Experts told the Detroit Economic Club Tuesday that Michigan's economic recovery and the coronavirus are going to be "inextricably linked" for quite awhile.
While the U.S. Small Business Administration opens loan portals for the latest round of PPP loans, it also says it has forgiven some $100 billion in previous PPP loans.
First-time claims for unemployment assistance took a huge jump as coronavirus restrictions continue to ravage American businesses.
It's going to depend on how the COVID-19 numbers trend for the next few weeks, but Michigan Gov. Gretchen Whitmer said the state's goal is to reopen restaurants for indoor dining on Feb. 1.
Amazon is bringing five new facilities and more than 2,000 new full- and part-time jobs to Detroit, the company announced Monday.
Organizers have cancelled the North American International Auto Show over COVID-19 concerns, and will instead host an outdoor event in Pontiac.
Businesses looking for help from a second round of Paycheck Protection Program loans can start getting it next week after the SBA and the Treasury department issued new guidance.
Michigan Gov. Gretchen Whitmer signed a $106 million bipartisan relief bill designed to provide pandemic relief to businesses and individuals adversely affected by the pandemic response.
After initially deriding a bipartisan COVID relief bill, President Donald Trump signed it Sunday night, while still calling for revisions.
In passing its latest relief package, Congress reversed an IRS decision and allowed expenses related to Paycheck Protection Program loans to be tax deductible.
The state House on Monday approved a $465 million spending bill that includes millions of dollars in COVID-19 relief.
After months of haggling, Congressional leaders Sunday finally reached a deal for some $900 billion in coronavirus relief.
Restaurants still can't indoor indoor dining, but an amended health order allows the reopening of casinos, movie theaters and other entertainment venues and for high school students to return to in-person learning.
Michigan Gov. Gretchen Whitmer wouldn't say when restaurants might be able to return to indoor dining. But she did renew a call for a $100 million state COVID-19 stimulus package.
President-Elect Joe Biden is expected to name former two-term Michigan Gov. Jennifer Granholm as his energy secretary.
Huntington Bancshares and TCF Financial announced a merger valued at $22 billion that should close in the second quarter of 2021.
Michigan's frontline healthcare workers and high-risk citizens were expected to start receiving the COVID-19 vaccines after the FDA approved it Friday.
Talks have stalled on a new round of COVID-19 stimulus funding, with debate surrounding a $908 billion bipartisan package and a smaller deal favored by Senate Majority Leader Mitch McConnell.
As states begin to strengthen COVID-19 restrictions on businesses, first-time unemployment claims rose to 853,000 for the week ending Dec. 5. That's 137,000 more than the week before.
In the pandemic year of 2020, companies over nearly all industries had to make a pivot in normal operations to survive. On Wednesday, MichBusiness honored the businesses who did it the best.