Crain's Detroit Business articles from October 2006

Crain's Detroit Business archives from October 2006

When death comes to work.(co-workers role in helping persons in grief)(Brief article)
October 2, 2006... Byline: Marti Benedetti When someone has suffered the loss of a family member or someone else close, their co-workers have an important role in helping them move through their grief, said Andrew Wolfelt, author of Healing Grief at Work and...

Dura sells German Kohler unit.(Dura Automotive Systems Inc. sells Dura Automotive Systems Kohler GmbH to Hannover Finanz Group)(Brief article)
October 2, 2006... Byline: Brent Snavely Rochester Hills-based Dura Automotive Systems Inc. has sold Dura Automotive Systems Kohler GmbH to an entity controlled by Lippstadt, Germany-based Hannover Finanz Group for an undisclosed price. Dura Kohler...

Take us out to the ballgame.(economic impact of Detroit Tigers playing every home playoff game on Detroit, Michigan)(Brief article)
October 2, 2006... By the time you read this edition, we'll know if the Detroit Tigers are entering the post season as the American League Central Division winner or as a wild card team. Either way, the team is a winner. And so is Detroit. Detroit has waited...

World Series run could bring $71.1M boost.(economic impact of Detroit Tigers playing games)(Brief article)
October 2, 2006... Byline: Bill Shea Detroit could get a $71.1 million economic booster shot if the Detroit Tigers play every potential home playoff game. That's according to a report issued Thursday by the Anderson Economic Group, a private economic...

Penske keeps his promise to Detroit.(Roger Penske, Indy Racing League returns)(Column)
October 2, 2006... Byline: CHRISTOPHER CRAIN At Crain's Newsmaker of the Year award lunch in February, this year's honoree pledged that his support for Detroit would not end with the Super Bowl. He has kept his promise. Roger Penske announced that...

ITC to offer stock to help pay for $867M acquisition.(News)
October 2, 2006... Byline: Amy Lane Novi-based ITC Holdings Corp. on Sept. 25 announced a public offering of nearly 6.7 million new shares of common stock to help finance its $867 million acquisition of Michigan Electric Transmission Co. L.L.C. ITC,...

Bankruptcies.(Public notice)
October 2, 2006... The following businesses filed for Chapter 7 protection in U.S. Bankruptcy Court in Detroit Sept. 22-28. Chapter 7 involves total liquidation. Satellite Automotive Operations Ltd., 715 N. Lapeer Road, Oxford, voluntary Chapter 7. Assets...

Game plan; Firms have too few tickets, too many `friends'.(Detroit Tigers to play with Oakland Athletics )
October 2, 2006... Byline: Tom Henderson, Bill Shea "Tiger fever'' is not a feline strain of Asian flu, but it is an affliction that could manifest itself this week in Detroit. By now, the Detroit Tigers know when and where they're playing in the...

Gallagher acquires Rains Group.(Arthur J. Gallagher and Co.)(Brief article)
October 2, 2006... Byline: Tom Henderson The Rains Group Inc., an employee-benefits broker and consultant based in Bingham Farms, has been bought by Itasca, Ill.-based Arthur J. Gallagher & Co. (NYSE: AJG), the world's fourth-largest insurance broker, and...

Rumblings.(Post Bar restaurant chain owners divest ownership to Mike McInerney)(Credit Acceptance Corp. reward its shareholders )
October 2, 2006... Owners change on 5 Post Bar locations Five Post Bar locations have reportedly changed hands, after having been bought by current and former co-owners. Steve and Jennifer Wheeler - whose father, Pat, founded the bar in Detroit in 1978 -...

Oakland trip to woo medical firms starts to show results.(medical-device makers industry forecast in Oakland County)
October 2, 2006... Byline: Anjali Fluker, Michelle Martinez Oakland County economic-development officials and William Beaumont Hospitals are starting to get inquiries from a joint effort at wooing medical-device makers to the county. The county and...

