Business & Economy - Page 2

111 stories

Michigan Animal Agriculture Research Faces Uncertain Future Without State Funding

Michigan's $125.8 billion animal agriculture sector relies on the Michigan Alliance for Animal Agriculture for research and innovation. Farmers and industry leaders say losing this funding would threaten farm profitability and local food supply chains.

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Michigan Schools Expand Career Tech as Debate Over College Value Grows

Michigan is investing millions to expand career and technical education in schools, but with most high-demand jobs still requiring a bachelor's degree, educators and policymakers are divided on how far to push the skilled trades path for students

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Brighton Burger King Reopens With Free Whoppers for a Year for First 100 Guests

Burger King's Brighton location reopens September 12 with a full redesign. The first 100 visitors at 8489 W. Grand River Ave. will get free Whopper sandwiches for a year.

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US Consumer Sentiment Drops as Fuel Prices and Inflation Weigh on Households

The University of Michigan's latest survey shows consumer sentiment has fallen to its second-lowest level on record, with rising fuel prices and inflation expectations driving the decline and raising the likelihood of a Federal Reserve rate hike.

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Federal Court Overturns DOE Order Keeping Michigan Coal Plant Open

A federal appeals court has struck down the Department of Energy's emergency order that forced Consumers Energy's J.H. Campbell coal plant in West Olive to stay open past its planned 2025 closure, citing federal overreach and major cost concerns for Michigan ratepayers.

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Talon Metals Shifts Focus to Michigan's Humboldt Mill, Drops North Dakota Plant Plan

Talon Metals has dropped its plan for a new processing plant in North Dakota and is now considering Michigan's Humboldt Mill for ore from its Tamarack project. A final decision will follow a feasibility study expected by the end of 2026.

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Abdul El-Sayed to Join Senate Forum in Northern Michigan

Abdul El-Sayed will take part in the Northern Michigan Chamber Alliance's Agree to Disagree event on September 21, where he may appear alongside Republican Mike Rogers to discuss rural business policy and statewide issues.

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Rose Water Designs adapts to changing market in Lake Michigan community

Rose Water Designs, led by Lauren Stehouwer, has shifted focus from wholesale to custom retail jewelry after industry changes and rising material costs. The business now emphasizes minimalist handmade pieces and interactive events for local customers

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Michigan Farmers Offered New Webinar Series on Local Food Sales

A seven-week online series starting October 7 will guide Michigan farmers through selling to food co-ops, schools, hospitals and more, with practical advice from industry experts and registration open until November 17

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Fifth Generation Family Expands Cherry and Grape Farming in Traverse City

Lyon Farm and Vineyards in Traverse City continues to adapt as the Lyon family introduces new crops and livestock while maintaining one of Michigan's oldest fruit farms. The operation now spans 100 acres and five generations

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Michigan Faces New Global Pressure in Automotive Investment Decisions

Michigan is now competing with regions in the South, Mexico, Europe and China for automotive projects as companies weigh costs, speed and site readiness before investing in new or existing facilities

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Request Foods expands frozen meal production in Holland Michigan

Request Foods has increased its frozen food manufacturing capacity in Holland with support from the Michigan Business Development Program, adding new single-serve meal lines and investing in workforce training to meet changing market demand

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Michigan Designer Expands Family Business With Custom Charm Bar

Emily Cuozzo, a Michigan interior designer, has grown a family-run charm bar business that now offers thousands of custom jewelry pieces at local events. The venture highlights both creative collaboration and the realities of small business competition

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Michigan Ranks High for Business but Faces Worker Shortage

Michigan is ranked among the top states for business in 2026 but continues to struggle with slow job growth and a shrinking workforce. New forecasts show the state's economic gains are not translating into more jobs or population growth.

