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GM’s Electric Vehicle Makeover Reverberates Far Beyond Detroit

PYMNTS

While the wisdom and strategy can be debated, there is no arguing the fact that GM’s decision to wean itself — and the world — off of fossil fuels will have tectonic effects that will be felt far beyond Detroit, and will take along for the ride scores of ancillary businesses that keep America’s love affair with the automobile rolling.

Detroit 256
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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

Some entrepreneurs are inspired to start companies because they spot unmet needs in the market: Frontdesk Co-Founder and Chief Growth Officer Jesse DePinto, for instance, saw the amateur nature of home shares but the opportunity for something better than a hotel. The Market.

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Striking a New Chord of Career Success in Consulting

Perficient

I recently got to virtually meet with associate technical consultant, Tom Phillips , to hear about his journey into the technology field. He then moved to Detroit to help his friend open a commercial recording studio and took on a position teaching music. Here at Perficient, I’ve found that a lot of us have this is common.

Detroit 332
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Vroom eCommerce Sales Platform Raises $254M

PYMNTS

Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. The company opened an engineering port in Detroit this year. The Detroit office will be pivotal to the company’s future plans.

Detroit 131
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Rocket Trims IPO By 39 Pct From $3.3B To $2B After Investors Reject Valuation

PYMNTS

The Detroit-based company is expected to market a reduced number of shares at about $18 to $20 apiece, Bloomberg reported, citing sources. The report stated the downsizing may signal the IPO market’s worry as the pandemic deepens across much of the U.S., Last month, Gilbert sought an IPO for $3.3

Cleveland 233
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Bright Paths Students Demonstrate New Skills with Incredible Variety of Apps

Perficient

Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact. Deepti Dhar’s Bright Paths Project: Welcome to Stock Market.

Milwaukee 348
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Reinventing The Baby Care Market With Exclusive ‘Premium’ Brands

PYMNTS

“It is the accessibility center — we grew up in Detroit and have family in Ohio and Oregon,” Bell told WWD. The brand’s products also purportedly come with some unique features: Its diapers are said to have “proprietary spherical absorbent technology that can absorb over 50 times its weight in fluid.” The Market For Premium Brands.

Branding 129