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People.(employment changes in Detroit, MI, area)
May 12, 2003... info/tech
Thomas Csatari to director of sales, The Epitec Group, Southfield, from account executive for new-business development. Also, Dave King to director of information technology from senior network engineer.
Michael Witt to...
Sale puts Farr out of new-car business.(News)(Mel Farr sells car franchises to Sterling Motors L.L.C.)
May 12, 2003... Byline: Brent Snavely
Mel Farr, once the holder of the nation's largest African-American-owned car dealership group, has sold his last two new-car franchises to Sterling Motors L.L.C., a company owned by Jerome-Duncan Holdings.
"We...
Entrepreneur works to piece together parts-maker.(News)(Mark Lee, Peake Plastics Inc.)
May 12, 2003... Byline: Michael Strong and Rhoda Miel
Mark Lee is taking advantage of loosening capital markets and the availability of acquisition targets to pursue a dream: building his own company.
Lee is the 37-year-old entrepreneur behind Morning...
Northville lawyer accused of commodities fraud.(Cover Story)(Charles Mady Jr.)
May 12, 2003... Byline: Robert Ankeny
Northville lawyer Charles Mady Jr. almost made the winner's circle at the Breeders Cup in Arlington, Ill., last Oct. 26. His 3-year-old, Thunderello, a real long shot at odds of 45-1, finished second.
But the...
Week in Review; May 5-11.(Review)(local briefs)
May 12, 2003... Former CFO of MCA gets 4 years in prison for fraud
Keith Pietila, former CFO of MCA Financial Corp., was sentenced to four years in prison. Pietila, 53, pleaded guilty in January 2002 to charges that MCA defrauded investors and lenders by...
Flat as a pancake; Private companies' revenue holds steady in 2002, with little change seen for this year.(News)
May 12, 2003... Byline: Brian Charlton
If it were a baseball team, you might say that Troy-based Oxford Automotive Inc. expects 2003 to be a rebuilding year.
"We expect to be fairly flat compared to last year,'' said Andrew Cummins, vice president for...
Cost-cutting helps Compuware stay in black despite revenue fall.(News)
May 12, 2003... Byline: Andrew Dietderich
Cost-cutting measures by Compuware Corp. helped the software-maker report a net profit in fiscal 2003, even though revenue dropped by $336 million and the company spent more than $23 million battling IBM Corp. in...
This just in.(This Just In)(local briefs)
May 12, 2003... Wells REIT buys building in Auburn Hills
The Koll Corporate Center, an 119,122-square-foot office building in Auburn Hills, was sold in an estimated $17.3 million deal.
The Atlanta-based Wells Real Estate Investment Trust acquired the...
Survey: Suppliers' preference for Japanese automakers rises; U.S. automakers lag on trust, cooperation.(News)
May 12, 2003... Byline: Robert Sherefkin and Julie Cantwell Armstrong
Auto suppliers long have preferred to work with Japanese automakers rather than with the Big Three. Now, those feelings are even stronger.
In 17 measures ranging from trust to...
Business Diary.(News)(miscellaneous briefs)
May 12, 2003... contracts
Sachse Construction, Farmington Hills, has renovated a 50,000-square-foot Southfield office building into a computer and claims-processing center for Wisconsin Physician Services. The updating of the newly leased space, at 23800...
37 finalists chosen for Entrepreneur of the Year.(News)(Ernst & Young L.L.P. awards)
May 12, 2003... The consulting company Ernst & Young L.L.P. has named 37 finalists representing 34 companies for its 2003 Eastern Michigan Entrepreneur of the Year awards.
Ernst & Young plans to name the winners June 19 at the Ritz-Carlton in Dearborn....
Corrections.(Correction)
May 12, 2003... * Clinton Township-based Stu Evans Automotive Group Inc., with 2002 sales of $300 million and 210 employees, should be listed at No. 45 on Crain's Private 200 that begins on Page 11. The company wasn't listed because it submitted its...
Beckham named to top post at Detroit Black Chamber.(News)(Detroit Black Chamber of Commerce chooses Charles Beckham)(Brief Article)
May 12, 2003... Byline: Robert Ankeny
The Detroit Black Chamber of Commerce has appointed Charles Beckham president and CEO, succeeding Verna Green.
Beckham was co-founder and executive director of the African American Association of Businesses &...
