NEW YORK - New York newspaper Newsday plans to begin charging online readers for access to its content, rejecting a trend toward free online newspaper content. The move, which comes as the newspaper industry is mired in financial turmoil, was announced Thursday during a conference call in which Cablevision, the newspaper's owner, also announced it
WASHINGTON - President Barack Obama will propose a combined $634 billion in upper-income tax increases and cuts to government health spending over 10 years to fund a new program aimed at getting health coverage to all Americans, a senior administration official told the Wall Street Journal Wednesday. The spending cuts are aimed not just at
LANSING - Legislative officials expressed regret that the Detroit City Council voted Tuesday to reject a plan to expand Cobo Center, but said they were still committed to efforts to expand the facility and keep the North American International Auto Show in the city. Gov. Jennifer Granholm also expressed disappointment at the action, and doubted
DETROIT - General Motors released its financial results Thursday and the numbers are worse than expected. Revenue fell by $31 billion, and the company lost $31 billion. In the fourth quarter revenue fell by $16 billion and it lost nearly $10 billion. Most worrying, GM lost money everywhere in the world, including Asia and Latin
GRAND RAPIDS - For the past decade, West Michigan technologist Keith Brophy has presented his top 10 technology trends list. This year's list focuses on the growing power of social networking, not as a gossip fence for teenage girls, but as a networking tool for business. Brophy also talked about how the new network computers
WASHINGTON - Governors emerged from a meeting Monday with President Barack Obama pledging to make wise use of the $787 billion stimulus funds coming their way, and to deal with their own problems without waiting for further help. The first $15 billion of that will be released Wednesday to help states with their Medicaid programs.
LANSING - Some of the first uses of federal stimulus funds will be in transportation projects, and Gov. Jennifer Granholm said Thursday the 25,000 jobs those projects are expected to produce depend on quick action by planners and the Michigan Legislature. Michigan is getting $853 million in transportation funds; $640 million for state roads and
ANN ARBOR - NanoBio Corp., a biopharmaceutical company, has acquired $12 million in series B equity financing with Perseus LLC and other existing investors - raising the total raised by the company to develop its NanoStat technology platform to $80 million. The series B funding will be used by the company to complete a phase
LANSING - A proposal to expand the Michigan tax benefit for small businesses by some $251 million got a first look Thursday in the Senate Finance Committee where proponents described it as an essential part of a strategy to rebuild the economy and critics said it would undercut essential state services. The bill (SB 69
WASHINGTON DC - New legislation would impose unprecedented data retention requirements on a broad swath of Internet access providers and is certain to draw fire from businesses and privacy advocates. "While the Internet has generated many positive changes in the way we communicate and do business, its limitless nature offers anonymity that has opened the