Business and Economy

  1. 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.

  2. 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?

  3. 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.

  4. 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.

  5. 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.

  6. 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.

  7. 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.

  8. Senate testimony: AI risks to the financial sector

    COE Professor Michael Wellman recently testified in front of the Senate Committee on Banking, Housing, and Urban Affairs to alert lawmakers to the potential dangers to security, safety, and equity posed by AI’s use in financial systems.

  9. As Medicaid continues post-pandemic ‘unwinding,’ U-M report cites benefits of expansion

    At a pivotal time for Medicaid health coverage for Americans with low incomes, a report on the impacts of Michigan’s Medicaid expansion shows very positive effects, as well as opportunities for continued improvements.