Stellantis Invests in CTR to Strengthen Low Emissions U.S. Lithium Production
AMSTERDAM – Stellantis N.V. and Controlled Thermal Resources Holdings Inc., announced a major investment of over $100 million from Stellantis to advance the development of CTR’s Hell’s Kitchen project, the world’s largest geothermal lithium...
U.S. Steel Rejects $7.3 Billion From Rival Cleveland-Cliffs
PITTSBURGH (Business Wire) — United States Steel Corp., confirmed that it had invited its rival, Cleveland-Cliffs Inc., to participate in its previously announced strategic review process.
U.S. Steel then rejected a $7.3 billion buyout proposal...
Author, Former Detroit Policer Officer Robinson Fights for Justice, Fairness
SOUTHFIELD, Mich. – David Robinson is on a mission -- the pursuit of social justice and fairness.
Since his youth, Robinson has always pursued what is right. Doing the right thing and expecting the same...
UAW Taking Strike Vote as Contract Talks Dally
With talks on a new deal going slowly, the UAW is asking its members to take a strike-authorization vote by Aug. 24.
Various Factors Presenting Commercial Real Estate Challenges
Factors ranging from lingering effects of the pandemic to rising interest rates are having an impact on the commercial real estate market across the state.
Detroit Casinos Report $107.2 Million in July Revenue
DETROIT — Gamblers appear to be spending marginally more money at the three Detroit casinos – particularly the MGM Grand – than they did a year ago.
According to a release posted to the State...
D.A. Blodgett-St. John’s Opens $13.9 Million Facility as Part of Campus Integration Plan
GRAND RAPIDS, Mich. — D.A. Blodgett - St. John’s recently cut the ribbon on its 43,000 square feet, $13.9 million headquarters facility on the organization’s expanded 36-acre wooded campus in Northeast Grand Rapids.
The...
Community Financial Credit Union Reveals New Brand With Refined Name, Logo
Plymouth, Mich. – Community Financial Credit Union, a non-profit financial institution owned and governed by its members, this week unveiled its new brand identity featuring a symbolic logo, vibrant color palette and transition to...
Cadillac Unveils Electric Escalade IQ
Cadillac unveiled the first-ever all-electric 2025 Escalade IQ, a reimagination of the luxury full-size SUV experience, brimming with iconic design, the highest level of craftsmanship and the latest automotive technology.
Cadillac unveiled the new Escalade...
Biden Signs Executive Order Blocking Investment in Chinese Technology
An executive order signed Wednesday by President Joe Biden would block and regulate high-tech U.S.-based investments going in Chinese technology. It covers advanced computer chips, micro electronics, quantum information technologies and artificial intelligence.
The order blocks...
Unemployment Applications Rise to Five-Week High
The number of U.S. workers applying for unemployment benefits is on the rise.
U.S. applications for unemployment assistance rose to 248,000 for the week ending Aug. 5, according to statistics released by the Labor Department....
Experts: Data Shows Cooling Job Market
Economic data released this week showed a cooling labor market, with 187,000 jobs were added in July, below the consensus forecast for 200,000.
The prior two months’ job gains were revised down by 49,000, as...
Campell Soup Buys Sovos Brands for $2.7 Billion
CAMDEN, N.J. & LOUISVILLE, Colo. (Business Wire) -- Campbell Soup Company and Sovos Brands, Inc. announced that the companies have entered into an agreement for Campbell to acquire Sovos Brands, Inc. for $23 per share in...
Fourth-Generation Leader Knows Where Success Lies: In Company’s Legacy
Barton Malow President/CEO Ryan Maibach, a fourth-generation leader, knows where the keys to the company's success lies: In its legacy.
Job Gains Slowed Again in July But Unemployment Edged Lower
The U.S. added a lower-than-expected 187,000 jobs in July, but the unemployment rate still dipped, falling to 3.5%.
GM’s Barra Talks Economy, Auto Demand and China in TV Appearance
In a national television interview, GM CEO Mary Barra talked about energy policy, infrastructure and China.
Ferris State Faculty Member Researching Ways to Help Businesses Succeed Focusing on Sustainability
ENSCHEDE, Netherlands – Ferris State University professor Henry Ho is working with researchers in the Netherlands to help businesses learn how sustainability can help them lower costs while being better stewards of the planet....
Green Light Growth Acquires, Rebrands Middleville Tool & Die Co.
GRAND RAPIDS, Mich. – Michigan-basedGreen Light Growth Partners, LLC, a private investment firm specializing in the automotive industry, announced the acquisition and rebranding of Middleville Tool & Die Co., a market leader in metal...
Buddy’s Pizza Names Chris Tussing as its New CEO
Buddy's Pizza has named 25-year veteran Chris Tussing as its new CEO.
Yellow Closes Michigan Facilities, Heads for Bankruptcy
Yellow Corp., has closed its Michigan operations and laid off more than 650 workers as the trucking company files for Chapter 11 Bankruptcy protection.
