Michigan Business

Michigan's 'underemployment' rate tied for nation's highest in 2011

2012-02-10T21:21:05Z

Michigan's "underemployment" rate — which is considered a broader reflection of the health of the workforce than the unemployment rate — averaged 21 percent to 24 percent in 2011, according to a poll released today by Gallup.The figures tied for...

Intelligence Committee chair: China-based cyber attacks against U.S. companies are getting 'exponentially' worse

2012-02-11T00:35:00Z

Cyber warfare the country's biggest threat, says Mike Rogers, R-Brighton

White Shirt Day founder's son on board with union call for non-violent civil disobedience

2012-02-11T00:20:17Z

The annual White Shirt Day Celebration at UAW 651 Union Hall was highlighted with an dramatic speech by UAW International President Bob King calling on workers to engage in non-violent civil disobedience to regain worker rights.

Kent County homeowner advocate is cheered by $26 billion foreclosure settlement, awaits details

2012-02-10T20:45:29Z

“Not only does it provide relief for homeowners who need relief, it also demonstrates that there are repercussions for not doing what you’re supposed to be doing,” said Traci Coffman, Financial Counseling Manager for Home Repair Services Inc.

Brewery Vivant in Grand Rapids becomes first LEED Silver commercial brewery in Michigan, possibly U.S.

2012-02-10T20:41:00Z

Brewery Vivant opened late December 2010 on Cherry Street SE.

Cobo Center revenue doubles to $7.6M in 2011

2012-02-10T18:44:08Z

According to an annual audit of the Detroit Regional Convention Facility Authority, which operates the facility, operating revenue increased from $3.6 million in fiscal year 2010 to $7.6 million last year, and operating subsidies from Michigan and the federal government from $20 million in 2010 to $12.5 million last year.

Obama call for manufacturing revival a tough goal

2012-02-10T17:45:21Z

President Barack Obama is making a strong election-year push for an economic revival "built on American manufacturing." But he faces an uphill slog, with little consensus even within his own party on how to do it.

Michigan's counties unhappy with budget recommendation

2012-02-10T16:25:00Z

Snyder's recommendation calls for incentive-based program for county revenue sharing.

Michigan bicyclists petition Amtrak to allow 'roll-on' bicycles on local trains

2012-02-10T15:58:22Z

The League of Michigan Bicyclists has launched an online petition asking Amtrak to allow Michigan rail passengers to "roll on" bicycles.

Clint Eastwood: Pro America -- not auto bailouts

2012-02-10T14:47:22Z

Why are some ''intelligent'' people dumber than the average American? That question was indirectly brought up during a CNBC interview Friday morning with Clint Eastwood, who has found himself in a political controversy for starring in Chrysler Group LLC's 2012 Super Bowl commercial on Sunday.

Who will succeed Alan Mulally as Ford's CEO?

2012-02-10T12:19:26Z

Here are the leading candidates to succeed Alan Mulally as Ford's CEO. Mulally, 66, says he has no plans to retire. But he acknowledges that the carmaker has a succession plan for every top management position.

Test driving compressed natural gas fueled car: Is it the next big alternative for clean burning vehicles?

2012-02-10T12:00:19Z

CNG advocates argue natural gas is cheap, an all-American fuel and burns cleaner than gasoline. But there are downsides.

Michigan economic development budget increased under Gov. Snyder's proposal

2012-02-09T23:10:00Z

Funding for Pure Michigan and film incentives would remain the same.

Grand Rapids iPad retailer: Protests of Apple are signs of larger issue within tech manufacturing

2012-02-09T23:06:34Z

“It’s probably more of an entire electronic industry issue," says CompuCraft founder.

Return of the wagon? Not in America; GM to debut Chevy Cruze station wagon in Europe

2012-02-09T21:41:14Z

General Motors Co. will unveil a new Chevrolet Cruze station wagon at the 82nd International Geneva Motor Show early next month.

Lack of snow has surprising side effect for Michigan grocery store chain

2012-02-09T20:45:31Z

"I hate talking about the weather but it is a reality for us," says Spartan Stores CEO.

Pure Michigan, film incentive funding maintained under Snyder budget proposal

2012-02-09T19:30:00Z

Gov. Rick Snyder's budget recommendations include $25 million each for film credit program and tourism campaign.

Democrats say Snyder not investing enough in schools, but business leaders praise budget plan

2012-02-09T18:43:43Z

Business Leaders: "Responsible fiscal practices, coupled with legislative action last year to address the state’s long-term debt, have placed Michigan on a solid financial footing.”

Haworth reports double digit sales growth in 2011

2012-02-09T18:40:00Z

The Holland office furniture maker's sales grew at a rate higher than the industry in all sectors.

Consumers Energy has another energy company competing for its business customers

2012-02-09T18:09:59Z

Direct Energy Business announced this week it will begin providing electricity supply services to business customers in Consumers Energy's service territory.

Gov. Rick Snyder's proposed budget: A glance at the numbers

2012-02-09T17:24:45Z

Nearly $1.1 billion more is available from anticipated revenue increases and leftover funds from 2011. Here's where some of it is going.