DETROIT - Compuware Corporation's Board of Directors has authorized the repurchase of an additional $300 million of the company's common stock ? and left open the door that additional buy backs may be coming. Compuware issued a statement saying the stock will be purchased on the open market from time-to-time based upon market and business
GRAND RAPIDS - The move from full-time work to full-time leisure will be a gradual one for many tech executives, a new survey shows. Forty-six percent of chief information officers polled said they are likely to consider consulting or project work as a way to transition to retirement. Part-time consulting allows retired IT workers to
LANSING - The Michigan Strategic Fund Board could begin approving investments in venture capital funds in the coming months after approving Wednesday the strategy for making up to $109 million investments ? a fund that would operate separately from the $120 million Venture Michigan Fund. Michigan Economic Development Corporation staff are planning a gathering of
LANSING - The Michigan Land Bank Fast Track Authority has added new sophisticated mapping features to its web site where consumers search for tax reverted properties available for purchase. DLEG?s Land Bank Fast Track Authority worked in partnership with the Michigan Department of Information Technology to make it easier for interested buyers to find key
LANSING - A study that says Michigan's current economic woes are due almost entirely to problems in the automotive industry and that eliminating the Single Business Tax could have little effect on boosting the economy, also indicates the path the state has taken to boost higher education is the right one for Michigan's long-term future.
GRAND RAPIDS ? Grand Rapids bested the Detroit metropolitan area ? including Ann Arbor ? as the best big city for entrepreneurs to do business in the September issue of Entrepreneur magazine. Michigan, unfortunately, ranked 26th nationally. The Grand Rapids-Muskegon-Holland metropolitan statistical area ranked 26th in Entrepreneur magazine?s 12th annual Hot Cities report. The Detroit-Ann
LIVONIA ? A new Management Information Systems degree program will be launched this fall at Madonna University to help meet the increasing demand for IT jobs, which are expected to grow faster than the average for all occupations through the year 2014. ?Interestingly, industry predictions show a shortage of qualified IT people by 2010,? said
ROCHESTER HILLS ? ECD Ovonics Co Founder Iris Ovshinsky died August 16 at her home in Bloomfield Hills. She was 79. Iris and Stan Ovshinsky, her husband and fellow scientist, founded ECD Ovonics in 1960 to research and use new science and technology to solve serious societal problems. Since the company's founding, Iris played a
ANN ARBOR - Although U.S. economic growth has been brisk in recent years, expansion will be moderate through 2008, University of Michigan economists said Thursday in their annual mid-year forecast. The report predicted U.S. economic growth of 2.2 percent during the second half of this year and throughout 2007-the weakest growth rate in five years.
LANSING - Now that Michigan's single business tax is headed to oblivion two years earlier than originally expected, the push to seek out an alternative tax takes on a more serious bent. Business organizations are working on proposals and guidelines for the Legislature to consider, the special joint committee to prepare recommendations on a replacement