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Gov. Snyder Launches $100M Marshall Plan for Talent in Detroit

Michigan needs to make dramatic, innovative changes to the way it prepares people for careers to address an expanding talent gap in key industries, Gov. Rick Snyder said Thursday, unveiling his Marshall Plan for Talent at the Michigan Science Center's engineering theater in Detroit's Midtown district.

Troy's United Wholesale Mortgage Named Nation's No. 1 Wholesale Lender For 3rd Year In A Row

United Wholesale Mortgage, a division of Troy's United Shore Financial Services, was named the No. 1 wholesale mortgage lender for residential loans in the U.S. for 2017, according to Inside Mortgage Finance, a trade publication.

Valassis in Livonia Launches Digital Solution That Retargets Website Visitors

Valassis in Livonia, which activates consumers through intelligent media delivery, today announced the launch of Valassis Remarketing Activation (VRA) to identify, target, deliver, and track personalized promotional messages based on online activity and offline data.

New Café, FOLK, To Open In Corktown This Spring

FOLK, an artisanal café, is slated to open this spring in Detroit's Corktown district. The menu is inspired by the global and cultural backgrounds and travels of owners Kiki Louya and Rohani Foulkes, and will feature seasonal, made-from-scratch comfort foods. The 24-seat café will be located at 1701 Trumbull Ave. Suite B.

Denso Corp. in Southfield Invests In California IoT And Automotive Cybersecurity Company Dellfer

Japan-based Denso Corp., which operates its North American headquarters in Southfield, has announced an investment in Dellfer, a California-based IoT (Internet of Things) and automotive cybersecurity startup.

New Research On The Gig Economy Could Offer Insights For Independent Workers

New research on the gig economy has the potential to help show people how to thrive as independent workers, according to researchers Sue Ashford from the University of Michigan in Ann Arbor, Gianpiero Petriglieri of INSEAD, a French business school, and Amy Wrzesniewski of Yale University. Those who work in the gig economy are paid by companies for specific tasks on a contract basis (freelance work).

Ford Announces Changes In Senior Management, Raj Nair, President of North America, Leaving Company

Dearborn-based Ford Motor Co. today announced changes to its senior management team. In turn, on Wednesday it was announced Raj Nair, executive vice president and president, North America, was leaving the company effective immediately due to reports of inappropriate behavior.

California's AutoPacific Forecasts A Drop In U.S. Light Vehicle Sales

California's AutoPacific, an automotive consulting firm, forecasted 16.9 million light vehicles will be sold in the U.S. in 2018. This is down approximately 300,000 units from 2017 sales. AutoPacific officially announced its forecast today.

2018 Business Leaders Outlook Survey Shows Midwest And Manufacturing Industry Expect To Benefit From Federal Tax Cut, National Optimism At All-time High

Almost 1,700 companies across the nation completed the 2018 Business Leaders Outlook survey from JPMorgan Chase & Co., with most expressing optimism for the economy. In the Midwest, 71 percent of executives said they expect to benefit from the federal tax overhaul, which was signed into law on Dec. 22, 11 days before the survey began. The law slashed the corporate tax rate to 21 percent.

Detroit-based Shinola President Leaves Company, New President Named

Shinola in Detroit today announced the departure of Jacques Panis as president. He has been with the company since it started in 2011. Shannon Washburn, current vice president of watch development, will be the next president.

Trimble RTX Technology Plays Key Role In Detroit-based General Motors' Super Cruise

Trimble announced details today regarding Detroit-based General Motors' use of Trimble RTX technology as the GNSS/GPS correction source for vehicles equipped with GM's Super Cruise hands-free high way driving system.

Kresge Foundation in Troy Supports Reopening of Detroit's Only Campground

Detroit's only campground, Scout Hollow in Rouge Park on the far west side, will reopen this spring to create overnight group-camping opportunities for city youth. It has been closed for more than a decade.

Krytronx in Novi to Distribute $100M in Free Smart Sensors for Manufacturing Industry

Krytronx in Novi and its iToolTag platform, which wirelessly tracks sensors placed on manufacturing tools, industrial equipment, vehicles, and other components, today announced it will invest $100 million to provide free worldwide installation of its blockchain-based iOT (Internet of Things) asset tag product line.

Detroit-based Ally Ventures Invests In Georgia-based Greenlight Financial Technology

Detroit's Ally Ventures, the strategic investment arm of Ally Financial Inc., today announced it has made an investment in Greenlight Financial Technology Inc., an Atlanta-based company that offers a debit card for children, teens, and college students.

Troy-based Delphi Reports Revenue of $4.8B For 2017

Delphi Technologies, a global company with its North American headquarters in Troy, today reported its revenue for 2017.
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More »From the Magazine

The Century Club

From linen services to packaging and construction companies, and from selling furs to machine bearings, DBusiness pays tribute to companies that are 100 years old or more.

Hudson Man

Roy D. Chapin’s golden touch and prodigious talents propelled the fledgling auto industry.

PDA: Q&A Craig Erlich

Senior Vice President and General Manager, Detroit and Nashville, George P. Johnson Experience Marketing

Hi-Fi to Wi-Fi

A technology firm in Dearborn is a harbinger of cutting-edge digital systems and services.

Moving the Metal

Metro Detroit has the highest lease rate of cars and trucks in the nation — a market condition that challenges dealers and automakers to move vehicles at sometimes-reduced profit margins.

Wheels Up

Brute Force

Aftermarket equipment for the 4WD industry spreads its wings.

Opinion: Setting the Pace

A new alternative-financing program to develop the commercial property industry is driving economic growth in Michigan.

Heart Smart

Pow! Bang! Splat!

How the geek culture movement, ex-pat artists, superhero movies, and children weary of video games are propelling local comic shops to new heights.

iGo, You Go

A global navigation provider based in Birmingham taps the domestic auto industry.

Renaissance Man

Birmingham native partners with Google and launches Sidewalk Labs.

Compendium News Links More »

The Outside Media Opine on the Motor City

If Obama Had Carter's Courage . . .

Source: The Wall Street Journal online

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