ANN ARBOR - Ann Arbor SPARK's economic development efforts to attract and retain businesses in the region, and support jobs creation, generated more than $147 million in new investment commitments and more than 3,200 jobs. "Despite a challenging economic climate, Ann Arbor SPARK helped companies create jobs and grow in our region," said Michael A.
ANN ARBOR - Advanced Photonix lost money at even a faster pace in the third quarter ended Dec. 25 than during the quarter of a year before as revenues plunged dramatically as well. Net loss for the quarter was $1,344,000, or $.05 per diluted share, as compared to a net loss of $359,000, or $.01
PLEASANT RIDGE ? Interactive promotions company ePrize announced Tuesday that founder Josh Linkner has been shifted to chairman of the board, turning the chief executive officer duties over to Matt Wise, effective March 1. Wise has served as CEO of Q Interactive since 2006, transforming the company from its origins as a coupon and savings
ROCHESTER HILLS ? Energy Conversion Devices, which makes thin-film flexible solar laminate products for the building-integrated and commercial rooftop markets, reported a net loss of $39.1 million in the second quarter, after posting a profit of $13 million in the same period a year before. Total consolidated revenues for the second quarter of fiscal 2010
SOUTHFIELD - TechTeam Global, a provider of information technology outsourcing and business process outsourcing services, announced Tuesday that it has named Guido Roumans as director of global life sciences services. Roumans will be responsible for service delivery, relationship management and ongoing capability enhancement in support of TechTeam's life sciences customers. Roumans has nearly 20 years
MOUNTAIN VIEW - Google is set to unveil a new feature to Gmail designed to make it easier and faster for users to share media and status updates with friends, according to the Wall Street Journal. Sources told the Journal that Google could launch the new feature, which aims to make its Gmail email application
ANN ARBOR - Republican gubernatorial candidate and Ann Arbor technology venture capitalist Rick Snyder's "tough nerd" ad has helped his campaign spark interest among the general public and helped bring focus to his status outside of the "professional politicians that have done damage to the state," staff members told reporters Monday. And they defended the
LANSING - A few bucks charged on rental cars picked up near Michigan airports could be a way to finance the state's Pure Michigan campaign, Gov. Jennifer Granholm said over the weekend. Speaking on Detroit WDIV TV's "Flashpoint," Granholm said the tourism community identified the rental car fee as one way to address the loss
WASHINGTON-The FBI is pressing Internet service providers to record which Web sites customers visit and retain those logs for two years, a requirement that law enforcement believes could help it in investigations of child pornography and other serious crimes. FBI Director Robert Mueller supports storing Internet users' "origin and destination information," a bureau attorney said
LANSING - A plan passed by the House to fund the Pure Michigan advertising campaign through assumed increased revenue in sales tax collections that come from tourism-related expenditures is faulty, the lead senator on tax policy said Thursday. Sen. Nancy Cassis (R-Novi), chair of the Senate Finance Committee, said sales tax revenues continue to decline