DETROIT - Compuware Corp. said Tuesday that its fiscal fourth-quarter profit fell 22 percent, and it gave a more somber outlook for the current year than analysts were expecting, but the company's revenue rose, and its shares climbed in aftermarket trading. Compuware, Michigan largest software company, offers products and services designed to help information technology
LANSING ? Five West Michigan businesses has granted grants, loans and other economic assistance Wednesday from the Michigan Strategic Fund that will generate up to $15.7 million in private investment and add 465 new jobs. ?These new investments show once more Michigan?s highly competitive business climate and tremendous workforce capabilities mean real opportunities for leading
LANSING ? The Michigan Economic Growth Authority Wednesday approved work plans for four brownfield redevelopment projects expected to generate $39.4 million in new investment and create or retain 512 direct jobs. ?These projects will help transform blighted, contaminated or functionally obsolete properties into a variety of new uses that will add jobs and diversify Michigan's
LANSING - Governor Rick Snyder Tuesday urged eligible Michigan veterans to apply for a new federal program that will cover the cost of up to one year of training for in-demand jobs. To participate, a veteran must be between 35 and 60 years of age, unemployed, and enroll in training for one of more than
KALAMAZOO - Kalamazoo Valley Community College is offering its first Production Technician Academy May 29 which will provide free training to prepare for careers in Advanced Manufacturing. An informational session about the new Academy is set for May 23 at 5:30 at M-TEC at the Groves Campus of Kalamazoo Valley Community College, 7107 Elm Valley
YPSILANTI ? Michigan is rapidly evolving from a heavy manufacturing, unionized state into one where an entrepreneurial-oriented population understands each has the responsibility for manifesting their own future, said David Brophy, founder of the Michigan Growth Capital Symposium. ?Historically, people in this state never thought that way,? said Brophy, a professor at the Stephen M.
GRAND RAPIDS ? What makes Lean Entrepreneurship so different from more traditional business development is the market decides the value of the product or service developed, experts said Thursday during the Michigan Lean Startup Conference, sponsored by Start Garden. Brant Cooper, author of the popular Lean Startup book, "The Entrepreneurs' Guide to Customer Development," summed
LANSING - The State of Michigan Land Bank Fast Track Authority Board of Directors has approved and issued a Request for Proposal for the development of the former Michigan State Fairgrounds. ?This represents another in a series of positive moves forward for Detroit,? said Gov. Rick Snyder. ?The state is committed to working cooperatively to
NEW YORK - Facebook's shares opened 11 percent higher, but soon struggled to stay above their $38 offering price. More than 30 brokerages and banks were involved in the offering, which saw a nearly 571 million shares change hands on Friday - a record for a stock debut. The Internet company's shares opened Friday around
DETROIT - General Motors has decided it won't advertise in the next Super Bowl, a surprising reversal of strategy that comes as the auto maker overhauls its global marketing operations. GM also announced earlier this week it would no longer advertise on Facebook. Super Bowl advertising is effective but has become too expensive to justify