LANSING ? A poll by Business Leaders for Michigan shows 60 percent of its members plan to increase hiring in Michigan this year, while two-thirds said they added jobs in the state during 2012. The poll also showed member of the organization remain optimistic that Michigan?s economy will continue to outpace that of the U.S.
RESTON- U.S. retail e-commerce sales reached $186.2 billion, an increase of 15 percent ? the strongest annual growth rate since before the recession, comScore said in a report released Thursday. Q4 2012 sales grew 14 percent year-over-year to $56.8 billion, marking the first ever $50 billion quarter. It also represents the thirteenth consecutive quarter of
STERLING HEIGHTS - The Macomb-OU INCubator has been selected by the Michigan Economic Development Corp. to administer the Defense Advanced Research Projects Agency Federal Matching Program for the State of Michigan. DARPA was established in 1958 to maintain the technological superiority of the United States military. To accomplish this, DARPA supports revolutionary, high-payoff research, bridging
TROY ? Southeast Michigan is ranked at or near the top in technology employment, education and innovation according to a report issued Tuesday by Automation Alley. The report, "From Rust to Resurgence: Detroit's Regional Technology Economy," compares 15 regions across the country. The reported was compiled by Lansing-based Anderson Economic Group LLC. The Greater Detroit
AUSTIN ? Dell confirmed Tuesday that CEO Michael Dell and investment firm Silver Lake are paying $13.65 per share to take the company private, in a deal valued at $24.4 billion. Dell, who owns about 14 percent of his company?s common shares, said Microsoft is also kicking in a $2 billion loan, CNET News.Com reported.
ANN ARBOR - The Pure Michigan Social Entrepreneurship Challenge, the nation's first statewide social entrepreneurship competition, was announced Jan. 31 by the Michigan Economic Development Corporation, Michigan Corps and Great Lakes Entrepreneur's Quest. ?We are thrilled to propel Michigan forward as the nation?s first state to launch a public-private partnership-driven effort focused specifically on advancing
LIVONIA ? Monarch Antenna, developing a smart and adaptive tunable antenna solution for Apple iPhone and Samsung Galaxy III, won first place in Emerging Company category at the fall Great Lakes Entrepreneur's Quest competition Jan. 31 at the Burton Manor. Monarch, based in Ann Arbor, received a check for $5,000. The competition was held during
DETROIT ? Studies show consumers shop for cars and trucks that match their style, their favorite color, and even the best fuel economy. Increasingly, though, experts say vehicle buying decisions hinge on how well consumers? smart phones connect to a car or trucks? Infoentertainment system. ?Towing capability is a unique feature for a certain segment,?
LANSING - Liquid Web has announced significant reductions to bandwidth pricing for all current and future customers that use its Storm Platform, which includes Dedicated, VPS, SSD and Block Storage options in the Cloud. Effective Jan. 29, customers will not pay for any inbound data transfer. In addition, there will be new pricing and packages
MOUNT CLEMENS - Macomb County Community Mental Health has been selected as a demonstration site for Michigan's Integrated Care Project intended to strengthen support and services for persons who are dually eligible for Medicaid and Medicare. The Michigan Department of Community Health is developing the demonstration projects across four regions of the state. By bridging