DETROIT - Strategic Staffing Solutions, the Detroit-based global information technology services company, reported Wednesday earning $160 million in revenue for 2008, marking its 19th consecutive year of growth. The company did not provide any profit figures. "Our results for 2008 are particularly gratifying and noteworthy in view of what happened to the U.S. and world
LANSING - With the United States in one of its worst post-war recessions, it will take the country's recovery through the financial bailout, lower oil prices, government stimulus, plain old time, and for the auto sector to be stabilized, for Michigan to rebound, House Fiscal Agency Director Mitch Bean told the chamber on Thursday. Bean
LANSING - Business groups and some lawmakers expressed continued concern Thursday for a 12-bill package aimed at requiring, to the greatest extent possible, that companies receiving economic development incentives hire Michigan workers. The 'Hire Michigan First' legislation, sponsored by House Democrats and before the House Commerce Committee, would put a "laser-like" focus on the state's
LANSING - A somber vision of a Michigan future that is less auto-reliant and home to new jobs in the energy sector was painted by Governor Jennifer Granholm in her seventh State of the State address. But the governor also pointed to successes even as the state endures the nation's longest and deepest recession, notably
ANN ARBOR - Registration for the next round of the GLEQ Business Plan Competition opened on February 4. The registration deadline is March 30, but interested entrepreneurs are encouraged to register early. GLEQ matches participants with business coaches that advise them while they work on their business plan ? early registrants have more time to
LANSING - Fourteen projects provided tax credits by the Michigan Economic Development Corp. are expected to create nearly 9000 jobs and generate $330 million in new investment in the state. The word came from Gov. Jennifer Granholm Tuesday. She said in a press release that the Michigan Economic Development Corporation is helping 10 companies grow
WASHINGTON - Republican senator Judd Gregg on Tuesday officially became President Obama's nominee for secretary of commerce, bringing a pro-business and pro-law enforcement record to a cabinet position with significant influence over the new administration's technology policies. In remarks at the White House, Obama called the New Hampshire senator "an outstanding addition to the depth
LANSING - A plan to slash use of coal-fired electric plants, encourage homeowners and small businesses to install energy-saving measures such as furnaces and new windows, weatherize 100,000 homes, change rate-setting standards to reward small-scale solar/wind energy production and a push to upgrade the electric grid were outlined by Governor Jennifer Granholm in her State
WASHINGTON - President Barack Obama plans to unveil a series of new pay curbs Wednesday, including strict limits on executive salaries, the latest salvo from Washington aimed at reining in financial firms receiving federal assistance. Among the new restrictions being considered is a $500,000 cap on salaries for executives at companies that receive a substantial
DETROIT - Compuware said this week that its fiscal third-quarter profit fell to $35 million from $35.6 million last year. On a per-share basis, earnings rose to 14 cents from 13 cents in the year-ago period, as shares outstanding fell to 246.8 million from 282.5 million last year. Excluding one-time items, the information technology company