TRAVERSE CITY - Michigan and Ohio have the opportunity to provide more power than they need just from offshore wind turbines, according to recent studies. And Ohio could have the first turbines on the lakes given the progress on projects and applications. But there are still some questions on the cost and viability of such
LANSING - Michigan.Gov has a whole new look. A revamped homepage for the state went live over the weekend. Redesigned after Department of Information Technology officials conducted focus groups with the general public and with the age group most connected to the Internet, young people (in this case, students at Michigan State University). As a
WASHINGTON - On June 15, the SBA began accepting loans for a temporary new program called America's Recovery Capital - loans of up to $35,000 designed to provide a bridge for viable small businesses with immediate financial hardship - to keep their doors open until they get back on track. "These ARC loans are another
CHICAGO - Global Automotive Barometer survey of A.T. Kearney and SupplierBusiness reveals severe sales declines, high risks for business disruptions and a lack of sustainable strategies to overcome the crisis. The opinion of suppliers about the business situation compared to two months ago has deteriorated for North America while more positive opinions are expressed for
EAST LANSING ? Kinetic Wave Power, which harnesses the power of ocean waves to generate electricity, was named the grand prize winner Thursday night at the Great Lakes Entrepreneurs Quest spring 2009 business-plan competition. Kinetic Wave Power won $25,000. Kinetic Wave Power won the Emerging Business Category, after best five other finalists in the elevator
LANSING - Setting the stage for a more restrained 2009-10 budget, the Senate began passing appropriations bills on Thursday that reflected a tougher line on overall budget cuts, with Republicans aiming to slice 15 percent from the recommendations of Governor Jennifer Granholm. But efforts to pass a budget for the State Police stalled, though a
DETROIT - Chrysler LLC and Fiat SpA closed their government-brokered alliance Wednesday, a day after the U.S. Supreme Court removed the transaction's last remaining obstacle. The Supreme Court late Tuesday rejected creditors' objections, paving the way for Chrysler to emerge from bankruptcy protection. The auto maker filed for bankruptcy on April 30, and the government
LANSING - Wholesale tax changes - implementing a graduated income tax, levying a sales tax on services and eliminating personal property taxes and the Michigan Business Tax surcharge for businesses - were some proposals pitched to the House Tax Policy Committee on Wednesday as advocates said the initiatives would both address the state's structural deficit
DETROIT - Former AT&T Corp. Chairman and Chief Executive Edward E. Whitacre Jr. will become chairman of General Motors Corp. when the company leaves bankruptcy, GM said Tuesday. Interim Chairman Kent Kresa, who will continue in that role until the launch of the "new" GM, said in a statement the appointment is "a very auspicious
DETROIT - Anyone in Southeast Michigan who's thinking about their next career move is invited to attend FastTrac to the Future - The First Day of Your Entrepreneurial Adventure, a free all-day conference at Wayne State University that will provide a jump-start on the road to entrepreneurship. FastTrac to the Future is June 24 from