GRAND RAPIDS - Tier 1 automotive supplier Lear Corp. plans a $112.5 million expansion at three facilities in southeastern Michigan and Traverse City to support the manufacturer’s ongoing growth in the electric vehicle market. The Southfield-based company, which specializes in seating and electrical systems, plans a new 120,000-square-foot facility in Independence Township in Oakland County. The
IBAGUE, Columbia - Multiple residents of a Colombian city were taken aback by the sight of a fiery object spotted slowly descending in the sky. According to a local media report, the curious mass sighting occurred on Monday evening at around dusk in the community of Ibagué. Several people who happened to be outside at
BEIJING, China - A research team in China has developed a device to split salty seawater to produce hydrogen directly. The device, a membrane-based seawater electrolyzer, helps address the side-reaction and corrosion problems of traditional methods. The team led by Zongping Shao, a chemical engineering professor at China's Nanjing Tech University, has published their study in
AUSTRALIA - Scientists have discovered a way to build next-generation batteries for electric cars that do not lose any capacity, even after hundreds of charging cycles. An international research team from the University of New South Wales (UNSW) in Australia and Yokohama National University in Japan claim the breakthrough could provide a viable and vastly superior alternative to
AUSTRALIA - Research led by Monash University, RMIT and the University of Adelaide has developed an accurate method of controlling optical circuits on fingernail-sized photonic integrated circuits. The development, published in the journal Optica builds on the work by the same team who recently created the world's first self-calibrated photonic chip. Photonics, or the use of light particles
The payment sector is at a fork in the road, with FinTech gaining ground globally. Digital payments, assets, capital raising, and payments are explored, and governments look for ways to regulate some of them, as traditional payment systems no longer control the landscape. Cash, bank transfers, and credit cards no longer dominate the payment system,
From eliminating financial inefficiencies and redundancies to managing debt, investments, funding, and collection processes, corporate treasury management teams are in charge of an ever-growing range of responsibilities. At the same time, the world of corporate finance and treasury management is undergoing significant changes, most of which have been brought on by the advent of digital
Although the first esport events date back to the 1970s (albeit they did not appear like what they do now), they have yet to attain their maximum potential. Not so long ago, managers of esports tournaments began relocating video game tournaments from modest gaming cafés to large arenas packed with fans. Even gaming sites have
NEW YORK - A recently released report from the United Nations Conference On Trade And Development provides an interesting snapshot of the industrial hemp industry. Released last week, the “Commodities At A Glance: Special issue on industrial hemp” looks at the various uses of the crop, production and trade statistics, and how developing countries could
LANSING - The Democratic senators, Rosemary Bayer, and eight others, presented Senate Bill 1182 on September 27, 2022, enacting the Michigan Personal Data Privacy Act. The Senate Energy and Technology Committee in Michigan is considering the bill as the legislature continues to be in session for the rest of the year. The Goals of the
