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Officials at Ascension, a St. Louis-based, non-profit Catholic health system with facilities in 19 states and the District of Columbia, said Thursday they believe the system was the victim of computer hackers. In a statement posted to Ascension’s website Thursday, the company said they “detected unusual activity on select technology...

It’s 60 and out for the Chevy Malibu. After 60 years, General Motors announced it will end production this year of the last sedan still sold by Chevrolet. The world’s largest automaker announced production of the Malibu will end in November. The factory that produces it, the Fairfax Assembly Plant in...

SAN FRANCISCO – Instacart and Uber Technologies, Inc. announced a strategic partnership to bring Uber Eats restaurant delivery to Instacart customers. In the coming weeks, Instacart customers nationwide will be able to use the Instacart app to order from hundreds of thousands of restaurants, powered by Uber Eats. The experience will be...

The U.S. Treasury Department’s Monthly Treasury Statement for April will be the most important release in a light week for economic data. Fiscal receipts usually jump in April as Americans submit payments for their annual income tax filings, which swings the fiscal balance to a surplus, even in years...

The American job market, which has been so strong for so long, may not be so strong right now. A week after the U.S. added its lowest number of jobs – 175,000 – in six months, the rate of American workers applying for uemployment assistance rose to its highest total...

FORT WORTH, Texas — American Airlines announced a historic endeavor to commemorate the 80th anniversary of the D-Day landings in Normandy, France. On May 31, American will fly 70 World War II veterans to France on a donated charter flight to honor them for their service and sacrifice. "We’re honored...

DETROIT -- The third annual Tyrone E. Winfrey Sr. Hall of Fame Alumni Gala, hosted by the Detroit Public Schools Community District Foundation and the Detroit Public Schools Community District, announced the Rev. Dr. Wendell Anthony will receive the Tyrone E. Winfrey Sr. Change Maker Award. President of the Detroit...

The Asian Pacific American Chamber of Commerce honored the Asian American Pacific Islander community with its 23rd annual gala.

A $50 million federal grant is designed to bolster efforts to transition to clean energy.

Ford officials say rebranding charitable arm "reflects Ford's 75-year legacy" in communities around the world.

GRAND RAPIDS – The 100, Start Garden’s open contest for startups, is back for a sixth year. Everyone with a business idea or any business seeking to explore a new opportunity is invited. The event is believed to be the largest open business competition in the state with 100 recipients...

DETROIT, MI – Higher Hopes!, a Michigan-based charitable organization, is proud to announce a new affiliate partnership with the national nonprofit Blessings in a Backpack to provide weekend meals for Head Start students in Detroit. Starting this school year, 500 students at United Children and Family Head Start, Starfish Family...

The inflation rate has dropped from a historic high of 9.2% to around 3.6%, but apparently that’s now low enough for the Federal Reserve to consider cutting its prime interest rate. In a statement issued after its most recent meeting, the Fed decided not to cut rates, instead leaving it...

Customer reception to Ford hybrid vehicles continues to accelerate, with U.S. sales reaching 17,997 in April, a 60 percent improvement from the same month a year ago and a new monthly record, the automaker said in a release posted to its website Thursday.. Sales of the new F-150 PowerBoost Hybrid...

If the increasing interest rates are supposed to slow the U.S. job market, it doesn’t appear to be working. While U.S. job openings dropped in March to the lowest level they’ve seen in three years, they’re still historically high. According to statistics released by the Labor Department Wednesday, employers posted 8.5...

Apparently, consumers in the U.S. may be getting leary of the stubbornly high inflation rate. Consumer sentiment fell in April on dimmer views of personal finances and the economy as inflation expectations climbed. Bloomberg reported that the University of Michigan’s final April index fell to 77.2 from 79.4 in March,...

At Wednesday’s Fed decision, the Federal Open Market Committee said the first quarter’s economic data didn’t reach their high bar to justify interest rate cuts. However, the Fed is still expected to announce details of how they will slow the run-off of their balance sheet, sometimes called tapering the...

It was steady as she goes in the U.S. job market last week. The number of Americans applying for unemployment benefits didn’t change last week and is still historically low, even in the face of high interest rates and elevated inflation. According to statistics released Thursday by the Labor Department, 208,000...

ANN ARBOR  – Michigan Founders Fund, which is leading the vision for Michigan to be the most successful, inclusive and community-minded startup ecosystem in the country, has named Rishi Moudgil as its next Executive Director. Moudgil brings extensive social impact and entrepreneurial experience to the role. He previously served as Founding Executive...

Detroit — Honigman LLP announced that Joshua W. Damm has joined its Corporate Department as a partner in the firm's Public Company, Securities and Governance Practice Group. Based in Detroit, Damm specializes in securities offerings, ongoing securities laws compliance, public company reporting and corporate governance counseling. He advises companies...