May-June 2010

Edit ModuleShow Tags

Inside Business

Bacco Ristorante Owner Opens Pizzeria Biga in Southfield

Beer Sommelier and Duck Prosciutto Come to Town

Detroit Regional Convention Facility Authority Announces Strategic Plan for Cobo Center Improvement

The Ingredients of a Philosophy

Have you every questioned (in your mind) the so-called “expert business coaches” — those individuals who have written numerous books on what you need to do in order to improve your business, yet never seem to have run one themselves?

DBusiness Magazine, Detroit’s Premier Business Journal, Wins National Editorial and Design Awards

Chevrolet-Buick-GMC-Cadillac Sales Increase 36 Percent in June

FREEDOMCAR AND FUEL PARTNERSHIP GIVEN ‘THUMBS UP’ REVIEW PLUS SUPPORT FOR MULTIPLE TECHNOLOGIES R&D

National Research Council report says continued near- and long-term Government /Industry R&D is needed to reduce petroleum dependence and greenhouse gases

Oakland County Wins Trifecta of Financial Reporting Awards

Oakland County Executive L. Brooks Patterson announced that the Government Finance Officers Association (GFOA) of the United States and Canada has awarded the county its Distinguished Budget Presentation Award for fiscal years 2010 – 2012.

Bodman Named to “Pro Bono Circle of Excellence” by the State Bar of Michigan

Bodman LLP was recognized by the Pro Bono Initiative of the State Bar of Michigan as a member of the “Pro Bono Circle of Excellence” for 2010 for significantly exceeding voluntary standards set by the State Bar of Michigan.

'The New Industry Emerges' at CAR Management Briefing Seminars

Annual Gathering of Top Auto Execs is August 2-5 in Traverse City

Kronk Foundation at MotorCity Casino

The second annual Kronk Gym Foundation fundraiser was held on June 30 at the MotorCity Casino in Detroit. The evening included a sit down dinner, a silent and live auction, and an amateur boxing exhibition inside MotorCity Casino's Sound Board.

Evolution of a Law Firm: Howard & Howard

Where years ago a lawyer was often an expert in multiple disciplines, today's business climate requires that law firms have access to a team of experts to counsel clients on regulatory changes, international law, or technological changes. Mark Davis, president and CEO of Howard & Howard, a business law firm in downtown Royal Oak, addresses the ever-changing business landscape, from automotive to real estate to small business ventures.

Compuware Survey Reveals Doctors and Nurses Struggle With Performance of Clinical Information Systems

Survey shows nearly 50 percent of health care professionals are unsatisfied with response times of clinical information systems; response times as high as one minute or more

South University Expands With a New Location in Metro Detroit

University's New Novi Campus Slated to Begin Classes in October 2010

Plunkett Cooney Says Increased Regional Cooperation and Consolidation Can Help Avoid Deeper Service Cuts

Bosch Appoints New CFO, Three Regional Presidents for North American Operations

Bosch has appointed a new chief financial officer and three regional presidents for its North American operations.

Andiamo Detroit presents Free Rockin' on the Riverfront Series for the Fifth Summer

Dave Mason kicks off the free classic rock concert series

Preh Outfits Porsche's 918 Spyder Concept Car With New Center Control System

Preh’s futuristic controls mirror Porsche’s stylistic advances.

Henry Ford Macomb Hospitals Golf Classic

The Detroit Golf Club hosted the 2010 Macomb Golf Classic on June 28, a benefit for Henry Ford Macomb Hospitals. The all-day affair included a continental breakfast, a skills clinic, 18 holes of golf, cocktail reception, and dinner program.

TRW Continues Growth in Fuel Saving Electric Power Steering Technologies

Mustang V-6 Averages 48.5 mpg; Runs 1,457 Laps at Bristol on a Single Tank of Gas

BorgWarner Combines R2S® and VTG Turbocharging Technologies for Powerful New Diesel Engines

Combining BorgWarner's Advanced Turbocharging Technologies Significantly Boosts Performance and Helps Improve Fuel Economy up to 4%

Blue Cross Blue Shield of Michigan Reaches Goal

Blue Cross Blue Shield of Michigan Designates More than 1,800 Physicians in Nation's Largest Patient-Centered Medical Home Program making Michigan the largest PCMH effort in the nation.

1.2 Million Plan Fourth of July Travel, Up From Last Year, Reports AAA Michigan

An estimated 1.2 million Michiganians will travel on vacation during the upcoming Fourth of July holiday, up from last year's 1 million, says AAA Michigan.

