News Summary Onyx Partners Ltd., a Boston-based private equity firm, has announced its acquisition of 119 JCPenney stores for $947 million. The all-cash deal, set
News Summary Six JCPenney stores in Michigan are set to be sold as part of a $947 million deal involving 119 properties, finalized by Onyx
News Summary Michigan Governor Gretchen Whitmer has unveiled $1.49 million in grants for 63 local businesses under the state’s ‘Match on Main’ program. This initiative
News Summary The planned $55 billion semiconductor manufacturing facility by SanDisk in Mundy Township, Michigan, has been canceled due to significant uncertainty surrounding federal economic
News Summary Black homeownership in Michigan faces significant challenges, with mortgage denial rates exceeding 20% for Black applicants in Grand Rapids and Detroit. A recent
News Summary Michigan is witnessing notable demographic shifts in 2025, with residents relocating mainly within the Midwest and a surprising influx into Detroit. U-Haul’s analysis
News Summary A report from the National Low Income Housing Coalition highlights a growing housing crisis for Michigan renters, with the income needed for a
News Summary Nearly 48,000 Michiganders are set to receive $34 million in retroactive unemployment payments following a review by the Michigan Unemployment Insurance Agency. The
News Summary Michigan’s marijuana market is experiencing a downturn, with sales dropping by 4.2% statewide in June, following a period of growth since legalization. The
News Summary In a pivotal move, Michigan Governor Gretchen Whitmer signed a law providing nearly 48,000 residents with retroactive unemployment payments totaling about $34 million.
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