The new model of Apple Inc.’s iPhone is about to go on sale, for a suggested retail of $199.  The new iPhone is estimated to cost Apple $173 to make, but Apple’s profit is much more than the $26 difference between their cost and the suggested retail. The launch date is set for July 11, with the new version boasting faster Internet speeds and improved navigation features.  AT&T is the exclusive carrier for the Apple iPhones and will subsidize the retail price actually selling them at … [Read more...]

The 2007 Woodward Dream Cruise had a gross economic impact of over $64 Million, with a net impact of $21 to $32 Million on Wayne, Oakland and Macomb counties – based on a study the Detroit Metro Convention and Visitors Bureau hired Sportsimpacts.com to conduct. The Dream Cruise is one of the biggest grossing events with a greater economic impact than the 2005 Major League Baseball All-Start Game held here in Detroit.  Other studies conducted by the Bureau include the 2004 Ryder Cup which … [Read more...]

In 1976 Michigan voters passed the Michigan Bottle Deposit Law imposing a ten cent deposit on all soft drinks, beer, wine coolers and malt beverage containers.  Stat’s show that Michiganders return 97 percent of the containers they pay a deposit on.  The Michigan United Conservation Club predicts that non-carbonated drinks such as Water and Juice will exceed soft drink sales within a few years. The group is asking Michigan Legislation to vote on including water and juice bottles in the … [Read more...]

Last year this time the national unemployment was just under 5 percent and many small businesses posted increases.  Small business owner’s biggest complaints last year were sky rocking healthcare costs and a shortage in good workers. Fast-forward to summer of 2008 we are being hit from every direction, a housing slump and rising material costs and the $4.00 per galloon gas prices, almost $5.00 per gallon for diesel fuel. Small business owners from across the country met recently in … [Read more...]

It has taken well over a month this time to sell out the latest Michigan Lottery Millionaire Raffle.  On May 5, 2008 a limited numbers of tickets (only 600,000) went on sale.  The $20 dollar tickets contain a unique six-digit number from 000001 to 600000.  A single drawing will be held on June 23, or at a later date should the tickets not be sold out by then. [ad#MBHblog][ad#MBHblog] Only 73,624 tickets remain at the time of this post, I have four tickets that I’ve purchased over … [Read more...]