NEW YORK - Pfizer Inc. plans to lay off as many as 2,400 sales staff, up to a third of its marketing work force, this quarter as the drug maker reorganizes its commercial side, according to a person familiar with the matter told The Wall Street Journal. The layoffs follow the New York company's recent
LANSING - The Detroit River International Crossing is one step closer to becoming a new route across the nation's busiest border with approval of the environmental study. But the DRIC project still has some substantial hurdles to clear before construction can begin. The Record of Decision by the Federal Highway Administration, issued Wednesday, is the
LANSING - Preliminary indications of what U. S. House Democrats propose in an $825 billion economic stimulus bill were encouraging, but officials in the Granholm administration wanted to see full details of the bill before they could say what the benefit to Michigan could be. They also cautioned that the measure that was released from
RICHMOND, Va. - Circuit City Stores Inc., the second-biggest U.S. consumer electronics retailer, reached an agreement with liquidators on Friday to sell the merchandise in its 567 U.S. stores after failing to line up a buyer or a refinancing deal. Circuit City has about two dozen stores in Michigan. The company, which employs more than
DETROIT - The Michigan Council of Women in Technology Foundation has announced its sixth annual university scholarship, research grant and laptop grant program, aimed at encouraging deserving female students to pursue information technology and technical careers. Deadline for submission is Feb. 27. The 2009 competition commences immediately; and is open to women, of all ages,
DETROIT - General Motors' long awaited announcement of the manufacturer for the lithium-ion battery for its Chevrolet Volt was praised by Governor Jennifer Granholm as another sign that Michigan will be the center for advanced battery technology in the United States. General Motors CEO Rick Wagoner announced on Monday at the North American International Auto
LANSING - A package of bills authorizing a privately-constructed 3.4-mile light rail line in Detroit has been signed by Governor Jennifer Granholm. The bills allow some $100 million in contributions from philanthropists to be used for building the line along Woodward Avenue, connected sporting and cultural venues. The system's operating funds would come from government
WASHINGTON - President-elect Barack Obama's administration and the Congress will need to take more steps to revive the ailing U.S. economy, and the focus should be on strengthening the financial system, Federal Reserve Chairman Ben Bernanke said Tuesday. "The Federal Reserve will do its part to promote economic recovery, but other policy measures will be
LANSING - The time saving convenience of renewing a license plate tab at a Secretary of State Self-Service Station has expanded to allow Ann Arbor residents to pay parking and traffic tickets, Secretary of State Terri Lynn Land announced Tuesday. Customers of the Washtenaw County PLUS Office at 353 N. Maple Road can use the
LANSING - Gov. Jennifer Granholm on Tuesday announced the creation of an IBM global delivery center for application services for state and local governments, which will be located on the Michigan State University campus in East Lansing. The global delivery center will be the first of its kind in the United.States for IBM. The center