Michael Lee

Detroit, London

Managing Editor at Crain's Detroit Business

Husband. Father. Managing editor, Crain's Detroit Business, @CrainsDetroit. Ex-Associated Press, Oakland Press, State News.

Articles

Metro Detroit companies take a beating in Wall Street's post-tariff selloff

3 weeks ago | crainsdetroit.com | Michael Lee |Joe Boomgaard

Stock prices for metro Detroit's publicly traded companies fell Thursday, erasing billions in paper value a day after President Donald Trump imposed sweeping tariffs on the United States’ global trading partners. All but three local public companies saw stock declines. The only gainers were DTE Energy Co. and CMS Energy Co., utilities that are a traditional "flight to safety" stock pick. The other was manufactured-home park operator Sun Communities Inc.
U.S. Digital Infrastructure Market Offers Opportunity in 2025: Key Insights from Metro Connect USA

1 month ago | lexology.com | Brandon Howald |Taylor Hart |John Creedon |Michael Lee |David Harris |Peter Scherer

Ropes & Gray participated in Metro Connect USA, the largest digital infrastructure conference in the United States. Leaders from every sector of the U.S. digital infrastructure market gathered in Fort Lauderdale, Florida, on February 23–25. From fiber optics to data centers, the major industry takeaway is that the sector is active, growing and continuously innovating. Here are some key insights we’d like to share coming out of the conference.
The Roadmap to a Deflationary Energy Transition in North America

Jan 10, 2025 | nacleanenergy.com | Michael Lee

After this election, it’s clear that inflation is still very much on everyone’s mind. We need to ensure that an energy transition is linked to deflationary outcomes for us to have the social permission of the general public. Over the last five years, we have seen exponential growth in solar and wind energy, with solar becoming the fastest-growing power source in the country.
Santander Commercial Bank Delivers New Products and Digital Capabilities

Nov 14, 2024 | ffnews.com | Michael Lee

Santander Bank, N.A. (“Santander” or “the Bank”) announced today that is has expanded its suite of digital cash management solutions to enhance the commercial client experience while reducing its overall cost to serve. With an increased focus on mobile banking and investments in treasury products, the Bank will continue to expand its offerings in 2025.
Mastering Power Calculations in Evony: The King’s Return

Oct 15, 2024 | gamenguide.com | Michael Lee

By Michael lee , Updated Oct 15, 2024 09:15 AM EDT In Evony: The King's Return, Power is the key metric that defines your overall strength and progress within the game. Whether you are engaging in epic battles, managing resources, or upgrading your city, every action you take impacts your Power. Understanding how to maximize Power growth is essential for excelling in PvP battles, improving your rank, and leading your alliance to victory.
Trio of 'innovation hubs' set to alter entrepreneurial landscape

Sep 11, 2024 | crainsdetroit.com | Michael Lee

Critical mass is the name of the game. A trio of separate projects backed by some of the biggest names in Detroit business are all aiming for similar goals: fostering innovation. And they’re going to change Michigan’s startup economy and business landscape. One of those projects, the renovation of Michigan Central and the nearby book depository building that now houses the Newlab incubator, is already well under way. Two others are in different stages of development.
FTC’s landmark rule prohibiting noncompetes set for September amid lawsuits

Jun 9, 2024 | dailyherald.com | Michael Lee |Madeline F. Kelleher

Madeline F. Kelleher Michael D. Lee In a landmark decision on April 23, the Federal Trade Commission banned the use of noncompete clauses in employment agreements, set to take effect Sept. 4. As expected, lawsuits challenging the decision have been filed seeking to invalidate it. So what is a noncompete?
The Changing Landscape for Investors: What’s Ahead for Private Equity?

May 16, 2024 | lexology.com | Michael Lee

Ropes & Gray was proud to sponsor the 12th Annual Private Equity New York Forum in New York, held on May 15. At the conference, attendees heard from leading fund managers on a broad range of important topics impacting the private equity industry today, including the key challenges and opportunities for private equity investors in the U.S. and around the world.
Challenger promotes three staffers

Apr 10, 2024 | industrymoves.com | Elizabeth Fry |Michael Lee

Challenger Investment Management has promoted two senior investment staffers and a relationship manager. Michael Lee has been appointed portfolio manager after less than two years of working as a senior analyst in the firm's acquisition finance business. There, Lee was responsible for supporting senior team members in structuring, executing and monitoring debt investments. He has over four years of experience in private credit and leveraged finance.
The biggest Michigan M&A deals got quite a bit less big in 2023

Feb 26, 2024 | crainsdetroit.com | Michael Lee

In 2023, the biggest deals got less big – by quite a bit. The number of mergers and acquisitions valued at more than $1 billion involving Michigan companies declined to just four deals last year, compared with 10 in 2022, according to Crain’s annual list of biggest deals. All Access subscribers have access to the full Crain's list of largest Michigan M&A deals from 2023. The list is available to All Access subscribers here, and you can explore an All Access subscription here.