Business and Economy
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Hatching a (business) plan
Alumni siblings Andy and Emily Linn are feathering their family business with camaraderie and creativity in Detroit’s Cass Corridor.
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Reinventing the wheel
Founders of tech startup Are You a Human could have set up shop anywhere—and they chose Detroit. Based in the historic Madison Building, they embody new momentum in the city.
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Student startup scores spot with national incubator
Fetchnotes, founded by a team of U-M undergrads, is an innovative new cloud-based system that lets users organize information via phone, smartphone app, desktop widget, or web browser.
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Rebranding fundraising as fun
It’s one thing to build a cool brand, says CrowdRise co-founder Robert Wolfe. But it’s even better to build a cool brand about giving back.
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Ross School brings Executive MBA to sunny SoCal
Business professor-cum-shark diver George Siedel will teach the LA cohort of the Executive MBA Program this fall.
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The path to economic recovery will be a marathon, not a sprint
“The unemployment rate begins to creep down but remains uncomfortably high even at the end of 2013—four-and-a-half years after the official end of the recession,” says U-M’s Joan Crary.
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U-M to invest in its own startup businesses
The university could inject up to $25 million during the next decade into select venture-funded U-M startups—new companies built around inventions born in faculty members’ labs.
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Bailed-out banks issued riskier loans
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.
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Good-bye, Borders
The Ann Arbor – based bookseller is bankrupt, all its stores closing. But in its heyday, there were few places closer to a literary heart.