Kresge Foundation
The Kresge Foundation is a philanthropic private foundation headquartered in Troy, Michigan, United States. The foundation works to expand opportunities in America's cities through grantmaking and investing in arts and culture, education, environment, health, human services and community development efforts. The Kresge Foundation is one of wealthiest charitable organizations in the world with an endowment of $4.3 billion as of June 2021. History In 1924, with an initial gift of $1.6 million, Sebastian Kresge established the Kresge Foundation in Detroit. Twelve years earlier, he and partner John G. McCrory opened the first 5-and-10-cent store in Memphis, Tennessee, and parlayed the concept and operations into a chain of stores that were incorporated as the S.S. Kresge Company. In 1977, the enterprise became known as Kmart. The Kresge Foundation and Kmart are no longer affiliated. Since 2006, the foundation has been led by Rip Rapson, formerly of the McKnight Foundation. He su ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sebastian Kresge
Sebastian Spering Kresge (July 31, 1867 – October 18, 1966) was an American businessman. He created and owned two chains of department stores, the S. S. Kresge Company, one of the 20th century's largest discount retail organizations, and the Kresge-Newark traditional department store chain. The discounter was renamed the Kmart Corporation in 1977. Early life and education Kresge was born near Allentown, Pennsylvania, the son of Sebastian Kresge and the former Catherine Kunkle. Living on the family farm in Kresgeville (named for his ancestors) until he was 21 years old, he was educated in the local public schools, the Fairview Academy, in Brodheadsville, Pennsylvania, and at the Eastman Business College in Poughkeepsie, New York, from which he graduated in March 1889. Career Following his graduation, he clerked in a hardware store for two years, then worked as a traveling salesman from 1892 to 1897. On March 20, 1897, Kresge began working for James G. McCrory, the founder of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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QLine
The QLine (stylized as QLINE), originally known as M-1 Rail by its developers, is a streetcar system in Detroit, Michigan, United States. Opened on May 12, 2017, it connects Downtown Detroit with Midtown and New Center, running along Woodward Avenue (M-1) for its entire route. The system is operated by M-1 Rail, a nonprofit organization. In December 2011, city and state leaders announced a plan to offer bus rapid transit service for the city and metropolitan area instead of light rail as had previously been proposed. Soon afterwards, M-1 Rail, a consortium of private and public businesses and institutions in the region, announced the plan for a streetcar line along part of the same route as the cancelled light rail plan, connecting the downtown Detroit People Mover to the Amtrak railway station in New Center and the proposed Ann Arbor–Detroit Regional Rail system. Rocket Mortgage (then known as Quicken Loans) bought the naming rights to the line, and announced the name ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Paycheck Protection Program
The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Donald Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations, and tribal businesses continue paying their workers. The Paycheck Protection Program allows entities to apply for low-interest private loans to pay for their payroll and certain other costs. The amount of a PPP loan is approximately equal to 2.5 times the applicant's average monthly payroll costs. In some cases, an applicant may receive a second draw typically equal to the first. The loan proceeds may be used to cover payroll costs, rent, interest, and utilities. The loan may be partially or fully forgiven if the business keeps its employee counts and employee wages stable. The program is implemented by the U.S. Small Business Administ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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COVID-19 Pandemic In Michigan
The first confirmed cases of COVID-19 in the U.S. state of Michigan were discovered on March 10, 2020, one day before the outbreak of the disease was officially declared a global pandemic by the World Health Organization. As of December 20, 2022, 2,977,727 cases have been identified, causing 40,657 deaths. The Michigan Department of Health and Human Services made the COVID-19 vaccines available to all residents age 16 years and older on April 5, 2021, in accordance with President Joe Biden's order directing all states to do so by April 19, 2021. As of September 29, 2022, Michigan has administered 16,758,098 doses, with 67.5% of the state's population having received the first dose, 60.6% having received a second dose, and 34.2% having received a third dose. Condensed timeline March 2020 *March 10: The state's first two cases were confirmed in Metro Detroit, one in a Wayne County resident who had traveled domestically, and one in an Oakland County resident who had travele ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New Orleans
New Orleans ( , ,New Orleans Merriam-Webster. ; french: La Nouvelle-Orléans , es, Nueva Orleans) is a Consolidated city-county, consolidated city-parish located along the Mississippi River in the southeastern region of the U.S. state of Louisiana. With a population of 383,997 according to the 2020 U.S. census, it is the List of municipalities in Louisiana, most populous city in Louisiana and the twelfth-most populous city in the southeastern United States. Serving as a List of ports in the United States, major port, New Orleans is considered an economic and commercial hub for the broader Gulf Coast of the United States, Gulf Coast region of the United States. New Orleans is world-renowned for its Music of New Orleans, distinctive music, Louisiana Creole cuisine, Creole cuisine, New Orleans English, uniq ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Fresno, California
