ANN ARBOR - Consumers were a bit less optimistic in June due to rising concerns about prospects for the economy, according to the University of Michigan Surveys of Consumers. While no recession is anticipated, consumers increasingly expect a slower pace of growth in the year ahead, according to U-M economist Richard Curtin, who directs the surveys. Importantly, the
LANSING - Detroit was approved Tuesday as a Next Michigan Development Corporation, allowing it to issue renaissance zones and other inducements to bring in business. The designation, approved by the Strategic Fund Board, allows it to bring the tax-free zones and other inducements directly to the board without first applying to the Michigan Economic Development
WIXOM — Japanese company, Idemitsu Lubricants America, has opened a new, 13,000-square-foot laboratory space in Wixom. The company says the new technology center will concentrate on product development in automotive lubricants and industrial fluids. It will also offer technical services to a full range of businesses, including automotive companies and industrial manufacturers. The company was
DETROIT - Lightweight Innovations For Tomorrow and the ASM Materials Education Foundation are introducing a new program to disseminate both organizations’ materials science content and infuse it into high school curriculum nationwide. In many schools, basic science, technology, engineering, and math building blocks are either nonexistent or lack meaningful, up-to-date-information, creating a disconnect between the
HOLLAND - A popular pitch competition pioneered by Rick DeVos, the founder of Grand Rapids Start Garden, has now been adopted by Holland and could help one entrepreneur each month fund his or her business idea. Anyone with a business idea who could use $5,000 to advance it is encouraged to enter the competition online
ANN ARBOR - University of Michigan graduate Dick Beedon is a true entrepreneur. He has started four technology companies, including one that went public. But in May of 2014, Beedon was diagnosed with Staph and the infection was attacking his heart. He was told he was probably going to die. The outlook was grim. After
NOVI - Red Level has been named by MSPmentor to the MSPmentor 501, a listing of the world’s top 501 managed services providers. MSPmentor describes its ninth annual listing as “the IT channel’s largest and most comprehensive list of leading manage services providers worldwide.” The MSPmentor 501 listing is based upon factors such as the
DETROIT - During the recent $279 million renovation of Cobo Center in downtown Detroit, a complete digital upgrade was performed that included a broadcast studio, Internet and WI-FI upgrades and an extensive fiber network all packaged under the catchy name, Cobo Center Technology Services. "The creation of Cobo Center Technology Services, though significant on its
GRAND RAPIDS - For the first time in 12 years, the U.S. Department of Labor has announced an update to the overtime rule that will greatly impact America's middle class. The ruling, officially announced by President Barack Obama and Department of Labor Secretary Thomas Perez on May 18, increases the salary threshold for paid overtime from
FLINT – Anca Sala, Ph.D., dean of the College of Engineering at Baker College, has been named 2016 Educator of the Year by HI-TEC, the High Impact Technology Exchange Conference. She will receive the award at the 2016 conference in Pittsburgh, Pennsylvania, in July. Sala was recognized for her diverse and dedicated work toward building
