DETROIT - For years, state-legal cannabis companies operated under a unique federal tax penalty that prevented them from deducting ordinary business expenses such as payroll, rent, marketing and utilities. That changed in April when the U.S. Department of Justice moved federally recognized medical cannabis from Schedule I to Schedule III, potentially saving cannabis businesses billions
LANSING — If your summer vacation seems more expensive, your favorite restaurant raises prices again, or that long-delayed home repair costs more than expected, Michigan small businesses say rising costs are increasingly forcing them to pass those expenses on to customers. A new survey from the National Federation of Independent Business (NFIB) found small business
DETROIT – Spirit Airlines carried more than 1.7 million passengers through Detroit Metropolitan Airport last year, making it the airport's second-largest carrier behind Delta Air Lines. Now the discount carrier is gone. The airline's collapse leaves a major hole in Detroit's air travel market and raises questions about whether Michigan travelers will ultimately pay more
ANN ARBOR – A typical Michigan household could pay up to $3,000 more this year for everyday expenses, making everything from grocery shopping and utility bills to summer vacations significantly more expensive as inflation surged to its highest level in three years. New federal data released Wednesday showed consumer prices rising 4.2 percent over the
DETROIT — Veteran automotive journalist Paul Eisenstein, joins MITech TV to break down some of the biggest developments reshaping the global auto industry and what they could mean for Michigan automakers, suppliers and consumers. Among the topics discussed: Why Battery Electric Vehicle sales are rebounding after a challenging 2025 and what that means for automakers
GRAND RAPIDS – As artificial intelligence reshapes industries, cyberattacks become more sophisticated, and the digital gaming industry continues its explosive growth, colleges across Michigan are rethinking how they prepare students for the jobs of the future. Aquinas College is the latest institution to adapt, announcing three new technology-focused majors that will launch in Fall 2026:
State projects tens of thousands of skilled trades openings as data centers, power projects and manufacturing expansions compete for workers LANSING — Michigan leaders want the state to become a major player in the artificial intelligence economy. Developers are proposing massive data centers. Utilities are planning billions of dollars in grid upgrades. The Palisades nuclear
"Michigan entrepreneur Terry Bean explains why behavior—not personality—is the key to improving communication, reducing conflict, and building high-performing teams." DETROIT – Most workplace assessments tell people who they are. Terry Bean believes the more important question is who they want to become. Bean, a longtime Michigan entrepreneur and social media strategist, is the CEO of
ANN ARBOR — Congress is moving closer to approving restrictions that could reshape a hemp-derived cannabinoid market worth billions of dollars annually and potentially remove thousands of products from store shelves across Michigan, Ohio and the rest of the United States. The proposed crackdown would not only affect popular products such as THCA flower, Delta-8
DETROIT— Millions of Americans plan to travel with their pets this summer, but the Transportation Security Administration is reminding travelers that one common mistake at airport security could lead to delays, confusion and potentially a frightened animal. The warning is simple: when going through airport security, your pet must come out of its carrier. The
