Events/Announcements

House Committee Approves Budget For Strategic Fund, MEDC

LANSING - The Michigan House Appropriations Committee on Thursday approved $80 million in funding for the Michigan Strategic Fund and Michigan Economic Development Corporation, no change from the earlier subcommittee proposal. Rep. George Cushingberry (D-Detroit) tried to amend the bill to provide $250,000 toward Middle East and African trade missions, saying that Michigan has lagged

By |2006-05-19T00:00:00-04:00May 19th, 2006|Archive, Events/Announcements|

Word Flaw Used In Cyberattack Waits For Fix

CUPERTINO, Ca. - A new, yet-to-be-fixed security hole in Microsoft Word exposes computer users to cyberattack, Symantec warned Friday. Would-be intruders already have attempted to compromise PCs at a Japanese government entity by exploiting the flaw, Vincent Weafer, the senior director at Symantec Security Response, said in an interview with CNET.Com. In response, Symantec has

By |2006-05-19T00:00:00-04:00May 19th, 2006|Archive, Events/Announcements|

Altair Engineering, Automation Alley Technology Center to Develop Bus Prototype To Revitalize Public Transportation

TROY - Altair Engineering and Automation Alley's Technology Center - in conjunction with the Michigan Economic Development Corporation - have secured a Federal Transportation Authority grant for $2.2 million to build two advanced technology prototype buses that will be more economical and reliable. The $2.2 million federal funding came from two sources. The Department of

By |2006-05-18T00:00:00-04:00May 18th, 2006|Archive, Events/Announcements|

Compuware Doubles 4Q Earnings, Beats Wall Street Estimates

DETROIT - Compuware Corp. reported Tuesday that its fourth-quarter earnings more than doubled and beat Wall Street estimates as a drop in expenses outpaced lower revenue. The company also established a CEO succession plan. The software and information technology services company based in downtown Detroit said its net income climbed to $56.4 million, or 15

By |2006-05-16T00:00:00-04:00May 16th, 2006|Archive, Events/Announcements|

Cingular To Spend $100 Million In Michigan To Expand Network

DETROIT - Cingular Wireless announced Tuesday it is investing more than $100 million in Michigan this year, adding 80 new cell sites, and integrating 300 former AT&T Wireless cell sites to expand its network statewide. The investment builds upon Cingular's 2005 Michigan network investment of more than $60 million. Nationwide, the company spent $6.5 billion

By |2006-05-16T00:00:00-04:00May 16th, 2006|Archive, Events/Announcements|

Attorney General Cox Asks U.S. Supreme Court To Rule On Cell Phone Contracts

LANSING - Michigan Attorney General Mike Cox has filed a brief asking the U.S. Supreme Court to rule on the issue of permitting states to protect consumers against one-sided cell phone contracts. He was joined by Attorneys General in 35 other states. "States have a constitutional right to protect their citizens from unfair contracts," said

By |2006-05-16T00:00:00-04:00May 16th, 2006|Archive, Events/Announcements|