Global Space Tech Company Opens New Manufacturing Facility in Northern Michigan
Houghton, Mich., Oct. 7, 2022 - A global tech startup based in Michigan’s Upper Peninsula is attracting national attention. On Tuesday, October 4, Orbion Space Technology cut the ribbon on a new rocket manufacturing...
Professor Uses Billboards, Outreach to Find Kidney Donor
FARMINGTON HILLS, Mich. – Scott Schneider considers himself fortunate, as far as kidney failure goes. His only limitation: the port in his side for dialysis means he can’t swim and shouldn’t chance kayaking. He’s...
Ford Opens Atlanta Research and Innovation Center
ATLANTA – Ford Motor Company is opening the Ford Atlanta Research and Innovation Center (FARIC) to advance the company’s digital transformation in areas such as software-led connected vehicles, artificial intelligence, university research and more.
FARIC joins...
General Motors Expands Total Rewards Eligibility to Include U.S. Domestic Partners
DETROIT – General Motors announced the company will expand its Total Rewards (benefits and policies) eligibility to include domestic partnership.
Eligible employees will be able to add domestic partners, same-sex and different sex, and children...
Unemployment Claims Rise Slightly, Remain at Historic Lows
Inflation ticked up again last month and experts are saying the U.S. economy is slowing, but that doesn’t seem to be affecting unemployment.
While the number of Americans applying for initial unemployment benefits went up...
GM Enters Collaboration Agreement with Queensland Pacific Metals for Nickel from Australia
DETROIT – General Motors Co. has secured a new source of cost-competitive nickel and cobalt for Ultium battery cells after making a strategic investment in Queensland Pacific Metals of Australia. The nickel laterite ore is...
SBA Awards Over $5.4 Million in Grants to Strengthen Research Funding Across the U.S.
WASHINGTON (Globe Newswire) — Isabella Casillas Guzman, head of the U.S. Small Business Administration, announced over $5.4 million in funding to 44 awardees through the Federal and State Technology (FAST) Partnership Program. FAST provides small businesses...
Study: Housing-Related Sectors Soften, Experiential Spending Drives Growth
PURCHASE, N.Y. (Business Wire) — According to Mastercard SpendingPulse, U.S. retail sales excluding automotive increased +11% year-over-year in September. E-commerce sales continue to grow, up +10.7% YOY, highlighting the ongoing demand for the convenience of digital...
How Employers Are Engaging With and Retaining a Post-Covid Workforce
In a post-covid work environment, employers are finding they need new ways to recruit, retain quality employees.
At Butterball Farms, It’s All About the Culture
For Butterball Farms CEO Mark Peters, it's all about establishing the right culture.
Economists: September Jobs Report ‘Better Than Expected’
Economists at Comerica say the September jobs report came in better than had been expected.
GM Earns Third-Quarter Sales Trifecta: No. 1 in Full-Size SUVs, Full-Size Pickups and Large...
DETROIT – General Motors Co. sold 555,580 vehicles in the United States in the third quarter, up 24% year over year, based on strong customer demand and improved availability. Three of GM’s vehicle brands posted...
U.S. Adds 263,000 Jobs in September; Unemployment Rate Drops to 3.5%
The U.S. economy added 263,000 jobs in September, the lowest number of jobs added since April 2021, Bureau of Labor Statistics show.
That number was lower – and down from 315,000 in August -- than...
Amazon Hiring 150,000 to Help With Holiday Season
SEATTLE — (Business Wire) — Amazon announced it is hiring 150,000 employees throughout the U.S. in full-time, seasonal, and part-time roles across its operations network.
A diverse range of roles—from packing and picking to sorting and shipping—are...
Housing Prices Fall, Personal Income Up Slightly
Durable goods orders declined 0.2% in August, below market expectations for a 0.1% fall. However, nondefense capital goods excluding aircraft, a proxy for business spending on equipment, rose by a sharp 1.3%, well above...
GM Defense to Provide Battery Electric Technology to Defense Innovation Unit
WASHINGTON, D.C. — GM Defense, a subsidiary of General Motors, was selected by the Defense Innovation Unit (DIU) to develop a battery pack prototype for testing and analysis on Department of Defense platforms. GM...
Study: Credit Card Borrowers Reverting to Pre-Pandemic Payment Patterns
CHICAGO (Globe Newswire) — As pandemic-related government relief programs and forbearances fall farther behind in the rearview mirror, a new study from TransUnion found that many consumers are reverting to traditional payment patterns. The...
Whitmer: Economic Development Bill Will Strengthen Economy, Create Good-Paying Jobs
Gov. Gretchen Whitmer signed bipartisan budget legislation she says will strengthen the state's economy and create jobs.
Michigan Battery Deals Worth $3.9 Billion, Bring 4,300 Jobs
Two battery deals announced by Gov. Gretchen Whitmer are expected to be worth nearly $4 billion and bring thousands of jobs to Michigan.
Great Lakes St. Lawrence Governors and Premiers Launch Regional ‘100% Whitefish’ Initiative
The Conference of Great Lakes St. Lawrence Governors & Premiers launched its “100% Whitefish” initiative
