DETROIT - The Southeast Michigan Purchasing Managers Index rebounded in October to 59.7 from 53.1 in September, a sign the economy is rapidly expanding. An index above 50 indicates an expanding economy. The higher the index grows above 50, the faster the economy appears to be growing. "The PMI increase in October marks 21 straight
ANN ARBOR - Charles Reinhart Company Realtors kicked-off their 16th Annual Coat Drive on November 1 with the goal of collecting more than 1,500 adult and children?s coats. Through the month of November, Charles Reinhart Company Realtors will be collecting new and gently used winter coats at all of the Charles Reinhart Sales Offices as
LANSING ? The deadline to nominate a company for the Michigan Celebrates Small Business awards and 50 Companies to Watch is Nov. 10. On April 26, 2012, the Michigan Celebrates Small Business awards will put the spotlight on Michigan's Rising Stars. This is Michigan's top opportunity for recognition of innovation, achievement and success. Learn more
ANN ARBOR - Kai Yang, professor in the Department of Industrial and Manufacturing Engineering at Wayne State University, will discuss important success factors for industrial engineering to effectively improve the healthcare industry's performance Nov. 7 at Cleary University. The American healthcare industry is facing challenges because of increasing healthcare cost, dissatisfaction with healthcare quality, and
ANN ARBOR ? The University of Michigan put two satellites into space Monday on a NASA rocket and satellite. U-M was one of three universities across the nation to send satellites into space on this rocket. M-cubed, which about the size of a square tissue box, ? 10 cm by 10 cm by 10 cm
DETROIT - The Mobile Technology Association of Michigan will explore the future impact of machine-2-mobile and mobile-2-machine technology at Automation Alley November 14 at 5:30 p.m. The growth of the M2M sector of the mobile technology industry is set to explode over the next 10 years according to a multitude of forecasters and analysts. The
TROY - Credit Suisse's Customized Fund Investment Group and Beringea, co-managers of the InvestMichigan! Mezzanine Fund, Monday announced an investment in Dantom Systems in conjunction with the acquisition by Compass Investment Partners Fund. Terms were not disclosed. The InvestMichigan! Mezzanine Fund focuses exclusively on providing capital to businesses that are headquartered, have a significant presence,
BEIJING - China asserts it was not behind a series of hacks against U.S. environment-monitoring satellites a few years ago. Speaking at a news briefing Monday, China Foreign Ministry spokesman Hong Lei said claims that China was behind the hacks, which occurred in 2007 and 2008, are "untrue." The spokesman added, according to Reuters, which
SAN FRANCISCO - Anonymous is making threats to a Mexican drug cartel over the alleged kidnapping of one of its activists in Veracruz and is threatening to retaliate on Nov. 5, Guy Fawkes Day. "You made a huge mistake by taking one of us. Release him. And if anything happens to him, you (expletive) will
LANSING - Three non-legislative options the Snyder administration could pursue to complete the New International Trade Crossing involve handing the project over to the Canadian government, federal or city of Detroit government, or any combination of those entities, sources tell Gongwer News Service. Those options were weighed, although briefly, by the administration of Governor Jennifer