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Crain's Detroit Business - News Feeds
EPA asked to probe Michigan's clean air program
An environmental group wants the federal government to investigate what it calls deficiencies in how Michigan administers the Clean Air Act.
An environmental group wants the federal government to investigate what it calls deficiencies in how Michigan administers the Clean Air Act.
Grand jury subpoena on docket in Bravata case
A judge declined to make an immediate decision on how to respond to a subpoena from a grand jury investigating a Detroit-area financial manager and his firms for possible crimes.
A judge declined to make an immediate decision on how to respond to a subpoena from a grand jury investigating a Detroit-area financial manager and his firms for possible crimes.
Lear seeks to raise $450 million in new financing
Lear Corp. is looking to raise at least $450 million in new capital to begin to remove and reduce some of its post-Chapter 11 debt load, the company said in a regulatory filing Wednesday.
Lear Corp. is looking to raise at least $450 million in new capital to begin to remove and reduce some of its post-Chapter 11 debt load, the company said in a regulatory filing Wednesday.
The Michigan Court of Appeals Wednesday denied the Detroit International Bridge Co.'s request for a stay pending appeal a Feb.
The Michigan Court of Appeals Wednesday denied the Detroit International Bridge Co.'s request for a stay pending appeal a Feb.
Comerica repays TARP investment
Dallas-based Comerica Inc. (NYSE: CMA) announced Wednesday afternoon that it has redeemed the $2.25 billion of preferred stock issued to the U.S.
Dallas-based Comerica Inc. (NYSE: CMA) announced Wednesday afternoon that it has redeemed the $2.25 billion of preferred stock issued to the U.S.
Planner hired to help Detroit's downsizing effort
An urban planner who has worked in cities including Washington and Newark, N.J., has been hired to help in a long-term effort to downsize Detroit.
An urban planner who has worked in cities including Washington and Newark, N.J., has been hired to help in a long-term effort to downsize Detroit.
Convicted embezzler awarded state tax break arrested
A convicted embezzler who snagged a $9.1 million business tax credit from the state has been arrested on a parole violation.
A convicted embezzler who snagged a $9.1 million business tax credit from the state has been arrested on a parole violation.
Bobb unveils school closings, restructurings in comprehensive facilities master plan
Detroit Public Schools Emergency Financial Manager Robert Bobb today unveiled a comprehensive facilities master plan for the district today.
Detroit Public Schools Emergency Financial Manager Robert Bobb today unveiled a comprehensive facilities master plan for the district today.
Realcomp II: Non-foreclosure residential sales on the rise
The number of non-foreclosure home sales increased in February across the region compared with the same month in 2009, according to new statistics from Farmington Hills-based Realcomp II Ltd.
The number of non-foreclosure home sales increased in February across the region compared with the same month in 2009, according to new statistics from Farmington Hills-based Realcomp II Ltd.
Compuware COO Bob Paul joins company board
Detroit-based Compuware Corp. (Nasdaq: CPWR) announced Wednesday that its president and COO, Bob Paul, has been elected to the board of directors.
Detroit-based Compuware Corp. (Nasdaq: CPWR) announced Wednesday that its president and COO, Bob Paul, has been elected to the board of directors.
Somanetics reports increased revenue, net income for fiscal first quarter
Troy-based Somanetics Corp. (Nasdaq: SMTS) reported a sharp increase in net income Wednesday for the first quarter of its fiscal year, which ended Feb. 28.
Troy-based Somanetics Corp. (Nasdaq: SMTS) reported a sharp increase in net income Wednesday for the first quarter of its fiscal year, which ended Feb. 28.
Michigan Senate again fails to rescind pay raises
A proposal to rescind a scheduled 3 percent pay raise for union-represented Michigan state government workers has again failed in the state Senate.
A proposal to rescind a scheduled 3 percent pay raise for union-represented Michigan state government workers has again failed in the state Senate.
Business Leaders for Michigan report urges tax, cost controls to improve economic competitiveness
Statewide CEO group Business Leaders for Michigan has released a new report that reiterates a previous conclusion: Michigan lags other states in economic competitiveness.
Statewide CEO group Business Leaders for Michigan has released a new report that reiterates a previous conclusion: Michigan lags other states in economic competitiveness.
Detroit outpaces all but two cities in recession job losses
Only two metropolitan areas have been hit harder than Detroit in tallying up job losses in the recent recession, according to a study released Wednesday morning by the Washington-based Brookings Institution.
Only two metropolitan areas have been hit harder than Detroit in tallying up job losses in the recent recession, according to a study released Wednesday morning by the Washington-based Brookings Institution.
Pistons Care Telethon raised more than $405,000 for Food Bank Council of Michigan
The 2010 Pistons Care Telethon raised more than $405,000 in pledges to benefit the Food Bank Council of Michigan.
The 2010 Pistons Care Telethon raised more than $405,000 in pledges to benefit the Food Bank Council of Michigan.
Wonderstruck Studios coming to Ford Field
The Wonderstruck Studios animation facility project will occupy office space at Ford Field and open by June 1, its backer told Crain’s this afternoon.
The Wonderstruck Studios animation facility project will occupy office space at Ford Field and open by June 1, its backer told Crain’s this afternoon.
Court-appointed lawyer assigned for Monica Conyers appeal
Former Detroit councilwoman Monica Conyers is relying on a court-appointed lawyer to pursue an appeal of her prison sentence for corruption.
Former Detroit councilwoman Monica Conyers is relying on a court-appointed lawyer to pursue an appeal of her prison sentence for corruption.
Former Detroit Tiger Dmitri Young joins Oakland County Cruisers as vice president and senior adviser
Former Detroit Tigers first baseman Dmitri Young has joined the front office of the new Oakland County Cruisers minor-league baseball team.
Former Detroit Tigers first baseman Dmitri Young has joined the front office of the new Oakland County Cruisers minor-league baseball team.
Saab leases Ronnisch Construction building in Royal Oak for new HQ
As Saab AB moves out of the Renaissance Center in Detroit, it will be leasing a building owned by Ronnisch Construction at 4327 Delmere Court in Royal Oak.
As Saab AB moves out of the Renaissance Center in Detroit, it will be leasing a building owned by Ronnisch Construction at 4327 Delmere Court in Royal Oak.
DPS high schools challenged to create student mentorship program for grant money
The West Bloomfield-based Jalen Rose Charitable Fund and Ford Motor Co.
The West Bloomfield-based Jalen Rose Charitable Fund and Ford Motor Co.
AlixPartners hires ex-GM chief Fritz Henderson
Former General Motors CEO Fritz Henderson is working as a consultant for turnaround specialist AlixPartners L.L.P.
Former General Motors CEO Fritz Henderson is working as a consultant for turnaround specialist AlixPartners L.L.P.
New Visteon reorganization plan preserves pensions
Visteon Corp. would keep pension plans covering about 21,000 employees and retirees intact under a revised Chapter 11 reorganization plan submitted for bankruptcy court approval on Monday.
Visteon Corp. would keep pension plans covering about 21,000 employees and retirees intact under a revised Chapter 11 reorganization plan submitted for bankruptcy court approval on Monday.
Powermat charges into Sprint stores
Commerce Township-based Powermat Inc. has started selling its wireless charging products in Sprint stores.
Commerce Township-based Powermat Inc. has started selling its wireless charging products in Sprint stores.
Just as local nonprofits are urging every citizen to be counted in the 2010 Census, ArtServe Michigan is urging arts and culture associations to be counted as part of the Michigan Cultural Data Project in order to solidify their collective case for...
Just as local nonprofits are urging every citizen to be counted in the 2010 Census, ArtServe Michigan is urging arts and culture associations to be counted as part of the Michigan Cultural Data Project in order to solidify their collective case for...
MEGA board OKs credits for 8 projects to bring $80 million in investment
Eight projects bringing new investment and jobs to Southeast Michigan were cleared for more than $24 million in state tax credits or other assistance Tuesday by the board of the Michigan Economic Growth Authority.
Eight projects bringing new investment and jobs to Southeast Michigan were cleared for more than $24 million in state tax credits or other assistance Tuesday by the board of the Michigan Economic Growth Authority.
DPS Financial Manager Robert Bobb unveils $540 million academic plan
Robert Bobb, appointed to overhaul Detroit Public Schools' finances, unveiled a shoot-for-the-moon, five-year academic plan Monday that calls for making sure every high school graduate who applies to college is accepted.
Robert Bobb, appointed to overhaul Detroit Public Schools' finances, unveiled a shoot-for-the-moon, five-year academic plan Monday that calls for making sure every high school graduate who applies to college is accepted.
Detroit hit with big bill in employment fight
The city of Detroit has been ordered to pay more than $900,000 in back pay, legal fees and other compensation to a former employee who claimed she was illegally transferred to another job.
The city of Detroit has been ordered to pay more than $900,000 in back pay, legal fees and other compensation to a former employee who claimed she was illegally transferred to another job.
General Development buys 211 acres of Chrysler land in Auburn Hills
The holding company for the former Chrysler Corp. is closing today on the sale of 211 acres in Auburn Hills to a Southfield-based developer.
The holding company for the former Chrysler Corp. is closing today on the sale of 211 acres in Auburn Hills to a Southfield-based developer.
Lambert, Edwards receives award linked to John Bailey Public Relations acquisition
Grand Rapids-based public relations giant Lambert, Edwards & Associates has been named Small Agency of the Year by PRWeek, an award fueled in part by last year’s acquisition of John Bailey & Associates Inc.
Grand Rapids-based public relations giant Lambert, Edwards & Associates has been named Small Agency of the Year by PRWeek, an award fueled in part by last year’s acquisition of John Bailey & Associates Inc.
DTE offers Webinars on small-business energy efficiency
DTE Energy Co. is starting a series of free energy efficiency Webinars aimed at helping small businesses learn ways to save money on their utility bills.
DTE Energy Co. is starting a series of free energy efficiency Webinars aimed at helping small businesses learn ways to save money on their utility bills.
MDOT plans public briefing on bridge, rail projects
The Michigan Department of Transportation will brief the Detroit City Planning Commission on the Detroit River International Crossing and the Woodward Avenue light rail projects on Thursday.
The Michigan Department of Transportation will brief the Detroit City Planning Commission on the Detroit River International Crossing and the Woodward Avenue light rail projects on Thursday.
New Detroit summit on telling Detroit's story planned for Thursday
The public is invited to participate online in a one-day summit on Thursday aimed at reshaping how Detroit's story is told.
The public is invited to participate online in a one-day summit on Thursday aimed at reshaping how Detroit's story is told.
Susan Sherer named CEO of Heat and Warmth Fund
The Heat and Warmth Fund has named Susan Sherer, former executive director of the Super Bowl XL Host Committee, as its new CEO.
The Heat and Warmth Fund has named Susan Sherer, former executive director of the Super Bowl XL Host Committee, as its new CEO.
Walled Lake sponge maker buys Brillo brand
The sponge and steel wool pad have joined forces to fight filth under Detroit-area ownership.
The sponge and steel wool pad have joined forces to fight filth under Detroit-area ownership.
Last chance to vote in Let's Save Michigan contest
Voting is wrapping up today in a contest from the Detroit Institute of Arts and a public outreach effort aimed at offering the economically battered state some inspiration.
Voting is wrapping up today in a contest from the Detroit Institute of Arts and a public outreach effort aimed at offering the economically battered state some inspiration.
TechTeam delays earnings release
TechTeam Global Inc. has delayed the release of its 2009 fourth-quarter earnings which had been scheduled for this afternoon.
TechTeam Global Inc. has delayed the release of its 2009 fourth-quarter earnings which had been scheduled for this afternoon.
Flagstar Bancorp plans $250 million public stock offering
Troy-based Flagstar Bancorp Inc., (NYSE: FBC) the holding company for Flagstar Bank, announced Monday a public offering of $250 million of common stock.
Troy-based Flagstar Bancorp Inc., (NYSE: FBC) the holding company for Flagstar Bank, announced Monday a public offering of $250 million of common stock.
Pro-atheist bus ads vandalized
Metro Detroit’s suburban bus system has replaced at least three pro-atheist advertisements that were vandalized.
Metro Detroit’s suburban bus system has replaced at least three pro-atheist advertisements that were vandalized.
AMY LANE: Business Leaders for Michigan continues drive against 3 percent pay hike for state workers
Business Leaders for Michigan isn't letting up on its drive to quash a 3 percent pay raise headed for unionized state employees.
