Amazon closes $8.45B MGM studio acquisition
Amazon has closed its $8.45 billion acquisition of MGM Studios as it looks to boost its streaming service in competition with Netflix and Disney.
Netflix to launch test that requires subscribers to pay for users outside household
Netflix says it is testing a new feature for its members in Chile, Costa Rica and Peru, requiring users to add “sub accounts” for up to two people they don’t live with — and it will come at a cost.
Cadillac’s 1st all-electric Lyriq SUV to begin production in March, GM says
General Motors will begin production of the all-electric 2023 Cadillac Lyriq midsize SUV, the brand’s first electric vehicle, in March as planned and the company hopes to start making deliveries over the next few months.
Billionaire supermarket CEO: Buy now, food inflation will only get much worse
John Catsimatidis says food prices could increase 20% by summer.
List of Russian goods that are banned, boycotted in US
Russia’s invasion of Ukraine has prompted sanctions, boycotts and limited access to social media platforms by the U.S.
Dollar General creating 10,000 new jobs in 2022
Discount retail chain Dollar General plans on hiring another 10,000 workers by the end of the fiscal year as it continues expanding.
Biden announces $54M Siemens investment, planned US factory jobs
President Biden joined the CEO of Siemens USA to announce a $54M investment to produce equipment for electrical infrastructure, creating 300 more jobs at California and Texas sites.
Burger King reduces chicken nugget count from 10 to 8
According to MarketWatch, inflation is the reason customers will see fewer chicken nuggets on their plates.
Louisiana Creole Gumbo in Detroit's Eastern market forced out by landlord after 50 years
After more than 50 years, Louisiana Creole Gumbo in Detroit is being forced to close its original location after the landlord opted to sell the building.
Trucker shortage combined with Canadian protests a 'crisis on top of a crisis' for supply chain
"They are not anti-vaccine, they are not anti-safety, they spend 90 percent of their time in their cabs," said Mickey Blashfield. "And this seems to be the line in the sand."
'I understand why, but it makes it harder on us': Canadian trucker talks lost time, money
"People feel like the government doesn’t listen to them for two years," Allen said. "And they see things opening up down here and they go home and there’s all these restrictions still."
Lack of bakery supply stores in Detroit leads couple to open Crummy's Cake Supply and Studio
A couple is opening Crummy's Cake Supply and Studio because they said bakers have to go to the suburbs to get their supplies.
Peloton CEO steps down, company to cut 2,800 jobs globally
Peloton co-founder and CEO John Foley is stepping down and the company is cutting 2,800 jobs worldwide, including 20% of its corporate workforce.
Personal loan rates plunge, continuing downward trend
The latest trends in interest rates for personal loans from the Credible marketplace, updated weekly.
Spirit Airlines and Frontier Airlines to merge, creating nation's 5th largest carrier
Frontier Airlines and Spirit Airlines announced a merger to create the fifth-largest U.S. airline. The news made Spirit Airlines stock soar on Wall Street.
Owners of Plymouth's longtime candy store Kemnitz looking for new stewards of business as they close up shop
It may not be the end of the story for the candy store. Cindy and Everett Smith are hoping to find new stewards for the classic sweets business, which has been in operation since the 1950s.
3 longtime Downtown Plymouth businesses closing soon
Three Downtown Plymouth businesses -- Wiltse’s Pharmacy, Kemnitz Fine Candies, and Delta Diamond Setters & Jewelers -- are closing.
Starbucks to raise menu prices to offset inflation
The Seattle-based coffee franchise had already raised prices — once in October 2021 and December 2021 — but inflation woes and labor issues have forced the company to hike prices once again.
US housing less affordable than any point in over a decade, ATTOM report shows
Home prices are surging, making homeownership less affordable as wages fail to keep up. However, new data from ATTOM Data Solutions shows most wage earners can still afford to buy a home.
Michigan ice cream shop to be on episode of 'Undercover Boss'
The company's CEO, Linda Chadwick said she wanted to modernize the business, but needed a closer look to see if the improvements were working.