System

An aerial view of the University of Michigan Hospital.

UM Health to acquire Lansing-based Sparrow Health System

University of Michigan Health Acquires Lansing-Based Sparrow Health System, Central Michigan’s Largest Hospital System with Six Campuses in Charlotte, Ionia, St. Johns, Carson City and Lansing, and 500 Primary Care Providers and Specialists . The deal was approved Thursday by the University of Michigan board of trustees. Sparrow Health System’s board of directors signed the …

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Secretary of Labor: US immigration system is 'a threat to our economy'

Secretary of Labor: US immigration system is ‘a threat to our economy’

While that may be unlikely in a politically divided Washington, Labor Secretary Marty Walsh said immigration reform is what lawmakers should be top of mind after Friday’s November jobs report was showed stronger results than expected, but a persistent skills gap. Friday’s report showed growth in overall employment levels as well as average hourly earnings …

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Six years after going on the market, Cirrus Aircraft of Duluth announces the first jets rescued by a parachute system

Six years after going on the market, Cirrus Aircraft of Duluth announces the first jets rescued by a parachute system

DULUTH, Minn. — Another first for Cirrus Aircraft. The Duluth-based manufacturer was the first company in the world to build a standard personal jet equipped with a whole-plane parachute. And this year, that system was finally put through real-world, non-simulated testing, including a backup the day after Thanksgiving near Indianapolis, Indiana. Although Cirrus’ unique turbofan …

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For retirement system changes proposed to Congress via 'Secure 2.0', December is do-or-die time

For retirement system changes proposed to Congress via ‘Secure 2.0’, December is do-or-die time

Samuel Corum | Getty Images News | Getty Images For supporters of Congressional proposals aimed at improving the American retirement system, these few weeks promise to be difficult. Lawmakers return to Washington next week to complete the so-called lame session – the legislative period between the midterm elections and the new Congress, which begins Jan. …

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The Michigan Unemployment Insurance Agency chose Deloitte to replace its current unemployment compensation computer system, called MiDAS.

Michigan Selects Deloitte to Replace MiDAS Unemployment Insurance System

Michigan’s Unemployment Insurance Agency has chosen Deloitte to replace its decade-old unemployment compensation system, which over the past decade has falsely accused thousands of Michigan residents of unemployment fraud and contributed to delaying claimants getting benefits during the pandemic. The new system, which will be called uFACTS, is expected to be fully operational in 2025 …

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Banking System Vulnerability: 2022 Update - Liberty Street Economics

Banking System Vulnerability: 2022 Update – Liberty Street Economics

Matteo Crosignani, Thomas Eisenbach and Fulvia Fringuellotti To assess the vulnerability of the US financial system, it is important to monitor debt and funding risks, both individually and in tandem. In this article, we provide an update of four analytical models aimed at capturing different aspects of banking system vulnerability with data up to 2022:2, …

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