WASHINGTON DC – U.S. House Republicans have removed marijuana banking protections from a critical government funding bill, thus exposing banks to potential federal crackdowns on cannabis-related businesses. 1. Why Did The House Republicans Drop the Cannabis Banking Protections from Funding Bill? A controversial provision within a recent bill was blocked after facing significant internal opposition.
NEW YORK - Despite a noted slowdown in the electric vehicle (EV) industry in 2024, significant progress has been made in their adoption over the last decade. Research by Finbold, using data from the International Energy Agency (IEA), found that the global electricity demand stemming from the usage of electric cars skyrocketed by 3,630.77% from 2,600
DETROIT - This summer, high school students can get a taste of campus life with residential STEM programs offered through DAPCEP. Research shows studying on campuses at an early age gives students a glimpse into the future. There are two programs at Michigan State University (MSU) of note this summer. In one, Oakland County students entering
LONDON, UK - American brands saw their share drop from 53% to 51% in the Expert Reviews top 25 best-selling vehicle models list, with 290,000 fewer American cars sold in 2023 compared to 2022. While Japan's share has risen from 44% in 2022 to 48% in 2023, selling 100,000 more cars compared to the prior
SOUTHFIELD—The Centrepolis Accelerator at Lawrence Technological University announced an additional grant of $2 million from the Ralph C. Wilson Jr. Foundation to strengthen its mission of supporting startups and small businesses in Southeast Michigan with their hardware and physical product innovations. This new funding will further strengthen Centrepolis’s Evergreen Service-Based Investment Fund, which provides essential
NEW YORK - Artificial intelligence (AI) is already having an impact on upcoming U.S. elections and other political races around the globe. Much of the public dialogue focuses on AI’s ability to generate and distribute false information, and government officials are responding by proposing rules and regulations aimed at limiting the technology’s potentially negative effects.
TROY – Expleo has announced the official opening of its new U.S. digital engineering center in Troy, Michigan. The office was inaugurated on June 6 in an opening ceremony attended by Gov. Gretchen Whitmer, Expleo CEO Rajesh Krishnamurthy, EVP Automotive Marcus Ganguin, city of Troy and Oakland County officials, and local business leaders from the automotive industry.
ANN ARBOR - When a lot of business professionals grow weary of working for corporate America they often tell anyone who will listen that they will become a business consultant. That's a tough way to make a living, says Gary Erickson, managing partner of Executive Search Partners, a senior management job placement service. In this
GRAND RAPIDS - A Grand Valley survey of West Michigan purchasing managers and businesses indicates the region’s economy continues to chug along at a steady pace after posting a fourth straight month of modest growth. The responses to his monthly survey suggest to Brian Long, researcher and director of supply management research at the Seidman
TROY - Oakland County is creating three networking groups that focus on connecting and sharing tech assets for IT And Computer Services, Research, Engineering And Design, and Robotics Integrators, primarily in the auto sector. Joining Matt Roush and Mike Brennan on MITechTV is Kathleen Still, from Oakland County economic development, who is spearheading the initiative.
