Amazon to Cut Charity Program in Latest Cost-Cutting Move
Amazon has already announced it will be laying off thousands of employees as part of what the company said are necessary cost-cutting moves.
The latest Amazon program to hit the chopping block? AmazonSmile, the charity...
For It’s 70th Birthday, Chevy Gives the World an Electrified ‘Vette
NEW YORK – Exactly 70 years after the Corvette debuted at Motorama in New York City, Chevrolet has returned to introduce the first-ever electrified Corvette with all-wheel-drive and a powerful 6.2L LT2 Small Block V-8,...
SBA Accepting Applications for Veteran Small Business Certification Program
WASHINGTON D.C. (Globe Newswire) — The U.S. Small Business Administration has begun accepting applications through the Veteran Small Business Certification (VetCert) program as part of the Biden-Harris Administration’s commitment to expanding access to resources...
Staffing Expert: Worker Shortage Still a ‘Top Issue’ for Companies
A national staffing expert says a nationwide worker shortage is still among the top issues facing CEOs today.
U.S. Hits Debt Limit, Takes ‘Extraordinary Measures’
The U.S. is taking what Treasury Secretary Janet Yellen called "extraordinary measures" as the U.S. comes up against the debt ceiling.
As Inflation Lowers, Household Concerns Are Lowering, Too
As inflation begins to lower, household inflation expectations are lowering right along with it.
U.S. Prices Drop for First Time Since May 2020; Inflation Rate Falls to 6.5%
Maybe it wasn’t much, but it was a signal that inflation could be easing.
According to statistics released by the U.S. Labor Department Thursday, consumer prices in December posted their biggest monthly decline since early...
U.S. Adds 223,000 Jobs; Unemployment Rate Falls to 3.5%
The U.S. economy added 223,000 jobs in December; combining this job growth with a 28,000 downward revision to jobs in October and November, the net monthly change in payrolls was close to economists’ consensus...
Unemployment Claims Fall to 15-Week Low
Fifteen weeks and counting.
That’s how long it’s been since the rate of applications for first-time unemployment applications have been this low.
According to statistics released Thursday by the U.S. Labor Department, applications fell by 1,000...
Fed Official: More Rate Hikes Are Coming as Inflation Flight Continues
Federal Reserve officials raised interest rates half a dozen times in 2022, all in an effort to fight off decades-high inflation in the U.S.
If remarks made by Fed Governor Michelle Bowman in Miami this...
Ford, GM Part of Virtual Power Plant Partnership
On Tuesday, Ford announced the formation of the Virtual Power Plant Partnership (VP3), a coalition led by the Rocky Mountain Institute (RMI) aimed to scale the market for virtual power plants to help advance affordable,...
Report Points to More Online Life Insurance Shopping
CHICAGO (Globe Newswire) — More than four in 10 consumers go online or use an app when shopping for life insurance, according to a new TransUnion report. This is a significant shift as the...
State’s Top Companies Honored With ‘Best of MichBusiness’ Awards
Dozens of Michigan businesses were honored in a virtual ceremony recognizing the "Best of MichBusiness" winners for 2022.
Ford Taps Johnson Controls’ Currie to Head Americas Manufacturing, Labor Affairs
Ford has named Johnson Controls executive Bryce Currie to replace the retiring John Savona as head of its Americas Manufacturing operations.
Detroit Casinos Produce $1.276 Billion in Aggregate Revenue During 2022
Detroit casinos produced slightly less revenue in 2022 as they did the year before. The $1.276 billion, compared to $1.294 billion in 2021.
Taft Completes Merger With Jaffe Raitt Heuer & Weiss, Expanding Its Midwest Reach to...
Jaffe Raitt Heuer & Weiss, a Detroit-area firm with more than 120 attorneys representing over 25 practice areas, joined Taft. The move was effective Dec. 31.
With this addition, Taft is now comprised of more...
Art Foundation, Community Financial Credit Union Launch Phase Two of Plymouth ArtWalk Program
DETROIT — Art Foundation, the nonprofit established by local Detroit artist Tony Roko, has officially launched phase two of its signature Plymouth ArtWalk program. Continuing the program’s successful first phase, completed in May 2021, the...
Supplier Diversity Increasingly Important in Current Business Climate
Businesses can advocate for supplier diversity without spending buckets of money. Indirect areas — facilities management, health care, construction and site maintenance and legal — can be targets of supplier diversity efforts.
Expert Helps Businesses Make Their Way in the DE&I Space
Diveresity expert knows one’s personal experience can make them different, and now advises companies on getting started in the DE&I space.
Whitmer Encourages Michiganders to Take Advantage of Health Care Savings During Open Enrollment
With the open enrollment deadline looming, Michigan Gov. Gretchen Whitmer is urging residents to buy a health-care plan.
