Business Watch

Political differences over EVs could threaten Michigan’s economic future, a new poll suggests, with nearly half of residents willing to cede the state’s leadership in auto manufacturing.

Volunteers from the Red Cross and DTE are heading to Florida to assist with disaster relief as Hurricane Milton approaches the mainland. The storm is expected to arrive Thursday and cause catastrophic damage.

A new indoor water park at Bavarian Inn Lodge in Frankenmuth includes the first adults-only swim-up pool bar in Michigan. The water park is part of an $80 million expansion.

The Michigan Public Service Commission hired an independent consulting group to audit DTE Electric and Consumers Energy. The audit found that outage durations were ‘worse than average’ compared to other utility companies.

The long-awaited cut to the interest rate that guides how much consumers pay to borrow money came in on Wednesday at 0.5%.

Household income down 3% since 2019 when adjusted for inflation. Despite other rosy economic data, median household income fell in 30 of 50 states since 2019 when adjusted for inflation.

Automaker announced $406 million in investments to add EV capability in 3 legacy factories in the state.

The Michigan Public Service Commission has raised the bill credit that utilities must give to customers who experience an extended power outage to $40 per day — a $2 increase.

Running from Alpena to Camp Grayling, the new zone will support drones that fly beyond the sight of pilots, a looming change that will drastically increase commercial options for unmanned aircraft.

Detroit's LGBT Chamber of Commerce is seeking input on where a potential gay business district should be located and what should be included.

About one-third of the costs will be funded with tax gains on the projects, which will remake two areas close to downtown and the Grand River.

Workers are rejoicing, but sick time rules set to take effect in February have firms fearing a complicated ‘catastrophe.’ They want legislators to make changes, but Democrats may be reluctant.

After a year, Michigan’s EV Jobs Academy program has helped start technician training classes to prepare the next generation of workers for an evolving automotive industry.

A federal judge has sided with Gotion Inc., upholding a preliminary injunction issued after the Green Township Board tried to stall efforts to build a battery plant near Big Rapids.

The Mackinac Island Ferry Co. will stop making trips to and from the island effective Monday as it makes $4 million in repairs. That leaves Shepler’s as the only ferry option.

The Environmental Protection Agency issued an emergency fuel waiver in Michigan, Illinois, Indiana and Wisconsin that could provide some price relief for drivers.

The top official of the Michigan Restaurant and Lodging Association says a court ruling this week to eventually abolish the lower, tipped minimum wage will hurt an industry still suffering from the pandemic.

Bankruptcy documents lay out Rite Aid’s shift to Michigan stores in its efforts to downsize.

A Michigan Supreme Court ruling will likely raise the minimum wage to over $12 an hour in February and higher in future years, giving a raise to tens of thousands of workers. Business leaders called it ‘catastrophic.’

The Democratic governor is bullish on subsidizing the switch to EVs, but so far, only 14 of the state’s 14,482 cars are zero-emissions. She’s pushing for more.