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DETROIT - A recent report from UBS estimates that global car production will exceed sales by 6% this year, leaving an excess of 5 million vehicles that will require price cuts to get sold off of lots, Yahoo Finance reported. Although those price cuts might not happen until the latter half of 2023, automakers are
TOKYO, Japan - Toyota has just launched a fifth-generation Prius whose plug-in hybrid variant is claimed to deliver an electric range that's more than 50% higher than the previous generation's 25 miles. However, the company is working on plug-in hybrids that will offer significantly more range. At a presentation on Friday outlining Toyota's strategy for the coming
ANDOVER, Mass. – Navisite announced this week the launch of its third annual Navisite’s Next Steminist scholarship program in the U.S. Designed to encourage young women to pursue careers in STEM and close the gender gap, the program will award three $10,000 scholarships to eligible female candidates pursuing a degree in STEM. Applications are now being accepted through
ANN ARBOR - The University of Michigan Health has officially acquired Lansing-based Sparrow Health System to become a $7 billion health system with more than 200 sites of care, according to an April 3 news release. UM Health and Sparrow said they have received the necessary regulatory approvals to partner after announcing their plans in
SAN FRANCISCO - Scientists have studied photosynthesis in plants for centuries, but an international team believes they've unlocked new secrets in nature's great machine that could revolutionize sustainable fuels and fight climate change. The team says they've determined it's possible to extract an electrical charge at the best possible point in photosynthesis. This means harvesting
NORWAY - Norwegian company Wind Catching Systems (WCS) has developed an innovative floating wind farm technology that features multiple smaller turbines mounted on a grid. The 1,000-foot-tall unit is designed to float in deep waters, where winds are stronger and turbines can perform more rotations per minute, generating more energy. The company claims that its
LANSING — Michigan residents with an interest in education or technology are encouraged to submit their ideas for improving teaching and learning in the second annual Michigan EdTech Innovation Pitch Contest & Bootcamp by May 14, 2023. Through a partnership between Michigan Virtual, Spartan Innovations, a subsidiary of MSU Research Foundation, and Michigan State’s Burgess
NEW YORK - This is not the first time humanity has stared down the possibility of extinction due to its technological creations. But the threat of AI is very different from the nuclear weapons we've learned to live with. Nukes can't think. They can't lie, deceive or manipulate. They can't plan and execute. Somebody has
ANN ARBOR - The Monroe Street Fair returns to the Ann Arbor Hash Bash to continue its two decade run. Co-founder Charlie Strackbein talks about what attendees can see at the Fair that includes dozens of cannabis vendor booths, non profits, and more. Food trucks and portable potties also meet attendees needs on both ends.
NEW YORK - JPMorgan Chase & Co. is planning to test new technology that would let consumers pay with their palms or faces at certain US merchants. The bank, home to one of the world’s biggest payment-processing businesses, plans to roll out the service to its broader base of US merchant clients if the pilot program goes
