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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.

Ann Arbor’s ProQuest Adds Over 600 Titles to Digital Early English Books Collection

ProQuest, a global information content and technology company based in Ann Arbor, has added more than 630 scanned image titles to its Early English Books Online collection, which is a digital database that includes works from the dawn of printing in England from 1473 to 1700.
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More »From the Magazine

2016 Champions of the New Economy

For the seventh straight year, Junior Achievement of Southeastern Michigan, in partnership with DBusiness magazine and News/Talk 760 WJR, selected six regional executives who are driving growth in highly competitive industries.

Capital Gain

If area banks backed loans against intellectual property, it would propel Michigan’s video game industry.

PDA Q&A: Glenn Stevens

Stacking Up

Joe H. Schodowski, president and CEO of Shelving Inc. in Auburn Hills, sums up the company’s offerings succinctly: “We rack your world,” he says.

Fiber Wars

Internet companies are racing to provide ever-faster data speeds, but there’s a much larger economic opportunity — hyper quick connectivity is a proven business-attraction tool.

Virtual Anatomy

Researchers at the University of Michigan are taking the science of anatomy into the simulated 3-D world.

Left Behind

Recent news that the Detroit Public Schools are in a financial mess, compounded by buildings that are deteriorating and poorly maintained, is no surprise. The school system has been experiencing self-inflicted duress since the 1970s.


As more Americans approach their twilight years, a new, less invasive procedure for repairing faulty heart valves, called TAVR, offers patients a new lease on life. The only challenge is high costs limit its profitability.

Silver Bullet

If Indiana Jones ran an antiques store, it would be in downtown Rochester.

A Matter of Taste

After earning a business degree from the University of Detroit Mercy, Nick Ritts wanted to acquire an existing restaurant. He conducted a search, and settled on Terry’s Terrace in Harrison Township.

Compendium News Links More »

The Outside Media Opine on the Motor City

Whole Foods' Detroit Gamble

Source: WallStreetJournal.com

Luxury Pickups Stray off The Ranch

Source: The Wall Street Journal

Fiat Tries Again in the U.S.

Source: Bloomberg Businessweek

Detroit Valentine

Source: The New Yorker

Chrysler's Chief Marketer

Source: Bloomberg Businessweek

Reinventing Lincoln

Source: Bloomberg Businessweek

She Drive A Cadillac?

Source: Fast Company

So Cheap, There’s Hope

Source: The Economist

One House at a Time

Source: MetropolisMag.com

Sysco's New System

Source: Fast Company

Art Motors On

Source: W magazine

Sergio’s Star Turn

Source: Forbes

Does America Need Manufacturing?

Source: The New York Times Magazine

Detroit Pushes Back With Young Muscles

Source: The New York Times

Grumpy Old Car Guys

Source: Bloomberg Businessweek

Detroit: City of Hope

Source: Forbes

Rival Bid Pits Detroit vs. Donor

Source: The Wall Street Journal

Dodge Will Test Fiat Alliance

Source: The Wall Street Journal

Dave Bing on Fixing Detroit

Source: Bloomberg Businessweek

Inside a College-Football Tragicomedy

Source: The Wall Street Journal

Technology That Breaks the Car Industry Mold

Source: The Wall Street Journal

Charged for Battle

Source: Bloomberg Businessweek

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