LANSING - Michigan has the fifth-worst business climate in the nation, at least in terms of the perception of 556 CEOs who participated in the annual Chief Executive magazine survey ranking the states' business climates. The survey is not based on metrics, but the general perception participating CEOs have of each state's business climate. The
LANSING - For years now, the story has been that young people leave Michigan in search of jobs and more exciting places to live. If Governor Rick Snyder and the forces at the Michigan Economic Development Corporation are successful in their new development strategy, young people will want to remain in Michigan and will have
DETROIT - Grants totaling $200 million from the federal government will help put Michigan on the rails for high-speed, or at least higher speed, train service, Governor Rick Snyder and U.S. Transportation Secretary Ray LaHood announced at a news conference in Detroit on Monday. The funds will focus on improving the track lines from Dearborn
DETROIT ? Led by sales of fuel-efficient passenger cars and crossovers, General Motors reported April sales were up 27 percent from a year ago. April also was the best sales month for the Chevrolet Cruze and record sales for the Chevrolet Equinox and GMC Terrain compact crossovers. Retail sales, those to individual customers, rose 25
AUBURN HILLS - Chrysler Group LLC, 25 percent owned by Italy's Fiat SpA, posted its first quarterly profit in five years Tuesday - $116 million in the first quarter of 2011 compared with a net loss of $197 million in the year-ago quarter. Operating profit, excluding taxes, interest and pension-related costs, more than tripled to
GRAND RAPIDS ? The West Michigan Science & Technology Initiative has been awarded a $100,000 grant from the Michigan Economic Development Corporation's Michigan Strategic Fund to offer access to its high-tech Venture Center for business incubation and acceleration in the life science industry. WMSTI will use the grant to: Launch an affordable ?mini-lab? option that
DEARBORN - Consumer demand for Ford's fuel-efficient vehicles continues to grow, with April sales increasing 16 percent versus a year ago and year-to-date sales up 16 percent ? totaling 686,498 vehicles. ?With gasoline prices eclipsing $3.90 a gallon, consumers are placing an even higher priority on fuel efficiency in every size and kind of vehicle,?
CHICAGO ? With the nation's employers finally beginning to ramp up hiring, this year's crop of nearly 1.7 million college graduates should enjoy the most welcoming entry-level job market in the past three years. However, finding a position will by no means be easy and many spring graduates may have to settle for less money
TROY - The East Michigan District Export Council will host a day-long seminar on May 25 to look at trade opportunities in South Korea. The event will take place at the Management Education Center in Troy. Registration Fee: $60 Includes Breakfast & Lunch. Agenda: 8:30-9:30 Registration and Networking Breakfast 9:30-9:45 Welcome Terry Kalley, Chairman, E.
LANSING ? If you want to learn how you can sell your products or services to the State of Michigan, you're going to want to attend Contract Connect on June 7 in Lansing. The topic of the afternoon program is ?Elements of a Quality Proposal.? It will educate vendors on the expectations of State bid