WASHINGTON DC - The head of Homeland Security said last week that she believes a "cyber 9/11" could happen "imminently," according to Reuters. If such an event were to occur it could cripple the country - taking down the power grid, water infrastructure, transportation networks, and financial networks. "We shouldn't wait until there is a
LANSING - Rep. Wayne Schmidt said creating a surcharge on tires for all vehicles, including bikes and off- road vehicles, could be one way to help raise the approximately $1.6 billion needed to fix Michigan's roads. Schmidt (R-Traverse City) told Gongwer News Service Wednesday that bikes and ORVs have their own lanes or wider shoulders
SAN FRANCISCO - The United States is responsible for the highest number of botnet servers in the world, according to new data from McAfee. A map and a list of major countries posted by McAfee yesterday show the greatest concentration of botnet servers to be in the U.S., with 631. That's more than two and
LANSING - Michigan's University Research Corridor generated $15.5 billion in economic impact statewide, exceeded $2 billion in annual research expenditures and awarded more than 31,600 degrees in one year, placing it at or near the top of seven university innovation clusters in the U.S., according to a new Economic Impact Report released Wednesday. The URC
LANSING - The Michigan Strategic Fund Wednesday approved state incentives to support 14 business expansions that are expected to generate more than $1.1 billion in investments and add 4,590 jobs in Michigan. The MSF approved the following Michigan Business Development Program incentives: * Cosma International, an operating unit of auto supplier Magna International, plans to
LANSING ? Michigan House Speaker Jase Bolger said Thursday that House Republicans are "appropriately skeptical" about expanding Medicaid or accepting a $31 million grant from the federal government to help set up a state-federal partnership for a health insurance exchange. Bolger (R-Marshall) spoke about politics vs. policy on the House floor, education, road funding, taxes
LANSING - The Michigan Economic Development Corporation did not do enough to ensure that renaissance zones were creating jobs or that the businesses in them were complying with development agreements, a report from Auditor General Thomas McTavish said. The performance audit of the Renaissance Zone Program, for the period October 1, 2008, through September 30,
LANSING - The Michigan Film Office announced the second season of the television series Ask Dr. Nandi has been approved for a film incentive from the state. The weekly physician talk show will continue to film at Detroit Public Television studios in Wixom. ?Dr. Partha Nandi has remained committed to filming his television show here
ANN ARBOR - Four Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund totaling $1 million. To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan?s SmartZones to support start-ups? product commercialization, has awarded 83 Michigan companies with seed funding totaling more than $19 million. ?It?s exciting to see how Michigan
DETROIT - Saying Michigan's economic future is dependent on having more people with higher educational skills, the group Business Leaders for Michigan is stepping up efforts to restore, ultimately, another $1 billion to higher education funding to the state. Doing so would help erase much of the funding cuts Michigan's 15 public four- year universities