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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
LANSING — Michigan’s citizen redistricting panel could approve maps this month that would make the state far more competitive, giving Democrats a solid chance at controlling the state Legislature for the first time in decades. But many African-American leaders fear the approach will reduce their clout, as the Michigan Independent Citizens Redistricting Commission’s proposals have
DETROIT—Comerica Bank’s Michigan Economic Activity Index decreased in August to a level of 106.6 from a revised July index of 107.4. In August, Comerica economists said, only three of those components rose—nonfarm payrolls, unemployment insurance claims, and house prices. Four components declined—housing starts, industrial electricity demand, light vehicle production, and state sales tax revenue. Total
SOUTHFIELD—Under a spectacular sunny sky on a crisp autumn afternoon, students from Lawrence Technological University and six other universities showed off their race car building skills Saturday at Lawrence Technological University’s 12th Grand Prix. Along with Lawrence Tech, teams from Ferris State University, Grand Valley State University, Hope College, Oakland University, the University of Toledo,
EAST LANSING – Community solar expansion in Michigan would contribute nearly $1.5 billion to the state’s economy over the next three decades, according to a study released today by Michigan State University. The study, conducted this fall by MSU Product Center/Center for Economic Analysis, examined the impact an expansion of 900 megawatt of community solar
SAN FRANCISCO – A new survey shows 69 percent of remote employees have another full or part-time job. Thirty-seven percent of respondents with multiple jobs have a second full-time job, 45 percent of whom say they work remotely. Additionally, most people with two full-time jobs work fewer hours than the standard for full-time employment. Forty-seven
DETROIT - Arnold Schwarzenegger said any world leaders warning that fighting the climate crisis would damage the economy were "liars" or "stupid." "All of these countries that come and give speeches, 'We are not going to go and lose jobs because of going green,' and all this other stuff, they're liars or they're just stupid
ANN ARBOR—The University of Michigan has reported a record number of license and option agreements over the past fiscal year, as well as patents issued, further solidifying its position as a leading university for commercializing research and technology. The university signed 287 license and option agreements with companies seeking to commercialize U-M research discoveries during
DETROIT – Benzinga CEO Jason Raznick announced Monday that Beringer Capital purchased a majority stake in the financial news service he created in his basement in 2010. He also said in his announcement that Benzinga now has a market value of $300 million, although he did not disclose the terms of the deal. Raznick has
LANSING - Gov. Gretchen Whitmer seeks to inject $200 million into Michigan technology startups using federal pandemic relief funds, as part of a broader $1.52 billion proposal for using federal American Rescue Plan Act funding that Congress approved in March. Whitmer’s Startup Resiliency Initiative would put $140 million into direct equity investments in tech startups
