LANSING - The Michigan House Fiscal Agency had a mixed bag projection for 2010-11, predicting general fund revenues will see a slight uptick, but School Aid Fund dollars will come up short. The fiscal agency's report was released Wednesday in preparation for the Revenue Estimating Conference to be held Monday. Each legislative fiscal agency releases
DETROIT - GM chairman Ed Whitacre predicted the company will return to profitability this year. Of course, he didn't attach any numbers to that prediction, nor did we learn if he's talking about an operating profit, a pre-tax profit, or, the one that really counts in my book, a net profit. Even so, the profit
SAN FRANCISCO - We knew it was coming, but we had to wait for Google to spill the news before we could talk about it with authority. And the company did so Tuesday morning at a press conference at the Googleplex in Mountain View, Calif. As expected, the Nexus One is a new Google Android
DETROIT ? Wayne State University's TechTown is working closely with the Urban Entrepreneur Partnership, developed by the Kauffman Foundation, to help minority-owned auto supply companies diversify into more promising industries. So far some 14 suppliers are working with UEP in this $3 million, three-year program. To listen, click on MITechNews.JenesysGroup.Com a>>
LANSING - Lt. Governor John Cherry Jr. will not run for governor in 2010, saying he was not successful in raising the money needed for the run. In a statement, Cherry expressed disappointment, saying 2010 will be a critical year and that he wanted his campaign to say the state could put its assets forward
LANSING - A titanic shift in the 2010 gubernatorial election effort sounded on Tuesday with the unexpected announcement of Lt. Governor John Cherry Jr. that he will not run for governor in 2010. Until Tuesday morning, it was largely expected Cherry would be the Democratic nominee for the post, and the decision completely changes the
ANN ARBOR ? Life sciences startup HistoSonics Inc. on Monday announced it has secured $11 million in a Series A financing led by Venture Investors of Ann Arbor, in a syndicated deal that also included Fletcher Spaght Ventures of Boston, Hatteras Venture Partners of Raleigh, North Carolina, Early Stage Partners of Ann Arbor, and TGap
GRAND RAPIDS - Entrepreneurs across West Michigan will soon have the opportunity to turn their big ideas into new ventures in one intense weekend project in February. Startup Weekend was founded in 2007 by Andrew Hyde, the weekend is a concept of a conference focusing on learning by creating. It is known for its quick
LANSING ? Gov. Jennifer Granholm last week issued an executive order creating a new department from the combined departments of Management and Budget and Information Technology. The new Department of Technology, Management and Budget will become effective on March 21, presuming E.O. 2009-55 runs into no legislative roadblocks. Kenneth Theis, current DIT director, will be
WARREN ? Eighty-three percent of the owners of small businesses surveyed across Michigan do not support a government-operated health care plan as a public option for insurance, a new survey reports. The survey was conducted among members of the Michigan Business and Professional Association and the Michigan Food and Beverage Association. The U.S. House bill,