Bless you, blogs - keeping tabs on the Tigers.(Detroit Tigers, web sites for baseball fans)(Brief article)
October 2, 2006... Byline: Daniel Eizans I'm comfortable admitting I haven't always been a fan of Major League Baseball, but I've always liked the Detroit Tigers. The past four seasons, thanks to fantasy baseball, I've followed them tirelessly, through some...

Grand Prix return revs tourism push; Events drive momentum.(Detroit Belle Isle Grand Prix racing, Indy Racing League contract)
October 2, 2006... Byline: Brent Snavely As news leaked out Thursday that the Grand Prix would be returning to Detroit, six cruise ship representatives were meeting with the Detroit Metro Convention & Visitors Bureau to showcase Detroit as a potential port...

Detroit's party; Residents open homes to show off living in the city.(Crain's Detroit House Party)
October 2, 2006... Byline: Michelle Martinez, Tom Henderson Touring Pam Rodgers' Shorepointe Village home was a light-bulb moment for Timothy and Kristine Jahn. "I've never seen anything (new) in Detroit,'' Timothy Jahn said. "I'm really surprised,'' he...

Survey: 73% say they've considered moving to Detroit.
October 2, 2006... Byline: Sherri Begin Nearly three-quarters of the people who responded to an online survey last month from Model D and the United Way for Southeastern Michigan have considered moving into the city of Detroit. Model D, an electronic...

Delphi loss narrows in August minus buyout charges.(News)
October 2, 2006... Byline: Crain News Service Delphi Corp. narrowed its loss in August compared with July when excluding special charges for the cost of the company's early retirement and buyout program. The auto supplier posted a net loss of $161...

Chamber backs reforms on petitions.(Michigan Chamber of Commerce calls for reforms in requirements for amending state constitution or law through signature-gathering.)(Senate Bills allow health insurers to offer wellness coverage, incentives and rebates to employers.)(Michigan Economic Development Corp. seeking bids for an electronic-marketing campaign to promote Michigan.)
October 2, 2006... Byline: Amy Lane With battles still fresh over this year's ballot-proposal campaigns, the Michigan Chamber of Commerce is calling for reforms that would place new requirements on those who try to amend state constitution or law through...

Detroit residents showed off the city.(Column)
October 2, 2006... Byline: Mary Kramer How do you "change the conversation'' about Detroit? My hat is off to the more than 30 home owners who did just that by opening their dwellings to strangers last Thursday night for the first-ever Crain's House...

U.S. Steel's good work should be encouraged.(United States Steel Corp)(Brief article)
October 2, 2006... Is U.S. Steel Corp. a hero or a villain? The Pittsburgh-based company acquired the bankrupt Great Lakes Steel complex in Ecorse and River Rouge in 2003. In two years, it has spent or announced nearly $100 million in improvements,...

Execs put pen to paper for project; Letter campaign hopes to bring in big retailer.(Shoppes at Gateway Park)(Roger Penske)(Jennifer Granholm )(Matthew Cullen)
October 2, 2006... Byline: Sheena Harrison A number of high-profile community leaders are lending their support in an effort to help attract an anchor tenant for The Shoppes at Gateway Park in Detroit, a proposed 325,000-square-foot retail center near the...

Branching out; Comerica close to bringing in majority of revenue from outside Midwest.(Focus)(Company overview)
October 2, 2006... Byline: Tom Henderson Comerica Inc., which traces its roots in Detroit back to 1849 and is the largest bank holding company based in Michigan, is on the verge of deriving a majority of its revenue and net income from outside the Midwest....

This Just In.(REDICO leases part of residential building to Trott and Trott P.C.)(Wayne State University and Detroit Medical Center, negotiations)(Grant Thornton L.L.P. plans to acquire Stout Risius Ross Inc.)
October 2, 2006... Redico buys former Compuware HQ Redico L.L.C. was in the process of closing Friday on the purchase of the former Compuware Corp. headquarters in Farmington Hills. Redico plans to lease a large portion of the building at 31440...

Novi Expo Center dispute heading to arbitration.(Novi Expo Center Inc.)(Adell Bros. Children's Trust)
October 2, 2006... Byline: Anjali Fluker The first hearing has been scheduled in an ongoing legal battle between the owner and tenant of the Novi Expo Center. Private arbitration will begin in early November to resolve the latest scuffle between the...

