DETROIT - The Southeast Michigan Purchasing Managers Index (PMI) dropped in July to 51.7, suggesting the start of an economic slowdown in Southeast Michigan. An index number above 50 indicates growth in the economy, but the growth rate declined each of the past five months. Wayne State University School of Business Administration faculty members and
DETROIT ? MITechNews.Com Editor Mike Brennan will be a guest Saturday at 4:15 pm on WJR Newsradio 760AM to discuss his new cyber crime novella, Cyber Styletto, which paints a startling picture of the cyber war raging on the Internet today. Brennan will be joined in the segment by Richard Stiennon, a noted cyber security
LANSING - As other states venture into taxation on e-commerce, the bankruptcy and liquidation last month of Ann Arbor-based bookseller Borders may spark the debate in Michigan. On Monday, U.S. Rep. John Conyers Jr. (D-Detroit) lent his support to the Main Street Fairness Act, legislation introduced in the U.S. House and Senate that would allow
GRAND RAPIDS ? A $400,000 grant from the Michael J. Fox Foundation for Parkinson's Research is helping researchers from Michigan State University's College of Human Medicine, Van Andel Research Institute, and the Translational Genomics Research Institute investigate a drug that has the potential to not only alleviate Parkinson?s symptoms, but also to halt the disease's
GRAND RAPIDS - C/D/H announced a 35 percent growth in their consulting staff with their purchase of the Plante & Moran Web Development/SharePoint team based in Southfield. Terms were not announced. This addition, along with C/D/H?s existing Microsoft SharePoint consultants, makes the C/D/H SharePoint consulting group the largest one of its kind in Michigan., the
DETROIT - Business Leaders for Michigan released some preliminary findings of its study on the state's metropolitan communities Thursday, finding that while they offer green jobs and product exports, there is also low educational attainment among residents. "The business leaders of our organization recognize the importance of vibrant cities to growing the state's economy and
SAN FRANCISCO - Anonymous is lashing out at the FBI and especially at PayPal, urging users of the electronic payments site to dump their accounts. In its latest "official communique" on behalf of itself and Lulz Security, the hactivist group condemned the FBI for its recent arrests of those charged in connection with hacking attacks
LANSING ?The Michigan Economic Development Corporation Wednesday announced that the Michigan Strategic Fund is awarding $25 million to eight organizations that will support entrepreneurs in launching and growing start-up companies throughout the state. ?Early-stage companies require seed capital and access to a strong network of public and private resources,? said MEDC President and CEO Michael
LANSING - The U.S. Small Business Administration, State of Michigan Retirement Systems, The Dow Chemical Company and InvestAmerica have partnered to provide Michigan businesses with debt and equity funding through the $130 million InvestMichigan! Mezzanine Fund. The fund will invest in lower-middle-market Michigan companies over the next five years. The InvestMichigan! Program funds focus exclusively
DETROIT - Blue Cross Blue Shield of Michigan, Compuware Corp., DTE Energy, Quicken Loans Inc. and Strategic Staffing Solutions Tuesday announced a five-year, more than $4 million Live Downtown initiative that will provide cash incentives to employees who choose to move to Downtown Detroit and live where they work and play. Live Downtown is a