U-M autonomous-driving research helped create an Ann Arbor AI company now potentially worth $1.4 billion. Michigan taxpayers helped fund its growth. The next test is how many Michigan jobs follow. ANN ARBOR — Michigan has spent millions of taxpayer dollars building an economic-development system designed to turn university research into startups, attract private investment and
A practical guide to using financial technology for visibility, security and better everyday judgement Financial technology can make money management quicker and more visible. A banking app can categorise spending, a notification can flag an unusual payment and a digital service can present information that would once have required a branch visit. Those improvements are
Competition is fierce for businesses in Michigan, which means every aspect of a company here needs to be streamlined to ensure success. When it comes to prioritising processes to improve, many businesses put payroll lower on the list. However, given that payroll can have a huge impact on employee satisfaction and productivity, the reputation of
LANSING — Michigan is putting another $2 million behind 26 companies developing drones, autonomous vehicles, military technology, batteries, hydrogen systems and advanced manufacturing — technologies state economic-development officials hope can help create the next generation of Michigan manufacturing jobs. The investment comes as Michigan faces a major transition in its traditional automotive economy. More than
LANSING - Michigan regulators extensively test cannabis vape concentrates but confirm laboratories don't test heating hardware or analyze the aerosol consumers inhale Two reported serious health events involving customers of an Ohio marijuana dispensary prompted MITechNews to ask Michigan regulators a basic question: When a legal cannabis vape passes state-required laboratory testing, what exactly has
ANN ARBOR - Michigan lost 25,000 employed workers in August, its unemployment rate climbed to 5%, and manufacturing payrolls declined. But West Michigan manufacturers continue to report surprisingly strong business conditions — another sign that Michigan increasingly looks like several different regional economies. Michigan's seasonally adjusted unemployment rate increased from 4.9% in July to 5.0%
NOVI - ITC is conducting aerial patrols of the high-voltage transmission structures, lines and equipment in Michigan now through Nov. 13, weather permitting. The helicopter patrols are conducted to provide an overall status of vegetation management and maintenance needs of the overhead transmission system that is operated by ITC’s Michigan operating entities, ITCTransmission and Michigan
DETROIT - Michigan has a marijuana problem that sounds like it should have an easy solution. The state is sitting on an estimated 2 million pounds of cannabis inventory, helping drive marijuana prices to historic lows and squeezing growers, processors and retailers. With the fall outdoor harvest adding even more cannabis to the market, Michigan
ANN ARBOR - The job market remains challenging, with many applicants sending out dozens of online applications and getting little or no response. So how do you break through the clutter and get noticed? Gary Erickson, Managing Partner of Executive Search Partners, joins MITech TV to explain what job seekers should be doing differently in
ANN ARBOR - Michigan jobs, auto sales, home purchases and business investment face new pressure after the Federal Reserve raised interest rates Wednesday, making borrowing more expensive at a time when the state's economy is already growing slowly. For Michigan families and businesses, the impact can be measured in monthly payments. A $40,000 five-year auto
