Michigan business news

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Community event promoting energy assistance in Michigan
Michigan Business News

Consumers Energy Allocates $2 Million for Summer Assistance

News Summary Consumers Energy has launched a $2 million initiative to aid Michigan residents struggling with energy bills this summer. Eligible customers can access assistance via The Heat and Warmth Fund and The Salvation Army. Income-based criteria apply, with funds aimed at easing financial burdens during the warmer months. The

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A scenic view showcasing the diverse housing and parks in Troy, Michigan.
Michigan Business News

Troy’s Diverse Economy and Recreational Offerings Shine

News Summary Troy, Michigan, recognized for its robust economy and diverse housing options, offers over 400 acres of parkland and engaging recreational facilities. The city’s ongoing developments, including community centers and transformations of residential spaces, enhance its appeal for both residents and businesses, ensuring a high quality of life. With

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A vibrant scene of Grand Rapids craft breweries with people enjoying outdoor seating.
Michigan Business News

Grand Rapids Crowned Best Beer City in the U.S. for 2025

News Summary Grand Rapids, Michigan, has been named the best beer city in the United States for 2025, marking five consecutive years in this top spot. Known for its robust brewing scene, the city features over 40 craft breweries within a short distance. Iconic breweries have significantly contributed to its

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Town hall meeting discussing automotive tariffs impact
Michigan Business News

Town Hall Meeting Addresses Tariffs Impact on Automotive Industry

News Summary On August 14, 2025, a town hall meeting at Madonna University highlighted the negative impacts of tariffs on the automotive sector. U.S. Congresswoman Rashida Tlaib led a discussion with industry leaders, revealing how tariffs disproportionately burden American consumers and small businesses. The conversation stressed the need for a

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3D printing technology in a defense manufacturing setting at Detroit Arsenal
Michigan Business News

Detroit Arsenal Revolutionizes Defense Manufacturing with 3D Printing

News Summary The Detroit Arsenal is leading a transformation in defense manufacturing by harnessing 3D printing technology to produce vital Patriot missile parts significantly faster. Army Secretary Dan Driscoll’s recent visit underscored this shift, which has reduced production time from 900 days to just 45. As the Army emphasizes innovation

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Crowds celebrating the launch of Yuengling beer at a bar in Michigan.
Michigan Business News

Yuengling Launches in Michigan After Years of Anticipation

News Summary Yuengling, America’s oldest brewery, officially launched its beers in Michigan, exciting local fans. Bars across the state are celebrating with events and the beer’s first availability in nearly two centuries has led to increased interest in local establishments. Draft versions will be available until September, with packaged beer

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Cozy interior of Duke's Social House with a modern lounge setting.
Michigan Business News

Duke’s Bar Acquired and Set to Transform into Duke’s Social House

News Summary Duke’s Bar in Grand Rapids has been acquired by Arena Social Partners LLC. Slated to reopen as Duke’s Social House in September 2025, the venue will undergo renovations while preserving its historical charm. The updated menu aims to attract a clientele aged 30 and older, featuring items like

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Workers in a Michigan automotive factory amidst production activities
Michigan Business News

Governor Whitmer Voices Concerns on Tariffs in Meeting with Trump

News Summary Michigan Governor Gretchen Whitmer met with President Trump to address the detrimental effects of tariffs on the automotive industry. During their discussion, Whitmer highlighted a detailed slide deck showing potential economic impacts, including job losses and financial strain on automakers like Ford and GM. She urged for federal

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Automotive manufacturing plant affected by tariffs
Michigan Business News

New Tariffs Impact Michigan’s Economy and Automotive Industry

News Summary The Trump Administration’s implementation of new tariffs has raised concerns for Michigan’s automotive industry, small businesses, and middle-class families. With major manufacturers like General Motors and Ford estimating losses up to $4 billion, the tariffs are expected to increase vehicle prices and burden local economies. Small business owners

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Michigan financial district representing cryptocurrency investments
Michigan Business News

Michigan Pension Fund Triples Bitcoin Investment

News Summary The State of Michigan Retirement System has tripled its investment in Bitcoin by increasing its holdings in the Ark Bitcoin ETF to 300,000 shares, valued at approximately $11.3 million. This move indicates growing institutional confidence in cryptocurrencies as the state pension fund becomes the first in the U.S.

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