Crain's Detroit Business articles from November 2006

Crain's Detroit Business archives from November 2006

Calendar.(Calendar)
November 6, 2006... Tuesday Nov. 7 GLEQ/Spark Business Accelerator: Entrepreneurs' Roundtable. 6-8 p.m. Ann Arbor IT Zone. Speakers: Christine Gibbons of Sensicore, Michael Long of Velcura, Luke Pinkerton of Polytorx and Maryann Andreach of Esperion....

In the spotlight.(People)(Christopher Crowley promoted as a president at Preferred Provider Organization of Michigan Inc)(Brief article)
November 6, 2006... Southfield-based PPOM, a preferred provider network and part of HMS Healthcare Inc., has promoted Christopher Crowley to president from COO. "Chris is not only well known, but well respected in the communities in which we do business,''...

Growth in specialty equipment still fast and furious.(News)
November 6, 2006... Byline: Brent Snavely Few segments of the automotive industry have experienced growth matching the automotive specialty equipment industry, and plenty of Detroit area companies are playing a role. Since 1995, manufacturer sales of...

Letters.(Letter to the editor)
November 6, 2006... SBT must be fully replaced Editor: Your story ("Consensus is elusive on retooling taxes,'' Oct. 16) demonstrates that Michigan's certified public accountants (CPAs) obviously "get it.'' Most CPAs, who know as much about taxes as...

Briefly.(Oakland Community College contracts with OCC Faculty Association )(Molecular Innovations Inc. started)(NSF International Inc. acquired Davis Fresh Technologies )
November 6, 2006... Oakland Community College OKs new faculty deal The Oakland Community College board of trustees approved a new, three-year contract with the OCC Faculty Association on Oct. 16. The pact, which covers 278 full-time teaching faculty...

Roberts' new office for equity firm looks at minority auto suppliers.(Roy Roberts)
November 6, 2006... Byline: Tom Henderson, Brent Snavely Roy Roberts, a former group vice president at General Motors Corp. and a managing director of Reliant Equity L.L.C., a Chicago-based private-equity firm that opened a Detroit office in the Penobscot...

Sleep debts; Disorders, stress, drive to get ahead all take a toll on executive rest.(Executive Life)
November 6, 2006... Byline: Marti Benedetti Since he was a young man, sleeping has been a chore for Dominic Silvio. The 62-year-old founder and president of Exhibit Works Inc. in Livonia fought hard not to fall asleep in the afternoon at work. But...

Tigers lose, but city wins; @@Byline: Jennette Smith.(Detroit Tigers, St. Louis Cardinals)
November 6, 2006... Byline: Jennette Smith Everybody I talk to feels a pang of disappointment about the Detroit Tigers' World Series loss to the St. Louis Cardinals. But they also feel great about how well the city appeared on the world stage... again. ...

People.(new appointments)
November 6, 2006... Architecture Michael Xenos to senior associate, TMP Associates, Bloomfield Hills, from associate. Also, Eric Geiser to vice president from principal. Bob Doyle to senior landscape architect, JJR, Ann Arbor, from vice president, Doyle...

Rumblings.(Linda Kelly of Operation Never Forgotten)(Detroit Renaissance Inc. and Detroit Economic Growth Corp. pledge cash for business development)(Detroit Tigers banners for sale)
November 6, 2006... Military outreach campaign moves to Michigan One woman's effort to raise awareness of military sacrifice is now based in Michigan and has a national advertising company behind it. Linda Kelly is the volunteer director of Operation Never...

Business Diary.(Applied Manufacturing Technologies Inc. contracts with Shafi Inc.)(Weingartz Supply Company Inc. contracts with InfoTronics Inc)(Awecomm Web Strategies contracts with Lombardo Homes and American Heartland Homes)
November 6, 2006... Contracts Applied Manufacturing Technologies Inc., Orion Township, has entered into an agreement with Shafi Inc., to provide engineering and software services and support for Shafi's Reliabot PC 3D vision software products. Weingartz...

