MotorCity Casino, MGM Grand Detroit and Hollywood Casino at Greektown in Detroit remain open. But a prolonged strike could threaten revenues of both the city and the state.
Business Watch
Covering the intersection of business and policy, and informing Michigan employers and workers on the long road back from coronavirus. Our Michigan Economic Dashboard shows key metrics that show how the state is performing.
Posted inBusiness Watch
UAW strike impact grows in Michigan as walkouts enter second month
Bill Ford Jr. said Monday the union should unite against foreign companies to boost American jobs. The UAW didn’t buy it, with President Shawn Fain telling Ford to give in to union demands to support its workers. Here are four things to know about the strike.
Posted inBusiness Watch
Bipartisan vibes as Michigan lawmakers seek to reform SOAR incentive fund
Michigan’s large-scale business incentives program has drawn growing criticism for awarding billions of dollars to automakers and other industries with little accountability and questions about the quality of jobs it brings in return.
Posted inBusiness Watch
Michigan tourists among those returning to Maui as island reopens after fires
The western part of the island opened to visitors on Sunday, the first time in two months following a devastating fire in early August. Some 90,000 Michigan residents go to Hawaii each year.
Posted inBusiness Watch
Michigan personal income plummets to lowest in history compared to nation
Michigan now ranks 39th in per capita income, a reflection of the state’s slow transition away from its blue-collar roots.
Posted inBusiness Watch
EV battery maker LG Energy Solution eyes Michigan tax break for $3B expansion
LG Energy Solution is planning to grow again, even before construction concludes on a $1.7B project announced in 2022. Holland officials await building plans.
Posted inBusiness Watch
Michigan Democrats offer plan to remake economic development
As mega-subsidies through Michigan’s SOAR Fund lose luster with both parties, Democrats propose adding more corporate accountability, oversight and community benefits to incentive deals.
Posted inBusiness Watch
UAW expands strike, including Lansing GM plant
The number of auto workers on strike jumped to 25,000 across 21 states Friday, with new GM and Ford plants going idle.
Posted inBusiness Watch
Ford puts brakes on $3.5B BlueOval Battery Park in Marshall
The automaker says it has not made a final decision to build the factory, despite $2.2 billion in state subsidies. Ford won’t say if UAW negotiations are a factor.
Posted inBusiness Watch
‘They destroyed our little town.’ What Michigan’s auto industry left behind
Milan, Romeo and Wyoming are Michigan towns with something in common: All are sitting on shuttered auto plants where legacy pollution may complicate their path to recovery.