Covisint looks to help cut cost of communicating.(News)
May 12, 2003... Byline: ralph kisiel
Three major auto suppliers are working with the domestic automakers to develop a messaging service to streamline the way they send and receive documents.
The idea is to make Covisint L.L.C. a central messaging hub....
Nobody's going to like the outcome.(regional government necessary for Detroit, Southeast Michigan)(Column)
May 12, 2003... Whether we like it or not, it would appear that there is constant friction between Detroit and the rest of Southeast Michigan.
But the fact is, to paraphrase Ben Franklin, that we'll all hang together or we'll hang separately.
That...
Troy axle-maker looks for more defense business after war.(News)(AxleTech International L.L.C.)
May 12, 2003... Byline: Brian Charlton
While many Americans watched daily TV coverage of the war in Iraq looking for friends and family in the military, Mary Petrovich watched for images of cargo carriers grinding through the desert.
That's because...
No issue spurring regional thinking.(Letters)
May 12, 2003... Editor:
When one gets beyond political correctness, the solution to the regional puzzle is clear ("Special Report: Regional Leadership,'' April 28).
It is a compelling regional issue that gets people together to create change - not...
Canada may approve CenTra's transit plan; Fate of second rail tunnel unclear.(Cover Story)
May 12, 2003... Byline: Michael Strong
The Canadian federal and Ontario provincial governments apparently have tentatively OK'd a plan aimed at relieving truck-traffic congestion in Windsor and CenTra Inc. may be a winner.
To do so, it will have to...
Masco stock back at prewar levels after bumpy ride amid uncertainty.(News)(Company Profile)
May 12, 2003... Byline: Michael Strong
The stock price of Taylor-based Masco Corp. has been on a roller-coaster ride this year as general investor confidence has waned and risen.
Masco, one of the world's largest makers of home-improvement and...
Health council seeks a long-term solution to Detroit hospital crisis.(News)(Greater Detroit Area Health Council Inc.)
May 12, 2003... Byline: Katie Merx
While a governor's task force works to keep Detroit's safety-net hospitals viable in the short term, the Greater Detroit Area Health Council Inc. is looking for long-term regional answers to the crisis.
The...
Annual meetings.(News)
May 12, 2003... *Lear Corp. (NYSE: LEA): 6 p.m. PST May 28, 10900 N.W. Fourth St., Bellevue, Wash.
*Caraco Pharmaceutical Laboratories Ltd. (OTC BB: CARA): 10 a.m. June 2, Hotel St. Regis, 3071 W. Grand Blvd., Detroit.
*Covansys Corp. (Nasdaq: CVNS):...
Comshare credits Sarbanes for biz boost.(News)
May 12, 2003... Byline: Andrew Dietderich
Ann Arbor financial software company Comshare Inc. is getting a boost from new federal financial disclosure laws and loosening tech spending.
But investors remain skeptical that the company has turned the...
UM biz school planning for $250M campaign.(Cover Story)(Cover Story)
May 12, 2003... Byline: Laura Bailey
The University of Michigan Business School is planning a $250 million campaign as part of the university's overall capital campaign, which is expected to exceed $1 billion.
Business School Dean Robert Dolan said...
Kmart: Shipping changes spice up superstore sales.(Rumblings)(includes multiple briefs)
May 12, 2003... Kmart Corp. store-operations executives say sales at supercenters are increasing because the company is now getting more frequent grocery shipments and because the stores are stocked with many more local products.
Until February, Kmart was...
Seminars on doing business in China take place May 14.(News)(Brief Article)
May 12, 2003... Byline: Michael Strong
Companies around metro Detroit are beginning to realize that China may be the next great untapped marketplace, but how to get a toehold there is information that is elusive at best.
The Detroit Regional Chamber...
Bankruptcies.(Bankruptcies)(Hammond Church of God in Christ Inc., Citation Tool Inc.)(Brief Article)
May 12, 2003... Byline: Ian McClure
The following businesses filed for Chapter 7 or 11 protection in U.S. Bankruptcy Court in Detroit the week of April 28. Under Chapter 11, a company files a reorganization plan that the court must approve. Chapter 7...
Calendar.(Calendar)
May 12, 2003... Tuesday
may 13
Eighth Annual GARDE Awards Program. Sponsored by the Great Lakes Construction Alliance and National Center for Settlement Dispute. 4:30 p.m. Speaker: Nanette Lee Reynolds, director, Michigan Department of Civil Rights....
