News Summary Consumer sentiment in the U.S. has dropped by 2.7% in May, marking the fifth consecutive month of decline and the lowest level since July 2022. This decline, nearing 30% since January, is attributed to rising concerns over inflation and economic stability, exacerbated by ongoing trade tensions. While retail
News Summary On April 29, President Trump announced that Selfridge Air National Guard Base in Michigan will receive 21 F-15EX fighter jets. This acquisition, part of a modernization effort, will replace the aging A-10s and is seen as vital for local economic stability. Governor Whitmer played a key role in
News Summary DTE Energy and Consumers Energy have filed a lawsuit against Toshiba America Energy Systems Corp. over an $800 million upgrade at the Ludington Pumped Storage Plant. Allegations include mishandling of key components and operational delays, threatening the plant’s integrity and functionality. Toshiba, facing claims exceeding $690 million, has
News Summary Leonard’s Syrups has successfully acquired Midwest Juice as part of its strategy to enhance healthcare beverage solutions in Michigan. The deal, facilitated by Calder Capital and closed on April 1, 2023, is significant given Midwest Juice’s reputation in offering reliable beverage systems. Leonard’s Syrups aims to retain all
News Summary Ascension Healthcare reported a significant data breach affecting patients in Alabama, Michigan, Indiana, Tennessee, and Texas. The breach, linked to third-party software, compromised sensitive information including names, addresses, and Social Security Numbers. Ascension is taking steps to review protocols and offer support to affected individuals, including complimentary credit
News Summary During President Trump’s executive order signing on April 9, 2025, Michigan Governor Gretchen Whitmer surprised many by hiding her face behind binders. Initially in Washington to discuss tariffs and seek federal assistance post-ice storm, her unexpected antics went viral, prompting diverse reactions on social media. Her presence raised
News Summary Beacon Health System is set to expand its healthcare offerings in Southwest Michigan by acquiring the Ascension healthcare system. This acquisition, which is expected to finalize this summer, includes four key hospitals. Beacon’s CEO has emphasized a commitment to maintaining high-quality care and plans to implement advanced online
News Summary Gas prices in Michigan have hit a 2025 high, reaching $3.19 per gallon over the weekend before slightly dropping to $3.17. The rise is attributed to the switch to more expensive summer blend gasoline, common during this time of year. Despite a recent increase, current prices are actually
News Summary In 2024, Michigan’s agricultural exports have surged to an impressive nearly $3 billion, marking a substantial increase from 2023. With Canada and Mexico as top partners, the state showcases strong growth in processed food products and various essential goods. However, uncertainties relating to upcoming tariffs pose challenges ahead.
News Summary Forever 21 has announced major store closures across the United States, including nine locations in Michigan, following its Chapter 11 bankruptcy filing. The popular fast-fashion retailer is set to initiate liquidation sales as it grapples with declining sales and changing shopping habits. Customers are urged to take advantage
