Business

Applications for Jobless Benefits Fall to Lowest Level in 6 Months

The number of American workers applying for unemployment benefits fell by 4,000 last week, dropping to their lowest levels in six months. According to statistics released by the Labor Department...
Jerome Powell Chair of the Federal Reserve

Fed Makes Second Straight Cut to Interest Rates

Despite a precipitous drop from the 9.1% inflation rate from June 2022, inflation – and Americans’ frustrations over it -- has been a hot topic through the 2024 election...

Advance Planning Will Help With Difficult Decision to Sell a Business

The decision to sell a business is a hard choice. Planning well ahead of the final decision can help make it a little easier.

Hybrid Schedules Give ‘Home’work A New Meaning

Remote and hybrid schedules are still shaping today’s workplace.

Boulevard Project Designed to Repair Economic Damage Done by Building of I-375

When I-375 was built, it caused great economic damage to areas like Black Bottom and Paradise Valley. A new project to turn the freeway into a boulevard is designed to fix that.

Fed’s Rate Cut Wasn’t Slam Dunk Among Committee Members

Retail sales likely rebounded in September after a lackluster increase in the prior month. Core retail sales, which exclude the volatile auto and gas components, are expected to have...

7-Eleven Closing 444 Locations by the End of the Year

There are going to be hundreds of fewer 7-Eleven stores around the country by the end of the year, and the parent company of the ones that are left...
The audience at APACC’s Blood of the Dragon event was treated to a variety if cultural entertainment.

Enthusiastic Crowd Helps APACC Top Fundraising Goal at Annual ‘Blood of the Dragon’ Event

Competing with a playoff baseball game downtown, the Asian Pacific American Chamber still pulled off a Blood of the Dragon event that topped its fundraising goal.

Conflict Management in Your Family Business 

Differing opinions on business operations can lead to misunderstandings and potentially cause long-term damage. The key is to balance family love and support with the focus on business growth and a harmonious work environment.

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...
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