Up from the ashes; New investment, recovering steel industry buoy Great Lakes Works, but union, community disputes still loom.(United States Steel Corp.)
October 2, 2006... Byline: Brent Snavely Since taking over Great Lakes Works three years ago, U.S. Steel Corp. has breathed life into a steel plant that was slowly dying under the strained finances of its previous owner by increasing production and investing...

Prentice pulls plug on Etouffee.(Matt Prentice Restaurant Group)(Brief article)
October 2, 2006... Byline: Brent Snavely Matt Prentice Restaurant Group has bowed out of managing Etouffee, effective Sept. 17, just shy of its one-year anniversary. Etouffee was in the Star Southfield movie theater on 12 Mile Road. The now-closed...

Mourning after; Co-workers learn to cope when a colleague dies.(Executive Life)
October 2, 2006... Byline: Marti Benedetti Ral estate salesman Larry Horn won't soon be forgotten by his co-workers at the Keller Williams West Bloomfield Market Center. His former colleagues there helped organize and contributed to a college fund for...

Joseph Berry Estates.(Company overview)(Brief article)
October 2, 2006... Byline: JoAnn Amicangelo Boundaries: North of the Detroit River, south of Jefferson, west of the west side of Parkview and east of Fiske. History: Originally owned by the Jacques Campau family and later the Robert Beaubien family. In...

Kenwal Steel ramps up operations in South.(Kenwal Steel Corp. )
October 2, 2006... Byline: Brent Snavely Dearborn-based steel processor Kenwal Steel Corp. is another company in the local steel industry that is on the move. Since August, Kenwal has announced plans to build two new steel processing centers in the...

Finance Briefs.(Greenleaf Trust to open an office in the Bloomfield Hills-Birmingham area.)(Public Accounting Report ranks accounting firms.)(Flagstar Bank F.S.B. is expanding its commercial real estate lending operations.)
October 2, 2006... Deadline is Nov. 17 to apply for 21st Century Fund The state of Michigan has announced a deadline of Nov. 17 for requests from venture-capital and private-equity companies for funding from the $109 million 21st Century Investment Fund. ...

Briefly.(Adams Outdoor Advertising Inc. is merging some of its Michigan operations into a single building.)(Affinia Group Inc. plans to close its WIX Filtration manufacturing plant in Cambridge, Ontario.)(Ductz International L.L.C. plans to open a training center in Waco, Texas.)
October 2, 2006... Mitt Romney to address chamber conference Nov. 9 Massachusetts Gov. Mitt Romney is scheduled to speak about small-business health care issues during the Detroit Regional Chamber's Small Business Conference on Nov. 9. About 1,200...

Food with a side of artwork.(Cass Cafe)(Chuck Roy)
October 2, 2006... Byline: Marti Benedetti Twenty years ago, Chuck Roy spotted a vacant wheelchair storage facility on a modest block of Cass Avenue not far from his house in the Wayne State University neighborhood. "I thought I would turn it into an art...

Alternative fuels take center stage at symposium, new center at MCC.(Macomb Community College)(Center for Alternative Fuels )
October 2, 2006... Byline: Anjali Fluker As alternative fuels continue to gain traction in the automotive world, Macomb Community College is working on educating and training its current and future workforce. MCC, which last month introduced a new Center...

Visteon investors lose faith that company can find buyer for assets.(Visteon Corp.)
October 2, 2006... Byline: Shannon Harrington Visteon Corp. investors are losing confidence the second-largest U.S. auto-parts maker will find a buyer for some of its assets as earnings decline, according to traders who bet on the creditworthiness of...

Breadth of disease prompts donation.(Karmanos Cancer Institute )(Brief article)
October 2, 2006... Byline: Sherri Begin There was no specific connection with cancer that sparked Charles Becker's recent $5 million gift to the Karmanos Cancer Institute in Detroit. He didn't lose a family member or close friend to the disease. But...

