LANSING - Bills designed to raise $450 million annually for the state?s crumbling roads and bridges cleared the House floor Thursday. Early last month House Speaker Jase Bolger (R-Marshall) announced a plan that would raise $500 million annually by 2018 without raising taxes. While short of the $1.2 to $2 billion Governor Rick Snyder and
SAN FRANCISCO - Fast Company and Mercedes-Benz are offering a custom Mercedes van worth $50,000 to the start-up that wins the Drive Your Business Forward Contest. The deadline to enter is May 31. Any small business?including startups, nonprofit organizations, and creative companies?can enter by submitting a 60-second video about their company and how they would
HOUGHTON - Nucor Corp. has awarded Michigan Technological University $255,000 to create the Nucor Industrial Control and Automation Laboratory at the Upper Peninsula university. The lab will be a joint effort of the Electrical Engineering Technology program in the School of Technology and the Department of Electrical and Computer Engineering in the College of Engineering.
LANSING - Last decade, Michigan ranked in the bottom ten states for its entrepreneurial environment ? in the latest Michigan Entrepreneurship Score Card ? released May 5 by MIQuest ? shows Michigan is a top ten state for growing start-ups. ?The Score Card rankings mirror what many of us have been seeing in the entrepreneurial
DETROIT - The Southeast Michigan Purchasing Managers Index for April, though down from March, still suggests economic growth.
ANN ARBOR ? An attempt to sell a limited number of tickets for the University of Michigan Football fall campaign by the U-M Alumni Association Thursday went terribly wrong when the volume of traffic crashed the web servers, producing instead a huge volume of complaints. The online sale started at 10 a.m. Thursday. By late
DETROIT - The digital shopping landscape is the focus of a new study from Deloitte Digital, which showed interactions influence 36 cents of every dollar spent in the retail store, or approximately $1.1 trillion. By the end of 2014, that number will climb to 50 percent, or $1.5 trillion of total store sales. The study,
NEW YORK - The Dow Jones industrial average closed at a record high Wednesday after the Fed cut another $10 billion from its monthly stimulus payments. The Dow is now positive for the year after rising 45.47 points, or 0.3 percent, to 16,580.84. It was the Dow's first record close of the year, beating its
NOVI - ITC Holdings Corp., the nation?s largest independent electricity transmission company, has donated $250,000 to Lawrence Technological University to establish the ITC Power Engineering Endowed Scholarship in LTU?s College of Engineering. It will provide a fulltime student with half tuition each year. ITC will also offer a paid internship each year to the student
LANSING - Toyota Motors announced Monday that it was expanding its Ann Arbor technology campus, adding some 250 jobs in the area as the giant automaker announced a massive consolidation of its U.S. operations. The company announced it was consolidating its U.S. headquarters into Plano, Texas. The expansion in Ann Arbor will relocate its direct