Events/Announcements

Granholm Proposed Tax Hikes, Cuts To Balance $2.8 Billion Budget Deficit

LANSING - Gov. Jennifer Granholm made public her proposed solution to the 2009-10 and 2010-11 budgets on Tuesday, calling for a 1-cent per bottle tax on bottled water, extending the sales tax to tickets for live entertainment and a 25-cent per pack increase in the cigarette tax. Granholm's much-anticipated proposal, coming after she took weeks

By |2009-09-08T00:00:00-04:00September 8th, 2009|Archive, Events/Announcements|

Michigan House Budget Deadline: 27 Days To Go

LANSING ? Michigan House Democrats huddled for about five hours Wednesday, receiving a detailed update about where the budget stands, how much revenue certain tax increases could raise and discussing their options, but caucus leaders did not present a concrete plan. Meeting at the Radisson Hotel Lansing behind closed doors, sources, speaking on condition of

By |2009-09-03T00:00:00-04:00September 3rd, 2009|Archive, Events/Announcements|

OECD Sees Faster Global Recovery

PARIS - The Organization for Economic Cooperation and Development Thursday said the global economy is emerging from its worst slump since Second World War faster than it had forecast only three months ago. In a twice-yearly update to its main economic forecasts, the OECD said the drag on growth from the drawdown on inventories appears

By |2009-09-03T00:00:00-04:00September 3rd, 2009|Archive, Events/Announcements|

TACOM Awards iRobot $35.3 Million Contract To Build Bomb Handling Robots

BEDFORD, Mass. - iRobot Corp. Tuesday announced that it received its biggest order ever from the military, a $35.3 million contract from the U.S. Army TACOM Contracting Center in Warren to build nearly 500 special robots that pick up and identify improvised explosive devices. The order falls under the $286 million Indefinite Delivery/Indefinite Quantity (IDIQ)

By |2009-09-01T00:00:00-04:00September 1st, 2009|Archive, Events/Announcements|

eBay Sells Skype In $2 Billion Deal

MOUNTAIN VIEW, Ca. - eBay announced Tuesday that it is selling its Skype unit to an investor group that includes Netscape founder Marc Andreessen's new venture. Under the deal, eBay will receive approximately $1.9 billion in cash and a note from the buyer in the principal amount of $125 million, for a total of $2.025

By |2009-09-01T00:00:00-04:00September 1st, 2009|Archive, Events/Announcements|

Granholm Gives State Unions 30-Day Layoff Notice

LANSING - Gov. Jennifer Granholm gave state employee unions 30 days notice Friday of possible layoffs due to the lack of a completed budget for the 2009-10 fiscal year that starts October 1. Although the governor's office stressed that it was only following contractual obligation in notifying employees of layoffs and has no plans of

By |2009-08-31T00:00:00-04:00August 31st, 2009|Archive, Events/Announcements|