Detroit Renaissance today announced the launch of an effort to grow the region's creative economy -- one of six initiatives outlined in the Road to Renaissance, a strategy to transform Southeast Michigan's economy.

From a field of 181 economies NZ has been ranked second behind Singapore as a country in which it’s easy to do business. NZ ranked first for the ease of starting a business and second for the ease of doing business.

Weakness in display advertising caused online ad company ValueClick (nasdaq: VCLK - news - people ) to warn investors last week that earnings in the second half of year would not be as high as expected.

Things over at the Globe —a paper that, like most mid-sized dailies, has been stuck in an endless cycle of circulation losses, plummeting ad revenue and newsroom cutbacks—went from worse to how the Christ are these people still in business last week.

The media marketplace could be mired in a recessionary climate for several years, according to Rino Scanzoni, chief investment officer at WPP's GroupM.