Michigan business news

Ontario Implements 25% Electricity Export Surcharge

News Summary Ontario has announced a 25% surcharge on electricity exports to the U.S. starting March 10, 2025, in response…

6 days ago

Ontario Implements 25% Electricity Surcharge on U.S. Exports

News Summary In response to U.S. tariffs on Canadian goods, Ontario's Premier Doug Ford has announced a 25% surcharge on…

6 days ago

Ontario Imposes 25% Surcharge on U.S. Electricity Exports

News Summary Ontario has announced a significant 25% surcharge on electricity exports to the U.S., set to take effect on…

6 days ago

Staten Island Shoppers Face Forever 21 Closures

News Summary Shoppers in Staten Island are feeling the impact of significant closures at Forever 21 as liquidation sales begin.…

1 week ago

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…

2 weeks 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…

2 weeks 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…

2 weeks 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…

2 weeks ago