THE NEWS: Seven cultural organizations in Detroit's Midtown area will reopen July 10, following a four-month shutdown due to COVID-19. They include the Carr Center, Charles H. Wright Museum of African American History, Detroit Historical Museum, Detroit Institute of Arts, Hellenic Museum of Michigan, Michigan Science Center and The Scarab Club.
Why it matters: The groups have been collaborating since late April on a plan coordinated by Midtown Detroit Inc. to safely reopen. They tapped Ann Arbor-based NSF International to help develop new requirements and recommendations to keep staff and visitors safe.
THE NEWS: Gov. Gretchen Whitmer on Thursday allowed for the return of pro sports in Michigan as long as fans aren't in attendance. The move followed Major League Baseball's decision this week to set a 60-game schedule to start July 23 or July 24 in empty ballparks. Only staff of the facility and media can attend.
Why it matters: After several months almost entirely devoid of team sports, MLB and the Detroit Tigers would fill a cultural vacuum, at least on television.
THE NEWS: An Ingham County judge has granted Attorney General Dana Nessel's request to order Enbridge Inc. to temporarily shut down its Line 5 oil pipeline in the Straits of Mackinac pending an investigation into a damaged support. Nessel sought the temporary restraining order after Enbridge quickly resumed sending oil through the west leg of its twin 20-inch underwater pipelines at the bottom of Lake Michigan.
Why it matters: A week ago, Enbridge discovered a damaged support under the east leg of the pipeline, prompting a two-day shutdown of oil flowing through the four-mile-long pipeline at the straits.
THE NEWS: The University of Michigan board of regents deadlocked Thursday in a 4-4 vote on approving the administration's budget for the 2020-21 year, which included a 1.9 percent tuition increase, amid uncertainty caused by the COVID-19 pandemic. The university's budget expires July 1. UM President Mark Schlissel said administrators would go back and work through changes to the budget targeted to be presented at the board's next meeting July 16.
Why it matters: Regents debated whether students could afford the tuition increase in a recession, as well as financial and enrollment uncertainty as the university works out specifics of how fall instruction will proceed amid COVID-19 concerns. "We'll bring back a budget in July ... and until then, we'll live with continued uncertainty," Schlissel said after the vote.
THE NEWS: Farmington Hills biotech company Ocuphire Pharma Inc. last week announced it had a reached a definitive agreement to merge with Rexahn Pharmaceuticals Inc. (NasdaqCM: REXN) of Rockville, Md., in a deal that would result in Ocuphire becoming publicly traded.
Why it matters: The deal provides a path to public markets for the privately held Ocuphire, headed up by CEO Mina Sooch. The company's eye drugs are in middle- and late-stage testing.
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June 28, 2020 at 10:22AM
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Need to know June 27-29: The Week In Review, with an eye on what's next - Crain's Detroit Business
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