Industry

DETROIT – General Motors today announced it will invest $50 million into Detroit-based nonprofit programs that expand access to education and employment opportunities and strengthen city neighborhoods. The initiative, launched...

WASHINGTON (GLOBE NEWSWIRE) — U.S. Small Business Administration Administrator Isabella Casillas Guzman announced 84 winners for the Growth Accelerator Fund Competition (GAFC) and eight winners for the Small Business...

NEW YORK (Globe Newswire) — Warner Music Group Corp. announced the sale of an aggregate of 2,340,000 shares of the company’s common stock by affiliates of Access Industries, LLC to...

Economists say that, while the U.S. economy is normalizing after the shock of COVID, there are still at least three forces that remain to be fully absorbed.

Especially in the pandemic era, businesses are finding that veterans are among the most motivated and work-ready people in the labor pool.

After two summers plagued by fears of the once-in-a-lifetime pandemic, local tourism officials say outdoor recreation is bringing Michigan tourism back.

Talent consultants say recruiting has been a challenge since well before the pandemic, but COVID-19 is making it even more challenging.

Neeraj Shah wasn’t at all surprised by the fact that Minority Business Enterprises are lagging behind white-owned businesses in terms of revenue equity. He was surprised, though, at how long...

The pandemic-era low in first-time unemployment claims (312,000) set last week didn’t last long. The Labor Department Thursday released statistics showing first-time claims for unemployment assistance rose to 332,000 in...

WASHINGTON (Globe Newswire) — Today, U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced major enhancements to the COVID Economic Injury Disaster Loan (EIDL) program, a federal disaster...

• Industrial Production increased by 0.4 percent in August.• U.S. Import Prices declined by 0.3 percent in August. U.S. industrial production increased by 0.4 percent in August, driven by utilities. Utility output was up...

WASHINGTON, D.C. — The U.S. Department of State has awarded GM Defense LLC, a subsidiary of General Motors, a contract to develop and validate next generation Large Support Utility Commercial...

Mastercard announced this week grants totaling $5 million to two Historically Black Colleges and Universities, Morehouse College and Spelman College, to develop the Center for Black Entrepreneurship. The CBE will...

Employers across the country are navigating a dramatically altered labor market as the nation rebounds from the COVID-19 pandemic.

Experts think the Consumer Price Index crested over the summer, and now the economy waits to see if a first wave of inflation, caused by supply issues, is followed by a second wave.

Supporters are OK with President Biden's vaccine mandate, while critics threaten to sue. Meanwhile, everyone is waiting on OSHA's order.

Some estimates had a more modest analysis of the economic damage done by Hurricane Ida. Now, analysts are revising that upward.

President Joe Biden laid out his new direction for battling COVID-19, and it includes having large businesses require vaccinations, among other steps.

The U.S. economy remains buffeted by four sets of forces inter-related through the global pandemic. First, government policy retains extraordinary leverage. Second, global demand is reflating. Third, global supply chains remain stressed. Fourth is the normalization of...

The COVID-19 pandemic set another record of sorts this week. But this time no one probably minds. First-time claims for unemployment assistance dropped to 310,000 for the week ending Sept....