Business Leaders for Michigan isn't letting up on its drive to quash a 3 percent pay raise headed for unionized state employees.
Tax break could help Michigan's music industry
A little-known state tax break for music producers could help put Motown back on the music map, but so far no one has taken advantage of it.
A little-known state tax break for music producers could help put Motown back on the music map, but so far no one has taken advantage of it.
Southeast Michigan law firms could net more than $1 million in combined business by June out of arbitration hearings for dozens of dealerships statewide looking to reinstate franchise agreements with General Motors Co. and Chrysler Group L.
Southeast Michigan law firms could net more than $1 million in combined business by June out of arbitration hearings for dozens of dealerships statewide looking to reinstate franchise agreements with General Motors Co. and Chrysler Group L.
Five states rush plans for $1.5B in housing funds
The five states, including Michigan, hardest hit by the foreclosure crisis have only weeks to plan how to spend $1.5 billion in federal funding announced by the Obama administration last month.
The five states, including Michigan, hardest hit by the foreclosure crisis have only weeks to plan how to spend $1.5 billion in federal funding announced by the Obama administration last month.
Silence surrounds GM letter to dealers
Dealers remain tight-lipped as to whether they've been given a letter of intent by General Motors Co. to discuss possible reinstatement.
Dealers remain tight-lipped as to whether they've been given a letter of intent by General Motors Co. to discuss possible reinstatement.
Sowing seed in 2015 could yield $2.8B
After four years of preparation, the Detroit Metro Convention and Visitors Bureau has secured a conference that it expects to generate close to $3 billion in economic impact over five years.
After four years of preparation, the Detroit Metro Convention and Visitors Bureau has secured a conference that it expects to generate close to $3 billion in economic impact over five years.
Five years after his death, Max Fisher's philanthropic, civic and entrepreneurial legacy lives on — through his wife, five children and, soon, his grandchildren.
Five years after his death, Max Fisher's philanthropic, civic and entrepreneurial legacy lives on — through his wife, five children and, soon, his grandchildren.
Absent no more: School reform attracting once-reluctant foundations
Two national foundations funding education reform around the U.S. are beginning to show interest in K-12 education efforts in Detroit.
Two national foundations funding education reform around the U.S. are beginning to show interest in K-12 education efforts in Detroit.
Expansion of Cobo not a sure thing
Conflict could be brewing over the proposed expansion of Detroit's Cobo Center.
Conflict could be brewing over the proposed expansion of Detroit's Cobo Center.
Tax breaks proposed for green building projects
LANSING - Bills that would provide for tax abatements for construction or renovation of LEED-certified buildings are being discussed in Lansing, as lawmakers look at ways to promote community revitalization and development.
LANSING - Bills that would provide for tax abatements for construction or renovation of LEED-certified buildings are being discussed in Lansing, as lawmakers look at ways to promote community revitalization and development.
Innovation Index makes 1st rise in more than a year
The index tracking innovation indicators in Michigan's economy made its first gain in more than a year, driven primarily by a jump in gross job creation.
The index tracking innovation indicators in Michigan's economy made its first gain in more than a year, driven primarily by a jump in gross job creation.
United Physicians' Grant hired to transform care at the DMC
Steven Grant, president and CEO of Bingham Farms-based United Physicians P.C.
Steven Grant, president and CEO of Bingham Farms-based United Physicians P.C.
Than McClure was interested in growing his California-based video game and entertainment business, so he visited Michigan last year to see what the state's film incentives might offer him.
Than McClure was interested in growing his California-based video game and entertainment business, so he visited Michigan last year to see what the state's film incentives might offer him.
Michigan banks slip in national ratings
The quarterly ratings of the nation's banks by Florida-based BauerFinancial Inc. are out, and they show modest slippage by Michigan banks based on a review of filing with federal regulators.
The quarterly ratings of the nation's banks by Florida-based BauerFinancial Inc. are out, and they show modest slippage by Michigan banks based on a review of filing with federal regulators.
Have mayor head DPS? Route uncertain
Major questions must be answered before any changes can be made to the governance model of the Detroit Public Schools, including disbanding the current Board of Education and transferring oversight of the district to an executive...
Major questions must be answered before any changes can be made to the governance model of the Detroit Public Schools, including disbanding the current Board of Education and transferring oversight of the district to an executive...
Monica Conyers gets new attorney in appeal of sentencing
Ann Arbor attorney Douglas Mullkoff will work with former Detroit City Councilwoman Monica Conyers on the appeal of her prison sentence following a bribery plea.
Ann Arbor attorney Douglas Mullkoff will work with former Detroit City Councilwoman Monica Conyers on the appeal of her prison sentence following a bribery plea.
AFL-CIO endorses Democratic gubernatorial candidate Virg Bernero
The Michigan AFL-CIO on Friday endorsed Democratic gubernatorial candidate Virg Bernero, igniting a battle for union endorsements in the race.
The Michigan AFL-CIO on Friday endorsed Democratic gubernatorial candidate Virg Bernero, igniting a battle for union endorsements in the race.
Michigan earns kudos from Trade & Industry Development magazine for economic development successes
Seven Michigan Economic Development Corp.-supported projects have been recognized in the fifth annual Trade & Industry Development magazine economic development awards competition, Gov. Jennifer Granholm said today in a statement.
Seven Michigan Economic Development Corp.-supported projects have been recognized in the fifth annual Trade & Industry Development magazine economic development awards competition, Gov. Jennifer Granholm said today in a statement.
Michigan banks flat in national ratings
The quarterly ratings of the nation's banks by Florida-based BauerFinancial Inc. are out, and they show modest slippage by Michigan banks based on a review of filing with federal regulators.
The quarterly ratings of the nation's banks by Florida-based BauerFinancial Inc. are out, and they show modest slippage by Michigan banks based on a review of filing with federal regulators.
Detroit Orientation Institute and Inside Detroit host spring event
The Detroit Orientation Institute and Inside Detroit are working together to present a one-day orientation event on April 15 called “12 Hours in the D.”
The Detroit Orientation Institute and Inside Detroit are working together to present a one-day orientation event on April 15 called “12 Hours in the D.”
Farmington Hills physician convicted for Medicare fraud
A Farmington Hills-based physician was convicted Thursday in connection to his role in an $18.3 million Medicare fraud scheme, according to the U.S. Attorney’s Office for the Eastern District of Michigan.
A Farmington Hills-based physician was convicted Thursday in connection to his role in an $18.3 million Medicare fraud scheme, according to the U.S. Attorney’s Office for the Eastern District of Michigan.
LG Chem to open Michigan plant for lithium-ion battery production
Korean battery maker LG Chem Ltd. announced today that it will build its new $303 million lithium-ion battery plant in Holland, and the plant will be operated by Troy-based Compact Power Inc.
Korean battery maker LG Chem Ltd. announced today that it will build its new $303 million lithium-ion battery plant in Holland, and the plant will be operated by Troy-based Compact Power Inc.
U.S. report confirms Detroit Metro safety lapses
A federal report has confirmed an air traffic controller's complaints about a pattern of unsafe practices at Detroit Metropolitan Airport.
A federal report has confirmed an air traffic controller's complaints about a pattern of unsafe practices at Detroit Metropolitan Airport.
Sales, net income drop in 2009 for Tecumseh Products
Ann Arbor-based Tecumseh Products Co. lost significantly more money in 2009 than in 2008 amid plummeting sales, though some stability and downsizing helped narrow its loss margin late in the year.
Ann Arbor-based Tecumseh Products Co. lost significantly more money in 2009 than in 2008 amid plummeting sales, though some stability and downsizing helped narrow its loss margin late in the year.
University of Michigan joins Koreans, N.J. company in solar cell effort
The University of Michigan has joined with the South Korean government, Danbrook University, a South Korean university near Seoul, and Global Photonic Energy Corp. of Medford Lakes, N.J.
The University of Michigan has joined with the South Korean government, Danbrook University, a South Korean university near Seoul, and Global Photonic Energy Corp. of Medford Lakes, N.J.
Detroit woman sold food benefits for years
Authorities say a Detroit city employee sold food-assistance coupons for years to people who didn't qualify, costing the U.S. government as much as $648,000.
Authorities say a Detroit city employee sold food-assistance coupons for years to people who didn't qualify, costing the U.S. government as much as $648,000.
Bills introduced for Michigan public retirement plan
Democratic Gov. Jennifer Granholm's plan to spark the retirement of thousands of public employees has some support from Republicans.
Democratic Gov. Jennifer Granholm's plan to spark the retirement of thousands of public employees has some support from Republicans.
Anheuser-Busch sues Illinois Liquor Control Commission to rescue deal with Soave Enterprises
Anheuser-Busch Cos. is suing the Illinois Liquor Control Commission over its decision to deny the beer giant a license to distribute in the state.
Anheuser-Busch Cos. is suing the Illinois Liquor Control Commission over its decision to deny the beer giant a license to distribute in the state.
Michigan Republicans push stem cell reporting measure
Public universities doing embryonic stem cell research would face reporting requirements under a bill advancing in the Michigan Senate.
Public universities doing embryonic stem cell research would face reporting requirements under a bill advancing in the Michigan Senate.
Erb Foundation approves $1.09 million in funding, awards $75,000 of it to Southwest Solutions
The Fred A. and Barbara M. Erb Family Foundation has approved a $75,000 grant to Southwest Solutions to support renovation of a former police station in Detroit into a creative arts center.
The Fred A. and Barbara M. Erb Family Foundation has approved a $75,000 grant to Southwest Solutions to support renovation of a former police station in Detroit into a creative arts center.
City of Detroit sells $250 million in bonds at lower-than-planned interest rate
The city of Detroit has sold $250 million in fiscal stabilization bonds, Dan Lijana, communications manager for Detroit Mayor Dave Bing said Thursday afternoon.
The city of Detroit has sold $250 million in fiscal stabilization bonds, Dan Lijana, communications manager for Detroit Mayor Dave Bing said Thursday afternoon.
Fathead L.L.C. moves headquarters to Detroit
Fathead L.L.C. makes life-size, three-dimensional wall graphics featuring popular athletes, team logos and entertainment stars. It plans to move its headquarters to downtown Detroit from Livonia.
Fathead L.L.C. makes life-size, three-dimensional wall graphics featuring popular athletes, team logos and entertainment stars. It plans to move its headquarters to downtown Detroit from Livonia.
United Physicians CEO hired to lead internal health care reform at the Detroit Medical Center
Steven Grant, president and CEO of the Bingham Farms-based United Physicians P.C.
Steven Grant, president and CEO of the Bingham Farms-based United Physicians P.C.
Carolyn Cheeks Kilpatrick called to Detroit grand jury
U.S. Rep. Carolyn Cheeks Kilpatrick, the mother of Detroit's former mayor, said Thursday she will comply with a subpoena to testify before a federal grand jury in Michigan.
U.S. Rep. Carolyn Cheeks Kilpatrick, the mother of Detroit's former mayor, said Thursday she will comply with a subpoena to testify before a federal grand jury in Michigan.
Robert Larson, longtime Taubman Co. executive, dies at 75
Robert C. Larson, a longtime executive of The Taubman Co., died this morning at William Beaumont Hospital in Royal Oak after a long illness.
Robert C. Larson, a longtime executive of The Taubman Co., died this morning at William Beaumont Hospital in Royal Oak after a long illness.
Kilpatrick's motion to remove judge denied
A judge who is overseeing the probation of former Detroit Mayor Kwame Kilpatrick can stay on the case.
A judge who is overseeing the probation of former Detroit Mayor Kwame Kilpatrick can stay on the case.
State closes payday lender over violations
The state's Office of Financial and Insurance Regulation has revoked the license of Add Holdings L.L.C., a Ferndale-based payday lender doing business under the name Cash & Go.
The state's Office of Financial and Insurance Regulation has revoked the license of Add Holdings L.L.C., a Ferndale-based payday lender doing business under the name Cash & Go.
Casino cash could boost local scholarship programs
School districts could use money received through agreements with tribal-run casinos to fund college scholarship programs through legislation approved by the Michigan Senate.
School districts could use money received through agreements with tribal-run casinos to fund college scholarship programs through legislation approved by the Michigan Senate.
Pontiac Silverdome’s new owners announce event plans for this year
The Pontiac Silverdome will return to life on April 17 with a monster truck and freestyle motocross event called “Domination in the Dome.”
