DETROIT - The much anticipated vote on Brexit, which will now lead to Great Britain’s departure from the European Union, is causing widespread worry in financial and business circles around the world. And among those fearing the impact are key global automakers like Toyota, General Motors and Britain’s own Jaguar Land Rover. Calling it “the
EAST LANSING - Wanted. A top executive to run a software startup whose pioneering applications lie at the intersection of decision analytics and artificial intelligence. Apply Supported Intelligence. Supported Intelligence is seeking a candidate to serve as Chief Executive Officer or Chief Operating Officer, beginning in the Fall of 2016. Application materials must be submitted no later
BATTLE CREEK - Kellogg Co. announced it has launched a $100 million Venture Capital fund - Eighteen94 Capital - to make minority investments in new ingredient, food, packaging and other technologies and “pursue next-generation innovation.” In a statement, Kellogg said Eighteen94 Capital plans to target early stage companies with a proven track record and established
SOUTHFIELD - Kristen R. DeVries has been named vice president of university advancement at Lawrence Technological University. Her appointment is effective August 1 and concludes a national search. DeVries will oversee Lawrence Tech’s fund raising, donor interactions, conference services, and alumni relations, in addition to corporate and foundation partnerships. For the past nine years she
HOLLAND - For the first time since 2011, fewer than half of West Michigan companies surveyed will be increase their information technology staffs during the next six months. This news comes from Paragon Recruiting in its semi-annual survey of IT staff hiring. The government and education sector showed the largest drop in expected hiring, from 53 percent for
ANN ARBOR - For the second time, scientists have observed gravitational waves - ripples in the fabric of spacetime caused by the merger of black holes. The observation confirms physicists' original gravitational wave discovery, which was announced in February. "This second detection confirms that the original discovery of gravitational waves was no fluke. The future
GRAND RAPIDS - After driving the West Michigan economy for several years, the manufacturing sector has reached a holding pattern of flat growth that has economists on the lookout for the next downturn in the business cycle. In general, economists in the region note that weaker-than-expected sales of passenger vehicles in the automotive industry have
DETROIT - Fiat Chrysler Automobile’s search for new partners may be taking an unexpected turn. After getting rejected by major competitors including General Motors and Ford, FCA Chief Executive Sergio Marchionne already has lined up a fledgling alliance with Google to build 100 autonomous vehicle prototypes. A new report suggests the CEO has launched additional
DETROIT – Demand for advanced manufacturing workers is continuing its upward trend as 2015 marked the state’s sixth consecutive year of employment growth in the field with nearly 700,000 workers employed - the highest employment number since 2006 and a nearly 30 percent increase from the middle of the Great Recession in 2009. The new
LANSING - March saw the steepest decline in automotive manufacturing wages since 2009, the Senate Fiscal Agency said in its Economic Indicators report issued Monday. The report showed wages for auto workers dropped more than 20 percent in March, close to the wage drop seen in January 2009. But unlike that drop at the beginning
