ANN ARBOR - The countdown has begun. Great Lakes Entrepreneur's Quest contestants have just this week to complete their executive summary or business plan for the GLEQ Business Plan Competition. The deadline is Friday May 15 at 5 p.m. Here's some important information you'll want to keep in mind: Information guidelines are located on our
ANN ARBOR - Speaking to a crowd of more than 170 bioscience leaders at the MichBio Annual Meeting, Stephen Rapundalo, MichBio president and CEO, said that a growing awareness by state legislators of the industry's economic growth potential has culminated in the formation of a Task Force on Biotechnology as part of the Senate's Economic
LANSING - Across the United States, motorists are losing $335 a year because of the wear and tear on their cars from bad roads, but in Michigan that number is even higher than the national average at $370, according a report released Friday by the American Association of State Highway and Transportation Officials and TRIP,
LANSING - The Michigan Senate Natural Resources and Environmental Affairs Committee reported legislation unanimously Wednesday that would allow residents access to state parks through a $10 fee on their license plates, rather than the current window sticker. But that vote does not reflect expected support on the floor. All committee members, save committee chair Sen.
WASHINGTON - The U.S. recession appears to be losing steam, with growth likely to resume later this year on the back of firmer household spending, a bottoming housing market and an end to inventory liquidation, U.S. Federal Reserve Chairman Ben Bernanke said Tuesday. But Bernanke said that the recovery will probably be slower than usual,
LANSING - Accepting that the hard budgetary medicine was the best course to take, the two legislative Appropriations Committees approved an executive order that will cut the 2008-09 budget by about $350 million. State officials said they hoped these cuts would be the last needed for the current fiscal year, but they could not offer
LANSING - The impact of the state's prolonged economic recession has legislators moving forward on a hire/buy Michigan-first package of bills, which were sent to the full Senate on Tuesday by unanimous votes in the Commerce and Tourism Committee. The action came about a month after Senate Democrats failed to force almost all of the
DETROIT - U.S. vehicle sales turned out even worse than expected in April, muting optimism that the auto market is poised to rebound. Auto makers blamed the high-profile troubles at General Motors Corp. and Chrysler LLC for dragging down sales last month across the industry. Chrysler sought bankruptcy protection on Thursday. "We've been fighting all
MIDLAND - Mid-Michigan Energy, an affiliate of LS Power Group, has dropped plans to build a 750-megawatt coal-fired power plant in Midland. A company official, in a Saginaw News article, cited economic and regulatory barriers to the project, as well as legislation enacted last year limiting customers who would draw power from the plant. But
DETROIT - It's official. Fiat is making a bid for General Motors Europe. If it can do that, the Italian automaker plans to merge Fiat Auto with Chrysler and General Motors Europe and spin that off as a new automaker that will have 80 billion Euros in annual sales, or about $105 billion. But I