LANSING - There are more video service choices in the state, but fewer people choosing them, while there are more companies taking advantage or electric choice, according to reports issued this week by the Public Service Commission. In video, the number of choices was up, but the number of subscribers was down, the annual report
LANSING - Governor Rick Snyder set the stage for a dramatic restructuring of state government Monday with the unveiling of his administration's report on state finances, revealing the state is mired in short-term borrowing to cover cash shortages and that private sector employees have sacrificed far beyond their public sector counterparts. "Today is a great
LANSING ? Gov. Rick Snyder's agreement with the federal government to tie Canadian money offered for the Detroit River International Crossing to the state's federal matching rate for transportation infrastructure projects is a good deal, road interests say, but does nothing to improve the existing system. "We're encouraged there's a recognition that infrastructure has to
LANSING - A decade ago, most of Michigan's public retirement systems were in splendid shape, but 10 years of economic battering, especially by the stock market, has left the state with an unfunded liability of $15.4 billion, a report by the Senate Fiscal Agency said. The report also said measures undertaken in 2010 to have
LANSING ? Gov. Rick Snyder's mark of $25 million to fund "Pure Michigan" advertisements was well received during a House committee hearing Tuesday on legislation that would allocate more money from the 21st Century Jobs Fund to pay for the popular campaign. Last year, the Legislature appropriated $10 million from the jobs fund for the
ANN ARBOR ? Borders Group will survive to fight another day. The company announced Thursday night that it has received a commitment from GE Capital for $675 million that will provide Borders with the financial flexibility and liquidity to reposition its business model and the Borders brand. "We are pleased that, after a thorough review
DETROIT ? Carolyn Shields is the new dean of the College of Education at Wayne State University. Farshad Fotouhi is dean of the College of Engineering. MITechNews.Com incorrectly reported Shields was the newly appointed Engineering Dean. Our apologies to all for the mistake. a>>
DETROIT ? Biofuels developer NextCAT has received $250,000 in seed funding from Automation Alley to help commercialize biodiesel catalyst technology developed at the National Biofuels Energy Lab at Wayne State University. Founded in 2009, NextCAT is commercializing a class of catalysts that enable producers to use a wide variety of inexpensive feedstock such as waste
LANSING - Officials in the administration of Gov. Rick Snyder hope to release a plain language balance sheet to the public before he unveils his budget proposals for the 2011-12 and 2012-13 fiscal years. With officials now hoping to release the budget by February 17, release of the plain language balance sheet is seen for
MUSKEGON - The Muskegon County Wastewater Management Systems announced Tuesday that it is seeking proposals from utility-scale wind developers interested in developing a project on 11,000 acres of MCWMS property near Lake Michigan. Rodger Kershner and Jon Kreucher of Howard & Howard, who both specialize in the firm's energy and utilities practice, were selected by