WINDSOR ? Rick Galdi has been appointed president, chief executive officer and chief operating officer of Essex Angel Capital Inc., a publicly traded angel capital company that hopes to build a $20 million fund to invest in promising Canadian and U.S. early stage companies. He replaces Mark Meldrum, who previously held all three titles. Meldrum
BIRMINGHAM ? Rick Galdi has stepped down as president of Great Lakes Angels to devote his full time efforts to sourcing and managing the investment portfolio for Essex Angel Capital. He will be replaced by David Weaver founder and former president. For story on Essex Angel Capital, click on MITechNews.Com Joining the Great Lakes Angels
GRAND RAPIDS - Governor Rick Snyder's sweeping proposals in how the state funds local government, and how local government must operate, avoid instantly overhauling cities, villages and townships, but sets the stage for major changes in the coming years. Snyder delivered a special message Monday to the Legislature outlining eight significant proposals in key laws
LANSING - With the proposed cap on credits available under the state's film incentive, the Film Office is looking for projects that do more for the state, under guidelines announced late Friday. Among other criteria, the office will be looking more favorably on projects that use facilities here in the state for filming and production
ANN ARBOR - Terumo Cardiovascular Systems Tuesday announced it has agreed pay $35 million in fines and to reduce manufacturing and sales of several of its medical devices after the U.S. Food and Drug Administration discovered numerous violations at the company's Scio Township headquarters. The Japanese owned company signed a consent decree agreeing that it
ANN ARBOR - Join a Web chat March 29 at noon with Rob Fowler, president and CEO of the Small Business Association of Michigan, and Jennifer Owens, vice president of business development at Ann Arbor SPARK. To take part in the web chat on Tuesday, go to FreePopinion.Com a>>
SAN FRANCISCO - In every disaster scammers see an opportunity, and the crisis in Japan is no exception. Already there have been fake Red Cross e-mails circulating and there will no doubt be more scams coming. Those e-mails appear to come from the British Red Cross. They provide some news on the earthquake and tsunami
FRAMINGHAM - The home office market will add nearly 2 million home-based businesses and more than 3 million corporate home office households between 2011 and 2015, a new report shows. According to a recent International Data Corporation (IDC) forecast, as the home office household landscape continues to change, so too does the type of technologies
NEW YORK - In a blockbuster mobile deal, AT&T announced Sunday it had agreed to acquire T-Mobile USA from Deutsche Telekom for $39 billion. The acquisition will bolster AT&T's dominance with the addition of more than 33 million subscribers to its 95.5 million customer user base, giving it a new total of more than 129
LANSING - The Michigan Education Association has asked its local members to vote on giving the MEA authority to initiate "crisis activities" including "job actions" that might mean a work stoppage. MEA spokesperson Doug Pratt said Thursday that the move comes in response to actions in the Legislature. "MEA will not stand silent while Michigan's