DTE Energy Gets Federal OK For New Nuclear Plant

DETROIT — The federal government says DTE Energy can build a new nuclear power plant in Monroe County.

But the Detroit-based utility says it doesn’t plan to just yet.

The Nuclear Regulatory Commission has approved a license for DTE to build and run a nuclear plant on the site of the existing Fermi 2 Nuclear Power Plant in Newport.

But DTE spokesman Guy D. Cerullo said that the company has “not committed to building the new plant, but will keep the option open for long-term planning purposes.”

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Stratos Begins Shipping Bluetooth ‘Connected Card’

ANN ARBOR — The Ann Arbor-based payment technology startup Stratos Inc. Thursday announced the first shipments of its Stratos Bluetooth Connected Card, which combines credit, debit, membership, gift and other magnetic stripe cards in one digital Bluetooth card.

“From consumers to leading banks, merchants and card networks, we’re thrilled to see so much positive feedback since launching Stratos Card just last month, and we’re proud to bring this groundbreaking solution to market,” said Thiago Olson, co-founder and CEO of Stratos. “More than 63 percent of U.S. consumers plan to use some form of next generation payment technology, and our Stratos Card platform will accelerate mobile adoption by helping people make smarter and more secure payments with a preferred, familiar card form.”

For a video on how the Stratos card works, visit this link.

Users can also download the Stratos App and add an unlimited number of credit, debit, loyalty, membership and gift cards using the included Stratos Reader. A user’s three cards are always available on Stratos, with or without your mobile device. All other cards can be accessed through the app.

Users also receive real-time card suggestions on the app.

To pay, users tap to activate Stratos, select their preferred card, and swipe as they would any other card.

Company officials say the Stratos card offesr patented security features and industry-leading acceptance at all point-of-sale systems.

Coming soon, Stratos says it will add geo-location and history-based card suggestions and insights to help members make better payment decisions.

Stratos said the card’s rollout has exceeded its launch goals, with a majority of consumers signing up for a two-year membership. Additionally, membership sentiment remains overwhelmingly positive, with the young company reporting a consistent 95 percent customer support satisfaction score.

Stratos Card memberships can be purchased at http://www.stratoscard.com.

Stratos was founded by Olson, an electrical engineer and inventor; Chris Bartenstein, an entrepreneur and the company’s COO; and Henry Balanon, a Detroit-area software developer and entrepreneur. It is funded by Toba Capital Partners of San Francisco, Calif., Western Technology Investment of Portola Valley, Calif., Resonant Venture Partners of Ann Arbor and Hyde Park Venture Partners of Chicago.

Biz Expansions, Community Project Win State Aid

LANSING — The Michigan Economic Development Corp. Wednesday announced Michigan Strategic Fund approval of two business expansions and one community revitalization project that will generate nearly $39 million in private investment and create 151 jobs.

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LTU Among 9 Michigan Schools Named To Greenest Colleges List

SOUTHFIELD — Lawrence Technological University is one of the 353 most environmentally responsible colleges in the country, according to “The Princeton Review Guide to 353 Green Colleges” released in conjunction with Earth Day.

The Princeton Review chose the schools for this sixth annual edition of its “green guide” based on data from the company’s 2014 survey of hundreds of four-year colleges concerning commitments to the environment and sustainability. Responses from a student survey were also factored in.

Other Michigan schools on the list included Albion College, Aquinas College, Central Michigan University, Grand Valley State University, Michigan State University, Michigan Technological University, the University of Michigan, and Western Michigan University. None were ranked among the list’s top 50.

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Comerica Bank’s Michigan Index Slips on Weather

DETROIT — Comerica Bank said brutal winter weather was behind a 1.9 percentage point fall in its Michigan Economic Activity Index in February.

The index fell to 118.7 from 120.6 in January.

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ESD Tour Of Morley Candy Makers Coming Thursday

SOUTHFIELD — Join ESD TOMORROW for an exclusive, members-only tour of the place where Sanders chocolate and desserts are created. This tour will give ESD members an up-close look at the science and technology behind the unique form of cooking known as candy making. Even the simplest sugary treat is the product of complex chemistry.

The tour of Sanders & Morley Candy Makers Inc. begins at 1 p.m. with registration and networking. The tour runs from 1:30 to 2:30 p.m. The Sanders-Morley candy factory is at 23770 Hall Road in Clinton Township.  

The tour will begin with a video journey exploring the story of chocolate, how chocolate is made and how Sanders and Morley Candy Makers got their start in Detroit. You’ll hear from a Morley Candy executive who will give expert information on the engineering and science of candy making.

Visitors will also enjoy a free candy sample as they watch candy makers create luscious treats as they make their way down the 100 foot observation walkway overlooking the production area.

A stop in the unique candy and gift shop puts the finishing touch on the tour.

For more information or to register for the Sanders & Morley Candy Makers Tourclick here, or call Matt Roush at (248) 353-0735, ext. 112.

Altair Software Conference Coming Next Week In Dearborn

TROY — Hundreds of engineers and researchers will examine new techniques for simulating vehicle design with composites and optimizing designs for additive manufacturing, lightweight vehicles and aircraft as they participate in the 2015 Americas Altair Technology Conference, at the Ford Conference and Event Center in Dearborn May 5-7.

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Dow Corning Sales, Profits Dip

MIDLAND — Dow Corning Corp. Wednesday announced first quarter 2015 sales of $1.36 billion, down 11 percent from $1.52 billion in the first quarter of 2014, and net income of $185.4 million, down 3 percent from last year’s $190.9 million.

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SPE Hosting Auto Plastics Conference

TROY — The Society of Plastics Engineers’ Detroit Section and its Automotive Division iwll hold AutoEPCON, a one-day technical conference and exhibition focused on engineering plastics for the auto industry.

The event will be held Tuesday, May 5 from 8 a.m. to 5:30 p.m. at the Detroit-Troy Marriott Hotel, 200 W. Big Beaver Road in Troy.

First held in 2006, the Automotive Engineering Plastics Conference (AutoEPCON) features technical presentations on the newest advances in materials technology, predictive engineering, process enhancements, and application developments for thermoplastic and thermoset engineering plastics for the automotive industry.

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MSU Engineering Sets Detroit Semester To Showcase “New Detroit” To Interns

EAST LANSING — The Michigan State University College of Engineering will be “all in” when it comes to Detroit this summer.

The college is rolling out a new “Detroit Semester,” offering a one-credit co-op course to MSU engineering students who will be working in Southeast Michigan from May through August.

“The target is to have 50 engineering students working and living in metro Detroit enroll in this class,” said Kyle Liechty, co-op and internship coordinator in the college’s Center for Spartan Engineering. “Today’s students want the benefits of urban living. They already see it in Chicago. This one-credit class will let them see what Detroit has to offer. And if students see the kind of life offered in Detroit, they are more likely to accept jobs and stay in Detroit after graduation.”

Any engineering student working a co-op, internship or career-related summer job with a company in the metro Detroit region is eligible to enroll. Affordable, furnished housing is available for the summer on Wayne State University’s campus on a first-come, first-served basis.

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