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DEARBORN—Ford Motor Co. announced it would establish a new global battery “center of excellence,” to be called Ford Ion Park, to accelerate research and development of battery and battery cell technology, including future battery manufacturing. “We’re already scaling production of all-electric vehicles around the world as more customers experience and crave the fun-to-drive benefits of
DETROIT—Comerica Bank’s Michigan Economic Activity Index rose 1 percent in February to a level of 104.0, from 102.9 in January. Economic activity in the year 2012 is equal to 100 on the index. The index is comprised of nine variables—nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales,
ANN ARBOR - The latest Digital Marketing News, Trends, and Updates are presented by Melih Oztalay, CEO of SmartFinds Marketing in Birmingham, Michigan on our show from Monday, April 26, 2021. Topics discussed over 30 minutes included: Conversion Rate Optimization (CRO) CRO has become its own science to help convert traffic coming to the website
DETROIT - Toyota Motor Corp will acquire Lyft Inc's self-driving technology unit for $550 million, the companies said Tuesday, as the Japanese auto company steps up its automation ambitions with the newly created Woven Planet division. The acquisition of Level 5 automation will also provide Toyota access to the U.S. ride-hailing firm's more than 300
LANSING - The American Rescue Plan Act of 2021 (ARP) allows small and midsize employers, and certain governmental employers, to claim refundable tax credits that reimburse them for the cost of providing paid sick and family leave to their employees due to COVID-19, including leave taken by employees to receive or recover from COVID-19 vaccinations.
DETROIT—Bedrock, Detroit’s largest real-estate developer, announced its continued commitment to reduce overall carbon emissions across its portfolio through an agreement with DTE Energy to acquire approximately 22 million kilowatt hours—or 22,000 megawatt hours—of Michigan-generated clean energy annually through DTE Energy’s MIGreenPower voluntary renewable energy program. “As the city’s largest real-estate operator, we believe that it
WASHINGTON DC - Forty heads of state gathered Thursday for a two-day virtual climate summit hosted by the White House, as President Biden set a new U.S. target for lowering emissions. The White House announced that by 2030 the U.S. expects to reduce its carbon emissions by between 50 and 52 percent compared to 2005 levels. The
LANSING - The Michigan Department of Labor and Economic Opportunity released a second competitive Request for Proposals to fund registered apprenticeship expansion across the state. More than $5 million is available to fund grant awards to groups of statewide and/or local partners who will work as Regional Implementation Consortia to expand registered apprenticeship opportunities. “Our
EAST LANSING - Conquer Accelerator is a 10-week program starting on June 1st, 2021, and ending on August 6th, 2021. As a member of the cohort, teams receive: | $20,000 in funding | Access to mentoring and professional services | Resources, support, and startup programing | Access to follow-on funding after program ends Conquer Accelerator takes
DETROIT – DTE Energy on Tuesday announced operation of three new wind parks, two of which are now Michigan’s largest. Located in mid-Michigan’s Isabella County, Isabella l and Isabella ll have a total of 136 turbines with a capacity of 383 megawatts. The third park, Fairbanks Wind, is located in the Upper Peninsula’s Delta County
