WASHINGTON - The prospect of a government bailout of General Motors Corp. before the end of the year dimmed Thursday, with a leading Senate Democrat pointing to a lack of political will for a package and the top House Republican assailing the plans. Senate Banking Committee Chairman Christopher Dodd said he knew of no Republicans
GRAND RAPIDS - The nomination deadline for the fifth annual Michigan Celebrates Small Business recognition program for entrepreneurs and supporters of small business has been extended to Nov. 21. In addition, the application deadline for the Michigan 50 Companies to Watch has been extended to Dec. 12. Nomination forms are available now at MichiganCelebrates.Biz Michigan
NEW YORK - The U.S. economy is in the midst of the worst part of the recession, with a recovery starting in the third quarter of 2009, according to economists polled in the latest Wall Street Journal survey. On average the 54 economists surveyed expect gross domestic product to decline 3 percent at an annualized
NEW YORK - Forbes magazine predicts this may be the last holiday season you can dodge sales taxes by buying presents on the Web. State legislators, retailers and lawyers say 2009 may be the year Internet taxes finally come to pass. The idea, which would levy sales tax on most goods bought online, has been
TROY - Employment in the Life Sciences sector grew by 13.2 percent, while employment outside the advanced auto sector was up from 2005 to 2006, a new study by Automation Alley shows. The Fourth Annual Technology Industry Report: Driving Southeast Michigan Forward, also showed the average wage for workers in the Life Sciences sector grew
DETROIT - On Thursday, TechTown launched its International Soft Landings program, designed to ease the transition overseas companies face when they enter the U.S. market by providing them with business services that speed up the establishment of an international branch. TechTown is Wayne State University's 43-acre research and technology park currently incubating more than 50
WASHINGTON DC - The U.S. Department of Energy has issued an Interim Final Rule implementing the Advanced Technology Vehicles Manufacturing Incentive Program, which will provide up to $25 billion in direct loans for manufacturers of vehicles that double today's fuel economy standards. The program is authorized by section 136 of the Energy Independence and Security
GRAND RAPIDS - Internet advertising network Adtegrity.Com reported Tuesday that it reversed a year earlier third quarter loss, and increase quarterly revenues despite a softening economy. Adtegrity.com (Pink Sheets: ADTY) reported unaudited results included net income of $87,000 for the third quarter on net revenues of $3.48 million, compared with a net loss of $986
GRAND RAPIDS - TransCorp Inc, which develops novel surgical instruments and implants, received funding from a group of Michigan investors. But no one is saying how much TransCorp got. TransCorp's new home is the West Michigan Science & Technology offices at Grand Valley State University's Cook-DeVos Center for Health Sciences. Leading the funding was EDF
DETROIT ? Wayne State University's TechTown has partnered with Microsoft to help startup companies create software using tools provided by Microsoft. The new program, called BizSpark, is free to qualifying companies in Michigan. Judy Johncox, Director of Venture Development Office at Wayne State, said TechTown was asked by Microsoft to interview and validate the companies