NEW YORK - Economists in the latest Wall Street Journal survey see an end to the recession by autumn, but say it will take years for the economy to fully recover. On average, the 52 economists who participated in the survey project that the recession will end in August. They expect gross domestic product to
ANN ARBOR - Calling all Techies, Geeks, Scientists, Engineers, Innovators, Entrepreneurs and anyone interested in local tech, biotech, nanotech, green tech, information tech and industrial tech! Bring your team, family and friends to the Local Tech Night at the Museum at the Ann Arbor Hands-On Museum May 30. What will the evening include? Live music
BLOOMFIELD HILLS - Butzel Long attorney and shareholder Carol Romej recently was a featured speaker at a Document Retention and Destruction seminar in Southfield. Her topic was: Modern Concepts in Data and Records Management. Based in Butzel Long�??s Bloomfield Hills office, Romej co-chairs the firm�??s Electronic Records and Discovery Practice Group and the firm�??s Technology
DETROIT - Business software and services provider Compuware Corp. said its fiscal fourth-quarter profit declined as revenue dropped sharply. For the three months ended March 31, the company earned $48.4 million, or 20 cents per share, down 21 percent from $61.2 million, or 23 cents per share, in the same period a year earlier. Revenue
ANN ARBOR - New Enterprise Forum will host is third annual Entrepreneurial Improv: The Battle of the Elevator Pitch, an offbeat, slightly outrageous event that highlights how successful entrepreneurs must think fast on their feet. The event takes place at 5 p.m. May 21 at the Holiday Inn North Campus in Ann Arbor. During the
GRAYLING - Susan R. Corbin, Deputy Director for the Michigan Department of Labor and Economic Growth, will be the featured speaker on June 6 at the next session of The Friday Business Series. She'll discuss unemployment compensation issues. Corbin oversees operations of the Unemployment Insurance Agency, Wage and Hour Division, Worker's Compensation Agency, the MES
DETROIT - General Motors Corp., under the direction of the U.S. Treasury, is near a deal that would cut its hourly labor costs by more than $1 billion a year and reduce its $20 billion pledge to the United Auto Workers to cover health-care obligations, people familiar with the matter told The Wall Street Journal.
DETROIT - Just a day after its stock price dropped to levels not seen since 1933 and its bonds tumbled to record lows as well, we may have our clearest sign so far that General Motors is inching closer to bankruptcy. Today in the Free Press we're reporting that the company has moved up some
DETROIT - The New Economy Initiative, in partnership with The Kauffman Foundation, on May 18 will announce at TechTown an exciting and aggressive initiative to assist regional automotive suppliers and help rapidly grow entrepreneurship in Michigan. In a state with the highest unemployment rate in the country and further job losses expected, there is a
ANN ARBOR - ERT Systems, which provides automated resource tracking systems for first responders, announced that the Rumson, New Jersey fire department has selected OnSite ERT as its primary accountability solution. Rumson FD currently has 50 volunteer firefighters who serve a population of 7,200 across 5.2 square miles. The department will use OnSite ERT to