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Chip shortage hits subprime lender Credit Acceptance as car loan volumes tumble
Chip shortage hits subprime lender Credit Acceptance as car loan volumes tumble
Amid its own internal tumult, coupled with unheard of external market conditions, Credit Acceptance Corp. has seen its loan volumes take a dive off the cliff. The Southfield-based subprime auto lender (NASDA: CACC) disclosed in a regulatory filing this week that its May "Consumer Loan assignment…
derek68·crainsdetroit.com·
Chip shortage hits subprime lender Credit Acceptance as car loan volumes tumble
Biden infrastructure plan endangered by dire U.S. shortages
Biden infrastructure plan endangered by dire U.S. shortages
The biggest threat to President Joe Biden's vision of energizing the U.S. economy with the largest infrastructure program in decades may not be its challenging path through Congress, but a dire shortage of everything from workers to cement mills.While weeks or months of negotiations will be needed…
derek68·crainsdetroit.com·
Biden infrastructure plan endangered by dire U.S. shortages
'Second first home' buyers sail into New Buffalo
'Second first home' buyers sail into New Buffalo
A beachfront house in New Buffalo will set a new benchmark for the Southwest Michigan town when its sale closes within a few days of Memorial Day. It will be the fourth home in New Buffalo to sell for $4 million or more in the past year. That's a high-end sales rush New Buffalo hasn't…
derek68·crainsdetroit.com·
'Second first home' buyers sail into New Buffalo
Game on! Dick's rallies on the return of team sports
Game on! Dick's rallies on the return of team sports
A year after safety fears led to the cancellation of baseball and other team sports, Dick’s Sporting Goods is having a comeback year as bats, balls and jerseys fly off shelves. First-quarter sales more than doubled to $2.92 billion and the company raised its expectations for sales and profits in 2021.
derek68·apnews.com·
Game on! Dick's rallies on the return of team sports
The Most Loved Brands, by Generation
The Most Loved Brands, by Generation
Can a brand transcend time and be all things to all people? This graphic seeks to find out by visualizing the most loved brands by generation.
derek68·visualcapitalist.com·
The Most Loved Brands, by Generation
Food producers adapt after pandemic alters business models
Food producers adapt after pandemic alters business models
As a producer that heavily supplies the food service industry, Swanson Pickle Co. Inc. had to make profound adjustments to its sales channels when the COVID-19 pandemic changed buying habits. As a producer that heavily supplies the food service industry, Swanson Pickle Co. Inc. had to make profound...
derek68·mibiz.com·
Food producers adapt after pandemic alters business models
Amid COVID pandemic, country life lures metro Detroit homebuyers
Amid COVID pandemic, country life lures metro Detroit homebuyers
Erika Smith and Bryan Taberski did what any city dweller might do when the coronavirus pandemic closed offices and remote work became the norm.They became examples of the shift in residential real estate as metro Detroiters looking for more space moved to areas with larger lots, bigger houses and a…
derek68·crainsdetroit.com·
Amid COVID pandemic, country life lures metro Detroit homebuyers
The Candemic Continues
The Candemic Continues
The aluminum can shortage is still impacting beverage producers even a year after the first warning signs went up.
derek68·jadrian.substack.com·
The Candemic Continues