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MBN Blog

Michigan Business Beat - Lorri Rishar - EDGE Partnership - It's About Recognition for the Causes

Michigan Business Beat
March 20, 2023 5:00 PM

Jeffrey Mosher welcomes back Lorri Rishar, MBA, Owner & CEO, EDGE Partnerships, Lansing, Marquette, MI, Chicago, IL

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MEDC | 150 New Good-Paying Jobs Coming to Kalamazoo, Auburn Hills, Owosso

Michigan Business Network
March 20, 2023 4:00 PM

LANSING, Mich. – Thursday, Governor Gretchen Whitmer joined the Michigan Economic Development Corporation (MEDC) to announce three business expansion projects expected to create a total of 150 new jobs and generate a total private investment of $30.4 million have received support from the Michigan Strategic Fund. The projects are in Kalamazoo, Auburn Hills and Owosso.

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Lansing Community College is back Online

Michigan Business Network
March 20, 2023 3:00 PM

Most operations have been securely restored

Lansing, Mich. [March 20, 2023] – Last week, LCC detected suspicious activity in our network environment. We notified state and federal law enforcement and disconnected our servers and internet from the outside world as a precaution to protect our systems and prevent damage.

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Liberty Coin Service Alerts Public To Risks Of Sudden Huge Expansion Of Federal Reserve Bank Assets

Dollars and Sense
March 20, 2023 2:00 PM

Liberty Coin Service today issued a public alert about the financial risks of the Federal Reserve Bank’s inflation of its balance sheet from March 8 to March 15 by $297 billion (3.56%).  As recently as February 1, 2023, the Fed announced that its monetary policy was to reduce its balance sheet by $95 billion per month through reductions in its holdings of Treasury securities and mortgage-backed securities.

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Michigan Business Beat | Kurt J. Rankin - PNC Shares its Spring Economic Outlook Survey

Michigan Business Beat
March 20, 2023 1:00 PM

Jeffrey Mosher welcomes back Kurt J. Rankin vice president and senior economist for The PNC Financial Services Group, Pittsburgh, PA

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LEO | Gov. Whitmer Awards $3 Million to Help Under-Represented Youth Build Brighter Futures in Michigan

Michigan Business Network
March 20, 2023 12:00 PM

Young Professionals initiative offers meaningful introduction to the world of work, including career exploration, jobs skills and earned income

LANSING, Mich. — Today, Governor Gretchen Whitmer and the Michigan Department of Labor and Economic Opportunity (LEO) announced the recipients of Young Professionals grants totaling $3 million to provide under-represented young residents with a meaningful introduction to the world of work, including on-site, hybrid and virtual career exploration and preparation activities, jobs skills and earned income.

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Lansing BWL, Community Partners to Hold Community Resource Fair

Michigan Business Network
March 20, 2023 11:00 AM

 

The Lansing Board of Water & Light (BWL) and more than a dozen nonprofit organizations and community partners will host a Community Resource Fair tomorrow, Tuesday, March 21 from 2-7 pm at the Alfreda Schmidt Community Center, 5825 Wise Rd., Lansing. The fair is designed to help connect BWL residential customers and greater Lansing residents behind on their bills to information on resources and financial assistance per available funding and eligibility.

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Clark Schaefer Hackett | Updated Credit Loss (CECL) Reporting Rules

Michigan Business Network
March 20, 2023 10:00 AM

Impacts of Adopting New CECL Rules

The implementation deadline for the credit loss rules, combined with the possibility of a recession, is expected to lead to a surge in credit losses among smaller financial institutions in 2023. In turn, a buildup of credit loss reserves is likely to impair earnings. Hear more from CSH experts, Eric Hanson and David Klopfer.

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Peters, Bipartisan Group of Senators Push for Transition to PFAS-Free Firefighting Foam at Airports

Michigan Business Network
March 20, 2023 9:00 AM

Bipartisan Letter Urges Federal Aviation Administration to Release Transition Plan to Safe PFAS Alternatives, Minimize Exposure in Surrounding Communities

WASHINGTON, D.C. – U.S. Senator Gary Peters (D-MI) joined Senators Tammy Baldwin (D-WI), Shelley Moore Capito (R-WV), and Jerry Moran (R-KS) in a bipartisan push, calling on the Federal Aviation Administration (FAA) to expedite a plan to transition to firefighting foams that do not contain per- and polyfluoroalkyl substances (PFAS), an emerging contaminant that has been found in drinking water across the country, often in proximity to airports.

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MEDC | Tawas City Achieves “Essentials” Status in MEDC’s Redevelopment Ready Communities Program

Michigan Business Network
March 20, 2023 8:00 AM

Designation signals communities have identified redevelopment goals, created a master plan for the future

LANSING, Mich. – For its efforts in establishing a more streamlined development process and overall community development vision, Tawas City achieved the Redevelopment Ready Communities (RRC) Essentials designation under the new RRC 2.0 framework, the Michigan Economic Development Corporation announced today.

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