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The Detroit News

Popis:

Business news from Detroit and Michigan

URL:

http://detnews.com

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Publikuje:

5,8 položek/den

Whitmer appointee scores business windfall through governor's jobs strategy

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Tax dollars for Walbridge's work on an electric vehicle battery plant flowed through unconventional channels that avoided normal levels of oversight.

Feds sue owner of Mich. restaurants for workers' back pay

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Suit seeks at least $411,662 from Barrio Tacos, which owns eateries in East Lansing, Traverse City and Grand Rapids.

FTX sues Sam Bankman-Fried's parents to claw back funds

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FTX sued Bankman-Fried's parents to "recover millions of dollars in fraudulently transferred and misappropriated funds."

Wall Street slips ahead of Fed decision on rates

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Stocks are slipping Tuesday as Wall Street waits for the Federal Reserve's latest decision on interest rates.

Amazon plans to hire 250,000 workers for holiday season. Target says it will add nearly 100,000

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Amazon said on Tuesday that it will hire 250,000 full- and part-time workers for the holiday season, a 67% jump compared to last year.

Report: Michigan leads Midwest in clean energy jobs; more growth expected

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Clean energy businesses in Michigan added more than 5,400 workers in 2022, according to a Clean Jobs Report released Tuesday.

The Fed is still pushing to get inflation down. Do people feel it?

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The central bank's challenge is to find a message that makes clear all the work it has done to stabilize prices without a sharp crash.

Most of us are worried about Christmas shopping, but we're going to spend a lot anyway

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According to a survey, 1 in 3 Americans think inflation will affect what they buy for friends and family.

Netanyahu visits Elon Musk in California to hold discussion about artificial intelligence

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Netanyahu is starting a U.S. trip in California to talk about technology and artificial intelligence with billionaire businessman Elon Musk.

Regulators are trying to stop greenwashing before it gets worse

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From banning ads to suing over dubious claims, governments are starting to fight back against companies seen as misleading consumers on sustainability.

Climate change is causing an insurance crisis in Louisiana

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The surge in policy costs — when coverage if available at all — is harming the state's economy and even reducing its population.

Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'

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When the Fed meets again this week, the policymakers are likely to decide they can afford to wait and see if the progress continues.

Hundreds of flying taxis to be made in Ohio, home of the Wright brothers and astronaut legends

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"When you're talking about air taxis, that's the future," Republican Gov. Mike DeWine told The Associated Press.

Trillion-dollar industry powering Chicago is at risk of leaving

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The derivatives firms' commitment to the Windy City is being tested by some $800 million in taxes proposed by a new mayor staring down a budget gap.
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