The Pontiac Silverdome will return to life on April 17 with a monster truck and freestyle motocross event called “Domination in the Dome.”
Sun Communities reports increased funds from operations for 4Q
Revenue increased in the fourth quarter for Sun Communities Inc. (NYSE: SUI) compared to 2008, and funds from operations turned positive.
Revenue increased in the fourth quarter for Sun Communities Inc. (NYSE: SUI) compared to 2008, and funds from operations turned positive.
Michigan Economic Activity Index climbs in January, points to ongoing recovery
The Michigan Economic Activity Index climbed four points in January to 81, the highest level since November 2008, and Comerica Bank's Dana Johnson predicts continued improvement in the months ahead.
The Michigan Economic Activity Index climbed four points in January to 81, the highest level since November 2008, and Comerica Bank's Dana Johnson predicts continued improvement in the months ahead.
HealthMedia CEO Ted Dacko to step down as president
Ted Dacko, who is credited with guiding Ann Arbor-based HealthMedia Inc.
Ted Dacko, who is credited with guiding Ann Arbor-based HealthMedia Inc.
Asset Acceptance reports net loss of $20 million for 4Q
Warren-based Asset Acceptance Capital Corp. (Nasdaq: AACC), a purchaser and collector of charged-off consumer debt, has reported a sharp decline in revenue and net income for both the fourth quarter that ended Dec. 31 and for 2009.
Warren-based Asset Acceptance Capital Corp. (Nasdaq: AACC), a purchaser and collector of charged-off consumer debt, has reported a sharp decline in revenue and net income for both the fourth quarter that ended Dec. 31 and for 2009.
Monica Conyers gets 37 months in prison
Ex-Detroit councilwoman Monica Conyers was sentenced to more than three years in prison Wednesday for bribery after a federal judge refused to set aside her guilty plea during a stormy court hearing dominated by a dispute over evidence of other...
Ex-Detroit councilwoman Monica Conyers was sentenced to more than three years in prison Wednesday for bribery after a federal judge refused to set aside her guilty plea during a stormy court hearing dominated by a dispute over evidence of other...
Coalition lays out plan for Detroit students: 90 percent post-secondary enrollment by 2020
A coalition of educators, nonprofits, government and community organizations are vying to create a city-wide standard for K-12 education in Detroit, regardless of school governance, with the goal that by 2020, Detroit will be the first major U.S.
A coalition of educators, nonprofits, government and community organizations are vying to create a city-wide standard for K-12 education in Detroit, regardless of school governance, with the goal that by 2020, Detroit will be the first major U.S.
Nine on Forbes' world billionaires list from Michigan
Michigan has nine representatives on Forbes' just-released list of world billionaires — four are from Southeast Michigan.
Michigan has nine representatives on Forbes' just-released list of world billionaires — four are from Southeast Michigan.
Gov. Granholm pitches Michigan for Google’s fiber optic broadband network
Gov. Jennifer Granholm was in California Wednesday pitching Michigan as a site for Google Inc. to test its new ultra-high speed fiber optic broadband network.
Gov. Jennifer Granholm was in California Wednesday pitching Michigan as a site for Google Inc. to test its new ultra-high speed fiber optic broadband network.
Illinois Liquor Control Commission nixes Busch-Soave deal
The Illinois Liquor Control Commission on Wednesday denied Anheuser-Busch's bid to distribute its own beer in the state, a victory for the political heavyweights who dominate the local booze and beer distribution business.
The Illinois Liquor Control Commission on Wednesday denied Anheuser-Busch's bid to distribute its own beer in the state, a victory for the political heavyweights who dominate the local booze and beer distribution business.
Former Vinyl Tech Window Systems Inc. employee pleads guilty to embezzling $1.7 million
The former controller of Holly-based Vinyl Tech Window Systems Inc., accused of embezzling more than $1.7 million from her employer, pleaded guilty to a federal charge of aiding a false tax return today at federal court.
The former controller of Holly-based Vinyl Tech Window Systems Inc., accused of embezzling more than $1.7 million from her employer, pleaded guilty to a federal charge of aiding a false tax return today at federal court.
Pentagon gives Adaptive Materials Inc. $2.9M fuel cell deal
Adaptive Materials Inc. says it has received a $2.9 million Pentagon contract to develop a 300-watt fuel cell system.
Adaptive Materials Inc. says it has received a $2.9 million Pentagon contract to develop a 300-watt fuel cell system.
Voters may get chance to weigh in on funding for Michigan schools
A plan that a leading Michigan House Democrat is exploring would ask voters to help decide the future of school funding.
A plan that a leading Michigan House Democrat is exploring would ask voters to help decide the future of school funding.
Rockwell Medical increases revenue, narrows losses
Wixom-based Rockwell Medical Technologies Inc. (Nasdaq: RMTI) reported improved results Wednesday for both the fourth quarter that ended Dec. 31 and for all of 2009.
Wixom-based Rockwell Medical Technologies Inc. (Nasdaq: RMTI) reported improved results Wednesday for both the fourth quarter that ended Dec. 31 and for all of 2009.
Single-family home permits were up in January compared to 2009 and the six-month forecast also shows an increase through the summer.
Single-family home permits were up in January compared to 2009 and the six-month forecast also shows an increase through the summer.
Keller Williams gains 62 agents in Ann Arbor
Even though 2009 was a tough year for residential real estate, the Ann Arbor office of Keller Williams Realty had a net gain of 62 agents. Part of the hires came from the formation of a new commercial division.
Even though 2009 was a tough year for residential real estate, the Ann Arbor office of Keller Williams Realty had a net gain of 62 agents. Part of the hires came from the formation of a new commercial division.
A123 announces project for Livonia plant, wins tax breaks in Romulus
Advanced battery manufacturer A123 Systems Inc. plans to manufacture advanced lithium ion battery systems for all-electric delivery vehicles at a plant in Livonia scheduled to open later this month.
Advanced battery manufacturer A123 Systems Inc. plans to manufacture advanced lithium ion battery systems for all-electric delivery vehicles at a plant in Livonia scheduled to open later this month.
Diane Dietz named communications officer for Big Ten Conference
Former Cranbrook Educational Community executive Diane Dietz has been hired as the chief communications officer for the Big Ten Conference.
Former Cranbrook Educational Community executive Diane Dietz has been hired as the chief communications officer for the Big Ten Conference.
Film investment summit planned for April 22 in Troy
A free event aimed at educating investors about Michigan film productions and the state's film incentives is on tap for next month.
A free event aimed at educating investors about Michigan film productions and the state's film incentives is on tap for next month.
Michigan loses 80,000 jobs since January 2009
Michigan lost 80,101 jobs and 913 manufacturing companies between January 2009 and two months ago, according to data published in the annual Michigan Manufacturers Directory for 2010.
Michigan lost 80,101 jobs and 913 manufacturing companies between January 2009 and two months ago, according to data published in the annual Michigan Manufacturers Directory for 2010.
Detroit Board of Education plans to sue Robert Bobb over philanthropic support for salary
The Detroit Board of Education plans to sue the district's emergency financial manager over money he's receiving from philanthropic organizations.
The Detroit Board of Education plans to sue the district's emergency financial manager over money he's receiving from philanthropic organizations.
Michigan's January jobless rate dips to 14.3 percent
The seasonally adjusted jobless rate reported Tuesday is down from December.
The seasonally adjusted jobless rate reported Tuesday is down from December.
Detroit council votes down measure to back board of education on district academies
Detroit City Council voted down a measure Tuesday to back the Detroit Board of Education control of district academics.
Detroit City Council voted down a measure Tuesday to back the Detroit Board of Education control of district academics.
Bing lays groundwork for downsizing plan
Detroit Mayor Dave Bing said Tuesday the city will focus on demolishing thousands of its most dangerous vacant homes and fixing up salvageable ones as he lays the groundwork for a long-term plan to downsize.
Detroit Mayor Dave Bing said Tuesday the city will focus on demolishing thousands of its most dangerous vacant homes and fixing up salvageable ones as he lays the groundwork for a long-term plan to downsize.
Ex-prosecutor will help Riddle fight charges
Detroit political consultant Sam Riddle has turned to a former federal prosecutor to defend him against corruption charges at a second trial.
Detroit political consultant Sam Riddle has turned to a former federal prosecutor to defend him against corruption charges at a second trial.
Nonprofit board service comes with specific responsibilities
It may sound simple, but the most important function of a nonprofit board chair is to shut down sidebar conversations and “BlackBerry prayers” during board meetings, said PVS Chemicals Inc. President and CEO Jim Nicholson.
It may sound simple, but the most important function of a nonprofit board chair is to shut down sidebar conversations and “BlackBerry prayers” during board meetings, said PVS Chemicals Inc. President and CEO Jim Nicholson.
Kwame Kilpatrick arraigned on probation violation
Ex-Detroit Mayor Kwame Kilpatrick has been arraigned on a probation violation and released on a $10,000 personal bond pending another hearing Thursday.
Ex-Detroit Mayor Kwame Kilpatrick has been arraigned on a probation violation and released on a $10,000 personal bond pending another hearing Thursday.
Detroit Public Television tapped all sources for capital campaign
Detroit Public Television mined little-known family foundations as part of its strategy to close out its recent $22 million capital campaign.
Detroit Public Television mined little-known family foundations as part of its strategy to close out its recent $22 million capital campaign.
To be part of estate plans, nonprofits need to court estate planners
Nonprofits should get to know local estate planning professionals so they can be included in the expected transfer of $972 billion from U.S. citizen estates over the next 50 years.
Nonprofits should get to know local estate planning professionals so they can be included in the expected transfer of $972 billion from U.S. citizen estates over the next 50 years.
MDOT: $51 million project to repair, rebuild Telegraph Road
Motorists in several suburban Detroit communities soon will face orange barrels and traffic snarls as construction is set to begin on one area road.
Motorists in several suburban Detroit communities soon will face orange barrels and traffic snarls as construction is set to begin on one area road.
James Samborn, Edward Pappas named co-chairmen of Dickinson Wright
Detroit-based Dickinson Wright P.L.L.C. has appointed former law firm CEO James Samborn and Edward Pappas, partner, as co-chairmen of the firm to succeed former mayor Dennis Archer in that post.
Detroit-based Dickinson Wright P.L.L.C. has appointed former law firm CEO James Samborn and Edward Pappas, partner, as co-chairmen of the firm to succeed former mayor Dennis Archer in that post.
Black United Fund names Kenneth Donaldson president and CEO
Black United Fund of Michigan Inc. has named Kenneth Donaldson president and CEO.
Black United Fund of Michigan Inc. has named Kenneth Donaldson president and CEO.
Newt Gingrich to give keynote address at Mackinac Policy Conference
Former Republican U.S. House of Representatives Speaker Newt Gingrich will give a keynote address at the Detroit Regional Chamber’s June Mackinac Policy Conference.
Former Republican U.S. House of Representatives Speaker Newt Gingrich will give a keynote address at the Detroit Regional Chamber’s June Mackinac Policy Conference.
Gaming board OKs tax rollback for Greektown Casino Hotel
The tax load for Greektown Casino Hotel got a little lighter Tuesday after the Michigan Gaming Control Board approved a tax rollback request.
The tax load for Greektown Casino Hotel got a little lighter Tuesday after the Michigan Gaming Control Board approved a tax rollback request.
Corktown Development Corp. suspends operations due to lack of funds
Facing a shortage of funds, the Greater Corktown Development Corp. has closed its doors.
Facing a shortage of funds, the Greater Corktown Development Corp. has closed its doors.
David Hall plans to start own mortgage company, Hall Financial
David Hall is expected to formally announce Wednesday that he is back in the mortgage business with the launch of Birmingham-based Hall Financial.
David Hall is expected to formally announce Wednesday that he is back in the mortgage business with the launch of Birmingham-based Hall Financial.
Comerica Inc. begins public sale of $800 million in common stock
Dallas-based Comerica Inc. announced Monday that it has begun a public offering of about $800 million of common stock for sale to the general public.
Dallas-based Comerica Inc. announced Monday that it has begun a public offering of about $800 million of common stock for sale to the general public.
Syntel Inc. gets noncompliance notice from Nasdaq Exchange
Troy-based Syntel Inc. (Nasdaqq: SYNT) announced Tuesday that it has been notified by the Nasdaq Stock Exchange that it is in noncompliance with market rules.
