Featured

Featured posts

Commerce Department Warns Chip Inventories Are Shrinking

Companies that rely on semiconductors to provide their services could be in trouble. The U.S. Department of Commerce this week released a report that says the median inventory held by...

First-Time Unemployment Claims Down for First Time in a Month

For the first time in weeks, fewer Americans filed for unemployment assistance last week. According to statistics released by the Labor Department Thursday, some 260,000 U.S. workers filed first-time unemployment...

Expert: Heightened Market Volatility Merits Review Whether or Not Near-Term Technicals Reflect Longer-Term Fundamentals

The financial markets have struggled in the new year. A variety of concerns, including the rapid spread of the Omicron variant, surging inflation, policy tightening, geopolitical tensions and extended...

Corvette Celebrates Milestone With 70th Anniversary Edition

DETROIT – 2023 marks the 70th anniversary of Corvette, the longest running nameplate of any car on the road today. For eight generations, Corvette has pushed the boundaries of technology, performance...

SBA Announces Pilot Program to Bolster Cybersecurity Infrastructure of Emerging Small Businesses

WASHINGTON (Globe Newswire) — Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA), announced $3 million in new funding for state governments to help emerging...

OSHA Officially Withdraws Vaccine Mandate Order for Large Businesses

Earlier this month, the U.S. Supreme Court called President Biden's vaccine mandate for large businesses an overreach. This week, the administration officially withdrew it.

Merger Moves CPA Firm Higher in National Ranking

A merger between Doeren Mayhew and Beene Garter moves the Michigan-based CPA firm closer to the top 50 in size in the U.S.

AARP Director: People ‘Waiting Longer to Retire,’ Then ‘Going Back to Work’ After Retirement

American workers are waiting longer to retire, then going back to work once they do, says the director of AARP Michigan.

First-Time Unemployment Claims Rise as Omicron Affects Job Market

The number of people seeking new unemployment benefits has been dropping, or at least holding relatively steady, the last few months. So much for that streak. The number of U.S. workers...

GM Plans to Broaden Electrification, Expanding Fuel Cells Beyond Vehicles

DETROIT – GM continues to accelerate its growth as a platform innovator and announced today new commercial applications of its HYDROTEC fuel cell technology. HYDROTEC projects, which are currently in...

Yellen Tells Mayors COVID-19 Stimulus Was ‘Like a Vaccine’ to Economy

When Dr. Elaine Buckberg, the chief economist for General Motors, took part in the recent Detroit Economic Club Economic Outlook webinar, she was asked whether all the federal stimulus...

Ford, ADT Form Joint Venture to Fortify Vehicle Security

DETROIT, LONDON and BOCA RATON, Fla. – Ford and ADT Inc. will invest in a new joint venture called Canopy that combines ADT’s professional security monitoring and Ford’s AI-driven video camera technology...

Council on Underserved Communities Holds First Virtual Meeting

WASHINGTON, D.C. (Globe Newswire) — Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration, joined John W. Rogers, Jr., Chairman of the Council on Underserved Communities, last...

Experts: Retail Sales Slump as Omicron Advances

Experts at Comerica point out that retail sales dropped by 1.9% in December, a fall they say was fueld by the spread of the omicron variant.

Economic Health Affects Other Indicators of Livability of Small Cities

Economic health is one of five factors a study weighed when ranking roughly 1,300 small cities in terms of livability. Other measures are affordability, education and health, quality of life and safety.

First-Time Unemployment Claims Climb Back to 230,000

First-time claims for unemployment assistance from American workers fell steadily over the last few months, dipping below 200,000 (the lowest in 50 years) in November and December. That streak ended...

Experts: Producer Prices Up Moderately, Fed Focuses on Inflation

• The Producer Price Index for Final Demand increased by 0.2 percent in December.• Initial Claims for Unemployment Insurance increased by 23,000 for the week ending Jan. 8 to 230,000. The Producer Price Index...

Ford Bronco and Maverick Earn North American Utility and Truck of the Year Honors

The all-new 2022 Ford Bronco has taken home the 2022 North American Utility of the Year award and the all-new 2022 Ford Maverick received the 2022 North American Truck...

Data: Nursing Homes See Spike in New COVID Cases Due to Omicron Surge

WASHINGTON, D.C. - The American Health Care Association and National Center for Assisted Living, representing more than 14,000 nursing homes and assisted living communities across the country that provide...

Study: Small Businesses Optimistic, Looking to Digital Payments for Growth in New Year

SAN FRANCISCO (Business Wire) — As Visa continues toward its goal of digitally-enabling 50 million small and micro businesses, a new research study released today – the “Visa Global Back...
Corp! NewsletterStay informed on Michigan business news