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Gov. Snyder Announces Grants for Distressed Municipalities

Michigan Business Network
February 25, 2017 12:00 PM

More than $5 Million Awarded for Infrastructure and Public Safety Projects

LANSING, MI —  In recent days Gov. Rick Snyder announced a total of $5.1 million is being awarded to 11 municipalities through the Financially Distressed Cities, Villages and Townships (FDCVT) Grant Program..

Municipalities can participate in the FDCVT Grant Program if they are experiencing one or more conditions indicative of “probable financial stress,” as defined in the Local Financial Stability and Choice Act.

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Housing Permits Rise 11.7% in Michigan During 2016

Michigan Business Network
February 25, 2017 9:00 AM

Permits at highest level since 2006.  Home prices up 5.8 percent in 2016. Homebuilding industry officials concerned about trends hampering Michigan’s housing recovery

LANSING, MI —Final numbers from the U.S. Census Bureau show that a total of 15,176 permits were issued in Michigan for new home construction in 2016, which represents an increase of 11.7% over the total of 13,581 permits issued the previous year.  The 2016 year-end total represent the highest number of new home permits issued in Michigan during a calendar year since the pre-recession year of 2006 (16,538).  Though homebuilders are pleased with the double digit increase and the continuing modest recovery from the recession, the 2016 housing permit totals are some 1,700 lower than had been predicted at the start of the year by the Home Builders Association of Michigan (HBAM).

 

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Operation HOPE, Huntington Bank Bring Financial Entrepreneurship Training to YouthQuest

Michigan Business Network
February 24, 2017 7:00 PM

FLINT — There may soon be an increase in the number of young entrepreneurs who call Flint home, thanks to a partnership between Operation HOPE, Huntington Bank and the YouthQuest Afterschool Initiative.

 

Starting today, the organizations will begin piloting Banking On Our Future – the precursor to HOPE Business in a Box Academies youth entrepreneurship program – at YouthQuest, an afterschool program administered by the Flint & Genesee Chamber of Commerce. Banking On Our Future (BOOF) is a financial dignity program that covers budgeting, checking and savings, and investments, with the goal of empowering students to take control of their financial futures.
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The “Can you Hear me?” Phone Scam

Bottom Line IT
February 24, 2017 6:00 PM

Can you hear me now? The latest phone scam is tricking users into providing a “yes” answer which gets recorded and then used to authorize fraudulent charges.  Avoid being a victim of this scam by abandoning your inclination to be polite. Click here to learn more

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Yahoo Subject to SEC Probe Over Actions Following Data Breach

Bottom Line IT
February 24, 2017 5:00 PM

Yahoo comes under increasing pressure from the SEC and the U.S. Senate over failure to report data breaches in a timely manner.  The result of investigations and legislation are likely to tighten up requirements for businesses regarding reporting requirements. Click here to know more!

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Treasury: Tax Professionals Warned of New Scam to “Unlock” Their Tax Software Accounts

Michigan Business Network
February 24, 2017 4:00 PM

LANSING, MI —The Michigan Department of Treasury, Internal Revenue Service and the tax industry today warned tax professionals to be alert to a new phishing email scam impersonating software providers.

The scam email comes with the subject line, “Access Locked.” It tells recipients that access to their tax prep software accounts has been “suspended due to errors in your security details.” The scam email asks the tax professional to address the issue by using an “unlock” link provided in the email.

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Retired Sparrow Clinton Nurses pay homage to comrades with Nurse Honor Guard

Michigan Business Network
February 24, 2017 3:00 PM

ST. JOHNS, MI —  Six retired Nurses, most from Sparrow Clinton Hospital, are paying homage to Nurses who have dedicated their professional lives to delivering healthcare in Clinton County by forming an Honor Guard.

Dressed in full white attire with caps and capes, Maralyn Woodbury, LPN; Doris Jablowski, RN; Chris Leavitt, RN; Marge Minarik, RN;  Janet Pline, RN; and Denise Plowman, RN, attend the funerals of local Nurses, performing a short ceremony.

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Lessons of Small Business Food Success from a Jelly and Salsa Producer

Business Next
February 24, 2017 2:00 PM

Michael Rogers, communications officer for the Small Business Association of Michigan, talks with Kate Biskupski, owner of North of the Southern Border jellies and salsas.

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Michigan’s Growing Defense Manufacturing Sector

Michigan Business Beat
February 24, 2017 1:00 PM

Senator Peters recently joined the Senate Armed Services Committee, where he will have an opportunity to continue being an advocate for Michigan’s military installations and growing defense manufacturing sector.

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Michigan Looks to be a Leader in Autonomous Vehicle Technologies

Michigan Business Beat
February 24, 2017 12:00 PM

Chris Holman catches up with Michigan Senator Gary Peters about how Michigan can become a leader in the development and testing of autonomous vehicle technologies.

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