For Friday April 3, 2020:
The March jobs report was much worse than expected. The U.S. economy lost 701,000 jobs over the month, the biggest one-month drop in employment in exactly 11 years. The consensus was for a drop in employment of 100,000. There were enormous job losses of 459,000 in leisure/hospitality services (restaurants and hotels), but employment fell in most industries over the month.
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To find out what the business community can expect from the Corona Virus and its effects on our economy, Chris Holman spent some time with the man who keeps a close eye on Michigan’s economy, Professor Charles Ballard Phd, Department of Economics at MSU. In the interview, Dr. Ballard explains that not only does the outbreak have serious health implications but also serious economic outcomes.
The COVID-19 outbreak has hit five countries that make up one-quarter of global GDP: China, Japan, South Korea, Italy and Iran.
In this interview (recorded Thursday March 5th) Jeffrey Mosher speaks with PNC VP and Senior Economist Bill Adams based out of Toledo, OH.
from news release:
Neogen Corp. in Lansing, which develops and markets products dedicated to food and animal safety, has acquired Abtek Biologicals Ltd., a developer and supplier of culture media supplements and microbiology technologies in the United Kingdom. Terms of the agreement were not disclosed.
LANSING, MI – On Saturday Morning, February 1st 2020, Wade Tong of Michigan Business Network was on hand for a tour of the Lansing Community College Aviation Technology Center. In attendance were group members of the MSU China Entrepreneur Network and students (freshmen to senior), all of which are from China.
Part of FCA’s plans involve converting two Michigan-based plants into the future assembly site for the next-generation Jeep® Grand Cherokee, as well as an all-new three-row full-size Jeep SUV and plug-in hybrid (PHEV) models.
Hosted by Jade Sims, this segment of the globalEDGE Business Beat is an interview with Paul Jarzombek, Chief Operating Officer at LR International. Paul and Jade discuss common concerns for companies new to international shipping, including the new INCOTERMS 2020 and why it’s important to have a great relationship with your freight forwarder.
Hosted by Jade Sims, this segment of the globalEDGE Business Beat is an interview with Noel Nevshehir, Director of International Business Services and Industry 4.0 Strategic Partnerships at Automation Alley.
Hosted by Jade Sims, this segment of the globalEDGE Business Beat is an interview with Alyssa Tracey, Director of the award-winning International Trade Program at the Michigan Economic Development Corporation (MEDC).
