Industry

General Motors announced a $7 billion investment in electric vehicle production that officials say will create 4,000 new jobs and retain another 1,000.

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...

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...

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...

Workers in restaurants, grocery stores, the trucking industry and schools have all been hit hard by Omicron, and the virus is disrupting everything once again.

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.

GM's top economist and the head of the MEDC both expressed optimism for Michigan's economy, despite the presence of a 40-year high national inflation rate.

Frazzled and exhausted human resources professionals are at the heart of the pandemic, dealing with personnel issues complicated by a once-in-a-lifetime virus.

Bearing out dark forecasts made by economists in the fall, inflation continued to rise in December — making 2021 the steepest inflationary increase the country has seen since 1982. The...

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...

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...

The National Association for Business Resources released its list of the Best and Brightest in Wellness companies for 2021.

A late-December change to Michigan's Tax Act changes how flow-through companies can file their taxes.

LANSING — To support the growth, education and competitiveness of Michigan’s manufacturing sector, the Michigan Manufacturers Association (MMA) has launched the MFG Diversity, Equity and Inclusion (DEI) Initiative. MMA officials...

General Motors had a long, successful run as the country’s top-selling automaker In 2021, though, that run came to an end. Toyota Motor dethroned GM last year, ending a run that...

Expectations of a better jobs performance in December than the U.S. had in November were dealt a blow when the Bureau of Labor Statistics released its December 2021 jobs...

A new tax law ushered in by the American Rescue Plan sets a much lower threshold for reporting business transactions made using payment apps such as Venmo, PayPal and...

The Best and Brightest Companies to Work For has released the list of winners for its 2021 Winter honors.

With more than 800,000 jobs created, December turned out to be a strong month for job growth despite the effects of the omicron variant.

Administration says bipartisan bills signed by Whitmer will support small businesses, invest in a $1 billion economic development fund and build on Michigan's ongoing economic momentum.