ANN ARBOR — In areas where Uber, Lyft and other on-demand ride services operate, consumers may buy fewer cars and even take fewer trips, according to a new study. The findings are among the first to quantify how the uptick in transportation networking companies might be affecting consumer behavior. Researchers at the University of Michigan
GRAND RAPIDS - After six months of disappointing car sales, the impact on local auto parts suppliers is finally being felt by the West Michigan economy, a Grand Valley State University expert said. The survey's index of business improvement (new orders) came in at +8, considerably below last month's +31. The production index eased to +6 from +26. The
GRAND RAPIDS - Given the continuing advances in technology, it is not surprising that companies are using new ways to target potential employees. One of these ways is “geofencing.” Recruiters are now borrowing this technique, which has been honed by digital marketers and social media platforms to get advertising, marketing and brand messages to hyper-focused
ANN ARBOR - With light truck sales declining, fuel economy of new vehicles sold in the U.S. last month reached its highest level since August 2014, say researchers at the University of Michigan Transportation Research Institute. The average fuel economy (window-sticker value) in July was 25.4 mpg—up 0.3 mpg from June and just 0.1 mpg
DETROIT - The Michigan Council of Women in Technology Foundation is seeking nominations for its second annual Woman of the Year in Technology award. The nonprofit organization will recognize a woman in Michigan leading or driving change for women in information technology careers or fields of study. “Michigan is full of visionary women strengthening our
PLYMOUTH - Loc Performance Products has won a follow-up $417 million contract from the U.S. Army TACOM Life Cycle Management Command in Warren to restore lost mobility to the Bradley Fight Vehicle, after an initial $161 million contract awarded by the Army in 2014. Together, they represent the Army’s Bradley Fighting Vehicle Engineering Change Proposal
ANN ARBOR – Genomenon has announced version 1.3 of its Mastermind genomic search engine that adds new tools to help clinicians quickly find authoritative research related to their patients genomic mutations and a new suite of solutions to help automate next generation DNA sequencing workflows. While the cost of DNA sequencing continues to drop faster
WASHINGTON — The average temperature in the United States has risen rapidly and drastically since 1980, and recent decades have been the warmest of the past 1,500 years, according to a sweeping federal climate change report awaiting approval by the Trump administration. The draft report by scientists from 13 federal agencies concludes that Americans are feeling the
ANN ARBOR — The cholesterol-fighting drug developer Esperion Therapeutics Tuesday announced an initial public offering of $150 million of its common stock. Esperion also expects to grant the underwriters a 30-day option to purchase up to $22.5 million of additional shares of its common stock. The company said it would use the net proceeds of
ROYAL OAK – If you have a business that wants to migrate to the cloud, how do you take the first steps? Microsoft has selected a group of partners, including Red Level, and has provided the funding for the assessment to the tune of from $3,000 to $7,000 to pay Red Level’s consulting fees. That’s
