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ROYAL OAK - There’s a novel way for Michigan to increase tax revenue by legalizing recreational use of cannabis. Were cannabis legal in Michigan in 2017, over $1 billion would be generated by the business in Michigan, and some $221 million in tax revenue, so says Peter Schwartz with Supported Intelligence, part of the Anderson
ANN ARBOR - As unexpected as Donald Trump’s presidential election, consumers expressed much more positive economic expectations following his victory. While the surge in confidence ended by mid-December, it nonetheless led to the highest level of the Sentiment Index since January 2004, according to the University of Michigan Surveys of Consumers. An all-time record number
ANN ARBOR - Martin ZimmermanIt's been a heady couple of years for automotive companies as sales have soared to record levels, particularly sales of profit-rich pickup trucks and SUVs, as gasoline prices have fallen. But that's come with a bit of a price. A higher mix of less fuel efficient vehicles means it will be
LANSING - eTail giant Amazon.Com will build a one million square foot fulfillment warehouse in Livonia and hire one thousand employees after receiving a $7.5 million grant Tuesday from the Michigan Strategic Fund. While all the details remain sketchy and unconfirmed, the Michigan Economic Development Corp told Crain’s Detroit the MEDC is "encouraged by Amazon's
SAN FRANCISCO - Future passwords could be more secure than anything you type, and all you'll have to do is look at your device's iris scanner to unlock it. Your eyes would serve as a more secure form of biometric security than your fingerprints, which hackers have been known to fool with high-resolution photos. The
ROYAL OAK - PodcastDetroit Network founding father David Phillips joins M2 TechCast to announce the Internet radio show network has surpassed 50 shows and opened yet another studio - this one in the Penobscot Building in downtown Detroit. Phillips said the new studio is aimed at businesses that want more production, more hand holding, more
ROYAL OAK - Lisa Vallee Smith, the CEO of Airfoil Group, M2 TechCast to talk about hot tech trends in 2016 and what we might expect in 2017. She said the rise of venture capital in the state is a very positive trend that will help spur the growth of many Michigan tech start-ups. She
OKEMOS - 2016 was the year hacktivists disrupted cyberspace as never before. And offline, hacker activities were much more unsettling to the international status quo. With the mix of fake news, leaked insider information to the press, and claims and counterclaims by public officials, the result was an undermining of news media and government source
LANSING - The Department of Technology, Management and Budget did not ensure that it had identified the state's most critical technology systems and, for those it had identified, it did not ensure that they could be restored within deadlines, a report released Thursday by Auditor General Doug Ringler said. The state designates certain systems as
LANSING - The final legislative session day of the 98th Legislature concluded with passage of the legislation that has dominated the 2015-16 term - a wide-ranging rewrite of the state's energy laws. Governor Rick Snyder, who brokered the 11th-hour deal with the utilities and advocates for greater customer choice who fought bitterly for the past