Dumars a winner; MCA execs, losers.(Opinion)
May 12, 2003... Here's a roundup of some of the winners and losers in last week's headlines.
WINNER: Detroit Pistons President Joe Dumars. The post-season success for the Pistons is a tribute to its CEO. The player-turned-president was clear about his...
Businesses ready for Oakland airport expansion.(News)
May 19, 2003... Byline: Michael Strong
As Oakland County International Airport works to complete $16.7 million in improvements in the next three years, many of the dozen aviation companies using the airport are expanding to get ready.
The Waterford...
Rebuilding a reputation; John Richards Homes owners struggle after courtroom vindication.
May 19, 2003... Byline: Robert Ankeny
John Richards Homes Building Co. L.L.C. celebrated its 20th anniversary last March. But there was little joy at the Birmingham-based custom-home-building company founded by Janet and John Shekerjian.
They haven't...
Crain's names ad director and marketing director.(News'Crain's Detroit Business,' Marla Downs)(Brief Article)
May 19, 2003... Marla Downs, 45, has joined Crain's Detroit Business as advertising director. Downs recently was director of sales at AOL Time Warner. Before that, she spent 20 years in cable advertising sales in the Detroit area, including a position as...
`Best Places to Work' nominations sought.(News)(Brief Article)
May 19, 2003... Crain's Detroit Business and IRI Consultants to Management are accepting nominations for the 2003 "Best Places to Work'' competition.
The program recognizes outstanding employers in Southeast Michigan and is based on measurable criteria...
Compuware, IBM CEOs ordered to talk; Karmanos, Palmisano to meet June 4.
May 19, 2003... Byline: Andrew Dietderich
The CEOs of Compuware Corp. and IBM Corp. have been ordered by a U.S. district judge to attend a settlement conference that attorneys said could be a break in the large and complex case that cost Compuware at...
Corrections.(Correction)
May 19, 2003... * In a story on Page 17 of the May 12 issue, Seymour Gill Financial/Mass Mutual should have been listed as a local sponsor of the 2003 Eastern Michigan Entrepreneur of the Year awards.
* On the Crain's Private 200 list, published last week,...
And just how good is your crystal ball?(future of U.S. mixed economy)
May 19, 2003... Byline: KEITH CRAIN
I was talking with several folks last week, and everyone was looking at each other trying to make some sense out of our economy.
It is simply impossible to figure out what the economists are telling us.
I guess...
Porter: DMC not filing bankruptcy but does have survival plan.(Detroit Medical Center)
May 19, 2003... Byline: Katie Merx
Detroit Medical Center President and CEO Arthur Porter said last week that the hospital system continues to grapple with financial instability but will not file for bankruptcy protection.
Instead, Porter said in a...
Garage sale; CMS still working to unload some pretty big odds and ends.(CMS Energy Corp.)
May 19, 2003... Byline: Amy Lane
For sale: 5,600 acres along northern Michigan's lakeshore.
Also offered: a coal-fired power plant in India and a Brazilian electricity venture.
They're items that CMS Energy Corp. (NYSE: CMS) hopes to sell yet...
Business Diary.(News)
May 19, 2003... contracts
ForeSee Results, Ann Arbor, will provide online customer-satisfaction measurement and management for Sandy Spring Bank in Montgomery County, Md.
Hedge & Co. Inc., Southfield, has been selected by VNU Expositions Inc. of...
Judge is right to send a powerful message.(Opinion)(Brief Article)
May 19, 2003... There ought to be a law.
Chief U.S. Bankruptcy Judge Stephen Rhodes awarded a home-builder a $6.4 million judgment against Southfield broadcast executive Kevin Adell, who Rhodes said filed a false involuntary bankruptcy petition against...
Flight plan.(Oakland County International Airport)(Brief Article)
May 19, 2003... Oakland County International Airport expects to complete a $16.7 million improvement plan in the next three years that includes:
* Lengthening the main runway by 350 feet, to 6,550 feet, to accommodate fully fueled, large-body jets....
Visteon drops pay-to-play plan; Weaker suppliers to be culled through online quotes.(News)
May 19, 2003... Byline: Julie Cantwell Armstrong
Visteon Corp. has reversed course and stopped asking suppliers for prepaid cost givebacks of up to 10 percent as a condition of winning new long-term, lower-priced contracts, a strategy known as "pay to...
New bosses.(at Pricewaterhouse Coopers L.L.P. and Ernst and Young L.L.P.)(Brief Article)
May 19, 2003... Byline: Katie Merx
All of Detroit's Big Four accounting offices have named new managing partners within the past year.
