NOVI - ITC Holdings Corp. announced it would give up on a $1.8 billion transaction to buy the high-voltage power lines of the New Orleans utility Entergy. The decision came after the Mississippi Public Service Commission rejected the deal, saying it could result in $300 million in rate hikes for Mississippi electric customers over 10
LANSING - The Michigan Strategic Fund approved a $375,000 Michigan Business Development Program incentive for Vectorform to expand its headquarters in Royal Oak, a project that will generate approximately $2.24 million in new private investment and add up to 75 new jobs, the Michigan Economic Development Corp. announced. ?Vectorform is a leading software design firm
DETROIT ? Internet Advisor Podcast Dec. 14 - 1 Goal 1 Passion drives Mateen Cleaves to help 1,000 needy families in Michigan this holiday. Cleaves led a victorious Spartans to the NCAA basketball title in 2000. Now the Fox Sports Detroit commentator brings that same drive to organizing fellow athletes in this great cause. You
JACKSON - Consumers Energy has selected 31 solar powered projects offered by businesses, homeowners and nonprofit groups across Michigan's Lower Peninsula to supply renewable energy to customers. The suppliers were chosen as part of the company's Experimental Advanced Renewable Program . The program provides for the long-term purchase of renewable energy generated by solar energy
GRAND RAPIDS ? Van Andel Institute announced Monday the appointment of Peter A. Jones Ph.D., D.Sc. to the position of Director of Research, Chief Scientific Officer of Van Andel Research Institute. Jones begins officially on February 17, 2014. Jones is an internationally renowned researcher with more than 40 years? experience in academia in the field
ANN ARBOR - Duo Security Thursday introduced new editions of its two-factor authentication products, which the company said enables faster deployment, better usability and lower costs, starting as low as $1 per user per month. ?Our mission at Duo has always been to strike the perfect balance between iron-clad confidence and ease of use. The
SAN FRANCISCO - Buck Ryan made boxcars full of money repossessing aircraft whose buyers were in default. The glamorous sounding business, though, meant spending hours in dark and dirty locations, waiting, watching and drinking gallons of bad coffee, poised for the right opportunity to move. So when it came to spending that money, Buck made
EAST LANSING - The Mateen Cleaves 1 Goal. 1 Passion: Hope for the Holidays campaign is racing to meet its $1.3 million goal of gifting $1,000 in holiday gifts to 1000 struggling Michigan families this holiday season. He will appear on the Internet Advisor as heard on WJR 760 AM in Detroit Saturday at 3:30
DETROIT - As a special incentive for ConnecTech Detroit members, the Mobile Technology Association of Michigan is offering two limited opportunities for firms who join the trade association as business-level members by December 15th. Select a Charter, Corporate or Small Business membership by December 15, 2013 receive a membership that runs thru December 31, 2014
AUBURN HILLS - Michael Horn, 51, is to become President and CEO of Volkswagen Group of America, succeeding Jonathan Browning, 54, who is leaving the group and returning to the United Kingdom. Three other promotions were also announced. Those include: Axel Schulte-H�rmann (52) is to be the new Head of After Sales of the Volkswagen