Manuel Moroun
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Manuel Moroun
Manuel "Matty" Moroun (June 5, 1927 – July 12, 2020) was an American billionaire businessman, most notable as the owner of the Ambassador Bridge international crossing connecting Detroit, Michigan, and Windsor, Ontario. The bridge, which Moroun purchased from the Bower family in 1979, is one of the few privately-owned border crossings between the United States and Canada. The bridge is now estimated to be worth between $1.5 and $3 billion. CenTra, Inc. is also the controlling body of Central Transport International, an LTL trucking carrier. Moroun also had a controlling stake in Universal Truckload Services Inc., which is a holding company for several over-the-road truck lines and logistics companies (Universal Am-Can Ltd., Mason Dixon Lines, Economy Transport, Cavalry Logistics, Louisiana Transportation, Inc., etc.). Moroun was formerly owner of the Roosevelt Warehouse and of Michigan Central Station. On June 11, 2018, Matthew Mourun confirmed the transfer of possession and s ...
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Detroit
Detroit ( , ; , ) is the largest city in the U.S. state of Michigan. It is also the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. The City of Detroit had a population of 639,111 at the 2020 census, making it the 27th-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the second-largest in the Midwest after the Chicago metropolitan area, and the 14th-largest in the United States. Regarded as a major cultural center, Detroit is known for its contributions to music, art, architecture and design, in addition to its historical automotive background. ''Time'' named Detroit as one of the fifty World's Greatest Places of 2022 to explore. Detroit is a major port on the Detroit River, one of the four major straits that connect the Great Lakes system to the Saint Lawrence Seaway. The City of Detroit anchors the second-largest regional economy in t ...
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Detroit International Bridge Company
The Ambassador Bridge is a tolled international suspension bridge across the Detroit River that connects Detroit, Michigan, United States, with Windsor, Ontario, Canada. Opened in 1929, it is the busiest international border crossing in North America in terms of trade volume, carrying more than 25% of all merchandise trade between the United States and Canada by value. A 2004 Border Transportation Partnership study showed that 150,000 jobs in the Detroit–Windsor region and US$13 billion in annual production depend on the Detroit–Windsor international border crossing. The bridge is one of the few privately owned US–Canada crossings; it was owned by Grosse Pointe billionaire Manuel Moroun, until his death in July 2020, through the Detroit International Bridge Company in the United States and the Canadian Transit Company in Canada. In 1979, when the previous owners put it on the New York Stock Exchange and shares were traded, Moroun was able to buy shares, eventua ...
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Shareholder Oppression
Shareholder oppression occurs when the majority shareholders in a corporation take action that unfairly prejudices the minority. It most commonly occurs in non-publicly traded companies, because the lack of a public market for shares leaves minority shareholders particularly vulnerable, since minority shareholders cannot escape mistreatment by selling their stock and exiting the corporation. The majority shareholders may harm the economic interests of the minority by refusing to declare dividends or attempting a squeezeout. The majority may physically lock the minority out of the corporate premises and even deny the minority the right to inspect corporate records and books, making it necessary for the minority to sue every time it wants to look at them. An important concept in law pertaining to shareholder oppression is the "reasonable expectations" of the minority shareholder. The "fair dealing" standard is also sometimes used by courts. The potential for shareholder oppression ar ...
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Human Resources
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include manpower, Labour (human activity), labor, personnel, associates or simply: people. The Human Resources department (HR department) of an organization performs human resource management, overseeing various aspects of employment, such as compliance with labor law and employment standards, job interview, interviewing and selection, performance management, administration of Employee benefits, organizing of employee files with the required documents for future reference, and some aspects of recruitment (also known as talent acquisition) and employee offboarding. They serve as the link between an organization's management and its employees. The duties include planning, recruitment and selection process, posting job ads, evaluating the performance ...
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Grosse Pointe Shores
Grosse Pointe Shores is a city in Macomb and Wayne County in the U.S. state of Michigan. The population was 3,008 at the 2010 census. Grosse Pointe Shores was incorporated as a village in 1911 and was part of Grosse Pointe Township in Wayne County and Lake Township in Macomb County. Both townships became defunct with the village incorporated as a city in 2009. It is a northeastern suburb of Metro Detroit and is the northernmost city included into the Grosse Pointe area. Located along the shores of Lake St. Clair, the city is well known as the location of the Edsel and Eleanor Ford House and the Grosse Pointe Yacht Club. History Grosse Pointe Shores was incorporated as a village in 1911. The village incorporated as a city in 2009. In 2011, the city government stated that it is considering trying to move all of the city into Macomb County, since Macomb County has lower taxes than Wayne County. Geography According to the United States Census Bureau, the city has a total a ...