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Envysion Entertainment expands creative production services in Michigan

Envysion Entertainment, founded by Augustine Cruz, is growing its filmmaking and visual storytelling services across Michigan, offering custom production packages for music videos, events and commercial projects while building a team of local creatives

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Federal Court Blocks New Migrant Wage Rule for Michigan Farms

A federal judge has invalidated the Department of Labor's updated wage formula for H-2A migrant farm workers, leaving Michigan growers facing renewed uncertainty over pay rates and possible retroactive costs as the 2026 season begins

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Fifth Third Bank finalizes Comerica merger and updates customer access

Fifth Third Bank has completed its merger with Comerica Bank, moving 600000 accounts and nearly 300 branches to its system. Former Comerica customers now face new login steps and expanded branch access across five states.

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Michigan Ranks High for Business but Faces Worker Shortage

Michigan is ranked among the top states for business in 2026 but continues to struggle with slow job growth and a shrinking workforce. New forecasts show the state's economic gains are not translating into more jobs or population growth.

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Michigan Awards 2 Million Dollars for Local Food and Farm Expansion

The Michigan Department of Agriculture and Rural Development is distributing 2.3 million dollars in grants to 28 organizations to expand food production, create jobs and improve access to local foods across the state

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Michigan Small Business Survey Reveals Five Urgent Investment Priorities

A statewide survey by the Michigan Economic Development Corporation identified five critical needs for small businesses, including better program coordination and access to capital, shaping future state investment decisions

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Michigan State University to Lead New National Turbulence Research Center

A $30 million National Science Foundation grant will fund the TEMPEST Science and Technology Center at Michigan State University, aiming to advance turbulence research with AI, computation and hands-on experiments starting in 2026

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University of Michigan Ross School Opens New Los Angeles Campus

The University of Michigan's Ross School of Business has launched a 20,000-square-foot campus in downtown Los Angeles, offering expanded executive education and event space for students, alumni and business leaders on the West Coast

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Canada Imposes New Tariffs Targeting Michigan Exports and Jobs

Canada's latest tariffs on U.S. goods have taken effect, directly threatening Michigan's manufacturing, agriculture and small businesses as the state's largest export customer responds to U.S. trade actions

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HomeTown Pharmacy closes four Michigan stores after reimbursement losses

HomeTown Pharmacy has permanently closed three Traverse City locations and one Muskegon store citing unsustainable reimbursement rates from pharmacy benefit managers affecting patient access and local healthcare options

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Michigan Auto Industry Faces Higher Costs After Canadian Tariffs

New Canadian tariffs on US goods have driven up costs for Michigan automakers and suppliers, with immediate effects on profits and operations as cross-border trade becomes more expensive

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Michigan Faces Higher Heating Costs as Iran Conflict Drives Energy Uncertainty

Michigan households may see higher winter heating bills as the ongoing Iran conflict disrupts global energy markets. With 77 percent of homes using natural gas and rural areas dependent on propane, residents face new risks despite strong U.S. supplies

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Michigan Faces Job Shortages as Unemployment Remains High

Michigan's unemployment rate is now among the highest in the nation as the state's manufacturing sector contracts and job seekers outnumber available positions. A new report details the growing competition for work and the challenges facing residents

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Michigan Lawmaker Pushes for Federal Support to Upgrade State Ports

State Rep. Donni Steele met with U.S. Transportation Secretary Sean Duffy to advocate for new investment in Michigan's ports and shipbuilding sector, highlighting the need for infrastructure upgrades and workforce development to keep the state competitive

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Federal Job Cuts Reduce Services for Michigan Veterans and Families

Michigan has lost thousands of federal jobs in the past year, affecting veterans, nurses, inspectors and local economies as service delays and longer wait times become more common across the state

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Michigan Lawmaker Pushes for Federal Support to Upgrade State Ports

State Rep. Donni Steele met with U.S. Transportation Secretary Sean Duffy to advocate for new investment in Michigan's ports and shipbuilding sector, highlighting the need for infrastructure upgrades and workforce development to keep the state competitive

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