The big squeeze; Imports, counterfeits put pressure on manufacturers.
November 6, 2006... Byline: Brent Snavely Competition from China is putting pressure on local aftermarket manufacturers despite increasing demand that is expected to push total industry sales to $204 billion this year. Executives from Visteon Corp.,...

PGA Championship sales strong.(Professional Golfers' Association)(Brief article)
November 6, 2006... Byline: Bill Shea Hospitality sales for the 2008 PGA Championship at Oakland Hills County Club in Bloomfield Township are on a record-setting pace. "We're ahead of all previous PGA Championships,'' said John Handley, the event's...

Jawood staffing firm opens India office to drive Asian growth.(Jawood Management Associates Inc.)
November 6, 2006... Byline: Anjali Fluker Jawood Management Associates Inc. is looking at Asia as the next information-technology superpower and earlier this year opened the firm's first satellite office in south India to secure its spot in that region. ...

MMBDC hosts award ceremony.(News)
November 6, 2006... Byline: Daniel Voros The Michigan Minority Business Development Council recognized last month several top-performing local minority-owned businesses as well as individuals, companies and organizations that develop, promote and include...

Bernard Financial broadens mortgage-servicing business.(News)
November 6, 2006... Byline: Jennette Smith Mortgage banking firm Bernard Financial Group is best known for helping real estate companies secure financing for acquisitions or new developments. Now, the company has added national loan-servicing capabilities for...

Local economy starving area restaurants.(Executive Life)
November 6, 2006... Byline: Brent Snavely Since early summer at least 12 restaurants - including several that had some of the area's most highly acclaimed cuisine - have closed across metro Detroit. The casualties include one of the area's most celebrated...

Lift systems give a boost to Serapid's revenue.(Focus)
November 6, 2006... Byline: Sheena Harrison Creating a lift system used in theaters, auditoriums and other performing venues has increased capacity for customers while helping to generate new revenue for Sterling Heights-based Serapid Inc. The company is...

Executone moves to new site, begins adding staff after buyout.(Executone Communications Inc.)(Brief article)
November 6, 2006... Byline: Tom Henderson Executone Communications Inc., which was bought out of bankruptcy last February, moved into a new location in Troy last month, and President Jeff Novick said the company has begun hiring new employees and will be...

Sum of the parts; Affinia's restructuring, new hires have firm poised for international growth.(Bruce Reau, Jeff Stauffer and Terry Shively)
November 6, 2006... Byline: Brent Snavely Two years after its birth as a company, Ann Arbor-based Affinia Group is about halfway through a painful restructuring plan and is poised for international growth, according to company executives and industry...

CEO credits history, social science for success - and gift.(Kenneth Eisenberg)
November 6, 2006... Byline: Sherri Begin Before he became chairman and CEO of Kenwal Steel Corp., Kenneth Eisenberg studied history as an undergraduate at the University of Michigan. That education, he says, helped prepare him to take over his father's...

Clicking your way to more restful Zzzs.(sleep disorder websites)(Website list)(Brief article)
November 6, 2006... Byline: Daniel Eizans This week's Executive Life section (Page 23) is about something very near and dear to my heart that I never seem to get enough of: sleep. So, when you're unable to sleep and need something to do at 3 a.m., try...

Detroit signal fades in radio rankings; City almost out of top 10 markets, but ad sellers say sales still strong.(News)
November 6, 2006... Byline: Bill Shea Detroit teeters on the edge of dropping out of the top-10 largest U.S. radio markets - it's been surpassed by Atlanta and has fallen to 10th in the latest measurements - but other forces keep the Motor City attractive to...

Acclaim for software boosts Proforma's revenue; Use to help Katrina victims helps get attention for product.(News)
November 6, 2006... Byline: Tom Henderson Southfield-based Proforma Corp. makes software that models and analyzes business processes, such as how a part might move through stages at an auto supplier, from the drawing board to the shipping dock. It shows where...