Oakland County women likely key to election.(Detroit Red Wings appoints Steve Yzerman)(George W. Bush and White House appoints Yousif Ghafari to launch U.S.-Lebanon Partnership Fund)(gubernatorial elections forecast)
October 2, 2006... Oakland County women likely key to election College-educated women between the ages of 40 and 50 in Oakland County and the rest of Southeast Michigan will decide Michigan's gubernatorial race, said Ed Sarpolus, vice president of polling...

Corrections.(Correction)
October 2, 2006... * The photographer's credit was omitted from the 40 Under 40 feature in the Sept. 25 issue. The photos were taken by Glenn Triest. * An editorial on Page 8 of the Sept. 25 issue should have said that the Engineering Society of Detroit was a...

Heller hopes size, technology lead to growth in U.S.(Heller Machine Tools)
October 2, 2006... Byline: Brent Snavely Heller Machine Tools L.P. hopes to turn consolidation in the machine-tool industry into an opportunity by positioning itself as a viable alternative to larger competitors, such as Sterling Heights-based MAG Industrial...

Finding a permanent port; While searching for a boat, couple found the perfect home.(Linda Zaber )(Bob Zaber )
October 2, 2006... Byline: JoAnn Amicangelo On their way to buy a boat, Bob and Linda Zaber bought a house. It was 1986, and they were on their way from their apartment in Livonia to Sindbad's for lunch before heading out to St. Clair Shores-based...

Letters.(Letter to the editor)
October 2, 2006... Mudslinging par for the course Editor: Keith Crain's commentary on political mudslinging ("There is still plenty of time - and mud,'' Sept. 11) seemed to infer that there is something good and honorable about being a politician. Let's...

A conversation with Steve Hagar, president, Michigan Mortgage Brokers Association.(Northwood Financial Services Inc.)(Interview)
October 2, 2006... Byline: Tom Henderson The housing bust seems to have hit. "For sale'' signs are everywhere, foreclosures are up, and auction signs are no longer a curiosity. Steve Hagar, president of the Michigan Mortgage Brokers Association and president...

Vicari adds some steak to his Italian offerings.(Joe Vicari of Andiamo Restaurant Group, Mesquite Creek Steakhouse)
October 2, 2006... Byline: Brent Snavely Joe Vicari has entered the steakhouse business. Vicari, CEO of Warren-based Andiamo Restaurant Group, is buying the assets of Mesquite Creek Steakhouse, located off Interstate 75 near Clarkston, and plans to spend...

Granholm & DeVos the business agenda: part 2 of 2.(Jennifer Granholm and Dick DeVos interviewed)(Interview)
October 9, 2006... The Detroit dimension Both of you have talked a lot about the importance of a revitalized Detroit to the region and to the state. What steps would you take to do this? Granholm: The single most important thing that we can do is to have...

Proposal 4: Eminent domain - Con: Owners are already protected.(Focus)
October 9, 2006... Byline: James Lancaster The amendment would prohibit government from taking private property for transfer to another private individual or business for purposes of economic development or increasing tax revenue. Provides that if an...

Granholm & DeVos the business agenda: part 1 of 2.(Jennifer Granholm and Dick DeVos)(Interview)(Excerpt)
October 9, 2006... Which gubernatorial candidate should business support? In excerpts from separate interviews with Crain's Detroit Business, Gov. Jennifer Granholm and challenger Dick DeVos say how they plan to address the economy, taxes and other key business...

Briefly.(Strength Capital Partners L.L.C. acquired Postle Distributors Inc.)(Daniel Foley and Allison Bailey awarded by American Society of Employers)
October 9, 2006... Strength Capital plans $102.5M acquisition of parts maker Strength Capital Partners L.L.C. today plans to announce the $102.5 million acquisition of an Indiana-based manufacturer of aluminum parts, Postle Distributors Inc. The deal is...

Prop 2 not likely to change many Detroit contracts, officials say.(Focus)
October 9, 2006... Byline: Robert Ankeny Passage of Proposal 2 - the Michigan Civil Rights Initiative - could undercut gains made by the state's minority businesses that work with colleges and universities, but might have little effect on the city of...

