Gerry Brisson to Transition Leadership as President and CEO of Gleaners Community Food Bank
DETROIT – Gleaners Community Food Bank of Southeastern Michigan announced that, after nearly two decades of service to the Southeast Michigan community through Gleaners, President and CEO Gerry Brisson shared his intention to welcome...
Kimberly Burton Named THAW CEO
DETROIT – The Heat and Warmth Fund (THAW) Board of Directors President Tanya Hill announced that Kimberly Burton has been named as the new CEO of the 40-year-old nonprofit.
With 25 years of corporate and...
Whitmer Appoints Wiggins to 84th District Court Bench
LANSING, Mich. —Governor Gretchen Whitmer announced the appointment of Corey Wiggins to the 84th District Court covering Wexford and Missaukee counties.
“I am proud to appoint Corey to the bench for Wexford and Missaukee counties,”...
LAFCU Welcomes Tamera Carter as VP of Membership Growth and Development
LANSING, Mich. — LAFCU announced the addition of Tamera Carter as vice president of membership growth and development. In her new role, Carter will lead efforts to expand the credit union’s membership by optimizing...
Farbman Group Announces Four Team Promotions Across Family Of Companies
Farbman Group, a leading full-service commercial real estate firm, announced today the promotion of four employees across their family of companies.
Brad Margolis was promoted to senior vice president of brokerage at NAI Farbman, Nathan...
National Chain Sheetz Plans More Expansion
DETROIT — Sheetz, the Pennsylvania-based chain of gas stations, has just one station in Michigan – in Romulus, to be exact – but that apparently won’t be the case for long.
Sheetz CEO Travis Sheetz said...
Ford Helps First Responders, Community During LA Wildfires
Ford dealers across 13 western states donated this week to the California Community Foundation's Wildfire Recovery Fund. With this donation, Ford dealers and Ford Philanthropy have contributed $465,000 to local organizations supporting Los Angeles County...
Sales Were Up in Almost All Retail Categories
The economic calendar was very light in a holiday-shortened week. The flash estimate of S&P Global’s Manufacturing PMI showed the manufacturing sector contracted at a slower pace in January than December, while the Services...
First-Time Unemployment Claims Jump, Continuing Claims Reach 3-Year High
First-time claims for unemployment benefits rose only slightly last week, but that doesn’t necessarily mean it was a good week for the unemployment rate.
Jobless claims rose by 6,000 for the week ending Jan. 18,...
Ranger Earns 2025 North American Truck of the Year
DETROIT – The Ford Ranger captured the coveted title of 2025 North American Truck of the Year, marking the fifth consecutive year a Ford truck has received the trophy.
"Earning this recognition celebrates our team’s dedication...
Today’s Workforce is Redefining Benefits Package Offerings
Today's employees want more than the basic benefits package that seemed sufficient as recently as five years ago.
Gun Lake Investments, Alpena Developer Partner to Lead Next Chapter of Hot ‘n Now...
WAYLAND, Mich. — The beloved fast food restaurant Hot ‘n Now will add locations starting in 2025, thanks to a partnership of Gun Lake Investments (GLI) and Alpena business owner and developer Jeff Konczak. Doing...
Business Leaders Optimistic About State’s Economic Outlook
Results of an annual survey on the state of Michigan's economy show business leaders are optimistic, at least in the short term.
Survey Shows Positive Image of Downtown
Biannual survey shows most respondents have a positive image of downtown Detroit.
East Tawas Area Joins International Cruise Marketing Organization
EAST TAWAS, Mich. — East Tawas area tourism leaders took another step forward in their mission to attract cruise ships to the region by joining an international cruise marketing program called Cruise the Great...
Inflation Picked Up Slightly in December
Inflation news is either good or disappointing, depending on how you look at it.
As prices for gas, eggs and used cars increased in December, the consumer price index rose 2.9%, according to statistics reported...
Retail Group Says ‘Consumers Came to Spend’ for Holidays
WASHINGTON – Data released today by the U.S. Census Bureau shows that core retail sales during the 2024 holiday season grew an unexpectedly high 4% over 2023 to a record $994.1 billion, coming in...
Consumer Bureau Files Suit Against Capital One
WASHINGTON, D.C. – The Consumer Financial Protection Bureau is suing Capital One and its parent holding company, Capital One Financial Corp., for allegedly “cheating millions of consumers out of more than $2 billion in interest.”
The...
Fed Policymakers See ‘Careful Approach’ to Rate Decisions
Inflation reports dominated this week’s economic calendar. Driven by high energy prices, the Consumer Price Index (CPI) probably accelerated on a monthly and annual basis in December, while core CPI likely matched November’s pace.
High...
More Americans File Unemployment Claims
In December, the U.S. economy created an unexpected number of jobs and saw the unemployment rate fall.
But last week, the number of Americans filing initial claims for unemployment benefits rose.
According to statistics released by...