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DEARBORN—Officials at Ford Motor Co. announced plans to nearly double production of the F-150 Lightningpickup at the Rouge Electric Vehicle Center in Dearborn to 150,000 trucks per year to meet high demand. Beginning Thursday, the first group of reservation holders will be invited to place their orders for the F-150 Lightning. “With nearly 200,000 reservations,
KALAMAZOO - Stryker announced on Thursday a definitive merger agreement to acquire Vocera Communications for $3.09 billion. Vocera provides a platform for digital care coordination and communication strategy, offering a portfolio that is complementary to Stryker’s division that focuses on technologies that address connecting hospitals with caregivers, and data-generating medical devices. “Vocera’s highly developed software
ANN ARBOR – If you’re planning to visit, work or attend an indoor athletic event at the University of Michigan campus, you have to provide proof of COVID-19 vaccination or negative-test results – or you won’t be admitted. The new policy was announced this week in response to the recent surge in COVID-19 cases throughout
DETROIT - The global cannabis market size is expected to reach $129 billion by 2028, exhibiting an annual compound growth rate of 26.19 percent during the forecast period. Various research activities on genetic development and modification of the cannabis plant, developments in legal rights on creation of cannabis and manifestation of medicinal properties of cannabis are
DETROIT - The storied Chrysler brand, now owned by Stellantis, is set to add a fully electric vehicle — or battery electric vehicle — by 2025, and it's resurrecting the Airflow name from its 1930s past. The Airflow, teased without the Chrysler name at a couple of Stellantis events last year, has already sparked comparisons to the Ford Mustang Mach-E, the Tesla Model
NEW YORK - Toyota is about to become the leader in US auto sales for the first time, taking away a title that General Motors has held for nearly a century. It's yet another sign that US automakers have lost their dominance in their home market. As recently as 2005, Toyota was No. 4 in
LANSING - The Michigan Department of Health and Human Services (MDHHS) updated its quarantine guidance for the general public to reflect the recent recommendations from the Centers for Disease Control and Prevention. If You Test Positive for COVID-19 (Isolate) Everyone, regardless of vaccination status. Stay home for 5 days. If you have no symptoms or your symptoms are resolving after 5 days, you can
ANN ARBOR - On Thursday, the National Bobblehead Hall of Fame and Museum made an officially licensed, limited-edition bobblehead of University of Michigan football coach Jim Harbaugh available for sale. The release comes ahead of Michigan’s College Football Playoff Semifinal Game against Georgia on Friday. Harbaugh was recently named The Associated Press College Football Coach
LANSING - The Michigan Public Service Commission approved a substantially reduced rate increase of $27,118,000 for Consumers Energy Co.’s electric operations, a nearly 88 percent reduction from the $225 million the utility had originally requested. A typical residential customer who uses 500 kilowatt hours of electricity per month will see an increase of 59 cents (0.64%) on their monthly
STAMFORD, Conn. - Through 2024, Gartner predicts that 60 percent of organizations will seek artificial intelligence (AI) use cases in financial management solutions. With the explosion of AI and automation in the financial services industry, specifically in spend and expense management, this stat will likely be out of date much earlier. Investors are betting huge
