DETROIT- The Southeast Michigan Purchasing Managers Index for August hovered just above the three-month average and well above the value that suggests economic growth. In a show of confidence, more than 93 percent of the respondents believe the Southeast Michigan economy will remain stable or become more stable over the next six months. The tale
DETROIT - Compuware Corporation has agreed to be purchased by Thoma Bravo, a California-based private equity investment firm, for $2.5 billion. The joint press release did not say whether Compuware would remain in Detroit or what would become of its employees. But in an interview CEO Bob Paul said no layoffs were planned. ?Organizations are
ANN ARBOR - The American Institute for Economic Research released their findings on the top 75 college towns in the nation. Ann Arbor made quite the showing at number two in the small metro category. The ?college experience? is about more than simply attending a top-notch university. The city or town where the school is
SOUTHFIELD - Cranbrook Kingswood Girl?s Middle School will host the World Robot Olympiad Michigan Tournament on September 6 to select regular and open category student teams in Michigan. Opening ceremonies begin at 8:30 a.m. and the event is expected to end at 3 p.m. The public is welcome and admission is free. WRO is a
SAN MATEO, Calif. - Following a second consecutive quarter of softer than expected demand, International Data Corporation has lowered its worldwide tablet plus 2-in-1 forecast for 2014 to 233.1 million units. The new Worldwide Quarterly Tablet Tracker forecast represents a 6.5 percent year-over-year growth rate, which is well below the 12.1 percent growth rate previously
SAN FRANCISCO - Not only is the National Security Agency scooping up vast troves of data on the American public, it's also sharing that data with other US government agencies. The NSA has granted access across "nearly two dozen" agencies to data on "more than 850 billion records" that covers more than 30 different kinds
NEW YORK - The scope of last week?s computer attack against JPMorgan Chase and at least one other bank appears to be much larger than initially reported. In addition to possibly affecting seven financial organizations, instead of two as originally reported, some bank records at JPMorgan were altered and possibly deleted, reported CNN, citing unnamed
SOUTHFIELD - Lear Corporation Wednesday announced that it has signed a definitive agreement to acquire Eagle Ottawa, the world's largest supplier of automotive leather for $850 million on a cash and debt free basis. Eagle Ottawa has an experienced management team, modern facilities, a low-cost footprint, diversified customers and a reputation for superior quality, product
EAST LANSING ? Michigan State University?s College of Engineering has recruited not only the largest incoming class of freshmen since 1986, but also the largest number of women to enroll in decades. Some 260 women make up 18 percent of the class, up from 225, or 16 percent, a year ago. The incoming class this
STERLING HEIGHTS - The Macomb-OU INCubator was recently awarded $27,000 in Business Accelerator Funds to provide accelerator services to client company 401K GPS. "Our experience with Mac-OU INC has been stellar, particularly the coaching and support of Mike Brennan. He has provided clarity and creativity as we redefine and grow our business, and he shepherded