ANN ARBOR - Researchers at the University of Michigan, collaborating with chip-maker Intel, have created a new iron alloy that could be a major feature of magnet-based computers of tomorrow. Their work was published recently in Nature Communications. Their alloy acts as a magnetostrictor. That means it relies on the fact that when you plunge a magnetic material,
TROY—According to the just-released J.D. Power 2021 U.S. Consumer Lending Satisfaction Study, the consumer lending space was severely disrupted during the COVID-19 pandemic as a combination of stimulus funding, record high mortgage refinance volume and a tenuous economy crimped the consumer loan market. “The consumer lending landscape shifted dramatically over the past year and consumers
DETROIT—Officials at Benzinga, the Detroit-based financial technology (fintech) and financial news provider, announced the Benzinga Small Business Free Website Giveaway, a contest to build a free website for one business a month for the rest of 2021. They said the move comes in response to the coronavirus pandemic, as businesses have scrambled to keep up with
DETROIT - Undeniably, space is something that we all came to appreciate in the past year during the pandemic, as it became increasingly more important for everyone, especially apartment dwellers. So, RENTCafé analysts reviewed how much space you could rent across Michigan for $1,100, which is close to the state’s average monthly rent of $1,066. Based on Yardi Matrix
ANN ARBOR – A United Kingdom-based company has signed an agreement to acquire ProQuest, which began life nearly a century ago as University Microfilms, and its related companies for $5.3 billion, subject to government approvals. ProQuest, which provides educational technology, has 2,700 employees globally, with about 550 in Ann Arbor, according to Lisa Hulme, a
GRAND RAPIDS—Compliance Systems, provider of digital compliance documentation, announced a mobile-enabled online account openings, which allows financial institution customers and members to open accounts up to 10 times faster. The software streamlines documents and hosts unique content such as embedded videos and tutorials to help financial institutions build relationships that consumer and commercial deposit customers
DETROIT - The Chamber of Marine Commerce has launched a new video series featuring voices from the businesses and communities that depend on Great Lakes-St. Lawrence shipping for their success. From steel plants and farmers to small towns and local businesses, Great Lakes-St. Lawrence shipping touches so many aspects of our society. In this series of
HOUGHTON - MTEC SmartZone, Innovate Marquette SmartZone, and Sault Ste. Marie Economic Development Corporation are gearing up to host the fifth annual Return North Professional Careers Fair. Return North, presented by TriMedia Environmental & Engineering, is aimed at attracting alumni, former residents and friends of the Upper Peninsula of Michigan back to the region. A
TRAVERSE CITY—Atlas Space Operations announced the addition of five new ground stations to its growing global satellite ground control network. The new antennas in New Zealand, Australia, Scotland, Alaska, and an upcoming commissioning in Dubai, represent a dramatic increase in Atlas’ global footprint and network capacity. The move is expected to bolster global antenna coverage
DETROIT – DTE Energy has named the Board of Director for DT MidStream, the independent, publicly traded company that is expected to be formed through the planned spin-off of DTE Energy’s non-utility natural gas pipeline, storage and gathering business. DTE Energy expects that the spin-off will be completed in July. The DT Midstream Board will
