ANN ARBOR ? Twenty four teams from the University of Michigan received awards and grants totaling more than $106,000 for excellence in business plans and concepts from the Michigan Business Challenge and Eugene Applebaum Dare To Dream Grants. The announcement was made by the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at
MANISTEE ? Duke Energy filed a proposal last week with DTE Energy to develop a $360 million wind power project in Benzie and Manistee counties that could generate up to 200 megawatts of renewable electricity to power about 60,000 homes. The project could eventually cover up to 16,000 acres. The proposed wind farm, the Gail
LANSING - Another $10 million to fund the Pure Michigan tourism campaign in the current year won overwhelming approval Tuesday in the Senate, ensuring the campaign can purchase regional spring, summer and fall advertising. The bill (SB 110 ) would draw the money from the 21st Century Jobs Fund and change statute to make tourism
LANSING - Saying Michigan has not faced up to the financial necessity of fixing its overall budget and tax structure, Governor Rick Snyder unveiled the most sweeping overall changes to the state's fiscal and revenue structure in decades. The measures proposed to the more than $46 billion budget were hard and would be difficult to
LANSING - Michigan residents would play a greater role in financing the operations of the state, while businesses would pay significantly less under the tax proposals made Thursday by Governor Rick Snyder. And recognizing the political difficulty of approving the different proposals, Snyder is attempting a novel effort at forcing lawmakers to either take the
MOUNTAIN VIEW, Ca. - PayPal was hit by an outage early Friday morning that prevented customers from using the online payment service for more than an hour. The outage started at 12:11 am PT, according to PayPal's Developer Network. PayPal said it was resolved by 1:23 a.m. PT, though the company acknowledged that access to
YPSILANTI ? The New Enterprise Forum celebrated its 25th anniversary Thursday night at Eastern Michigan University's Student Center where Tom Porter received the 1st Annual Tom Porter Leadership Award ? an honor that acknowledged his outstanding contribution to the advancement of the entrepreneurial community. Dick Sarns received a 25th anniversary Lifetime Achievement Award for his
LANSING - Governor Rick Snyder saw one of the products of the film production tax credit used against him in coverage of his plan to eliminate the program as part of his 2011-12 budget. The Los Angeles Times led its story on the proposal not with a picture of Snyder, but of Clint Eastwood as
LANSING - Gov. Snyder proposed major changes Thursday to the Michigan?s tax system, which includes the promised elimination of the Michigan Business Tax, to be replaced with a flat Corporate Income Tax set at 6 percent. The plan includes the scheduled reduction in the individual income tax rate from 4.35 percent to 4.25 percent. Because
OTTAWA, Canada - A cyberattack against Canada that tried to access classified government information and forced two key departments to go offline has been traced back to China, according to a story today from CBC News. Sources told the CBC that the attacks were initially discovered in early January but that it's unknown whether the