WASHINGTON DC - U.S. Homeland Security Secretary Janet Napolitano announced on Thursday she is appointing attorney Mary Ellen Callahan as the department's chief privacy officer. "Homeland security and privacy are not mutually exclusive, and having a seasoned professional like Mary Ellen on the team further ensures that privacy is built in to everything we do,"
DETROIT - The Wall Street Journal reports that GM bondholders are not happy with the company's plan, saying it does not go far enough to cut costs, even though it gets rid of another 47,000 jobs. They want GM to become immediately competitive, not get there in 2012. And it sure sounds like the bondholders
DETROIT - The global fallout from General Motors Corp.'s financial difficulties worsened significantly Friday as its Swedish unit Saab received credit protection from a court and the Korean car maker GM controls said it asked a government bank for emergency aid. Meanwhile, GM's profitable German unit Opel said that market conditions have deteriorated and that
ANN ARBOR - New Enterprise Forum presented four awards Thursday night - three to 2008 elevator pitch presenters and one to Ted Dacko, president of HealthMedia, as the Entrepreneur of the Year. The NEF awards night, at the Holiday Inn North Campus, featured Phil Tepley, NEF President, and Gerry Roston, NEF Program Committee Chair, are
SAN FRANCISCO - Late on Tuesday night, Facebook reversed a change to its terms of service that had meant that its license on user content-a longstanding but little-publicized claim to an "irrevocable, perpetual, non-exclusive, transferable, fully paid, worldwide license" for promotional efforts-would no longer expire if a member deleted his or her Facebook account. Over
WASHINGTON DC - The White House has launched Recovery.gov, a site that intends to bring transparency to the government spending authorized in the $787 billion economic package the president signed Tuesday. "The size and scale of this plan demand unprecedented efforts to root out waste, inefficiency, and unnecessary spending," President Obama says in an introductory
BARCELONA -Verizon Communications' chief technology officer dished out details Wednesday on the company's soon-to-be-built 4G wireless network that's set to go live in 2010. Verizon will begin testing the service this year and launch it commercially in at least 25 to 30 markets in the U.S. in 2010, CTO Dick Lynch said during an interview
WASHINGTON DC �?? The American Recovery and Reinvestment Act contains a package of loan fee reductions, higher guarantees, new SBA programs, secondary market incentives, and enhancements to current SBA programs that will help unlock credit markets and begin economic recovery for the nation's small business sector. "The tax incentives and credit stimulus elements of the
WASHINGTON - The U.S. Small Business Administration issued a scam alert today to small businesses, warning them not to respond to letters falsely claiming to have been sent by the SBA asking for bank account information in order to qualify them for federal tax rebates. The fraudulent letters were sent out with what appears to
LANSING - A proposed list of more than 16,000 requested projects that would total in excess of $59 billion in federal stimulus monies was opened to the public Wednesday when the administration of Gov. Jennifer Granholm put the list up on a new website. There is no possible way the state will get all the