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Crain's Detroit Business
Tue, 26 May 2015 19:46:45 EDT
David Eggert Associated Press -  Lawmakers on Tuesday accelerated efforts to finish the state budget, giving initial approval to much of a $55 billion plan that pumps more money into roads, gives a modest funding boost to universities and community colleges, and closes a juvenile justice facility. In a span of hours, 14 of 17 House-Senate conference panels moved spending bills to the Republican-led Legislature for final passage next week, including one that diverts most of $25 million that would have gone to movie and TV
Tue, 26 May 2015 08:00:00 EDT
Many family businesses face special challenges above and beyond nonfamily businesses -- challenges regarding succession of management, transfer of ownership, a sense of entitlement, sibling tension, and role confusion, e.g., "Are you criticizing me as my boss -- or as my father?" All of these "extra" challenges can tend to weigh down and even sink family businesses over time. And even for those family businesses who remain in business, they often become less profitable as these challenges take
Tue, 26 May 2015 15:45:00 EDT
Jay Greene - Real estate developer Mickey Shapiro has given money to create the Sara and Asa Shapiro Heart and Vascular Intensive Care Unit at Beaumont Hospital in Royal Oak. In a statement, Shapiro, CEO of Farmington Hills-based M. Shapiro Real Estate Group, said he gave the donation to Beaumont to honor his parents, who were survivors of the Holocaust during World War II. They arrived in Detroit shortly after the war. “I’m doing it for them. This is really my parents’ story,”
Tue, 26 May 2015 03:01:00 EDT
Vision Specialists of Michigan blazes new trails to help patients with misaligned eyesight Jay Greene - For years as a child and into adulthood, Elli Altman suffered from a medical condition she and nobody else seemed to understand - misaligned eyes. Her teachers and mentors told her she was smart, but because she had problems with school studies and playing sports, they told her she was either lazy or unmotivated and would never succeed. “I wanted to learn - learn everything under the sun - but it seemed mysteriously out of reach for me,” said Altman of West Bloomfield. 
Tue, 26 May 2015 14:33:40 EDT
Associated Press - LANSING — Republican Gov. Rick Snyder's administration is backing off the assertion that the popular Pure Michigan tourism program would have to be cut as a result of the House Republicans' proposed plan to fund road repairs. Michigan Economic Development Corp. Director Steve Arwood testified Tuesday to the House Roads and Economic Development Committee in opposition to bills that would fund road repairs in part by using economic development funds currently funneled through the department.