http://www.crainsdetroit.com http://www.crainsdetroit.com en-us Thu, 9 Sep 2010 06:00:00 EST 10 144 16 http://www.crainsdetroit.com http://www.crainsdetroit.com/graphics/rss/cdb_logo_rss.gif Wed, 8 Sep 2010 20:08:00 EST The state Senate has passed a piece of state budget fix that takes some $208 million out of the state School Aid Fund and uses it for the state’s 28 community colleges. Wed, 8 Sep 2010 17:32:00 EST Students at the University of Michigan are scheduled to launch the university's first ever standalone spacecraft into orbit. Wed, 8 Sep 2010 17:25:00 EST Glenn Ahee, 48, a Washington Township chiropractor, pleaded guilty to failing to file a 2001 income tax return, said U.S. Attorney Barbara McQuade today. Wed, 8 Sep 2010 15:59:00 EST Comerica Bank’s Chief Economist, Dana Johnson, said in a report issued Wednesday afternoon that the Michigan housing sector is poised for recovery. Wed, 8 Sep 2010 15:53:00 EST The 2011 North American International Auto Show today announced the launch of its annual high school poster contest. Wed, 8 Sep 2010 15:48:00 EST Japanese automotive supplier Aisin Seiki Co. Ltd. today announced new officers to lead its Plymouth-based North American subsidiary Aisin World Corp. of America. Wed, 8 Sep 2010 14:44:00 EST The chairman of the state Senate Transportation Committee is circulating the draft of a revised bill that would narrow public-private partnership legislation to only the proposed new public Detroit River crossing. Wed, 8 Sep 2010 15:42:00 EST Farmington Hills-based Beringea LLC announced Wednesday that has made an investment - from the $185 million InvestMichigan! Growth Capital Fund it co-manages with Credit Suisse - in Mophie, a company founded in western... Wed, 8 Sep 2010 14:41:00 EST Pet Supplies Plus has increased the interest rate it will pay lenders for $120 million of loans it is seeking to back its acquisition by Irving Place Capital, according to a person familiar with the discussions Wed, 8 Sep 2010 14:53:00 EST Detroit contractor Bobby Ferguson, owner and president of Ferguson’s Enterprises Inc. Wed, 8 Sep 2010 13:49:00 EST The New Economy Initiative has contracted Issue Media Group to launch a new website to tell the stories of local entrepreneurs. Wed, 8 Sep 2010 13:11:00 EST General Electric Corp. will purchase a building in Van Buren Township as part of its expansion in metro Detroit. Wed, 8 Sep 2010 13:07:00 EST Ann Arbor Spark today announced the launch of a series that will focus on legal issues for entrepreneurs. Wed, 8 Sep 2010 12:20:00 EST The Southeast Michigan Purchasing Managers Index slipped from 56.7 to 54.2 in August, meaning that the metro Detroit economy is still growing but at a slower rate. Wed, 8 Sep 2010 12:15:00 EST Michigan lawmakers are getting details on proposals that would balance the state government budget without general tax increases. Tue, 7 Sep 2010 13:35:00 EST Several organizations focused on entrepreneurship will host a networking breakfast and panel discussion among Detroit business owners, according to a statement released today by the Detroit Economic Growth Corp. Tue, 7 Sep 2010 17:11:00 EST Detroit-based Walbridge Aldinger Co. has won a $14.2 million contract to repair and renovate the Maneuver Center of Excellence building in Fort Benning, Ga., by next fall. Tue, 7 Sep 2010 13:51:00 EST The number of homebuilding permits issued in July topped expectations and topped 2009 levels by more than 50 percent, according to an analysis issued today. Tue, 7 Sep 2010 14:26:00 EST Local employers surveyed as part of the Manpower Outlook Survey say they plan to hire at a steady pace for the fourth quarter of this year. Tue, 7 Sep 2010 13:55:00 EST Nine Michigan private sector employers will shed a combined 863 jobs in the coming weeks, including 420 jobs at five employers in Southeast Michigan, according to new data for plant closings and layoff notices from the state Department of Energy,... Tue, 7 Sep 2010 13:48:00 EST Democratic gubernatorial candidate Virg Bernero is asking his GOP rival to join him in urging Congress to back business tax breaks being proposed by President Barack Obama. Tue, 7 Sep 2010 13:45:00 EST Michigan lawmakers are returning to the Capitol with deadlines approaching to balance the state's budget. Tue, 7 Sep 2010 13:42:00 EST Chamber Music Society of Detroit president Lois Beznos plans to step down by the end of the year, after leading the organization as chair and/or board member for 22 years and president for the past 15 years. Tue, 7 Sep 2010 12:43:00 EST As the fall semester begins today, students at Wayne State University will have the opportunity to earn a new certificate in entrepreneurship. Mon, 6 Sep 2010 16:47:00 EST Gov. Jennifer Granholm says her five-mile Labor Day run across the Mackinac Bridge could be a metaphor for Michigan's past, present and future. Mon, 6 Sep 2010 08:25:00 EST The Renaissance Venture Capital Fund I LP is expected to announce this week that it has closed on its second and final round of funding. This closing, of nearly $10 million, puts the fund at almost $50 million. Mon, 6 Sep 2010 08:37:00 EST A smaller district will greet new and returning Detroit Public Schools students with the start of fall classes. Mon, 6 Sep 2010 08:34:00 EST Winning a tax break under Michigan's moviemaking promotion program is far from a sure thing for those seeking the state subsidy. Sun, 5 Sep 2010 20:00:00 EST After David Greene came up with an idea for his manufacturing company, he set up a 23,000-square-foot lease at a building on the brink of foreclosure. Sun, 5 Sep 2010 20:00:00 EST Michigan Opera Theatre, founded by David DiChiera 40 years ago this season, is holding its own — at least operationally — in spite of the economic hits Detroit has weathered. Sun, 5 Sep 2010 20:00:00 EST As Hurricane Earl took aim at the East Coast last week, locally based disaster recovery companies plotted their moves each time the storm shifted, much like a game of chess. Sun, 5 Sep 2010 20:00:00 EST The Detroit Lions have invested a collective $202 million in Matthew Stafford, Ndamukong Suh and Calvin Johnson over the long term, to revive the moribund franchise on the field, at the gate and in the ledger books. Sun, 5 Sep 2010 20:00:00 EST A small Detroit company will launch a product this week that it hopes will lead to $4 million in revenue in the next year and eventually change the way offices and electronic devices are powered. Sun, 5 Sep 2010 08:38:00 EST The Detroit Institute of Arts is taking its collection to the streets as part of a celebration of its 125th anniversary. Sun, 5 Sep 2010 