Business

Business
12:51 pm
Mon July 14, 2014

From farm to cocktail: New Lansing distillery to source locally

Credit Flickr - cyclonebill

As Michigan-made brews are flowing from taps all over the state this summer, a game-changer in the micro-brewing business is underway right here in Lansing. American Fifth Spirits aims to offer a variety of micro-distilled liquor to the Lansing community, as well as a historical milestone: it’s Lansing’s first distillery ever.

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Business
1:14 pm
Thu July 3, 2014

Bigger fireworks, bigger safety concerns

American Eagle Super Store is one of the Midwest's largest fireworks retailers.
Kevin Lavery/WKAR

We’re celebrating Independence Day as a nation tomorrow, and that means fireworks. Michigan relaxed its fireworks sales law in 2012, so there are now more roadside stands and large retailers hawking their wares.

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Business
1:10 pm
Tue June 17, 2014

BWL Commissioner supports extension for GM Lark

Lansing Board of Water and Light General Manager and CEO J. Peter Lark
Credit Joe Linstroth/WKAR

The discussion over reforms to the Lansing Board of Water and Light has continued in recent days. One topic up for debate is whether or not to extend the contract of embattled General Manager J. Peter Lark. A BWL committee has recommended another year for Lark. However, some critics have repeated their view that Lark should leave after the utility’s botched response to last December’s widespread, storm-related power outages.

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Business
1:06 pm
Thu June 12, 2014

Social media helps Michigan entrepreneur land beer with Branson

Credit BeerwithBranson.com

We’ve all heard of 6 degrees of separation, the idea that everyone in the world is connected through links of acquaintances. Bugsy Sailor  believes that with social media, the degrees separating people are even smaller.

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Business
12:42 pm
Thu June 12, 2014

Michigan brewer part of mead "renaissance"

One of the offerings from the B. Nektar Meadery, Kill All the Golfers.
Credit Aaron Young/WKAR

Michigan is quietly carving out a place in the world of mead. Mead is an alcoholic beverage brewed from honey. Just like wine, it can be sweet or dry. It can be carbonated or still.

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Business
1:03 pm
Wed June 11, 2014

Picking apart the Silverdome

This forklift is one of the thousands of items being auctioned off at the Pontiac Silverdome.
Credit RJM Auctioneers

The Pontiac Silverdome hosted the Rolling Stones, Led Zeppelin, the Who, the Pope, Wrestlemania, a Super Bowl, and of course, the Detroit Pistons and the Detroit Lions. Largely unused since the Lions moved back to downtown Detroit, the Silverdome was sold in 2009 to the Triple Investment Group for about a half-million dollars. Now its assets are going up for auction.

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Business
12:50 pm
Wed June 11, 2014

Neighbors in Action: Hometown Housing Partnership

East Lansing based Hometown Housing Partnership attempts to lower the barriers to home-ownership.
Credit http://www.hometownhousing.org/

It’s Wednesday and time for our Neighbors in Action segment, where we feature people and organizations working to make our community a better place. Today we feature the Hometown Housing Partnership, an East Lansing based organization that promotes homeownership and offers financial assistance to homebuyers.

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Business
12:19 pm
Wed May 28, 2014

Volunteers enlisted to protect state from cybercrime

Lohrmann says that the need for an emergency response team was at the center of the Corps' creation.
Credit Flickr - marsmet tallahassee

Anyone who ever uses a computer gets hit now and then with e-mail spam or the occasional computer virus. Many are just minor hassles that try to derail our plans, but some do cause significant damage. Now imagine how often large companies and government agencies get hacked by those seeking to inflict harm. To address this, the state of Michigan is creating an all volunteer defense team, the Cyber Civilian Corps.

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Business
2:10 pm
Mon April 28, 2014

Fading down the back stretch: Michigan horse racing industry struggles to keep up

Mike Stommen of Hazel Park Raceway says you can come to the racetrack and study horses' past performances and 'make your own luck.'
WKAR/Kevin Lavery

Horse racing fans around the country are gearing up for the Kentucky Derby next Saturday. The storied run that kicks off the quest for the Triple Crown will bring thousands of people to Michigan’s three horse tracks. Many will place their bets as they watch the Derby via simulcast. They’ll also come to cheer on local horses and riders who come to the tracks to test their mettle.

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Business
12:40 pm
Mon April 21, 2014

BWL ice storm report delayed again

Louney attributes delays to a desire by the Community Review Team to dig deeper into the issue.
Credit Joe Linstroth/WKAR

There will been another delay in the release of the report reviewing the response of the Lansing Board of Water and Light to last December’s huge ice storm.

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Business
12:23 pm
Mon April 21, 2014

Entrepreneur rolls out green, three-wheeled delivery service

Yvonne LeFave says she decided to launch her business because she wanted to show people what's possible.
Credit Courtesy of Go Green Trikes

A new eco-friendly business will hit the ground peddling tomorrow. Go Green Trikes will employ electric-assisted bikes  to make deliveries in the greater Lansing area.

