Ford Invests in Nickel Production in Indonesia in Effort to Make EV Batteries ‘More...
JAKARTA — PT Vale Indonesia Tbk and China’s Zhejiang Huayou Cobalt Co. announced an agreement with global automaker Ford Motor Co., creating a three-party collaboration to advance more sustainable nickel production in Indonesia and...
Fed Board Softens Stance on Future Rate Hikes
As expected, the Federal Open Market Committee (FOMC) raised the fed funds target 0.25 percentage points to a range of 4.75%-to-5.00% on March 22. The FOMC softened their forward guidance: Where the previous statement...
Unemployment Claims Rise as Fed Continues Rate Hikes
Applications for unemployment assistance went up slightly last week, though they remain at historically low levels.
According to statistics released by the Labor Department Thursday, jobless claims in the U.S. rose to 198,000 during the...
General Motors Celebrates Top Global Suppliers at 31st Annual Supplier of the Year Event
SAN ANTONIO – General Motors recently celebrated its top global suppliers during its annual Supplier of the Year event held in San Antonio, Texas. In total, 121 suppliers were recognized at the event, with 105...
Consumer Confidence Up Slightly Amid Financial Crises
WASHINGTON — After dipping the last couple of months, consumer confidence was up a bit in March, according to a report from the Conference Board.
The Conference Board reported Tuesday that its consumer confidence index...
GMC, EarthCruiser Partner to Shape the Future of Overlanding
DETROIT — GMC and EarthCruiser Overland Vehicles are teaming in a project officials say will help "shape the future of overlanding" with focused product development and innovative technologies that will provide zero-tailpipe-emission solutions to the...
Henry Ford Medical Group Appoints Dr. Brien J. Smith to Top Neurology Role
Dr. Brien J. Smith, a national expert in neurology and epilepsy, as the new Chair of the Department of Neurology for Henry Ford Medial Group.
Corewell Health names new VP of Government Relations, Chief Government Affairs Officer
Kristina Ko is the new vice president, of government relations and public policy and chief government affairs officer for Corewell Health.
David Barfield, Terry Barclay elected chair, vice chair for TNC in Michigan Board
The Nature Conservancy announced David Barfield has been elected chair of TNC in Michigan’s Board of Trustees. Terry Barclay has been elected vice chair.
Merrill Lynch Wealth Management Names Michael Mercer as Market Executive
Merrill Lynch Wealth Management’s Michael Mercer has been named the new Market Executive for the Farmington Hills market in Michigan.
Farbman Group Hires Lauren Lindsey as Social Media Specialist
Lauren Lindsey has joined Farbman Group as the company's new social media specialist.
SECURE Act 2.0 Looks to Improve Retirement Benefits for American Workers
The SECURE Act 2.0 is designed to help companies improve the retirement packages they can offer their workers.
Whitmer Signs ‘Restoring Workers’ Rights’ Bill Package Into Law
Gov. Gretchen Whitmer signed a package of bills into law she says restore and protect workers' rights.
State Launches New App to Prevent Opioid Overdoses
The Health and Human Services Department has launched OpiRescue, an app designed to help the general public reverse opioid-related overdoses.
Ronald McDonald House Expands to Serve More Families
GRAND RAPIDS, Mich. — Leaders of the Ronald McDonald House (RMH) announced the More Rooms, More Love campaign, a $2 million fundraising effort to expand and renovate the House at 1323 Cedar, NE in Grand...
Gustafson Appointed VP, COO of Ilitch Sports + Entertainment
With current CEO Chris McGowan leaving, Ryan Gustafson has been appointed vice president and COO of Ilitch Sports + Entertainment.
Ford Expects $3 Billion in EV Losses as it Rolls Out New Financial Reporting...
NEW YORK – Ford Motor Co. expects to lose some $3 billion on its electric vehicle business in 2023, a loss for which it figures to more than make up for as EVs become increasingly...
Sixth Generation Camaro Bows Out, Chevy Announces Final Collector’s Edition
DETROIT – After nine strong model years in the market, with hundreds of thousands sold, the sixth generation Chevrolet Camaro will retire at the conclusion of model year 2024. The final sixth generation Camaros will...
Expert: Bank Investors the Victims in Collision of Extreme Fiscal, Monetary Policies
The collision of extreme fiscal and monetary policies has finally arrived, with the victims being investors in banks with narrowly focused deposit, lending, and securities portfolio strategies.
To be sure, the collapse last week of...
Existing-Home Sales Surged in February, Ending 12-Month Streak of Declines
WASHINGTON — Existing-home sales reversed a 12-month slide in February, registering the largest monthly percentage increase since July 2020, according to the National Association of REALTORS. Month-over-month sales rose in all four major U.S....
