Business and Economy
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Baker’s choice: Controlled substance or ‘controlled science’?
Entrepreneur Janie Deegan, BFA ’09, struggled with addiction and homelessness until she combined her love of baking with a degree in theater to create Janie Bakes. Since 2015, this culinary artist has been serving up “life-changing baked goods” and plenty of inspiration in her three New York locations.
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Most local officials support rooftop solar, a majority opposes nuclear power
Michigan’s local leaders overwhelmingly support adding rooftop solar infrastructure in their communities, while a majority strongly oppose developing nuclear power. According to the Michigan Public Policy Survey, 86% of local government leader respondents either strongly or somewhat support adding rooftop solar panels.
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UMCI design approved, construction ramps up
U- M’s Board of Regents recently approved the schematic design for the University of Michigan Center for Innovation in Detroit, a six-story building expected to open in spring 2027. The lower floors of the building will host public-facing programs while the upper floors will be dedicated mostly to graduate programs.
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Out of the woods and into the ethos: Unique business course still resonates
One year on, Michigan Ross students assess the impact of an inaugural management course that took them to the wooded, lakefront campus of U-M’s Biological Station. The goal? To align their highest character ideals with the realities of a business career. So, how’s it going?
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Episode 202: The labor movement
In this podcast, Michigan Ross professors Jerry Davis and Cindy Schipani discuss the state of labor from an economic, industry, and organizational development perspective. They explore the factors of modern labor, recent striking action, CEO pay, and more.
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U-M economic forecast: Modest growth expected, soft landing likely as inflation eases, but no guarantees
U-M experts say the U.S. economy should avoid a recession over the next two years, though economic growth will be modest as many consumers deal with high interest rates and dwindling savings.
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U-M will break ground on Detroit-based Center for Innovation by year’s end
In October 2023, the University’s Board of Regents approved agreements related to land donation and purchases, and a $100M gift from top donor Stephen M. Ross to build the U-M Center for Innovation at Grand River Ave and West Columbia Street in Detroit.
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Michigan Central Station set to open in 2024 with U-M grad turning the key
Michigan Central CEO Joshua Sirefman, MUP ’96, is confident this 30-acre mobility district will become a global hub for innovation. The historic but long-abandoned Michigan Central Station is an icon in Detroit’s Corktown neighborhood.
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U-M reports record number of inventions in FY ’23
Research led by the University of Michigan generated a record 580 new inventions last year and launched 25 startup companies ranging in scope from innovative therapies for the treatment of fibrosis to technologies that aid in substance abuse monitoring.