Fathead® Acquires Gamer Graffix, Expanding Product Portfolio and Retail Presence

Array of electronic and gaming device products add Real. Big. themes to Fathead Skins

Chevrolet and Microsoft Advertising Rev Up the Test-Drive Experience for New Chevrolet Volt

Chevrolet is the first automaker to launch a multiscreen ad campaign that allows consumers to 'kick the tires' virtually using Kinect for Xbox 360.

Pure Michigan® to set sail with Bayview Yacht Club for 2010 Mackinac Race

North American International Auto Show Announces Initial 2011 Plans

The Timing and Selection Culture…Driven by the Financial Media

The American investor wants to feel as though they have all the available resources at their fingertips instantaneously.

Investor Behavior...One of the Real Risks

Author Nick Murray once said (and continually trumpets): “The dominant determinant of real- life, long-term investment outcomes is not investment performance; it is investor behavior.”

Wine Tasting Party at Bacco Ristorante

Empson Estates held a wine tasting event on June 17 at Bacco Ristorante in Southfield. The pouring, which drew several dozen wine and food experts, included Barolo and Barbaresco, often referred to as the King and Queen of Italian wines. Photos by Nick Martines.

Jay Leno's Big Dog Garage

A day with Richard Petty among once-in-a-lifetime experiences up for auction at Inaugural Walter P. Chrysler Legacy Gala Saturday, July 24

Cover Michigan 2010 Finds Health Safety Net Still Critical Despite Health Reform

Center for Healthcare Research & Transformation report shows challenges in access and cost; presents a picture of health coverage under reform

New Economy Initiative Awards $3 Million to Business Accelerator Network for Southeast Michigan

Network will focus on attracting and retaining business in southeast Michigan

Detroit Zoological Society's Sunset at the Zoo

More than 2,000 people attended Sunset at the Zoo at the Detroit Zoo on June 18, which helped raise renovation funds for the Detroit Zoo's Lion Habitat. The 2010 event, called "King of the Jungle," included a strolling supper and dessert reception, live entertainment, and a live auction.

J.D. Power: Ford Brand Now Has the Highest Initial Quality Among All Non-Luxury Brands in the Industry

Chrysler Group LLC Is First Automotive Company to Introduce Vehicle-information Apps

Free New Feature First Available on All-new 2011 Jeep® Grand Cherokee

Detroit River Days w/ Fay Alexander Nelson

Faye Alexander Nelson, CEO of the Detroit Riverfront Conservancy, has led the charge in transforming the once industrial-dominated banks of the Detroit River into a cultural and entertainment oasis. Already, three miles of parks, a River Walk, and entertainment areas have been completed, which has proved to be an economic stimulus for area hotels, restaurants, and retail outlets. And the best news: More development is on the way.

Ronald McDonald House Wine in the Garden Party

Donors and patrons were treated to a country style barbecue on June 17 at the Ronald McDonald House at the Detroit Medical Center adjacent to Children's Hospital of Michigan. The event helped raise funds to provide a home environment and support services to parents with hospitalized children.

EyesOn Design and the DIO Celebrate Father's Day Weekend in Iconic Style

EyesOn Design and their partners will host their final two events in support of the Detroit Institute of Ophthalmology this weekend.

Rio Tinto to Invest $469 Million in Development of Kennecott Eagle Nickel and Copper Mine and Milling Facility

Kennecott Eagle Minerals Company today announced that its parent company, Rio Tinto, will invest $469 million in the construction of the Eagle nickel and copper project located northwest of the City of Marquette, Michigan (USA) in Michigan's Upper Peninsula.

Smart Green Products and Technologies Developed in Taiwan at TAIFE 2010 in Novi

Automotive International Forum & Exhibition Introduces Smart Green Products and Technologies Developed in Taiwan at TAIFE 2010 in Novi

PPG Launches First Use of Next Generation Automotive Waterborne Paint Process in the U.S.

PPG Industries (NYSE:PPG) , the world's leading manufacturer of transportation coatings, has launched the first use of its next generation B1:B2 waterborne paint technology in the United States.

CareTech Solutions Names Two Detroit Medical Center Executives to Its Board of Directors

Mike Duggan and Jay Rising Elected to Board during CareTech's Annual Board Meeting

Federal-Mogul Acquires Daros Group to Strengthen Global Market Leadership in Industrial Piston Rings

Combined Industrial Piston Rings Business Expands Company's Global Presence and Leading Portfolio of Growing Energy, Industrial and Transport Products

DFCU Financial and MidWest Financial Credit Union to Merge

Thomson Reuters Paper Charts Course to Eliminating $3.6 Trillion in Healthcare Waste in a Decade

The U.S. healthcare industry can eliminate $3.6 trillion in healthcare waste over the next 10 years by addressing a series of operational inefficiencies, according to a white paper published today by Thomson Reuters.

