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Credit Union League moves to Livonia, expands in Lansing.(NEWS)
January 5, 2009... Byline: CHAD HALCOM
To reduce costs without job cuts, the Michigan Credit Union League has sold its headquarters building in Plymouth to rent a smaller space in neighboring Livonia, its CEO confirmed. At the same time, it expanded in...
A few resolutions for a tough new year.(NEWS)
January 5, 2009... New beginnings can happen at any time, but the beginning of each year is, of course, the traditional time for resolving to do better in the future.
Here are some resolutions we wish some of those around us would make:
For the newly...
TOOTHLESS TIMELINE.(NEWS)(Chronology)(Brief article)
January 5, 2009... The Detroit Lions' march to infamy is littered with dubious statistics:
Last victory: 24-20 over Kansas City on Dec. 23, 2007. That's a stretch of 372 days as of the last game of the 2008 regular season.
Last winning season: 2000...
NAIAS greener, leaner; Economy, not glitz, is new mantra.(North American International Auto Show)
January 5, 2009... Byline: RICK KRANZAND RYAN BEENE
These are tough times, but the show must go on. The 2009 North American International Auto Show kicks off at Cobo Center with press days Jan. 11-13.
The preshow news has centered on automakers that...
PEOPLE.(Fraser Trebilcock Davis & Dunlap P.C)
January 5, 2009... ARCHITECTURE
Jeffrey Johnson, Dominic Paone, and Bruce Snyder to senior associate, Integrated Design Solutions, Troy, from associate. Also, Beth Pinterpe to associate, from project architect, and Scott Smith to associate, from designer....
$3B military vehicle work draws lots of local interest.(Joint Light Tactical Vehicle)
January 5, 2009... Byline: CHAD HALCOM
Southeast Michigan companies are turning out in force to see if they can take part in the development, supply chain or production on a defense contract estimated to be worth $3 billion when awarded in the spring.
...
Deficits, reserve shortage hit the state budget.(NEWS)
January 5, 2009... Lawmakers head into 2009 facing dual budgetary challenges and state finances that have weakened in recent years, according to a new report from the nonpartisan Citizens Research Council of Michigan.
The report highlights elected officials'...
YES, THERE'S A BRIGHT SIDE.(NEWS)(Brief article)
January 5, 2009... Losing has upsides, even in Detroit.
The coaching dismissals and the winless season give the team opportunities to spark renewed interest among fans.
Media speculation is in high gear and Internet message boards are teeming with...
BRIEFLY.(NEWS)
January 5, 2009... Better Business Bureau revamps consumer rating system
The Better Business Bureau is adopting a more sophisticated consumer-rating system.
Starting Dec. 29, the consumer-driven business-ratings service changed its current...
Maylong Group finds path to grow GPS business.(NEWS)
January 5, 2009... Byline: CHAD HALCOM
David Valade believes it isn't too late to be entrepreneurial in personal navigation devices, even if much larger competitors think the growth in global demand is slowing.
The president of Rochester Hills-based...
2008 Newsmakers of the Year; RICHARD DAUCH.(NEWS)
January 5, 2009... Byline: Ryan Beene
When the clock struck midnight Feb. 25, 3,650 United Auto Worker-represented workers at five American Axle & Manufacturing Holdings Inc. plants in the U.S. went to the picket lines.
It was the start of a bitter,...
New Ann Arbor bank sees credit crunch as opportunity.(NEWS)
January 5, 2009... Byline: TOM HENDERSON
Federal and state regulators are expected to make a final inspection of the new Ann Arbor State Bank today. Approval to begin operations is expected to be a formality, and the bank plans to kick off business with a...
2008 Newsmakers of the Year; DAN GILBERT.(NEWS)
January 5, 2009... Byline: Tom Henderson
The end of 2007 was a hard act for Dan Gilbert to follow.
In November that year, he announced a long-anticipated decision to build a new headquarters in downtown Detroit and relocate 4,000 employees from the...
2008 Newsmakers of the Year; Daniel Loepp.(NEWS)
January 5, 2009... Byline: Jay Greene
As a former Lansing insider, Daniel Loepp, now CEO of Blue Cross Blue Shield of Michigan, must have been disappointed that a handful of Republican state legislators stymied Blue Cross' 14-month effort to pass two bills...