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Business
1:58 pm
Fri April 18, 2014

Saranac syrup-maker sticks to tradition

Last year, John Smith produced 361 gallons of maple syrup, compared to 250 gallons this year.
Credit Flickr - Wigwam Jones

As you drive west from Ionia, Michigan, you’ll come to the little town of Saranac. Its streets are lined with a bountiful number of large old maple trees. And this time of year, it’s not uncommon to see many of them with pails and spouts attached to collect sap for maple syrup.

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Business
1:00 pm
Tue April 8, 2014

Michigan peaches, wine grapes take hit in brutal winter

Mark Longstroth thinks the harsh Michigan winter will result in a 50 percent reduction in peaches.
Credit Flickr - nehavish

The sun may be shining and the snow may be melting, but the effects of this year’s harsh winter are still lingering. The ice and cold of the season damaged some of Michigan’s fruit trees.

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Business
11:39 am
Mon April 7, 2014

Business leaders update "Michigan Turnaround Plan"

Doug Rothwell, CEO of Business Leaders for Michigan, says Michigan has seen significant improvement in terms of a balanced budget and tax rates since 2009.
Credit businessleadersformichigan.com

An organization that includes many of Michigan’s top corporate leaders is making new recommendations on the way ahead for the state. “Business Leaders for Michigan” is a non-profit whose 90 or so members are among the top executives of the state’s most established businesses including General Motors, Dominos Pizza and Meijer.

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Business
1:51 pm
Tue April 1, 2014

Michigan social entrepreneurs seek profits and change

This year, Michigan Corps and the Michigan Economic Development Corporation are hosting their second competition for Michigan entrepreneurs.
Credit courtesy of michigancorps.org

Social entrepreneurship, where for-profit businesses seek to offer creative solutions to our society’s biggest needs, has become a rising trend across the country. Last year, Detroit was home to the nation’s first social entrepreneurship competition, which attracted more than $1-million in new investment for a diverse group of new businesses that focus on such issues as energy efficiency, affordable medical devices, and coffee roasting.

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Business
1:25 pm
Tue March 18, 2014

Michigan Legislature considers state stock exchange

For 70 years, until the mid 1970’s, Detroit had its own stock exchange. It’s credited with speeding the growth of General Motors and dozens of other Michigan companies.
Credit Flickr - Thomas Hawk

Mention the phrase 'stock exchange' to most people and they’ll likely visualize Wall Street, the home of the New York stock exchange, the world’s biggest. However, smaller, regional stock exchanges are nothing new. A proposal to allow local stock exchanges in Michigan was recently filed in the state legislature. The aim is to allow citizens to invest in small, promising Michigan companies that may not qualify for a larger exchange.

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Business
3:37 pm
Thu March 13, 2014

City finance expert: Lansing ballpark plan a step forward

Eric Scorsone thinks the development project at Cooley Law School stadium represents a manageable risk for the city of Lansing.
Credit Flickr - mwlguide

It’s hard to tell with all the new snow, but we’re three weeks away from  the “Crosstown Showdown” home opener between the Lansing Lugnuts and the MSU Spartans. Yesterday, Lugnuts owner Tom Dickson and city leaders announced plans for a $22-million development at Cooley Law School Stadium.

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Business
12:49 pm
Tue March 11, 2014

Michigan business group says state gains from higher ed reinvestment

According to Doug Rothwell, college education is needed now more than ever before, but it needs to be affordable.
Credit Flickr - Andrew Munro

After years of controversial cuts to higher education, Michigan has begun reinvesting in its colleges and universities. Last month, Governor Rick Snyder proposed a 6.1 percent spending hike for Michigan’s 15 state-funded colleges and universities. Higher education officials applauded the move, which would be contingent on universities limiting tuition increases.

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Business
12:56 pm
Mon February 25, 2013

Lansing business news with MLive's Angela Wittrock

MLive's Lansing beat reporter Angela Wittrock joins us every Monday for a rundown of the latest news about the local economy, business and development. This week, she discusses the Lansing metro area's real "GDP."

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Business
2:16 pm
Mon February 18, 2013

Lansing business news with MLive's Angela Wittrock

MLive's Lansing beat reporter Angela Wittrock joins us every Monday for a rundown of the latest news about the local economy, business and development.

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Business
11:55 am
Wed February 13, 2013

Business Leaders for Michigan outline priorities for 2013

Doug Rothwell, CEO of Business Leaders for Michigan, says transportation infrastructure is a priority for 2013.
Credit Courtesy of Business Leaders for Michigan

The organization Business Leaders for Michigan calls itself the state’s “business roundtable.”  It’s comprised of the top executives of Michigan’s largest corporations and universities. The organization develops strategy and advocates policy that its members believe can grow the state’s economy.  

