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Family Issue Convinces CEO to Dedicate Career to Health Care

Lily Vittayarukskul thought for sure she'd be working in the aerospace industry. Then a family member's illness brought about a pivot to health care.

China-GM Sign Extension of Joint Venture Partnership

BEIJING (PRNewswire) — Chinese auto giant SAIC Motor and the U.S. automaker General Motors have signed an agreement to extend their joint venture partnership by...

Ford Unveils Name, Price for New Electric Truck

Drivers wondering about Ford’s new midsize electric truck got their answers this week, Officials from Ford Motor revealed several key details: A starting price --...

Sysco Stops Buying Lettuce From Mexico

Chicago — After the U.S. Food and Drug Administration found the tainted lettuce believed to be responsible for the cyclosporiasis outbreak in the U.S. was...

Disney Sells Out Super Bowl Ad Time

Los Angeles — Advertisers hoping to catch a little Super Bowl magic have apparently missed their chance. The Walt Disney Co. said Wednesday that all commercial...

Michigan Central Names Awenate Cobbina as Chief Executive Officer

DETROIT — Michigan Central, a subsidiary of Ford Motor Company, named Awenate Cobbina as its new chief executive officer. Cobbina, whose career spans large-scale economic development,...

Fed Holds Steady On Interest Rates

As President Donald Trump continues to press the Federal Reserve to drop interest rates, the Fed’s Board of Governors this week voted to leave...

U.S. Economic Growth Slows to 1.5%

The U.S. economy slowed to a 1.5% growth pace from April through June – the government had revised first-quarter growth to 1.6% -- as...

Labor Costs, Wages Show Second-Quarter Rise

Job growth picked up between March and May, bringing a resultant hike in labor costs. According to statistics released by the U.S. Department of Labor,...

Seeking efficiency, Visa Cutting 2,600 Jobs

Visa CEO Ryan McInerny is reportedly looking for ways to increase efficiency, and announced the elimination of some 2,600 jobs to find them. According to...

Velocity Pitch Competition Offers Platform for Tech Startups

A pitch competition at the GVSETS defense ground systems symposium provides a stage for emerging tech startups.

Epitec Acquires TalentBurst IT Divisions

The acquisition of two divisions of TalentBurst helps Epitec expand its North American footprint.

Falling Gas Prices Led to Inflation Cooling in June

With new rounds of bombing resurrecting the war in Iran, gas prices have started inching upward. But they fell enough in June to bring about...

New York First to Impose Data Center Moratorium

Data centers are becoming a hot-button issue, springing up around the country. But not in New York, at least not for the next year. New York...

Ford Appoints Matt VanKuiken Chief Government Affairs Officer

Ford Motor Company announced Matt VanKuiken has been named Chief Government Affairs Officer, effective Aug. 3. VanKuiken joins Ford from BlackRock, where he served as...

Intriguing Job Offer Brings Inforum CEO Back to Michigan

Inforum Michigan President Donna Murray-Brown had no real plans to return to Michigan. Then she saw the job opportunity that brought her back.

Huntington Bank Closing 13 Michigan Branches

Huntington Bank is closing 13 branches across Michigan – including some metro Detroit locations – multiple outlets reported Monday. In a statement, Huntington officials said...

Gordie Howe Bridge Finally Set to Open

The on again-off again opening of the Gordie Howe Bridge is on again, set for July 27.

Economy Adds Softer-Than-Expected 57,000 Jobs in June

The U.S. economy had a strong spring with job growth, even after April and May figures were revised downward. But, while employers did add jobs...

Microsoft cutting 4,800 Jobs Amid AI Push

Integrating AI into operational costs is getting expensive for tech companies, and it’s starting to cost jobs. Microsoft will cut some 2.1% of its workforce...

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