Starbucks laying off more than 1,000 corporate employees

The move comes as dozens of other private companies have announced layoffs so far in 2025, in addition to thousands of positions being affected within the federal government.

Seva Detroit closing after more than a decade

Seva Detroit is closing Friday, citing financial struggles since the Covid pandemic.

Detroit food distributor closes, leading to 1500 jobs lost

A major food distributor in Detroit is shutting down after more than 50 years in business. The closure is already impacting local markets and grocery stores. But could this affect your budget?

Restaurants nervous as Michigan lawmakers debate paid sick time ahead of Friday deadline

While deals have been struck on the minimum wage and tipped wage rate, there is no final agreement for earned sick time. Unless one is achieved, the original wage law will kick in.

Detroit-based leather business ransacked by thieves with thousands stolen

A signed custom Pistons jersey, thousands in cash, laptops and more were stolen from a Detroit business that employs veterans and upcycles leather from automobiles.

Southwest Airlines to cut 15% of its workforce in its first-ever mass layoffs

The Dallas-based airline says its “workforce reductions" of 1,750 jobs will focus mainly on corporate overhead and leadership positions, including senior leadership and directors.

Denny’s to close more restaurants in 2025

Denny’s is set to close more locations in the U.S. than previously announced. Here's what to know.

Michigan tipped wages: Senate passes bill to change how much pay will increase

The Michigan Senate passed a bill that would change when tipped wages increase and by how much they will rise. The bipartisan legislation comes after restaurant owners and lawmakers expressed concerns about how businesses could be impacted.

Here are the stores that are closing in 2025

Several top retailers in the U.S. have closed their stores as the organizations attempt to adjust their business operations amid major changes in the industry.

CVS to close 270 more stores in 2025

CVS Pharmacy is continuing its nationwide store realignment, announcing plans to close an additional 270 locations this year as part of an effort to optimize its retail footprint.

Trump's tariffs could hit these states the hardest, analysis shows

A new analysis reveals which states could be most affected by Trump’s proposed tariffs on Canada, Mexico, and China, with key industries bracing for economic fallout.

Joann fabrics stores closing: Full list of 500 stores including many in Maryland, Virginia

Joann, the struggling fabric and crafts retailer, announced Wednesday it will close approximately 500 stores across the United States, including many in Maryland and Virginia. Here’s the full list.