News

Michigan Businesses Brace for Fuel Price Surge as Strait of Hormuz Crisis Disrupts Global Oil

ANN ARBOR — A sudden escalation in Middle East tensions is rippling through the global economy, and Michigan businesses may soon feel the impact in the form of higher fuel costs, rising prices, and renewed pressure on supply chains. The flashpoint is the Strait of Hormuz, a narrow shipping corridor that handles roughly one-fifth of

By |2026-04-16T18:00:45-04:00April 12th, 2026|Government/Politics, News|

Michigan Cannabis Shakeout: Falling Prices Are Reshaping the Market

ANN ARBOR - Michigan’s cannabis industry continues to sell more product—but at lower prices. That dynamic is beginning to reshape the competitive landscape, as operators across the state adjust to a market defined less by rapid growth and more by price compression, efficiency, and differentiation. Data from the Michigan Cannabis Regulatory Agency shows that while

By |2026-04-15T12:36:41-04:00April 11th, 2026|Featured, Marijuana Business, News|

Federal Cyber Warning Hits Close to Home: Why Michigan’s Power Grid—and Aging Infrastructure—Are in Focus

WASHINGTON DC - Federal cybersecurity agencies are warning that Iranian-linked hackers are actively targeting U.S. critical infrastructure—but in Michigan, the implications go beyond abstract cyber threats. The warning, issued jointly by federal agencies including the FBI, NSA and Department of Energy, highlights ongoing efforts to probe vulnerabilities in energy systems, water facilities and other industrial

By |2026-04-16T18:00:50-04:00April 10th, 2026|Cyber Defense, News|

How Much Costs Are Rising for Michigan Businesses—By Industry

ANN ARBOR - Michigan businesses aren’t just feeling economic pressure—they’re seeing it clearly on their balance sheets. In a previous report, MITechNews detailed how companies across the state are facing a “triple threat” of rising fuel costs, tariffs, and new taxes converging at once. That broader trend is now translating into real, measurable cost increases

By |2026-04-10T15:11:48-04:00April 10th, 2026|News|

Who’s Responsible If A Dam Fails? Michigan Regulators Reject Consumers Plan To Sell 13 Dams For $1 Each

LANSING — A growing battle over the future of 13 aging Michigan dams escalated this week as the Michigan Natural Resources Commission moved to oppose Consumers Energy’s plan to sell the structures, raising serious concerns about long-term safety, oversight, and financial responsibility. The vote adds new pressure to an already controversial proposal that would transfer

By |2026-04-09T17:39:51-04:00April 9th, 2026|ESD, Government/Politics, News|

Michigan Businesses Hit by ‘Triple Threat’: Fuel, Tariffs, and Taxes Collide

ANN ARBOR - Michigan businesses—from auto suppliers and logistics firms to restaurants and cannabis operators—are facing a converging wave of cost pressures that could slow hiring, delay expansion, and squeeze already thin margins. The challenge isn’t coming from one direction. It’s coming from three at once: Rising fuel and energy costs Global tariffs and supply

By |2026-04-09T12:01:02-04:00April 9th, 2026|News|

AI Startup Wins $1M Grand Prize as Michigan Competition Highlights State’s Innovation Shift

LANSING - A statewide startup competition that drew 375 applications from more than 100 Michigan communities has crowned its overall winner—signaling where the state’s innovation economy is heading next. Adrenaline Interactive was named the grand prize winner April 7, taking home $1 million for its artificial intelligence-driven platform that embeds branded content directly into video

By |2026-04-08T15:09:00-04:00April 8th, 2026|Artificial Intelligence, Entrepreneurs, News|

Ohio Hemp Ban Blocked as Judge Calls Law ‘Discriminatory’—Cannabis Industry Clash Heads to Court

COLUMBUS - An Ohio judge has temporarily halted enforcement of the state’s new ban on intoxicating hemp products, escalating a legal battle that could reshape the future of hemp-derived THC markets—not just in Ohio, but across the Midwest. In a March 24 ruling, Sandusky County Common Pleas Court Judge Jeremiah Ray issued a temporary restraining

By |2026-04-08T13:25:46-04:00April 8th, 2026|Hemp, Marijuana Business, News|

America’s Retirement System Faces a Hidden Risk: The Workers Paying In—but Never Cashing Out

ANN ARBOR - For decades, America’s retirement system has depended on a simple equation: workers pay in, retirees draw out. But new data suggests that equation may be more fragile—and more politically charged—than most Americans realize. In 2022 alone, undocumented immigrants contributed an estimated $22.6 billion to Social Security and $5.7 billion to Medicare, according

By |2026-04-07T16:57:47-04:00April 7th, 2026|News, Politics, Politics/Government|