LANSING - The rate of underutilized labor in Michigan, which includes the unemployed as well as the underemployed, improved at a faster rate in 2013 than a similar rate did nationally, a state report said. But the state rate of those not working and working part-time is still significantly higher than the national rate. The
LANSING - The Michigan House Fiscal Agency announced on Tuesday its revenue estimates for the state through 2016, projecting net revenue in the School Aid and General Fund in the 2012-2013 Fiscal Year to show an increase of $429.9 million from what was projected in May. The HFA also revised upward its estimate for the
LANSING - Governor Rick Snyder told reporters Tuesday the revenue estimates have not been released yet and it is too soon to determine if an income tax rollback would be a responsible answer to possible surplus funds. "Let's get the facts first and then let's make sure we're being fiscally responsible for the long term,"
ANN ARBOR - Learn how to access government funding for your bioscience company, especially from the Department of Defense during the MichBio sponsored webinar Jan. 17. The speaker, Liz Powell, is a former Legislative Director on Capitol Hill who staffed the Armed Services Committee and became an entrepreneur offering strategic counsel on how to navigate
TROY - A fine-tuned elevator pitch can open the door to funding and key partnerships for entrepreneurs. Perfecting that pitch takes practice and often some advice from experts and other experienced entrepreneurs. Watch up-and-coming entrepreneurs present their business plans, and then join in the discussion at the Entrepreneurial Initiative of Southeast Michigan Entrepreneur's Forum. EISEM
TROY - Association for Corporate Growth Detroit Chapter announced the appointment of four new members to its Board of Directors. The new Board members are: Steve Ellis, founder and managing director of Stratford -Cambridge Group, Farmington Hills, MI, a boutique buy-out firm focusing on micro-cap businesses in the industrial sector. He is also has held
DETROIT - The Southeast Michigan Purchasing Managers Index for December is 50.6, down from 58.3 in November indicating a slow-down in economic expansion. This brings the three-month average down to 57.3. A PMI value above 50 generally suggests economic growth. ?The PMI dropped in December primarily due to a decrease in new orders and production
DETROIT ? What's up for technology in 2014. Hear the predictions of the Internet Advisor team in this podcast. Predictions come from Mike Brennan, Foster Braun, Gary Baker, Ed Rudel, Cal Carson, Shane Hamlin, Richard Stiennon, Emily Hay, Sheri Kam, and Mike Ammon. Click on InternetAdvisor.Net
LANSING - Neogen Corporation announced Thursday that it has acquired the stock of Chem-Tech Ltd., a manufacturer of insecticides for the animal and food industries. The 35-year-old company, which is wholly owned by Pat and Kelle Rolfes, operates an extensive manufacturing and distribution facility in Pleasantville, Iowa. Chem-Tech's revenues for the most recent 12 months
HONG KONG - Tonight's sortie was an old-fashioned stakeout, Buck had said. If Yvonne had ever been on one, she would have understood his sentiment, but instead she was anxious, feeling exposed to dangers she never experienced working in her labs behind the protection of computer screens and miles, sometimes thousands of them, between her