LANSING - The Michigan Economic Development Corporation today announced Michigan Strategic Fund approval of a $300,000 Michigan Business Development Program performance-based grant for Fontijne Formitt to expand its operations and establish a new production line in Milton Township, a project that will generate approximately $2.6 million in capital investment and add up to 31 new
SEOUL, South Korea - Samsung aims to unveil phones and other devices with foldable displays in another two years, give or take, CNET News.Com reported. At an analysts event Wednesday night, Samsung CEO Kwon Oh Hyun presented a slideshow revealing the company's display technology timeline for the next few years. As shown by blog site
TROY - Altair, the Troy engineering services and software provider, announced the opening of two new offices, Altair Hellenic in Thessaloniki, Greece, and Altair Israel in Tel Aviv, Israel. The offices target manufacturers that can benefit from Altair?s HyperWorks suite of computer-aided engineering tools, in-house product design services, and cutting-edge business analytics technology. These locations
SAN FRANCISCO - Hundreds of protests around the world sparked up on Tuesday in what the hacking collective Anonymous called the "Million Mask March." Donning Guy Fawkes masks, the demonstrators' goal was to "defend humanity." The protests were scheduled for 450 cities and towns worldwide -- from Tampa, Fla., to Amsterdam to Mumbai, CNET News.Com
COSTA MESA, CA. ? In a report from Experian, a rise in credit balances and a decrease in delinquency rates has significantly improved small-business credit quality in the third quarter. According to the most recent Experian/Moody?s Analytics report, the Small Business Credit Index rose 2.3 points to 118.5, up from 116.2 the previous quarter. This
LANSING - The Michigan Economic Development Corporation, Michigan Works! and Tim Hortons Cafe & Bake Shop are teaming up for a second time to host a live MiVirtualCareerFair event on Nov. 13 from 10 am ? 4 pm online and at participating restaurants around Michigan. ?The June career fair we held in partnership with Tim
SAN FRANCISCO - Adobe Digital Index unveiled its crystal ball prophecies for this year's online shopping season, and it looks like it's going to be a doozy. Not only does Adobe Systems predict this year will see the highest-ever online spending during the US holiday season, but Thanksgiving, Black Friday, and Cyber Monday will break
DETROIT - The Grand Valley State University board, meeting Friday at its new Detroit Center near Comerica Park, approved the purchase of 11 acres of land near downtown Grand Rapids to expand the university's health campus at the east end of Grand Rapids' multi-billion-dollar Medical Mile. The university already owns four acres of property adjacent
ARO ? Consumers Energy on Friday held the groundbreaking for its 105 megawatt Cross Winds Energy Park that will include 62 wind turbines when fully operational. Also participating in the ceremony was its contractors, Tuscola County-area landowners and local government officials. ?Renewable energy will continue to be a vital part of our Balanced Energy Initiative,
DETROIT - The Pure Michigan Micro Lending Initiative will launch with an initial $5 million commitment by Huntington Bank for a pilot program in Detroit to be allocated as a loan to Detroit Development Fund, Governor Rick Snyder's office announced Monday. The Development Fund will lead a collaborative of micro lending partners, including the Detroit