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NEW YORK - CEO pay dipped in 2023 but remains enormous compared with the pay of other workers, a new Economic Policy Institute report finds. Average realized CEO compensation—including stock awards and options—at the top 350 U.S. firms was $22.2 million in 2023, a 19.4% decrease from 2022. Cumulatively, however, CEO compensation has skyrocketed 1,085% since
LANSING – The Michigan Department of Technology, Management & Budget (DTMB) Michigan Center for Data and Analytics has released the state’s latest “Hot 50” and “Career Outlook” publications. Both reports, updated every other year, provide information on careers that will be in the highest demand in Michigan through 2032. “We’re excited to provide our education
ANN ARBOR—Research led by University of Michigan faculty and researchers generated a record-breaking 615 new inventions last year—a feat rarely achieved by any research commercialization office in the country. Additionally, 28 startup companies were launched to support the commercialization of U-M research discoveries. These new companies are advancing technologies across an array of disciplines, ranging
YPSILANTI - The American Center for Mobility (ACM) has signed an agreement with Michigan Technological University to partner on engineering services at its 500-acre proving ground for advancing safe, sustainable, and secure technologies in Ypsilanti. Michigan Technological University has been selected as the new engineering services provider for the American Center for Mobility (ACM), reinforcing
ITC, a major power company in Michigan, will be conducting aerial inspections of its high-voltage transmission structures and power lines using helicopters. Thus, these inspections will take place from September 9th to October 4th, weather permitting. 1. Why Are There Low-Flying Helicopters Near Michigan Power Lines? Eventually, the goal of these patrols is to assess
LANSING - In August, Michigan recreational and medical cannabis sales set a monthly record to $295.5 million, up nearly 3 percent from July sales $287.7 million. On a year over year basis, up 8.7 percent. Recreational Sales Chart Below: Medical Sales, however, fell 77.6 percent from 2023 to $1.3 million, down 6.9 percent from July,
ANN ARBOR - Don't miss the 2024 Michigan Medical Device Summit happening in Ann Arbor on September 23rd. With less than two weeks to go, now is the time to secure your spot at this pivotal event for medtech professionals. Join us for an exclusive FDA Town Hall where you'll gain firsthand insights from FDA
ANN ARBOR — The A2ZERO Green Fair returns on Sept. 20 along Main Street in downtown Ann Arbor. Attendees can stroll local exhibits and learn innovative ways to live sustainably and take climate action. More than 80 nonprofit, governmental and commercial exhibitors will be on hand to answer questions, allowing attendees to find resources to
LANSING— Michigan communities will receive more than $35.5 million in Safe Streets and Roads for All grants from the U.S. Department of Transportation, with Kalamazoo County taking home $25 million to implement strategies to improve safety and prevent traffic deaths and serious injuries over more than 130 miles of primary roadways—most of which are rural.
This news post will cover the U.S. Economic Deceleration Outlook 2024 as Per U-M Forecast. The latest economic forecast from the University of Michigan's Research Seminar in Quantitative Economics (RSQE) paints a picture of a U.S. economy facing significant challenges and uncertainties. While a near-term slowdown is anticipated, the economists stress that the economy is
