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Small Business Group Says Minimum Wage Increase Will Cost the State 183,000 Jobs, Reduce Real Output by $76B

The Lansing branch of the National Federation of Independent Business (NFIB) has concerns a ballot proposal to increase Michigan’s minimum wage would cost the state 183,000 jobs if it became law, the group announced today.

Detroit’s Wayne State University Helps Develop Design Technique for Microsensors With Extremely Small Footprints

Researchers at Detroit’s Wayne State University have developed a new technique for designing microsensors that allow for significantly enhanced sensitivity and a very small footprint. The findings were published last week in Nature Electronics.

Roush CleanTech in Livonia Extends Alternative-fueled School Bus Partnership

Livonia’s Roush CleanTech, an alternative fuel vehicle technology company, has extended its alternative-fueled school bus partnership with Georgia’s Blue Bird Corp., an independent designer and manufacturer of school buses, through 2025.

Veterinary Ophthalmologist at East Lansing’s MSU to Research Whether Gene Therapy for Dogs Can Prevent Human Blindness

A veterinary ophthalmologist at East Lansing’s Michigan State University has received a five-year, $8.2-million grant to research whether a gene therapy that prevents blindness in dogs can be applied to humans, the school reported Friday.

Ann Arbor’s Duo Security Partners with Virginia’s OPAQ Networks to Create a Security-as-a-service Platform

Duo Security in Ann Arbor, a company that helps defend organizations against cyber breaches through its cloud-based product, has partnered with Virginia’s OPAQ Networks, a security cloud company, to integrate Duo with the OPAQ security-as-a-system platform. OPAQ managed security services partners can now offer Duo’s Trusted Access platform to protect its customers’ systems and data from unauthorized access.

Blog: More Companies Should use Rotational Programs to Attract Talent, Provide Opportunity

College seniors across the country have graduated from their respective schools and have become the newest wave of prospects eager to join the workforce. A good number of graduates likely have jobs lined up already, while even more will still be on the hunt to get their foot in the door of specific companies. Companies have to do more in light of the intense competition for talented workers and college graduates — and rotational programs are a great option.

Continental in Auburn Hills Increases Investment in Silicon Valley Company

Auburn Hills technology company and automotive supplier Continental Thursday announced it is increasing its investment in DigiLens Inc., a company in Silicon Valley specializing in holographic waveguide projection technology. Continental will hold close to 18 percent of DigiLens after its Series C financing round.

Unison, a Data Analytics Firm in Birmingham, Acquires Brand Machine in Troy

Birmingham’s Unison, a data analytics company, today announced it has acquired Troy’s Brand Machine, a brand solution company. The deal closed on May 15. Details of the transaction were not disclosed.

Report: Home Sales Down Year-over-year in Metro Detroit, Sales Prices Rise

Metro Detroit home sales are down 6.6 percent year-over-year while the median sales price is up 6.1 percent, according to RE/MAX of Southeastern Michigan’s April report, released Thursday.

Exponential ETFs in Ann Arbor Attracts More Than $50M to its Flagship Fund

Ann Arbor’s Exponential ETFs, an exchange-traded fund issuer, Thursday announced its flagship fund, the American Customer Satisfaction ETF (ACSI ETF), has attracted more than $50 million in new assets.

Ann Arbor’s NSF International Named Program Manager for Agriculture Certification Program

Ann Arbor’s NSF International, a global public health and safety organization, has been named the program manager for the Regenerative Organic Certified (ROC) program, a holistic agriculture certification focused on pasture-based animal welfare, fairness for farmers and workers, and requirements for soil health and land management.

5Q: Patrick Rugiero on the Spark of Hope Tribute Gala Fundraiser

Patrick Rugiero, executive director of the Roman Village Restaurant Group, which includes Roman Village Cucina Italiana in Dearborn and Antonio’s Cucina Italiana locations in Dearborn Heights, Canton Township, and Farmington Hills, is chairman of the Life Directions 45th Annual Spark of Hope Tribute Gala fundraiser.

Ford Restarts F-150 Production At Dearborn Plant, Partners With Navigation App Waze

Ford Motor Co. in Dearborn today announced it was resuming F-150 production earlier than expected after a shutdown caused by a fire at a key supplier plant, and that it was partnering with the popular navigation app, Waze.

Report: Detroit and Grand Rapids Regions Record High Year-over-year Home Sales Growth

Detroit and Grand Rapids are among the top regions in the United States with the highest year-over-year growth in home sales in April, up 18.3 percent in Grand Rapids and 15.5 percent in Detroit, according to a new report by Redfin, a real estate brokerage based in Seattle.

Renaissance Venture Capital Fund in Ann Arbor Closes $81M Fund III

Renaissance Venture Capital Fund in Ann Arbor announced it has closed its third fund with $81 million of new capital. The fund has raised $205 million since it opened in 2008, making it the largest network fund of its kind in the United States.
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More »From the Magazine

Detroit Makeover

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National Director, Project Accelerate, Birmingham

Hall of Lenders

Longtime mortgage provider David Hall returns to his roots.

Digital Recruiter

A new online platform based in Troy creates visual job postings in minutes.

Opa! Olga

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Compendium News Links More »

The Outside Media Opine on the Motor City

Epiphany in Dearborn

Source: The Economist

Charged for Battle

Source: Bloomberg Businessweek

Detroit's Class Act

Source: Fortune

Whitacre's Crash at General Motors

Source: Financial Times

Detroit, Part One

Source: The Polis Blog

Dome Sweet Dome

Source: Bloomberg Businessweek

Another Chance for Alfa Romeo

Source: Financial Times

Alan Mulally’s Asian Sales Call

Source: Bloomberg BusinessWeek

Ed Whitacre's Battle to Save GM from Itself

Source: Bloomberg Businessweek

Thinking About Shrinking

Source: The Economist

Can China Save GM?

Source: Forbes Magazine

Hard Choices: Domino's CEO J. Patrick Doyle

Source: Bloomberg Businessweek

Signs of Hope

Source: NYTimes.com

25 Best Places to Retire

Source: CNN Money

Mayor Courts Resistance in Detroit

Source: The Wall Street Journal

The Triumph of Optimism

Source: Economist.com

Henderson's Strategy to Fix GM

Source: Businessweek.com

Mayor Courts Resistance in Detroit

Source: The Wall Street Journal online

How Marchionne Will Run Fiat-Chrysler

Source: Businessweek online

The Waxman-Pelosi Follies

Source: The Wall Street Journal Online

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