Resilience A Key to Leadership for Epitec President
Epitec President Rebecca Bray says the birth of her children made her a better leader as she forged her successful career.
Inflation Slowed in November; Fed Could Cut Rates in ’24
Inflation in the U.S has eased enough that the Federal Reserve announced Wednesday not only is it leaving interest rates where they are for now, that after 11 rate...
U.S. Job Openings Fall to Lowest Mark Since March 2021
The U.S. job market may be cooling off.
The Labor Department said Tuesday that U.S. employers posted 8.7 million job openings in October. That’s the lowest total since March 2021,...
McDonald’s Plans 10,000 New Restaurants Over Next 4 Years
A Big Mac is going to be a lot easier to get if McDonald’s makes good on its plans.
The burger chain announced this week it expects to open nearly...
Plante Moran Elects Jason Drake as Next Managing Partner
SOUTHFIELD, Mich. — Plante Moran has elected Jason Drake as the firm’s next managing partner. In his new role, which becomes effective July 1, 2024, Drake will lead one of...
GM Claims UAW Strike Cost $1.1 billion, Reinstates Full-Year Guidance
GM reinstates its full-year guidance following claims the UAW strike cost the company $1.1 billion.
Annual Best of MichBusiness Awards Honor State’s Top Businesses
Dozens of Michigan's top businesses were represented at the annual Best of MichBusiness awards ceremony.
Lawyer Trading Nearly 40-Year Career for Retirement in Hawaii
Cheryl Bush is one of those kinds of people who knew from a very young age what she wanted to do, and then went out and did it.
Watching the...
Whitmer to Biden: Ensure CHIPS Act Funds Are Invested in Michigan’s Semiconductor Manufacturing
Michigan Gov. Gretchen Whitmer's letter to President Biden urges him to be sure CHIPS Act funding is invested in Michigan.
Unemployment Claims Take Unexpected Rise
The number of Americans filing new claims for unemployment benefits increased more than expected last week.
A report from Reuters suggested that labor market conditions continued to ease, which could...
Amazon Expands Grocery Delivery and Pickup, Resumes Opening Stores
SEATTLE (Business Wire) — Amazon announced it is making grocery delivery and free pickup available to all customers in all U.S. cities and towns where Amazon Fresh is available for Prime...
Starbucks Raising Pay, Benefits for Hourly Workers
Hourly workers at Starbucks are about to cash in on the company’s success.
After ending the year with record sales, Starbucks announced it is raising pay and benefits for most...
Disney Hires Pepsi Executive as Chief Financial Officer
BURBANK, Calif. – Hugh F. Johnston has been named Senior Executive Vice President and Chief Financial Officer of The Walt Disney Company effective Dec. 4. Robert A. Iger, Disney’s...
Unemployment Claims Dip Slightly, Remain Low
There were slightly fewer Americans filing for unemployment benefits last week.
Application for unemployment assistance fell to 217,000 during the week of Nov. 4, according to statistics released Thursday by...
DEC Panel Talks Return to In-Person Working
The Detroit Economic Club hosted a forum on the challenges of returning to in-person work that featured Rocket President Bill Emerson and Sara Armbruster, CEO of Steelcase.
Adient CEO Del Grosso Announces Retirement
Doug Del Grosso announced he will retire as president and CEO of Adient at the end of the year.
U.S. Added 150,000 Jobs in October
The number of jobs the U.S. economy added in October was down and the uemployment rate edged up.
According to statistics released by the Labor Department Friday, the economy added...
Six Flags, Cedar Fair Announce Amusement Park Merger
SANDUSKY, Ohio & ARLINGTON, Texas (Business Wire) — Cedar Fair and Six Flags Entertainment Corporation announced they have entered into a definitive merger agreement to combine in a merger of equals...
Disney Gets Remainder of Hulu for $8.6 Billion
BURBANK, Calif. — The Walt Disney Company announced it will acquire the 33% stake in Hulu currently held by Comcast, following Comcast’s November 1 exercise of its right under...
Employers Post 9.6 Million Job Openings in September
U.S. employers posted 9.6 million job openings in September, up from the 9.5 million openings posted in August.
Layoffs fell, and the number of Americans quitting their jobs — a...
