While a new $1.5 billion economic development fund for large-scale manufacturing projects has received most of the news this week, a tax policy change also signed into law this week amounts to something of a Christmas gift for many of the state’s small businesses.
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Whitmer signs $1.5B biz incentive bills, $841M plan for COVID testing, rental aid
Gov. Gretchen Whitmer signed several bills Monday that state leaders say will finance millions of dollars in incentives that will attract businesses, create job and make Michigan more competitive.
Continue ReadingMichigan companies await final legal verdict on Biden vaccine mandate
Michigan’s larger businesses are heading into the holiday week with renewed uncertainty over the federal COVID-19 vaccine mandate for workers announced months ago by President Joseph Biden.
Continue ReadingMichigan lawmakers approve $1 billion incentive fund to attract new plants
Michigan lawmakers voted late Tuesday to put $1 billion into a new fund intended to attract economic investment, such as a new GM battery plant that could be built in the Lansing area and create up to 1,700 full-time jobs.
Continue ReadingLivengood: Why is Whitmer backing away from Biden’s COVID vaccine mandate? New Detroit Chamber poll offers hints
Progress in defeating the coronavirus pandemic in Michigan looks to be at a standstill. One-in-five hospital beds in Michigan are occupied with COVID-19 patients. Twenty Michigan hospitals reported Monday being at 97 percent of capacity or higher. Another 17 hospitals reported being at 90 percent to 96 percent of their current bed capacity.
Continue ReadingChamber President on Michigan’s Big Show
Chamber President and Chief Executive Officer Sandy Baruah joined Michael Patrick Shiels on Michigan’s Big Show to discuss the release of the Chamber’s Michigan Priorities Poll. The poll focused on economic issues, concerns about inflation, perceptions on COVID-19, vaccinations, voting …
Continue ReadingMichigan voters worried about inflation, but secure in own finances, poll finds
A majority of Michigan residents are concerned about inflation and the future of the nation’s economy, but are secure in their own personal finances and job stability, according to a poll released Wednesday.
Continue ReadingIlitches, Ross to build UM Detroit Center for Innovation on site west of Fox Theatre
Crain’s Detroit Business Dec. 13, 2021 Kirk Pinho A new University of Michigan graduate school building is expected to be built on a 4-acre surface parking lot west of the Fox Theatre in the Ilitch organization’s District Detroit development area. After months of speculation …
Continue ReadingDetroit hosts World Economic Forum summit as organization ramps up activities in city
Detroit this week played host to the World Economic Forum’s inaugural summit on cities, as the Switzerland-based non-governmental organization ramps up its new global Centre for Urban Transformation that will be headquartered in the city.
Continue ReadingMichigan drivers to receive auto insurance refunds of $400 per vehicle
Detroit Free Press Dec. 7, 2021 Paul Egan The Michigan Catastrophic Claims Association will issue $3 billion in auto insurance refunds — $400 per insured vehicle — to Michigan drivers, Gov. Gretchen Whitmer and the Department of Insurance and Financial Services announced Tuesday. Drivers are …
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