Esperion Therapeutics and Cleveland Clinic Establish Collaboration for Research Related to HDL Therapies

Program involving leading researchers in HDL will work to advance multiple development programs targeting new therapies to treat cardio-metabolic disease.

Beringea Invests in Digital Audio Specialist Livio Radio

Beringea, Michigan’s largest venture capital firm has invested in Ferndale, Mich.-based Livio Radio, a leading developer of Internet radio devices and smartphone applications.

Garden Party at the Academy of the Sacred Heart

More than 200 people attended The Garden Party at the Academy of the Sacred Heart in Bloomfield Hills on June 13 to raise funds for the Children's Leukemia Foundation of Michigan and Oakland Community College's Culinary Studies Institute. More than 30 restaurants were featured, including Andiamo, Ocean Prime, Red Coat Tavern, and the Rugby Grill.

The Henry Ford Announces Plans for New Racing Exhibition in Henry Ford Museum

The Henry Ford is planning to build a $15 million exhibition covering the history and innovation of American auto racing, it was announced by Patricia Mooradian, president of The Henry Ford.

2010 Red Bull Air Race over the Detroit River

The Red Bull Air Race took place in Detroit and Windsor on June 5-6, and included a VIP Party at Reliv in downtown Detroit. The top three racers, in order, were Austria's Hannes Arch, Britain's Paul Bonhomme, and American Kirby Chambliss.

Inventor of the QR Code Develops a New Reader Application

DENSO WAVE Launches a New App for the Apple iPhone

Ernst & Young Entrepreneur Of The Year 2010 award winners in Michigan and Northwest Ohio

Ernst & Young LLP is pleased to announce the winners of the Ernst & Young Entrepreneur Of The Year® award in Michigan and Northwest Ohio. This group of leading entrepreneurs was selected by an independent judging panel made up of regional business, academic, and community leaders. The winners were revealed at a gala event on June 10 at The Henry in Dearborn (formerly the Ritz-Carlton Hotel).

Valeo Opens First Manufacturing Plant in Michigan

Valeo, a leading global automotive supplier, celebrated the opening of its first manufacturing plant in Michigan on June 10. Governor Jennifer M. Granholm, industry executives, and plant employees attended the event to commemorate Valeo’s commitment to manufacturing in Michigan as well as the creation of 125 new jobs through the Michigan Works! Association.

TriMas' Norris Cylinder Announces Closing of Bolt-On Acquisition

Iconic Dearborn Hotel Becomes the Midwest's First Autograph by Marriott Property

The Henry, an upper upscale hotel, retains the Ritz-Carlton service level with a more contemporary feel

Continental Forges Technology Alliance with Six Partners and Demonstrates AutoLinQ(TM) Apps

Continental today announced AutoLinQ(TM) development alliances with technology partners including Deutsche Telekom, INRIX, Navigon, NAVTEQ, Pandora and Ygomi. At the Telematics Detroit 2010 conference, Continental is featuring an AutoLinQ(TM) demonstration vehicle that includes select applications designed in collaboration with its partners to make driving safer, more eco-friendly and convenient.

Federal-Mogul's Advanced Wiper Blade Connection System Provides Easy and Efficient Installation Solution

Federal-Mogul Corporation's (NASDAQ:FDML) Bayonet Connection System for flat blade wipers has emerged as the choice in premium wiper blade technology. The innovative flat blade system enables vehicle manufacturers to deliver a superior wiping solution that is extremely effective and easily installed by automotive professionals and consumers alike.

Azure Dynamics Announces Strategic Investment by Johnson Controls

Azure Dynamics Corporation (TSX: AZD)(OTC:AZDDF) ("Azure"), a world leader in the development and production of hybrid electric and electric components and powertrain systems for commercial vehicles, announced today that it has entered into an agreement with a wholly-owned Canadian subsidiary of Johnson Controls Inc. ("Johnson Controls"), pursuant to which such Canadian subsidiary has subscribed for and agreed to purchase, on a private placement basis, 21,080,000 common shares of Azure at a price of CDN$0.30 per common share for gross proceeds of CDN$6,324,000 (the "Equity Investment").

Brooks Kushman Promotes IP Veteran Sparschu to Head of Trademark Group

Mark Sparschu to Lead 25-Member Team

Wayne State University researcher recommends dramatic shift in cancer research

New study supports a move from gene to genome-based studies

TAIWAN FULLY CHARGED!

