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Metro Detroit Homes Prices Climb 8.2% in May, Sales and Listings Decline

The median sales price for homes sold in metro Detroit rose 8.2 percent to $215,975 in May, as compared to $203,213 in April and $199,588 in May 2017, according to a report released today by Re/Max of Southeastern Michigan in Troy.

FCA in Auburn Hills Unveils 2019 Dodge Durango Pursuit

Fiat Chrysler Automobiles in Auburn Hills Friday debuted its 2019 Dodge Durango Pursuit for public safety officials. The vehicle has improved brake performance and durability, as well as performance-tuned, load-leveling suspension.

General Motors Offers First Responders Special Pricing for Chevrolet, Buick, GMC, and OnStar

General Motors Co. in Detroit is offering a special pricing plan to first responders on Chevrolet, Buick, and GMC cars, as well as OnStar products.

Researchers at Ann Arbor’s U-M Find Biodiversity Improves Stability of Algae Biofuel Systems

Researchers at Ann Arbor’s University of Michigan today announced findings that a diverse mix of species improves the stability and fuel-oil yield of algae biofuel systems, as well as their resistance to invasion by outsiders.

MSU in East Lansing Hosts U.S. Particle Accelerator School

Michigan State University in East Lansing is hosting the summer 2018 session of the U.S. Particle Accelerator School (USPAS), a national graduate-level training and workforce development program in accelerator science and engineering. The program is funded by the Office of High Energy Physics, which is in the U.S. Department of Energy Office of Science (DOE-SC).

Ford Motor Co. in Dearborn to Launch Beekeeping Program at its Global Headquarters

Dearborn’s Ford Motor Co. Friday announced it will launch a global beekeeping program this month with six new honeybee hives at its Dearborn headquarters. The program is designed to support honeybee populations, the local ecosystem, and gardening and farming communities.

Ann Arbor’s Amesite Inc. Announces Closing of $5.5M Private Placement Financing

Ann Arbor’s Amesite Inc., a development-stage artificial intelligence software company targeting the college course market, Thursday announced the closing of a $5.5 million private placement financing, including about $1 million from insiders, and the completion of a go-public transaction through a reverse merger with Lola One Acquisition Corp.

Jackson’s Consumers Energy Plan Outlines Path to Zero Coal Usage

Consumers Energy in Jackson has announced it will file an integrated resource plan this week with the Michigan Public Service Commission that outlines the path to using zero coal while ensuring affordable and reliable energy.

Jefferson Beach Marina in St. Clair Shores and Toledo Beach Marina in La Salle Acquired by Dallas Company

Safe Harbor Marinas in Dallas has announced the acquisition of two marinas in Michigan – Jefferson Beach Marina in St. Clair Shores and Toledo Beach Marina in La Salle. Terms of the deal were not disclosed.

Dearborn’s ChannelNet Partners with Canada’s White Clarke Group to Provide Financing Software

ChannelNet in Dearborn, a digital engagement company, Thursday announced a partnership with White Clarke Group, a finance technology company in Ontario, to offer an end-to-end financing solution to the global asset finance market.

Entrepreneurs Compete for $1.2M in Funding From Detroit’s Quicken Loans

More than 500 Detroit business owners who applied to pitch at Quicken Loans Detroit Demo Day has been narrowed down to 15 finalists, who will take the stage at the Music Hall for Performing Arts on June 22. Seven winning companies will receive a total of $1.2 million in funding from Quicken Loans.

Horizon Global Corp. in Troy Terminates Brink Group Acquisition Agreement

Troy’s Horizon Global Corp., a manufacturer of branded towing and trailering equipment, today announced it and H2 Equity Partners in the Netherlands have mutually agreed to terminate the Brink Group acquisition agreement, effective June 14. As part of the termination agreement, Horizon Global agreed to pay a break fee to the Brink Group of €4.75 million.

Dearborn’s Ford Introduces Two Fuel-efficient Taxis

Ford Motor Co. in Dearborn today unveiled two taxis: the 2019 Transit Connect Taxi, which has a diesel engine, and Ford’s most fuel-efficient, purpose-built taxi – the 2019 Fusion Hybrid Taxi.

Plymouth Township’s Varroc Group and Varroc Lighting Systems Open Tokyo Office

Varroc Lighting Systems, a Plymouth Township-based global exterior vehicle lighting supplier, along with its parent company, Varroc Group, is opening a customer and business development center in Tokyo.

East Lansing’s MSU Releases Genetic Engineering Kit for Biofuel-producing Algae

Scientists at East Lansing’s Michigan State University have released a new genetic engineering toolkit for the algae species Nannochloropsis oceanica, which is of interest for the production of biofuels and other oil-based chemicals.
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More »From the Magazine

Hot Lap

How do you prepare 20,000 meals over three days during the Detroit Grand Prix?

Asian Galleries

Style and Rhythm

Detroiter Wendy Hilliard was the first African-American rhythmic gymnast to compete as a member of the U.S. national team. Now her foundation is providing free and low-cost gymnastics training in Detroit.

Q&A: Chris Thomas

Chris Thomas is a co-founder of Fontinalis Partners, a venture capital firm in downtown Detroit focused exclusively on investing in technology companies that improve next-generation mobility.

Pace and Pivot

Boyne Resorts is opening up the game of golf like never before.

Forgotten Harvest 2.0

The food services agency in Oak Park is turning to technology to boost deliveries.

Sherlock “Homes”

A trio of former OnStar developers introduces a home-monitoring device.

Line of Flight

A longer runway at Cherry Capital Airport in Traverse City, new golf courses and wineries, upgraded resorts, and revamped marketing campaigns are attracting more tourism in northern Michigan.

Water Mark

A luxury condominium and mixed-use development in Detroit’s Midtown district is the first outside the city’s downtown core and riverfront.

Open Skies

SkySpecs in Ann Arbor is one of the first companies to automate drone inspections.

Freemason of Detroit

George D. Mason’s architectural practice gave form to Detroit in the early high-rise era.

Foundation and Support

It’s important to encourage our brightest young minds — especially girls and underrepresented minorities — to pursue the engineering profession.

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

The Death and Life of Detroit

Source: The American Prospect

Obama Pushes False GM Success Story

Source: Investors Business Daily

Women in a Man’s World

Source: The Wall Street Journal

Matty Moroun, Detroit's Border Baron

Source: Bloomberg Businessweek

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