Comerica Bank Unveils Newly Renovated Jefferson-Chene Banking Center
Detroit, May 31, 2023 – Comerica Bank officially unveiled today the newly renovated Jefferson-Chene Banking Center to complement the excitement of the Chevrolet Detroit Grand Prix presented by Lear’s return to the streets of...
Shield’s Detroit-Style Pizza Voted #1 By Tasting Table Magazine
The Detroit-style pizza craze continues to sweep the country and Shield’s Restaurant and Pizzerias in Metro Detroit announced that it was recently named as the best in Metro Detroit by Tasting Table Magazine (https://www.tastingtable.com/1251688/best-pizza-detroit/)....
CEO: Pandemic Lessons Learned Help Build ‘New Reality’
Like most business leaders these days, Kevin Schnieders hates talking about the Covid pandemic and the affect it had on business.
For Schnieders, the chief servant leader at EDSI, a workforce development company designed to...
Debt Ceiling Weighing on Business and Consumer Sentiment
The government will run short of cash to pay its bills around June 1st if a deal is not reached to raise the debt ceiling by then. They could fudge the deadline by suspending...
Unemployment Claims Climb to 229,000
The number of American workers applying for unemployment benefits last week either rose slightly or fell, depending on which number you look at.
Some 229,000 workers filed for assistance the week ending May 20, according...
Google Adding AI Tools for Advertisers, Marketing Professionals
In an effort to expand the use of artificial intelligence, Google is adding new AI tools to help marketers create advertising.
According to Bloomberg, it’s part of Google’s effort to capitalize on the growing demand...
Stellantis Invests in Lyten’s Lithium-Sulfur EV Battery Technology
AMSTERDAM/SAN JOSE, Calif. – Stellantis N.V. and Lyten, Inc. announced that Stellantis Ventures, the corporate venture fund of Stellantis, invested in Lyten to accelerate the commercialization of Lyten 3D Graphene applications for the mobility...
General Motors Announces $3 Million in Grants to Nonprofits
DETROIT – This week, General Motors announced charitable investments in the communities surrounding its U.S. manufacturing facilities, providing grants to 157 nonprofit organizations totaling $3 million.
The grants were provided through GM’s Community Impact Grants program,...
Rehmann Welcomes Charles Story as Director of Operations for Corporate Investigative Services
TROY, Mich. (PRNewswire) — Rehmann, a fully integrated professional advisory firm, announced the appointment of Charles (Chuck) Story as Director of Operations for Corporate Investigative Services.
Story replaces Bill Kowalski, a 14-year Rehmann veteran who announced his retirement in...
Tech Industry Innovator Mike Abbott Joins GM as Executive Vice President of Software
DETROIT – General Motors Co. announced that Mike Abbott, former vice president of Engineering for Apple’s Cloud Services division, has joined GM as executive vice president, Software. He will report to GM Chair and CEO...
Comerica Bank Appoints Kevin Watkins National African-American Business Development Manager
Detroit – Comerica Bank has appointed Kevin Watkins as its National African American Business Development Manager, supporting Comerica’s steadfast commitment to develop and grow relationships with African American business leaders, entrepreneurs, and communities across...
Walker Named New President at Truscott Rossman
DETROIT – Truscott Rossman announced the culmination of a five-year growth plan that positions the agency to grow in the future and named Allie Walker as the firm’s new president.
Walker, who has been...
Matrix Human Services announces Vice President, Director of Development and Marketing
Detroit, Michigan – Matrix Human Services President and Chief Executive Officer Brad Coulter announced the appointments of Monique Phillips as Vice President of Development & Marketing and Monique Riley as Director of Marketing, in...
Albert Kahn Associates Announces Kimberly Nelson Montague as First Woman President
Detroit - Kimberly Nelson Montague was elected as Albert Kahn Associates’ new president, becoming the firm’s 12th president and the first woman to lead the 128-year-old A/E firm.
“Kahn is continuing its legacy of innovation...
Ford Joins National Consortium to Improve EV Charging in the U.S.
DEARBORN, Mich. – Ford announced it is joining with the U.S. Joint Office of Energy and Transportation to launch of the National Charging Experience Consortium, a new effort to rapidly develop solutions to improve electric...
After Recent Spike, Unemployment Applications Fall
Following a recent spike, applications for unemployment benefits took a dive last week.
According to statistics released Thursday by the Labor Department, some 242,000 Americans applied for jobless benefits in the week ending May 13....
Retail Sales Disappointed in April; Consumer Spending Weighing on Economy in 2023
Ordinarily a 0.4% monthly increase is good news, but following larger declines in February and March it is a disappointment. That 0.4% increase in retail and food service sales matched Comerica’s forecast but was...
Industrial Production Was a Mixed Bag in April
The industrial sector is a mixed bag in 2023. Industrial production rose 0.5% in April, above the consensus forecast for no (0.0%) change; But March was revised to no change from a 0.4% increase...
Target’s Quarterly Profits Fall; Company Optimistic About Sales
Target Corporation announced its first quarter 2023 financial results, which reflected continued traffic and sales growth in what company officials called an “increasingly challenging environment.”
The Company reported first quarter earnings per share of $2.05, down...
Lawmakers Want AM Radio Available in U.S. Autos
According to statistics compiled by the National Association of Broadcasters and Nielsen data, some 80 million people in the U.S. listen to AM radio every month.
Lawmakers want to make sure they can continue listening to AM...
