Essence Restaurant Group Acquires Lucy’s in Creston Neighborhood
GRAND RAPIDS, Mich. — Grand Rapids-based Essence Restaurant Group, owners of The Green Well, Bistro Bella Vita and Grove, has acquired popular Creston café Lucy's from CWD Real Estate. The terms of the sale call for Essence to own the...
Distillery Breaks Ground on New Production Facility and Restaurant
GRAND RAPIDS, MICH. – Eastern Kille Distillery, established in 2014 broke ground on a new headquarters, production facility, bar and restaurant in a suburb just north of Grand Rapids at 7755 Childsdale Ave NE...
GM Reclaims Sales Crown, But Auto Industry Suffers Worst Sales Year in a Decade
General Motors appears to be one of the few automakers who made it out of a turbulent 2022 with progress in sales domestically.
GM reported a 2.5% sales increase in 2022, selling nearly 2.3 million...
U.S. jobless claim applications fall to 14-week low
The number of U.S. workers filing for unemployment benefits dropped by 19,000 last week, falling to 204,000.
According to statistics provided by the Labor Department, that’s the lowest total in more than three months.
The labor...
Salesforce Cutting 10% of Jobs
Cloud-based software firm Salesforce Inc., did a lot of hiring during the pandemic.
With pandemic fears and woes easing, the company now finds itself with a bloated workforce in times of an economic slowdown.
On Wednesday,...
Stellantis to Build Electric Aircraft with Archer, Provide Strategic Funding for Growth
AMSTERDAM AND SANTA CLARA, Calif. — Stellantis N.V. and Archer Aviation Inc. announced they have agreed to significantly expand their partnership by joining forces to manufacture Archer’s flagship electric vertical take-off and landing (eVTOL) aircraft, Midnight.
Stellantis will...
Bed Bath & Beyond Considering Bankruptcy
Bed Bath & Beyond warned Thursday it’s running out of cash and is considering bankruptcy.
Bed Bath & Beyond, noting worse-than-expected sales in a statement, warned it likely will not have the cash to cover expenses...
Study Shows U.S. Retail Sales Grew 7.6% Over Holiday Season
PURCHASE, N.Y. (Business Wire) — According to Mastercard SpendingPulse, U.S. retail sales excluding automotive increased 7.6% year-over-year this holiday season, running from Nov. 1 through Dec. 24. Mastercard SpendingPulse measures in-store and online retail sales across all...
Stabenow Won’t Seek Another Term in U.S. Senate
U.S. Sen. Debbie Stabenow, a Democrat who was the first woman from Michigan elected to the U.S. Senate, announced she will not seek another term in 2024.
GM Design Chief Michael Simcoe Promoted to Senior Vice President
DETROIT — General Motors announced Michael Simcoe, vice president, Global Design, was promoted to senior vice president, Global Design, effective Jan. 1. Simcoe will continue to report to GM President Mark Reuss.
“Under Michael’s leadership the...
DTE Energy Names Andy Coulouris to Vice President, Corporate and Government Affairs
DETROIT (Globe Newswire) — DTE Energy announced the promotion of Andy Coulouris, director, Federal Affairs, to vice president, Corporate and Government Affairs.
Coulouris succeeds Renze Hoeksema who will retire at the end of 2022...
Corewell Health East Hires New Chief Nursing Officer
Corewell Health East has recruited Kelli Sadler, MHA, RN, to serve as its chief nursing office. Sadler joins the team this month.Sadler is a seasoned nursing leader who currently serves as Novant Health’s chief...
Marsh McLennan Agency Brings in Hurst as Retirement Plan Consultant
Marsh McLennan Agency has hired Chuck Hurst as a Retirement Plan Consultant in Troy, Mich.
With more than 17 years of experience, officials called Hurst is a "welcome addition" to MMA Michigan’s rising retirement...
Avalon Closing Flagship Midtown Location, Moving to Jolly Pumpkin
Avalon International Breads, which opened in 1997, is closing its flagship Midtown location and moving down the alley to the Jolly Pumpin.
Carhartt Heiress and Jazz Patron Gretchen Valade Dies at 97
Arts patron Gretchen Valade, granddaughter of Carhartt founder Hamilton Carhartt and a patron of the arts, has died at the age of 97.
Butzel Elects New Shareholders
DETROIT, Mich. – Butzel attorneys Ashley Aldea, Scott J. Fishwick, Mark W. Jane and Steven R. Pohl have been elected shareholders.
Based in Butzel’s Troy office, Aldea concentrates her practice in the area of commercial...
Kacie Pohlman Joins Transitions Legal as Associate Attorney
BLOOMFIELD HILLS, Mich. — Kacie Pohlman recently joined the Transitions Legal family law firm as Associate Attorney.
A graduate of University of Findlay (Ohio) with a dual-major in art and psychology, and a law degree...
Pontiac Community Foundation Announces Healthy Food Access Grant Recipients
PONTIAC, Mich. -- In the fall of 2022, Pontiac Community Foundation, in partnership with Oakland County, established the county’s Healthy Food Access Grant Program. Recipients from across Oakland County were awarded one-time operational and...
Study: America’s Youngest Adults Plan to Retire Earlier Than Any Generation Before Them
MILWAUKEE (PRNewswire) -- The nation's youngest adults are taking significant steps to improve their financial wellbeing with the goal of retiring at age 59 – years ahead of the generations that preceded them.
New data...
SBA Announces Strategic Alliance to Support Small Business Exporters
WASHINGTON D.C. (Globe Newswire) -- Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration, announced the signing of the Strategic Alliance Memorandum (SAM) with BAFT (Bankers Association for Finance and Trade), the...