Troy-based Syntel Inc. (Nasdaqq: SYNT) announced Tuesday that it has been notified by the Nasdaq Stock Exchange that it is in noncompliance with market rules.
Kwame Kilpatrick arrives in court for hearing
Former Detroit Mayor Kwame Kilpatrick has arrived in Wayne County Circuit Court, awaiting arraignment on a probation violation.
Former Detroit Mayor Kwame Kilpatrick has arrived in Wayne County Circuit Court, awaiting arraignment on a probation violation.
GMAC finance chief leaving for private equity job
Automotive finance company GMAC Financial Services says its chief financial officer will leave at the end of March.
Automotive finance company GMAC Financial Services says its chief financial officer will leave at the end of March.
Vernon Polite, dean of Eastern Michigan University's College of Education, dies at 61
Vernon Polite, dean of the Eastern Michigan University College of Education, died Monday evening of an undisclosed illness.
Vernon Polite, dean of the Eastern Michigan University College of Education, died Monday evening of an undisclosed illness.
Michigan Growth Capital Symposium planned for May 11-12 in Ypsilanti
The 29th Michigan Growth Capital Symposium, which connects Midwest start-ups, mostly tech companies, with potential investors and service providers, has announced its two keynote speakers for the year’s event, May 11-12 at the Marriott...
The 29th Michigan Growth Capital Symposium, which connects Midwest start-ups, mostly tech companies, with potential investors and service providers, has announced its two keynote speakers for the year’s event, May 11-12 at the Marriott...
Study: Higher hospital occupancy can lead to increased risk of patient deaths
Hospitals that have higher occupancy rates are more likely to lead to higher mortality risks for patients, according to a study of 39 hospitals in Michigan by the University of Michigan Health System in Ann Arbor.
Hospitals that have higher occupancy rates are more likely to lead to higher mortality risks for patients, according to a study of 39 hospitals in Michigan by the University of Michigan Health System in Ann Arbor.
Ann Arbor-based Aastrom Biosciences Inc. announced Tuesday that it has treated the last patient for a Phase 2 U.S. Food and Drug Administration study of a stem cell-based therapy for congestive heart failure.
Ann Arbor-based Aastrom Biosciences Inc. announced Tuesday that it has treated the last patient for a Phase 2 U.S. Food and Drug Administration study of a stem cell-based therapy for congestive heart failure.
Blue Care Network ends bid for Physicians Health Plan of Mid-Michigan
In a surprise reversal, Southfield-based Blue Care Network has agreed to end its plan to acquire Physicians Health Plan of Mid-Michigan for $45 million from Sparrow Health System in Lansing.
In a surprise reversal, Southfield-based Blue Care Network has agreed to end its plan to acquire Physicians Health Plan of Mid-Michigan for $45 million from Sparrow Health System in Lansing.
Ferndale hoping to avoid layoffs with concessions from unions
Ferndale city officials hope a combination of union givebacks, retirements and restructuring can avert a need to lay off 46 employees, including 21 police officers and firefighters, to balance next year’s budget.
Ferndale city officials hope a combination of union givebacks, retirements and restructuring can avert a need to lay off 46 employees, including 21 police officers and firefighters, to balance next year’s budget.
Wireless Toyz Inc. hopes to set aside jury verdict for more than $200,000
Farmington Hills-based Wireless Toyz Inc. hopes to set aside a jury verdict for more than $200,000 against the company and one of its executives, in one of several lawsuits alleging fraud and violations of Michigan franchise laws.
Farmington Hills-based Wireless Toyz Inc. hopes to set aside a jury verdict for more than $200,000 against the company and one of its executives, in one of several lawsuits alleging fraud and violations of Michigan franchise laws.
PSB Group reports net loss of $9 million for 4Q
Madison Heights-based PSB Group Inc. (OTCBB: PSBG), the holding company for Peoples State Bank, has reported a slight decline in its losses for both the fourth quarter that ended Dec. 31 and for 2009.
Madison Heights-based PSB Group Inc. (OTCBB: PSBG), the holding company for Peoples State Bank, has reported a slight decline in its losses for both the fourth quarter that ended Dec. 31 and for 2009.
New name for St. John Health System
Don't call it the St. John Health System anymore. It is now the St. John Providence Health System.
Don't call it the St. John Health System anymore. It is now the St. John Providence Health System.
Region's economy expands in February, purchasers index shows
Southeast Michigan's economy expanded in February, according to a survey of local purchasing managers.
Southeast Michigan's economy expanded in February, according to a survey of local purchasing managers.
Feds: Conyers deserves 'substantial' prison term
Federal prosecutors say a judge should consider other acts of alleged corruption when he sentences former Detroit City Councilwoman Monica Conyers.
Federal prosecutors say a judge should consider other acts of alleged corruption when he sentences former Detroit City Councilwoman Monica Conyers.
Recession spurs employee loyalty, Kelly Services survey finds
More than a quarter of employees surveyed worldwide by Kelly Services Inc. (Nasdaq: KELY A, B) say that the recession has made them more loyal to their employers.
More than a quarter of employees surveyed worldwide by Kelly Services Inc. (Nasdaq: KELY A, B) say that the recession has made them more loyal to their employers.
Rep. Carolyn Cheeks Kilpatrick picks up Democratic challenger
State Sen. Hansen Clarke has announced he will run for the congressional seat held by fellow Detroit Democrat Carolyn Cheeks Kilpatrick.
State Sen. Hansen Clarke has announced he will run for the congressional seat held by fellow Detroit Democrat Carolyn Cheeks Kilpatrick.
State survey: 86% of public school districts expect to have layoffs
A new survey says 86 percent of Michigan's public school districts expect to have layoffs in the next academic year.
A new survey says 86 percent of Michigan's public school districts expect to have layoffs in the next academic year.
Prosecutor: Who's paying Kilpatrick's bill?
Authorities want to know who's been paying the restitution of former Detroit Mayor Kwame Kilpatrick
Authorities want to know who's been paying the restitution of former Detroit Mayor Kwame Kilpatrick
MCC hosts event on economic renewal
Macomb Community College will host a luncheon to discuss what metro Detroit can learn from investments made by Turin, Italy, to spur an economic turnaround following the significant decline of Turin-based Fiat S.p.A..
Macomb Community College will host a luncheon to discuss what metro Detroit can learn from investments made by Turin, Italy, to spur an economic turnaround following the significant decline of Turin-based Fiat S.p.A..
Inforum, Sphere to study trends affecting women
Inforum Michigan has formed a research partnership with Waterford Township-based Sphere Trending to launch a four-part series of reports exploring several trends affecting women in 2010.
Inforum Michigan has formed a research partnership with Waterford Township-based Sphere Trending to launch a four-part series of reports exploring several trends affecting women in 2010.
Detroit Stem Cell Summit gains sponsor
The World Stem Cell Summit, which will be held in Detroit Oct. 4-6, has gained an additional educational sponsor with the fledgling Alliance for Regenerative Medicine.
The World Stem Cell Summit, which will be held in Detroit Oct. 4-6, has gained an additional educational sponsor with the fledgling Alliance for Regenerative Medicine.
The Cove picked up the Oscar for Best Documentary last night during the Academy Awards, and it owes at least a fraction of its success to a metro Detroit company.
The Cove picked up the Oscar for Best Documentary last night during the Academy Awards, and it owes at least a fraction of its success to a metro Detroit company.
Switching tracks: Kilpatrick backs high-speed rail over commuter
U.S. Rep. Carolyn Cheeks Kilpatrick is warning that she is shifting her support from commuter rail projects in Michigan, such as a proposed Ann Arbor-Detroit route, to the high-speed rail projects favored by the Obama administration.
U.S. Rep. Carolyn Cheeks Kilpatrick is warning that she is shifting her support from commuter rail projects in Michigan, such as a proposed Ann Arbor-Detroit route, to the high-speed rail projects favored by the Obama administration.
Kilpatrick's support follows the money
U.S. Rep.
U.S. Rep.
WEB EXTRA: Facts on the Detroit River bridge projects
Here are some facts, figures and details about the two Detroit River bridge projects:
Here are some facts, figures and details about the two Detroit River bridge projects:
Pontiac film studio investor Nelson used to complex deals
Making a career move eight years ago from marketing executive to real estate investor, Linden Nelson's next career jump is riding on whether a massive Pontiac film project can be financed by April 30.
Making a career move eight years ago from marketing executive to real estate investor, Linden Nelson's next career jump is riding on whether a massive Pontiac film project can be financed by April 30.
Cause of July fire at Nelson home ‘undetermined’
Investigators remain baffled by the cause of a fire that destroyed most of Linden Nelson's $4.9 million home last summer.
Investigators remain baffled by the cause of a fire that destroyed most of Linden Nelson's $4.9 million home last summer.
2 businessmen seek funds for autism center
Two Detroit businessmen who have children with autism are making the rounds of companies and foundations to drum up financial support to open a multipurpose autism center.
Two Detroit businessmen who have children with autism are making the rounds of companies and foundations to drum up financial support to open a multipurpose autism center.
Bernstein: AG post would be platform for ‘real battles’
Richard Bernstein believes he can take the state's top law enforcement position in directions it has yet to go.
Richard Bernstein believes he can take the state's top law enforcement position in directions it has yet to go.
Could both bridge projects tumble down?
Metro Detroit could soon go from two Detroit River bridge projects to none, a potential traffic and logistics migraine that's considered unlikely but has those involved warning that the region is poised to lose jobs if they fail.
Metro Detroit could soon go from two Detroit River bridge projects to none, a potential traffic and logistics migraine that's considered unlikely but has those involved warning that the region is poised to lose jobs if they fail.
Meadowbrook acquisition drove growth
Robert Cubbin, CEO of Southfield-based Meadowbrook Insurance Group (NYSE: MIG), said a 37.9 percent increase in 2009 operating income over 2008 is a sign that the 2008 acquisition of ProCentury Corp.
Robert Cubbin, CEO of Southfield-based Meadowbrook Insurance Group (NYSE: MIG), said a 37.9 percent increase in 2009 operating income over 2008 is a sign that the 2008 acquisition of ProCentury Corp.
Econ Club plans to build on 75th anniversary
The Detroit Economic Club is preparing to celebrate its 75th anniversary with events designed to shore up its finances and renew member and regional commitment to the organization.
The Detroit Economic Club is preparing to celebrate its 75th anniversary with events designed to shore up its finances and renew member and regional commitment to the organization.
Rising costs have people with insurance delaying care – survey
A new survey in Michigan challenges long-held assumptions that people with insurance have adequate access to health care services and confirms the negative impact that rising health care prices have on choices consumers make when they need medical...
A new survey in Michigan challenges long-held assumptions that people with insurance have adequate access to health care services and confirms the negative impact that rising health care prices have on choices consumers make when they need medical...
Wayne County asks to get some of state’s unused stimulus bonds
A stimulus-act bond program that can significantly reduce the cost of private projects has been well utilized in Wayne County — so well, county officials say, that they'd like the state to redistribute bond capacity allocated to other...
A stimulus-act bond program that can significantly reduce the cost of private projects has been well utilized in Wayne County — so well, county officials say, that they'd like the state to redistribute bond capacity allocated to other...
Rise of global platforms drives AZ Automotive deal
AZ Automotive Corp. is expected to close a deal this week to secure an equity investment from a global supplier of automotive stampings, welded assemblies and vehicle body structure components based in Portugal.
AZ Automotive Corp. is expected to close a deal this week to secure an equity investment from a global supplier of automotive stampings, welded assemblies and vehicle body structure components based in Portugal.
Poverty summit eyes job skills, more
Forty local and national experts gathered in Detroit last week to present their ideas for reducing poverty in the country's largest metropolitan areas over the next two to four years.
Forty local and national experts gathered in Detroit last week to present their ideas for reducing poverty in the country's largest metropolitan areas over the next two to four years.
Some Michigan cities, including Detroit and Romulus, bet casinos would boost economy
Some cash-strapped Michigan cities are hoping they'll get a chance to host new casinos that could bring in tax revenues and jobs.
Some cash-strapped Michigan cities are hoping they'll get a chance to host new casinos that could bring in tax revenues and jobs.
Detroit workshop focuses on beekeeping in cities
A group called CityBees/Detroit is holding its first conference today. The event focuses on beekeeping in cities.
A group called CityBees/Detroit is holding its first conference today. The event focuses on beekeeping in cities.