20:00:00 EST As the dust nearly settles on a 15-month battle through U.S. Bankruptcy Court, Van Buren Township-based supplier Visteon Corp. Sun, 5 Sep 2010 08:34:00 EST The city of Hamtramck is suing Detroit for $4 million in tax revenue that it says the larger city owes it. Sun, 5 Sep 2010 20:00:00 EST Critical mass is building in the Saginaw-Midland-Bay City area around creating a new economic base focusing on solar and other forms of alternative energy. Sun, 5 Sep 2010 20:00:00 EST The index tracking innovation indicators in Michigan's economy gained in the first quarter as trademark applications made up for poor job creation figures. Sun, 5 Sep 2010 20:00:00 EST Detroit Public Schools is seeking proposals for a management consultant firm to begin developing a plan for the cash-strapped district to share services with other government entities in Southeast Michigan, primarily the city of Detroit. Sat, 4 Sep 2010 08:07:00 EST Closing arguments have ended in a yearlong civil lawsuit aimed at taking academic control away from Detroit Public Schools' emergency financial manager and restoring it to the elected Board of Education. Fri, 3 Sep 2010 13:13:00 EST As many as 75 businesses, including several from Michigan, could try to compete for a five-year contract worth up to $80 million for engineering support services to be awarded through Selfridge Air National Guard Base. Fri, 3 Sep 2010 14:34:00 EST Giuseppe Cracchiolo, 60, of Romeo, pleaded guilty Friday to one count of conspiracy to commit wire fraud before U.S. District Judge Paul Borman. Fri, 3 Sep 2010 15:05:00 EST The Troy law firm that reached a six-figure settlement with Blue Cross Blue Shield of Michigan over coverage for treatment of autistic children wants a federal judge to compel the U.S. Fri, 3 Sep 2010 13:06:00 EST A construction firm has purchased the mostly-unbuilt Macomb Town Center residential development in Macomb Township. Fri, 3 Sep 2010 12:57:00 EST TechTown’s next monthly First Friday gathering of entrepreneurs will offer advice on how to get federal grant funding for biotech start-ups. Fri, 3 Sep 2010 12:54:00 EST A former contractor for Detroit Public Schools has been released on bond in another case of alleged fraud in the district. Fri, 3 Sep 2010 09:35:00 EST Detroit-based United American Heathcare Corp. wants to expand its board of directors from seven seats to 10 at a meeting later this month where it faces a proxy solicitation battle with a dissident shareholder. Fri, 3 Sep 2010 15:08:00 EST A consortium led by the University of Michigan has received a $12.5 million grant from the U.S.-China Clean Energy Research Center, U.S. Secretary Steven Chu announced today. Fri, 3 Sep 2010 17:40:00 EST Republican gubernatorial candidate Rick Snyder has added an experienced campaigner for Democrats to his team. Thu, 2 Sep 2010 10:24:00 EST Three years after receiving certificate-of-need approval, Beaumont Hospital in Royal Oak has performed its first liver transplant. Thu, 2 Sep 2010 17:10:00 EST Campaign finance reports show Republican gubernatorial candidate Rick Snyder has given his campaign $6.1 million and raised $2 million from other donors. Thu, 2 Sep 2010 14:13:00 EST Nalco Co. has been awarded a contract for monitoring and maintenance of water cooling towers at Selfridge Air National Guard base, after one of the towers was found to be the source of a Legionnaires’ disease outbreak. Thu, 2 Sep 2010 13:11:00 EST Democratic gubernatorial candidate Virg Bernero says he'll stop the state from doing business with banks that won't lend in Michigan if he's elected. Thu, 2 Sep 2010 08:59:00 EST The Detroit Public Schools says the first construction project under a $500.5 million capital improvement program in the district is finished. Thu, 2 Sep 2010 17:21:00 EST Detroit's NextEnergy was the site Thursday morning of the unveiling of the first electric car battery recharging station in Michigan by California-based Coulomb Technologies, part of a rollout of 4,600 free charging stations it... Thu, 2 Sep 2010 12:55:00 EST A $16.2 million federal grant is expected to help six health care systems, physicians, clinics, health insurers and reference laboratories share electronic medical information on thousands of diabetic patients in Southeast Michigan. Thu, 2 Sep 2010 12:49:00 EST The Washtenaw County Board of Commissioners voted 7-1 Wednesday to reinstate a land bank authority to better manage the county's foreclosed homes. Wed, 1 Sep 2010 11:27:00 EST Businesses affected by harsh winter weather last year may apply to the U.S. Small Business Administration for federal economic injury disaster loans through Oct. 1. Wed, 1 Sep 2010 14:45:00 EST The U.S. Department of Commerce officially joined the Statewide Entrepreneurship Support System and portals, a Michigan system funded by the New Economy Initiative to help entrepreneurs link up with the assistance they need. Wed, 1 Sep 2010 17:10:00 EST The Associated Builders and Contractors of Michigan has endorsed Republican Ann Arbor businessman Rick Snyder in the race for governor. Wed, 1 Sep 2010 17:05:00 EST Southfield Community Foundation executive director Warren Goodell has left the foundation to pursue other opportunities, the organization said. Wed, 1 Sep 2010 16:34:00 EST The two-year agreement reached Tuesday by Eastern Michigan University and its faculty union, the EMU Chapter of the American Association of University Professors, involved substantial compromises by both parties. Wed, 1 Sep 2010 15:00:00 EST Auburn Hills-based electric powertrain manufacturer Alte LLC is speeding up its hiring schedule, with plans to create more than 300 jobs by the end of 2011, as it sets its sites on retrofitting fleet vehicles. Wed, 1 Sep 2010 13:18:00 EST Clare Pfeiffer Ramsey, managing editor of Detroit-based online magazine Model D, has left the digital publication to help launch the local startup of AOL Inc.'s Patch.com hyperlocal news sites. Wed, 1 Sep 2010 12:46:00 EST A new member has been appointed to the Michigan Gaming Control Board, with the board having a full five members for the first time in a year. Wed, 1 Sep 2010 12:43:00 EST Seven Detroiters have applied to fill departing member Freman Hendrix's spot on the city's Charter Revision Commission. Wed, 1 Sep 2010 12:41:00 EST The Michigan Economic Activity Index climbed three points in July to 87, up 16 points from a year ago and the largest year-on-year increase in the index in nearly six years. Wed, 1 Sep 2010 11:38:00 EST Sales for Ann Arbor-based bookseller Borders Group Inc. dropped 11.5 percent in the second quarter and the company's net loss