LANSING - While there are parts of the Michigan Business Tax that could be tweaked, a major overhaul of the tax would create uncertainty once again in Michigan's business climate, which would have a bad effect on economic development, officials representing the Michigan Chamber of Commerce told the House Tax Policy Committee on Wednesday. Curtis
TROY - If your company is involved aerospace, defense, and homeland security; life sciences and biotechnology; cleantech; information and communications technology; nanotechnology; and renewable energy, Automation Alley wants you to sign up for its next trade mission to Israel this October. The six-day mission, from Oct. 23-29, will visit Jerusalem, Tel Aviv and Haifa. Automation
LANSING - Michigan officials, noting the impact the long economic slump is having on the state, welcomed President Barack Obama's proposals Tuesday to boost support for community colleges over the next decade. The president said the American Graduation Initiative is a way to provide higher training to workers whose jobs have been permanently lost in
SCHAUMBURG, Ill. - Toda America is scouting locations in Michigan and South Carolina to build a new lithium-ion battery cell production factory. Toda America wants to find a shovel-ready site, contingent upon winning a Department of Energy grant under the Recovery Act - Electric Drive Vehicle Battery and Component Manufacturing Initiative to be awarded in
REDMOND, Wa. - Microsoft recently provided a "Technical Preview" of Office 2010 highlighting new capabilities such as lightweight, Web-based versions of Word, PowerPoint, Excel and OneNote, all accessible via desktop, mobile device, and through Web browsers Internet Explorer, Firefox, and Safari. Other standout improvements include new cut-and-paste features for Word and new ways to broadcast
ANN ARBOR - Accuri Cytometers Monday announced the completion of a $4 million Series D financing round from current investors Fidelity Biosciences, Flagship Ventures, Baird Venture Partners and Arboretum Ventures, as well as the InvestMichigan! Program co-managed by Credit Suisse. The money will be used to finance working and growth capital to support its C6
LIVONIA - Quicken Loans, unable to secure a construction loan for a new headquarters in downtown Detroit, will instead move its 1700 employees to leased space in the Compuware Building by mid-2010, some 18 months earlier than planned. In November 2007, Quicken Loans announced it would relocate its headquarters to a newly constructed building in
DETROIT - Finally some good economic news in Michigan. On Friday morning, the new General Motors Co. exited Chapter 11 protection, with the auto maker emerging as a leaner, more-focused manufacturer, with only four brands. At a Detroit press conference, GM Chief Executive Frederick "Fritz" Henderson announced the birth of a "new GM," committed to
WASHINGTON - Effective July 10, small businesses that would otherwise have difficulty securing private equity or venture capital may find funding easier to get as a result of changes made as part of the American Recovery and Reinvestment Act to the U.S. Small Business Administration's Small Business Investment Company program. "The Recovery Act expands SBA's
GRAND RAPIDS - The Great Lakes Entrepreneur's Quest, The West Michigan Science & Technology Initiative and Grand Valley State University are sponsoring a community conversation with West Michigan residents to discuss entrepreneurship and how the state can best foster growth of entrepreneurial activity. This free Grand Rapids event is one of four facilitated conversations organized