GM says it will reinstate 661 rejected dealerships
General Motors Co. said today it plans to reinstate 661 of the 1,160 rejected dealerships that applied for arbitration to get their franchises back.
General Motors Co. said today it plans to reinstate 661 of the 1,160 rejected dealerships that applied for arbitration to get their franchises back.
Ex-Detroit mayor loses appeal over restitution
Former Detroit Mayor Kwame Kilpatrick has failed to persuade the Michigan appeals court to overturn a decision requiring special restitution payments to the city.
Former Detroit Mayor Kwame Kilpatrick has failed to persuade the Michigan appeals court to overturn a decision requiring special restitution payments to the city.
Wayne County loses MERC ruling on AFSCME pay adjustments
A decision this week by the Michigan Employment Relations Commission ruled that Wayne County went against its collective bargaining agreement with American Federation of State, County and Municipal Employees when it stopped paying 2...
A decision this week by the Michigan Employment Relations Commission ruled that Wayne County went against its collective bargaining agreement with American Federation of State, County and Municipal Employees when it stopped paying 2...
Great Lakes shipping season to begin March 21
The Poe Lock in Sault Ste. Marie will open at 7 a.m. March 21, signaling an early start to the commercial shipping season on the Great Lakes.
The Poe Lock in Sault Ste. Marie will open at 7 a.m. March 21, signaling an early start to the commercial shipping season on the Great Lakes.
Panel: New infrastructure and better perceptions needed to improve downtown Detroit retail climate
Improving the downtown infrastructure and changing mindsets are key to making Detroit a place for more walkable retail, said business and economic development executives at a retail real estate event Thursday.
Improving the downtown infrastructure and changing mindsets are key to making Detroit a place for more walkable retail, said business and economic development executives at a retail real estate event Thursday.
Detroit low-income households to get $3 million in federal funds for Internet training
The U.S.
The U.S.
Kelly Government Solutions inks five-year government contract
The U.S. government has awarded Kelly Government Solutions a five-year contract of undisclosed value.
The U.S. government has awarded Kelly Government Solutions a five-year contract of undisclosed value.
Detroit Lions sign defensive end, wide receiver
Detroit Lions owner William Clay Ford Jr. is opening his wallet to make a splash on the first day of free agency in the National Football League’s first salary cap-less season since 1992.
Detroit Lions owner William Clay Ford Jr. is opening his wallet to make a splash on the first day of free agency in the National Football League’s first salary cap-less season since 1992.
Lear to add jobs at Indiana plant
Lear Corp. said it will increase production and add 285 jobs this year at its northwest Indiana seat manufacturing plant.
Lear Corp. said it will increase production and add 285 jobs this year at its northwest Indiana seat manufacturing plant.
Engineering Society of Detroit hosts Monday job fair
General Motors Co. and 31 other companies plan to recruit employees for new engineering, technical and scientific positions at the Engineering Society of Detroit’s job fair on Monday.
General Motors Co. and 31 other companies plan to recruit employees for new engineering, technical and scientific positions at the Engineering Society of Detroit’s job fair on Monday.
Detroit Public Schools announces security upgrade
The Detroit Public Schools is spending about $41.7 million over the next year to upgrade safety and security hardware.
The Detroit Public Schools is spending about $41.7 million over the next year to upgrade safety and security hardware.
Democrat Kildee drops out of Michigan governor's race
Former Genesee County Treasurer Dan Kildee announced Friday that he's dropping out of Michigan's Democratic governor's race, setting the stage for a likely bruising primary fight between House Speaker Andy Dillon and Lansing Mayor Virg Bernero.
Former Genesee County Treasurer Dan Kildee announced Friday that he's dropping out of Michigan's Democratic governor's race, setting the stage for a likely bruising primary fight between House Speaker Andy Dillon and Lansing Mayor Virg Bernero.
Detroit, Ann Arbor getting $21.2 million in federal transit grants
Detroit and Ann Arbor are collectively receiving $21.2 million in federal transit grants, out of $34.6 million awarded to Michigan on Friday.
Detroit and Ann Arbor are collectively receiving $21.2 million in federal transit grants, out of $34.6 million awarded to Michigan on Friday.
University Research Corridor starts transportation research program
The University Research Corridor, a coalition comprised of Michigan State University, the University of Michigan and Wayne State University, is starting new transportation research consortium.
The University Research Corridor, a coalition comprised of Michigan State University, the University of Michigan and Wayne State University, is starting new transportation research consortium.
Report: Michigan hospitals struggle with rising uncompensated care
Michigan's hospitals are reaching a breaking point in their collective struggle to provide community health care services in the face of rising charity care, bad debt and government payment shortfalls, according to the Michigan Hospital and...
Michigan's hospitals are reaching a breaking point in their collective struggle to provide community health care services in the face of rising charity care, bad debt and government payment shortfalls, according to the Michigan Hospital and...
Community Central Bank raises $4.225 million in stock sale
Community Central Bank Corp. (NASDAQ: CCBD) raised $4.225 million by selling shares of Series B convertible preferred stock in a private sale to local investors.
Community Central Bank Corp. (NASDAQ: CCBD) raised $4.225 million by selling shares of Series B convertible preferred stock in a private sale to local investors.
Governor moves to create Michigan Finance Authority
Gov. Jennifer Granholm is moving to consolidate 10 public finance authorities run by state government into one new entity, the Michigan Finance Authority.
Gov. Jennifer Granholm is moving to consolidate 10 public finance authorities run by state government into one new entity, the Michigan Finance Authority.
Police investigate alleged horse-race fixing ring at 3 Michigan tracks
Michigan and Ontario are investigating an alleged horse-race fixing ring at three Michigan tracks.
Michigan and Ontario are investigating an alleged horse-race fixing ring at three Michigan tracks.
Livonia-based Tower Automotive L.L.C. filed plans today to go public and raise up to $100 million in an IPO, according to a Securities and Exchange Commission filing made today.
Livonia-based Tower Automotive L.L.C. filed plans today to go public and raise up to $100 million in an IPO, according to a Securities and Exchange Commission filing made today.
Regionalism, light rail a priority for Downtown Detroit Partnership
Regional leaders confirmed a commitment to regionalism and light rail at the Downtown Detroit Partnership’s annual luncheon today.
Regional leaders confirmed a commitment to regionalism and light rail at the Downtown Detroit Partnership’s annual luncheon today.
Key Plastics L.L.C. acquires some assets of German supplier
Northville-based Key Plastics L.L.C.
Northville-based Key Plastics L.L.C.
Rep. Sander Levin is acting chairman of Ways and Means panel
Rep. Sander Levin of Michigan was chosen Thursday as acting chairman of the tax-writing House Ways and Means Committee, a post that plays a major role in health care and billions of dollars in expiring tax cuts.
Rep. Sander Levin of Michigan was chosen Thursday as acting chairman of the tax-writing House Ways and Means Committee, a post that plays a major role in health care and billions of dollars in expiring tax cuts.
Michigan misses out in 1st round of Race to the Top educational funding
Michigan has missed out on receiving educational funding under the first round of awards through the federal government's “Race to the Top” initiative.
Michigan has missed out on receiving educational funding under the first round of awards through the federal government's “Race to the Top” initiative.
Michigan retains 3rd-place ranking by Site Selection magazine
Michigan again ranks third place in a national magazine ranking of corporate expansions and locations.
Michigan again ranks third place in a national magazine ranking of corporate expansions and locations.
Alleged Ponzi schemes bilk almost $16 million from 180 investors in Detroit area
Michigan's Office of Financial and Insurance Regulation says it has uncovered two metro Detroit Ponzi schemes that allegedly bilked at least 180 investors out of an estimated $16 million.
Michigan's Office of Financial and Insurance Regulation says it has uncovered two metro Detroit Ponzi schemes that allegedly bilked at least 180 investors out of an estimated $16 million.
Net income, revenue continue slide in 4Q at Saga Communications Inc.
Grosse Pointe Farms-based broadcasting company Saga Communications Inc. saw net income and revenue continue to slide in the fourth quarter of 2009, ending a year of significant decline.
Grosse Pointe Farms-based broadcasting company Saga Communications Inc. saw net income and revenue continue to slide in the fourth quarter of 2009, ending a year of significant decline.
Ambassador Bridge deck replacement project could start in May
A complete deck replacement of all four lanes of the privately-owned 81-year-old Ambassador Bridge tentatively could begin by May.
A complete deck replacement of all four lanes of the privately-owned 81-year-old Ambassador Bridge tentatively could begin by May.
Study: MEGA, other state tax incentive programs not effective
A study released Thursday cites some key Michigan tax incentive programs as ineffective in producing jobs and tax revenue, compared with what would result from a change in tax rates.
A study released Thursday cites some key Michigan tax incentive programs as ineffective in producing jobs and tax revenue, compared with what would result from a change in tax rates.
Champion Enterprises Inc. gets court’s OK to emerge from bankruptcy
Champion Enterprises Inc. (Pink Sheets: CJHBQ) has won court approval of the financial structure to emerge from bankruptcy.
Champion Enterprises Inc. (Pink Sheets: CJHBQ) has won court approval of the financial structure to emerge from bankruptcy.
Explosion halts Better Made Snack Foods factory's potato chip production
Workers at the Better Made Snack Foods factory in Detroit were sent home today after an explosion in the oil heating process for potato chips shook parts of the building.
Workers at the Better Made Snack Foods factory in Detroit were sent home today after an explosion in the oil heating process for potato chips shook parts of the building.
US: Contractor Karl Kado a big help in Detroit corruption probe
Federal prosecutors say a Detroit contractor who bribed city officials secretly recorded conversations on video and audio with "corrupt subjects."
Federal prosecutors say a Detroit contractor who bribed city officials secretly recorded conversations on video and audio with "corrupt subjects."
Dan Krichbaum new interim director of state’s Department of Civil Rights
Dan Krichbaum, Gov. Jennifer Granholm’s chief operating officer, has been tapped to be interim director of the Michigan Department of Civil Rights.
Dan Krichbaum, Gov. Jennifer Granholm’s chief operating officer, has been tapped to be interim director of the Michigan Department of Civil Rights.
Southeast Michigan startups get $155,000 from Michigan Microloan Fund
Four Southeast Michigan companies have received loans through the Michigan Microloan Fund program managed by nonprofit business incubator Ann Arbor Spark.
Four Southeast Michigan companies have received loans through the Michigan Microloan Fund program managed by nonprofit business incubator Ann Arbor Spark.
Aastrom Biosciences Inc. regains compliance for listing on Nasdaq
Ann Arbor-based Aastrom Biosciences, Inc. (Nasdaq:ASTMD today reported that the company has regained compliance with the $1-per-share minimum threshold for continued listing of its stock on the NASDAQ Stock Exchange.
Ann Arbor-based Aastrom Biosciences, Inc. (Nasdaq:ASTMD today reported that the company has regained compliance with the $1-per-share minimum threshold for continued listing of its stock on the NASDAQ Stock Exchange.
MEDC plans accelerator funds for investing in startups
The Michigan Economic Development Corp. took a step towards authorizing an earmark of $12 million for two new funds designed to invest in early-stage startups.
The Michigan Economic Development Corp. took a step towards authorizing an earmark of $12 million for two new funds designed to invest in early-stage startups.
Bill to boost funds for Pure Michigan tourism ads clears state Senate
A bill that would earmark $9.5 million in state use taxes to go toward the state’s tourism-marketing campaign cleared the state Senate on Wednesday but faces further debate in the House.
A bill that would earmark $9.5 million in state use taxes to go toward the state’s tourism-marketing campaign cleared the state Senate on Wednesday but faces further debate in the House.
McGregor Fund makes $1.23 million in grants to nonprofits
The McGregor Fund in Detroit approved $1.23 million in grants for the second quarter of this year.
The McGregor Fund in Detroit approved $1.23 million in grants for the second quarter of this year.
No disruption of federal unemployment benefits, state officials say
State officials on Wednesday said there will be no interruption in federally funded unemployment benefit payments to Michigan workers, in the wake of approval of another temporary extension of federal UI benefits.
State officials on Wednesday said there will be no interruption in federally funded unemployment benefit payments to Michigan workers, in the wake of approval of another temporary extension of federal UI benefits.
Automation Alley begins program to create 3,000 local defense jobs
Several local defense contractors, colleges and universities, and trade associations formally agreed with Troy-based Automation Alley on Wednesday to launch a program in Sterling Heights that could create up to 3,000 local jobs in defense...
