NEW YORK - The impact of sanctions and the collapse of the Russian ruble after the invasion of Ukraine has some Russian banks turning to the crypto market for a boost. Like the biggest one. That is Sberbank, Russia’s largest lender, which just received a license from the central bank to issue digital assets to clients on Thursday. Sberbank said
WASHINGTON DC - Multiple covert government surveillance operations hoovering up Americans' information without oversight have been exposed in the last year. Those not following closely may not have noticed. Recent revelations about government spying have failed to make a major splash in Congress, the media or public discourse. Stories about surveillance have broken through before
NEW YORK - While gas prices have soared in the wake of Russia’s invasion of Ukraine, so have electricity prices – particularly in some parts of the U.S. that have been big markets for Tesla’s EVs. So, is it still true that it’s much cheaper to “refuel” an EV? CNBC crunched the numbers. It has
ANN ARBOR—Major automotive manufacturers are ramping up production of electric trucks as a key strategy to reduce the greenhouse gas emissions of their vehicles. Light-duty vehicles, including sedans, SUVs and pickup trucks, are currently responsible for 58 percent of U.S. transportation sector greenhouse gas emissions. Pickup trucks accounted for 14 percent of light-duty vehicle sales
ANN ARBOR—As automated truck technology continues to be developed in the United States, there are still many questions about how the technology will be deployed and what its potential impacts will be on the long-haul trucking market. A new study by researchers at the University of Michigan and Carnegie Mellon University assessed how and where
GRAND RAPIDS — Mercantile Bank has launched the Mentoring, Aspiring, Preparing program and, in partnership with Grand Valley State University, a scholarship, providing students with assistance for their education expenses while exposing them to careers in banking. MAP is a leadership development program that will provide four years of professional and personal development in concert
GRAND RAPIDS — Consumer confidence, purchases and new orders all rose in February, likely boosted by the sharp decline in the number of positive COVID-19 cases in West Michigan and the nation, according to Brian G. Long, director of Supply Management Research in the GVSU Seidman College of Business. Yet, Long said, February's numbers were
WALKER — Meijer Inc. has signed a 15-year contract to purchase output from a large-scale solar project in Texas under an agreement that will offset the retailer’s carbon emissions. Meijer last week announced the virtual power purchase agreement with Duke Energy Sustainable Solutions, which is developing the 250 megawatt (MW) Pisgah Ridge Solar project south of the Dallas-Fort
LANSING – The award-winning Pure Michigan advertising campaign returns for audiences across the Midwest this spring to inspire travel in Michigan this year. In addition to the broadcast commercials, travelers can plan their perfect vacation with the help of various digital platforms and resources available on michigan.org. This year’s total warm weather advertising budget is
TROY - Elevating the conversation on the future of manufacturing, Automation Alley is taking its signature Industry 4.0 conference, Integr8, to the Suburban Collection Showplace in Novi on May 10 for an experience filled with innovation, interaction and – new this year – an additive manufacturing pitch competition. A livestream will also be available for