deepened compared with a year ago. Wed, 1 Sep 2010 11:30:00 EST The Troy-based Michigan Association of Certified Public Accountants has named Gregory Nowak of Miller Canfield Paddock and Stone PLC as its new chairman. Wed, 1 Sep 2010 11:32:00 EST Apple Inc. co-founder Steve Wozniak will be a featured speaker in a program series in November at the Macomb Community College Lorezno Cultural Center in Clinton Township. Wed, 1 Sep 2010 11:36:00 EST The Ross School of Business at the University of Michigan announced Wednesday that its Frankel Commercialization Fund, the first student-led pre-seed investment fund in the country, has invested in Ann Arbor-based... Wed, 1 Sep 2010 11:34:00 EST Ann Arbor-based Thomson Reuters, a business information and consulting firm, has acquired Healthcare Data Management Inc. for an unspecified amount. Tue, 31 Aug 2010 16:59:00 EST Ann Arbor-based Compendia Bioscience Inc. announced Tuesday it has received a National Institutes of Health Small Business Innovative Research grant of $1.3 million to incorporate data and analyses of micro-RNA into its data base. Tue, 31 Aug 2010 16:22:00 EST Steve Kosbau has been named market manager for Boston-based Greater Media Inc.'s three Detroit radio stations. Tue, 31 Aug 2010 12:14:00 EST Ann Arbor-based HistoSonics Inc.announced Tuesday that it has added Dr. Andrew von Eschenbacha former commissioner of the U.S. Food and Drug Administration and an expert on urology and cancer treatment, to its board of directors. Tue, 31 Aug 2010 11:16:00 EST Melanie Davis, most recently the president of the Macomb County Chamber of Commerce, takes over Wednesday as executive director of the Adcraft Club of Detroit. Tue, 31 Aug 2010 15:32:00 EST Troy-based Automation Alley, an association of tech companies in Southeast Michigan, announced the finalists Tuesday for its 10th annual awards gala to be held Oct. 1 at the Royal Park Hotel in downtown Rochester. Tue, 31 Aug 2010 15:29:00 EST More than 97 Michigan employers and unions have signed up for a new $5 billion federal program that offers financial assistance to help pay for catastrophic health coverage for an estimated 190,000 early retirees — those people who are 55 and... Tue, 31 Aug 2010 12:17:00 EST Three metro Detroit businesses are on the latest annual Fortune magazine rankings for the top 100 fastest-growing companies in the nation. Tue, 31 Aug 2010 14:25:00 EST The reorganization plan for Van Buren Township-based Visteon Corp. was approved today in U.S. Bankruptcy Court in Wilmington, Del. Tue, 31 Aug 2010 14:01:00 EST Retired Defenseman Chris Chelios, who spent 10 of his 26 seasons in the National Hockey League with the Detroit Red Wings, retired today and joined the Red Wings front office. Tue, 31 Aug 2010 12:43:00 EST Wayne County Prosecutor Kym Worthy said today that embezzlement charges will be filed against a former Detroit Public Schools principal, accountant, and two other individuals. Tue, 31 Aug 2010 11:04:00 EST Eastern Michigan University and its professors reached a tentative contract agreement this morning. Tue, 31 Aug 2010 11:00:00 EST The Michigan Retailers Association is backing Republican Ann Arbor businessman Rick Snyder in the race for governor. Tue, 31 Aug 2010 11:20:00 EST Rochester Hills-based Energy Conversion Devices Inc. (Nasdaq: ENER) announced Tuesday that it had an increase in its net losses despite an increase in revenue for the fourth quarter of its fiscal year, which ended June 30. Tue, 31 Aug 2010 10:52:00 EST Southfield-based TechTeam Global Inc. is asking its stockholders to adjourn for one month a meeting scheduled for today in Boston to vote on the proposed sale of TechTeam Government Solutions Inc. Mon, 30 Aug 2010 19:39:00 EST The Detroit Public Schools do not have to rehire more than 200 unionized security employees or suspend a new $6.5 million contract with Chicago-based Securitas Security Services USA Inc. Mon, 30 Aug 2010 17:26:00 EST Metal stamping supplier PTM Corp. has acquired Fraser-based Prototype Tooling and Manufacturing Inc., in a move to add a large press operation and non-automotive customers, PTM Corp. confirmed this week. Mon, 30 Aug 2010 08:31:00 EST The University of Michigan is undertaking a five-year, $7.5 million federal study of bacteria that cause an increasing number of serious infections in hospitals and nursing homes. Mon, 30 Aug 2010 12:12:00 EST Borders Group Inc., the second- largest U.S. bookstore chain based in Ann Arbor, will start selling items from Build-A-Bear Workshop Inc., relying less on books for sales as more people use electronic reading devices. Mon, 30 Aug 2010 11:15:00 EST A Rochester Hills industrial building, vacant for seven years, will be leased as part of a German-based auto suppliers’ expansion. Mon, 30 Aug 2010 10:41:00 EST The index tracking innovation indicators in Michigan’s economy gained in the first quarter as trademark applications made up for poor job creation figures. Mon, 30 Aug 2010 14:39:00 EST The city of Southfield has appointed Terry Croad, vice president of Northville-based community development advisory firm McKenna Associates Inc., as its new planning director. Mon, 30 Aug 2010 12:23:00 EST Small businesses who are Consumers Energy Co. customers will soon be seeing revamped monthly bills designed to inform them about their energy use. Sun, 29 Aug 2010 20:00:00 EST Michael Godwin and Jason Townsend didn't follow traditional paths toward their MBAs from the University of Michigan. Sun, 29 Aug 2010 13:29:00 EST Two new research vessels being built for the U.S. Geological Survey's Great Lakes Science Center are expected to help strengthen the agency's research on Lake Erie and Lake Ontario. Sun, 29 Aug 2010 20:00:00 EST When the Ritz-Carlton Dearborn opened in 1989, it defied conventional wisdom on two fronts: First was the hotel's striking, dusty pink color that many thought more appropriate to the American Southwest. Sun, 29 Aug 2010 20:00:00 EST The Detroit Strategic Framework is a long-term plan designed to chart a new course for a city decimated by population loss, deteriorating income base and crumbling housing stock. Sun, 29 Aug 2010 20:00:00 EST Lorenzo Creighton knows enough to leave the casino when he's up. Sun, 29 Aug 2010 19:35:00 EST Detroit has long been underrated as a center for design. But some design professionals and educators are seeking to change that. Sun, 29 Aug 2010 20:00:00 EST Alex Stchekine likes to make clean, modern designs that at the same time remind the viewer of a past era — a contradiction he seems to enjoy. Sun, 29 Aug 2010 20:00:00 EST The design is what