Several local defense contractors, colleges and universities, and trade associations formally agreed with Troy-based Automation Alley on Wednesday to launch a program in Sterling Heights that could create up to 3,000 local jobs in defense...
BAE Systems to join Northrop Grumman in combat vehicle proposal
BAE Systems Inc.’s business operations in Sterling Heights and Troy will collaborate with Los Angeles-based Northrop Grumman Corp.
BAE Systems Inc.’s business operations in Sterling Heights and Troy will collaborate with Los Angeles-based Northrop Grumman Corp.
UM begins assessment for IT overhaul
The University of Michigan is beginning assessments of individual departments this month as part of a comprehensive overhaul of its information-technology infrastructure that the university says could cut its IT costs by 10 percent to 20...
The University of Michigan is beginning assessments of individual departments this month as part of a comprehensive overhaul of its information-technology infrastructure that the university says could cut its IT costs by 10 percent to 20...
Bob Lutz, the longtime auto industry executive who led a near-complete overhaul of General Motors' lineup, will retire May 1.
Bob Lutz, the longtime auto industry executive who led a near-complete overhaul of General Motors' lineup, will retire May 1.
Detroit to host American Society of Association Executives convention in 2015
The American Society of Association Executives and the Center for Association Leadership announced that Detroit will host its 2015 convention.
The American Society of Association Executives and the Center for Association Leadership announced that Detroit will host its 2015 convention.
Business marketing seminar set for Russell Bazaar
Organizers of last week’s Black Business Festival at the Russell Bazaar are offering a semi-monthly seminar geared toward small businesses.
Organizers of last week’s Black Business Festival at the Russell Bazaar are offering a semi-monthly seminar geared toward small businesses.
State can lead way in vehicle electrification, Sakti3 CEO tells ESD conference
Ann Marie Sastry, CEO and co-founder of Ann Arbor-based Sakti3, said Michigan can lead the way in vehicle electrification and, in doing so, reduce the state’s carbon footprint and oil dependence and create green jobs.
Ann Marie Sastry, CEO and co-founder of Ann Arbor-based Sakti3, said Michigan can lead the way in vehicle electrification and, in doing so, reduce the state’s carbon footprint and oil dependence and create green jobs.
Atheists reach out to nonbelievers with ad campaign on SMART buses
Advertisements for an atheist organization will begin appearing on a dozen buses in metro Detroit Thursday as part of a month-long education and outreach campaign.
Advertisements for an atheist organization will begin appearing on a dozen buses in metro Detroit Thursday as part of a month-long education and outreach campaign.
Bobb gets pay increase as part of DPS contract extension
Robert Bobb received an $81,000 pay increase for his second year as the Detroit Public Schools emergency financial manager, according to his 2010 contract extension.
Robert Bobb received an $81,000 pay increase for his second year as the Detroit Public Schools emergency financial manager, according to his 2010 contract extension.
Mike Huckabee endorses Mike Cox for governor
Former Arkansas governor and 2008 presidential candidate Mike Huckabee has endorsed Michigan Attorney General Mike Cox in his bid for governor.
Former Arkansas governor and 2008 presidential candidate Mike Huckabee has endorsed Michigan Attorney General Mike Cox in his bid for governor.
Tecumseh names board member David Goldberg
Tecumseh Products Co. has named David Goldberg to fill one of two seats on its board of directors that has been vacant since a leadership change at the company last August.
Tecumseh Products Co. has named David Goldberg to fill one of two seats on its board of directors that has been vacant since a leadership change at the company last August.
Oakland University gets $1.5 million in NSF stimulus grants
Oakland University says it has received three National Science Foundation stimulus grants totaling about $1.5 million for teacher training and research projects.
Oakland University says it has received three National Science Foundation stimulus grants totaling about $1.5 million for teacher training and research projects.
TACOM researchers receive $420,000 in grants to develop defense sensor
Two researchers at the U.S.
Two researchers at the U.S.
Effort to rescind Michigan state worker pay raise fails
An effort to rescind a 3 percent raise for roughly 35,000 state workers later this year has failed in the state Senate.
An effort to rescind a 3 percent raise for roughly 35,000 state workers later this year has failed in the state Senate.
Grosse Pointe Park businessmen face prison time, fines for illegal gambling operation
A Macomb County attorney and his colleague could each face up to a year in prison, more than $20,000 in fines and the loss of more than $300,000 in assets connected with an illegal gambling operation.
A Macomb County attorney and his colleague could each face up to a year in prison, more than $20,000 in fines and the loss of more than $300,000 in assets connected with an illegal gambling operation.
Detroit Edison Co. to spend $18 million on solar energy pilot program
The Detroit Edison Co. is moving forward with a contract to spend up to $18 million this year on a solar energy pilot program.
The Detroit Edison Co. is moving forward with a contract to spend up to $18 million this year on a solar energy pilot program.
Coast Guard terminates permit process for Ambassador Bridge second span
Citing the litany of ongoing lawsuits related to the project, the U.S. Coast Guard today said it has issued a letter to the Detroit International Bridge Co.
Citing the litany of ongoing lawsuits related to the project, the U.S. Coast Guard today said it has issued a letter to the Detroit International Bridge Co.
Domino's Pizza reports increased net income for 2009
Ann Arbor-based Domino's Pizza Inc. (NYSE DPZ) reported flat revenue this morning, but increased net income for 2009 — driven largely by a $56.3 million gain related to the repurchase and retirement of fixed-rate senior notes.
Ann Arbor-based Domino's Pizza Inc. (NYSE DPZ) reported flat revenue this morning, but increased net income for 2009 — driven largely by a $56.3 million gain related to the repurchase and retirement of fixed-rate senior notes.
Grand jury wants records of 2 Bravata money firms
A grand jury is investigating a Detroit-area financial manager and his companies, months after federal regulators filed a lawsuit accusing him of fraud.
A grand jury is investigating a Detroit-area financial manager and his companies, months after federal regulators filed a lawsuit accusing him of fraud.
Largest TRW Automotive shareholder to unload more than 10 million shares of stock
The largest shareholder of Livonia-based TRW Automotive Holdings Inc. (NYSE: TRW) and top executives at the supplier are looking to unload 11 million shares of stock.
The largest shareholder of Livonia-based TRW Automotive Holdings Inc. (NYSE: TRW) and top executives at the supplier are looking to unload 11 million shares of stock.
Ann Arbor residents, students urged to support Google high-speed network
Ann Arbor and University of Michigan officials are calling on city residents and students to help make the case for why Google Inc. should install ultra high-speed broadband infrastructure in the city.
Ann Arbor and University of Michigan officials are calling on city residents and students to help make the case for why Google Inc. should install ultra high-speed broadband infrastructure in the city.
Detroit Public Schools negotiates millions in real estate deals as a landlord, seller
The Detroit Public Schools has generated more than $4 million in revenue by selling 11 vacant properties over the last 12 months and is close to selling millions more.
The Detroit Public Schools has generated more than $4 million in revenue by selling 11 vacant properties over the last 12 months and is close to selling millions more.
Grubb & Ellis in Southfield hires Matthew Swantko, expands retail business
With the acquisition of a prominent local retail broker, the Southfield office of Grubb & Ellis Co. will make retail a growing mainstay of its brokerage division.
With the acquisition of a prominent local retail broker, the Southfield office of Grubb & Ellis Co. will make retail a growing mainstay of its brokerage division.
TriMas reports 4Q net loss of $11.4 million
Annual sales were down for every business segment at Bloomfield Hills-based TriMas Corp. but the company still improved its bottom line after eliminating some debt and picking up new sales in the fourth quarter.
Annual sales were down for every business segment at Bloomfield Hills-based TriMas Corp. but the company still improved its bottom line after eliminating some debt and picking up new sales in the fourth quarter.
Michigan DNRE hiring for 1,200-plus summer jobs
Summer is coming — eventually — and the Michigan Department of Natural Resources and Environment is hiring.
Summer is coming — eventually — and the Michigan Department of Natural Resources and Environment is hiring.
Quicken Loans looking for more office space in Detroit
Online mortgage giant Quicken Loans is looking to move about 500 to 700 additional workers to offices in downtown Detroit.
Online mortgage giant Quicken Loans is looking to move about 500 to 700 additional workers to offices in downtown Detroit.
Detroit Independent Film Festival starts 6-day run
The Detroit Independent Film Festival is kicking off its six-day run. The new festival opens today and runs through Sunday at the Burton Theatre.
The Detroit Independent Film Festival is kicking off its six-day run. The new festival opens today and runs through Sunday at the Burton Theatre.
Clean Energy Coalition among three nonprofits to share $175,996 in energy grants
Three Southeast Michigan nonprofit organizations will share $175,996 in grants to help local units of government with energy-efficiency efforts.
Three Southeast Michigan nonprofit organizations will share $175,996 in grants to help local units of government with energy-efficiency efforts.
CMS Energy Corp.'s net income down 23 percent
A one-time charge in the fourth quarter helped drop CMS Energy Corp.'s net income 23 percent for 2009, compared with the previous year.
A one-time charge in the fourth quarter helped drop CMS Energy Corp.'s net income 23 percent for 2009, compared with the previous year.
Panel: Lawyer for Kilpatrick broke rules
A former lawyer for ex-Detroit Mayor Kwame Kilpatrick faces sanctions and possible disbarment after an attorney discipline panel found he broke rules in a whistleblower lawsuit.
A former lawyer for ex-Detroit Mayor Kwame Kilpatrick faces sanctions and possible disbarment after an attorney discipline panel found he broke rules in a whistleblower lawsuit.
Troy city manager: Job cuts not immediate
Troy City Manager John Szerlag said proposed job cuts of up to one-third of the city's employees will not take effect tonight — but they do have to happen.
Troy City Manager John Szerlag said proposed job cuts of up to one-third of the city's employees will not take effect tonight — but they do have to happen.
Detroit-based contractors and workers to receive top billing with new DPS construction projects
Detroit-based construction businesses and workers are to receive top hiring priority as the Detroit Public Schools pours $500.5 million into 18 school construction and renovation projects over the next three years.
Detroit-based construction businesses and workers are to receive top hiring priority as the Detroit Public Schools pours $500.5 million into 18 school construction and renovation projects over the next three years.
Blue Cross Blue Shield posts $12 million in net income in 2009
Boosted by $241.5 million in investment income, Blue Cross Blue Shield of Michigan reported Monday net income of $12 million for 2009 compared with a loss of $145 million in 2008
Boosted by $241.5 million in investment income, Blue Cross Blue Shield of Michigan reported Monday net income of $12 million for 2009 compared with a loss of $145 million in 2008
Ex-BBDO Detroit staffers now part of new Omnicom Group agency in Troy
Omnicom Group is putting a number of former BBDO Detroit staffers back to work today with the launch of a new retail-focused shop called Retail 3.
Omnicom Group is putting a number of former BBDO Detroit staffers back to work today with the launch of a new retail-focused shop called Retail 3.
Detroit Zoo is top zoo, theme park destination for Google Maps’ trike
Potential visitors from all over the country and world will soon be able to take a virtual tour of the Detroit Zoo through Google Maps’ Street View.
Potential visitors from all over the country and world will soon be able to take a virtual tour of the Detroit Zoo through Google Maps’ Street View.
Dick Purtan Radiothon raises $2.34 million for Salvation Army
The Dick Purtan Radiothon held last Friday raised $2.34 million during 16 hours to benefit the Salvation Army, Eastern Michigan Division’s Bed and Bread Club which feeds and shelters the homeless.
The Dick Purtan Radiothon held last Friday raised $2.34 million during 16 hours to benefit the Salvation Army, Eastern Michigan Division’s Bed and Bread Club which feeds and shelters the homeless.
Richard Bernstein launches Michigan attorney general campaign
Lawyer Richard Bernstein has kicked off his campaign seeking the Democratic nomination to run for attorney general in Michigan.
Lawyer Richard Bernstein has kicked off his campaign seeking the Democratic nomination to run for attorney general in Michigan.
U.S. Small Business Administration offers crop-related disaster loans in Michigan
Federal disaster loans are available to small businesses, small agricultural cooperatives and private nonprofits in Michigan because of cold weather that hurt crops last year.
Federal disaster loans are available to small businesses, small agricultural cooperatives and private nonprofits in Michigan because of cold weather that hurt crops last year.
