LANSING - Greg Main, the latest president and CEO of the Michigan Economic Development Corp., has been on the job about six months. In this Newsmaker Interview he talks about what he wants to do as the head of the state's economic development agency, and what changes he thinks are needed to help bring the
LANSING - Having a statewide referendum on a revenue proposal may be the right way to go Michigan to resolve its revenue problems, Gov. Jennifer Granholm said Tuesday, but she did not endorse any sort of specific ballot proposal. Speaking to reporters following another meeting with local education officials, this time with Ingham County school
LANSING - A business profits tax should be considered as part of an overall tax restructuring for the state, a spokesperson for Gov. Jennifer Granholm said Tuesday, a day after Lt. Governor John Cherry Jr. called for such a proposal. Liz Boyd, Granholm's spokesperson, said a business profits tax "could be very positive depending on
ANN ARBOR - Don't have coins to drop into the Salvation Army Red Kettle this year.? No worries if you live in Washtenaw County, where the Salvation Army will be taking credit cards at kettles in Briarwood Mall and Sam's Club in Ypsilanti. TSA-WC is the first corps in the state of Michigan, as well
SAN FRANCISCO - T-Mobile said on Wednesday that a software glitch was to blame for a massive outage on Tuesday that left many customers unable to send or receive calls or text messages. "After investigating the cause, we have determined that a back-end system software error had generated abnormal congestion on the network," T-Mobile said
DETROIT - Chrysler CEO Sergio Marchionne held a marathon eight-hour press briefing yesterday and made it very clear the company has the cash, the resources and the plan to turn itself around. Chrysler says it will break even on an operating basis next year. It will break even on a net basis in 2011. By
LANSING - Nominations for the sixth annual Michigan Celebrates Small Business recognition program for entrepreneurs and supporters of small business are now open. In addition, the applications for the Michigan 50 Companies to Watch are also being accepted. Application deadline is Nov. 9. "In years past, we?ve always held one week in reserve," said Jennifer
WARREN - An annual program hosted by Corp! magazine and sponsored by MITechNews.Com honors those companies and organizations that are leading the way for Michigan's green sector. Application deadline is Nov. 6. Self-nominations are accepted. Unless otherwise noted, all information provided on the form and in supporting materials may be used by our editorial team
DETROIT - U.S. auto sales were flat in October but the annualized sales pace was quicker than in September, bolstering confidence the industry remains headed for a slow recovery. General Motors Co. and Ford Motor Co. led the way, posting increases compared with October 2008, when sales were depressed by the financial crisis on Wall
DETROIT - In a dramatic change of course, General Motors Co. backed out of a deal to sell the company's European operations to car-parts supplier Magna International Inc., and now plans to spend billions to restructure the money-losing business itself. The decision to keep control of Opel of Germany and its British sister company Vauxhall