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What's New in the Blog

CRAA | Delta Air Lines Upgrades Aircraft at Lansing Airport

Michigan Business Network
March 9, 2023 5:00 PM

Aircraft upgrade from a CRJ-200 to CRJ-900, providing additional capacity

LANSING, Mich.
— The Economic Development Administration (EDA) has announced that the Capital Region Airport Authority (CRAA) has been awarded a $3.6 million grant for the Capital Region International Airport (LAN) site readiness development project for water, sewer and utility infrastructure upgrades to spur economic growth at LAN. The grant is funded by the American Rescue Plan and EDA’s $300 million Coal Communities Commitment

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CAMW! | MiCareerQuest May 19 to Excite Your Future Workforce

Michigan Business Network
March 7, 2023 6:00 PM

MiCareerQuest Capital Area is a hands-on career exploration event designed to pique students’ interests and expose them to jobs they may have never heard of or considered before, particularly those in demand in our region.   More than 4,400 students from high schools throughout the area are expected to participate. We need m ore than 70 local businesses like yours to be true partners in this event, helping plan the activities, and attending the event to create meaningful, fun,   exciting experiences for students from districts throughout the area.
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Convergence Networks | Crime-as-a-Service: A Growing Risk for Businesses in the Digital Age

Bottom Line IT
March 1, 2023 10:00 AM

In recent years, cybercriminals have found ways to commercialize their illegal activities.

One of the most concerning trends in the cybersecurity industry is the rise of “Crime-as-a-Service” (CaaS), which refers to the provision of criminal tools and services to non-technical criminals who lack the expertise to commit cybercrimes on their own.

Essentially, CaaS allows anyone to become a cybercriminal by providing a range of tools and services that can be used for illegal purposes. CaaS providers operate like legitimate businesses. They have HR departments, marketing teams, and even PR staff to provide official press statements.

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CAMW! | MiCareerQuest May 19 to Excite Your Future Workforce

Michigan Business Network
February 27, 2023 10:00 AM

MiCareerQuest Capital Area is a hands-on career exploration event designed to pique students’ interests and expose them to jobs they may have never heard of or considered before, particularly those in demand in our region.   More than 4,400 students from high schools throughout the area are expected to participate. We need m ore than 70 local businesses like yours to be true partners in this event, helping plan the activities, and attending the event to create meaningful, fun,   exciting experiences for students from districts throughout the area.
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Michigan Business Beat | Nicole Noll-Williams, Capital Region Airport Authority Flying into Future

Michigan Business Beat
February 23, 2023 8:00 AM

Chris Holman welcomes Nicole Noll-Williams, President & CEO, of Capital Region Airport Authority, Lansing, MI, to the MBN studio located at the airport.

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Foster Swift | How do Businesses get Ready for the Upcoming Corporate Transparency Act?

Michigan Business Network
February 23, 2023 7:00 AM

Foster Swift Second Wednesday Lunch Break

March 8, 2023

Passed by Congress on January 1, 2021, and set to take effect on January 1, 2024, the Corporate Transparency Act (CTA) is set to dramatically change reporting requirements for many small and medium-sized businesses.

For the first time ever, legislation will mandate that qualifying businesses self-report "Beneficial Owner" information to a massive federal database. This information includes names and other identifiable information about certain people who create, own, lead, or have influence over the business as well as information about the business itself. The CTA includes many categories of "beneficial ownership" beyond those who simply own the company's equity.

Failure for qualifying businesses to comply can lead to civil penalties and criminal charges including jail time. Now is the time for businesses to seek counsel to become familiar with the regulations and to prepare themselves for the flood of reporting requirements ahead.

Join us for our next 2nd Wednesday which will feature business and real estate attorney, Rob Hamor, as he discusses:

  • Key rules of the CTA;
  • Types of businesses and companies that are exempt;
  • Strategies for complying with the CTA;
  • Potential civil and criminal violations for noncompliance.

When: March 8, 2023 from 12:00-12:30 pm
Registration: https://bit.ly/2ndWeds2023

If you have any questions in the meantime, please visit our Corporate Transparency Act Resource Page.

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Since 1902, Foster Swift Collins & Smith, PC has provided comprehensive legal services to businesses, municipalities and individuals. The firm employs 100 attorneys and over 100 support staff in six locations; Lansing, Detroit, Southfield, Grand Rapids, Holland and St. Joseph.  For more information about the firm, its attorneys and to access recent publications, visit www.fosterswift.com.

Image courtesy of Foster Swift

 
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Cinnaire | BMCC Registration Now Open!

Michigan Business Network
February 21, 2023 5:00 PM

Registration for the 2023 Building Michigan Communities Conference is now open. Re-energize, refresh, and restore as the BMCC returns in person for the first time in four years!

  • Two inspirational, memorable days
  • Two outstanding keynote plenaries
  • Steal My Idea MC'd by Michigan's own Horace H.B. Sanders
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Foster Swift | Kraus Inducted in Michigan Lawyers Weekly Hall of Fame

Michigan Business Network
February 21, 2023 8:00 AM

Michigan Lawyers Weekly
February 16, 2023

LANSING, Mich. —Richard C. Kraus is one of the honorees for the Michigan Lawyers Weekly (MiLW) Hall of Fame Class of 2023. Richard retired from Foster Swift Collins & Smith, PC on January 31, 2023, after 45 years of practicing law in the areas of appellate and health care law.

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Cinnaire | Reminder, Join Mark McDaniel in the Fight Against Homelessness!

Michigan Business Network
February 20, 2023 5:00 PM

Mark is excited to return as a Star Server for Pancake Palooza 2023 but I need your help! I'm ready to fire up my extraordinary powers to defend my championship title and do what I love the most - fight homelessness by helping Haven House support families who are struggling to get back on their feet.

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Convergence Networks | The Top 5 Cybersecurity Threats Your Business Needs to Know For 2023

Michigan Business Network
February 20, 2023 9:00 AM

If cybersecurity isn’t a priority for your business in 2023, it should be.  

In 2022 it wasn’t unusual to see cybersecurity incidents make global headlines as high-profile attacks occurred around the world. In fact, since 2020 ransomware attacks have increased 435% on businesses across the world.  

With economic uncertainty and a looming recession, financially motivated crimes will continue to be popular in the next year. To stay prepared, businesses need to be aware of the threats they face, their security gaps, and remediate any vulnerabilities that leave their doors open to an attack. 

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