Amazon, One Medical Close on $3.9B Buyout
SEATTLE & SAN FRANCISCO (Business Wire) — Amazon and 1Life Healthcare, Inc. announced that Amazon completed its acquisition of One Medical.
The deal is worth a reported $3.9 bilion.
Amazon and...
Inflation Slows, But Fed Expected to Continue Rate Hikes
Economists say inflation data provided the dominant economic story, unemployment is down and the Fed is expected to continue raising interest rates.
Rocket CEO Jay Farner Announces Retirement
CEO Jay Farner announced he will retire in June after more than 27 years with Rocket Companies. Farner has been Rocket's CEO since 2017.
Flagstar-New York Bank Close Deal Worth $2.6 Billion
HICKSVILLE, N.Y. (PRNewswire) — New York Community Bancorp announced that its acquisition of Troy, Mich.-based Flagstar Bancorp, Inc. was completed Thursday, creating a regional banking franchise ranking among the...
New York Community Bancorp Gets Final Approval to Buy Flagstar Bancorp
The merger of New York Community Bancorp and Flagstar Bancorp creates an institution with 395 branches across nine states.
Grand Rapids-based NCTF Invests in B2B Payment Platform Zil Money, Inc.
GRAND RAPIDS, MI – New Community Transformation Fund (NCTF), a Grand Rapids-based venture fund aimed at boosting businesses owned by people of color in West Michigan, has made an...
Comerica Bank Names New Executive Vice President, National Businesses for Energy, Renewables and Waste
DALLAS – Comerica Incorporated announced that Joe Ursuy has been named to the new role of Executive Vice President, National Businesses for Energy, Renewables, and Waste. He will report...
Comerica Bank Promotes Michigan Leaders
Comerica Bank has promoted and expanded the roles of a pair of leaders from Michigan.
Fed Raises Rate .75%, Largest Increase in 28 Years
Fed Raises Key Interest Rate by .75%, the largest increase since 1994
Study: Majority of Americans Optimistic About Their Financial Future
CHICAGO (Globe Newswire) — More than half of Americans (55%) remain optimistic about their financial future even as inflation and fears of a recession weigh on their finances. The...
Raymond James Set to Acquire TriState Capital Holdings
ST. PETERSBURG, Fla., and PITTSBURGH, Pa. (Globe Newswire) — Raymond James Financial announced it has completed the acquisition of TriState Capital Holdings, Inc.
“The strategic and cultural fit between Raymond...
DFCU Financial Set to Acquire Florida Bank
DEARBORN, Mich. & TAMPA, Fla. (Globe Newswire) — The Boards of Directors of DFCU Financial and First Citrus Bancorporation, Inc., the holding company for First Citrus Bank, announced the...
Raymond James Financial To Acquire SumRidge Partners
ST. PETERSBURG, Fla. (Globe Newswire) — Raymond James Financial, Inc. announced that it has reached an agreement to acquire SumRidge Partners, LLC, a top ranked, technology-driven fixed income market...
Auto Insurance Checks to Hit Mailboxes Starting This Week: Whitmer
Gov. Gretchen Whitmer announced Monday that $400 refund checks would be going out to Michigan car owners this week.
Experts Say Planning, Flexibility Are Keys to Successful Tax Season
There have been changes to tax laws that have happened, and some that are just being discussed. Either way, planning is the key to the best tax season, experts say.
CEED Lending Adds Loan Program for Oakland County Businesses
CEED Lending, the lending arm of the Great Lakes Women's Business Council, has added a revolving loan fund designed to help small businesses in Oakland County.
Expert: Plan Early, Find Incentives as Tax Season Moves In
Experts say that planning, being nimble and knowing how to optimize incentives are keys to a successful tax season.
Merger Moves CPA Firm Higher in National Ranking
A merger between Doeren Mayhew and Beene Garter moves the Michigan-based CPA firm closer to the top 50 in size in the U.S.
State Amends Tax Act to Benefit Flow-Through Entities
A late-December change to Michigan's Tax Act changes how flow-through companies can file their taxes.
PayPal, Venmo, CashApp Now Required to Report Transactions of $600 or More to IRS
A new tax law ushered in by the American Rescue Plan sets a much lower threshold for reporting business transactions made using payment apps such as Venmo, PayPal and...