DETROIT- Vacant land on a major commercial corridor will be transformed into shops and restaurants, state-of-the-art residential facilities and a thriving gateway to the Wayne State University campus following the Michigan Economic Development Corporation approval for Brownfield tax credits to support the $34 million South University Village project. The Midtown Detroit will feature a $20
RESTON, Va.- During the first 45 days of the holiday season, total online retail spending reached $19.48 billion, marking a 25-percent increase versus the corresponding days in 2005, ComScore Networks reported Tuesday. "Retailers have been aggressive this year with their online marketing efforts, targeting consumers with early-season promotions," said Gian Fulgoni, chairman of comScore Networks.
WASHINGTON-The bearer of the potentially tie-breaking vote on a proposed merger between AT&T and BellSouth said Monday that ethics considerations prohibit him from participating. The decision by Federal Communications Commissioner Robert McDowell, a Republican sworn in earlier this year, is consistent with his earlier inclination to recuse himself from a decision on whether to approve
DETROIT - A quarter of the chief information officers surveyed in the Detroit area expect to hire information technology professionals in the first quarter of 2007, some 11 points above the national average. The most recent Robert Half Technology IT Hiring Index and Skills Report shows 29 percent of executives surveyed plan to add staff
NEW YORK - IBM is betting on new software to make sense of the reams of data collected by radio frequency identification devices. But some legal maneuvering could dampen enthusiasm for the technology. Big Blue has introduced its WebSphere RFID Information Center software, which is designed to let interested parties-manufacturers, distributors, wholesalers and government customs
SEATTLE - A security update issued Tuesday for the Mac version of Microsoft Office was posted in error, the software maker said. The company encouraged consumers to uninstall the patch, which is still being tested. "Due to human error, they were accidentally published to the public Web sites before our full testing release process was
RICHMOND HILLS, Ontario - A recent poll commissioned by Yahoo! Small Business and conducted by research firm Harris Interactive has found that a large chunk of holiday shoppers will be buying their gifts online from small businesses. A total of 2,766 U.S. adults were surveyed to measure the sentiment among the general online adult population
ANN ARBOR - A number of leading organizations with the common goal of building Michigan's new economy are partnering for the Seventh Annual Collaboration for Entrepreneurship scheduled for 5 pm. January 18 at Washtenaw Community College's Morris Lawrence Building. Each year?s ACE event draws hundreds of attendees from across the state. The event features a
ANN ARBOR ? Here's a story you don't read everyday. An up-and-coming technology company has moved from Florida to Michigan. 9thXchange, an eBay-like company that sells digital files that could include music, audio and video, will relocate from Melbourne, Florida, to Ann Arbor. CEO John Bonaccorso said three hurricanes in 2005 that hit Florida prompted
FARMINGTON HILLS ? It's harder to find anything meaningfully positive when you stack the state of Michigan up against the country as a whole, David Sowerby, Chief Market Analyst for Loomis Sayles & Co. told a business group last week. Some five years after the rest of the United States emerged from recession, the Michigan