Automotive International Forum & Exhibition Introduces Smart Green Products and Technologies Developed in Taiwan at TAIFE 2010 in Novi

Federal Bailout for GM, Chrysler Still Resonates With Consumers, According to New Cars.com Survey

By not Taking a Bailout, Ford Benefits the Most

EyesOn Design and The Detroit Institute of Ophthalmology

Three Unique Events in June.

BAS TECHNOLOGIES AND AMERICAN LABOR SOLUTIONS MERGE TO FORM IMPACT 

BAS Technologies and American Labor Solutions, two customized, staffing solutions firms previously based in Novi, Mich., have merged to form Impact Management Services (Impact), to better demonstrate the enduring and positive effect that the company’s unique approach to human resource initiatives has on a client’s business.

Champions for the Kids VIP Dinner at Townsend Hotel

Norman Yatooma's Foundation For the Kids held its' fifth annual Champions for the Kids VIP Dinner and Auction at the Townsend Hotel on June 6th.

Chip McClure Elected First Vice Chair of Detroit Regional Chamber

Goal to Renew Detroit Regional Chamber Focus on Manufacturing

University of Michigan Wolverine Venture Fund Invests in Delphinus Medical Technologies

Student-Led Venture Fund Participates in $8 Million Series A Round of Financing led by Co-Investor Arboretum Ventures

AutoTrader.com Cross-Shopping Data Shows Majority of New Mercury Buyers May Gravitate to Ford if Mercury Brand is Shut Down

Chevy, Hyundai, and Honda are Next in Line

GM Creates Venture Capital Subsidiary

Move helps Automaker Exploit Technology

BravoBravo! at Detroit Opera House

BravoBravo! 2010 Destination Fashion held its' 11th annual party at the Detroit Opera House on June 4th. The event included fashion, music, and tastes. All proceeds benefited the Michigan Opera Theatre.

Andiamo Novi: Elvis Presley Tribute

Joe Vicari, CEO of Andiamo Restaurants, and his team wrote, produced, and directed "Don't Be Cruel: The Life and Times of the King," a live theatrical retrospective of the remarkable career of Elvis Presley. The show at Andiano Novi Theatre, which stars Max Pellicano as The King, offers a lesson in converging dining and entertainment to drive new business.

Tapping Pixar's Creative Spirit

Author and business consultant Bill Capodagli says companies and individuals can boost their results by adhering to a memorable story line, whether for a new product launch, business startup, or customer service campaign. In his new book, "Innovate The Pixar Way: Business Lessons from the World's Most Creative Corporate Playground," which he co-wrote with Lynn Jackson, Capodagli talks about what companies can learn from Pixar.

Judge Damon J. Keith Drives Civil Rights

After recently breaking ground on the Damon J. Keith Center for Civil Rights at Wayne State University Law School in Detroit, Keith addressed the reasons for the Center and what future visitors can expect to see when the facility opens in 2011.

Rock Financial Showplace to be Renamed

Five-year anniversary coincides with naming right opportunity

MEADOW BROOK HIGHLIGHTS MOTOR CITY TRENDSETTERS

Concours d'Elegance to be held July 25

One Reverse Mortgage Introduces Award-winning Actor and Author Henry Winkler as Company Spokesperson

Company is part of Dan Gilbert's Rock Holdings Inc.

Salon Success: A Metro Detroit Company Goes Global

It's a 10 Inc. launched an unbeatable hair care line.

Detroit Regional Chamber, JB&A Release Seventh Annual Leadership Survey Findings

Poll Shapes Discussion, Business Agenda at Mackinac Policy Conference

LOMBARDO HOMES RECOGNIZED AS ONE OF THE NATION’S TOP 100 BUILDERS

ACCORDING TO RECENT INDUSTRY RANKINGS

Lewis & Munday names new President and CEO

Blair Person is 23-year veteran of firm

There’s No Magic Pill

Gratification is brought on by discipline and hard work.

Genisys Credit Union and Cleary University Form Strategic Business Alliance

Partnership provides tuition discount for Genisys employees and members

DETROIT TIGERS FOUNDATION AWARDS NEARLY $250,000 IN GRANTS

18 ORGANIZATIONS RECEIVED CHECKS SUNDAY DURING PREGAME CEREMONY

Black and Blue Ball at MGM Grand Detroit

The Muscular Dystrophy Association held its 2010 Black and Blue Ball at the MGM Grand Detroit on May 15.

