UM
HELPS LAUNCH 13 BUSINESSES: The University
of Michigan licensed 13 new business startups in fiscal
year 2008, tying a record set four years ago, the university
says. Several of the fledgling companies offer novel
treatments and diagnostics for diseases ranging from
end-stage kidney disease to cancer, hearing loss, sepsis,
diabetic ulcers and autoimmune disorders. Others provide
such things as new tools for the production of next-generation
vehicle batteries, semiconductor chips, and wafer-scale
packaging of microelectromechanical systems devices.
More...
MICHIGAN
TECH TO GET GREAT LAKES RESEARCH LAB: Michigan
Technological University has long been a leader in research
related to the Great Lakes. Now that research is going
to have a new home, on the campus waterfront. Lt. Gov.
John Cherry, acting for Gov. Jennifer Granholm, signed
a capital outlay bill authorizing MTU to spend $25 million
to build a Great Lakes research center along the Portage
Canal. Michigan Tech is one of six state universities
with capital outlay projects funded by the bill. The
others are Eastern Michigan University, Ferris State
University, Oakland University, Saginaw Valley State
University and Western Michigan University. For more,
from the Great Lakes IT Report, click
here.
EMU
TO MODERNIZE CLASSROOM BUILDING: Gov. Jennifer
Granholm has signed a bill that gives Eastern Michigan
University $31.5 million to modernize its Pray-Harrold
classroom building. More...
HENNESSEY
FUNDS 11 COMPANIES: Hennessey Capital LLC,
a Huntington Woods-based specialty finance company,
announced the completion of $4.8 million of new financings
for 11 small and mid-sized businesses, including six
Michigan-based companies. For more, from the Great
Lakes IT Report, click
here.
MICHIGAN
MONEY SUMMIT: Join WWJ Newsradio 950 at the
Vistatech Center at Schoolcraft College for a free financial
seminar titled "Michigan Money Summit – Managing
Your Money In Difficult Times." WWJ Newsradio 950's
Murray Feldman will host this timely event, designed
to give you information on how to save more money, protect
your assets, plan for the future and grow your income.
More...
NATION
WILL SHED AUTO DEALERS FASTER, REPORT SAYS: The
decline in the number of new car dealerships will accelerate
this fall and into 2009 as weak sales, increased operational
costs and the credit crunch continue to take their toll,
according to Grant Thornton LLP Corporate Advisory and
Restructuring Services. Earlier this year, Grant Thornton
said more than 2,700 dealerships would need to close
in order to maintain sales per dealer at last year's
level of about 750 units. Now, with light vehicle sales
on average predicted to drop to the 13.7-million unit
range in 2009, the firm estimates that 3,800 dealerships
will need to close. More...
KEEPING
KIDS ON THE RIGHT TRACK: In a "Making
the Grade" report, WWJ Newsradio 950's Greg Bowman
takes a look at some good after school programs in southeastern
Michigan. Click
here. 
DOMINO'S
INTRODUCES PIZZA TRACKER POLL: When buying
pizza, do Democrats spend more money than Republicans?
Do Republicans rely more on credit? Do liberals buy
more veggie pizzas? Do independents purchase more "half
and half" pizzas? These and more political pie
questions may be answered as Domino's Pizza introduces
a new Pizza Tracker poll between now and Nov. 4.
More...
WORLDWIDE
AUTOMOTIVE REPORT PODCAST:Today, WWJ Newsradio
950's Jeff Gilbert we take an in-depth look at the worst
auto sales month in 15 years. 
HEAR
'EDUCATION MINUTE' ON WWJ AND ONLINE: WWJ Newsradio
950's Pat Vitale gives education tips in an on-air series
that is a joint production of Eastern Michigan University-Education
First! and WWJ. "Education Minute" airs daily
on WWJ at 9:22 a.m., 12:23 p.m., 5:40 p.m., and 9:53
p.m. For podcasts of Vitale's reports, as well as other
resources for helping our kids learn, click
here.
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