News Summary The Michigan Economic Development Corporation (MEDC) has canceled over $100 million in state funding for Gotion High-Tech’s proposed battery factory project. Originally projected to create 2,350 jobs, the decision comes amid local governance disputes and accusations regarding the company’s ties to the Chinese Communist Party. Gotion has been
News Summary The Michigan Economic Development Corporation has officially terminated Gotion Inc.’s planned electric vehicle battery parts plant project in Big Rapids. The project, which was to be a $2.36 billion investment, aimed to create around 2,350 jobs. The state cited Gotion’s defaults on agreements as the reason for termination,
News Summary Tammy Carvey, a 45-year-old woman from Wyandotte, Michigan, has won a $100,000 Powerball jackpot after using artificial intelligence technology to pick her numbers. Carvey purchased her ticket online for the September 6 draw, matching four white balls and the Powerball number. Initially thinking she won $50,000, she discovered
News Summary Cleveland-Cliffs is venturing into rare earth element mining in Minnesota and Michigan, aiming for U.S. material independence. CEO Lourenco Goncalves announced the discovery of two potential mining sites. This strategic shift comes amid supply chain concerns stemming from reduced exports from China and emphasizes the importance of self-sufficiency
News Summary Tammy Carvey, a 45-year-old from Wyandotte, Michigan, won $100,000 in the Powerball lottery after using AI to select her numbers. She typically plays when jackpots exceed a billion, but this time, she consulted ChatGPT for suggestions. Initially thinking she won $50,000, she discovered her prize doubled after activating
News Summary The Trump administration is contemplating the cancellation of over $16 billion in federal grants, including a vital $500 million grant for General Motors’ Lansing plant. This decision raises serious concerns about the future of electric vehicle production and local job security. Critics argue that such actions undermine Congress’s
News Summary Governor Gretchen Whitmer has enacted a budget bill providing substantial tax relief for working Michiganders and seniors. By removing state taxes on tips, overtime pay, and Social Security benefits, the legislation is expected to save the average worker around $1,700 annually. This timely measure, effective until January 1,
News Summary Michigan Governor Gretchen Whitmer has introduced a new 24% wholesale tax on marijuana sales to generate funding for state road repairs. This tax, expected to raise $420 million annually, has faced criticism from the cannabis industry, which warns it may drive consumers to the black market. As Michigan
News Summary Michigan lawmakers have approved a new 24% wholesale tax on recreational cannabis, set to take effect on January 1, 2026. This tax aims to generate approximately $420 million annually for road construction and repairs. However, the Michigan Cannabis Industry Association (MCIA) has filed a lawsuit, arguing that this
News Summary Governor Gretchen Whitmer has signed a bipartisan $81 billion budget for fiscal year 2026, focusing on road repairs, public safety, tax cuts, and healthcare investments. The budget allocates $2 billion for road repairs funded partly by a cannabis tax hike and includes substantial healthcare funding of $29.8 billion
