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Target to Open Store in Midtown Apartment Complex

Target will open a Detroit store as the anchor in a Midtown apartment complex.

Michigan Gets $2.4 Million Federal Grant to Help Defense Suppliers with Cybersecurity

The Michigan Defense Center is getting a $2.4 million federal grant to help cybersecurity efforts by defense suppliers.

Rapids Restoration Plan Could Bring Economic, Environmental Benefits

A long-talked-about project to restore the "rapids" in Grand Rapids, which experts say could bring $15 to $20 million to the outdoor recreation economy on the state's West side.

United Plans Largest Transatlantic Expansion in its History

CHICAGO (PRNewswire) -- United today announced the largest transatlantic expansion in its history, including 10 new flights and five new, vogue destinations – Amman, Jordan; Bergen, Norway; Azores, Portugal; Palma...

Verizon Brings Together Major Fortune 500 Companies to Launch Women’s CoLab

NEW YORK (Globe Newswire) -- Despite tremendous strides toward greater gender equality and equity for women in the workplace, approximately 5.4 million jobs were lost by women in 2020...

Experts: ‘Weak’ September Jobs Numbers Headline U.S. Economic Data

U.S. economic data for the week was headlined by weaker than expected payroll data for September.  U.S. payrolls gained 194,000 jobs in September, according to the Bureau of Labor Statistics....

First-Time Jobless Claims Fall to Pandemic-Era Low

Signs the U.S. economy might be outrunning the COVID-19 pandemic turned up in weekly statistics released by the U.S. Department of Labor. States reported that 293,00 American workers applied for...

FDA Committee Recommends Approval of Moderna’s COVID-19 Booster Shot

Americans are one step closer to having another booster shot against the COVID-19 virus. Members of a FDA panel have unanimously recommended approval of Moderna’s coronavirus booster shot, it was...

Experts: ‘Uncertainty’ in October Economic Forecast

Some uncertainty around the US. economic outlook has increased in recent weeks, some experts say.

Experts: Third-Quarter Data Indicates Economic Pick-Up Coming in Fourth Quarter

U.S. economic data remained consistent with our expectation of cooler real GDP growth for Q3. Q2 real GDP growth was revised up slightly to a 6.7 percent annualized rate....

GM, GE Sign MoU to Develop Supply Chain to Support EV and Renewable Energy...

General Motors and GE Renewable Energy announced they have signed a non-binding Memorandum of Understanding (MoU) to evaluate opportunities to improve supplies of heavy and light rare earth...

United Airlines Plans Largest Domestic Schedule Since March 2020

CHICAGO (PR Newswire) — United announced that it will fly its biggest domestic schedule since the start of the pandemic to meet an expected surge in holiday travel, with...

Pepsi Launches $5 Million Initiative To Help Young Adults Access High-Quality Careers

CHICAGO (PR Newswire) — PepsiCo announced the launch of its new initiative, Pathways to Readiness and Empowerment Program (PREP) by PepsiCo Stronger Together, a more than $5 million dollar...

New NASA Partnership Taking GE’s Hybrid Electric Flight Research To New Heights

Reflecting on a recent visit to NASA, GE Aviation President and CEO John Slattery wrote this week that decarbonizing aviation was “our industry’s moonshot.” Now GE engineers and the...

Experts: September Employment Gains Set ‘Positive’ Tone Headed to Fourth Quarter

Economists are saying that a "better than expected" ADP employment report for September sets a "positive tone" going into the fourth quarter.

Michigan’s High-Tech Startups Get $2 Million in Federal Government Grants

High-tech startups in three Michigan SmartZones are getting $2 million in federal grants.

Hello West Michigan Takes Home Two Awards for Excellence in Economic Development

Hello West Michigan was a two-time winner at the International Economic Development Council's annual conference.

First-Time Unemployment Claims Up for 3rd Straight Week

The last time there were three consecutive weeks of rising unemployment claims was April 2020. Until now. Statistics released by the U.S. Labor Department for the week ending Sept. 25 showed...

Experts: Federal Reserve Policy Dominates Economic News

U.S. economic news for the week was dominated by the Federal Reserve’s policy meeting. Strains at Chinese real estate group Evergrande dominated international headlines. Federal Reserve policy was unchanged on...

SBA on GAO Findings: PPP Program Increased Lending to Smallest Businesses, Underserved Communities

In the early days of the Paycheck Protection Program, the lending favored larger and rural businesses, according to a Government Accountability office analysis of Small Business Administration data. Specifically,...
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