Events/Announcements

Granholm Directs State To Cut Greenhouse Gas Emissions By 20 Percent

LANSING - Late Wednesday, Gov. Jennifer Granholm issued a directive implementing a series of recommendations to reduce overall greenhouse gas emissions in the state by 20 percent by 2020 and by 80 percent by 2050. The directive, 2009-4, implements the recommendations of the Michigan Climate Action Council. The group, appointed by Granholm in 2007, issued

By |2009-07-30T00:00:00-04:00July 30th, 2009|Archive, Events/Announcements|

MEDC Gives $14.2 Million To 46 Communities For Infrastructure Work

LANSING - Gov. Jennifer Granholm announced Thursday that 46 communities will receive more than $14.1 million in support of public infrastructure projects to create jobs through the Community Development Block Grant funding made available by the Michigan Economic Development Corporation. "Dynamic communities are the engine of Michigan's continued economic success," Granholm said. "Investment in public

By |2009-07-30T00:00:00-04:00July 30th, 2009|Archive, Events/Announcements|

Delphi Lenders To Wrest Control Of Auto Parts Maker From U.S. Plan

DETROIT - Delphi Corp.'s lenders prevailed in a bankruptcy auction and are poised to take control of the bankrupt auto-parts supplier, beating back a government-orchestrated deal to sell the company to General Motors Co. and a California-based private-equity firm. Delphi's lenders prevailed in the auction by forgiving more than $3.4 billion in debt they are

By |2009-07-28T00:00:00-04:00July 28th, 2009|Archive, Events/Announcements|

Momentum – West Michigan Tech Incubator Creates 3 New Startups

HOLLAND - Momentum, the new West Michigan technology start-up incubator developed by Rick DeVos, grandson of Amway co-founder Richard DeVos, graduated its first three projects on Tuesday night at a coming out party in Holland, this Lake Michigan shoreline community. Public Collections, Revetto, and Downstream all made pitches to potential investors for money. To listen,

By |2009-07-28T00:00:00-04:00July 28th, 2009|Archive, Events/Announcements|

Granholm Cuts State Contract Spending By Up To 10 Percent

LANSING - In another budget cutting move yet this year, Gov. Jennifer Granholm on Tuesday issued an executive directive to reduce state contract spending by 5 percent to 10 percent. Executive Directive 2009-3 also establishes a moratorium on new or expanded personal services contracts and limits the use of temporary employees. Granholm's directive also orders

By |2009-07-28T00:00:00-04:00July 28th, 2009|Archive, Events/Announcements|

Compuware Reports Higher 1Q Net On Lower Revenues

DETROIT - Compuware Corp. late Thursday reported its fiscal first-quarter net income rose to $51 million, or 21 cents a share, from $34.7 million, or 13 cents a share, a year earlier. Revenue, however, decreased to $214.4 million from $298.6 million in the same period last year, the information technology company said. During the company's

By |2009-07-24T00:00:00-04:00July 24th, 2009|Archive, Events/Announcements|