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Michigan Business Network

Michigan Business Network is an online broadcasting company that provides knowledge, news, and insights into Michigan’s businesses, industries, and economy.

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Clark Schaefer Hackett | IRS Announces Extended Relief for Beneficiaries of Inherited IRAs

Michigan Business Network
May 7, 2024 5:00 PM

Beneficiaries of Inherited IRAs to Receive Extended IRS Relief

For the third consecutive year, the IRS has issued guidance that extends relief to taxpayers subject to the "10-year rule" for required minimum distributions (RMDs) from inherited IRAs and other defined contribution plans.

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New AAA Research Exposes the Crash Danger of Spillover Speeding

Michigan Business Network
May 7, 2024 6:00 AM

Fast on the Freeway Can Lead to Fury on the Side Streets

New AAA Research Exposes the Crash Danger of Spillover Speeding

DEARBORN, Mich., (May 7, 2024) — Raising speed limits on highways could lead to more crashes on nearby roads, according to new research by the AAA Foundation for Traffic Safety.

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Michigan to Host Global Delegation to Spotlight Success in Economic Development, Innovation and Technology for Americas Competitiveness Exchange (ACE) Visit

Michigan Business Network
May 6, 2024 3:00 PM

Michigan Economic Development Corporation to Host Weeklong Tour of State

WASHINGTON – About 70 senior-level government, business, policy and economic leaders from about 20 countries will visit sites throughout Michigan May 5-10, 2024, for the 18th Americas Competitiveness Exchange (ACE). The Michigan Economic Development Corporation (MEDC) will serve as host for this year’s event.

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LCC Announces 2024 Distinguished Alumni

Michigan Business Network
May 6, 2024 2:00 PM

Award to be presented at Sixty-Sixth Commencement ceremony 

LANSING Mich. Lansing Community College announces that Richard Peffley has been named the 2024 Distinguished Alumni. This award honors an outstanding alumnus who has excelled in their career and service to their community.

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US Department of Labor Recovers $190K in back Wages, Damages for 4 Employees Denied Minimum Wage,

Michigan Business Network
May 6, 2024 1:00 PM

overtime by Lansing group homes operator 

Employers:    Medhealth Suppliers & Providers Inc, operating as Evergreen Place, Evergreen Place 2

and Bedford Home, Lansing, Michigan

                        Roseline Rowan, owner                      

Action:            Consent order and judgement 

Court:             U.S. District Court for the Western District of Michigan, Southern Division 

Court action: On May 3, 2024, U.S. District judge Jane M. Beckering ordered Roseline Rowan, owner of  Medhealth Suppliers & Providers Inc., to pay $190,648 — $95,324 in back wages and an equal amount in liquidated damages to four employees after an investigation by the Wage and Hour Division found the employer violated the Fair Labor Standard Act’s minimum wage, overtime and recordkeeping provisions.

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Governor Whitmer Continues to Fix the Damn Roads

Michigan Business Network
May 6, 2024 9:00 AM

 with Projects Starting This Week in Three Counties  

LANSING, Mich.  Today, Governor Gretchen Whitmer announced that the Michigan Department of Transportation (MDOT) will begin road repair projects in two counties this week including resurfacing M-48 in Chippewa County, rebuilding US-131 in southern Kent County and M-20 improvements in Mecosta County. Based on economic modeling, these investments are expected to support 1,022 jobs.    

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AAA: May Brings Lower Gas Prices to Michigan

Michigan Business Network
May 6, 2024 7:00 AM

The Michigan state average is down 11 cents from last week

DEARBORN, Mich., (May 6, 2024) - Gas prices in Michigan are down 11 cents from a week ago. Michigan drivers are now paying an average of $3.60 per gallon for regular unleaded. This price is 4 cents more than this time last month and 19 cents more than this time last year.

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CAR | You're Invited - Driving Change: Trade, Policy, and the Future of Mobility

Michigan Business Network
May 3, 2024 4:00 PM

CAR asks you to join them on June 20th for our Industry Briefing - Driving Change: Trade, Policy, and Future of Mobility

CAR Industry Briefing

Driving Change: Trade, Policy, and the Future of Mobility

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PNC Chief Economist Gus Faucher: Slower But Still Solid Job Growth in April,

Michigan Business Network
May 3, 2024 1:00 PM

as Unemployment Rate Remains Historically Low

  • Job growth was slower but still solid in April at 175,000, with almost all of the growth coming from the private sector.
  • The unemployment rate rose slightly to 3.9% and has been below 4% for more than two years.
  • Wage growth slowed in April and was below 4% for the first time in more than three years.
  • The April jobs report supports fed funds rate cuts later this year.
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Consumers Energy Foundation Awards $50,000

Michigan Business Network
May 3, 2024 11:00 AM

 for Winners of the Put Your Town on the Map Competition

Thompsonville, Mich. Tuesday, April 30, 2024

The Consumers Energy Foundation announced the winners of the Put Your Town on the Map pitch competition today, with three Michigan communities winning a total of $50,000 to help complete projects that will strengthen economic development and grow their region.

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