Detroit's Grandmont offers more style for the money; Detroit's Grandmont offers more style for the money.(Charles and Pat Edmonson buying house in Grandmont)
November 6, 2006... Byline: JoAnn Amicangelo Charles and Pat Edmonson began their search for a new home in 1977 in the suburbs and ended it in Detroit's Grandmont neighborhood. They thought the homes they'd seen in Southfield, Beverly Hills and Farmington...

Seeking American Dreamers.
November 6, 2006... In many ways, metro Detroit was built by the hopes and dreams of people from other countries. And, foreign-born entrepreneurs will be vital to the region's future. Crain's Detroit Business wants to tell their stories. We are seeking...

This Just In.(Belfor International GmbH's buyout)(DTE Energy Co.'s Stephen Ewing planning to retire)(Melange Bistro/Wine Bar to open in Ann Arbor)
November 6, 2006... Management buys majority of Belfor in $300M deal Management bought a majority stake for more than $300 million in Germany-based Belfor International GmbH, the world's largest insurance restoration company, and will move its headquarters to...

Program gives $50m to community loans.(Community Deposit Investment Program)(minimum wage regulation in Michigan)(St. Paul Community Development Corp. and Kreher Wire Processing Inc. financed from state)
November 6, 2006... Byline: Amy Lane A new state program aims to spur greater community lending and investment by injecting Michigan banks and credit unions with up to $50 million in additional capital. Under the Community Deposit Investment Program,...

Granholm leads in local fundraising; DeVos trails 2-to-1 in cash from region.(Jennifer Granholm, Dick DeVos)
November 6, 2006... Byline: Amy Lane Gov. Jennifer Granholm has out-fundraised Republican contender Dick DeVos by a ratio of more than 2-to-1 in Southeast Michigan, going into this week's election. Data researched and compiled for Crain's by nonpartisan...

Bankruptcies.(Brief article)
November 6, 2006... The following businesses filed for Chapter 11 protection in U.S. Bankruptcy Court in Detroit Oct. 27-Nov. 2. Under Chapter 11 protection, a company files a reorganization plan that the court must approve. Optimal Care Dialysis Inc., 18600...

Commercial vehicles to get new border-crossing fees.
November 6, 2006... Byline: Anjali Fluker Commercial vehicles traveling from Canada to the U.S. will soon have to pay agricultural-inspection fees to a division of the U.S. Department of Agriculture - whether or not they import agricultural products. The...

Week in Review.(Briefs)(acquisitions)
November 6, 2006... Luxottica buys D.O.C Optics for about $90M Italian company Luxottica Group S.p.A. has agreed to acquire Southfield-based D.O.C Optics Corp. for about $90 million, according to a company statement Thursday. The sale is expected to close...

Economist to discuss new Fed chairman.
November 6, 2006... Byline: Joanne Scharich "Outlook 2007: The Fed Under Bernanke,'' a discussion of how the financial markets may react to new Federal Reserve chairman Ben Bernanke, is the topic of Nov. 8's Ideas Before Dawn meeting. Carl Tannenbaum,...

DMC, WSU board members meet in dispute.(Detroit Medical Center Inc., Wayne State University)
November 6, 2006... Byline: Sheena Harrison, Michelle Martinez Board members from The Detroit Medical Center and Wayne State University met for the first time on Wednesday to discuss the almost complete breakdown in talks between the two institutions, but it's...

Air routes for future.(planning for air route between China and United States)(Brief article)(Column)
November 6, 2006... Michigan's business and political leadership has lined up behind Northwest Airlines' bid to offer a daily nonstop flight between Detroit and Shanghai, China. A decision by the U.S. Department of Transportation, which will select only one...

We really are in a single-state recession.(Michigan' economy)(Column)
November 6, 2006... Byline: KEITH CRAIN It would be pretty hard to blame the federal government for the malaise that exists within the Michigan economy. The minute you get out of Michigan, you realize that the U.S. economy is in very good shape. Whether...