Developers, leaders honored with award.(Real Estate Excellence Awards to Peter Allen, Andrew Farbman, Neil Sosin and Vincent Murray)
October 9, 2006... Byline: Jennette Smith Major developers, a leader in nonprofit housing and the man who established the University of Michigan/Urban Land Institute Real Estate Forum 20 years ago are the winners of this year's Real Estate Excellence Awards....

Weighing proposals on the Nov. 7 ballot.(Column)
October 9, 2006... In general, we take amendments to the state constitution seriously. Once part of the constitution, it takes another costly referendum to change that critical document. Michigan voters elect lawmakers and the governor to set public policy,...

Downtown housing on tap at Ideas Before Dawn.(News)(Brief article)
October 9, 2006... Byline: Joanne Scharich Results of a new downtown residential housing market study commissioned by Detroit Renaissance Inc. will be presented at Wednesday's Ideas Before Dawn. Katherine Beebe, president of Katherine Beebe & Associates,...

In the spotlight.(Comcast Corp. appointed Dave Buhl )(Brief article)
October 9, 2006... Telecommunications provider Comcast Corp. has named Dave Buhl senior vice president for the Michigan region, headquartered in Southfield. Buhl, 49, had been Midwest division vice president of customer operations, where he oversaw customer...

Office landlords: Will rebuild to suit; Amid low occupancy, owners rework property.(News)
October 9, 2006... Byline: Anjali Fluker Developers and property owners in two of Southeast Michigan's largest office centers can't change a soft market. But they are looking at other ways to lower vacancies and boost business, including turning extra...

How the casinos score.(Focus)(Brief article)
October 9, 2006... Byline: Robert Ankeny Detroit's three casinos have development agreements with the city that require involvement of "targeted businesses'' - Detroit-based, minority or woman-owned business enterprises, or small business enterprises - as...

Bankruptcies.
October 9, 2006... The following businesses filed for Chapter 11 protection in U.S. Bankruptcy Court in Detroit Sept. 29-Oct. 5. Under Chapter 11, a company files a reorganization plan that the court must approve. Evening Light L.L.C., 6400 Sterling Drive N.,...

Reporter's Notebook; Business issues all over ballot.(Focus)
October 9, 2006... Byline: Amy Lane There's much at stake this November for business beyond the governor's race and ballot proposals. In Washington, a potential loss of Republican U.S. House control could mean new Michigan clout. U.S. Reps. John Dingell,...

Meet the 40 Under 40.(News)
October 9, 2006... Crain's will host a reception for this year's 40 Under 40 class at 5 p.m. Oct. 19 at Rock Financial Showplace in Novi. Tickets are $60. Sponsors include Bentley Troy, Honigman Miller Schwartz and Cohn L.L.P., LaSalle Bank ABN Amro, Microsoft,...

Proposal 4: Eminent domain - Pro: Protects property from government.(Focus)
October 9, 2006... Byline: Bill Nabers The amendment would prohibit government from taking private property for transfer to another private individual or business for purposes of economic development or increasing tax revenue. Provides that if an...

Regional stocks down, lag national trends in 3rd quarter.(News)(Southeast Michigan economy)
October 9, 2006... Byline: Tom Henderson The Southeast Michigan and national economies continued to go in opposite directions, based on stock prices for the quarter that ended Sept. 30. Seventy-nine area public companies lost an average of about 2...

Downtown housing supply needs boost, Rothwell says.(News)
October 9, 2006... Byline: Robert Ankeny Prompted by results of a recent study on downtown housing, Detroit Renaissance Inc. must move to raise more money for its Lower Woodward Housing Fund to support such projects, Renaissance President and CEO Doug...

Reporter's Notebook; CreateDetroit head leaving to start talent firm.(Eric Cedo )
October 9, 2006... Byline: Jennette Smith The names on the letterhead may change, but there is no shortage of people and groups working on changing perceptions about Detroit. Last week Eric Cedo said he would his leave his post as executive director of...

