Featured posts
BIRMINGHAM – CitySide Ventures has launched its $10 million Great Lakes Angels Fund by investing an undisclosed amount of money in three start-up companies. David Weaver, CitySide Chief Investment Officer, said more early-stage capital is available to keep new companies in Michigan and grow the Michigan ecosystem. “We don’t see any lack of exciting early-stage
SOUTHFIELD—The Michigan Council of Women in Technology Foundation has named Rajani Sinha, of the office of the Chief Information Officer and IT service and delivery, Stellantis North America, its president for 2022. Sinha replaces Jennifer Charters, executive vice president and CIO of Flagstar Bank, who led the organization throughout 2021. Jill Maiorano, managing director of healthcare at Microsoft, will assume
LONDON, England – The European climate agency Copernicus reported that the last seven years were the world’s hottest on record, with the first analysis of global temperature rise in 2021 about 2 degrees F above pre-industrial levels. The assessment of the year also found carbon dioxide in the atmosphere reached record levels and that the
FARMINGTON HILLS—Officials at GreenPath Financial Wellness, a national nonprofit that provides financial counseling and education, was awarded a $1 million grant from the United Services Automobile Association to help communities of color and low-income military families experiencing financial hardships reduce debt and improve credit scores and financial confidence through proven financial counseling and debt management programs.
DEARBORN—Officials at Ford Motor Co. announced plans to nearly double production of the F-150 Lightningpickup at the Rouge Electric Vehicle Center in Dearborn to 150,000 trucks per year to meet high demand. Beginning Thursday, the first group of reservation holders will be invited to place their orders for the F-150 Lightning. “With nearly 200,000 reservations,
KALAMAZOO - Stryker announced on Thursday a definitive merger agreement to acquire Vocera Communications for $3.09 billion. Vocera provides a platform for digital care coordination and communication strategy, offering a portfolio that is complementary to Stryker’s division that focuses on technologies that address connecting hospitals with caregivers, and data-generating medical devices. “Vocera’s highly developed software
ANN ARBOR – If you’re planning to visit, work or attend an indoor athletic event at the University of Michigan campus, you have to provide proof of COVID-19 vaccination or negative-test results – or you won’t be admitted. The new policy was announced this week in response to the recent surge in COVID-19 cases throughout
DETROIT - The global cannabis market size is expected to reach $129 billion by 2028, exhibiting an annual compound growth rate of 26.19 percent during the forecast period. Various research activities on genetic development and modification of the cannabis plant, developments in legal rights on creation of cannabis and manifestation of medicinal properties of cannabis are
DETROIT - The storied Chrysler brand, now owned by Stellantis, is set to add a fully electric vehicle — or battery electric vehicle — by 2025, and it's resurrecting the Airflow name from its 1930s past. The Airflow, teased without the Chrysler name at a couple of Stellantis events last year, has already sparked comparisons to the Ford Mustang Mach-E, the Tesla Model
NEW YORK - Toyota is about to become the leader in US auto sales for the first time, taking away a title that General Motors has held for nearly a century. It's yet another sign that US automakers have lost their dominance in their home market. As recently as 2005, Toyota was No. 4 in