Michigan House Speaker Andy Dillon joined a crowded field for governor on Sunday, declaring the race the state's most critical gubernatorial election in decades.
Michigan House Speaker Andy Dillon joined a crowded field for governor on Sunday, declaring the race the state's most critical gubernatorial election in decades.
CHAD HALCOM: Turnover, turnaround in the air at Butzel Long
Detroit-based Butzel Long P.C. may have shed as much as 10 percent of its year-ago attorney headcount — over and above in those it added by absorption or joint venture with other law firms during 2009.
Detroit-based Butzel Long P.C. may have shed as much as 10 percent of its year-ago attorney headcount — over and above in those it added by absorption or joint venture with other law firms during 2009.
Downturn good for expanding accounting firms
The economic downturn is providing opportunities for expansion for at least a few local accounting firms.
The economic downturn is providing opportunities for expansion for at least a few local accounting firms.
University of Michigan gives financial push to move ideas to products
Software that translates drawings of chemical compounds into standard notation is moving from a campus research project toward commercial application, with help from the University of Michigan.
Software that translates drawings of chemical compounds into standard notation is moving from a campus research project toward commercial application, with help from the University of Michigan.
Blues membership off 6% amid layoffs
Primarily due to the poor economy and layoffs in the auto industry, total membership in Blue Cross group accounts dropped 6 percent, bringing membership in groups and individual products to 4.46 million, down from 4.69 million in 2008.
Primarily due to the poor economy and layoffs in the auto industry, total membership in Blue Cross group accounts dropped 6 percent, bringing membership in groups and individual products to 4.46 million, down from 4.69 million in 2008.
Investment team may seek Pistons
The Detroit Pistons may become the target of an investment consortium that includes the owners of three U.S. pro sports franchises and is publicly fronted by a Rochester businessman.
The Detroit Pistons may become the target of an investment consortium that includes the owners of three U.S. pro sports franchises and is publicly fronted by a Rochester businessman.
Plans for college prep high schools get $13M kickoff
Four Michigan foundations have committed $13 million to open the first of 35 new college preparatory high schools planned for metro Detroit over the next eight years.
Four Michigan foundations have committed $13 million to open the first of 35 new college preparatory high schools planned for metro Detroit over the next eight years.
State budget seeks federal help
There are lots of Michigan eyes on Washington right now, on the lookout for a key chunk of the state's proposed budget.
There are lots of Michigan eyes on Washington right now, on the lookout for a key chunk of the state's proposed budget.
Marygrove to build center for new sports
Marygrove College plans to break ground this month on a 10-acre outdoor athletic development on its Detroit campus at 8425 W.
Marygrove College plans to break ground this month on a 10-acre outdoor athletic development on its Detroit campus at 8425 W.
I-94 industrial park: An idea whose time is past?
Over the past 10 years, Detroit's Economic Development Corp. has spent $8.6 million acquiring property to form an industrial park on the city's east side.
Over the past 10 years, Detroit's Economic Development Corp. has spent $8.6 million acquiring property to form an industrial park on the city's east side.
Linkner sees 3-D, games in ePrize's future
Josh Linkner, 39, announced on Feb. 8 that he was stepping down as CEO of the Pleasant Ridge-based online promotions and sweepstakes company he founded in 1999 to focus on new ideas, strategies and business relationships.
Josh Linkner, 39, announced on Feb. 8 that he was stepping down as CEO of the Pleasant Ridge-based online promotions and sweepstakes company he founded in 1999 to focus on new ideas, strategies and business relationships.
When diversifying, look to specialize; start in own field
Diversification can be a smart move for businesses large and small, said Ed King, director of small-business services in Wayne State University's department of professional and executive development, but there's a fine line to walk.
Diversification can be a smart move for businesses large and small, said Ed King, director of small-business services in Wayne State University's department of professional and executive development, but there's a fine line to walk.
Nominations sought for top interns, employers
Today Crain's Detroit Business, working with the Detroit Regional Chamber's InternInMichigan.com, will kick off its Intern and Employer of the Year contest.
Today Crain's Detroit Business, working with the Detroit Regional Chamber's InternInMichigan.com, will kick off its Intern and Employer of the Year contest.
United Way plans program to help schools feed more kids
The United Way for Southeastern Michigan plans to launch a pilot program in March to embed “food navigators” in school districts in Wayne, Oakland and Macomb counties to make free and reduced-cost meals more accessible to needy...
The United Way for Southeastern Michigan plans to launch a pilot program in March to embed “food navigators” in school districts in Wayne, Oakland and Macomb counties to make free and reduced-cost meals more accessible to needy...
Food navigator program part of larger effort to close hunger gap
United Way for Southeastern Michigan's food navigator program is part of a three-pronged approach to meet the rising need for food in a depressed economy.
United Way for Southeastern Michigan's food navigator program is part of a three-pronged approach to meet the rising need for food in a depressed economy.
IT center tops list of MEGA grants
The state last week granted some $25.5 million in tax credits or other assistance to companies planning nearly $134 million in investment in Southeast Michigan.
The state last week granted some $25.5 million in tax credits or other assistance to companies planning nearly $134 million in investment in Southeast Michigan.
Ductz sweeps into carpet, upholstery cleaning
Less than a year after launching a commercial hood-cleaning business, Ductz International L.L.C. is entering the residential carpet and upholstery market.
Less than a year after launching a commercial hood-cleaning business, Ductz International L.L.C. is entering the residential carpet and upholstery market.
Urban Land Institute to showcase properties
ALSO: Ann Arbor wants Google network.
ALSO: Ann Arbor wants Google network.
Ilitches' hiring of Wilson points toward arena effort
Last week, the Ilitch sports and entertainment empire announced two major hirings: Johnny Damon to play left field for the Detroit Tigers and Tom Wilson to be lead new business ventures — which collectively saw revenue of $2.
Last week, the Ilitch sports and entertainment empire announced two major hirings: Johnny Damon to play left field for the Detroit Tigers and Tom Wilson to be lead new business ventures — which collectively saw revenue of $2.
Gieleghem: Tighter budgets, growth plans for Macomb
Macomb County Commission Chairman Paul Gieleghem talked tighter government budgets and structural change amid falling property values at his State of the County address Thursday — but left room for growth in economic development efforts.
Macomb County Commission Chairman Paul Gieleghem talked tighter government budgets and structural change amid falling property values at his State of the County address Thursday — but left room for growth in economic development efforts.
Rick Snyder rises in poll on race for governor
Republican Rick Snyder's "one tough nerd" campaign ads have given him a substantial boost in the Michigan governor's race.
Republican Rick Snyder's "one tough nerd" campaign ads have given him a substantial boost in the Michigan governor's race.
Michigan House Speaker Andy Dillon to announce candidacy for governor on Sunday
Michigan House Speaker Andy Dillon, D-Redford Township, will formally announce Sunday at 1 p.m. at the Detroit Diesel Corp. plant in his hometown that he is running for governor.
Michigan House Speaker Andy Dillon, D-Redford Township, will formally announce Sunday at 1 p.m. at the Detroit Diesel Corp. plant in his hometown that he is running for governor.
Two Detroit-area malls selling naming rights
Two Detroit-area shopping malls are putting naming rights to the centers up for sale.
Two Detroit-area shopping malls are putting naming rights to the centers up for sale.
Robert Bobb to be panelist at Pancakes and Politics breakfast forum
Popular political discussion series Pancakes and Politics is set to return March 19 for its fifth season.
Popular political discussion series Pancakes and Politics is set to return March 19 for its fifth season.
UM’s Kellogg Eye Center to open $132 million tower
The University of Michigan’s W.K. Kellogg Eye Center will open its new eight-story Brehm Tower on March 1, giving patients, researchers and educators an additional 230,000 square feet of space.
The University of Michigan’s W.K. Kellogg Eye Center will open its new eight-story Brehm Tower on March 1, giving patients, researchers and educators an additional 230,000 square feet of space.
Foreclosure assistance Web portal for homeowners launches today
The Southeast Michigan Regional Foreclosure Intervention and Neighborhood Stabilization Collaborative this morning launched a new Web portal to provide homeowners with a single source for foreclosure prevention and assistance.
The Southeast Michigan Regional Foreclosure Intervention and Neighborhood Stabilization Collaborative this morning launched a new Web portal to provide homeowners with a single source for foreclosure prevention and assistance.
Two groups seeking signatures to put gambling proposals on November ballot
The Board of State Canvassers on Friday approved petition forms for two groups seeking casinos to move forward with drives to put the measures on Michigan's November ballot.
The Board of State Canvassers on Friday approved petition forms for two groups seeking casinos to move forward with drives to put the measures on Michigan's November ballot.
Terminated retiree benefits drives Visteon net income of $184 million
Visteon Corp. managed to post full-year net income for the first time in its history, boosted by a $195 million gain from terminated retiree benefits.
Visteon Corp. managed to post full-year net income for the first time in its history, boosted by a $195 million gain from terminated retiree benefits.
Rockefeller Foundation funds chief service officer for Detroit
The New York-based Rockefeller Foundation has awarded Detroit one of 10 Cities of Service Leadership grants of $200,000 to fund a chief service officer for the city for the next two years.
The New York-based Rockefeller Foundation has awarded Detroit one of 10 Cities of Service Leadership grants of $200,000 to fund a chief service officer for the city for the next two years.
Detroit’s union leaders return verbal jab at mayor
A day after Detroit Mayor Dave Bing slammed leaders of the city’s largest labor union, the American Federation of State, County and Municipal Employees and AFL-CIO fired back.
A day after Detroit Mayor Dave Bing slammed leaders of the city’s largest labor union, the American Federation of State, County and Municipal Employees and AFL-CIO fired back.
Woodward Avenue Action Association creates fund to help municipalities
The Woodward Avenue Action Association has created a fund to help its municipal members pay for public services amid declining municipal budgets and rising demand for services, particularly during large-scale, summer events.
The Woodward Avenue Action Association has created a fund to help its municipal members pay for public services amid declining municipal budgets and rising demand for services, particularly during large-scale, summer events.
United Way of Washtenaw County surpasses fundraising goal
United Way of Washtenaw County surpassed its 2009 fundraising goal, raising $5.18 million during its annual campaign.
United Way of Washtenaw County surpassed its 2009 fundraising goal, raising $5.18 million during its annual campaign.
Experts to meet in Detroit to discuss ways to cut poverty rate
National poverty experts will be in Detroit Tuesday, March 2, to discuss ways to cut the poverty rate by one percent in the country’s largest 51 metropolitan areas over the next two to four years.
National poverty experts will be in Detroit Tuesday, March 2, to discuss ways to cut the poverty rate by one percent in the country’s largest 51 metropolitan areas over the next two to four years.
European officials search Lear overseas office
A European office of Southfield-based Lear Corp. was searched by officials yesterday in connection with a widening international investigation into anticompetitive practices by automotive electronics suppliers.
A European office of Southfield-based Lear Corp. was searched by officials yesterday in connection with a widening international investigation into anticompetitive practices by automotive electronics suppliers.
Rockwell Medical reports good results from FDA study
Wixom-based Rockwell Medical Technologies Inc. (Nasdaq: RMTI) has reported promising results from a U.S.
Wixom-based Rockwell Medical Technologies Inc. (Nasdaq: RMTI) has reported promising results from a U.S.
Detroit Tigers increasing giveaways, special events, fireworks nights
Faced with a continued local recession and high unemployment rates, the Detroit Tigers said this week they’re expanding the number of promotional giveaways and special events for the upcoming season to lure fans to Comerica Park.
Faced with a continued local recession and high unemployment rates, the Detroit Tigers said this week they’re expanding the number of promotional giveaways and special events for the upcoming season to lure fans to Comerica Park.
Spirit to resume Detroit-Atlantic City flights
Miramar, Fla.-based Spirit Airlines has announced it will begin seasonal service between Detroit Metropolitan Airport and Atlantic City International Airport.
Miramar, Fla.-based Spirit Airlines has announced it will begin seasonal service between Detroit Metropolitan Airport and Atlantic City International Airport.
Universal Truckload Services reports 33% drop in 4Q net income
Warren-based Universal Truckload Services Inc. reported a 21 percent decrease in its operating revenue and 33.3 percent drop in net income in its fourth quarter that ended Dec. 31.
Warren-based Universal Truckload Services Inc. reported a 21 percent decrease in its operating revenue and 33.3 percent drop in net income in its fourth quarter that ended Dec. 31.