Debate deal: Of coins, coffee and 4x6 cards.(Jennifer Granholm's political campaigns)
October 9, 2006... Byline: Amy Lane A flip of a quarter will give Dick DeVos the first word, and Gov. Jennifer Granholm the final word in Tuesday's gubernatorial debate. Two days later, the same quarter dictates that Granholm will open a joint appearance...

Corrections.(Correction)
October 9, 2006... A story on Page 19 of the Sept. 25 edition about James Kamsickas, vice president of Lear Corp.'s North American operations, interior systems division, should have said that he received his bachelor's degree in business administration in 1989...

On the road to walkability; Transit, regional perceptions are the remaining hurdles for downtown Detroit, leaders say.(Focus)
October 9, 2006... Byline: Jennette Smith Detroiters can walk tall about progress made in recent years to make downtown more appealing to pedestrians. To keep feet moving, business leaders say Detroit needs to push mass transit, continue work on regional...

Proposal 5: K-16 funding - Pro: Crucial for economy.(Focus)(Educational Funding Guarantee)
October 9, 2006... Byline: Marshall Campbell The proposed law would increase current funding by approximately $565 million and require the state to provide annual funding increases equal to the rate of inflation for public schools, intermediate school...

Rumblings.(MyNetworkTV's ratings)(LaSalle Bank Midwest N.A for sale)(Jay Leno offered 2 tickets of his show to J. Peter Ministrelli)
October 9, 2006... Ch. 20 ratings down as new network debuts Optimism reigns at Detroit's affiliate of the new News Corp.-owned MyNetworkTV despite losing nearly half the prime-time audience it had as part of the WB network. "The numbers are a little...

Week In Review; From www.crainsdetroit.com, week of Sept. 30 - Oct. 6.(Beckman Coulter Inc. acquired Lumigen Inc)(General Motors Corp.,Regie Nationale des Usines Renault and Nissan Motor Company Ltd.'s negoatiations)(Omnicare Inc. and its subsidiary accused for medicaid fraud)
October 9, 2006... WSU spinoff bought for $185M by California firm Wayne State University's first spinoff, Southfield-based Lumigen Inc., has been bought by Fullerton, Calif.-based medical-device maker Beckman Coulter Inc. for $185 million cash, the companies...

Mail order, Internet tax effort brings in $7M.(Column)
October 9, 2006... Byline: Amy Lane A multistate effort to collect more sales taxes from Internet and mail-order companies has netted Michigan more than $7 million in the first year. While that's well shy of the $26 million revenue stream state...

Proposal 2: Affirmative Action - Pro: Rewards the best.(Focus)
October 9, 2006... Byline: Michael Smith This proposal would amend the state constitution to ban public institutions from using affirmative action programs that give preferential treatment to groups or individuals based on their race, gender, color,...

Proposal 2: Affirmative Action - Con: Would close doors for many.(Focus)
October 9, 2006... Byline: Paul Hillegonds This proposal would amend the state constitution to ban public institutions from using affirmative action programs that give preferential treatment to groups or individuals based on their race, gender, color,...

Employers push for study to expand People Mover.(News)
October 9, 2006... Byline: Sherri Begin A group of Woodward Corridor employers hopes to raise $200,000 to study a privately funded expansion of the People Mover to link the riverfront to the New Center. The expansion would extend the People Mover tracks...

Looking toward November: Election guide online.(News)(Brief article)
October 9, 2006... Byline: Daniel Eizans With October in full swing and November elections just around the corner, you've no doubt noticed the flurry of political advertising that has hit your mailbox and taken over the airwaves. We're here to help you...

Business Diary.(nonprofit associations)
October 9, 2006... CALL FOR NOMINATIONS Operation ABLE, a Detroit nonprofit that assists older workers, is accepting nominations for its "Ability is Ageless'' Awards until Oct. 13. The awards honor Michigan workers ages 50 and over, or with 25 years at a...

Letters.(Letter to the editor)
October 9, 2006... Uneven odds - illustrated Editor: Seeing is believing. After reading Anne Doyle's "Other Voices'' article "Affirmative action a step forward,'' (Sept. 25) I moved on to the Crain's 40 Under 40 for 2006 special section. (Sept. 25) ...

