SAN ANTONIO ? The new AT&T, formerly Southwestern Bell, posted a 41.5 percent rise in quarterly net profit on Tuesday, as Apple's iPhone helped boost wireless subscriber growth above market expectations. AT&T, the exclusive U.S. service provider for the iPhone, said its third-quarter net profit was $3.1 billion, compared with $2.2 billion in the year-earlier
WASHINGTON DC - With a short notice sent to a handful of Web sites last week, the largest retailer in the world put a damper on the biggest shopping day of the year for die-hard bargain hunters. For those who trawl the Web hoping for any edge in finding the best price on the most
DETROIT - Chevrolet is in the midst of launching Project Driveway, an ambitious program where more than 100 fuel cell electric vehicles will be put in the hands of select consumers for the largest market test of its kind. Testing will take place over the next several months in the Los Angeles, New York and
LANSING ? Michigan Travel web site, Michigan.Org, over the weekend broke the single user record set during 2006, with more than 10 million sessions served. The average daily visit rate is 35,375, up from 28,460 set a year ago. Michigan.Org also dominated the summer season (April through September), taking the title as the No. 1
DETROIT - The law firm of Butzel Long has established two new Alliance offices in Mexico in the cities of Mexico City and Monterrey to go along with existing offices in Shanghai and Beijing, plus nine offices in Michigan, Florida, Washington D.C. and New York City. The new Alliance offices in Mexico are part of
NEW JERSEY ? Pfizer, Michigan?s biggest life sciences employer, reported Thursday that its third-quarter net income dropped 77 percent after the company decided to drop Exubera, its inhaled insulin product, which forced Pfizer to write off $2.8 billion. Pfizer, which is in the process of abandoning its operations in Ann Arbor and Holland, MI., still
LANSING ? Michigan Business leaders are reluctantly acknowledging that if the controversial new sales tax on services is repealed before December 1 it will have to be replaced with some other source of state revenues and discussions have been held with state leaders on what those tax options are. Among the tax possibilities that have
LANSING - The Michigan Senate Energy Policy and Public Utilities Committee will adopt goals next week to help create a long-term energy policy for the state. Committee Chair Sen. Bruce Patterson (R-Canton) urged the parties to have their comments on goal statements that had already been proposed, as well as any additional proposed goals, submitted
TRAVERSE CITY ? Social media is an essential marketing tool for connecting with an online audience and driving business to your eCommerce site during the 2007 holiday shopping rush, contends a new study. The study, Secrets of Social Marketing Success: How 2007 Hot Holiday Products are Being Marketed Online is the first in a two-part
LANSING ? A new interactive marketing group aimed at raising the visibility of the more than 600 life sciences, biotech and pharma companies in Michigan officially launches Tuesday at the MichBio Expo at the Lansing Center. The privately funded Michigan Life Sciences Network is the brain child of Michael DeBiak, the founder of Nucleus Communications.