Dura files Ch. 11, will be delisted.(Dura Automotive Systems Inc.)(Brief article)
November 6, 2006... Byline: Brent Snavely Dura Automotive Systems Inc. has filed for Chapter 11 bankruptcy protection in Delaware, according to a company statement Oct. 30. The filing only affects Dura's U.S. and Canadian operations. Rochester Hills-based...

HFHS to meet with potential vendors for $300M expansion.(News)
November 6, 2006... Byline: Andrew Dietderich Detroit-based Henry Ford Health System plans to hold a meeting Friday at 9 a.m. designed to provide contracting information on a planned $300 million expansion. Henry Ford Health System said it plans to...

Bahadur: I was trying to help a customer.(B.N. Bahadur accused by Delphi Corp. for accounting fraud)(Brief article)
November 6, 2006... As a well-known industry consultant, B.N. Bahadur is the guy automakers hire to clean up messes in the supply chain. But in the case of Troy-based Delphi Corp.'s accounting scandal, Bahadur was part of the mess. In its Oct. 30 civil...

Delphi: Tale of fear, fast money; GM warranty costs reverberate in federal fraud charges.(Delphi Corp. accused J.T. Battenberg III for accounting fraud, General Motors Corp.)
November 6, 2006... Byline: David Barkholz CRAIN NEWS SERVICE Barely 15 months after Delphi Corp. had been spun off from General Motors Corp., Delphi CEO J.T. Battenberg III faced a crisis that reverberates today in the government's accounting fraud case...

Stouffer's site for sale again.(Northland Inn acquired by Belmar Development Group L.L.C)(Brief article)
November 6, 2006... Byline: Anjali Fluker The site of the former Stouffer's Northland Inn in Southfield is back on the market after Detroit-based Belmar Development Group L.L.C. backed out of a proposed $25 million plan. Belmar President Dwight Belyue...

4 execs quit Saturn Electronics; Spurred by failed attempt to buy the company.(Orlando Bustos, Nick Najmolhoda, Michael Gidley and Jeff Reddy)
November 6, 2006... Byline: Robert Sherefkin As founder, chairman and CEO, Wallace Tsuha Jr. is used to getting his way at Auburn Hills-based automotive electronics supplier Saturn Electronics & Engineering Inc. Just ask the four senior executives who...

Less lobster, more pork; As party budgets get tighter, casual catering gets big boost.(Focus)
November 6, 2006... Byline: Jennette Smith With lean budgets as the operating mantra for many corporate parties, expect more pasta salad and pulled pork at the table. Catering professionals say casual fare and decor is an enduring trend for holiday...

Crain's makes staff changes to improve coverage.(Crain's Detroit Business appointed Roxanne Rives, Michelle Martinez and Shawn Selby)
November 6, 2006... Crain's Detroit Business has added a member to its Web staff and made other staff changes to improve and expand its print and Web coverage. * Roxanne Rives joins Crain's as a Web editor. In that position, she will write and assist in the...

Greektown Casino wants rezoning for lot improvement.(News)(Brief article)
November 6, 2006... Byline: Robert Ankeny Greektown Casino L.L.C. has applied for a rezoning classification of its one-time permanent casino site to improve a surface parking lot on the 7.1 acres at Gratiot Avenue and St. Antoine Street. The Detroit City...

Visteon to cut 900 salaried jobs after posting $177M loss.(News)
November 6, 2006... Byline: Brent Snavely Visteon Corp. said Tuesday that it plans to cut 900 salaried positions after production cuts by customers led to a loss of $177 million, which fell short of Wall Street expectations. Jim Fisher, Visteon's director...

Past the top of the ticket.(Opinion)
November 6, 2006... Tuesday's ballot is jammed with proposals and hot contests. But some races with the least coverage are those where the voice of business leadership should be heard. Specifically, we encourage readers to remember the underreported statewide...

