NOVI - ITC Holdings Corp. announced that its Board of Directors has declared a quarterly cash dividend on ITC common stock of $0.305 per share payable on June 15, 2009, to shareholders of record on June 1, 2009. ITC invests in the electricity transmission grid to improve electric reliability, improve access to markets, and lower
AUBURN HILLS - Chrysler LLC selected C. Robert Kidder, former chairman of Borden Chemical and Duracell Chairman, to become chairman of a reorganized Chrysler. Kidder, currently the lead director of Morgan Stanley, will succeed Robert Nardelli, who will step down as chairman and chief executive when the auto maker emerges from Chapter 11 bankruptcy protection,
WASHINGTON - The Treasury Department is ready to inject more than $7 billion into GMAC to allow it to grants loans for car purchases at General Motors and Chrysler, The Wall Street Journal reported. The money would be the first installment of a new government aid package that could reach $14 billion in GMAC, which
DETROIT - The Midwest Technology Leaders 2009 Symposium on June 3rd at the MGM Grand brings national and local speakers together with regional CIOs to share stories of their best practices and lessons learned. The event is capped off with an awards cocktail reception that is one of the best networking events of the year.
DETROIT - Renewing a drivers license has just gone from a tedious, but necessary process to an extortion game, as revenue starved states are cooperating with each other to collect every penny of traffic violation revenue possible from out of state shirkers. The new enhanced Michigan Drivers license, the license that also provides you with
YPSILANTI - You're invited to the Great Lakes Renewable Energy Association's membership networking event May 26 at SPARK East in Ypsilanti. Meet GLREA members, industry professionals and entrepreneurs in renewable and alternative energy. Make new contacts in this exploding field and meet members of the GLREA board of directors. Learn from technology, policy and business
EAST LANSING - If you're a golfer, you don't want to miss this opportunity to play the award-winning Forest Akers Golf Course at Michigan State University on June 11 when the Michigan Venture Capital Association and the MIT Enterprise Forum joining Great Lakes Entrepreneur's Quest to host Michigan's first Investor/Entrepreneur Golf Scramble. GLEQ is wrapping
LANSING - There was agreement between business officials and scientists Tuesday that the Earth is warming and human activity contributes to that, but while a group of scientists in the state urged new federal policy on the issue, business officials argued the cost of the proposals was substantially higher than the gains. A group of
REDMOND, Wa. - Microsoft Corp. is expected to show a new version of its Internet search engine next week, in a renewed effort by the company to compete against Google Inc., people familiar with the matter say. The software giant, these people say, plans to demonstrate its new search engine publicly for the first time
LANSING - Michigan's political leaders embraced on Tuesday the new agreement setting uniform national standards on fuel economy and reducing vehicle emissions. The announcement by President Barack Obama in Washington was attended by Governor Jennifer Granholm, key congressional members and leaders of the auto industry and UAW. The agreement calls for achieving California's 35.5 miles