NOVI - ITC Holdings Corp. announced it would give up on a $1.8 billion transaction to buy the high-voltage power lines of the New Orleans utility Entergy. The decision came after the Mississippi Public Service Commission rejected the deal, saying it could result in $300 million in rate hikes for Mississippi electric customers over 10
LANSING - The Michigan Strategic Fund approved a $375,000 Michigan Business Development Program incentive for Vectorform to expand its headquarters in Royal Oak, a project that will generate approximately $2.24 million in new private investment and add up to 75 new jobs, the Michigan Economic Development Corp. announced. ?Vectorform is a leading software design firm
DETROIT ? Internet Advisor Podcast Dec. 14 - 1 Goal 1 Passion drives Mateen Cleaves to help 1,000 needy families in Michigan this holiday. Cleaves led a victorious Spartans to the NCAA basketball title in 2000. Now the Fox Sports Detroit commentator brings that same drive to organizing fellow athletes in this great cause. You
GRAND RAPIDS ? Van Andel Institute announced Monday the appointment of Peter A. Jones Ph.D., D.Sc. to the position of Director of Research, Chief Scientific Officer of Van Andel Research Institute. Jones begins officially on February 17, 2014. Jones is an internationally renowned researcher with more than 40 years? experience in academia in the field
EAST LANSING - The Mateen Cleaves 1 Goal. 1 Passion: Hope for the Holidays campaign is racing to meet its $1.3 million goal of gifting $1,000 in holiday gifts to 1000 struggling Michigan families this holiday season. He will appear on the Internet Advisor as heard on WJR 760 AM in Detroit Saturday at 3:30
AUBURN HILLS - Michael Horn, 51, is to become President and CEO of Volkswagen Group of America, succeeding Jonathan Browning, 54, who is leaving the group and returning to the United Kingdom. Three other promotions were also announced. Those include: Axel Schulte-H�rmann (52) is to be the new Head of After Sales of the Volkswagen
SOUTHFIELD ? Bagger Dave's, a self-styled ultra casual chain of restaurants primarily in Michigan, has hired ePrize to develop a loyalty and in-store rewards program aimed at boring down exactly into what customers want ? and rewarding one with $10,000 in cash on New Year?s Eve. Customers register in Bagger Dave?s Fresh Rewards program via
HOLLAND ? More than 90 percent of both professional services and computer consulting companies in West Michigan expect to hire information technology staffers in the first half of 2014. Only a third of health care companies are adding staff, fewer than in the past several years. Perhaps they had to do their hiring earlier to
DEARBORN - The state and a network of Michigan community colleges announced this week the launch of the Career Jump Start Program to promote training opportunities for Science, Technology, Engineering and Math (STEM) careers to Michigan high school students. Through a network of Michigan?s community colleges, Michigan Works! agencies, employers, trade unions, Chambers and other
NOVI - Mississippi utility regulators have rejected a merger proposal by Entergy Corp. and ITC Holdings Corp., saying the deal could've meant a $300 million rate increase for Mississippi customers over 30 years. "We respect Entergy's desire to improve its organizational effectiveness, but the commission was not persuaded the transfer of ownership would be in