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2018 Business Leaders Outlook Survey Shows Midwest And Manufacturing Industry Expect To Benefit From...
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.
NSF International, based in Ann Arbor, launched the first DNA Authenticated mark to verify the identity and purity of raw ingredients in dietary supplements. A testing protocol and verification program for raw botanical ingredients used in the dietary supplement industry was also launched.
Bosch, which operates a large technical center in Farmington Hills, today announced it has acquired Splitting Fares Inc. (SPLT), a ridesharing startup in Detroit. SPLT's platform allows companies, universities, and municipal authorities to offer their workforces ridesharing services. The purchase price and details of the acquisition were not disclosed.
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.
Home sales in January in metro Detroit fell 3.4 percent to 3,080 units, as compared to 3,187 sales in the same period last year, according to RE/MAX of Southeastern Michigan in Troy. During the same period, the median sales prices rose 6.8 percent to $186,007, from $174,219 in January 2017.
Dearborn’s EnvisionTEC and Arizona’s AvaDent Digital Dental Solutions Partner to Offer Dentures Made Digitally
Dearborn-based EnvisionTEC, a company that makes dental 3-D printers and materials, and Arizona-based AvaDent Digital Solutions, a digital denture company, today announced a new partnership to offer a complete digital workflow solution for digital dentures, from impressions and digital design to try-in and final restoration.
DTE Energy in Detroit on Friday reported 2017 revenue of $12.6 billion, up from $10.6 billion in 2016, while net income was $1.1 billion last year, compared to $868 million in 2016. The earnings were higher primarily due to better results in the nonutility businesses, the company said.
Grand Rapids business and community leaders Mike and Sue Jandernoa donated $4.3 million to Ann Arbor-based University of Michigan School of Education's TeachingWorks organization. The bulk of the gift, $3 million, will be used to expand a partnership in Grand Rapids to coach teachers, particularly in math education.
The Ann Arbor-based University of Michigan today released the findings of a study analyzing the efficiency of self-driving vehicles. The study concluded that these vehicles have a net reduction in lifetime energy use.
The Governor's Education and Talent Summit, planned for March 12 and 13 in Novi, will emphasize the importance of educators and job providers working together to develop a workforce ready for 21st-century careers and lifelong learning. The summit will be held at the Suburban Collection Showcase at 46100 Grand River Ave.