matters. Sun, 29 Aug 2010 20:00:00 EST Jesse Stefani, a metalsmith by training, grew up in a family of jewelers. Sun, 29 Aug 2010 20:00:00 EST Bryce Moore started designing furniture because he couldn't find pieces he liked. Sun, 29 Aug 2010 20:00:00 EST Steel, says designer Taru Lahti, is immediate gratification. Sun, 29 Aug 2010 20:00:00 EST LANSING — Michigan community colleges have gotten caught up in a $208 million tug-of-war between the Granholm administration and supporting lawmakers, and the members of the K-12 community. Sun, 29 Aug 2010 20:00:00 EST While Brian Balasia was launching Digerati Inc. 10 years ago with fellow University of Michigan sophomore Joe Klecha, the two spent lots of time searching for resources, from access to seed money to help in negotiating a business lease. Sun, 29 Aug 2010 20:00:00 EST Most automotive parts suppliers have rewritten contracts to protect themselves against steep jumps in steel prices, but some remain exposed to price swings, according to a survey by consultants IRN Inc. Sun, 29 Aug 2010 20:00:00 EST A critical piece of financing was approved for a mixed-use development in Detroit's Midtown neighborhood last week. Sun, 29 Aug 2010 13:32:00 EST Michigan Democrats have nominated recently appointed Supreme Court Justice Alton Thomas Davis and Oakland County Circuit Judge Denise Langford Morris to run for the state's high court in November. Sun, 29 Aug 2010 13:26:00 EST Oakland County Clerk Ruth Johnson has won a runoff election for secretary of state at the Republican state convention. Sun, 29 Aug 2010 13:23:00 EST Michigan Democrats have nominated eight people for the fall election for the state school board and the boards that oversee three universities. Sat, 28 Aug 2010 16:25:00 EST The Michigan Republican convention erupted into anger Saturday as tea party activists fought with party regulars over candidates and convention rules. Sat, 28 Aug 2010 10:22:00 EST Michigan Democratic gubernatorial candidate Virg Bernero has publicly introduced his running mate, Southfield Mayor Brenda Lawrence. Fri, 27 Aug 2010 17:50:00 EST Detroit/Wayne County Port Authority Executive Director Curtis Hertel Sr. is joining the Granholm administration. Fri, 27 Aug 2010 17:21:00 EST A new poll says more voters oppose than support holding a convention to rewrite the Michigan constitution. Fri, 27 Aug 2010 17:07:00 EST Orion Township-based Advanced Defense Vehicle Systems Corp. Fri, 27 Aug 2010 12:10:00 EST A critical piece of financing has been approved for a mixed-use development in Detroit's Midtown neighborhood. Fri, 27 Aug 2010 12:07:00 EST A full fiscal-year loss of nearly $50 million won't affect Nashville-based Vanguard Health Systems's plan to acquire Detroit Medical Center. Fri, 27 Aug 2010 10:51:00 EST The Thomson Reuters/University of Michigan final index of U.S. consumer sentiment for August rose to 68.9, lower than forecast, from an eight-month low of 67.8 in July. Fri, 27 Aug 2010 12:32:00 EST The Spartan faithful can show their Michigan State University football love at Comerica Park on Sept. 10 when the Detroit Tigers offer a “Spartans in the D” ticket offer. Fri, 27 Aug 2010 14:39:00 EST The number of merger and acquisition deals in the global automotive supplier sector rose to above pre-recession levels during the first half of 2010, but the disclosed value of the deals plummeted to its lowest mark in years, according to according... Fri, 27 Aug 2010 11:02:00 EST The Detroit Regional Chamber is continuing to back Republican gubernatorial contender Rick Snyder, going into the Nov. 2 general election. Fri, 27 Aug 2010 09:39:00 EST Detroit Mayor Dave Bing and his wife, Yvette, are moving into the Manoogian Mansion after all. Fri, 27 Aug 2010 13:15:00 EST Troy-based NextWave Inc., a new for-profit business incubator, has announced the five winners of a pitch contest it held for prospective new tenants. Thu, 26 Aug 2010 17:26:00 EST The Sept. 8 start of Eastern Michigan University's fall semester is potentially threatened because the school's administration and its professors remain deadlocked in contract talks over salary and health-care cost issues. Thu, 26 Aug 2010 15:33:00 EST The U.S. Army announced Wednesday it will delay its Ground Combat Vehicle program, putting contracts to two local defense contractors at risk. Thu, 26 Aug 2010 15:21:00 EST Van Buren Township-based Visteon Corp. on Wednesday asked a federal bankruptcy court for approval of a $700 million bankruptcy exit financing plan. Thu, 26 Aug 2010 15:20:00 EST The Detroit Regional Convention Facility Authority today picked Detroit-based Albert Kahn Associates as the architect for renovations to Cobo Center. Thu, 26 Aug 2010 15:06:00 EST Chairman of the Joint Chiefs of Staff Adm. Thu, 26 Aug 2010 14:53:00 EST Blue Cross Blue Shield of Michigan, Blue Care Network, the University of Michigan Medical Center and 16 other hospitals will begin a quality improvement study in October to reduce risk of blood clots in hospitalized patients. Thu, 26 Aug 2010 13:58:00 EST Southfield-based Specs Howard School of Media Arts is seeking nominations for its alumni hall of fame via online submissions and voting. Thu, 26 Aug 2010 12:53:00 EST Gov. Jennifer Granholm has named Appeals Court Judge Alton Thomas Davis to the Michigan Supreme Court. Thu, 26 Aug 2010 03:01:00 EST A new report released today indicates plans by Detroit hospital systems to spend more than $1. Thu, 26 Aug 2010 17:24:00 EST Jobless rates in Southeast Michigan increased in July, as did unemployment rates in all of Michigan's major labor markets, according to data released Thursday by the Michigan Department of Energy, Labor & Economic Growth. Thu, 26 Aug 2010 17:20:00 EST Syed Haque, former owner and general manager of Dearborn-based Metro Medical Equipment and Supply, has been sentenced by a judge in federal court in Detroit to 27 months in prison in connection with a mail fraud conviction. Wed, 25 Aug 2010 08:00:00 EST A $3 million gift from former Arbor Drugs executive Max Ernst, his wife, Debra, and their family will fund establishment of a cardiac center at William Beaumont Hospitals' Royal Oak hospital. Wed, 25 Aug 2010 17:56:00 EST A proposal to use $208 million from Michigan's school aid fund to help pay for other programs is advancing in the state Legislature. Wed, 25 Aug 2010 17:22:00 EST Republican gubernatorial candidate Rick Snyder has named 33-year-old conservative state Rep. Brian Calley as his running mate. Wed, 25 Aug 2010 15:55:00 EST Royal Oak attorney and chamber of commerce President Andrey Tomkiw will need a new name for law boutique Tomkiw