SAN FRANCISCO - General Electric Chief Executive Jeff Immelt unveiled perhaps the best-looking electric vehicle charger yet invented at a big marketing shindig Tuesday morning in San Francisco. Called the WattStation, the charger was created by San Francisco designer Yves Behar and his co-workers at fuseproject, his design company. The WattStation looks a bit like
WASHINGTON DC - The U.S. Department of Transportation has analyzed dozens of data recorders from Toyota Motor Corp. vehicles involved in accidents blamed on sudden acceleration and found that at the time of the crashes, throttles were wide open and the brakes were not engaged, people familiar with the findings told the Wall Street Journal.
ANN ARBOR - Internet2 has appointed H. David (Dave) Lambert, chief information officer for Georgetown University, as its new president and CEO effective Tuesday. He replaced Internet2's first president Douglas Van Houweling, who was recruited from the University of Michigan. The announcement of Lambert's appointment comes on the heels of the news last week that
ANN ARBOR - Accuri Cytometers said Monday the company has completed a $6 million Series E preferred stock financing. The financing included current investors Arboretum Ventures, Baird Venture Partners, Fidelity Biosciences, Flagship Ventures and the InvestMichigan! Program co-managed by Credit Suisse. Accuri plans to use the proceeds from the Series E financing to support expansion
SWARTZ CREEK - Diplomat Specialty Pharmacy, the nation's largest privately owned specialty pharmacy, announced Monday that Robert Fleckenstein will serve as the Vice President of Operations overseeing the day-to-day operations of Diplomat's National Distribution Center, Patient Service Operations, Call Center, Oncology Department and other patient facing services at Diplomat's Corporate headquarters. Because of Fleckenstein's prior
ANN ARBOR - Ann Arbor SPARK will kick off its fourth Shifting Gears program this fall. Applications to the 2010 Shifting Gears program are due on September 3. Leading up to the fall Shifting Gears program, SPARK also announced five information sessions beginning August 3. Shifting Gears, an intensive four-month program, provides professional career coaching
DETROIT ? TechTown has received a $25,000 grant from the Community Foundation for Senior Engagement Programs, money that will be used to fund start up businesses for senior Americans as well as to hire mentors to help them make their dreams come true. TechTown Executive Director Randal Charlton discusses the program in this Newsmaker Interview.
LANSING - Insurers can continue to consider customers' credit scores when setting rates for auto and homeowners insurance, a divided Supreme Court ruled Thursday in a much-anticipated decision. The ruling is a bitter setback for Gov. Jennifer Granholm, legislative Democrats and urban activists who have decried the practice, which they say unfairly leads to illogically
LANSING - The Michigan Public Service Commission has once again found no need for a proposed coal-fired electric plant, this time in Holland. The Holland Board of Public Works had proposed the 70 megawatt plant as part of its plan to meet expected demand growth. But the PSC staff found in its report that Holland
DETROIT ? In the July meeting of the Faith-based Business Forum, TechTown will explore how leaders can direct their teams to increase the profile of the organization's brand in order to generate new levels of public interest in the organization's mission and goals. Christa Chambers-Price, managing director of Chrysalis Interactive and CEO of Knowledgecrush, Inc.,