ANN ARBOR - Consumers were a bit less optimistic in June due to rising concerns about prospects for the economy, according to the University of Michigan Surveys of Consumers. While no recession is anticipated, consumers increasingly expect a slower pace of growth in the year ahead, according to U-M economist Richard Curtin, who directs the surveys. Importantly, the
LANSING - Detroit was approved Tuesday as a Next Michigan Development Corporation, allowing it to issue renaissance zones and other inducements to bring in business. The designation, approved by the Strategic Fund Board, allows it to bring the tax-free zones and other inducements directly to the board without first applying to the Michigan Economic Development
DETROIT - During the recent $279 million renovation of Cobo Center in downtown Detroit, a complete digital upgrade was performed that included a broadcast studio, Internet and WI-FI upgrades and an extensive fiber network all packaged under the catchy name, Cobo Center Technology Services. "The creation of Cobo Center Technology Services, though significant on its
FLINT – Anca Sala, Ph.D., dean of the College of Engineering at Baker College, has been named 2016 Educator of the Year by HI-TEC, the High Impact Technology Exchange Conference. She will receive the award at the 2016 conference in Pittsburgh, Pennsylvania, in July. Sala was recognized for her diverse and dedicated work toward building
DETROIT - Sometimes as entrepreneurs and creatives we are so busy working we don’t take time out to celebrate our growth and success. We hope these entrepreneurs celebrated their success at the Ernst & Young Entrepreneur of the Year awards earlier this week. EY hosted their 30th award’s anniversary, selecting twelve entrepreneurs form the Michigan and
DETROIT - Able Lending, a fintech startup headquartered in Austin, has announced it has made available $5 million dollars in funding available to Michigan based startups and small businesses. The company is the lowest-cost non-bank lender to small businesses in the US, using a new collaborative loan structure. The funding will aim to help an estimated 20
DETROIT - Technology is playing a bigger role than ever in the car-buying experience, whether it’s the technology on the car making it safer or easier to drive or the technology used to determine what vehicle is best for the buyer. In today’s highly connected lifestyle, new vehicles are laden with more and more safety
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
