RESTON, VA - Online spending over the most recent weekend - Dec. 20-21 - total $677 million, nearly twice as high as the weekend nearest Christmas last year, reports comScore, a leader in measuring the digital world. Holiday season spending online for the first 51 days of the November - December 2008 holiday season have
LANSING - As bad as the economy has been in Michigan, a study assessing economic distress among the states based on the foreclosure rate, changes in unemployment and the number of people receiving food stamps shows a number of states rank higher in terms of overall distress. The study, part of the Kaiser Family Foundation's
LANSING - In an effort to help the state's economy, Governor Jennifer Granholm on Tuesday signed legislation expanding job training opportunities in high demand fields, by working with companies that need to develop training for job openings. The bills, SB 1342 (PA 359) and HB 6185 (PA 360), were part of some 48 bills signed
GRAND RAPIDS - Mike Brennan, Editor & Publisher of MITechNews.Com, wishes all of our readers and listeners a Happy Holiday season, and a joyous, healthy and prosperous 2009. If you have a story idea, email it to [email protected] a>>
LANSING - As the self-described toughest year of her administration comes to an end, Governor Jennifer Granholm said Monday that the state had to be "relentless" and "obsessive" in its efforts to restructure the economy, and that despite all the struggles Michigan will be all right in time. "We're a tough state, a tough people,
LANSING - Michigan lost enough people in to lose another congressional seat following the 2010 census - the biggest population loss in the nation. Michigan lost an estimated 46,368 people, or 0.5 percent of its total population, in the last year, according to the U.S. Census Bureau, which released its annual estimates Monday. That means
WASHINGTON - The White House announced a $17.4 billion rescue package for the troubled Detroit auto makers that allows them to avoid bankruptcy and leaves many of the big decisions for the incoming Obama administration. Speaking from the White House, President George W. Bush said the administration decided against forcing a bankruptcy to compel cost-cutting,
WASHINGTON - Treasury Secretary Henry Paulson said Friday he wants Congress to release the second half of the $700 billion financial rescue package, setting up what is expected to be a bruising dialogue with lawmakers from both parties who have expressed frustration with the way he has navigated the financial crisis. Paulson said the $17.4
CHICAGO - President-elect Barack Obama's economic team is crafting a stimulus package to send to Congress worth between $675 billion and $775 billion over two years, according to officials familiar with the package - a final price tag to be even larger. The transition team has conveyed the figures to Capitol Hill, where the package
DETROIT - SenSound, a Wayne State University spin off, has won $100,000 in a National Science Foundation Phase I Small Business Innovation Research grant to develop an innovative technology for conducting diagnosis and prognosis of vibro-acoustic characteristics of complex machines. "The proposed new technology will enable users to get a clear and better understanding of