LANSING ? Gov. Jennifer Granholm has created a body aimed at trying to reduce the state's greenhouse gas emissions at the same time she joined other Midwest governors in launching a carbon emissions trading program and working to promote alternative fuels. Granholm was one of 12 governors and Canadian premiers to sign an agreement Thursday
LANSING - The proposed $2 million cap to a Michigan Business Tax surcharge that is part of House's suggestion to eliminate and replace the expanded sales tax on services was in the crosshairs of majority Republican members of the Senate Finance Committee during a hearing on Thursday. The cap unfairly shifts the tax cost to
ANN ARBOR - Like Biblical times, Michigan's economy has seen seven years of economic plenty, followed by seven years of economic famine, but the state's pain is not yet over, University of Michigan economists said Friday during its annual forecast for the state. "During the seven-year interval ending in mid-2000, the state basked in its
LANSING - Environmental groups and fishing enthusiasts argued Wednesday that a package of bills to implement the Great Lakes Water Compact, at least as currently structured, could mean damage to rivers and streams around the state. But Sen. Patricia Birkholz (R-Saugatuck Twp.), sponsor of some of the bills and chair of the Senate Natural Resources
LANSING - Since the first checks were written a little more than seven months ago, the two funds the state set aside to invest in new businesses to spur economic growth, especially in the life sciences and new technologies sectors, have had exciting results, already attracting venture capitalists from across the country to invest in
ANN ARBOR - Despite a slumping housing market, rising oil prices, flat auto sales, a weak U.S. dollar and waning consumer confidence, America's economy will not slip into recession, say University of Michigan economists. "There is enough resilience in the economy to keep output expanding," said Saul Hymans, U-M professor emeritus of economics. "The Federal
DETROIT - The Michigan Council of Women in Technology on Tuesday announced that General Motor's Adriana Karaboutis has been appointed president of the organization. Karaboutis, GM's global purchasing and supply chain process information officer in the Information Systems & Services organization, replaces Cherri Musser. Karaboutis brings extensive technology expertise to the presidency of MCWT. At
BATTLE CREEK ? Battle Creek Unlimited, the economic development arm of south central Michigan, announced Tuesday it will manage and source the Michigan Homeland Security Consortium's Resource Fund, to pump money into promising homeland security start ups. The fund, conceived of by the Consortium's Chairman Keith Brophy, will support Michigan state-based businesses and entrepreneurs through
ANN ARBOR - Merit Network Inc. has completed Phase I of its fiber network expansion in Michigan's Upper Peninsula, connecting Michigan Technological University, Northern Michigan University, and Lake Superior State University ? marking the first time networking services have been delivered in the U.P. through diverse paths at gigabit speeds. In partnership with Peninsula Fiber
ANN ARBOR ? Higher food prices helped drop the University of Michigan?s American Customer Satisfaction Index for the first time since early 2005, making it likelier that consumers will spend less during the Holiday sales season than they did a year ago. The Index slides 0.1 percent to 75.2 on its 100-point scale, but it