LANSING - A proposal to loosen restrictions on embryonic stem cell research in Michigan led 54 percent to 46 percent in exit poll data reported by several news sources. Proposal 2 would amend the state constitution to allow Michigan researchers to use embryos leftover from fertility treatments to create embryonic stem cell lines for disease
WASHINGTON DC - State and local governments should expect to see negative repercussions from the fallout of the global financial crisis, especially in terms of overall tax collections, contends a paper released by the US Senate Fiscal Agency. The paper, part of the state notes section of the SFA that is issued every two months,
LANSING - Michigan Department of Treasury officials hope to complete action on a $600 million short-term borrowing to help with state cash flow by next week. The borrowing was delayed by a month because of instability in the credit markets, although the state has been rated at MIG-1 for the borrowing by Moody's Investors Services.
RESTON, Va. - The strongest growth in iPhone sales is coming from those earning less than the median household income because the Apple 3G device produces cost savings because it is used by this group as a single black box device replacing multiple digital services. The ComScore study also shows that 43 percent of iPhone
CASCADE TOWNSHIP - Christian book publisher Zondervan will soon close on BibleGateway.com, a well used nonprofit Bible search engine, which it is purchasing from Gospel Communications of Muskegon. The agreement signed Monday includes the Bible search engine, which averages six million different users each month, and Gospel.com, a central Web site for more than 250
LANSING - Michigan political leaders and governors of other auto industry-heavy states are seeking federal involvement in a potential merger of General Motors and Chrysler, with many saying the job losses from that consolidation would not be as bad as a company disappearing entirely. The Michigan Economic Development Corporation is also convening a meeting on
DETROIT - Autoline has launched the online version of its popular television show, called Autoline Daily, the world's first daily global auto new program. Competitor Automotive News is expected to follow suit in November. The five-minute daily newscast, which will be posted at select sites on the World Wide Web every Monday through Friday at
DETROIT - A merger between General Motors and Chrysler LLC would cost jobs in every state in the nation, but Michigan would take the brunt of the job and revenue losses, a report by an economist said. State officials have not yet worked out a projection on what the state could face in terms of
WASHINGTON DC - The Detroit-Warren-Livonia metropolitan area posted the second highest jobless rate in the nation for the month of September, according to data released Wednesday by the U.S. Bureau of Labor Statistics. The bureau reported that of the 49 metropolitan areas across the country with a population of 1 million or more (according to
TROY - Automation Alley Executive Director Ken Rogers has been given the CEO Award of Excellence in Economic Development from the Michigan Economic Development Corp. Rogers has been instrumental in the success of Automation Alley. Since its inception in 1999, the organization has grown from 44 members to more than 950. Under Rogers' leadership, nine