Dalton PLC, after three of its four attorneys left this week to become founding partners of Dalton Tomich & Pensler PLC, a... Wed, 25 Aug 2010 14:28:00 EST The chairman of the Wayne County Board of Commissioners will hold a special meeting next week to discuss the legality of the county's 2008 transfer of land to the owners of Pinnacle Race Course in Huron Township, a source familiar with the... Wed, 25 Aug 2010 08:43:00 EST Republican gubernatorial candidate Rick Snyder is expected to name 33-year-old conservative state Rep. Brian Calley as his running mate Wednesday, a person close to the Snyder campaign told The Associated Press. Wed, 25 Aug 2010 14:46:00 EST State Sen. Tom George, R-Kalamazoo, and others have launched a group to head off expected opposition this weekend to Proposal 1, the ballot measure for a state constitutional convention. Wed, 25 Aug 2010 12:18:00 EST A Columbus-based hotel investment company has purchased the 197-room Four Points by Sheraton hotel in Ann Arbor for $12 million. Wed, 25 Aug 2010 13:13:00 EST Defense contractor BAE Systems Inc. has moved into one building and begun construction on a second in the $58.4 million Sterling Heights campus it expects to complete late next year. Wed, 25 Aug 2010 14:58:00 EST More Republicans are asking for investigations into how potential candidates were selected for a group that calls itself "The Tea Party" and wants to get on the November ballot. Wed, 25 Aug 2010 11:05:00 EST Lorenzo Creighton, president and COO of MGM Grand Detroit, is resigning to become CEO of a Vancouver-based casino management company. Wed, 25 Aug 2010 13:09:00 EST Excellent Schools Detroit today released its first-ever report card, rating the city's schools in their ability to help children succeed. Wed, 25 Aug 2010 08:49:00 EST The Michigan Chamber of Commerce is putting its support behind Republican gubernatorial candidate Rick Snyder. Wed, 25 Aug 2010 13:02:00 EST The Troy-based Kresge Foundation has made a $1.25 million grant to help Neighborhood Services Organization convert the former Michigan Bell Telephone Co. building in Detroit to housing for the city's homeless. Wed, 25 Aug 2010 15:59:00 EST Virg Bernero has received the backing of fellow Democrat and Detroit Mayor Dave Bing in the race for Michigan governor. Wed, 25 Aug 2010 11:18:00 EST A new Ann Arbor venture capital firm, Resonant Venture Partners LLC, announced today that it has closed on its first investment, participating in a $1 million round of seed capital for Ann Arbor-based Scio Security Corp. Wed, 25 Aug 2010 12:12:00 EST Did you hear the one about the three guys who tossed a party and 3,500 people showed up? It's true. Call it the magic of a creative factory and the lure of free admission. Wed, 25 Aug 2010 14:56:00 EST The Detroit People Mover will close for one day of maintenance on Aug. 29. Tue, 24 Aug 2010 15:53:00 EST Single-game tickets for the 2010 Detroit Lions' eight games at Ford Field go on sale at 10 a.m. Wednesday. Tue, 24 Aug 2010 14:55:00 EST Chairman of the Joint Chiefs of Staff Adm. Mike Mullen will discuss ways that businesses can engage veterans and re-integrate servicemen returning home from areas of combat, in an address to the Detroit Economic Club on Thursday. Tue, 24 Aug 2010 15:04:00 EST A newly formed coalition of businesses and alternate electricity suppliers is making a push to allow more electricity customers to choose suppliers other than Michigan's two largest utilities. Tue, 24 Aug 2010 14:43:00 EST The Hyatt Regency Dearborn is under contract to be sold in a $12.5 million deal. Tue, 24 Aug 2010 14:23:00 EST Physicians Health Plan of Mid-Michigan has contracted with the federal government to manage the state’s high-risk pool for the next 3 ½ years, said the Michigan Office of Financial and Insurance Regulation. Tue, 24 Aug 2010 12:21:00 EST Single-game tickets for the 2010-2011 Detroit Red Wings season at Joe Louis Arena go on sale at 10 a.m. Friday. Tue, 24 Aug 2010 11:56:00 EST A leading pest control company has released a list of the 15 most bedbug-infested cities, and New York, Philadelphia and Detroit have scratched their way to the top. Tue, 24 Aug 2010 11:51:00 EST William Watch has been named chairman of the Detroit District Council of the Urban Land Institute. Tue, 24 Aug 2010 15:00:00 EST Ann Arbor-based Merit Network Inc. announced Tuesday that it has been awarded $69. Tue, 24 Aug 2010 10:39:00 EST Donald Winter, former U.S. Secretary of the Navy, who recently was chosen to chair a Gulf oil spill investigation committee, will be teaching at the University of Michigan's College of Engineering this fall. Tue, 24 Aug 2010 08:39:00 EST In yet another management change at Ann Arbor-based Borders Group Inc., the company’s CFO has resigned. Tue, 24 Aug 2010 06:00:00 EST A business plan competition with $1 million-plus in prize money kicks off today and is aimed at growing Michigan business and putting the state, especially Southeast Michigan, on the map for venture capitalists and other investors. Tue, 24 Aug 2010 15:29:00 EST Despite rainy weather on Saturday affecting attendance, Woodward Dream Cruise Inc. plans to cut checks to the cities along Woodward, from Ferndale to Pontiac, to help cover cruise-related costs. Mon, 23 Aug 2010 11:35:00 EST A member of the original team that started the MotorCity Casino-Hotel has retired. Mon, 23 Aug 2010 13:46:00 EST Detroit-based Dickinson Wright PLLC added its 10th office and fifth outside Michigan last week by acquiring Las Vegas-based Gibson Lowry Burris LLP and adding three shareholder members. Mon, 23 Aug 2010 12:24:00 EST A new report says the graduation gap between white and black students at Wayne State University is the worst in the nation among public universities. Mon, 23 Aug 2010 12:11:00 EST State regulators have scheduled public meetings in the Detroit area and elsewhere in Michigan to discuss the latest outlook on electric and natural gas rates for the winter and other utility issues. Mon, 23 Aug 2010 11:54:00 EST LANSING — Outgoing Secretary of State Terri Lynn Land is throwing her support for a successor behind state Sen. Cameron Brown. Mon, 23 Aug 2010 14:14:00 EST Southfield-based Lawrence Technological University is extending its 50-percent tuition discount to up to 200 additional students for the fall semester. Mon, 23 Aug 2010 10:49:00 EST Its namesake company in Chicago was shut down Friday by state and federal regulators, but ShoreBank Enterprise Detroit is healthy and will continue to operate as a separate entity, according to its president, Ray Waters. Sun, 22 Aug 2010 20:00:00 EST Dan