Daily Dash - May 15, 2008

Daily Dash: Thursday

May 15, 2008

The Latest Business Headlines from WWJ Newsradio 950

Michigan Budget Woes | The state faces a deficit of at least $300 million next year and its economy will be weaker than expected. | Story

State Jobless Rate Fell | Michigan's seasonally adjusted unemployment rate declined in April to 6.9 percent, down from the March rate of 7.2 percent, the nation's highest. | Story

Lakes Legislation Advances | The Michigan Legislature has unanimously approved a regional compact to prevent Great Lakes water from being sent to thirsty regions. | Story

Blues Rate Plan Questioned | A hearing officer says a rate increase proposed by Blue Cross Blue Shield of Michigan in 2006 is too high, Crain's Detroit Business reports. | Story

CAW Says Deals Near | The Canadian Auto Workers says it is close to agreeing to new labor deals with GM and Chrysler, based on the pattern of its Ford pact. | Story

Dow Gains 66 Points | The Dow Industrials rose nearly 161 points Wednesday at its intraday high, but sagged as automated sell orders triggered when the market neared recent highs. | Story

Stories marked with have a related podcast at WWJ.com.
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CEO Corner

MULTI-DISCIPLINARY PRE-MEDICAL EDUCATION

Your health has a new friend. Kettering University in Flint, Michigan, has joined other leading universities that are working on multi-disciplinary approaches to pre-medical education and technology-enhanced solutions to medical challenges. More...

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UM OPENS NEW OFFICE INTENDED TO LINK ITS EXPERTISE, RESOURCES WITH BUSINESS

There might be ways your business could benefit from access to the top-notch research and brainpower of a major university. But would you know where to get started making contact with one?

The University of Michigan is taking a big step toward making interaction between itself and the business community a lot easier. Today UM will officially open its new Business Engagement Center, which it says will provide “one-stop shopping” for businesses seeking to recruit students, gain access to university expertise, get professional development help for employees, or launch research partnerships.

The center is funded jointly by the UM Office of the Vice President for Research and the Office of University Development. More...




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LIVE WEB CHAT THIS MORNING AT WWJ.COM: WWJ Newsradio 950 this morning will host a live Web chat on the future of transportation. The chat will be held in conjunction with WWJ's business breakfast, called "The Future Of Transportation In Southeast Michigan," which takes place this morning at The Henry Ford in Dearborn. The live chat will include representatives of the Detroit Regional Chamber, the SMART bus system and the Southeast Michigan Council of Governments. It starts at 9 a.m. at WWJ.com.

ECONOMIC COALITION HELPED ATTRACT $4 BILLION IN 2007: The Economic Development Coalition of Southeast Michigan Tuesday released its report of business attraction and expansion successes during calendar year 2007. During that period, EDCSEM member agencies engaged in business activity expected to yield a total of 117 new projects representing $4 billion in investment to the region. The total number of jobs created in 2007 was 16,610 with an additional 9,552 jobs retained as a result of these investments. More...

WAYNE STATE, EMU HAVE NEW PRESIDENTS: Wayne State University and Eastern Michigan University Wednesday officially named new presidents, each of which will take office over the summer. The Wayne State Board of Governors unanimously voted to appoint Jay Noren as the university's 10th president. At Eastern Michigan, the board of regents voted unanimously today to name Susan Martin as that school’s 22nd president. More...

POLL SHOWS BUSINESS COMMUNITY STILL OPTIMISTIC: Most Detroit business leaders think the region will be in better shape five years from now than it is today. However, the percentage that thinks so – 69 percent – is down from 74 percent a year ago, according to a poll conducted for the Detroit Regional Chamber. More...

DETROIT RIVER DAYS CELEBRATION TO RETURN: The Detroit River Days summer celebration will run from June 20-23 this year and conclude with the massive fireworks display from the Detroit River. Organizers of the festival announced that events for the four-day celebration will include a Parade of Lights with 50 boats, the Ultimate Air Dogs, Pooch-a-Palooza Pet Walk, carnival rides, and jet-ski demonstrations. More...

DETROIT'S CASS TECH GOES GREEN: In a "Making the Grade" report WWJ Newsradio 950's Greg Bowman reports on how one of Detroit's top high schools is becoming more "green" by adding a rooftop garden. To listen, click here.

WORLDWIDE AUTOMOTIVE REPORT PODCAST: Labor talks are doing better in Canada than they are in the U.S. Visteon has a new CEO. Ford Motor Co. has a big truck recall.

EASTERN MARKET FLOWER DAY COMING UP: On May 18, WWJ Newsradio 950 will help sponsor the 42nd annual Flower Day. This event will take place at Detroit's Eastern Market, the largest historic public market district in the United States. More...

AMERICA @ WORK AFL-CIO UNION-INDUSTRIES SHOW: From May 16-18 at Cobo Center in Detroit, hundreds of exhibits and hands-on demonstrations will celebrate America’s union workers and the work they do. The 70th Annual America-at-Work AFL-CIO Union-Industries Show has something for everyone, and American Union-made products at great prices. To learn more about the event, click here.


Editorial Staff:
The Daily Dash - Thursday edition is written and edited by James Melton, Ed Coury, and Matt Roush

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