PASC Studio Opens to Artists After Successful Fundraising Campaign
After a successful fundraising campaign, the PASC art gallery in Detroit is drawing the interest of the artist community.
Despite Inflation Progress, Fed Sees Only One Rate Cut This Year
When the year started and with inflation cooling off, economists were optimistic the Federal Reserve would cut interest rates several times this year.
Now, even though Fed officials recognize the...
Inflation Cooled in May as Price Pressures Seem to Ease
For the second straight month, inflation eased in the U.S. in what some call a “hopeful sign” that the hike in prices that came earlier in the year might...
Retailers Begin Cutting Prices as Economy Picks Up
American consumers have been (mostly) patiently waiting for prices to come down, and it’s finally beginning to happen.
After a years-long run up in prices that has caused many to...
Brand New Mustang GTD Debuts at LeMans
LE MANS, France – Ford officials say the 2025 Ford Mustang GTD Carbon Series -- debuting at this weekend’s 24 Hours of Le Mans -- excels in every category, including...
Number of Unemployment Applications Climbs to Highest Level in 10 Months
High interest rates may finally be cooling off the American job market.
According to statistis released by the Labor Department, the number of U.S. workers filing for unemployment benefits rose...
Kelly Completes Sale of Ayers Group to Keystone Partners
TROY, Mich. (Globe Newswire) – Kelly, a leading global specialty talent solutions provider, has completed the sale of Ayers Group, a division of KellyOCG, to Keystone Partners, a Silver...
Expert Says ‘Pillars’ Can Get Businesses Ready for Advent of AI
IT expert Jody Jankovsky offers tips on how small- to mid-size businesses can get themselves ready for the advent of AI.
Establishing Needs, Aligning Priorities Key to Engagement Programs
Figuring out what employees need and aligning that with the company's priorities can lead to good engagement programs.
Teamwork, Collaboration Make Co-Leadership Model Work For Architecture Firm
Tania Van Herle talks about how well the co-CEO arrangement is working at her architecture firm, HED, in the latest CEO Thought Leadership discussion on LinkedIn Live.
Regulators OK Amazon’s Expansion of Drone Service
The one thing standing between Amazon and its ability to expand the range of its drone delivery program was U.S. regulators.
According to a posting on Amazon’s website Thursday, that...
T-Mobile to Acquire UScellular Wireless in $4.4 Billion Deal
BELLEVUE, Wash. – T-Mobile and UScellular announced that T-Mobile has agreed to acquire substantially all of UScellular’s wireless operations, including UScellular’s wireless customers and stores, as well as certain specified...
ConocoPhillips to Acquire Marathon Oil in All-Stock Transaction
HOUSTON – ConocoPhillips and Marathon Oil Corporation announced they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise...
Revised GDP Growth Reflects Less Consumer Spending
Real GDP growth in the first quarter of 2024 will likely be revised lower in the second estimate’s release, reflecting downward revisions to consumer spending.
With the revisions, real GDP...
Dollar Tree Plans to Reopen Some 99 Cents Only Stores
CHESAPEAKE, Va. (Business Wire) — Dollar Tree, Inc. announced that it acquired designation rights for 170 leases of 99 Cents Only Stores across Arizona, California, Nevada, and Texas. The...
Amazon Adds Grubhub Shopping to App
SEATTLE & CHICAGO (Business Wire) — Amazon and Grubhub announced they are partnering to make restaurant delivery to customers’ doors more convenient and affordable.
Amazon customers in the U.S. can...
Allen-Pettway to Succeed Coulter as CEO at Matrix Human Services
DETROIT – Matrix Human Services, a nonprofit that has led the way in combating poverty in Detroit since 1906, announced that Starr Allen-Pettway will succeed Brad Coulter as the...
Justice Department Sues Ticketmaster for Monopolizing Concert Markets
The Justice Department, along with 30 state and district attorneys general, filed a civil antitrust lawsuit against Live Nation Entertainment Inc. and its wholly-owned subsidiary, Ticketmaster for monopolization and...
First Quarter Better Than Expected for Macy’s
NEW YORK – Macy's raised its annual financial outlook Tuesday, despite the fact sales and profits fell during the first quarter as customer pulled back on spending.
Quarterly results announced Tuesday...
Red Lobster Seafood Chain Files for Chapter 11 Bankruptcy
ORLAND, Fla. – Red Lobster Management LLC, along with its direct and indirect operating subsidiaries, owner and operator of the Red Lobster restaurant chain, announced the company has voluntarily...