Target Names Jim Lee Chief Financial Officer
MINNEAPOLIS (PRNewswire) — Target Corporation announced that Jim Lee has been named chief financial officer and a member of its leadership team effective Sept. 22. In his new role, Lee will be responsible...
Regulators OK Amazon’s Expansion of Drone Service
The one thing standing between Amazon and its ability to expand the range of its drone delivery program was U.S. regulators.
According to a posting on Amazon’s website Thursday, that...
UPS to Provide Primary Air Cargo for USPS
UPS announced the company has been awarded a significant air cargo contract by the United States Postal Service. This award is effective immediately and greatly expands the existing relationship...
State Sending Tax Credit Checks to 300,000 Michiganders
Some 300,000 Michigan families who qualified for the Michigan Earned Income Tax Credit are about to get supplemental checks averaging some $550 each.
Applications for Unemployment Benefits Rise, But Levels Remain Historically Low
Layoffs remain historically low, and the unemployment rate is still low, but first-time applications for unemployment assistance are on the rise.
According to statistics released Thursday by the U.S. Department...
Inforum Releases Women Leadership Data Trends
A study commissioned by Inforum Michigan shows women are making progress in reaching C-Suites and boards of directors in Michigan's public companies.
Enbridge Agrees to $14 Billion Deal With Dominion
CALGARY, Alberta — Enbridge Inc. announced that it has entered into three separate definitive agreements with Dominion Energy, Inc. to acquire EOG, Questar and PSNC for an aggregate purchase...
Whitmer Signs $82 Billion State Budget
Gov. Gretchen Whitmer signed an $82 billion budget she says will 'grow the economy' and 'deliver on kitchen-table issues.'
GMC Introduces Longer Driving Range for the 2024 HUMMER EV 3X Pickup
DETROIT – GMC announced the extended driving range for the 2024 GMC HUMMER EV 3X Pickup: a whopping GM-estimated 381 miles of range on a full charge on the 3X...
Economic Data Continues to Surprise, Experts Say
The June jobs report will likely show the unemployment rate unchanged at 3.7% and payroll job growth throttling back to a still-decent 252,000 from 339,000 in May.
The ISM surveys...
GM, POSCO to Expand EV Battery Supply Chain in North America
DETROIT – General Motors Co. and POSCO Future M announced the second phase of their Ultium CAM joint venture, an investment projected to exceed $1 billion (U.S.) to increase production...
Stellantis Invests in Lyten’s Lithium-Sulfur EV Battery Technology
AMSTERDAM/SAN JOSE, Calif. – Stellantis N.V. and Lyten, Inc. announced that Stellantis Ventures, the corporate venture fund of Stellantis, invested in Lyten to accelerate the commercialization of Lyten 3D...
Target’s Quarterly Profits Fall; Company Optimistic About Sales
Target Corporation announced its first quarter 2023 financial results, which reflected continued traffic and sales growth in what company officials called an “increasingly challenging environment.”
The Company reported first quarter...
Musk Says He’ll Step Down as Twitter CEO Following Poll
In the short time since he purchased the social media platform Twitter, Elon Musk has shown he’s willing to give the public what it wants.
According to published reports, Musk...
’24 Mustang Carries Most Powerful 5.0-Liter Engine Ever
DEARBORN, Mich., Dec. 15, 2022 – Ford is spreading the holiday cheer this season by giving Mustang fans exactly what they had on their wish list: more horses across every engine offering...
First-Time Unemployment Claims Dropped Last Week
First-time claims for unemployment benefits dropped by 4,000 last week.
National Defense Consortium Hires Industry Veterans to Focus on Army Modernization and Warfighter Needs
The National Advanced Mobility Consortium (NAMC) is the preferred, proven source of ground vehicle, automotive, and intelligent systems technology for the US Military. The organization has a long history...
White House: Biden Showing Mild Symptoms After Testing Positive for COVID-19
The White House announced Thursday that President Joe Biden tested positive for COVID-19 and is experiencing “very mild symptoms.”
The news comes as new variants of the virus hinder efforts to...
The Right Place Receives $588,000 Grant to Assist Area Companies With Industry 4.0 Implementation
The Right Place, Inc. has received $588,235 in funding from the MEDC, one of six economic development organizations across the state to receive a portion of the $3 million in Industry 4.0 Technology Implementation Grant funds.
Great Lakes Cruise Industry Announces Commitment to Environmentally Conscious Cruising
Cruise the Great Lakes, a coalition of states and provinces, cruise lines, ports, convention and visitor bureaus, and others working together to promote cruising on the Great Lakes, have...