Despite tough times, automakers still fuel campaigns.(Focus)
November 13, 2006... Byline: Sherri Begin Grants made by the domestic automakers and their foundations still play a major role in local nonprofit campaigns, in spite of the challenges they face. The contributions of two of the Big Three automakers...

The $73m pennant; Estimate: Team's value jumps from $292M to $365M.(Detroit Tigers)
November 13, 2006... Byline: Robert Ankeny The Detroit Tigers trip from worst to first - with 119 losses in 2003 to an American League pennant in 2006 - boosted the team's franchise value to an estimated $365 million, up more than 53 percent since a 2004...

Disciplined approach, volunteers are key.(Focus)
November 13, 2006... Byline: Sherri Begin Nonprofits that succeed in attracting new donors certainly have a good case for support. But they also have willing, well-connected volunteers and disciplined fundraising approaches. "We're having to hit the...

Shortage drives mini-boom in hotel plans for Novi, Wixom.(Kalabat Cos.)
November 13, 2006... Byline: Anjali Fluker Jamal Kalabat's plans to bring a hotel to Novi could shift to a different location than he originally proposed, but it's still expected to join a mini-boom in the southwest Oakland County community. Kalabat,...

ACCESS studies giving habits of Arab-Americans.(Arab Community Center for Economic and Social Services)
November 13, 2006... Byline: Sherri Begin The Arab Community Center for Economic and Social Services ended its $20.6 million campaign in June. But it's not done campaigning. The Dearborn-based nonprofit is reaching out to Arab-Americans and peer...

Briefly.(Resilience Capital Partners L.L.C. will be opening an office )(Telemus Capital Partners L.L.C. appointed Jim Robinson)(North American Council of the International Network of M&A Partners appointed Scott Eisenberg)
November 13, 2006... Resilience Capital to open Southeast Michigan office Resilience Capital Partners L.L.C, a Cleveland-based private-equity firm that focuses on distressed and underperforming companies, will open a Southeast Michigan office and look for...

Week in Review.(Jennifer Granholm will solve Detroit Medical Center Inc. and Wayne State University negotiations)(Lason Inc.'s Gary Monroe accused for false report to Securities and Exchange Commission)(Haden International Group Inc. filed for bankruptcy)
November 13, 2006... Granholm steps into DMC-WSU negotiation; mediator picked Gov. Jennifer Granholm has stepped into negotiations between The Detroit Medical Center board of trustees and the Wayne State University board of governors over physician...

New EPA rules may raise engineering fees.(News)
November 13, 2006... Byline: Anjali Fluker A U.S. Environmental Protection Agency mandate with more detailed guidelines for environmental assessment on potentially contaminated land likely will increase costs for prospective land owners - and could narrow the...

The power of one; Successful campaigns fuel themselves by recruiting new individual donors.(Focus)
November 13, 2006... Byline: Sherri Begin Southeast Michigan nonprofits collectively are attempting to raise more than $5.3 billion in one of Michigan's weakest economic climates. The successful drives and the ones that have the potential to be successful...

People.
November 13, 2006... Architecture Gino Del Pup to project architect, Ford & Earl Associates, Troy, from project architect, Wold Architects and Engineers, Troy. Dawn Lyman to director of marketing, TMP Associates, Bloomfield Hills, from marketing manager....

Chamber to offer Executive Orientation Program.(News)
November 13, 2006... Byline: Daniel Voros The Detroit Regional Chamber in February will introduce recently arrived executives to the area through its new Executive Orientation Program. The program will help familiarize senior-level executives who have...

A conversation with Mariam Noland, Community Foundation for Southeastern Michigan.(Focus)(Interview)
November 13, 2006... Byline: Sherri Begin Mariam Noland, president of the Community Foundation for Southeastern Michigan spoke with Crain's reporter Sherri Begin about the foundation's efforts to secure planned gifts from Southeast Michigan residents and...

