MACKINAC ISLAND - The United States needs to seize on the opportunity to quickly transform to alternative domestic energy supplies from imported oil, T. Boone Pickens said Thursday, adding that the country is at an energy tipping point and Americans are ready for change. Gov. Jennifer Granholm made a strong pitch for alternative energy as
TROY - Ken Theis, CIO for the State of Michigan, will keynote the Fifth Annual Midwest Technology Leaders conference held June 3 at the MGM Grand Casino in Detroit. Theis will address the ways in which Michigan has continued to deliver increasingly higher standards of service in the face of shrinking budgets and tough economic
CARLSBAD, Calif.- Microsoft Corp. Thursday unveiled a major overhaul to its Internet search engine, as it enters a new chapter in its rivalry with Google Inc. Microsoft is rebranding its search engine, currently called Live Search, as Bing as part of a range of steps to make its search technology more appealing to consumers. The
DETROIT - An ad hoc committee of General Motors Corp. bondholders expressed support for 10 percent of the restructured auto maker under a revised plan. The new proposal, contained in a regulatory filing Thursday, envisions an initial 72.5 percent stake in a new GM being held by the U.S. Treasury in return for enhanced aid,
LANSING - With President Barack Obama's top official to help distressed auto communities present, Gov, Jennifer Granholm said it was impossible to overstate Michigan's need for federal assistance as General Motors considers filing for bankruptcy. Ed Montgomery, named by Obama to oversee aid to auto manufacturing communities, participated in a meeting with Granholm and officials
DETROIT - The Midwest Technology Leaders cocktail reception on June 3, co sponsored by MITechNews.Com, is one of the top networking events of the year. Hosted again at the MGM Grand Casino in downtown Detroit, at the cocktail reception you'll have the chance to: Hear from two top-notch CEOs - Keith Cooley from NextEnergy and
ANN ARBOR - Unsuccessful bankruptcies filed by Chrysler, and soon to be filed by General Motors, would reduce employment in the United States by more than 1.3 million jobs by December 2009 according to a new analysis, released by the Center for Automotive Research. CAR researchers estimate the impact on the U.S. economy of the
LANSING - The head of a business advocacy group charged that the state deliberately shopped around a study of potential ergonomic standards in order to guarantee a favorable report, but the head of the state's occupational safety and health office denied that charge, saying the company that got the project was the only one that
DETROIT - General Motors Corp. said it won't proceed with the repurchase any of the $27.2 billion of notes it sought, saying bondholder interest was far below the 90 percent threshold it was looking for. The auto maker had been seeking to swap the debt for a 10 percent stake in a restructured company that
SOUTHFIELD - Funeral services are pending in Virginia for Lawrence Tech President Emeritus Charles M. Chambers, who died May 20 near his home in Alexandria, Virginia, where he had been battling a brain tumor the past several months. He was 67. Chamber, a founding director of Automation Alley, was a widely accomplished American educator and