ANN ARBOR ? Eight Michigan companies recently received a combined investment of $1.8 million from the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan's SmartZones. To date, the Michigan Pre-Seed Capital Fund has awarded 61 Michigan companies with seed funding totaling more than $13.4 million. ?Funding that helps a company bridge the gap between
ANN ARBOR ? Bankrupt Borders Group Inc said Monday it has canceled its auction and will sell itself to a group of liquidators. The No. 2 US bookseller announced the decision, saying it was not able to reach a deal for a going-concern sale to salvage its 400 remaining stores and 11,000 jobs. A liquidation
WASHINGTON DC - The US Transportation Security Agency violated federal law when installing controversial full-body scanners in U.S. airports without following proper procedures, a federal appeals court ruled. The D.C. Circuit Court of Appeals in Washington, D.C., rejected arguments from the Obama administration that the TSA was exempt from laws requiring federal agencies to first
LANSING ? The Michigan Economic Development Corporation Monday announced it has launched a new talent portal on its website designed to help skilled professionals connect with employers. ?Creating more opportunities for employers to find the employees and resources they need to support business growth leads to economic growth,? MEDC President and CEO Mike Finney said.
ROCHESTER - Oakland University industrial and systems engineering students will benefit significantly from a nearly $34 million in-kind software grant from Siemens PLM Software made to the Department of Industrial and Systems Engineering. The in-kind software grant, made through Siemens PLM Software's GO PLM initiative, will provide the college with Tecnomatix software, a best-in-class digital
LANSING - Michigan's film incentive program could have new life under legislation introduced Wednesday in the Senate by Majority Leader Randy Richardville. Earlier this year, the Legislature and Governor Rick Snyder eliminated the state's generous film tax credit program, which provided a 42 percent refundable credit toward a film production's Michigan Business Tax liability, in
LANSING - While final figures will not be available until at least next week, a spokesperson for the Department of Treasury said the department was "very pleased with the results" of the tax amnesty program, which closed June 30. It began on May 15. More than 13,000 taxpayers, both individuals and businesses, participated in the
LANSING ? The Michigan Film Office announced that the feature film "Sparkle" has been approved for a film incentive from the state. The film, set in Detroit during the height of the Motown era, follows the journey of a family of musically-driven sisters as they perform their way up from neighborhood jazz joints to the
SAN FRANCISCO ? A Harris Interactive survey released Tuesday shows two-thirds of online Americans are watching online videos, led by men who watch twice as often as woman. While 17 percent of all online Americans have watched online company videos at their work, that?s not all they admit to watching. The most popular choice was
GRAND RAPIDS - A funeral and burial for former First Lady Betty Ford is slated for Thursday in Grand Rapids. Mrs. Ford, 93, died Friday in California where she and Former President Gerald Ford had retired to after he left the White House in 1977. She will be buried next to him at the Gerald