2008 Newsmakers of the Year; L. BROOKS PATTERSON.(NEWS)
January 5, 2009... Byline: Chad Halcom
Oakland County Executive L. Brooks Patterson is a perennial firebrand, both on regional collaboration issues and for challenging the economic status quo. Last year offered him several chances to speak out, and the...
2008 Newsmakers of the Year; KWAME KILPATRICK.(NEWS)
January 5, 2009... Byline: Robert Ankeny
The year 2008 got off to a promising start for Detroit's then-mayor Kwame Kilpatrick.
He was beginning the third year of his second term and was ready to announce a $150 million entertainment, retail and apartment...
2008 Newsmakers of the Year; MARY SUE COLEMAN.(NEWS)
January 5, 2009... Byline: Chad Halcom
It was a year of making history, earning distinctions and defying the larger economic trend for Southeast Michigan at the University of Michigan under President Mary Sue Coleman.
In November, UM reached a record...
Slam-dunked in Bloomfield Hills.(NEWS)
January 5, 2009... In August, sources told Crain's that former Detroit Pistons guard Lindsey Hunter was the target of an FBI investigation of possible mortgage fraud involving the $1.25 million sale of a Bloomfield Hills house to a straw buyer, Bruce McClellan of...
Pipeline to growth; Acquisitions, new technology help Inland Pipe gain a national presence.(NEWS)
January 5, 2009... Byline: DANIEL DUGGAN
When governments talk about "infrastructure improvements, Joe Cutillo's ears perk up, especially when it comes to the massive infrastructure plan being planned by President-elect Barack Obama.
"Typically, it's...
Novi's biz growth beats odds; Location, state tax breaks spur an uptick.(NEWS)
January 5, 2009... Byline: CHAD HALCOM
For a community far flung from the urban center, Novi has done better than the odds might call for in commercial growth and economic attraction.
In assessment numbers to be finalized later this month, city...
NOTABLE DEATHS IN 2008.(NEWS)
January 5, 2009... Jim Beal, longtime owner of J.C. Beal Construction in Ann Arbor, April 30, 87.
Robert Blackwell, ex-Highland Park mayor and former Wayne County Commissioner, Dec. 16, 84.
Jeffery Blaine, head of the last Detroit City Charter...
2008 Year in Review.(NEWS)
January 5, 2009... The economy goes bust
The dismal state of the economy dwarfed every other issue in Michigan in 2008.
Detroit was first to feel the pain brought on by rising jobless rates, home foreclosures, bankruptcies and high gas prices.
Then,...
2008 The absurd.(NEWS)
January 5, 2009... Byline: TOM HENDERSON
Good riddance!
That's about the best that can be said for 2008, a bad year by any account.
It began in January when else would it begin? with the news that Mayor Kwame Kilpatrick had lied under oath about...
2008 Newsmakers of the Year; JOHN FERCHILL.(NEWS)
January 5, 2009... Byline: Daniel Duggan
Since it was shuttered in 1984, the Book Cadillac building had become a symbol of Detroit's downfall. A once-great hotel where athletes, actors and musicians congregated had degraded to a boarded-up mess on Washington...
We resolve to serve you better in 2009.(NEWS)
January 5, 2009... Byline: Mary Kramer
This is the week for resolutions.
With so much economic uncertainty, our editors spent a lot of time late last year looking at how we cover business news and what we can do better this year to serve our readers, in...
CALENDAR.(NEWS)(Calendar)
January 5, 2009... TUESDAY
JAN. 6
Excellence Without Exhaustion: Personal Growth & Energy Management. 8-10:30 a.m. Inforum. Beth Miakinin, owner and president, E. Miakinin Associates L.L.C. The Community House, Birmingham. $45 members, $65 others....
2008 Newsmakers of the Year; KEN MATZICK.(NEWS)
January 5, 2009... Byline: Jay Greene
Ken Matzick began 2008 with a solid plan for William Beaumont Hospitals.
The plan was to build a $160 million proton-beam therapy center to treat difficult cancers, to embark on a $204 million building project to...
It's time for New Year's resolutions.(NEWS)
January 5, 2009... Byline: Keith Crain
Most of us will be making a lot of the same resolutions this year that we might have done in years gone by.
We're going to quit smoking or lose weight or exercise more in the New Year. All are good resolutions but...
MPRO helps hospitals, nursing homes improve quality, safety.(NEWS)
January 5, 2009... Byline: JAY GREENE
MPRO, a Farmington Hills-based company, is working with dozens of hospitals, nursing homes, physician organizations and home health agencies in Southeast Michigan to help improve quality, safety and efficiency.