Youth Employment Summit planned for March 1
City Connect Detroit and the Detroit Youth Employment Consortium are co-sponsoring a Youth Employment Summit Monday, March 1, to encourage more local employers to provide jobs and other workforce development opportunities for area...
City Connect Detroit and the Detroit Youth Employment Consortium are co-sponsoring a Youth Employment Summit Monday, March 1, to encourage more local employers to provide jobs and other workforce development opportunities for area...
Agree Realty reports 4Q funds from operations of $6 million
Farmington Hills-based Agree Realty Corp. increased its funds from operations, revenue and net income in the fourth quarter, keeping occupancy at its retail centers at 98 percent.
Farmington Hills-based Agree Realty Corp. increased its funds from operations, revenue and net income in the fourth quarter, keeping occupancy at its retail centers at 98 percent.
AT&T Inc. adding 20 new cell sites, upgrading 110 others in state
AT&T Inc. plans this year to add 20 new cell sites in Michigan and upgrade nearly 110 others, the company announced.
AT&T Inc. plans this year to add 20 new cell sites in Michigan and upgrade nearly 110 others, the company announced.
Appeals court delays Kwame Kilpatrick probation hearing
The Michigan Court of Appeals on Thursday postponed Kwame Kilpatrick's arraignment for probation violation to allow a three-judge panel time to review transcripts from an earlier proceeding.
The Michigan Court of Appeals on Thursday postponed Kwame Kilpatrick's arraignment for probation violation to allow a three-judge panel time to review transcripts from an earlier proceeding.
BILL SHEA: Steve Wilson and WXYZ to part ways
Steve Wilson, the burly lead investigative reporter at Detroit's WXYZ-Ch. 7, announced tonight on DetroitYes.com that his contract wasn't renewed, a decision made by the affiliate and linked to its Cincinnati-based corporate parent, E.W. Scripps. Co.
Steve Wilson, the burly lead investigative reporter at Detroit's WXYZ-Ch. 7, announced tonight on DetroitYes.com that his contract wasn't renewed, a decision made by the affiliate and linked to its Cincinnati-based corporate parent, E.W. Scripps. Co.
U.S. gives UM's Institute for Social Research $14.8M
The federal government has given a $14.8 million stimulus grant to renovate and expand the Institute for Social Research at the University of Michigan.
The federal government has given a $14.8 million stimulus grant to renovate and expand the Institute for Social Research at the University of Michigan.
Neighborhood Senior Services now part of Catholic Social Services of Washtenaw County
Ypsilanti-based Neighborhood Senior Services is now part of Catholic Social Services of Washtenaw County.
Ypsilanti-based Neighborhood Senior Services is now part of Catholic Social Services of Washtenaw County.
Former Kmart CEO Charles Conaway ordered to pay millions
A judge on Thursday ordered a former Kmart CEO to pay more than $10 million for misleading investors before the retail chain filed for bankruptcy protection in 2002.
A judge on Thursday ordered a former Kmart CEO to pay more than $10 million for misleading investors before the retail chain filed for bankruptcy protection in 2002.
Lawmakers may target state worker pay raises
Michigan lawmakers might soon try to rescind a 3 percent pay raise scheduled to take effect Oct. 1 for roughly 35,000 union-represented state workers.
Michigan lawmakers might soon try to rescind a 3 percent pay raise scheduled to take effect Oct. 1 for roughly 35,000 union-represented state workers.
Bing: Lack of concessions from AFSCME costs Detroit $500,000 a month
Detroit Mayor Dave Bing said that the American Federation of State, County and Municipal Employees' refusal to accept concessions is costing the city $500,000 a month, and will lead to layoffs, according to a statement issued today.
Detroit Mayor Dave Bing said that the American Federation of State, County and Municipal Employees' refusal to accept concessions is costing the city $500,000 a month, and will lead to layoffs, according to a statement issued today.
Arrest warrant sought for ex-mayor Kilpatrick
Michigan corrections officials have asked a judge to issue an arrest warrant charging ex-Detroit Mayor Kwame Kilpatrick with violating his probation.
Michigan corrections officials have asked a judge to issue an arrest warrant charging ex-Detroit Mayor Kwame Kilpatrick with violating his probation.
TRW Automotive finishes 2009 with $146 million in net income
TRW Automotive Holdings Corp. posted net income for the second consecutive quarter and finished 2009 in the black, benefitting from cost-cutting and a 20 percent revenue gain in the fourth quarter.
TRW Automotive Holdings Corp. posted net income for the second consecutive quarter and finished 2009 in the black, benefitting from cost-cutting and a 20 percent revenue gain in the fourth quarter.
Ex-Garden City Mayor Jim Plakas appointed to Michigan Gaming Control Board
Former state representative and Garden City mayor Jim Plakas has been appointed to the Michigan Gaming Control Board by Gov. Jennifer Granholm.
Former state representative and Garden City mayor Jim Plakas has been appointed to the Michigan Gaming Control Board by Gov. Jennifer Granholm.
Gieleghem sees tighter budgets but room for growth in Macomb County
Macomb County Commission Chairman Paul Gieleghem talked tighter government budgets and structural change amid falling property values at his state of the county address Thursday — but left room for growth in its economic development...
Macomb County Commission Chairman Paul Gieleghem talked tighter government budgets and structural change amid falling property values at his state of the county address Thursday — but left room for growth in its economic development...
Macomb County approves $18.8M in spending cuts
The Macomb County Commission has approved $18.8 million in spending cuts for next year, including pay freezes, less overtime and consolidated services.
The Macomb County Commission has approved $18.8 million in spending cuts for next year, including pay freezes, less overtime and consolidated services.
Granholm wants Senate to extend jobless benefits
Thousands of Michigan residents will begin losing their unemployment benefits next month if the U.S. Senate doesn't extend them by Sunday, Gov. Jennifer Granholm said Thursday.
Thousands of Michigan residents will begin losing their unemployment benefits next month if the U.S. Senate doesn't extend them by Sunday, Gov. Jennifer Granholm said Thursday.
UM announces winners of student business plan competition
Ann Arbor-based-Ambiq Micro, a student-led company that has developed an energy efficient microcontroller for use in the semiconductor industry, was the big winner of the 2009-10 business plan competition at the Samuel Zell & Robert...
Ann Arbor-based-Ambiq Micro, a student-led company that has developed an energy efficient microcontroller for use in the semiconductor industry, was the big winner of the 2009-10 business plan competition at the Samuel Zell & Robert...
State should create center of excellence for renewable energy, panel says
A panel sponsored by the Engineering Society of Detroit and held at Lawrence Technical University Thursday recommended that a center of excellence for renewable energy be created in Michigan.
A panel sponsored by the Engineering Society of Detroit and held at Lawrence Technical University Thursday recommended that a center of excellence for renewable energy be created in Michigan.
State coalition urges Congress to extend federal jobless benefits
A Michigan business and labor coalition is urging Congress to extend federal unemployment benefits, as attention on the issue continues in Washington.
A Michigan business and labor coalition is urging Congress to extend federal unemployment benefits, as attention on the issue continues in Washington.
Appeals Court seeks documents in Kilpatrick case
Michigan's Court of Appeals has asked a judge for more information about the scheduled arraignment of ex-Detroit Mayor Kwame Kilpatrick.
Michigan's Court of Appeals has asked a judge for more information about the scheduled arraignment of ex-Detroit Mayor Kwame Kilpatrick.
CFO to leave Delphi Automotive for new job at pharmaceutical firm
Delphi Automotive L.L.P. CFO John Sheehan plans to leave the Troy-based supplier to be the CFO at a Pittsburgh-area pharmaceutical company.
Delphi Automotive L.L.P. CFO John Sheehan plans to leave the Troy-based supplier to be the CFO at a Pittsburgh-area pharmaceutical company.
Auto suppliers get more than $12 million in state tax credits
Three auto suppliers plan to invest more than $80 million in Southeast Michigan and create 619 jobs in return for more than $12 million in seven-year tax credits granted by the Michigan Economic Development Corp.
Three auto suppliers plan to invest more than $80 million in Southeast Michigan and create 619 jobs in return for more than $12 million in seven-year tax credits granted by the Michigan Economic Development Corp.
Former attorney for Detroit Public Schools stands by real estate decisions
Detroit Public Schools board member Anthony Adams stands by the decisions he made regarding real estate deals during his time as an attorney for the district.
Detroit Public Schools board member Anthony Adams stands by the decisions he made regarding real estate deals during his time as an attorney for the district.
Spring edition of Detroit Restaurant Week set for April 16-25
The spring edition of Detroit Restaurant Week will be held Friday, April 16 through Sunday, April 25.
The spring edition of Detroit Restaurant Week will be held Friday, April 16 through Sunday, April 25.
ITC Holdings Corp. reports 19.8 percent increase in 2009 net income
ITC Holdings Corp. posted a 19.8 percent increase in net income in 2009, with net income rising from $109.2 million or $2.18 a share in 2008, to $130.9 million or $2.58 a share for the just-ended year.
ITC Holdings Corp. posted a 19.8 percent increase in net income in 2009, with net income rising from $109.2 million or $2.18 a share in 2008, to $130.9 million or $2.58 a share for the just-ended year.
Ciber Inc. seeks state tax credits for $8 million center in Southfield
An information technology company planning to expand in Southfield and ultimately create up to 700 jobs is among those seeking state tax credits today from the Michigan Economic Growth Authority.
An information technology company planning to expand in Southfield and ultimately create up to 700 jobs is among those seeking state tax credits today from the Michigan Economic Growth Authority.
Board votes to explore turning state fairgrounds site into metropark
Members of the Huron-Clinton Metropolitan Authority board of commissioners voted today to gather information about the possible development of a metro park at the Michigan State Fairgrounds, said Denise Semion, director of...
Members of the Huron-Clinton Metropolitan Authority board of commissioners voted today to gather information about the possible development of a metro park at the Michigan State Fairgrounds, said Denise Semion, director of...
Sheriff Mark Hackel announces run for Macomb County executive
Macomb County Sheriff Mark Hackel, D-Macomb Township, today announced his candidacy to become the first Macomb County executive in November's election.
Macomb County Sheriff Mark Hackel, D-Macomb Township, today announced his candidacy to become the first Macomb County executive in November's election.
FBI agents search local headquarters of Japanese auto suppliers
The local headquarters of three Japan-based automotive suppliers were searched by FBI agents Tuesday in connection with an international anti-trust investigation.
The local headquarters of three Japan-based automotive suppliers were searched by FBI agents Tuesday in connection with an international anti-trust investigation.
Aastrom Biosciences ready for new trials with stem cell-based therapy
Ann Arbor-based Aastrom Biosciences Inc.
Ann Arbor-based Aastrom Biosciences Inc.
CEO John Cocciolone leaves Easter Seals of Michigan Inc.
John Cocciolone, longtime president and CEO of Easter Seals of Michigan Inc., has retired from the organization.
John Cocciolone, longtime president and CEO of Easter Seals of Michigan Inc., has retired from the organization.
Hummer sale collapses; GM will wind down the brand
General Motors Co. will wind down its Hummer brand after a proposed sale to China’s Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. fell through.
General Motors Co. will wind down its Hummer brand after a proposed sale to China’s Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. fell through.
Michigan’s Insurance Advocate Melvin “Butch” Hollowell and Michigan Workers’ Compensation Agency Director Jack Nolish will speak next week as part of the “Money Matters” speaker series at the Livonia...
Michigan’s Insurance Advocate Melvin “Butch” Hollowell and Michigan Workers’ Compensation Agency Director Jack Nolish will speak next week as part of the “Money Matters” speaker series at the Livonia...
DPS will continue real estate hearings Thursday
The Detroit Public Schools' series of public hearings into real estate transactions will continue Thursday after the district reached a settlement with board member Anthony Adams.
The Detroit Public Schools' series of public hearings into real estate transactions will continue Thursday after the district reached a settlement with board member Anthony Adams.
Wind group seeks to work with Michigan Manufacturers Association
The newly formed 40-member Midwest Integrated Suppliers for Wind Power is discussing working with the Michigan Manufacturing Association to bring a large wind turbine manufacturer to Michigan.
The newly formed 40-member Midwest Integrated Suppliers for Wind Power is discussing working with the Michigan Manufacturing Association to bring a large wind turbine manufacturer to Michigan.
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