R&D

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Midwest Memo: GM’s Record Year, R&D Decline In Chicago And Wisconsin Politics Are Wisconsin Politics

That’s a lot of clams GM made $7.6 billion last year. It was a record profit.

Mixed foreclosure news New foreclosure data is in. The numbers are down in Ohio and Michigan. But they’re up in Illinois.

Research and Decline R&D jobs dropped 43% in Chicago between 2000 and 2010, according to a new study. Crain’s Chicago Business has the write-up.

Collegial process The Columbus Dispatch reports Ohio’s 37 colleges and universities have agreed on a construction wish list for this year’s state budget. Governor John Kasich called the unified process “unprecedented.”

Small power plants, big effect? The closure of four small, little-used power plants is stoking speculation that energy prices in Ohio could rise. The Cleveland Plain Dealer says the common sense analysis would say that the change should have little effect on prices. But, the new world of online auctions for power prices “don’t necessarily make common sense.”

Bus cuts Detroit will cancel early-morning bus service in an effort to save cash.

Mining bill advances A special committee has been disbanded, and a controversial piece of mining legislation has been put on the fast track in the Wisconsin Senate, proving once again that nothing is simple in Wisconsin politics these days. The bill would loosen regulations to help open an iron mine in northern Wisconsin.