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U.S. markets recover from steep losses
ANN ARBOR, Mich., July 11 (UPI) -- Google will build a research and office facility in Ann Arbor, Mich., that will employ 1,000 people and create some 1,245 "spinoff" jobs.
Michigan Gov. Jennifer M. Granholm said Tuesday the California company's commitment to her state would accomplish the job creation in the first five years of the project.
The Michigan Economic Development Corp. approved a tax credit valued at more than $38 million over 20 years to win the company's investment. The MEDC said Google's investment will generate more than $2 billion in personal income for
Michigan workers over the life of the tax credit.
Larry Page, one of Google's founders, earned his high school diploma in East Lansing, Mich., and his undergraduate degree in engineering at the University of Michigan in Ann Arbor. He has retained close ties with the university.
The new facility will be a sales and operations center for Google's AdWords online advertising program.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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FORT WAYNE, Ind., May 23 (UPI) --
Self-encrypting drives to protect data on mobile platforms such as laptops are to be developed for the U.S. Air Force by ITT Exelis.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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