LANSING - The Michigan House Commerce Committee began work Wednesday on HB 5273, which would authorize the creation of local stock exchanges in Michigan to help implement the new crowdfunding law designed to help entrepreneurs launch their businesses. Under PA 264 of 2013, businesses seeking investors through crowdfunding can avoid having to register the stocks
LANSING - Three companies will receive $1.55 million state grants to expand, generating $27.6 Million in new capital investment, and perhaps nearly 500 jobs. ?Michigan is the number-one state for creating new manufacturing jobs, and these new expansions demonstrate that our economic climate is more business-friendly than ever and our manufacturing talent pool can compete
DETROIT - Huron Capital Partners LLC has partnered with veteran energy executive Phil Bomrad to form a holding company, Albireo Energy, that it will invest in and partner with regional and niche energy services providers. Companies that provide energy efficiency and grid services for commercial and institutional buildings are the target. The goal is to
LANSING - Governor Rick Snyder on Wednesday put before the Legislature a budget that attempts to build on the fiscal discipline of past years and new growth, with increased and targeted spending on key areas such as education and a tax cut proposal that focuses on persons his critics have charged he hurt. In outlining
SOCHI, Russia - According to an NBC News report, unprepared attendees at the Sochi Olympics are getting hacked the second they fire up their electronic devices. NBC reporter Richard Engel worked with a security expert to set up two test computers in order to see just how quickly he'd be attacked when logging onto Russian
GRAND RAPIDS ? Better Business Bureaus across the country are seeing a rash of reports of ring and runs also known as The One Ring Scam on cell phones recently where returning a missed call from an Unknown number might be tempting, but it could cost you nearly $20. Here is how it works: ?
SOUTHFIELD - Joseph Welch, the chairman, president and CEO of ITC Holdings Corp. based in Novi, has been named to the board of trustees of 4,500-student Lawrence Technological University. Trustees at Lawrence Tech establish strategic direction, help formulate and approve major institutional policies, and hire the university?s executive team. They serve without compensation. Since the
ANN ARBOR ? The University of Michigan Transportation Research Institute is hosting its second vehicle safety conference on Feb. 12 focusing on How will Connected and Autonomous Vehicles Affect Automotive Safety? The conference examines the technology trajectory of connected and autonomous vehicles and how these technology advances will affect vehicle safety over the next 10
SEATTLE - After a six-month search, Microsoft has turned to corporate insider Satva Nadella, executive vice president of the software giant?s Cloud and Enterprise Group, to replace Michigan native Steve Ballmer as president and CEO. The announcement was made Tuesday. Microsoft co-founder Bill Gates will move to a technology advisor role. John Thompson, lead independent
AUBURN HILLS - Chrysler Group Monday reported its January sales were 8 percent higher than the same month a year ago, and the best January sales since 2008. Taking a look at the number, U.S. sales last month totaled 127,183 units, compared with sales of 117,731 in January 2013. The Chrysler, Jeep, Ram Truck, and