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Illitch Holdings has elevated Ryan Gustafson to CEO of Illitch Sports + Entertainment.
Plunkett Cooney associate attorney Michael D. Hanchett was recently named to the 2024 Class of Up & Coming Lawyers by Michigan Lawyers Weekly (MiLW), an industry publication serving the state’s legal community. Hanchett, along with 28 other Michigan attorneys, will be honored at a recognition luncheon on April 26 at...
At a recent meeting of the Board of Directors of Plunkett Cooney, one of the Midwest’s oldest and most accomplished law firms, partners Scott K. Lites, Michael P. Ashcraft, Jr. and Audrey J. Forbush were elected to Board leadership positions. Lites was elected Chair while Ashcraft was re-elected Secretary/Treasurer and...
Alfa Laval just published a brand new edition of the company’s renowned Pump Handbook. The 375-page handbook is free and contains scholarly information on basic pump functionality and in-depth guidelines for sizing and selecting the right pump type for optimum efficiency. The handbook is packed with real-life examples to...
The Alzheimer's Caregivers Network announced the launch of its brand-new resource, "Navigating Alzheimer’s Disease: A Map for Caregivers." This free, comprehensive manual is specifically designed to empower and support caregivers through every stage of Alzheimer's disease. This manual isn’t just another book. It’s the culmination of countless conversations with caregivers,...
Since March 2022, the Federal Reserve raised its benchmark interest rate 11 times. Following the Fed’s March meeting, instead of cutting the rate, officials left it where it was for the fifth straight meeting. But they did indicate they expect to cut interest rates three times this year, despite the U.S....
It likely won’t be as big a hike as last year, but the largest U.S. retail trade group thinks retail sales are going to take another jump this year. After posting a 3.6% increase a year ago, the National Retail Federation said this week it expects retail sales in the...
The number of U.S. workers applying for unemployment benefits dropped a little last week as the job market showed signs of continued strength. According to statistics released by the U.S. Department of Labor Thursday, the number of jobless claims fell by 2,000 to some 210,000. The four-week average, though, was...
Unilever said Tuesday that it is cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits. London-based Unilever, the company that makes Ben & Jerry’s ice cream, Dove soaps and Vaseline,  said in a press release posted to its website Tuessay that its ice...
The Federal Reserve’s March decision was as-expected, extending the pause on rate changes that followed their last hike in July 2023. The March decision was unanimous. The key phrase in the monetary policy statement was that the risks to the Fed “achieving its employment and inflation goals are moving into...
HUDSON, Ohio (Globe Newswire) — Joann Inc., the nation’s category leader in sewing and fabrics with one of the largest arts and crafts offerings, has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending and some pandemic-era hobbies. Joann announced it has entered into...
LAFCU’s IT manager, Ahmed Issawi, was recently on the world stage after being selected to present at the Service Management World Conference in Orlando, Florida. The annual conference brings service management leaders and technical support professionals from across the globe to explore the strategic and tactical elements of optimal...
Gardner White officials stayed in the family for new leadership, choosing Rachel Stewart to succeed her parents as the furniture retailer's new CEO.
Four Merrill Advisors from Metro Detroit made Forbes’ 2024 “Top Women Wealth Advisors Best-in-State” list: Kristina Abro, Nicole Christians, Nicole Norris and Melissa Spickler. Additionally, Spickler was named to Forbes’ “America’s Top Women Wealth Advisors” list. Spickler of Bloomfield Hills joined Merrill in 1980, and holds the Chartered Retirement Planning...
Miller Canfield law firm announces new CEO.
Federal Reserve officials were looking at potentially cutting interest rates soon if consumer prices started coming down. For now, that doesn’t seem to be the case. Consumer prices in the United States picked up last month, rising 0.4% from January to February, higher than the previous month’s figure of 0.3%, according...
The CPI index likely ran hot in February on higher gasoline prices, but core inflation likely slowed further as car prices fell and rent increases moderated. Producer prices likely rose less than retail prices in the month, but were nevertheless higher as more expensive diesel caused transportation and warehousing...
While the number of Americans applying for unemployment benefits last week went down a bit, the overall number of workers collecting jobless benefits was up. Both numbers, though, remain at historically low levels. The Labor Department reported Thursday that filings for unemployment claims for the week ending March 9 ticked down...
Cadillac gave the world a taste of what the future of electric performance could render, sharing a sneak peek at Opulent Velocity — a concept vehicle designed to celebrate the past, present and future of Cadillac and its performance brand, V-Series. Opulent Velocity represents the duality of the Cadillac brand...
That didn’t last long. Shoppers pulled back on their spending in January, but apparently picked it back up last month. Retail sales rose 0.6% last month after falling a revised 1.1% in January, dragged down in part by inclement weather, according to a report released Thursday by the Commerce Department. February's...

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