September Jobs Report Stronger Than Expected
Nonfarm payroll employment rose 254,000 in September, much better than the 150,000 consensus forecast, while July and August numbers were revised up a net 72,000 jobs, too.
With these...
Equity, Inclusion Take Center Stage at Corp! Magazine Diversity Conference
DE&I efforts and the idea of civiity in the workplace were the hot topics at Corp! Magazine's 17th annual Salute to Diversity Conference.
Debate Rages on Impact of Ending Taxes on Tips
Industry experts are debating the pros and cons of elminating taxes on tips paid to hospitality workers.
Kmart’s Blue Light About to Fade to Black
Kmart’s iconic Blue Lights are about to fade to black.
The retail giant — whose Blue Light Specials featured a flashing blue orb designed to draw shoppers to a flash sale...
Gilbert: Feds Could Help With Regional Transportation
Dan Gilbert, founder of Rocket Companies and the owner of the NBA's Cleveland Cavaliers, recently talked about getting help from the federal government to establish regional transportation.
Investment, Population Continue to Lead City’s Renaissance
The Downtown Detroit Partneship's Community and Development Update shows increasing construction, population growth in Detroit.
Red Lobster Emerges from Chapter 11 Bankruptcy Protection
Red Lobster has emerged from Chapter 11 bankruptcy protection.
A U.S. bankruptcy judge approved the casual seafood chain’s reorganization plan Sept. 5 which included a lender group led by asset...
Tupperware Voluntarily Seeks Bankruptcy Protection
ORLANDO, Fla. (PRNewswire) — Tupperware Brands Corporation, an iconic global brand, announced the company and certain of its subsidiaries have voluntarily initiated Chapter 11 proceedings in the United States Bankruptcy Court for...
Keeping on Top of Changes Key to Providing Workplace Security
With violence on the rise in the workplace and elsewhere, preparation is the key for company security forces.
Inflation Reaches 3-year Low as Fed Ponders a Rate Cut
Most observers expected the Federal Reserve would finally cut its prime interest rate if inflation dropped closer to its 2% target.
We’re about to find out if they were right.
U.S....
Rockford Construction Appoints Eberbach Director of Property Management
GRAND RAPIDS, Mich., August 19, 2024 — Rockford Construction, a nationally recognized construction, real estate development and property management firm, named Jessica Eberbach to serve as director of property...
U.S. Adds 142,000 Jobs, Eyes Turn to Fed for Rate Cut Decision
Economists had expected American employers to add about 160,000 jobs in August in what would have been a rebound from a poor report in July.
The rebound didn’t quite come.
Employers added 142,000...
Verizon Buying Frontier in $20 Billion Deal to Strengthen Fiber Network
NEW YORK & DALLAS – Verizon Communications Inc. and Frontier Communications Parent, Inc. announced they have entered into a definitive agreement for Verizon to acquire Frontier in an all-cash transaction...
Henry Ford Health, Ascension Michigan Announce Closing Date for Proposed Joint Venture
Henry Ford Health and Ascension Michigan, who announced plans for a merger last fall, will close the deal Sept. 30.
Pent-Up Demand Could Lead to Resurgent M&A Market in 2025
Some statewide experts feel 2025 could be a banner year in the mergers and acquisitions space, despite the fact the pre-pandemic M&A market in Michigan – which was hot...
Fewer Americans Applying for Unemployment Benefits
High interest rates don’t seem to be slowing the U.S. job market, if the fact the number of Americans filing for unemployment benefits fell slightly last week is any...
Regional Chamber Helps Lead Detroit’s Business, Reputation Renaissance
Detroit Regional Chamber is helping change the conversation about the city.
MVP Honors State’s Best Professionals, Young Professionals and Entrepreneurs
The state's best professionals, young professionals and entrepreneurs earned honors at Corp! Magazine's annual MVP awards.
Labor Shortage Affecting the Way Leaders Are Doing Business
Report says the U.S. has an aging workforce without enough bench strength to replace them.
Upscale Refrigeration Manufacturer to Add Up to 200 Jobs, Invest $21.4 Million to Expand...
GREENVILLE, Mich. — The Right Place, Inc., in collaboration with the Montcalm Economic Alliance and Michigan Economic Development Corporation, announced that upscale refrigeration manufacturer Northland Corporation will expand its...