
Michigan Economic Development Corporation Under Investigation
News Summary The Michigan Economic Development Corporation (MEDC) is facing scrutiny from the state following an investigation into a $20 million grant awarded to a
Explore the economic landscape of Michigan with in-depth business news coverage. From the booming real estate market to the innovative manufacturing sector, we track the trends, deals, and economic policies shaping the state’s economy. Our coverage includes profiles of leading companies, analyses of business climates across various industries, and updates on educational initiatives that prepare the workforce for the future. Whether you’re a business professional or interested in the state’s economic health, our news provides valuable insights into Michigan’s business world.

News Summary The Michigan Economic Development Corporation (MEDC) is facing scrutiny from the state following an investigation into a $20 million grant awarded to a

News Summary Ultium Cells LLC, a joint venture between General Motors and LG Energy Solution, is enhancing its Tennessee manufacturing facility to produce low-cost lithium

News Summary Michigan health insurers, including Blue Cross Blue Shield and UnitedHealthcare, are seeking record rate increases for individual and small group plans in 2026.

News Summary Gas prices in Michigan have risen by 12 cents this week, averaging $3.27 per gallon. This increase reflects a 16-cent rise from last

News Summary The Michigan Department of Natural Resources is holding its annual surplus land auction from August 1 to September 5, featuring 126 properties across

News Summary Howard Miller Co., a prominent clock and furniture manufacturer in Zeeland, Michigan, will close down after nearly a century in business. The decision

News Summary Recent assessments indicate that three rural hospitals in Michigan are at a high risk of closing due to federal funding cuts stemming from

News Summary The U.S. Mint has launched a new $1 coin in Michigan, celebrating the state’s contributions to automotive manufacturing. Unveiled at the Detroit Historical

News Summary Michigan has climbed to 6th place in CNBC’s best states for business ranking for 2025, marking its highest position since the ranking began.

News Summary New research reveals that Michigan has become the third-most affected state by tariffs from the Trump administration, incurring a burden of $3.3 billion