Ernst & Young L.L.P. Managing Partner Jeff Bergeron became managing partner of that firm's Detroit practice in May...
KPMG looks to double size of local practice.(KPMG L.L.C.)
May 19, 2003... Byline: Katie Merx
The accounting firm KPMG L.L.P. plans to double the size of its Southeast Michigan practice and has moved a heavy hitter from Kansas City, Mo., into town to do it.
Jeff Dobbs took over as Detroit office managing...
Letters.
May 19, 2003... Beaumont needs to get on the bus
Editor:
I would like to commend Mary Kramer on her May 5 column regarding the Southeast Michigan health care crisis ("Beaumont needs to join hospital debate''). It seems the Beaumont system thinks that...
Health care heroes sought.(Special Report)(Brief Article)
May 19, 2003... Crain's Detroit Business is seeking nominations for Health Care Heroes, a special section honoring individuals and companies in the health care industry that will be published Aug. 25. Winners will be named in the following categories:
*...
Ex-Lason exec helped with probe.(Robert Bassman)
May 19, 2003... Byline: Brent Snavely
A former Lason Inc. executive played a pivotal role in last week's criminal and civil charges.
Last week Gary Monroe, William Rauwerdink and John Messinger were indicted by a federal grand jury on several counts...
Lason shareholders to get $12.68M lawsuit settlement.(News)(Brief Article)
May 19, 2003... Byline: Brent Snavely
Shareholders who lost money as stockholders of Lason Inc. will divide the proceeds of $12.68 million obtained through a settlement reached March 31.
Three insurance companies that provided directors and officers...
Week in Review.(Review)(local briefs)
May 19, 2003... Mayor denies allegations
The Michigan State Police will lead an investigation into allegations of misconduct at Detroit's Manoogian Mansion. Mayor Kwame Kilpatrick denied allegations that he and members of his security team attended a wild...
Rumblings.(local briefs)
May 19, 2003... Visteon shuffles workers as it readies for big HQ move
Even as Visteon Corp. prepares for its move into its new headquarters under construction in Van Buren Township, it is making other real estate deals.
Visteon, which has employees...
Process for minority certification simplified.(Small Business)(Michigan Minority Business Development Council)
May 19, 2003... Byline: Laura Bailey
The Michigan Minority Business Development Council had a problem: Its application process was so confusing that the majority of applications were on hold waiting for corrections.
That meant that council staffers...
Making a change.(Small Business)
May 19, 2003... * If clients or customers are having consistent problems with some part of your organization, chances are it's your fault. Identify the problem.
* Don't assume the problem can be solved by "tinkering.'' Be prepared to revamp or start over....
This just in.(local briefs)
May 19, 2003... Karmanos institute seeks to buy DMC Cancer Hospital
The president and CEO of the Barbara Ann Karmanos Cancer Institute, John Ruckdeschel, said late last week that the nonprofit institute hopes to purchase The Detroit Medical Center Cancer...
Jackson gets it prey with CMS move.(Consumers Energy Co. and CMS Energy Corp.)(Brief Article)
May 19, 2003... Byline: amy lane
The city of Jackson worked hard to keep Consumers Energy Co.'s headquarters, and it got Dearborn-based CMS Energy Corp. in the bargain.
The city's $30 million package of commitments, originally part of efforts to...
State budget hits a bogey for Ryder Cup advertising.(News)
May 19, 2003... Byline: Amy Lane
Tight state revenue is crimping Michigan's ability to capitalize on a major promotional opportunity: the 2004 Ryder Cup.
Travel Michigan has little money to spend on advertising it otherwise would do for such an event....
Blanchard, McCarthy team for a joint venture on training.(Paula Blanchard and Patricia McCarthy)(Brief Article)
May 19, 2003... Veteran public-relations professionals Patricia McCarthy and Paula Blanchard have formed a joint venture to provide personalized training to executives and other leaders from offices in the Detroit and Lansing areas.
The venture, called...
MSX targets nonauto biz in hiring of new president.(names Robert Netolicka new president)(Brief Article)
May 19, 2003... Byline: Brent Snavely
Southfield-based MSX International Inc. said Thursday that it has hired Robert Netolicka as president and COO as part of the company's effort to strengthen management for nonautomotive contract-engineering and...
