Research from UHY, the international
STAMFORD - Worldwide PC shipments totaled 89 million units in the first quarter of 2012, a 1.9 percent increase from the first quarter of 2011, when shipments reached 87.3 million units, according to preliminary results by Gartner. These results exceed Gartner's earlier projections of a 1.2 percent decline for the quarter. "The results were mixed
ANN ARBOR ? University of Michigan economists issued a mid-year report that said the Michigan economy is beginning its third year of recovery after exiting a debilitating recession at the end of 2009. But revised data shows the recovery has been a little stronger than initially thought - a gain of 121,600 jobs over the
WASHINGTON D.C. - The nation's major wireless providers have agreed to a deal with the U.S. government to build a central database of stolen cellphones, what the Wall Street Journal called part of a broad effort to tame an explosion of thefts nationwide. The database, which the wireless companies will build and maintain, will be
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
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
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.