NOVI - ITC Holdings Corp. has promoted Gretchen Holloway to senior vice president and chief financial officer. She is responsible for the company's accounting, internal audit, treasury, financial planning and analysis, management reporting, risk management, and tax functions of the company. “Gretchen provides significant financial leadership to ITC, and in filling this key role she will
LANSING - Jeff Mason is back at the Michigan Economic Development Corp., but this time as the state’s chief executive officer. His appointment was approved Wednesday by the MEDC executive committee. He assumed the post, vacated in January by Steve Arwood, immediately. Mason, 58, has extensive experience in economic development, including serving as senior vice
LOS ALTOS, Ca. - Toyota Research Institute will invest an initial $100 million to launch Toyota AI Ventures, a new corporate venture capital subsidiary designed to provide early-stage financing to startup technology companies. TRI will launch the venture by contributing initial investments it has made in three technology companies: Nauto, SLAMcore and Intuition Robotics. The
LANSING - Long-term employment projections show the state will see 7.4 percent job growth over a 10-year period, according to a report done by the state's Bureau of Labor Market Information and Strategic Initiatives. The long-term industry employment projections reported in the past week say the state will see 0.7 percent job growth annually from
GRAND RAPIDS - The Grand Rapids metropolitan area was the fastest growing economy in the U.S. last year, according to Headlight Data, a company that tracks economic and workforce development. Grand Rapids' workforce grew 4.4 percent last year, according to Headlight, which used U.S. Bureau of Labor Statistics to reach its conclusions. Total employment in the
GRAND RAPIDS - Despite slowing auto and furniture sales, the West Michigan economy continues to grow, a Grand Valley State University economist said. Brian G. Long, director of Supply Management Research in the Seidman College of Business, surveyed local business leaders and his findings below are based on data collected during the last two weeks of
JACKSON – Nine dedicated cyber defense students at Baker College’s Jackson campus proved they can hack with the best while honing their IT skills, even during summer break. The three Baker College teams placed in the top 13, out of approximately 40, in the professional tier of the all-day national Hack the Arch, an atypical
WARREN - Nineteen students from southeast Michigan high schools received scholarships totaling $29,000 from the Winning Futures Award Celebration. Scholarship winners came from Canton High School, Cass Technical High School, Community High School, Cornerstone Health + Technology High School, Madison High School, Warren Mott High School, and Western International High School. The finalists were chosen
LANSING – The Michigan Department of Treasury is hosting a sales tax outreach seminar in Southeast Michigan to provide insight to and receive feedback from small businesses. This seminar is ideal for owners of gas stations, convenience stores, wine, beer and liquor stores or other small businesses. Treasury Outreach Team members will provide an overview
DETROIT - Cobo Center is getting an additional $2 million technology upgrade that includes the installation of 60 intermediate distribution frames throughout the center that will support and enhance the 10-gigabyte broadband network. "We are creating a network that will accommodate the largest technology power-using events in the industry," said Claude Molinari, general manager of Cobo