...
IN THE SPOTLIGHT.(NEWS)
January 5, 2009... Byline: Sherri Begin Welch
The Associated Food & Petroleum Dealers Inc. has named Auday Arabo to the newly created position of COO.
Arabo, 32, previously served as president and CEO of the San Diego-based Neighborhood Market...
BAD COMPANY.(NEWS)
January 5, 2009... Here are the other National Football League teams that have had winless seasons:
Cincinnati Reds: 0-8 in 1934
Chicago Cardinals: 0-10 in 1943
Chicago/Pittsburgh merged team: 0-10 in 1944
Dallas Cowboys: 0-11-1 in 1960
...
2008 Newsmakers of the Year; JOHN DINGELL.(NEWS)
January 5, 2009... Byline: Robert Ankeny
Veteran U.S. Rep. John Dingell, D-Dearborn, made some good news and some bad news in 2008.
The good news was that at age 82 he was re-elected. Dingell will have served 55 years in the House of Representatives at...
LAST CALL FOR 20 IN THEIR 20S NOMINATIONS.(NEWS)
January 5, 2009... Do you know a 20-something who is someone to watch?
Crain's is looking for young professionals who are making their mark in the region. We will publish our 2009 class of 20 in their 20s in the April 20 issue.
These entrepreneurs and...
BUSINESS DIARY.(Natural Kids)
January 5, 2009... CALL FOR NOMINATIONS
Detroit Young Professionals has launched its inaugural Vanguard Awards, a peer recognition program to honor young trailblazers making a positive difference in Detroit and shaping the renaissance of our region. The...
BANKRUPTCIES.(Lumber & Millwork Inc)(Pulmonary & Internal Medicine Specialists)(Brief article)
January 5, 2009... Byline: Julie Dawso
The following businesses filed for Chapter 7 or 11 protection in U.S. Bankruptcy Court in Detroit Dec. 19-30. Under Chapter 11, a company files for reorganization. Chapter 7 involves total liquidation.
...
2008 Newsmakers of the Year; JOHN HERTEL.(Regional Transportation Coordinating Council)
January 5, 2009... Byline: Bill Shea
When John Hertel looks back over his long and varied career chairman of two different county boards, state senator, fairgrounds boss, professor, horse breeder among the highlights will likely be his current...
IN THE SPOTLIGHT.(Flood, Lanctot & Connor P.L.L.C)(Brief article)
January 5, 2009... Ex-Oakland County Prosecutor David Gorcyca, 46, has joined the staff of Royal Oak-based law firm Flood, Lanctot & Connor P.L.L.C. as an attorney in the litigation group of the small firm and will handle criminal defense cases.
The...
CRAIN'S M&A AWARDS.(NEWS)
January 5, 2009... BEST DEALS, DEALMAKERS
Involved in a merger, acquisition or expansion in 2008?
You may be eligible for the second annual Crain's M&A Awards contest.
Crain's Detroit Business and the Detroit chapter of the Association for Corporate...
Lions redo biz playbook; New offense changes biz, marketing, football strategy.(NEWS)
January 5, 2009... Byline: BILL SHEA
Bob Raymond saw firsthand Detroit's previous sports nadir when the Detroit Tigers, for whom he was in charge of ticket sales, lost an American League-record 119 games in 2003.
The team rebounded to recapture Motown's...
RUMBLINGS.(Lamar's Travel)(Bank of America has finished downsizing its local press-relations team)
January 5, 2009... Bus biz gets boost from inauguration
Barack Obama supporter Lamar Gray has more than one reason to be happy his candidate won.
Gray, a commercial photographer, operates a part-time business organizing bus tours, Southfield-based...
CORRECTION.(NEWS)(Correction notice)
January 5, 2009... In a story on the struggles of state venture capitalists on Dec. 22, Peter Farner, a general partner at Tgap Ventures in Kalamazoo, was quoted as saying, "We're not going to do anything until we see how this all shakes out. He said he was...
This Just In.(Adell Broadcasting Corp sues advertising sales firm)(Acord Holdings L.L.C. will consolidate three of its offices )
January 5, 2009... 19 communities get HUD funds to buy houses
Nineteen local communities, including 10 along Eight Mile Road, will receive and apply a collective $134 million in federal funds for the coming year to offset falling property values by buying...