Fresno () is a major city in the San Joaquin Valley of California, United States. It is the county seat of Fresno County and the largest city in the greater Central Valley region. It covers about and had a population of 542,107 in 2020, making it the fifth-most populous city in California, the most populous inland city in California, and the 34th-most populous city in the nation. The Metro population of Fresno is 1,008,654 as of 2022. Named for the abundant ash trees lining the San Joaquin River, Fresno was founded in 1872 as a railway station of the Central Pacific Railroad before it was incorporated in 1885. It has since become an economic hub of Fresno County and the San Joaquin Valley, with much of the surrounding areas in the Metropolitan Fresno region predominantly tied to large-scale agricultural production. Fresno is near the geographic center of California, approximately north of Los Angeles, south of the state capital, Sacramento, and southeast of San Franc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Detroit Public Schools Community District
Detroit Public Schools Community District (DPSCD) is a school district that covers all of the city of Detroit, Michigan, United States and high school students in the insular city of Highland Park. The district, which replaced the original Detroit Public Schools (DPS) in 2016, provides services to approximately 50,000 students, making it the largest school district in the state. The district has its headquarters in the Fisher Building of the New Center area of Detroit. The school district has experienced extensive financial difficulties over a series of years. From 1999 to 2005, and from 2009 to the reorganization in 2016, the district was overseen by a succession of state-appointed emergency financial managers. History The district was established in 1842, and has grown with the city. Some of the schools in the district began as part of other school districts, including Greenfield Township and Springwells Township districts, as the areas these districts covered were annex ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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University Of Michigan
, mottoeng = "Arts, Knowledge, Truth" , former_names = Catholepistemiad, or University of Michigania (1817–1821) , budget = $10.3 billion (2021) , endowment = $17 billion (2021)As of October 25, 2021. , president = Santa Ono , provost = Laurie McCauley , established = , type = Public research university , academic_affiliations = , students = 48,090 (2021) , undergrad = 31,329 (2021) , postgrad = 16,578 (2021) , administrative_staff = 18,986 (2014) , faculty = 6,771 (2014) , city = Ann Arbor , state = Michigan , country = United States , coor = , campus = Midsize City, Total: , including arboretum , colors = Maize & Blue , nickname = Wolverines , sporti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Marygrove College
Marygrove College was a private Roman Catholic graduate college in Detroit, Michigan, affiliated with the Sisters, Servants of the Immaculate Heart of Mary. It announced its closure on December 17, 2019, at end of the fall semester. History The college grew out of a postgraduate tutorial offered to one young woman graduate of St. Mary's Academy in Monroe, Michigan, in 1899. By 1905 it had grown to a two-year college for women and in 1910 it was a four-year college chartered to grant degrees. It was then known as St. Mary's College. The college moved to its current location in Detroit in 1927, and at that time became known as Marygrove College. When it moved to Detroit its president was George Hermann Derry, who was the first lay person to serve as a president of a Catholic women's college in the United States. In the decades after World War I, Marygrove College was an important local center of Catholic social action. Faculty members were chosen for their education, character ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Detroit Bankruptcy
The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. Detroit is also the largest city by population in U.S. history to file for Chapter 9 bankruptcy, more than twice as large as Stockton, California, which filed in 2012. While Detroit's population had declined from a peak of 1.8 million in 1950, its July 2013 population was reported by ''The New York Times'' as a city of 700,000. Detroit's bankruptcy filing followed a declaration of financial emergency in March 2013 that resulted in Kevyn Orr being appointed as "emergency manager" of the city by Michigan Governor Rick Snyder. Orr's subsequent negotiations sought to get creditors to willingly " take a haircut" on Detroit's debt, and were ultimately unsuccessful. On July 19, 2013, Judge Rosemarie Aquilina of the Thirtieth Judicial Circu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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HuffPost
''HuffPost'' (formerly ''The Huffington Post'' until 2017 and sometimes abbreviated ''HuffPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and covers politics, business, entertainment, environment, technology, popular media, lifestyle, culture, comedy, healthy living, women's interests, and local news featuring columnists. It was created to provide a progressive alternative to the conservative news websites such as the Drudge Report. The site offers content posted directly on the site as well as user-generated content via video blogging, audio, and photo. In 2012, the website became the first commercially run United States digital media enterprise to win a Pulitzer Prize. Founded by Andrew Breitbart, Arianna Huffington, Kenneth Lerer, and Jonah Peretti, the site was launched on May 9, 2005 as a counterpart to the Drudge Report. In March 2011, it was acquired by AOL for ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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New Center, Detroit
New Center is a commercial and residential historic district located uptown in Detroit, Michigan, adjacent to Midtown, one mile (1.6 km) north of the Cultural Center, and approximately three miles (5 km) north of Downtown. The area is centered just west of the intersection of Woodward Avenue and Grand Boulevard, and is bounded by, and includes the Virginia Park Historic District on the north, the Edsel Ford Freeway (I-94) on the south, John R Street on the east and the Lodge Freeway on the west.Randall Fogelman ''Detroit's New Center,'' Arcadia Publishing, 2004, . New Center, and the surrounding areas north of I-94, are sometimes seen as coterminous with the North End, while in fact separate districts. The heart of New Ce ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |