DETROIT - The EV Revolution is in full-swing right now. Tesla just passed the trillion-dollar valuation mark. Lucid Group just rolled out its first cars with 500+ miles of driving range. Rivian just had the biggest initial public offering since Facebook. Every legacy automaker — from Ford to GM to Volkswagen — is investing tens
DEARBORN - Ford and chip manufacturer GlobalFoundries on Thursday said they plan to work together to boost supplies for the automaker's vehicles and the broader US auto industry but gave few details about what the deal entails. The two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup and performing joint research and
WASHINGTON DC - Long before the COVID-19 pandemic forced millions of children to attend school via the internet, Jessica Rosenworcel was sounding the alarm about US students who lacked access to broadband. Rosenworcel, who has served as acting chair of the Federal Communications Commission over the past 10 months, coined the term "homework gap" in a 2014 Miami
WASHINGTON DC - Brian Deese, director of the White House's National Economic Council, expressed optimism about the Build Back Better Act's prospects days after President Biden's social spending package passed in the House. Speaking with "Fox News Sunday" guest host Bret Baier, Deese defended the bill against criticisms that it could worsen already elevated inflation. "There's
DETROIT - Criminals use ransomware as a weapon to damage businesses or countries' cybersecurity and obtain critical information. According to the recent Atlas VPN team findings, more than 60 percent of global ransomware attacks are directed at the US and UK. In addition, most of the attacks target government administrations intending to steal sensitive information
WASHINGTON DC - While rising vaccination rates against COVID-19 have increased travelers’ comfort levels, most Americans are still opting to stay home this holiday season, according to a new national survey commissioned by the American Hotel & Lodging Association conducted by Morning Consult. The survey found that 29% of Americans are likely to travel for
DETROIT - Four of 10 Ford College Community Challenge annual grants were awarded to Wayne State University students recently for projects that will advance sustainability and community wellness in neighborhoods across greater Detroit. The remaining six awardees were Harvard University, Michigan State University, Ohio State University (2) and Rutgers University. The Ford Motor Company Fund
YPSILANTI - Eastern Michigan University is launching a brand new Certificate in Entrepreneurship & $25,000 Venture Challenge program for aspiring Michigan entrepreneurs with scalable and growth-oriented startup ideas. Specifically, this program is for entrepreneurs who are actively involved in their idea/product development phase and ready to start spending money on their ideas after completing the program
GRAND RAPIDS, — In West Michigan and across the country, supply chain problems have resulted in longer lead times, missed deliveries, higher prices and sometimes exorbitant expediting charges, a new survey indicates. Brian G. Long, director of Supply Management Research in the Seidman College of Business at Grand Valley State University, surveyed local business leaders
WASHINGTON DC - The Volcker Alliance and Penn Institute for Urban Research will host a Special Briefing on climate change, federal aid, and state and local strategies Nov. 11 at 11 am Eastern. Panelists include Tim Coffin, director of sustainability, Breckinridge Capital Advisors in Boston; Nora Wittstruck, director and ESG lead for US public finance,