Frost's business represents, in many ways, the ups and downs of the local car dealership community. Sun, 22 Aug 2010 20:00:00 EST Pinnacle Race Course in Wayne County's Huron Township hasn't paid a combined $1.46 million in property taxes for 2009 and 2010 because it didn't receive its tax bills — a bureaucratic snafu, the county and township said. Sun, 22 Aug 2010 20:00:00 EST Investment always comes with risk — and local universities have begun to warn the swelling ranks of prospective law school students that investing in a future legal career is getting riskier. Sun, 22 Aug 2010 20:00:00 EST In April 2009, Gail von Staden was laid off from the Detroit office of a national architecture firm, unsure of her next move. Sun, 22 Aug 2010 20:00:00 EST A senior community in the works near Detroit's east riverfront will not only keep the residents living in their home neighborhoods but will also bring new construction and health care jobs to the city. Sun, 22 Aug 2010 20:00:00 EST The days of Detroit Tigers player payrolls north of $100 million or $120 million may be over. Sun, 22 Aug 2010 20:00:00 EST The crystal ball is clouding in a swirl of program delays and projected cuts as local companies try to foresee a future in the defense industry. Sun, 22 Aug 2010 20:00:00 EST As Wayne County continues to grapple with a multimillion dollar accumulated budget deficit, a court battle over cuts is ongoing — and the county's auditor general is warning of trouble ahead. Sat, 21 Aug 2010 08:43:00 EST Published reports say Kenyatta told Council President Charles Pugh in a letter this week that he would not return when the board's recess ends Sept. 7 due to undisclosed health concerns. Fri, 20 Aug 2010 16:28:00 EST TriMas Corp. Executive Chairman Sam Valenti III could sell up to 60,000 of his shares in the company with an aggregate market value of $828,000, after the company stock had been on a long climb since last November. Fri, 20 Aug 2010 17:14:00 EST Livonia Chrysler Jeep Inc. Fri, 20 Aug 2010 13:32:00 EST BorgWarner Inc., the maker of automatic-transmission parts, would consider acquisitions in Asia and may resume dividend payments in November. Fri, 20 Aug 2010 13:24:00 EST Payrolls increased in 37 U.S. states in July, led by a jump in Michigan that may reflect a gain in auto making. Employers in Michigan added 27,800 jobs last month, the most since October, figures from the Labor Department showed today in Washington. Fri, 20 Aug 2010 10:03:00 EST The Woodward Dream Cruise celebrates what's in the automotive industry's rearview mirror, but the improving view out the windshield is helping boost spirits among enthusiasts Fri, 20 Aug 2010 09:06:00 EST The former top aide to ex-Detroit Mayor Kwame Kilpatrick is expected to resume her deposition in a civil suit by the family of Tamara Greene. Fri, 20 Aug 2010 12:14:00 EST After first pitching the idea of a Royal Oak movie theater and boutique bowling alley in January 2009, Paul Glantz will finally start construction on the $19 million project. Fri, 20 Aug 2010 13:40:00 EST Ann Arbor-based Domino's Pizza Inc has named Michael Lawton as its executive vice president and CFO. Thu, 19 Aug 2010 13:37:00 EST A long-planned Detroit retail development will be a big step closer to reality if a loan requested from Detroit's Police and Fire Retirement System is OK'd. Thu, 19 Aug 2010 14:04:00 EST A group of Indian physicians and other health professionals are raising funds in a special concert Sept. 12 at Orchestra Hall in Detroit to help support two free health clinics for adults in Southfield and Taylor. Thu, 19 Aug 2010 14:44:00 EST A new judge will preside in an old legal squabble with Farmington Hills-based Grand/Sakwa Properties Inc. Thu, 19 Aug 2010 14:48:00 EST Michigan Attorney General Mike Cox’s office said today it does not have a timetable when it expects to conclude its review of the proposed sale of Detroit Medical Center to Vanguard Health Systems, a Nashville-based... Thu, 19 Aug 2010 14:08:00 EST July sales numbers in Ann Arbor were lower than 2009, but data released shows that sales in the first seven months of the year topped 2009 by 19 percent. Wed, 18 Aug 2010 16:51:00 EST Gov. Jennifer Granholm proposes a tax amnesty and a 3 percent spending cut for state agencies to help erase deficits topping $780 million in Michigan's state budgets. Wed, 18 Aug 2010 14:37:00 EST Michigan's unemployment rate has continued to drop slightly as manufacturing has stabilized. Wed, 18 Aug 2010 13:01:00 EST Wayne-based EQ – The Environmental Quality Company has acquired a hazardous-waste facility from A Clean Environment in Tulsa, Okla., for an undisclosed price, company officials said today. Wed, 18 Aug 2010 14:17:00 EST Dave Rexroth has been promoted to replace Jerry Hodak next month as WXYZ-TV Channel 7’s chief meteorologist. Wed, 18 Aug 2010 14:13:00 EST Rock Holdings Inc., the parent company of Dan Gilbert’s Quicken Loans Inc., reportedly pulled out of a $300 million bond offering this week, according to online reports. Wed, 18 Aug 2010 12:02:00 EST Birmingham Bloomfield Bancshares Inc., the bank holding company for the Bank of Birmingham, has reported a profit for the second quarter that ended June 30. Wed, 18 Aug 2010 12:00:00 EST U.S. District Judge Patrick Duggan on Tuesday granted the Michigan Department of Transportation's motion to remand litigation with the Detroit International Bridge Co. back to Wayne County Circuit Court. Wed, 18 Aug 2010 14:39:00 EST Indianapolis-based mall company Simon Property Group (NYSE: SPG) is rolling out a smart-phone application at its shopping malls, with Briarwood Mall in Ann Arbor expected to get the application — though not in the first phase of... Wed, 18 Aug 2010 15:24:00 EST Michigan State University has been awarded a $6 million federal grant to place computers in libraries, public housing centers, community centers and community colleges. Wed, 18 Aug 2010 16:45:00 EST Atlanta-based Delta Air Lines Inc. is adding three non-stop weekly flights from Detroit Metropolitan Airport to London's Heathrow Airport starting Oct. 31. Wed, 18 Aug 2010 15:17:00 EST Freman Hendrix is leaving Detroit’s Charter Revision Commission, according to a letter sent today by Gregory Hicks, the commission’s executive director. Wed, 18 Aug 2010 13:16:00 EST Rick Snyder has won the endorsement of the Small Business Association of Michigan in the 2010 gubernatorial general election, the Lansing-based organization said today. Tue, 17 Aug 2010 12:56:00 EST Warren-based Art Van Furniture Inc. has acquired Maddalena Design in Birmingham as part of an effort to revive Art