BRIEFLY.(Federal-Mogul Corp plans for restructuring)(State regulators approved an $83.6 million electric rate increase )
January 5, 2009... State utilities get rate increases
State regulators on Dec. 23 approved an $83.6 million electric rate increase for Detroit Edison Co. and a $22.4 million natural-gas rate increase for Consumers Energy Co.
Detroit Edison (NYSE: DTE)...
Our e-mails will keep you in the know this year.(NEWS)
January 5, 2009... Byline: Alan Baker
Now that the fun and excitement of New Year's has died down, what is your big resolution for the year?
Want to lose weight? Stop smoking? Call your crazy Aunt Shirley more often?
Those are all admirable things,...
Michigan banks get short end of TARP; Treasury avoiding state, some bankers say.(Troubled Assets Relief Program)
January 5, 2009... Byline: TOM HENDERSON
With the deadline for federal approval fast approaching, a summary of Michigan-based banks that have received funding from the U.S. Treasury as part of the Troubled Asset Relief Program is short and, from the...
WEEK IN REVIEW.(K-Dow Petrochemicals joint venture with Dow Chemical scrapped)(Oakland University plans to develop a hub for health care and research center)(Joseph Doyle has been promoted to president of Livonia-based TCF Bank)
January 5, 2009... GMAC receives $5B bailout, falls short on capital goal
The U.S. Treasury Department said it will give $5 billion to GMAC Financial Services L.L.C., the financing arm of General Motors Corp., in a move expected to stave off a bankruptcy...
Year unkind to local public companies.(NEWS)
January 5, 2009... Byline: RYAN BEENE
Metro Detroit public companies felt more than their fair share of this year's economic and stock market malaise as they performed well below the Standard & Poor's 500 Index.
David Sowerby, chief market analyst at...
OPINION.(Michigan Business Tax)(Viewpoint essay)
January 12, 2009... Business should get behind prison reform
The Detroit Regional Chamber and other major business associations recently have expanded their lobbying efforts beyond tax policies and business regulations. They now show up at hearings that decide...
LAST CALL FOR 20 IN THEIR 20S NOMINATIONS.(NEWS)
January 12, 2009... Do you know a 20-something
who is someone to watch?
Crain's is looking for young
professionals who are making
their
mark in
the
region.
We will
publish
our 2009
class of
20 in
their...
Veteran reporter retires.(Reporter Robert Ankeny has retired from Crain's Detroit Business)(Brief article)
January 12, 2009... Reporter Robert Ankeny has retired from Crain's Detroit Business after a dozen years here.
Bob joined Crain's in the wake of the 1995 newspaper strike. He had worked for nearly 26 years as an editor and reporter for The Detroit News.
...
Arotech stock climbs with Gaza strife.(NEWS)
January 12, 2009... Byline: CHAD HALCOM
Hostilities between Israel and the Hamas government in the Gaza Strip may be fueling modest investor speculation in Ann Arbor-based Arotech Corp., which supplies an armored vehicle for the Israeli military.
But the...
Businesses battle ergonomics rules.(General Industry Safety Standards Commission)(Occupational Health Standards Commission)
January 12, 2009... Byline: Amy Lane
Michigan businesses aim to prevent a long-discussed state ergonomics standard from taking a key step forward this week.
A Wednesday joint meeting of the General Industry Safety Standards Commission and the Occupational...
Display designers get creative with smaller budgets.(NEWS)
January 12, 2009... Byline: RYAN BEENE
Local auto show display builders have had to go outside the traditional realms of display building to create captivating displays on a shoestring for the 2009 North American International Auto Show.
As automakers...
BANKPRUPTCIES.(McKenzie Lawnscape Inc)(Acropolis Development)(Brief article)
January 12, 2009... Byline: Julie Dawso
The following businesses filed for Chapter 7 or 11 protection in U.S. Bankruptcy Court in Detroit Jan. 2-8. Under Chapter 11, a company files for reorganization. Chapter 7 involves total liquidation.
Acropolis...
Auto suppliers maintain presence; some cut back as others go for flash.(NEWS)
January 12, 2009... Byline: RYAN BEENE
Auto suppliers at the North American International Auto Show are maintaining a similar presence to years past, even as automakers slash their show marketing budgets.
Four out of the nine auto show supplier sponsors...
CALENDAR.(NEWS)(Calendar)
January 12, 2009... TUESDAY
JAN 13
Regional Development and the Translinked Project. 4 p.m. The Detroit Chapter of the Institute of Internal Auditors and the Institute of Management Accountants. With: Wayne County Executive Robert Ficano and Detroit...
