Fourteen months ago, Gov. Rick Snyder signed legislation eliminating the state personal property tax levied on business equipment. The move was heralded as welcome change by business owners who said the tax put them at a competitive disadvantage and inhibited job growth. However, local governments are worried about how they will replace the revenue that kept their vital services running. Now, a series of bills introduced this week in the Michigan Senate seeks to preserve that funding.
Along with gambling and big production stage shows, Las Vegas is known for fine dining. Everywhere you look, you’ll find a restaurant with a different theme, many of them run by celebrity chefs. Travelers from Michigan, though, might want to consider a more humble spot to grab a bite in Vegas.
After months of silence, one of the Lansing area’s biggest development projects is back in the news. Officials say they are hoping for groundbreaking by late Spring for the $125-million ‘Red Cedar Renaissance,' formerly the ‘Capital Gateway.'
Imagine you were an 18-year-old American student, and you went off to study at a university in China that taught economics, biology and all the other subjects in Chinese. Then imagine on top of that navigating the legal and cultural differences to start your own business. For most of us, it would be a daunting challenge to say the least, and more likely too difficult to even attempt. At Michigan State University, some Chinese international students are up to the challenge.
Start up companies between the Lansing and Flint metro areas have a new resource to help them get off the ground. Baker College in Owosso is the site of a new business incubator known as the “REV” Center.
Many Michigan businesses have voiced concern and disapproval of the federal Affordable Care Act. Twice before on Current State, we’ve explored the issue with one of the state’s key advocates for small business.
Rob Fowler is CEO of the Small Business Association of Michigan, based in Lansing. He returns with his thoughts on the health insurance exchanges that will soon to be unveiled. Fowler isn't sure that businesses will benefit from them.
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. Today, she discusses the Michigan Flyer-AirRide motorcoach service, Detroit’s finical issues and the loss of current Bank of America customer perks.
There’s movement in both Lansing and Washington D.C. toward what many call a “leveling of the playing field” regarding sales taxes. A pair of measures dubbed “The Main Street Fairness” bill is currently being debated in the Michigan House. The proposal would collect a 6% Michigan sales tax on purchases from out of state internet retailers at the point of sale. And on Monday, the U.S. Senate widely approved a measure that would empower states to do just that.
A huge crude oil field was discovered near Brooklyn, MI four years ago. Jackson County leads the state in oil production.
Credit Kevin Lavery / WKAR
Operations VP Tim Baker oversees West Bay Exploration's drilling in Jackson County. The company wants to build two deep wells in the area to bury wastewater brine that's pumped up with the oil and natural gas.
Credit Kevin Lavery / WKAR
Tanker trucks load brine, oil and natural gas at oil processing stations scattered across the county. As many as 40 trucks travel local roads every day, which has local residents concerned.
Credit Kevin Lavery / WKAR
Irish Hills resident John Bancroft looks out over the Raisin River. Last year, an empty brine truck overturned at this site, causing fears of a much more damaging spill in the future.
Michigan has made huge investments to develop alternative energy sources such as wind, solar and biomass. But like the rest of the country, Michigan is still a primarily fossil fuel-driven economy. Crude oil is big business in Michigan, especially in Jackson County. In 2012, more than 1.2 million barrels were produced there, which is three times more than any other county.
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. Today, she discuss the Detroit-style pizza and more.
Today on Current State: Newly elected State Representative Tom Leonard, Prima Civitas' "Young Innovators" competition, the Lansing-made Chevy Traverse at the Detroit Auto Show, and a classical music concert guide.
About 65 Michigan business and civic leaders are traveling to Turkey this weekend to sign a historic partnership. Members of the East Lansing-based Prima Civitas Foundation and the Lansing Economic Area Partnership, or LEAP, will meet with automotive parts makers and exporters in Istanbul. There, they’ll sign two “memorandums of understanding” that will facilitate trade alliances between Michigan and Turkey.
Ray DeWinkle is leading the Lansing area team. He’s the senior vice-president of global business development for LEAP.
De Winkle told WKAR’s Kevin Lavery the trip stems from a prior meeting with the head of a leading auto parts association in Turkey.
Michigan Democratic Senator Debbie Stabenow will introduce legislation she says will lure U.S. companies who’ve moved their operations overseas back home.
Stabenow visited Lansing Community College’s west campus to announce the “Bring Jobs Home Act.” The measure would end tax loopholes that encourage companies to leave the country, and offer a tax credit to cover 20 percent of their cost to resume operations in the U.S. Stabenow says the tax code needs to be modified to keep workers from paying for their own companies’ move.