Business
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Doug Luciani: New year, new opportunities
A new year is a good time to assess accomplishments, and to ponder the challenges that lie ahead. There are plenty of reasons to feel good about northern Michigan looking back at 2012. Despite the steep economic challenges in Michigan over the past decade, many regional economic indicators showed marked improvement.
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Sonic tells story of Detroit comeback
When the word reached the Orion Assembly Plant, it spread along the serpentine assembly line like news of a death or natural disaster: General Motors, the biggest automaker in the world, had filed for bankruptcy protection.
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Business in brief: 01/06/13
Business in brief: 01/06/13
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Business memoranda: 01/06/2013
Business memoranda: 01/06/2013
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Snow a welcome sight for farmers
As Michigan farmers look to the New Year and growing season ahead, recent snows encourage optimism.
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Ag Forum: Weather challenges
Michigan State University will hold the second annual Integrated Pest Management Academy Feb. 19-20 at the Okemos Conference Center near Lansing.
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Futures File: OJ prices fall
Orange juice prices fell this week as better weather across Florida increased hopes for a robust orange crop this year.
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Farm Focus in Brief: 01/05/2013
Ag census under way; Winery ownership; Farmland protection.
Continued ... - Friday, January 4, 2013
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Vehicle sales up in 2012
A steadily improving economy and strong December sales lifted the American auto industry to its best performance in five years in 2012, especially for Volkswagen and Japanese-brand vehicles, and experts say the next year should be even better.
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Building Permits: 01/04/2013
Building permits issued in Grand Traverse County:
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Unemployment stays low in December
The U.S. job market showed resilience in three reports Thursday, suggesting it may able to withstand a federal budget battle that threatens more economic uncertainty in coming months.
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With eye on China, Hormel buys Skippy
Hormel Foods apparently has a hankering for a peanut butter and bacon sandwich. The company primarily known for Spam and other cured, smoked and deli meats said Thursday that it's buying Skippy, the country's No. 2 peanut butter brand, in its biggest-ever acquisition.
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Subaru recalls cars, SUVs for fire problem
Subaru is recalling nearly 634,000 cars and SUVs in the U.S. because lights beneath the doors can overheat and catch fire.
Continued ... - Thursday, January 3, 2013
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Forecast: Auto sales could lead recovery
A healthier economy and more model introductions should push U.S. auto sales above the 15 million mark this year, predicts an auto industry research firm.
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Delay made oil spill worse
Delays in Exxon Mobil Corp.'s response to a major pipeline break beneath Montana's Yellowstone River made an oil spill far worse than it otherwise would have been, federal regulators said in a new report.
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Traverse City businesses swap shops
The Cherry Stop in downtown Traverse City is changing its name and trading places with the business next door.
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Google chairman plans to visit N. Korea
Google's executive chairman is preparing to travel to one of the last frontiers of cyberspace: North Korea.
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Avis buying Zipcar in deal worth $500M
Avis is leaping into the car-sharing service business by buying Zipcar for $491.2 million, aiming to capture a new type of customer and technology that will vastly expand its car rental options.
Continued ... - Wednesday, January 2, 2013
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UPDATE: Northwestern Bank president to retire
The largest independent bank in northwest Michigan will have new leadership after its longtime president and CEO announced his retirement.
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Calcutt to step down from Northwestern Bank
Harry “Scrub” Calcutt will step down as president and CEO of Northwestern Bank sometime this month.
Continued ... - Tuesday, January 1, 2013
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Tribune Co. leaves bankruptcy
Tribune Co. emerged from a Chapter 11 restructuring Monday, more than four years after the media company sought bankruptcy protection.
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New hotel on Mackinac Island to open
Operators of a new Mackinac Island hotel are expected to begin accepting online room reservations soon.
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Minimum wage gap widens
With a bump in the minimum wage to $9.19 an hour on Tuesday, high school student Miranda Olson will edge closer to her goal of purchasing that black Volkswagen Beetle she's been researching online.
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Deal reached for stopping projected spike in milk prices
The top leaders in both parties on the House and Senate Agriculture committees have agreed to a one-year extension of the 2008 farm bill that expired in October, a move that could head off a possible doubling of milk prices next month.
Continued ... - Sunday, December 30, 2012
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TC Chamber, Northern Initiatives partner for business loan
Financing options weren't plentiful when Grand Traverse Analytical looked to refinance its building at 830 Robinwood Court last winter. Enter two resources: the Traverse City Chamber of Commerce Foundation Development Fund and Northern Initiatives. Each entity provided $90,200 in their first loan partnership, and Grand Traverse Analytical obtained the money it needed to pay off the land contract.
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Doug Luciani: New year, new opportunities