DETROIT - Invest Detroit has announced closing four transactions totaling $32 million using its New Markets Tax Credit allocation from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund. The allocation will support four transformative projects in the city of Detroit. Invest Detroit is a mission-driven lender, investor, and partner that supports
MOUNTAIN VIEW, Ca. - For nearly thirty years, we’ve lived with our faces glued to small screens—thumbs incessantly swiping, notifications pinging at all hours. But according to Mark Zuckerberg, that era may soon be in the rear-view mirror. In a recent interview, the Meta CEO predicted that wearable computing will eclipse smartphones as our primary portal to
WASHINGTON DC - The Federal Reserve on Wednesday kept short-term interest rates at a level of 4.25 to 4.5 percent, but two board officials running to succeed Fed Chair Powell voted to lower them. Nine of members of the Federal Open Market Committee agreed to keep rates unchanged. The two dissenters were Fed Vice Chair of
SPAIN - Across the world, wind power is growing fast—but not fast enough. To meet climate goals and reach carbon neutrality, the United Nations says global wind energy must triple in the next ten years. Standard turbines, with their giant spinning blades, are helping, but they face challenges: high costs, loud operation, complex maintenance, and
ANTARCTICA - The Thwaites Glacier in West Antarctica is nearly 80 miles wide, making it the largest glacier in the world by width. If it collapses entirely, the resulting changes could raise global sea levels. Scientists are racing to understand the forces at work before it’s too late. To better understand how this could unfold,
CLEVELAND, Ohio – Recreational marijuana sales have generated $55 million in taxes since sales began a year ago, but the Ohio cities that host the dispensaries still haven’t gotten a dime of it. While municipalities that host dispensaries were initially promised 36% of those tax dollars, or roughly $20 million, they’ve been waiting for state
SPAIN - A future where your home’s windows not only let in light but also power your appliances is no longer science fiction, it’s reality. That’s because a new generation of transparent solar panels, known as smart glass or transparent photovoltaic glass, is arriving in the United States, promising to transform glass facades into veritable invisible
CHINA - Huawei's claimed 1,864-mile solid-state battery could eliminate range anxiety for people considering buying electric vehicles. Huawei also claims this battery could recharge in five minutes. Huawei might have found that, after filing a patent for a new solid-state battery that could transform EVs and deliver a driving range of nearly 2,000 miles, SuperCarBlondie
COLUMBUS - According to the Division of Cannabis Control, between August 7 and July 12, marijuana retailers in Ohio generated $653,066,896 in adult-use sales and $268,597,078 in medical marijuana purCombined, that’s $921,663,974 across 12,068,699 transactions—9,068,956 from recreational customers and 2,999,743 from medical marijuana patients. The average price per gram of marijuana flower has also fallen
MINNEAPOLIS - Delta Air Lines stock soared on word that they’d beated analyst expectations for the second quarter and reinstated strong finanial projections for the rest of the year – when last quarter, with uncertainty around tariffs and their effect on the economy, the airline felt things were too uncertain to stand by any forecast.
