VANCOUVER, CANADA ? Daimler AG will be the majority shareholder in a new partnership with Ford Motor Company and Ballard Power Systems to develop fuel cell technology for cars and buses. Automotive Fuel Cell Cooperation will be managed by Daimler and Ford with their collective 80.1 percent stake in the new company, while Ballard will
ANN ARBOR ? Here's something ever entrepreneur needs to know ? how to increase your start up's sales, profits as well as build a championship executive team. The Dec. 3 event is sponsored by Great Lakes Entrepreneur's Quest and NextEnergy. Denise Roberts, a nationally recognized public speaker with expertise in prospecting, networking and teaching how
LANSING - Instead of paying the maligned services tax, businesses would instead tack a surcharge onto their Michigan Business Tax liability under legislation that passed contentiously late Thursday. But House Speaker Andy Dillon (D-Redford Twp.) said after the vote he's leaving the door open to possible changes in the bill headed up by a proposal
TRAVERSE CITY ? Another Angel investing group has been formed in Michigan, this time in Traverse City and it's appropriately enough named Traverse Angels. The group was officially launched Tuesday at the Traverse City Business Expo. A section of the expo was called Tech City and was co hosted by GLIMANorthwest and Microsoft. Traverse Angels
DETROIT - General Motors Corp. on Wednesday announced it had lost $38.6 billion in the third quarter, the highest ever reported by the world?s largest automaker, but the good news is it was primarily a noncash loss stemming from write downs on tax credits from the sub prime mortgage crisis. The write downs, analysts warn,
LANSING - The first-year surcharge to replace the sales tax on services on the Michigan Business Tax would be 32.9 percent under a draft that is to be taken up in the House on Thursday, a far higher rate than the range that has been under discussion since the Michigan Manufacturers Association first launched the
MOUNTAIN VIEW, Ca. - In much the same way it changed the wired Internet, Google plans to revolutionize the mobile Web through its new open software platform. Google's cell phone strategy took shape Monday with the announcement of a new open software platform and an alliance of wireless heavyweights that will help form the development
REDMOND, Wa. - Microsoft thinks it has found the right price for its enterprise search tool: free. Starting next year, the company plans to give away a new product, dubbed Microsoft Search Server 2008 Express, which enables workers to see a collection of search results spanning databases, internal computer systems, and the Internet. In addition
LANSING - While lawmakers and outside influences have put on a major push to repeal or at least delay the new sales tax on services before its scheduled December 1 launch, officials with the Department of Treasury are telling businesses to be ready for the tax to take effect on December 1. So much opposition
DETROIT -- United Auto Workers President Ron Gettelfinger and his lieutenants will meet Monday afternoon with local union leaders trying to build support for a tentative contract reached with Ford Motor Co. over the weekend. The agreement, which is regarded as a landmark concessionary deal that will help the company better compete against Asia-based rivals,