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Re/Max’s July Housing Report Indicates a Sellers’ Market, Prices Jump 8.1%

Re/Max of Southeastern Michigan today released its July housing report, which indicates home sales have decreased 0.6 percent since July 2016. Additionally, the median sales price has increased 8.1 percent to $206,938, and the average number of days on the market has decreased 10 days to a total of 26 days.

Warwick Hills Golf and Country Club in Grand Blanc Poised to Host PGA Tour Champions

Warwick Hills Golf and Country Club in Grand Blanc is poised to host a leg of the PGA Tour Champions tournament, most likely in 2018, with Ally Financial as the main sponsor.

Association for Advancing Automation Reports Major Growth in Robotics Market

The Ann Arbor-based Association for Advancing Automation (A3), a global advocate for the benefits of automating, today announced the results of its research on robotics and automation trends, sales, and growth. The report indicates major growth in several industries, including robotics, motion control and motors, and vision and imaging.

Paralee Boyd Salon to Expand to Midtown Detroit

After opening her first Paralee Boyd Salon in Southfield in 2012, owner Dana White today announced a second location will open next month in Midtown Detroit. Paralee Boyd is a walk-in only salon that specializes in blow-dry treatments for women that have thick, curly hair, but don’t have hours to sit in a salon or time to book their appointments weeks or months in advance.

Chevrolet Colorado ZR2 Makes Competition Debut at Vegas to Reno Race

A modified 2017 production Chevrolet Colorado ZR2 will debut at the annual Vegas to Reno race, which is known as the longest off-road race in the United States. Chad Hall of Hall Racing will compete against 350 contestants in the 550-mile race, which began today at 9:30 a.m. and ends sometime Saturday morning.

Workforce Opportunity Services Launches Learning Center in Detroit

Workforce Opportunity Services (WOS), a non-profit organization dedicated to aligning individuals from underrepresented groups with career opportunities, today announced a new learning center will be established in Detroit.

Henry Ford Allegiance Health in Jackson Joins Henry Ford Cancer Institute in Detroit

Henry Ford Allegiance Health today announced that its cancer program is now part of the Henry Ford Cancer Institute. The affiliation will provide Jackson residents and the surrounding communities with access to advanced technology and enhanced services.

Little Caesars Arena Preview Week Scheduled for Sept. 5-10

Olympia Entertainment has announced details surrounding Little Caesars Arena Preview Week, which will take place Sept. 5-10 leading up to the arena’s grand opening. The future home of the Detroit Red Wings and Detroit Pistons will celebrate an official grand opening on Sept. 12 as singer and musician Kid Rock plays his first of six shows at the venue.

Velocilinx in Auburn Hills Creates Electronics for Smart Home Automation, Mobility

Auburn Hills-based technology company Velocilinx today entered the consumer electronics market as a premium technology retail brand and a leader in the global high-tech electronics market.

Hemingway Coffee Opens Eco-Friendly Operation in Detroit

Detroit-based Hemingway Coffee, is focused on bringing conservation-conscious coffee to the market. Appealing to coffee lovers and outdoor conservation enthusiasts, the brand will donate 1 percent of annual sales to support nonprofit environmental organizations.

X-Rite Launches MetaVue to Improve Retail Paint Color Matching

Grand Rapids-based X-Rite, a global creator of solutions for color science and technology, today announced the launch of MetaVue, a non-contact imaging spectrophotometer for retail paint matching. MetaVue can better match a range of color types from customer samples.

Ford Partners With American Cancer Society for 15th Annual Cattle Baron’s Ball

Ford Motor Co. will host the Cattle Baron’s Ball on Sept. 23 to benefit the American Cancer Society. The 15th annual event will be held at Cobo Center in Detroit. The annual event has raised more than $15 million since 2003.

FCA US to Join BMW Group, Intel, and Mobileye to Develop Autonomous Driving Platform

BMW Group, Intel, and Mobileye today announced the signing of a memorandum of understanding in which FCA US will help develop an autonomous driving platform for global deployment. The development partners intend to leverage each company’s individual strengths and resources to increase efficiency and reduce time to market.

Michigan Ranked Second for Aerospace Manufacturing Attractiveness

An Aerospace Manufacturing Attractiveness Index compiled by global professional services network PricewaterhouseCoopers (PwC) ranked Michigan second nationwide behind Georgia based on a weighted score of category and subcategory rankings including labor, infrastructure, industry, economy, cost, tax policy, and geopolitical risk.

Danialle and Peter Karmanos, Jr. Donate $1M to College for Creative Studies

Danialle and Peter Karmanos, Jr. today announced a $1 million donation to the College for Creative Studies in Detroit to support an endowment for its growing Fashion Accessories Design (FAD) program and student scholarships. Danialle and Peter are also chairing the 36th annual Detroit International Wine Auction to benefit CCS, and their gift is a match to the sponsorship funds raised for the event.
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More »From the Magazine

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Vice President, The Ideal Group, Detroit

Two of a Kind

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Hotel Register

Starting in 1835, the Michigan Exchange Hotel served as the epicenter of important social and business activities in Detroit, before changing tides brought about its end.

Verifiable Match

Biometric identification system developed at Michigan State University takes facial recognition technology to a new level of clarity

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Two executives develop a new product to dispense liquid vitamins.

David vs. Goliath

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Compendium News Links More »

The Outside Media Opine on the Motor City

Whole Foods' Detroit Gamble

Source: WallStreetJournal.com

Fiat Tries Again in the U.S.

Source: Bloomberg Businessweek

Luxury Pickups Stray off The Ranch

Source: The Wall Street Journal

Reinventing Lincoln

Source: Bloomberg Businessweek

Chrysler's Chief Marketer

Source: Bloomberg Businessweek

Detroit Valentine

Source: The New Yorker

She Drive A Cadillac?

Source: Fast Company

One House at a Time

Source: MetropolisMag.com

So Cheap, There’s Hope

Source: The Economist

Sysco's New System

Source: Fast Company

Art Motors On

Source: W magazine

Does America Need Manufacturing?

Source: The New York Times Magazine

Sergio’s Star Turn

Source: Forbes

Detroit Pushes Back With Young Muscles

Source: The New York Times

Grumpy Old Car Guys

Source: Bloomberg Businessweek

Dodge Will Test Fiat Alliance

Source: The Wall Street Journal

Rival Bid Pits Detroit vs. Donor

Source: The Wall Street Journal

Detroit: City of Hope

Source: Forbes

Dave Bing on Fixing Detroit

Source: Bloomberg Businessweek

Charged for Battle

Source: Bloomberg Businessweek

Technology That Breaks the Car Industry Mold

Source: The Wall Street Journal

Epiphany in Dearborn

Source: The Economist

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