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Business
1:37 pm
Tue February 12, 2013

Lansing officials move closer to selling Waverly Golf Course

About a year ago, Lansing voters approved a proposal to sell the 120-acre Waverly Golf Course, along with the  adjacent Michigan Avenue Park.  Last night, the Lansing City Council considered the next step -- a formal decision to sell the land.  Lansing City Councilman Brian Jeffries, who heads the council’s planning and development committee, and Lansing Township Supervisor Kathy Rodgers discuss what this means, along with the larger future involving all that park and green space on Lansing’s Westside.

Business
5:05 pm
Wed February 6, 2013

Stroh's Brewery closed its doors 25 years ago this week

The Stroh's Brewery in Detroit was a landmark until it was shuttered 25 years ago this week.
Credit Greg Kacir

This week in 1985, the Stroh Brewery Company announced that it would close its brewery on Detroit's East Side. Chairman Peter Stroh said the facility was obsolete, and it was demolished within a year.

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Business
4:20 pm
Tue February 5, 2013

Niowave pole barn draws neighbors' ire, attention to city planning process

Many Walnut Neighborhood residents argue that Niowave's pole barn, which was completed in early 2012, has caused a drop in property values.
Credit Mark Bashore/WKAR

Niowave, the high-tech, particle acceleration company here in Lansing, has been growing. Its success has been a benefit in many ways to the community – more jobs, greater tax revenue, more clout in the tech world for the city.

But the company’s growth has also led to some friction.

Early last year, Niowave built a large pole barn at its headquarters, which is a former school in Lansing’s Walnut Neighborhood.

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Business
4:19 pm
Tue February 5, 2013

Ingham County’s fight against mortgage fraud gets boost from settlement

There was some good news last week in Michigan involving the fight against mortgage  fraud.  On Thursday, officials announced the state will receive $2.5 million dollars -- that’s the settlement in a mortgage fraud lawsuit filed last year by State Attorney General Bill Schuette.  The legal action involved about 1,000 victims of robo-signing statewide, with nearly 300 of them from Ingham County.  

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NewsRoom
10:30 pm
Tue February 14, 2012

Employee “Sweethearting” Costing Business Billions

Clay Voorhees studied employees who give away goods and services.
MSU Broad College of Business

A surprising number of employees are giving away the store, according to new research from Michigan State University.  The study shows that nearly 70 per cent of workers admit to “sweethearting”.  That’s the practice of giving free goods and services to customers.  The cost to businesses is $80 billion a year.

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NewsRoom
7:38 pm
Mon February 13, 2012

Governor Snyder Says Michigan’s Rank Improving for Business

file photo WKAR

Governor Rick Snyder says Michigan’s national ranking for business climate is dramatically improved.

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NewsRoom
12:00 am
Thu January 19, 2012

Lansing Board of Water and Light weighs possible rate hikes

Steam bills would go up for Central United Methodist Church in Lansing under a Board of Water and Light proposal. Photo: Scott Pohl/WKAR

The Lansing Board of Water and Light will hold a public hearing tonight on rate hike proposals that would affect the utility's water and steam customers.

The Lansing Board of Water and Light public hearing begins at 5:30 p.m. in the utility's Haco Drive headquarters board room.

If approved, rates would go up 9%. Electricity rates would not be affected.

WKAR's Scott Pohl reports.

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NewsRoom
12:00 am
Thu January 12, 2012

Lansing-built Cadillac ATS unveiled at Detroit auto show

The Cadillac ATS will be built in Lansing. It will be available this summer, but it's on display at the North American International Auto Show in Detroit. Photo: Scott Pohl/WKAR

The North American International Auto Show in Detroit opens to the public on Saturday. Hundreds of thousands of people will attend the show at Cobo Hall to see prototypes and the new car and truck models.

Earlier this week, General Motors showed off the new Cadillac ATS to the media. The ATS will be built in Lansing. It's aimed squarely at the lucrative compact luxury car market.

Talking with a couple of Cadillac executives about the 2013 ATS coming out this summer, you get the feeling that they've been trained to stay on-message.

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Economic Evolution in the Great Lake State
10:52 am
Tue January 10, 2012

reWorking Michigan: Job Opportunities in Politics

Todd Cook of Main Street Strategies.
Scott Pohl WKAR

reWorking Michigan examines our evolving economy, as citizens of the Great Lake State explore new ways to make a living and build a future for their families.

2012 is a presidential election year, and campaigns are gearing up across the state. For people who are looking to change careers, or those who've lost their jobs and are hoping to resume getting a steady paycheck, politics could be an option this year. To find out what political employers are looking for, WKAR's Scott Pohl spoke with a couple of consultants about hiring trends in politics.

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