finance

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The U.S. Supreme Court last week came out with another controversial ruling on our nation’s campaign finance laws.

In the case McCutcheon versus the FEC, the Supreme Court struck down the limits on the overall amount of money an individual can give to all federal candidates and committees in a two-year election cycle.

Shiawassee County gets its first business incubator

Nov 18, 2013
Scott Pohl/WKAR

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.

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In January, the city of Lansing announced that the city had been awarded a $1.5 million Bloomberg Philanthropies grant to establish a Financial Empowerment Center. Lansing’s center opened yesterday.

The center is modeled after one in New York City. It will offer free, one-on-one financial counseling to low-income residents over the next three years.

Lansing police respond to budget cut pressure

Mar 21, 2013
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Police and firefighters in the city of Lansing are under pressure to make concessions to improve the city’s short and long-term budget woes.  Last week, a long-awaited report from the city’s blue ribbon “Financial Health Team” called for a million dollars to be cut from the police department’s budget.  

Discussing the issue is the President of the Lansing Fraternal Order of Police---the police officers and supervisors’ union---Tom Krug and from the city of Lansing, Chief Operating Officer and Director of Public Service, Chad Gamble.

WKAR File Photo

Governor Rick Snyder says the Detroit mayor and city council are operating under some tight deadlines if they want to avoid a state takeover. A formal state Treasury review of the city’s finances is underway. 

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