DEARBORN - Ford Motor Company said Monday it will offer a new advanced active collision-avoidance technology, Collision Warning with Brake Support, on certain Ford and Lincoln vehicles next year. Collision Warning with Brake Support uses radar to detect moving vehicles directly ahead. When the danger of a collision is detected, the system warns the driver
SOUTHFIELD - With U.S. automakers reporting their worst monthly sales results of the year and no signs of relief expected in 2009, Grant Thornton LLP Corporate Advisory and Restructuring Services now contends that as many as 100,000 industry-related jobs may be at risk. "With a more than 2 million unit sales decline likely this year
WASHINGTON DC - The agreement to limit water exports from the Great Lakes Basin is now federal law. President George W. Bush signed the agreement between the eight Great Lakes states on Friday. Michigan was the last to sign on to the agreement that requires approval by all eight governors for water to move out
LANSING - Jim Epolito, CEO of the Michigan Economic Development Corp., discusses the final phases of the 2008 21st Century Jobs Fund, a program that will provide $30 million in financing to 15 or so promising technology companies in Michigan. About 50 are left after the final cut, but only two in alternative energy, a
LANSING -On April 30, 2009 the Michigan Celebrates Small Business awards will put the spotlight on companies that fuel Michigan's economy. If you know a growing company that?s fueling Michigan?s economy nominate them today for a Michigan Celebrates Small Business award. Nominations are due November 14th with applications due December 5th. Small business is the
LANSING - A three-year phaseout of the surcharge added to the Michigan Business Tax would begin in 2009 under legislation passed by the Senate on a 26-12 vote on Thursday. Also passed was a bill that eliminates current provisions in the MBT that include other taxes a business pays in its MBT base. But in
LANSING - As the Michigan Senate still had not received the property tax measure (HJR III ), which passed the House last week, it appeared the two legislative leaders were conversing on a larger approach to tax reform Wednesday. A spokesperson for House Speaker Andy Dillon (D-Redford Twp.) said Dillon and Bishop were supposed to
LANSING - Most of Michigan's 15-member U.S. House delegation voted against the $700 billion bailout of financial markets, with U.S. Rep. Thaddeus McCotter (R-Livonia) urging his colleagues to vote for freedom in the choice between "bread and freedom." A total of nine members, six Republicans and three Democrats, voted against the measure - which fell
LANSING - Governor Jennifer Granholm has signed the last of the 2008-09 budget bills, giving her approval to the Department of Transportation $3.9 billion spending plan that had been held up over a contentious dispute regarding a new crossing to Canada over the Detroit River. The move came just days before the start of the
NEW YORK - Shares of technology companies took a beating on Monday as the House of Representatives failed to pass a bailout plan for the financial sector. When the dust settled at the end of the trading day on Monday, the Dow Jones index was down more than 777.68, a record point decline, with the