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Urban Decay
Urban decay (also known as urban rot, urban death or urban blight) is the sociological process by which a previously functioning city, or part of a city, falls into disrepair and decrepitude. There is no single process that leads to urban decay which is why it can be hard to encapsulate its magnitude. Urban decay can include the following aspects: * Deindustrialization * Depopulation * Counterurbanization * Economic Restructuring * Abandoned buildings or infrastructure * High local unemployment * Increased poverty * Fragmented families * Low overall living standards or quality of life * Political disenfranchisement * Crime * Elevated levels of pollution * Desolate cityscape known as greyfield land or urban prairie Since the 1970s and 1980s, urban decay has been a phenomenon associated with some Western cities, especially in North America and parts of Europe. Cities have experienced population flights to the suburbs and exurb commuter towns; often in the form of white ...
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Brian Mulroney
Martin Brian Mulroney ( ; born March 20, 1939) is a Canadian lawyer, businessman, and politician who served as the 18th prime minister of Canada from 1984 to 1993. Born in the eastern Quebec city of Baie-Comeau, Mulroney studied political science and law. He then moved to Montreal and gained prominence as a labour lawyer. After placing third in the 1976 Progressive Conservative leadership election, he was appointed president of the Iron Ore Company of Canada in 1977. He held that post until 1983, when he successfully became leader of the Progressive Conservatives. He then led the party to a landslide victory in the 1984 federal election, winning the second-largest percentage of seats in Canadian history (at 74.8 percent) and receiving over 50 percent of the popular vote. Mulroney later won a second majority government in 1988. Mulroney's tenure as prime minister was marked by the introduction of major economic reforms, such as the Canada–United States Free Trade Agreem ...
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Hugh Segal
Hugh Segal (born October 13, 1950) is a Canadian political strategist, author, commentator, academic, and former senator. He served as chief of staff to Ontario Premier Bill Davis and later to Canadian Prime Minister Brian Mulroney. Segal resigned from the Senate of Canada on June 15, 2014, as a result of his appointment as master (later principal) of Massey College in Toronto. Life and career Politics and public policy Segal was inspired by a visit from Prime Minister John Diefenbaker in 1962 to his school, United Talmud Torah Academy in Montreal. Segal went on to graduate from the University of Ottawa and was an aide to federal Progressive Conservative Leader of the Opposition Robert Stanfield in the early 1970s, while still a university student. At the age of 21, he was an unsuccessful Progressive Conservative candidate in Ottawa Centre for the House of Commons of Canada in the 1972 general election. He was defeated again in 1974. As a member of the Big Blue Machine, S ...
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Mark R
Mark may refer to: Currency * Bosnia and Herzegovina convertible mark, the currency of Bosnia and Herzegovina * East German mark, the currency of the German Democratic Republic * Estonian mark, the currency of Estonia between 1918 and 1927 * Finnish markka ( sv, finsk mark, links=no), the currency of Finland from 1860 until 28 February 2002 * Mark (currency), a currency or unit of account in many nations * Polish mark ( pl, marka polska, links=no), the currency of the Kingdom of Poland and of the Republic of Poland between 1917 and 1924 German * Deutsche Mark, the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until 2002 * German gold mark, the currency used in the German Empire from 1873 to 1914 * German Papiermark, the German currency from 4 August 1914 * German rentenmark, a currency issued on 15 November 1923 to stop the hyperinflation of 1922 and 1923 in Weimar Germany * Lodz Ghetto mark, a special currency for Lodz Ghetto. * R ...
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Gordie Howe International Bridge
The Gordie Howe International Bridge (french: Pont International Gordie-Howe), known during development as the Detroit River International Crossing and the New International Trade Crossing, is a cable-stayed international bridge across the Detroit River, currently under construction. The crossing will connect Detroit and Windsor by linking Interstate 75, Interstate 94 and Interstate 96 in Michigan with Highway 401 in Ontario (through the Rt. Hon. Herb Gray Parkway extension of Highway 401). The bridge will provide uninterrupted freeway traffic flow, as opposed to the current configuration with the nearby Ambassador Bridge that connects to city streets on the Ontario side. The bridge is named after Canadian ice hockey player Gordie Howe, whose celebrated career included 25 years with the Detroit Red Wings, and who died two years before construction began. First proposed in 2004, the project was met with prominent opposition by Ambassador Bridge owner Manuel Moro ...
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Michigan Court Of Appeals
The Michigan Court of Appeals is the intermediate-level appellate court of the state of Michigan. It was created by the Michigan Constitution of 1963, and commenced operations in 1965. Its opinions are reported both in an official publication of the State of Michigan, ''Michigan Appeals Reports'', as well as the unofficial, privately published ''North Western Reporter'', published by West. Appeals from this court's decisions go to the Michigan Supreme Court. History The court originally had only nine judges. The number was steadily increased by the Michigan Legislature to accommodate the court's growing caseload—to 12 in 1969, to 18 in 1974, to 24 in 1988, and to 28 in 1993. In 2012, Michigan Governor Rick Snyder signed into law legislation which provided for the transition of each of the court's 4 election districts to 6 judges, which will bring the court back to 24 judges over time through attrition. Overview The court has 25 judges who are elected from four electoral distr ...
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