Crain's Michigan Business News
02/04/12
LANSING (AP) — The budget proposal that Gov. Rick Snyder will deliver Thursday isn’t expected to contain the sweeping tax changes and spending cuts that made last year’s plan such a change from the past. Still, it’s creating some anxious moments for school officials and local government leaders waiting to hear how and when the cuts they took in the current budget might be reversed.
02/03/12
LANSING (AP) — Michigan's improving unemployment numbers mean jobless residents in the state are no longer eligible for some federally funded extended benefits.
02/03/12
A tentative agreement between Detroit Mayor Dave Bing's administration and a coalition of labor unions achieves some of the concessions the mayor has said are necessary to avoid a cash crisis — but isn't a clear path out of the city's financial crisis.
02/02/12
Some of Detroit's labor unions have reached a tentative agreement to make concessions requested by Detroit Mayor Dave Bing.
02/02/12
LANSING — Michigan homebuilders hope that the political and economic climate is right for passage of a long-sought change in the tax treatment of newly constructed, unsold houses.
02/02/12
The Michigan Economic Activity Index was flat in November, but Comerica Bank’s chief economist says the state is poised for growth that should send the index higher in coming months.
ENTREPRENEURSHIP
02/01/12
BioPhotonic Solutions Inc. was the big winner Tuesday at the 12th Annual Collaboration for Entrepreneurship in Ann Arbor.
02/01/12
DETROIT (AP) — Detroit officials continue to negotiate with city unions and bargaining units on health, pension and other concessions.
FINANCE
01/31/12
The state plans to launch a new fund, the Pure Michigan Venture Match, to invest in early-stage technology companies. The Michigan Economic Development Corp. and Michigan Strategic Fund will hold a public hearing on the proposed fund Feb. 8.
01/31/12
LANSING (AP) — Fewer people — especially young adults — appear to be leaving Michigan for other states.
01/31/12
LANSING (AP) — Employees would have to annually renew their written consent allowing the deduction of union dues from their paychecks, under legislation approved by a Republican-led Michigan House committee.
01/31/12
LANSING (AP) — A poll found that a majority of Michigan voters oppose raising gas taxes and vehicle registration fees to fund road and bridge improvements
ENERGY
01/31/12
As the state rebuilds its economy, executives at several West Michigan companies and their international partners see a future that’s blowing in the wind.
01/29/12
A week ago, Crain's Sherri Welch reported on crainsdetroit.com that the Sault Ste. Marie Tribe of Chippewa Indians planned to build a $245 million casino in downtown Lansing.
ECONOMIC DEVELOPMENT
01/31/12
Business Leaders for Michigan released an updated version of the group's Michigan Turnaround Plan last week, including a prescription to make Michigan a top 10 state when it comes to competing for businesses and residents.
01/28/12
LANSING (AP) — Saddled with budget deficits and declining enrollment, the Highland Park School District on Friday became the latest public entity in Michigan to get a state-appointed emergency manager because of struggling finances.
TRANSPORTATION
02/01/12
The long-awaited bills that create a regional transit authority have been introduced in Lansing.
01/27/12
Serra Automotive has added another dealership to its network with the purchase of Genesee Valley Chrysler-Dodge-Jeep-Ram in Flint Township.
01/27/12
Scott Case, founder of the travel website Priceline.com, will formally launch Startup Michigan on Tuesday at the Annual Collaboration for Entrepreneurship event in Ann Arbor.
01/27/12
Joe Duncan said he has never seen things this bad.
01/27/12
WEST BLOOMFIELD TOWNSHIP (AP) — A doctor accused of misdiagnosing epilepsy in hundreds of children has agreed to pay a $10,000 penalty and have his future work reviewed by another doctor.
INCENTIVES
01/31/12
Gov. Rick Snyder said he will give more consideration to the state's Pure Michigan campaign than to film incentives in budgetary concerns.
SMALL BUSINESS
01/31/12
Perhaps no problem is more common among second-stage businesses — nor more bedeviling — than finding capital to fund growth.
01/27/12
LANSING (AP) — Michigan officials say that seasonally unadjusted unemployment rates have increased in all 17 major state labor markets.
01/26/12
LANSING (AP) — Michigan motorists would be asked to pay higher fuel-related taxes and vehicle registration fees in exchange for improved roads, under proposals introduced today in the Michigan Legislature.
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MICHIGAN BRIEFS: Lansing casino announced — but that was easy part