Banks that received federal bailout money ended up approving riskier loans and shifting capital toward risky investments after getting government help, say U-M researchers. Further, these banks were no more likely to issue loans, overall, than non-TARP banks, in contrast to the declared objective of the federal program to increase lending.

The Ann Arbor – based bookseller is bankrupt, all its stores closing. But in its heyday, there were few places closer to a literary heart.

The Michigan alums who built “the fastest growing company ever.”

Automakers at the 2010 North American International Auto Show have big hopes for their new vehicles—hipper, more fuel-efficient, environmentally sound cars.

After graduation, Karl Rosaen moved from Michigan to Silicon Valley, where he worked on the now-famous Google Android phone. So when he wanted to start his own high tech firm, where did he go? Back home to Michigan, of course. A story about hope for a new economy.

After years of effort, false starts, and faulty decisions, the U.S. auto industry is remaking itself. U-M, with its historic ties to the carmakers, continues to push Detroit’s technology and policy forward.

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