Michigan economy

WK Kellogg Co. Set for Major Acquisition by Ferrero SpA

News Summary WK Kellogg Co., based in Battle Creek, Michigan, is poised to be acquired by Italian confectionery company Ferrero…

3 weeks ago

Ferrero Acquires WK Kellogg for $3.1 Billion

News Summary Ferrero Group has announced a $3.1 billion acquisition of WK Kellogg Company, set to complete in 2025, pending…

3 weeks ago

Michigan Hospitals Voice Concerns Over Proposed Medicaid Cuts

News Summary Northern Michigan hospitals are raising alarms over proposed Medicaid cuts that could significantly reduce funding. With 25% of…

3 weeks ago

Michigan Wineries Win $50 Million in Federal Court Ruling

News Summary Eleven wineries from the Old Mission Peninsula Wine Trail in Michigan have successfully challenged local regulations in federal…

3 weeks ago

TerrAscend to Exit Michigan Marijuana Market by 2025

News Summary TerrAscend Corp announced its complete withdrawal from the Michigan marijuana market by the end of 2025, closing 20…

4 weeks ago

TerrAscend to Close Marijuana Operations in Michigan by 2025

News Summary TerrAscend Corp. plans to shut down its marijuana operations in Michigan by September 2025, affecting around 20 dispensaries…

4 weeks ago

Michigan and Ohio Auto Industry Faces Major Challenges

News Summary The auto industry in Michigan and Ohio is experiencing significant upheaval as unemployment rates soar. Factors such as…

4 weeks ago

U.S. House Passes Trump’s Major Tax and Spending Bill

News Summary The U.S. House of Representatives has passed President Trump's tax and spending bill, known as the 'One Big…

4 weeks ago

Michigan Sees Increase in Unemployment Claims Despite National Decline

News Summary Initial unemployment claims in Michigan have surged to 6,748, marking a troubling trend amidst a decline nationwide. This…

4 weeks ago