Edit ModuleShow Tags
Edit Module
Edit ModuleShow Tags

More »Daily News

Ann Arbor’s Amesite Inc. Announces Closing of $5.5M Private Placement Financing

Ann Arbor’s Amesite Inc., a development-stage artificial intelligence software company targeting the college course market, Thursday announced the closing of a $5.5 million private placement financing, including about $1 million from insiders, and the completion of a go-public transaction through a reverse merger with Lola One Acquisition Corp.

Jackson’s Consumers Energy Plan Outlines Path to Zero Coal Usage

Consumers Energy in Jackson has announced it will file an integrated resource plan this week with the Michigan Public Service Commission that outlines the path to using zero coal while ensuring affordable and reliable energy.

Jefferson Beach Marina in St. Clair Shores and Toledo Beach Marina in La Salle Acquired by Dallas Company

Safe Harbor Marinas in Dallas has announced the acquisition of two marinas in Michigan – Jefferson Beach Marina in St. Clair Shores and Toledo Beach Marina in La Salle. Terms of the deal were not disclosed.

Dearborn’s ChannelNet Partners with Canada’s White Clarke Group to Provide Financing Software

ChannelNet in Dearborn, a digital engagement company, Thursday announced a partnership with White Clarke Group, a finance technology company in Ontario, to offer an end-to-end financing solution to the global asset finance market.

Entrepreneurs Compete for $1.2M in Funding From Detroit’s Quicken Loans

More than 500 Detroit business owners who applied to pitch at Quicken Loans Detroit Demo Day has been narrowed down to 15 finalists, who will take the stage at the Music Hall for Performing Arts on June 22. Seven winning companies will receive a total of $1.2 million in funding from Quicken Loans.

Horizon Global Corp. in Troy Terminates Brink Group Acquisition Agreement

Troy’s Horizon Global Corp., a manufacturer of branded towing and trailering equipment, today announced it and H2 Equity Partners in the Netherlands have mutually agreed to terminate the Brink Group acquisition agreement, effective June 14. As part of the termination agreement, Horizon Global agreed to pay a break fee to the Brink Group of €4.75 million.

Dearborn’s Ford Introduces Two Fuel-efficient Taxis

Ford Motor Co. in Dearborn today unveiled two taxis: the 2019 Transit Connect Taxi, which has a diesel engine, and Ford’s most fuel-efficient, purpose-built taxi – the 2019 Fusion Hybrid Taxi.

Plymouth Township’s Varroc Group and Varroc Lighting Systems Open Tokyo Office

Varroc Lighting Systems, a Plymouth Township-based global exterior vehicle lighting supplier, along with its parent company, Varroc Group, is opening a customer and business development center in Tokyo.

East Lansing’s MSU Releases Genetic Engineering Kit for Biofuel-producing Algae

Scientists at East Lansing’s Michigan State University have released a new genetic engineering toolkit for the algae species Nannochloropsis oceanica, which is of interest for the production of biofuels and other oil-based chemicals.

New Workspace Opens With Detroit Artists’ Test Lab

Detroit Artists’ Test Lab, a 12,000-square-foot incubator and gallery space, is now open. Located at 14600 Mack Ave. on Detroit’s east side, the space includes a 2,500-square-foot professional photography studio, a 3,500-square-foot event/gallery space, and a podcast studio for rent.

Auburn Hills’ Dodge Announces Fourth Annual Legal Drag Racing at M1 Concourse in Pontiac

Auburn Hills’ FCA Wednesday announced its fourth annual Roadkill Nights Powered by Dodge, a day of legal drag racing and thrill rides scheduled for Saturday, Aug. 11 at the M1 Concourse in Pontiac.

Detroit Startup Equips Consumers with Digital Car Lease Calculator

Detroit startup Lease Riot has launched a new way to create, customize, and compare new car lease prices on its site, LeaseRiot.com.

Proposed Regional Mass Transit Plan Draws 62% Approval Rating in New Poll

The Regional Transit Authority of Southeast Michigan today released the results of a survey of southeast Michigan residents that shows strong support for the proposed Connect Southeast Michigan transit plan across Macomb, Oakland, Washtenaw, and Wayne counties.

Dearborn’s Ford Introduces Hybrid Police Interceptor Utility

Ford Motor Co. in Dearborn Tuesday introduced its Police Interceptor Utility, the industry’s first pursuit-rated hybrid SUV. The SUV offers improved pursuit performance, lower operating costs, and all-wheel drive. The hybrid batteries are placed so they don’t compromise passenger or cargo space.

Plymouth Township’s HELLA Expands in Mexico

HELLA in Plymouth Township, which is expected to open a new administrative and technical center in Northville Township at the beginning of 2019, Monday announced it has expanded its production capacities in the NAFTA region with a new plant in Mexico.
Edit ModuleShow Tags Edit ModuleShow Tags Edit ModuleShow Tags Edit ModuleShow Tags

More »From the Magazine

Case Study

Huron Capital Partners, a private equity firm in Detroit, has developed an acquisition platform that drives operational efficiencies through an in-house buy and build strategy.

Speaking Up

Data Mine

PDA Q&A: Linzie Venegas, E-Interview

Vice President, The Ideal Group, Detroit

Two of a Kind

A husband-and-wife team helps raise millions of dollars for two cultural icons in Detroit.

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

Play Ball

How a former landfill in Utica became a luxury stadium for a new minor-league baseball league.

Life Boost

Two executives develop a new product to dispense liquid vitamins.

David vs. Goliath

Detroit native Jules Pieri transcends the established toy industry with The Grommet

Urban Life

Final Exam

Young CEO of the Year helps students with innovative study-skills program.

Compendium News Links More »

The Outside Media Opine on the Motor City

If Obama Had Carter's Courage . . .

Source: The Wall Street Journal online

Edit Module
Edit Module Edit Module

Detroit 500

Edit ModuleShow Tags

Events

Edit Module

Event Submission

If you would like to submit an event to our calendar, please email Michael Larson with the event information.

Edit Module
Edit Module Edit ModuleEdit Module

Edit Module
 

Edit ModuleShow Tags