ANN ARBOR - Great Lakes Entrepreneur's Quest has announced the appointment of three new board members: Ken Kousky, chief executive officer, MidMichigan Innovation Center; Remos J. Lenio, a founder and principal, Hartwick Capital Group LLC; and Paula Sorrell, managing director of entrepreneurship, Michigan Economic Development Corporation. GLEQ is a nonprofit organization designed to accelerate the
LANSING - How much telecommunication companies should pay to run fiber optics under state-owned rail trails is a point of contention on a bill the Senate Energy and Technology Committee took up Tuesday. A substitute for SB 499 would require an application fee up to $350 and companies to pay 5 cents per linear foot
RESTON, VA. - Cyber Monday reached $1.25 billion in online spending, up 22 percent versus year ago, representing the heaviest online spending day in history and the second day on record to surpass the billion-dollar threshold. ComScore also reported holiday season U.S. retail e-commerce spending for the first 28 days of the November ? December
SAN FRANCISCO - Best Buy, Amazon, Verizon, and Dell launched Cyber Monday deals featuring discounted laptops, tablets, and smartphones. Best Buy is calling its sale "Cyber Week" and puts Lenovo, Hewlett-Packard, and Toshiba laptops at the top of the list on its launch page. All three come with Windows 7 Home Premium, CNET News. Com
DETROIT - State and federal officials Monday announced a $2.1 million federal grant for a collaborative effort to create new jobs and technologies related to the rapidly emerging advanced energy storage system in Southeast Michigan. The Michigan Economic Development Corporation will award up to $500,000 in Jobs and Innovation Accelerator Challenge funds in support of
CHICAGO - U.S. Consumers spent $816 million online on Black Friday, a 26 percent increase over 2010's Black Friday, according to ComScore data released today. The results buttress numbers released Saturday by IBM Coremetrics that showed online sales on Black Friday grew by 24.3 percent compared with the same period last year. Some 50 million
SAN FRANCISCO - In addition to the usual online scams designed to defraud shoppers during the holiday season, several malls will be tracking people via their cell phones. Beginning on Black Friday, Promenade Temecula, south of Los Angeles, and Short Pump Town Center in Richmond, Va., will be monitoring signals from shoppers' cell phones, CNN
SAN FRANCISCO - Facebook Inc. is targeting dates between April 2012 and June 2012 for an initial public offering of its stock, said people familiar with the matter told the Wall Street Journal. Facebook is in internal discussions over the timing of its filing with the Securities and Exchange Commission for the IPO, and is
LANSING - As retailers entered holiday shopping mode in October more than half expected higher sales than the year prior - 45 percent of them got their wish, according to the Michigan Retail Index. The index, a joint survey from the Federal Reserve Bank of Chicago and Michigan Retailers Association, found along with the 45
ANN ARBOR - WriteSteps, an Ann Arbor-based K-5 writing program focused on innovative writing improvement programs for students, announced that it has incorporated the new Common Core State Standards into its programs, in an effort to prepare students for national writing tests that will begin with the 2014-2015 school year. Forty-five states have now embraced