Business

Honigman’s Danielle Bass Elected ACG Detroit’s Second Female President

DETROIT — ACG Detroit, a 400-member nonprofit business organization of middle-market M&A professionals that invest in middle-market companies, has elected Danielle Bass of Franklin as president of its chapter.  Bass,...

Randy Gungab Joins Rehmann as an Accounting Solutions Senior Manager

TROY, Mich — Rehmann, a fully integrated professional advisory firm, announced Randy Gungab, CPA, joined the Finance and Accounting Solutions team as an Accounting Solutions Senior Manager. He will...

Farbman Group Expands Midwest Talent With New Hires

SOUTHFIELD, Mich. — Farbman Group, a full-service commercial real estate company, announced five new team members have been hired across the firm’s Midwest portfolio. “We are thrilled to welcome five...

Fewer Americans Apply for Unemployment Benefits

The American job market appears to be resisting the Federal Reserve’s efforts to slow it down. The number of Americans applying for unemployment benefits last week dropped to 230,000 in...

Subway Announces Sale to Roark Capital

MIAMI (PRNewswire) — Subway announced that it has entered into a definitive agreement to be acquired by affiliates of Roark Capital. The transaction is a major milestone in Subway's multi-year...

Corp! MVP Winners Gather to Share Their Success

Some of this year's Corp! Magazine Most Valuable Professionals, Young Professionals and Entrepreneurs recently got together to share their success stories.

State Offers New Coaching Sessions for First-Time Filers Seeking Jobless Benefits

State's unemployment agency is offering on-line coaching sessions to help first-time filers get unemployment benefits.

GM Invests in AI and Battery Materials Innovator Mitra Chem

DETROIT – General Motors is leading a $60 million Series B financing round in Mitra Chem, a Silicon Valley-based, AI-enabled battery materials innovator. The company’s AI-powered platform and advanced research...

U.S. Steel Rejects $7.3 Billion From Rival Cleveland-Cliffs

PITTSBURGH (Business Wire) — United States Steel Corp., confirmed that it had invited its rival, Cleveland-Cliffs Inc., to participate in its previously announced strategic review process. U.S. Steel then rejected...

Unemployment Applications Rise to Five-Week High

The number of U.S. workers applying for unemployment benefits is on the rise. U.S. applications for unemployment assistance rose to 248,000 for the week ending Aug. 5, according to statistics...

Campell Soup Buys Sovos Brands for $2.7 Billion

CAMDEN, N.J. & LOUISVILLE, Colo. (Business Wire) -- Campbell Soup Company and Sovos Brands, Inc. announced that the companies have entered into an agreement for Campbell to acquire Sovos Brands, Inc....

Fourth-Generation Leader Knows Where Success Lies: In Company’s Legacy

Barton Malow President/CEO Ryan Maibach, a fourth-generation leader, knows where the keys to the company's success lies: In its legacy.

GM’s Barra Talks Economy, Auto Demand and China in TV Appearance

In a national television interview, GM CEO Mary Barra talked about energy policy, infrastructure and China.

Overstock.com Launches On-Line Bed, Bath & Beyond

SALT LAKE CITY, Utah (Globe Newswire) -- Bed Bath & Beyond is back. The brand, purchased by Overstock.com in June, announced the launch of BedBathandBeyond.com in the U.S.  This launch marks a transformation for...

Initial Unemployment Assistance Claims Drop By 7,000

In the wake of the announcement of another interest rate hike from the Federal Reserve – the 11th in the last 18 months as the Fed tries to rein...

CEO: Businesses should Strive for Success, Significance

Ron Daugherty, CEO of Daugherty Business Solutions, says companies should strive for success, significance.

Ceremony Honors Chicago’s Best, Brightest Companies To Work For

Corp! Magazine recognized more than 120 businesses as the Chicago area's Best and Brightest Companies To Work For.

UPS Reaches Deal with Teamsters to Avoid Strike

UPS and the Teamsters have reached a tentative agreement on a new five-year contract that averts a potential strike.

Claims for Unemployment Assistance Fall Again

For several weeks in the late spring, requests for unemploymeny assistance appeared to be climbing. Now, they’re dropping. Fewer Americans applied for unemployment benefits last week as the job market continues...

Whitmer Signs Bills Supporting Plan to Invest in Places Around Michigan

The legislation is designed to power economic development in communities across Michigan by “unlocking new tools,” according to Gov. Gretchen Whitmer.
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