News Summary Michigan has introduced two new programs for nonprofits and tax-exempt entities, allowing them to access federal clean energy tax credits through Elective Pay. The MHC Challenge and Elective Pay Ambassador Program aim to simplify the process and increase participation from communities historically facing barriers in utilizing clean energy
News Summary Michigan Governor Gretchen Whitmer met with President Trump in the Oval Office to address concerns over tariffs affecting the auto industry and state economy. The meeting highlighted the significant impact of existing tariffs on Michigan’s crucial auto sector, which employs nearly 600,000 residents. Whitmer emphasized the financial burdens
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
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.
News Summary A recent study by the Michigan Retailers Association reveals that redirecting just 10% of online spending to local businesses could yield 12,000 new jobs and $1.1 billion in economic activity. This highlights the significant impact of local consumer habits on Michigan’s economy, supporting both job creation and public
News Summary HNI Corp. has finalized a $2.2 billion acquisition of Steelcase Inc., reshaping the corporate landscape in Grand Rapids, Michigan. As part of the deal, Steelcase shareholders will receive cash and HNI stock, while the new entity is expected to generate significant synergies and a projected revenue of $5.8
News Summary Michigan’s cannabis market is in crisis, experiencing a notable oversupply and declining sales. Total cannabis sales dropped to $261.1 million in June 2025, with medical marijuana sales plummeting 72% from last year. As major operators exit the market, concerns mount over increased competition and reduced profit margins. The
News Summary Michigan Governor Gretchen Whitmer met with President Trump to address crucial issues affecting the state, including tariffs on the auto industry and Medicaid transitions. The discussions highlighted the auto sector’s vulnerabilities and the need for job creation, as well as the importance of a three-year transition for Medicaid
News Summary Billionaire donor Timothy Dunn has contributed $5 million to the Great Lakes Conservatives Fund, backing Mike Rogers in the Michigan Senate race. This donation highlights significant financial support for Rogers, who previously lost a close election. The PAC has raised over $5 million this year and has received
News Summary Governor Gretchen Whitmer has mandated an investigation into the economic effects of tariffs on Michigan’s manufacturing and agriculture sectors. The directive requires reports from state agencies within 30 days, addressing concerns over escalating costs and supply chain weaknesses, especially in the auto industry. With significant tariff rates affecting
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