LANSING ? Some $3.5 million in grants and tax abatements will result in $41 million in new investment in Michigan. The Michigan Economic Development Corporation Thursday announced Michigan Strategic Fund approved four business expansion and community revitalization projects around the state that are expected to add 302 new jobs in Michigan. ?These projects will strengthen
LANSING - Carrying a box of petitions from his native Calhoun County, Governor Rick Snyder formally filed Thursday to run for re-election, and said the volunteer effort to gather more than 26,000 signatures was a "wonderful message to say let's keep the reinvention of Michigan going." Snyder was joined by his wife Sue, who carried
LANSING - Governor Rick Snyder on Wednesday applauded that Michigan had officially become one of only two states in the nation with a state-run EB-5 Regional Center to help attract foreign investors. The EB (employment based) 5 preference visa program allows investors and their families to obtain permanent residency by investing in an enterprise that
DETROIT - An agreement with three large holders of general obligation bonds in Detroit was announced Wednesday, a move that the city's Emergency Manager Kevyn Orr said could provide major assistance in assuring some lower income city pensioners do not fall into poverty. The agreement is also one of the first major steps taken to
LANSING - What does $3.7 million in grants and tax abatements buy you? About $10.2 million in new investments in the state that could generate 165 new jobs. The news came Wednesday from the Michigan Economic Development Corporation when it announced the Michigan Strategic Fund approved four Community Revitalization program awards for historic renovation and
LANSING - Michigan was among 20 states given a B for their online budget and spending transparency by the U.S. Public Interest Research Group Education Fund. Budget transparency has been a big issue for Gov. Snyder. Among the 50 states, Michigan ranked 15th with 86.5 points. Indiana was the top state with 94 points. Wisconsin,
LANSING - Michigan already spends more on schools than most of the rest of the nation, but it spends less than the top achieving state, the State Board of Education heard in separate presentations Tuesday. Among other measures, Michigan ranks ninth in education spending as a portion of per capita income, Audrey Spaulding, education advisor
LANSING - Democratic U.S. Senate Candidate Gary Peters is now favored by registered Michigan voters by 5 percentage points, a new poll released Tuesday by Public Policy Polling showed. The latest poll on the Michigan race to succeed outgoing U.S. Sen. Carl Levin (D-Detroit) shows Peters (D-Bloomfield Township), a U.S. House member, has taken the
LANSING - The Michigan Strategic Fund's internal control over financial reporting did not ensure it properly recorded and reported investment impairment losses, the auditor general concluded in reviewing the MSF's basic financial statements through the last fiscal year. As a result, MSF overstated its investments and net increase (decrease) in fair value of investments by
LANSING - If Michigan wants to stop its slide in educational performance, it needs to be sure schools are using research-based education programs and it needs to provide the funds to fully implement those programs, the Education Trust-Midwest said in a report released Thursday. The report, Stalled to Soaring: Michigan's Path to Educational Recovery, put