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
DETROIT - General Motors Co. has been in talks with former product chief Robert Lutz about bringing him back as a paid consultant, The Detroit News reported Wednesday. The details were unclear, but the 79-year-old Lutz continues to have a close relationship with GM, and the two have been in discussions about formalizing an advisory
ANN ARBOR ? Borders Group filed for Chapter 11 bankruptcy protection Wednesday in a Manhattan court, a month after it warned it may be forced to restructure. Borders said it could close up to 30 percent of its 644 stores nationwide and in Puerto Rico in the coming weeks. In its bankruptcy petition, Borders listed
LANSING - The first shockwaves already are emanating from Gov. Rick Snyder's expected budget proposal for the 2011-12 fiscal year with sources telling Gongwer News Service that Snyder plans a 15 percent cut in aid to public universities and a cut of about $200 million in revenue sharing to local governments. Sources also told Gongwer
LANSING ? Major Michigan employers continue to come out in support of an additional bridge connecting Detroit to Windsor, Ontario. Five West Michigan companies jumped on the band wagon Tuesday. Meijer, Amway, Steelcase, Kellogg Co. and Wolverine World Wide, emphasized the benefits to West Michigan and the entire state. The proposed crossing is a public/private
DETROIT - It isn't very often that you see Roger Penske fail at anything, but selling smart cars in the American market even proved to be too much for Mr. Penske. Mercedes-Benz USA is going to take over the distribution of smart from the Penske Automotive Group, The Car Connection reported Tuesday. Interestingly, Mercedes is