Michigan Energy Package Could Produce Big Rate Increases
LANSING - Michigan residential customers would see rate increases of as much as 28 percent and commercial and industrial customers as much as 9 percent under the House package that restructures electric regulation and requires energy efficiency and renewables.
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Bill To Ban Cell Phone Use While Driving Under Review In Michigan House
LANSING - The Michigan House Transportation Committee began its review Thursday of legislation that would prohibit people from using their cell phone while driving, which would make using a cell phone a secondary offense.
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Stryker's Biotech Division Receives FDA Warning Letter
KALAMAZOO - Stryker Corporation said Tuesday that its Biotech division has received a warning letter from the U. S. Food and Drug Administration related to quality systems and compliance issues at its Hopkinton, Massachusetts location.
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Sprint Nears $12 Billion High Speed Wireless Deal With Clearwire
KIRKLAND, Wa. - Sprint Nextel Corp. and Clearwire Corp. are close to announcing a $12 billion joint venture that plans to roll out ultra fast wireless Internet access for cellphones and laptops in coming years, with the backing of an unlikely alliance of technology and cable companies.
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New Enterprise Forum Hosts Second Annual Battle Of The Elevator Pitch
ANN ARBOR - New Enterprise Forum will host is second annual Entrepreneurial Improv: The Battle of the Elevator Pitch, an offbeat, slightly outrageous event that highlights how successful entrepreneurs must think fast on their feet that takes place May 15, immediately following the Michigan Growth Capital Sympoisium.
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Hearings Set For Michigan Business Tax This Week
LANSING - Both Republicans and Democrats are taking steps to ensure that beneficiaries and losers under the new Michigan Business Tax appear before a series of hearings on the tax that are slated to begin this week.
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Michigan Residents Ready For New Federal Driver's License Requirements
LANSING - The Michigan Department of State is close to an agreement with the U.S. Department of Homeland Security that would make Michigan the fifth state authorized to issue enhanced driver's licenses that can be used for crossing the Canadian and Mexican borders. Poll results released Wednesday show Michigan residents are ready to accept the additional requirements and use the new cards.
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Michigan Chamber Opposes Fair Tax Proposal
LANSING - One of the state's biggest business organizations will oppose the Fair Tax, a proposal to eliminate most of Michigan's taxes and replace them with a higher sales tax, saying that it could represent a major tax shift to individuals and companies. The board of directors of the Michigan Chamber of Commerce voted overwhelmingly to oppose the tax proposal.
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Michigan Business Tax Collects $470 Million So Far
LANSING - Through Monday, Michigan businesses have paid an estimated $470 million so far in quarterly payments under the Michigan Business Tax, which one fiscal official said appears to be on target with revenue estimates.
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Insurance Industry Targets Personal Injury Protection Requrements
LANSING - The insurance industry is again leading a charge to reduce personal injury protection requirements under Michigan's no-fault laws. But unlike prior efforts that have died at the hands of both legislators and voters, the industry thinks this time it has the backing needed to move the issue into law.
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