Fed’s Rate Hike Cycle May Be Nearly Over: Experts
The Producer Price Index for Final Demand rose 0.1% in June following a 0.4% decline in May (-0.3% in the prior release), a little below the consensus forecast for a 0.2% increase. Foods prices...
GMC Introduces Longer Driving Range for the 2024 HUMMER EV 3X Pickup
DETROIT – GMC announced the extended driving range for the 2024 GMC HUMMER EV 3X Pickup: a whopping GM-estimated 381 miles of range on a full charge on the 3X trim with the available 24-module battery...
Flexibility, Resilience Can Lead to Business Success, CEO Says
Flexibility and resilience can be the difference in a successful business, Ripple Effect CEO Amy Bielski says.
Expert: Put Sales Teams in ‘Unique Position’ to Take Control of Opportunities
Speaker tells business leaders it's their "responsibility" to build a unique process that puts sales people in a position to succeed.
Kimberly Andrews Espy Elected Wayne State University’s First Woman President
The Wayne State University Board of Governors voted unanimously to elect Kimberly Andrews Espy, Ph.D., as the university’s 13th president, effective Aug. 1. Mark Gaffney, chair of the Board of Governors, made the announcement.
Espy...
GM Names Lin-Hua Wu Senior VP, Chief Communications Officer
DETROIT – General Motors today named Lin-Hua Wu as senior vice president and chief communications officer. Wu joins GM from Google, where she has served as Vice President of Global Communications & Public Affairs since 2021, supporting the...
LAFCU appoints Leslie Rorie First African-American CFO
LANSING, Mich. — LAFCU has appointed Leslie Rorie as chief financial officer, the first African American to hold the position in the Michigan credit union’s 87-year history.
Rorie, a resident of Oak Park, joined LAFCU...
Gino Roncelli Named President/CEO at Roncelli, Inc.
STERLING HEIGHTS, Mich. – Roncelli, Inc. – one of Michigan’s largest construction services companies, with operations in the U.S. and Canada – announced recent changes to its executive leadership team.
Gino Roncelli has been...
Piper and Gold Public Relations Announces Cassie Cotton as First President
LANSING, Mich. — Piper & Gold, an award-winning and people-centric PR agency, has appointed longtime Chief of Staff Cassie Cotton as the agency's inaugural president. This strategic move marks a new chapter in the...
Bavarian Inn Matriarch Dorothy Zehnder Dies at Age 101
Dorothy Zehnder, the matriarch of the Bavarian Inn family, died July 9 with family at her side. She was 101.
Clark Hill Combines With Chicago Law Firm
International law firm Clark Hill PLC announced Thursday that the firm is expanding its Chicago office via a combination with Funkhouser Vegosen Liebman & Dunn Ltd., a full-service firm of 16 lawyers based in...
U.S. Economy Adds 209,000 Jobs in June; Unemployment at 3.6%
If the Federal Reserve’s goal is to fight off inflation by slowing down the U.S. job market, it may have gotten what it wanted, at least for one month.
Hiring was slower in June as...
First-Time Unemployment Claims See a Slight Rise
A day before it was learned the U.S. economy had added 209,000 jobs, the Labor Department released a report on Thursday showing a slight increase in first-time claims for U.S. unemployment benefits.
The report said...
Apple First to be Valued at $3 Trillion
Barriers are made to be broken, and Apple has broken another one.
Apple recently became the first publicly traded company to close a day of trading with a $3 trillion market value, the Associated Press...
Zuckerberg Launches Threads, Meta’s Answer to Twitter
Mark Zuckerberg, the owner of Facebook parent Meta, announced the launch of the initial version of Threads, an app built by the company’s Instagram team for sharing with text.
According to a release posted to the...
SCOTUS Decisions Could Impact How Businesses Operate: Experts
While two Supreme Court decisions were getting all the publicity, a ruling in a quieter case could have a large impact for businesses, legal experts say.
Workers Still Learning How to Integrate AI, ChatGPT
While AI in general, and ChatGPT in particular, are gaining popularity in the workforce, many are just beginning to understand it.
U.S. Job Openings Remain Elevated, But Dip to 9.8 Million
U.S. job openings dropped in May but are still high enough to show the U.S. job market remains resilient in the face of sharply higher interest rates.
Employers posted some 9.8 million job vacancies in...
Farbman Group Founder Burton Farbman Dies at Age 80
Burton Farbman, who founded the Southfield-based Farbman Group in 1976. died July 1. He was 80.
General Motors Acquires Israeli Battery Software Startup
GM has acquired nearly all of the assets of an Israel-based software startup