ENGINEERING SOCIETY PLANS CAREER-CHANGE FAIR.(NEWS)(Brief article)
January 12, 2009... The Engineering Society of Detroit on Jan. 28 will present an event that will provide engineer and technical professionals with information on alternative careers.
Presenters will discuss what it takes to make a career transition, the...
CCS students get main floor.(College for Creative Studies)(North American International Auto Show)(Brief article)
January 12, 2009... Byline: RYAN BEENE
For the first time, students from Detroit's College for Creative Studies will show their concept vehicle designs on the same floor as the latest creations from Lamborghini and General Motors Corp. at this week's North...
CRAIN'S SEEKS NOMINCATIONS FOR TOP CFOs.(NEWS)(Brief article)
January 12, 2009... CFOs are often the unsung heroes of an organization's senior management team. These leaders are grappling with budget pressure and increased red tape, and are contributing to strategic planning in new ways.
Crain's Detroit Business is...
CORRECTIONS.(NEWS)(Correction notice)
January 12, 2009... A story on Page 6 of the Jan. 5 issue incorrectly listed Debbie Dingell's title as vice president at General Motors Corp. Dingell is vice chair of the General Motors Foundation, Inc. and executive director, public affairs and community...
As Detroit 3 funding falls, nonprofits to collaborate.(Cultural Alliance of Southeastern Michigan)
January 12, 2009... Byline: SHERRI BEGIN WELCH
The Cultural Alliance of Southeastern Michigan is planning to help its members collaborate on accounting and marketing services this year to help offset declines in funding from a number of sources, including the...
Detroit Hope Hospital cuts costs to serve poor.(NEWS)
January 12, 2009... Byline: JAY GREENE
After spending $750,000 on upgrades and renovations last year, Dr. Ramsay Dass is on a mission to reopen 50 acute-care beds at Detroit Hope Hospital to serve low-income and uninsured patients cost-effectively.
In...
Business Diary.(Airfoil Public Relations Inc. contracts with sign/styling software company)(United Road, Romulus has acquired Linden Autolog Auto Transport)
January 12, 2009... ACQUISITIONS
United Road, Romulus has acquired Linden, N.J.-based Autolog Auto Transport.
CONTRACTS
Maddox Ungar Silberstein P.L.L.C. announced the following companies have selected the Bingham Farms-based CPA firm as their...
Dworkin's new quest: Make leaders available to youths.(Sphinx Organization)
January 12, 2009... Byline: SHERRI BEGIN WELCH
Sphinx Organization President and CEO Aaron Dworkin wants to make local, established leaders more accessible to youth.
He's dedicated the third year of his five-year, $500,000 "genius grant from the John D....
GLUE founders stay put to help Rust Belt renaissance.(Great Lakes Urban Exchange)(gluespace.org)
January 12, 2009... Byline: AVA TABB
While the typical 20-something often flees the industrial city for the sparkling metropolis, Sarah Szurpicki, 27, and Abby Wilson, 29, have sunk their heels into the grit of the Rust Belt to plan a renaissance.
Just...
Detroit, state leaders to rub elbows at inauguration; State-specific events scheduled.(NEWS)
January 12, 2009... Byline: NANCY KAFFER
Hotels are packed, buses reserved and tickets to the most exclusive events are expensive or unavailable.
Detroit's business and civic leaders will be out in force at the inauguration of President-elect Barack...
This year it's $350 million from NAIAS.(North American International Auto Show )
January 12, 2009... Byline: Keith Crain
We're in a recession in Michigan. Actually, so is the rest of the country these days. Some automobile companies are fighting for their lives. Some brands have already been declared dead.
But people still love cars,...
Labor law changes look likely; First up in Congress may be Employee Free Choice Act.(NEWS)
January 12, 2009... Byline: CHAD HALCOM
A new presidential administration and a possibly filibuster-proof Senate could have local law firms tackling significant management-labor law reforms for their employer clients.
Attorneys in employment litigation...
CASUALTY LIST.(NEWS)(Brief article)
January 12, 2009... Examples of how the economic downturn has affected pro sports locally:
The 16-team Arena Football League, which has a team in Grand Rapids that originally played in Detroit, said on Dec. 12 it was suspending its 2009 season because of...
