LIVONIA - The tight talent market in Michigan is driving employers to increase variable compensation programs - better known as incentive pay - in order to compete for and retain high-performing employees, a recent survey contends. The survey shows in 2014, by the American Society of Employers, with 73 percent of employers offering bonuses to
EAST LANSING - Michigan State University?s newest department has received a $500,000 gift to attract some of the country?s most talented graduate students in biomedical engineering. Jack and Dottie Withrow of Naples, Fla., who are longtime supporters of the MSU College of Engineering, have established the Withrow Endowed Graduate Fellowship in the Department of Biomedical
STAMFORD, Conn. - Video calling is growing into a key mainstream activity on smartphones, with high adoption rates in some markets, according to a survey by Gartner Inc. The survey results showed adoption is markedly skewed toward the younger demographic, with video calling in the 18 to 24 age group reaching 53.5 percent in the
LANSING - The Michigan Strategic Fund has approved a $22.5 million investment in a new private equity fund that will provide growth funding for Michigan automotive suppliers, the Michigan Economic Development Corporation announced Tuesday. The loan funding under the MEDC Capital Conduit Program went to Grow Michigan Holdings, LLC, to be invested as Michigan Capital
ANN ARBOR - In their annual November forecast of the Michigan economy, George Fulton and colleagues Joan Crary and Donald Grimes, University of Michigan economists,say the state will add more than 132,000 jobs over the next two years. All told, Michigan will have added nearly 463,000 jobs during the economic recovery from summer 2009 through
ANN ARBOR - America's economy should grow at its fastest pace in a decade in 2015, and continue that stronger pace of growth into 2016, economists said at a conference in Ann Arbor on Thursday. That growth could result in more than 5 million jobs created in the United States during those two years, the
ANN ARBOR - Blaze Medical Devices, which is developing novel blood analysis technologies, announced that it has been awarded a $200,000 Phase I SBIR grant from the National Institutes of Health in collaboration with University of Michigan Health System?s Blood Bank. The focus of this grant is to study the strength of correlation between red
DETROIT - Gov. Rick Snyder unveiled the Michigan Cyber Initiative 2015 to an audience of nearly 700 information technology experts and professionals on Monday during what he billed as the North American International Cyber Summit in Detroit. Snyder, who was re-elected earlier this month for a second four-year term, outlined an ambitious plan over the
LANSING - Long-stymied efforts to increase funding for Michigan's battered roads won a momentous victory Thursday in the Senate with the passage of legislation that hopes to eventually raise more than $1 billion through doubling the gasoline tax. It took several attempts on an updated version of the bill it last attempted to pass in
WASHINGTON DC - In the wake of President Obama's call for the Federal Communications Commission to adopt tighter regulations to preserve a free and open Internet, the agency's chairman is reportedly considering a different tack. FCC Chairman Tom Wheeler said during a meeting Monday with executives from major Internet companies that he was considering an