Michigan Business News

On The Border Mexican Grill Files for Chapter 11 Bankruptcy

News Summary On The Border Mexican Grill has filed for Chapter 11 bankruptcy as it faces $19 million in debt…

1 week ago

Flagstar Bank to Lay Off 424 Employees Amid Restructuring

News Summary Flagstar Bank has announced layoffs of 424 employees at its Corporate Drive location in Troy, Michigan, as part…

1 week ago

Toronto Introduces New 25% Electricity Export Surcharge

News Summary Ontario Premier Doug Ford has announced a 25% surcharge on electricity exports to Michigan, New York, and Minnesota…

1 week ago

Ontario’s Premier Proposes 25% Electricity Export Surcharge

News Summary Ontario Premier Doug Ford has announced a proposed 25% surcharge on electricity exports to Michigan, New York, and…

1 week ago

Michigan Faces Uncertainty Over CHIPS Act Future

News Summary The future of the CHIPS and Science Act, initially aimed at boosting U.S. semiconductor manufacturing, is under scrutiny…

1 week ago

Rochester Hills Faces Economic Jitters from Tariffs

News Summary Rochester Hills, Michigan, is on edge as Mayor Bryan Barnett warns of potential economic consequences due to new…

1 week ago

Detroit’s Rosa Parks Federal Building Faces Uncertainty

News Summary The Rosa Parks Federal Building in Detroit is one of over 400 federal properties initially considered for sale…

1 week ago

Michigan Faces Economic Challenges Amidst New Tariffs

News Summary As Michigan prepares for the implications of a 25% tariff on imports from Canada and Mexico, the state's…

1 week ago

Michigan Announces $8.7 Million Funding for Adult Education

News Summary Governor Gretchen Whitmer of Michigan has unveiled an investment of over $8.7 million aimed at enhancing adult education…

1 week ago

Ontario Implements Surcharge on Electricity Exports Amid U.S. Tariff Tensions

News Summary Ontario Premier Doug Ford has announced a 25% surcharge on electricity exports to the U.S. as a retaliation…

1 week ago