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GM, Magna-backed automotive software marketplace opens SDVerse, an online marketplace for buyers and sellers of automotive software backed by General Motors, supplier Magna International Inc. and tech services company Wipro, launched Sept. 30. The platform, open to automakers, suppliers and relevant tech companies, is designed to connect developers of automotive software with potential customers. Initial businesses to join…
Pair of Livonia office buildings sell at a 90% discount A New York City-based landlord has taken a major bath on a pair of Livonia buildings it bought as the office market started heating up following the Great Recession. Farmington Hills-based Friedman Real Estate paid just $4.5 million for the Victor Corporate Park buildings at…
Why this time could be different for public transit in metro Detroit Mass transit has long been a challenge for the state that put the world on wheels, but for the first time in a long time there seems to be political will to change that. A cohesive regional transit plan is closer to reality…
As Detroit makes progress against crime, reputation still lags Detroit has been celebrating a remarkable decline in crime lately, reporting fewer criminal homicides in 2023 than in any year since 1966. Non-fatal shootings were also down year over year; so were carjackings, robberies and sexual assaults. But the good news on crime prompts two questions:…
Owning a home is a keystone of wealth… both financial affluence and emotional security.