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30 in Their Thirties: Steven Kizy // 30

Steven Kizy is 30 years old, but he’s already been in business more than 15 years. “I started my own business when I was 14 years old,” Kizy says. “I ran a cell phone store out of my dad’s convenience store in Detroit. I’ve always had a passion for business.”

GM Third Quarter Auto Sales Up 10.3%, FCA Remains Steady Year-Over-Year

Dearborn-based General Motors Co. has reported global net revenue of $42.8 billion for the third quarter of 2016, marking a 10.3 percent year-over-year growth, while Auburn Hills-based Fiat Chrysler Automobiles Group saw global net revenue of $29.17 billion, which is in line with its Q3 2015 results.

Saginaw Valley State University Partners with Central Michigan College of Medicine

A new cooperative agreement will grant Saginaw Valley State University premedical students early assurance of admission to the Central Michigan University College of Medicine through the Early Assurance Program.

Chevrolet, Carhartt Partner on New Concept Vehicle

Detroit-based Chevrolet and Dearborn-based work wear brand Carhartt have partnered to introduce a new concept vehicle that features custom Carhartt details and a number of Chevrolet accessories.

Detroit Pistons Launch New Food Offerings at the Palace, Including Brisket, Sausages, and Chicken

As the Detroit Pistons prepare for their home opener at the Palace of Auburn Hills against the Orlando Magic on Friday, the organization will offer several new food options this season, including House O’ Bayne Brisket, selections from Dearborn Sausage Co., and Uncle Joe’s Chicken Fingers.

Metro Detroit Rotary Member to Receive Business Award at UN Event

Larry Wright, a member of Rotary Club of Taylor, will be one of six rotarians from around the world to receive the organization’s 2016 Responsible Business award during Rotary Day at the United Nations next month.

30 in Their Thirties: George Kordas // 33

After graduating from the University of Colorado in 2005 with a business degree, George Kordas began working for Metropolitan Baking Co., a third-generation, wholesale baking company owned by his family. Since then, he’s used his ambition to curate a steady stream of growth for the company.

Report: New Jobs Surge in Southeast Michigan During Second Quarter

With employment expanding by 1.4 percent, or 35,000 jobs, in Q2 2016, the total number of jobs held in southeast Michigan exceeded 2.6 million, which is a new high in employment in the region dating back to 2007, says a new report from the Workforce Intelligence Network for Southeast Michigan.

Energy-Efficient Measures Will Save GM $73M in 2016

In its drive to meet the electricity needs of its worldwide operations with 100 percent renewable energy by 2050, Detroit-based General Motors Co. today announced it will save $73 million in energy costs this year. The effort includes the installation of 186,000 LED bulbs and fixtures across its production portfolio.

Report: September Single-Family Home Permits Fall 35% in Southeast Michigan

The single-family home permit total in southeast Michigan was 35 percent lower in September than August 2016’s revised total of 492 units, and 20 percent lower than September 2015, says a new forecast from the Home Builders Association of Southeastern Michigan in Farmington Hills.

U-M Will Match $1.4M Grant to Curb Post-surgery Opioid Addiction

A University of Michigan team today launched an initiative to help medical teams across the state care for surgical patients’ pain without setting up individuals for new chronic opioid use, misuse, and addiction.

Kellogg’s MorningStar Farms Expands Lineup of Vegetarian Bowls

MorningStar Farms, a Battle Creek-based Kellogg’s Co. brand that focuses on plant-based food and frozen meat alternatives, today released five new vegetarian bowls across the country.

30 in Their Thirties: Joey Jonna // 36

As soon as Joey Jonna learned to drive, he was in the construction business. His father, Frank Jonna, owned Jonna Construction Co. in Bloomfield Hills, and he worked there until 2008. At that time, he saw an opportunity to launch Jonna Facility Services, which eventually grew to 400 locations across the United States.

U-M Breaks Annual Research Funding Record, Approves $78.5M Renovation Medical Lab Project

The University of Michigan in Ann Arbor announced a record high $1.4 billion in annual research funding during its most recent fiscal year that ended in June. It also approved $78.5 million for a project that will create 50 state-of-the-art pharmaceutical laboratories for the university’s medical school.

DTE Energy Closes on $1.3B Natural Gas Assets Purchase, Reduces Carbon Footprint

Detroit-based DTE Energy has completed a $1.3 billion purchase of midstream natural gas assets in Pennsylvania and West Virginia.
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More »From the Magazine

Easy as Pie

From a single startup to a Michigan staple, Grand Traverse Pie Co. plans more growth across the state.

Smart Grid

DTE Energy brings energy management to the internet of things

Space Race

After a lengthy career working for others, property manager Lynette Boyle strikes out on her own.

PDA Q&A: Maureen Monte, E-Interview

Principal, Maureen Monte Consulting, Berkley

Brain Gain

Starting from Scratch

How a new restaurant and nightclub in downtown Royal Oak exceeded its budget, overcame unforeseen municipal requests, and still opened in just 10 months.

Financial Reservations

The Westin Book Cadillac Detroit hotel downtown has been outperforming most of its national peers, but behind the scenes, the city and pension funds used for its redevelopment nearly 10 years ago may now take a huge loss.

Have Office, Will Travel

Case Study

Huron Capital Partners, a private equity firm in Detroit, has developed an acquisition platform that drives operational efficiencies through an in-house buy and build strategy.

Speaking Up

Compendium News Links More »

The Outside Media Opine on the Motor City

Let Syrians Settle Detroit

Source: The New York Times

Larry Page Looks Ahead

Source: Fortune

Detroit Homes Still Selling for $1

Source: The Daily Caller News Foundation

You Can Sell a Lot of Cars with a Tent

Source: Bloomberg Businessweek

Matty Moroun, Detroit's Border Baron

Source: Bloomberg Businessweek

Obama Pushes False GM Success Story

Source: Investors Business Daily

Women in a Man’s World

Source: The Wall Street Journal

The Death and Life of Detroit

Source: The American Prospect

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