Letters.(Letter to the editor)
November 13, 2006... University is truly diverse Editor: It was so interesting to read about my alma mater, the University of Detroit Mercy, in your Oct. 23 article "Circle of influence.'' The Irish Mafia is enhanced by the Polish Mafia, the Italian...

Taking care of employees takes care of business; Retention, training keep Unibar competitive.(News)
November 13, 2006... Byline: Sheena Harrison Keeping employees by keeping them happy has been a key part of Unibar Maintenance Services Inc.'s business strategy. Ann Arbor-based Unibar began in 1985 when founder Jerry Davis Jr. acquired Barfield Building...

It's time for leadership.(Brief article)(Column)
November 13, 2006... Last week's vote totals should give Gov. Jennifer Granholm confidence to lead in bold ways and exercise true executive power in her second term. As tempting as it may be to blame a Republican Legislature for Michigan's inability to deal...

Business Diary.(RedOrange USA contracts with LeVar Burton )(Applied Manufacturing Technologies Inc. contracts with Denso Robotics)(DesignHub Inc. contracts with McCreadie Group Inc.)
November 13, 2006... Contracts RedOrange USA, a Farmington Hills commercial production company, signed a contract to represent actor/director LeVar Burton in procuring directorial opportunities for television commercials, short films and other assignments. ...

Brandon: Loss part of overall trend.(David Brandon missed being re-elected as University of Michigan's Board of Regents)
November 13, 2006... Byline: Brent Snavely David Brandon, who lost his bid to be re-elected to the University of Michigan's Board of Regents, said he likely lost because of the wave of Democratic support that swept over the nation and the state on Tuesday. ...

ECD gets federal grant to develop hydrogen engines.(News)
November 13, 2006... Byline: Anjali Fluker Rochester Hills-based Energy Conversion Devices Inc. on Tuesday announced it received a U.S. Department of Energy contract to continue work on a $1.7 million project to develop small hydrogen-powered...

Blogs wrap up, sound off on election.(News)(Brief article)
November 13, 2006... Byline: Daniel Eizans For me, voting in this year's midterm elections was the most fulfilling Election Day I have ever experienced. In my opinion, some of the issues and votes that occurred on the national stage were of the utmost...

Awards honor best in philanthropy.(Joan and Wayne Webber, Betty Jean Awrey and Huel Perkins)
November 13, 2006... Six people, one foundation, one company and one club will be honored Nov. 16 at the Farmington-based Association of Fundraising Professionals' 15th annual National Philanthropy Day Dinner. The award winners are: Joan and Wayne Webber...

DTE Energy plans to sell $1B in assets.(News)
November 13, 2006... Byline: Amy Lane DTE Energy Co. on Tuesday announced a plan to sell some $1 billion in assets throughout its nonutility operations. Detroit-based DTE (NYSE: DTE) said its plans encompass business lines that include: * Four...

Biz leaders want quick action on SBT replacement.(single business taxes)
November 13, 2006... Byline: Amy Lane Gov. Jennifer Granholm has gotten a new four-year job contract and from the start, businesspeople want to see results. Executives say Granholm and the now-split Legislature need to act swiftly and decisively to enact a...

Report: Gap between revenue, spending growing.(managing state budgets)
November 13, 2006... Byline: Amy Lane As Michigan's newly elected Legislature and governor prepare to start a new term, there's a sobering new assessment of the state's budget condition. The nonpartisan Citizens Research Council of Michigan has charted a...

Bizdom U. set to teach next gen of startups.
November 13, 2006... Byline: Sheena Harrison Dan Gilbert believes entrepreneurism is a profession best taught by entrepreneurs - people who have experienced the successes and failures of growing their own companies. In fact Gilbert, chairman and founder of...

