ANN ARBOR - Michigan could lose 310,700 jobs during 2009, the latest forecast from the University of Michigan-based Research Seminar in Quantitative Economics said, the worst year for job losses in the state since the 1950s. And the latest forecast for job losses is 2.5 times the number of jobs the organization predicted back in
LANSING - Michigan's total debt load has more than tripled in the past 20 years and the state now stands 20th in terms of total per capita debt, above the national average, a paper from the Senate Fiscal Agency said. In 1990 the state stood at 36th among all the states in terms of per
GRAND RAPIDS ? The Michigan Economic Development Corporation will host the Grand Rapids Small Business Regional Forum on July 28 at the Frederick Meijer Gardens to determine what small businesses in West Michigan need to grow and success. The forum is hosted by law firm Clark Hill and will feature Chris Holman, governor appointed Small
BLOOMFIELD HILLS - Integrated fleet services veteran, QEK Global Solutions, has hired Kelly Henderson as Vice President, Business Development. Responsible for leading sales and marketing, Henderson will drive QEK's cquisition of business within and outside QEK's current (primarily automotive) client base. Henderson comes to QEK with a strong, diverse information technology and business development background.
LANSING - The state has approved a Renewable Energy Renaissance Zone, a 28.6-acre site, for the Alpena Prototype Biorefinery, a partnership of Atlanta-based American Process and San Antonio-based Valero Energy Corporation, a Fortune 500 company and the largest refiner in North America. ?We are continuing to diversify Michigan?s economy through the development of green energy
LANSING - While in the current budget cycle federal stimulus dollars may have managed to keep the state "crawling and screaming" toward balance, without a serious change in spending and a dramatic new tax plan by 2012 Michigan could look a lot like California, a state drowning so far in its own debt it seems
LANSING - Gov. Jennifer Granholm left on her eighth international trade mission, traveling to Germany and Belgium, on Monday. It will mark the third time Granholm has gone to Germany, but the first time to Belgium. "We are working hard to become the renewable energy capital of the world and we are targeting high-tech companies
LANSING -Gov. Jennifer Granholm has signed legislation aimed at keeping the North American International Auto Show in Michigan beyond 2010, preferably at its current home in Detroit's Cobo Center. The new laws signed today call for a nearly $300-million expansion of Cobo and the creation of a regional authority to run and renovate the aging
LANSING - While legislative leaders and the administration of Governor Jennifer Granholm are working through the two-week break to develop agreements on the 2009-10 budget, their colleagues across the nation are struggling to bring their various budget issues to heel. Wednesday was the first day of the 2009-10 fiscal year for most states in the
BOSTON - The bad news: first-quarter spending on computing technology was worse than forecast. The good news: growth could resume earlier, according to a report Forrester Research released Tuesday. The analyst firm reduced its forecast for 2009 information technology spending from a 3 percent decline to a 10.6 percent decline, but it's the hitting bottom,