Van’s high-end Scott Shuptrine name. Tue, 17 Aug 2010 14:22:00 EST Republicans who control the Michigan Senate again have rejected several appointments from Democratic Gov. Jennifer Granholm. Tue, 17 Aug 2010 11:36:00 EST A Delaware bankruptcy judge told auto parts supplier Visteon Corp. on Tuesday that it must restore health and life insurance benefits for more than 6,500 retirees. Tue, 17 Aug 2010 09:06:00 EST The U.S. Department of Education says it's giving $16.8 million to Michigan to increase charter school options in then state. Tue, 17 Aug 2010 14:32:00 EST Thermal Ventures II LP is considering the purchase of the Greater Detroit Resource Recovery Authority facility, company representatives confirmed to Crain’s today. Tue, 17 Aug 2010 11:56:00 EST General Electric Co. is adding to its facility in Van Buren Township to create processes for manufacturing jet engine components, and adding more jobs. Tue, 17 Aug 2010 12:05:00 EST The Michigan Office of Financial and Insurance Regulation has received a $1 million grant to improve oversight of proposed health insurance premium increases and to stop insurers from seeking unreasonable rate hikes, said Insurance... Tue, 17 Aug 2010 11:39:00 EST Royal Oak officials have voted to allow licensed handgun owners to openly carry their weapons at a popular Detroit-area summer arts festival. Tue, 17 Aug 2010 10:36:00 EST Cooper-Standard Holdings Inc., the parent company of Novi-based Cooper-Standard Automotive Inc., posted net income of $637.8 million today in its second quarter and its first since emerging from bankruptcy in May. Tue, 17 Aug 2010 14:28:00 EST Tahirih Ziegler has been named the new executive director of the Detroit Local Initiatives Support Corp. Tue, 17 Aug 2010 17:40:00 EST Ann Arbor-based Adeona Pharmaceuticals Inc. Tue, 17 Aug 2010 16:35:00 EST Ann Arbor-based Aastrom Biosciences Inc. (Nasdaq: ASTM) reported increased net losses for both the fourth quarter that ended June 30 and for its fiscal year, as it moves closer to bringing its first stem cell-based product to market. Mon, 16 Aug 2010 14:29:00 EST Sterling Heights-based General Dynamics Land Systems and a joint-venture company it co-owns with AM General LLC was awarded contracts worth a combined $18. Mon, 16 Aug 2010 12:38:00 EST A study of the taxable value of real estate shows that Southeast Michigan lost $16 billion in value between 2009 and 2010 — with nearly half that loss from Oakland County property. Mon, 16 Aug 2010 16:13:00 EST Former Detroit Deputy Mayor Kandia Milton will serve 14 months in federal prison for his role in a bribery scheme tied to the sale of Camp Brighton — a reduction from sentencing guidelines for his assistance investigating other suspected... Mon, 16 Aug 2010 15:35:00 EST Michigan education officials have identified 92 persistently low-achieving schools, a large share of them in Detroit. Mon, 16 Aug 2010 13:01:00 EST Free or low cost health screenings will be offered from Sept. 14 to Oct. 16 in several cities in Southeast Michigan as part of the 42nd Project Health Living. Mon, 16 Aug 2010 14:09:00 EST A U.S. Navy Blue Angel F/A-18 Hornet jet will be on display in the Detroit Science Center this October…if the museum can come up with the money. Mon, 16 Aug 2010 13:42:00 EST Charles Kelly, D.O., has been named senior vice president and chief medical officer of the new Henry Ford Physician Network. Mon, 16 Aug 2010 11:13:00 EST The first 700 Quicken Loans Inc. employees moved to their new offices this morning, greeted by Mayor Dave Bing and other local officials. Mon, 16 Aug 2010 08:53:00 EST Four years ago this month, French interiors supplier Faurecia was embroiled in a European kickback scandal that resulted in the resignation of CEO Pierre Levi. Mon, 16 Aug 2010 16:57:00 EST Ann Arbor-based Advanced Photonix Inc. (NYSE Amex: API) posted a net loss Monday despite increasing revenue for the first quarter of its fiscal year. Mon, 16 Aug 2010 11:33:00 EST A Troy-based consulting firm has expanded into Ann Arbor with the opening of a second office. Sun, 15 Aug 2010 20:00:00 EST The bank hired to broker a sale of the Detroit Pistons and Palace Sports & Entertainment Inc. Sun, 15 Aug 2010 20:00:00 EST Southfield-based Lear Corp., Battle Creek-based Kellogg Co. and Midland-based Dow Chemical Co. — and even a company from suburban Columbus, Ohio — are among the 25 corporate lessees of luxury suites in the Big House. Sun, 15 Aug 2010 20:00:00 EST LANSING — Michigan faces an estimated $140 million interest bill next year stemming from its federal unemployment borrowing, and that could mean additional taxes starting in January for thousands of employers. Sun, 15 Aug 2010 20:00:00 EST While the new downtown Detroit headquarters space for Quicken Loans Inc. is filled with graffiti art, neon chairs and rooms with popcorn poppers, there is a serious business strategy behind its design. Sun, 15 Aug 2010 20:00:00 EST Health insurance brokers that serve small businesses and individuals are concerned that new federal regulations due next year could reduce their sales commissions, forcing some out of business and others to lay off employees. Sun, 15 Aug 2010 20:00:00 EST Business uncertainty about the economy's strength is continuing to buoy demand for contract staffing — and boost the revenue of many local staffing companies. Sun, 15 Aug 2010 20:00:00 EST A Friday meeting between leaders of the Detroit Regional Chamber and Fusion has left both sides enthusiastic about the future of the young professionals' group. Sun, 15 Aug 2010 20:00:00 EST St. Joseph Mercy Health System is developing Michigan's first specialized emergency medical care program for a growing senior population at its eight hospitals in Southeast Michigan and in Port Huron. Sun, 15 Aug 2010 20:00:00 EST St. Joseph Mercy Health System is developing Michigan's first specialized emergency medical care program for a growing senior population at its eight hospitals in Southeast Michigan and in Port Huron. Sun, 15 Aug 2010 20:00:00 EST The cost savings, new grants and revenue and benefits of shared expertise continue to add up for the Family Service Alliance for Southeastern Michigan as it enters its third year. Sun, 15 Aug 2010 20:00:00 EST Private-equity funds, which have been quiet in the auto industry after being dragged through a mud puddle of bankruptcies, will return as major investors in auto-parts suppliers because of trends in credit markets, consulting firm... Sun, 15 Aug 2010 20:00:00 EST With a $6.2 million share of Detroit's Neighborhood Stabilization Program funds, the Detroit Land Bank Authority is working