Bankruptcies.(PCSI Management Life L.L.C and JV Masonry Inc.'s reorganization)(Brief article)
November 13, 2006... The following businesses filed for Chapter 7 protection in U.S. Bankruptcy Court in Detroit Nov. 3-9. Chapter 7 involves total liquidation. PCSI Management Life L.L.C., dba PVA Earth Works, 35980 Industrial Drive, Livonia, voluntary...

And why did I think it was all over?(political campaigns)(Column)
November 13, 2006... Byline: KEITH CRAIN I had this great feeling of relief last week when the elections were over. It really didn't matter what the results were, although obviously they were a real eye-opener. The good news was the political ads and speeches...

In the spotlight.(Credit Union ONE appointed Gary Moody )(Brief article)
November 13, 2006... Credit Union One, one of the largest credit unions in the state with $750 million in assets and more than 115,000 members, has named Gary Moody president and CEO. He will replace Armando Cavazos, who had been on a leave of absence and retired...

Charting the course.(Jennifer Granholm's management)(Discussion)
November 13, 2006... The governor's top priorities should include education, dealing with (business taxes), and immediately delivering small successes that we can all celebrate. It would be great if affordable health care could be a first success. Initial...

Calendar.
November 13, 2006... Tuesday Nov. 14 Auto Show Preview. 7:30 a.m. Howell Area Chamber of Commerce. Rod Alberts, executive director of the North American International Auto Show and the Detroit Auto Dealers Association. Genoa Woods Conference Center,...

TCF Bank Michigan to sell 10 branches to Independent Bank.(Independent Bank Corp. (Rockland, Massachusetts))(Brief article)
November 13, 2006... Byline: Tom Henderson Ann Arbor-based TCF Bank Michigan, a subsidiary of Minnesota-based TCF Financial Corp. (NYSE: TCB), announced an agreement Monday to sell 10 outstate branches to Ionia-based Independent Bank Corp. (Nasdaq: IBCP). ...

Measure for Measure, MEDC does well.(Michigan Economic Development Corp.)(Column)
November 13, 2006... Byline: Mary Kramer At halftime during the University of Michigan-Ball State football game Nov. 4, a guest conductor ascended a ladder on the field to take the marching band where no marching band had gone before. Patrick Stewart,...

Cerenis to get $53.5M in VC; Biotech firm's deal is largest in state history.(Cerenis Therapeutics Inc.)
November 13, 2006... Byline: Tom Henderson Ann Arbor-based biotech company Cerenis Therapeutics Inc. will announce today at the American Heart Association's scientific conference in Chicago that it has agreed to terms on what is probably the largest...

3Q a good one for local firms, if you ignore auto industry.(News)
November 13, 2006... Byline: Tom Henderson Local financial analyst David Sowerby said a compelling case can be made for a successful quarter for local public companies - if you disregard the automotive industry. "I would look (nationally) at the third...

Seeking American Dreamers.(News)
November 13, 2006... In many ways, metro Detroit was built by the hopes and dreams of people from other countries. And foreign-born entrepreneurs will be vital to the region's future. Crain's Detroit Business wants to tell their stories. We are seeking...

Study: Bus or commuter rail best for Detroit-Ann Arbor link.(News)
November 13, 2006... Byline: Bill Shea A new consultant's report said ridership and costs don't justify a light-rail line between Detroit and Ann Arbor, but the corridor could consider a less expensive bus line or commuter rail on an existing track. The...

Prop 2 fallout: Retooling, gearing up to challenge; Detroit works to change programs.(News)
November 13, 2006... Byline: Robert Ankeny As some lawyers head to court trying to nullify the effects of Proposal 2 prohibitions against race or gender preferences in hiring, contracting and university admissions, other area lawyers and leaders say they'll...

Biz hopes long-serving Dems can help state.(John D. Dingell, John Conyers)
November 13, 2006... Byline: Brent Snavely While some local business leaders are concerned about the Democrats' broader business agenda, they are optimistic that business issues affecting Michigan will get more attention in Washington as the state's...