Comcast maneuvers to take advantage of local dominance.(company restructuring)
May 19, 2003... Byline: Jennette Smith
Comcast Corp. spent the past two years absorbing local cable competitors acquired during 2001.
Its chore now is to leverage its dominant reach to sell subscribers additional products and expand its local...
Technology Briefs.(Special Report)
May 19, 2003... Byline: Andrew Dietderich
6 Michigan companies get venture capital in 1st quarter
Six Michigan companies received a total of $20.5 million in venture capital during the first quarter, according to the most recent...
Bankruptcies.(Brief Article)
May 19, 2003... The following businesses filed for Chapter 7 or 11 protection in U.S. Bankruptcy Court in Detroit the week of May 5-9. Under Chapter 11, a company files a reorganization plan that the court must approve. Chapter 7 involves total liquidation....
Making access easier; Companies trying harder to get employees to use online health care sites.(Special Report)
May 19, 2003... Byline: Andrew Dietderich
Ford Motor Co. was limited by what it could do with its online health care offerings two years ago - and it showed, said Renee Turner-Bailey, manager of health care communications, quality and policy.
The...
People.(executive appointments in Michigan companies)
May 19, 2003... architecture
Michael Smith to project architect, Integrated Design Solutions, Troy, from project architect, Neumann/Smith & Associates, Southfield. Also, John Murphy to architectural designer from project architect, Neumann/Smith &...
Crain's seeks 40 Under 40.(seeks to award executives)(Brief Article)
May 19, 2003... Crain's Detroit Business is looking for successful executives for its annual 40 Under 40 feature.
This special report, to be published Sept. 29, will honor the best and brightest in Southeast Michigan who have made their marks in business...
The value of talking it over.(Compuware Corp. legal case with IBM Corp.)(Brief Article)
May 19, 2003... U.S. District Judge George Caram Steeh has the right idea. Steeh wants to see whether Compuware Corp. and IBM Corp. can settle their year-old legal dispute. He has ordered the CEO and chairman of each, Peter Karmanos for Compuware and Sam...
Coming Attractions.(Comcast Corp. advertising and services)(Brief Article)
May 19, 2003... Comcast Corp. is working to use its Detroit market dominance to roll out:
* Advertising targeted much more specifically than possible before
* More digital-cable services such as video on demand and personal video recording
* More...
Nominate Health Care Heroes.(News)(health care industry awards)(Brief Article)
May 26, 2003... Crain's Detroit Business is seeking nominations for Health Care Heroes, a special section honoring individuals and companies in the health care industry that will be published Aug. 25. Winners will be named in the following categories:
*...
One set of rules for gambling.(Opinion)(Michigan's gambling industry)(Brief Article)
May 26, 2003... Expanding Michigan's gambling menu is not a good idea in general. Bypassing the state's Gaming Control Board in supervising proposed video lottery machines at horse tracks is even worse.
A package of House bills would allow video lottery...
Kilpatrick & Associates teams with Jaffe, Raitt.(News)(law firms team up)(Brief Article)
May 26, 2003... Byline: Robert Ankeny
Detroit-based Jaffe, Raitt, Heuer & Weiss P.C. has a new partner: the minority-certified law firm Kilpatrick & Associates.
The eight-member Kilpatrick firm, with offices in Auburn Hills and Detroit, will be of...
Letters.
May 26, 2003... We are from Detroit. Period.
Editor:
In response to Mr. John Agno's letter in the May 12 issue (Letters: "No issue spurring regional thinking''), not only do I say I'm from Detroit, but I'll also name my neighborhood after the...
Briefly.(Briefs)(Campus Martius Park to open)
May 26, 2003... Groundbreaking is June 3 for Campus Martius Park
Formal groundbreaking for Campus Martius Park is scheduled for 10 a.m. June 3 at Woodward and Monroe avenues, but preparation of the 1.6-acre site has been under way for several months.
...
The possibilities.(News)(truck traffic delays on Ambassador Bridge)(Brief Article)
May 26, 2003... Three primary plans are being considered by the Canadian federal and provincial governments to alleviate truck traffic delays on the Ambassador Bridge:
* First, the Detroit River Tunnel Partnership proposes a $600 million project to...
Calendar.
May 26, 2003... Wednesday
may 28
Addiction to Opportunity. Sponsored by the Southeast Michigan chapter of the Risk Management Association and the Michigan Association of Certified Public Accountants. 11 a.m.-1:30 p.m. Speaker: Mary Kline-Cueter,...