5 big issues you won't see on the ballot.(Focus)
October 9, 2006... When Michigan voters go to the polls Nov. 7, they will decide on five ballot issues. But there are five other issues at least as important to the state - and the state of business. Some have crept into the campaigns, and all will be issues the...

Proposal 5: K-16 funding - Con: Plan is irresponsible.(Focus)
October 9, 2006... Byline: Jim Barrett The proposed law would increase current funding by approximately $565 million and require the state to provide annual funding increases equal to the rate of inflation for public schools, intermediate school districts,...

Calendar.(Calendar)
October 9, 2006... Tuesday Oct. 10 Really Off the Record. 7:30 a.m. Howell Area Chamber of Commerce. Election preview with Tim Skubick, host of Michigan Public TV's "Off the Record'' and author of the forthcoming book See Dick and Jen Run for Governor....

Royal transformation; UMS reaches out to grow.(University Musical Society appointed Ken Fischer)
October 9, 2006... Byline: Sherri Begin When Ken Fischer was hired as president of the University Musical Society nearly 20 years ago, he thought getting "butts in seats'' was his main charge. He had spent 17 years in Washington as an association...

Gilbert hopes Fatheads are investment that sticks.(Dan Gilbert)
October 9, 2006... Byline: Andrew Dietderich Dan Gilbert's latest venture has nothing to do with online mortgage lending and just a little to do with the Cleveland Cavaliers, the National Basketball Association team he owns. That's because his newest...

People.(Elizabeth Correa appointed for banking centers)(American Community Mutual Insurance Co. appointed Ellen Downey )(Nemeth Burwell P.C. appointed Barbara Rohrer )
October 9, 2006... FINANCE Elizabeth Correa to first vice president and manager of banking centers, Southfield Northwest region, Comerica Bank, Bloomfield Hills, Birmingham, Ferndale, Franklin, Pleasant Ridge, Oak Park, Southfield, and Troy, from first vice...

This Just In.(Olympia Development L.L.C contracts with J.C. Beal Construction Co.)(First Mercury Financial Corp.'s initial public offerings)(Plymouth Venture Partners I L.L.C. appointed Mahendra Ramsinghani )
October 9, 2006... Ilitches hire J.C. Beal to manage redevelopment Olympia Development L.L.C. has hired Ann Arbor-headquartered J.C. Beal Construction Co. to lead redevelopment of Ilitch-owned properties in downtown Detroit. Olympia is the real estate...

Detroit DDA OKs takeover of three Harmonie Park buildings.(Downtown Development Authority )(Brief article)
October 9, 2006... Byline: Robert Ankeny Detroit's Downtown Development Authority on Wednesday approved taking control of three Harmonie Park buildings in foreclosure. Harmonie Studios, a live-work loft building at 1502 Randolph, and the Harmonie Pointe...

Seeking capital campaigns.(Focus)
October 9, 2006... Crain's is compiling a list of capital campaigns raising money for local nonprofits. The list is scheduled to appear in our Nov. 13 issue. If your organization belongs on the list, send an e-mail to Assistant Managing Editor Michael Lee at...

There is a lot to making a great city.(Detroit Tigers )(Column)
October 9, 2006... Byline: KEITH CRAIN By the time you read this, we are going to be either really happy about the Detroit Tigers or slightly unhappy with the realization that the Tigers have given us a great season with lots of excitement, but no World...

Long road home; Temporary shelters try to bridge the gap left by loss of Detroit services.(News)
October 9, 2006... Byline: Sherri Begin As 26-year-old Miranda fled Detroit and her abusive husband on a hot, still day this past July, she wondered if her van would make it to a Pontiac shelter. Miranda had packed up three garbage bags of clothes and...

1 Corrections: Large prison population drives costs.(Focus)(Brief article)
October 9, 2006... Issues surrounding crime and punishment are as complex as the famous Russian novel by that name. State officials face an increasingly difficult task to balance public safety with the cost of imprisoning felons. No area of the state budget...