Duffey Petrosky Named Lead Agency for Multiple Business Units of Chrysler Group LLC

Award of Business Launches Growth and Expansion to the Agency

Mercedes-Benz Cars Confirms Return-on-Sales Target of 10 Percent

Mercedes-Benz Cars anticipates higher EBIT in the second quarter of 2010 than in the first - Chairman of Daimler's Board of Management Dr. Dieter Zetsche: "China is increasingly becoming the center of gravity of the automotive industry and has recently become Mercedes-Benz Cars' third-largest sales market."

Americans Show More Confidence in Their Ability to Access and Pay for Healthcare, According to Thomson Reuters Index

Americans' confidence in their ability to access and pay for healthcare bounced back in April after dipping in February and March, according to a new consumer sentiment index from Thomson Reuters.

Baronette Renaissance Hotel Grand Opening Gala

Following a multi-million-dollar renovation, which includes the new Toasted Oak Grill & Market, the new Baronette Renaissance Detroit-Novi Hotel held a grand opening gala.

Toby Keith Bar Opens at Great Lakes Crossing

Country music star Toby Keith held a grand opening celebration for his I Love This Bar and Grill at Great Lakes Crossing in Auburn Hills.

St. John Providence Health System Taste Fest

The Macomb-Oakland Hospital Taste Fest was held May 26 at the Polish Century Club in Warren.

Wylie Studios Commits to Detroit Area

Global Renaissance Entertainment Group Inc. (GREG) will build its movie studios in the Detroit area, CEO Arthur Wylie announced.

Consumers Energy, Principal Subsidiary of CMS Energy, Announces It Is Deferring Development of Clean Coal Plant in Michigan

Consumers Energy, the principal subsidiary of CMS Energy, announced today that it is deferring the development of the 830-megawatt clean coal power plant that it planned to have in operation in 2017.

Blue Cross Blue Shield of Michigan Anti-Fraud Efforts Recoup and Save More Than $277 Million Since Inception

Blue Cross Blue Shield of Michigan's health care fraud investigation unit, the oldest and most successful health plan operation of its kind in the U.S., saved or recovered nearly $277 million since it first began operation nearly 30 years ago, including $15 million in savings in 2009.

Michigan Wine Exposition at Rock Financial

The Detroit Wine Organization, in partnership with other industry leaders, held the 2010 Michigan Wine Expo at Rock Financial Showplace in Novi.

Judge Damon J. Keith Groundbreaking

Numerous luminaries including U.S. Attorney General Eric H. Holder, A. Alfred Taubman, and Edsel B. Ford, broke ground for the Damon J. Keith Center for Civil Rights at Wayne State University Law School in Detroit.

Beyond Basics at Atheneum Hotel

The annual dinner for Beyond Basics, a nonprofit organization that pairs certified tutors with students in four Detroit Public Schools who have fallen behind in reading and writing.

Detroit Lions Bocce Tournament

The Detroit Lions, paired with business leaders and celebrities, helped raise $75,000 for organizations affiliated with the Detroit Lions Charities.

Thomson Reuters Unveils Groundbreaking New Accounting Platform

Accounting CS(TM) redefines workflow and client/accountant collaboration.
Edit ModuleShow Tags

Business Features

House of Rock

In 1985, Dan Gilbert invested $5,000 he earned delivering pizzas and created what’s now the nation’s largest online mortgage company. Along the way, he’s invested in more than 20 other companies, including majority ownership of the NBA’s Cleveland Cavaliers. So what’s he doing for an encore?

Champions of the New Economy 2010

Detroit’s inventive spirit gave birth to the global automotive industry more than a century ago. Since then, thousands of other successful businesses have been created, many of them dominant players in their respective sectors.

University, Inc.

Seeking to create a new business model to offset a steady drop in state support while holding the line on annual tuition increases, Wayne State University’s emerging science and technology park, TechTown, has attracted or helped create more than 120 growth-minded companies. And more high-tech businesses are on the way.

Revival of the Fittest

Patiently waiting for an economic recovery, northern Michigan’s resorts aren’t just resting on their laurels.

Disaster and Recovery

When adversity strikes, a Sterling Heights firm uses stress-management techniques to soothe anxiety and mitigate tension.

Mr. Inside and Mr. Outside

A consolidation wave in the residential brokerage industry is paying dividends for a real-estate sales firm in Birmingham.

Brand of Brothers

Returning to the gourmet-market business their father and uncle pioneered in Detroit more than 35 years ago, Peter and Michael Solaka are out to build a loyal following.
Edit ModuleShow Tags Edit ModuleShow Tags

From the Magazine

Succeeding Granholm

Michigan’s next governor will face extraordinary — and unprecedented — challenges.
Edit Module Edit Module