Breed moving to Detroit area; New CEO also plans $200m in cost-cutting.(Breed Technologies Inc.'s overhaul of airbag and safety-restraint supplier)(Brief Article)
May 26, 2003... Byline: Robert Sherefkin
The new CEO of Breed Technologies Inc. has begun a dramatic overhaul of the struggling airbag and safety-restraint supplier, including a plan to move the company headquarters to metro Detroit from Florida.
...
`Best Places to Work' nominations sought.(News)(outstanding employers in Southeast Michigan )(Brief Article)
May 26, 2003... Crain's Detroit Business and IRI Consultants to Management are accepting nominations for the 2003 "Best Places to Work'' competition.
The program recognizes outstanding employers in Southeast Michigan and is based on measurable criteria...
Battle of the Banks; Competition stiff for loan officers, commercial lending and customers.(banks in Southeast Michigan are cautious)
May 26, 2003... Byline: Katie Merx
During most economic downturns, banks in Southeast Michigan retrench and get conservative with lending and with plans to open branches.
But this downturn is different.
The region's largest banks are competing...
Perks keep Fed-Mogul in HQ.(News)(Federal-Mogul Corp.'s $38 million deal)
May 26, 2003... Byline: Terry Kosdrosky, Jennette Smith
A slow real estate market and the right to break a lease helped Federal-Mogul Corp. reach a deal to save $38 million and stay at its headquarters.
Earlier this year, the company asked a U.S....
Borders poison-pill rule tightened.(News)(Borders Group Inc. fights future takeover)
May 26, 2003... Byline: Brent Snavely
Shareholders on Thursday approved a proposal at Borders Group Inc.'s annual meeting that requires the board of directors to obtain shareholder approval before it adopts a poison pill that would make a takeover by...
Junk-mail flood brings the good and bad.(Column)(direct mail problems)
May 26, 2003... Byline: KEITH CRAIN
Most of us get a lot of what is called junk mail. The direct-mail folks don't like that term. But if what I get in the mail every day ends up in the trash without even being opened, then I think it qualifies as "junk.''...
Last call for 40 Under 40.(News)(Brief Article)
May 26, 2003... Monday, June 2, is the deadline for nominations for the Crain's Detroit Business annual 40 Under 40 feature.
This special report, to be published Sept. 29, will honor the best and brightest in Southeast Michigan who have made their marks in...
Kinderstreet moves beyond baby steps; More financing sought as contracts grow.(News)(data-management software seeks contracts)
May 26, 2003... Byline: Laura Bailey
When Michigan elected a new governor, Kinderstreet Inc. CEO Donna Gent watched a potentially huge contract disappear.
Such a loss may have sunk a less determined company. But Ann Arbor-based Kinderstreet is in the...
Alcan Automotive to build $4M operation in Novi, add jobs.(News)(aluminum supplier to make body structures for North American market )
May 26, 2003... Byline: Terry Kosdrosky
Alcan Automotive's merger with Alusuisse is starting to take shape in North America with an investment in metro Detroit.
The aluminum supplier will begin making body structures for the North American market next...
Former execs put company in tough spot; Kickback indictment comes as a shock.(ThyssenKrupp Materials N.A. Inc. faces scrutiny)
May 26, 2003... Byline: Terry Kosdrosky
A company that built good will in Detroit through corporate citizenship now finds itself doing damage control after two former top executives, including its former CEO, were indicted on charges related to a $6.5...
Health insurance reform takes center stage.(News)(health insurance for small businesses in Michigan)
May 26, 2003... The balancing act over reforming health insurance for small businesses in Michigan is moving into the center ring.
On the Senate floor, drafts of a new small-group bill are on tap Tuesday. They are expected to include rate bands that would...
Collins & Aikman sheds costs, scrutinizes subpar operations.(News)(Collins & Aikman Corp. cutting employment and costs)
May 26, 2003... Byline: Rhoda Miel
Collins & Aikman Corp. is cutting employment and costs, changing management and considering closing some of the 12 plants blamed for a significant chunk of the interior-trim and convertible-top supplier's first-quarter...
Detroit can't afford Kilpatrick distraction.(Column)(new Compuware Corp. headquarters)
May 26, 2003... Byline: Mary Kramer
Thousands of new office workers will stream into downtown this year to work at the new Compuware Corp. headquarters. Borders Books & Music is in line to open a store in the building. Urban enthusiasts are leasing or...