State documents show that Michigan was willing to exchange billions in cash and tax breaks to land a proposed semiconductor manufacturing complex near Flint. The company pulled the plug instead.
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.
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Michigan loses massive semiconductor plant. Whitmer blames ‘national economic turmoil’
Michigan used taxpayer subsidies to try to land a $63 billion deal with Sandisk. Gov. Gretchen Whitmer now says that won’t happen.
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Crypto mines a noisy nuisance to some. Should Michigan regulate them?
Pending legislation would make it easier to build crypto mines in Michigan. One Upper Peninsula community knows the mines don’t always make good neighbors.
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Crypto mining comes to Michigan. How does it work?
Crypto’s gone increasingly mainstream, but many still don’t understand how the financial technology works. We’re here to help.
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Marshall breathes sigh of relief as Ford battery plant spared from Trump EV cuts
After fears of losing tax credits vital to the project, the Dearborn automaker saves tens of millions of dollars through a revision to Trump’s ‘big, beautiful bill.’
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Michigan’s economy: ‘Constant uncertainty’ sparks fear, hope for stability
Data gives glimpse into how Michigan is faring so far in 2025.
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Michigan Senate backs Mackinac Island in ferry ‘monopoly’ fight
The Michigan Senate approves legislation allowing Mackinac Island to regulate all aspects of ferry service — including prices.
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A year after $500M grant to shift Lansing plant to EVs, GM mum on plans
EVs were planned for Lansing’s oldest General Motors factory, but will market moves and federal policy change that? GM won’t say.
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Mackinac Island fears ‘economic strangulation’ by ferry. Will Lansing step in?
A Florida company has acquired all the ferry operations to the island and raised prices to the tourism Mecca. An Up North legislator wants to give the island more control.
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Q&A: Restaurants recover from pandemic, still struggle with profitability
Restaurant employment has rebounded, but owners are still working hard to adjust to inflation and changing customer expectations, says Justin Winslow, executive director of the Michigan Restaurant and Lodging Association.