MIDLAND - Nine months after forming, the BlueWater Angels investment group has closed on their first investment in the mid-Michigan region, netting Midland-based Fulcrum Composites more than $200,000 to continue research, development and marketing for their business venture, focusing on alternative energy options. The investment by BWA is the part of a larger investment round
ANN ARBOR - Washtenaw County development agency Ann Arbor SPARK has named Christine Turner as executive director, business development. In her role, Turner will join Vince Nystrom and Ann Arbor SPARK's business development team in managing business attraction and retention efforts, cultivating a vibrant and robust business community throughout Washtenaw County. Prior to joining Ann
LANSING - As bad as the economy has been in Michigan, a study assessing economic distress among the states based on the foreclosure rate, changes in unemployment and the number of people receiving food stamps shows a number of states rank higher in terms of overall distress. The study, part of the Kaiser Family Foundation's
LANSING - In an effort to help the state's economy, Governor Jennifer Granholm on Tuesday signed legislation expanding job training opportunities in high demand fields, by working with companies that need to develop training for job openings. The bills, SB 1342 (PA 359) and HB 6185 (PA 360), were part of some 48 bills signed
GRAND RAPIDS - Mike Brennan, Editor & Publisher of MITechNews.Com, wishes all of our readers and listeners a Happy Holiday season, and a joyous, healthy and prosperous 2009. If you have a story idea, email it to [email protected] a>>
DETROIT - The Ford Fusion hybrid breaks 41 miles per gallon on the highway, 8 MPGs better than the Toyota Camry hybrid. Toyota's president may be stepping down and could be replaced with the grandson of the company's founder. A new kind of oil filter could extend oil changes to 30,000 miles. All that and
RESTON, VA - Online spending over the most recent weekend - Dec. 20-21 - total $677 million, nearly twice as high as the weekend nearest Christmas last year, reports comScore, a leader in measuring the digital world. Holiday season spending online for the first 51 days of the November - December 2008 holiday season have
LANSING - As the self-described toughest year of her administration comes to an end, Governor Jennifer Granholm said Monday that the state had to be "relentless" and "obsessive" in its efforts to restructure the economy, and that despite all the struggles Michigan will be all right in time. "We're a tough state, a tough people,
LANSING - Michigan lost enough people in to lose another congressional seat following the 2010 census - the biggest population loss in the nation. Michigan lost an estimated 46,368 people, or 0.5 percent of its total population, in the last year, according to the U.S. Census Bureau, which released its annual estimates Monday. That means
WASHINGTON - The White House announced a $17.4 billion rescue package for the troubled Detroit auto makers that allows them to avoid bankruptcy and leaves many of the big decisions for the incoming Obama administration. Speaking from the White House, President George W. Bush said the administration decided against forcing a bankruptcy to compel cost-cutting,