Pride more than profits; Low costs, deep-pocket owners help minor league sports in tough economy.(NEWS)
January 12, 2009... Byline: BILL SHEA
When the Detroit Panthers narrowly beat the Mid-Michigan Destroyers on Jan. 3 at Groves High School in Beverly Hills to open its inaugural Premier Basketball League season, it became the latest entry in the region's...
Event planners see late rush of bookings.(NEWS)
January 12, 2009... Byline: DANIEL DUGGAN
When companies started canceling parties earlier this year, Denny Freitag worried that this week would be drastically slower than usual for her event-planning business.
Two parties she was planning, in fact, were...
Transplant limits face review; State may study letting more hospitals do some operations.(Michigan Certificate of Need Commission)
January 12, 2009... Byline: JAY GREENE
The Michigan Certificate of Need Commission will decide Feb. 5 whether to appoint a work group to study changing 23-year-old state regulations governing the number of hospitals allowed to offer certain organ transplant...
City seeks help from Obama.(NEWS)
January 12, 2009... Byline: Nancy Kaffer
Detroit officials hope a Democratic administration in Washington, D.C., will mean the adoption of urban-friendly policies and bring jobs and dollars to the Motor City.
President-elect Barack Obama is expected to...
THE PARTICIPANTS.(NEWS)
January 12, 2009... Mark Hilpert, partner, Honigman Miller and host/sponsor for the discussion.
David Hollister, CEO, Prima Civitas Foundation and former mayor, city of Lansing.
Sarah Hubbard, vice president, government relations, Detroit Regional...
Economic bust means boom for pawnbrokers.(NEWS)
January 12, 2009... Byline: NANCY KAFFER
The Tuesday before Christmas, snow was falling by 9 a.m. But that didn't deter the dozen people queuing up outside American Jewelry and Loan.
At the 50,000-square-foot Detroit pawnshop, housed in a converted...
Business groups increase emphasis on cutting state spending.(NEWS)
January 12, 2009... Byline: AMY LANE
In 2007, as lawmakers moved through crafting the new Michigan Business Tax and then toward a budget crisis that produced the ill-fated service tax, which was subsequently repealed and replaced with an MBT surcharge, the...
Corrections costs handcuff state; Coalition calls for spending cuts, reforms.(NEWS)
January 12, 2009... Byline: AMY LANE
By many measures, Michigan's correctional system is a state government giant.
One in three state employees work in the Michigan Department of Corrections, prison populations have swelled more than 519 percent since...
PRESSING FOR SOLUTIONS.(NEWS)
January 12, 2009... In December, 14 prominent business, university, municipal and nonprofit leaders urged Gov. Jennifer Granholm and lawmakers "to quickly and comprehensively reform the Michigan prison system and corrections policies. The aim is long-term...
MICHIGAN'S PRISON POPULATION EXPLODES.(NEWS)
January 12, 2009... Since 1973, Michigan's prison population has grown from 7,874 to 48,787, which is down from a 2006 peak of 51,454.
Still, Michigan's incarceration rate is higher than in neighboring states even though it sends fewer people to prison each...
Small Business Barometer finds dismal outlook.(NEWS)
January 12, 2009... Byline: NANCY KAFFER
Sales are down. Profits have dropped. Access to credit has tightened.
Businesses that participated in the Small Business Association of Michigan's 58th Small Business Barometer didn't have much good news to...
AUTO SHOW FACTS.(NEWS)
January 12, 2009... Key dates:
Press Preview. Jan. 11-13. Open only to members of the media.
Industry Preview. Jan. 14-15. Open to automotive industry professionals.
Charity Preview. Jan. 16. Proceeds benefit Michigan's children's charities.
...
Business leaders: Reform corrections, attack surcharge.(NEWS)
January 12, 2009... This is a critical year for Michigan. The state's political clout in Washington is waning (remember the congressional auto hearings?) at a time when the auto industry needs it most. The state's economy is worsening, with predictions of a budget...
Saga ponders reverse stock split to keep its NYSE listing.(NEWS)
January 12, 2009... Byline: BILL SHEA
Grosse Pointe Farms-based radio station owner Saga Communications Inc. is mulling a reverse stock split to forestall potential delisting by the New York Stock Exchange.
The broadcaster, which doesn't own any stations...
TALK ON THE WEB.(NEWS)
January 12, 2009... What you want from Crain's in 2009:
A list of people who have goods or services that they would exchange for other goods or services.
Paul Nefouse
A daily 4- to 5-minute newscast video with summary points of your key news or...