WASHINGTON - President Bush named a White House economic adviser, Ben Bernanke as chairman of the Federal Reserve Board on Monday, to replace retiring chairman Alan Greenspan, who has held the reins on the American economy as the official keeper of interest rates since 1987. Bernanke instantly announced his first priority would be "to maintain
DETROIT ? The good news at Compuware in October ? a well attended OJ dot X developers? conference, recognition as one of Metropolitan Detroit's 101 Best and Brightest Companies to Work For, the Women's Leadership Index Most Valuable Player award ? could run out Thursday when the state?s largest native software company announces its quarterly
ANN ARBOR - The Association of Women in Computing Ann Arbor have announced their 2005 Top Michigan Women in Computing Award winners, who will be honored at the AWC Annual Gala scheduled for Nov. 5 at the Fairlane Club in Dearborn. The AWC honors the women for their extraordinary service in computing and outstanding scientific
LANSING - Michigan House Republicans are holding the $1 billion high tech investment package hostage to politics, trying to force Michigan Gov. Jennifer Granholm to give them a cut in the Single Business Tax. House Speaker Craig DeRoche (R-Novi) said Thursday the chamber will likely vote this week to send the bills to conference committee,
LANSING - After hours of negotiations amongst themselves, the Michigan House has prepared the Michigan Telecommunications Act for hours of negotiations to resolve differences between its version and that passed by the Senate last week. Most of the discussion on the bill (HB 5237) Thursday, before it passed on a 100-6 vote, surrounded provisions limiting
LANSING - Teen drivers would have to pull to the side to answer or make a call on their cell phones under legislation approved Thursday by the Michigan House. The bill (HB 5133), passed 78-27, provides a $50 fine for anyone operating under a graduated driver's license caught talking on a cell phone. Supporters said
GRAND RAPIDS - Norlight Telecommunications has adopted an unconventional approach to help recruit hard-to-find candidates for their growing number of technical jobs in the Great Lakes area. The company has created an external referral bonus program to reward anyone who assists Norlight in its quest for "new-hires" to fill vacancies, including four in Grand Rapids.
ROCHESTER HILLS ? gedas USA said it has won a major contract with BorgWarner to upgrade the auto suppliers? IT systems at its Thermal Systems business unit, which will create a global technology platform for BorgWarner in the United States and Germany. No dollar figure was provided. gedas USA will install its gExpress for Automotive
SZEKESFEHERVAR, Hungary ? Automation Alley Spokesman Michelle Zellen, in her journal from the group?s Trade Mission to Eastern Europe, calls her latest entry ?Planes, Trains and Automobiles,? since they traveled on all three modes of transportation over three days in three different countries. On Tuesday, October 18, we continued our Gold Key meetings in Budapest,
LANSING - A $1 billion plan that even supporters say contains some risks in an attempt to jolt Michigan's economy in a new direction by funding technology start ups neared final approval Wednesday with broad bipartisan votes in the Senate. With only four members opposed, the nine-bill securitization package was returned to the House, which