BLOOMFIELD HILLS ? VoolaMoola.com, a video-sharing web site that is very similar to YouTube, and Prescription Giant, an Internet pharmacy providing prescription and OTC drugs, will be reviewed at the Oct. 23 meeting of Great Lakes Angels. There will be a handout with information on other company requests for financing that were sent in advance
ALLEGAN - Perrigo Company announced Monday that it has acquired Laboratorios Diba, S.A. for approximately $25 million in cash. Based in Guadalajara, Mexico, privately-held Laboratorios Diba is a store brand manufacturer of over-the-counter and prescription pharmaceuticals, including antibiotics, hormonals and opthalmics. The acquisition is expected to add nearly $15 million of annual sales. "Perrigo has
DEARBORN - Ford Motor Company said Monday it will offer a new advanced active collision-avoidance technology, Collision Warning with Brake Support, on certain Ford and Lincoln vehicles next year. Collision Warning with Brake Support uses radar to detect moving vehicles directly ahead. When the danger of a collision is detected, the system warns the driver
SAN ANTONIO, Texas - According to a recent customer survey conducted by Rackspace Hosting, a specialist in hosted IT services, nearly 70 per cent of respondents indicated that the number of IT functions they outsource to hosting, SaaS or cloud service providers should increase over the next five years. "We are seeing a trend towards
MOUNTAIN VIEW, Ca. - A Yahoo acquisition of AOL could happen as early as this month, TechCrunch reported Monday, citing sources close to the negotiations. "It's rumors and speculation, which we don't comment on," Yahoo spokesman Brad Williams told CNET News.Com. AOL also declined to comment. According to the report, Yahoo would buy AOL's content
SOUTHFIELD - With U.S. automakers reporting their worst monthly sales results of the year and no signs of relief expected in 2009, Grant Thornton LLP Corporate Advisory and Restructuring Services now contends that as many as 100,000 industry-related jobs may be at risk. "With a more than 2 million unit sales decline likely this year
PORT HURON - ConnecTech Port Huron invites you to discover sustainable energy inventions and consumption in the Blue Water area with an Alternative Energy presentation that will bring together technology professionals to focus on the challenges and opportunities faced in searching for future energy resources. Come meet local sources of sustainable energy providing networking opportunities
WASHINGTON DC - The agreement to limit water exports from the Great Lakes Basin is now federal law. President George W. Bush signed the agreement between the eight Great Lakes states on Friday. Michigan was the last to sign on to the agreement that requires approval by all eight governors for water to move out
ZEELAND - Venture Forward is an intensive, eight-week program that helps you evaluate business opportunities and develop an action plan for owning your own business. KEY OBJECTIVES Develop an overall business strategy Achieve a strong, competitive market position Plan your financial needs to avoid cash flow problems Structure your business operations for efficiency Determine if
LANSING - A three-year phaseout of the surcharge added to the Michigan Business Tax would begin in 2009 under legislation passed by the Senate on a 26-12 vote on Thursday. Also passed was a bill that eliminates current provisions in the MBT that include other taxes a business pays in its MBT base. But in