to acquire homes before a September deadline — and build the kind of track record that will bring more funding. Sun, 15 Aug 2010 20:00:00 EST Dearborn-based Ghafari Associates Inc. announced last week it has received a contract with Bombardier Aerospace for engineering and architectural services at a complex near Bombardier's headquarters in Montreal. Sun, 15 Aug 2010 20:00:00 EST No one involved is talking, but it's believed that Mike Ilitch has a financing plan in place for his bid to buy the Detroit Pistons and Palace of Auburn HillsInc. Sun, 15 Aug 2010 20:00:00 EST Adding the Detroit Pistons and its parent company to his other sports and entertainment holdings — and one day building a new downtown arena for them — will require a significant investment by Mike Ilitch, but he has deep pockets... Fri, 13 Aug 2010 17:17:00 EST The oil spill in a pipeline belonging to Calgary, Alberta-based Enbridge Inc. Fri, 13 Aug 2010 17:30:00 EST A city of Detroit employee who allegedly took thousands of dollars in charitable donations for personal use will face a civil action, according to a statement released today by Michigan Attorney General Mike Cox’s office. Fri, 13 Aug 2010 14:47:00 EST The partnership that manages the joint business operations of the Detroit Free Press and The Detroit News is asking its unionized staff to take a 12-percent pay cut, a union negotiator said. Fri, 13 Aug 2010 15:16:00 EST Southfield-based Origen Financial Inc. Fri, 13 Aug 2010 14:22:00 EST Thanks to an uptick in advertising and promotional spending by clients, Grosse Pointe Farms-based broadcaster Saga Communications Inc. saw its net income grow by $1 million in the second quarter. Fri, 13 Aug 2010 14:18:00 EST The Westin Book Cadillac has been awarded AAA’s prestigious Four Diamond award for its hotel operation. Fri, 13 Aug 2010 12:56:00 EST Cuts in Medicaid funding for adult dental care in July 2009, and individuals and families dropping dental coverage because of the poor economy, are starting to take its toll on the health of children and adults, according to a report issued by the... Fri, 13 Aug 2010 12:49:00 EST Wayne County is holding an informational meeting Aug. 17 to help local businesses and municipalities learn about doing business in China. Fri, 13 Aug 2010 12:37:00 EST Farmington Hills-based Agree Realty Corp. has acquired its third CVS store in as many months. Fri, 13 Aug 2010 11:50:00 EST Oak Park-based Azure Dynamics Inc., a hybrid electric powertrain maker for commercial fleets, continues to report quarterly losses as it develops its technology and seeks new contracts. Fri, 13 Aug 2010 13:44:00 EST Ann Arbor-based aftermarket parts supplier Affinia Group Inc. reported an improved balance sheet this week as the company prepares to go public. Thu, 12 Aug 2010 17:28:00 EST Farmington Hills-based Pet Supplies Plus will be acquired by a New York-based private-equity firm. Under the deal, Irving Place Capital will buy out most of the individual investors in the 20-year-old company. Thu, 12 Aug 2010 13:23:00 EST Ford Motor Co., the Detroit Edison Co., Texas-based Xtreme Power and the state are working on a $5.8 million solar energy project at Ford's Michigan Assembly plant in Wayne. Thu, 12 Aug 2010 15:34:00 EST Today's appointment of Daniel Akerson as CEO of General Motors Co. may bode well for GM's future supplier relations, although it is unlikely to alter its its supplier strategy. Thu, 12 Aug 2010 15:15:00 EST The car dealer network in metro Detroit is returning to a smaller amount of annual closures — along with the rest of the country — with the wind down of bankruptcies and arbitration hearings. Thu, 12 Aug 2010 09:08:00 EST Ex-Detroit School Board President Otis Mathis is scheduled to be arraigned in Wayne County Circuit Court on misconduct in office and obscene conduct charges. Thu, 12 Aug 2010 16:45:00 EST Rock Gaming LLC, a company headed by Quicken Loans/Rock Financial founder and Cleveland Cavaliers owner Dan Gilbert, has selected Harrah’s Entertainment Inc. Thu, 12 Aug 2010 13:17:00 EST Greektown Casino-Hotel has launched an iPhone application for local gamblers. The casino created the application with Las Vegas-based gaming company Bally Technologies Inc. as a way to keep the casino in touch with gamblers. Thu, 12 Aug 2010 13:11:00 EST On Friday, Detroit Regional Chamber President and CEO Sandy Baruah will meet with Fusion's advisory board to discuss the group and its fate. Thu, 12 Aug 2010 18:44:00 EST The second annual Military Vehicles Exhibition and Conference of defense contractors and suppliers has surpassed the inaugural event as of Thursday for both attendance and exhibitors at Cobo Center in Detroit, organizers said. Wed, 11 Aug 2010 11:51:00 EST Floors painted by a graffiti artist, mobile work stations, and views of Detroit from every angle, mark the new downtown office space for Quicken Loans. ALSO: Slideshow of the new office space. Wed, 11 Aug 2010 15:44:00 EST Life sciences company Swift Biosciences Inc. has secured $3 million in Series B venture-capital financing. Wed, 11 Aug 2010 08:51:00 EST Today is America's Thanksgiving Parade Day at Comerica Park. Visitors to the afternoon game between the Detroit Tigers and the Tampa Bay Rays will be greeted by floats that are part of the annual Thanksgiving Day parade. Wed, 11 Aug 2010 08:58:00 EST Ex-Detroit Mayor Kwame Kilpatrick spent more than four hours taking questions from a lawyer for the family of Tamara Greene. Wed, 11 Aug 2010 14:29:00 EST Ann Arbor-based bookseller Borders Group Inc. (NYSE:BGP) confirmed that some employees have been laid off at the company's Ann Arbor headquarters, though no details have been confirmed. Wed, 11 Aug 2010 11:35:00 EST Auburn Hills-based Palace Sports & Entertainment Inc. Wed, 11 Aug 2010 14:45:00 EST An Ann Arbor-based venture-capital fund will receive a $6 million injection from the Michigan Strategic Economic Investment and Commercialization Board, that panel said in a memo on Monday. Wed, 11 Aug 2010 11:38:00 EST Southfield-based advertising agency Doner said today it has inked a deal with Commerce Township-based HoMedics Inc. to market the company’s consumer electronics and House of Marley licensed products. Wed, 11 Aug 2010 16:37:00 EST In an effort to repay its U.S. and European bank debts, Livonia-based Tower Automotive LLC said Wednesday it plans to sell $450 million of 7-year notes. Wed, 11 Aug 2010 11:42:00 EST Troy-based Kelly Services Inc. this morning reported just less than $4 million in net income for the second quarter and a 17.5 percent increase in revenue for the quarter, year over year.