News & Fun in Michigan
We offer a glimpse of some unique small Michigan business shops, bars, art studios, restaurants, farm markets, and manufacturers. We adhere to the buy-local philosophy whenever possible. Sometimes, we may offer locally produced products and services via Amazon.
Here are some of our best stories.
Delta Air Lines, the dominant carrier at Detroit Metro Airport and throughout Michigan, announces record 2024 revenue and outlines plans for historic 2025 performance. 2024 Financial Results Showcase Delta’s Resilience Delta Air Lines (NYSE: DAL), the largest airline operating at Detroit …
Michigan’s economy is booming, with projected revenues increasing by $1.68 billion for FY 2025 and 2026. Key factors include low unemployment, high labor participation, and significant GDP growth. Governor Whitmer plans to outline strategies for sustaining this economic momentum at the upcoming Detroit Auto Show.
From 2000 to 2020, Michigan’s state-backed job programs severely underperformed, delivering only 9% of promised jobs. While billions in subsidies were allocated to businesses, many failed to create any positions, leading to skepticism about the effectiveness and accountability of these initiatives and their political motivations.
Lord & Taylor, the oldest U.S. department store, will relaunch in 2025 after closing in 2021. Acquired by Regal Brands Global, the brand will focus on e-commerce, emphasizing quality home goods and apparel. While avoiding physical stores initially, it explores pop-up concepts, aiming to connect with middle-market consumers amid a competitive retail landscape.
CHI-CHI’S™, the iconic Mexican restaurant chain, is set to reopen in 2025 under the leadership of Michael McDermott, son of co-founder Marno McDermott. The revival, in partnership with Hormel Foods, aims to modernize the dining experience while preserving the restaurant’s classic flavors and nostalgic legacy.
General Motors is selling its stake in the Ultium Cells battery plant in Lansing, Michigan, to LG Energy Solution, enabling LG to gain operational control while GM keeps ownership in the joint venture. This aims to improve efficiency and support GM’s expanding electric vehicle production.
Carlos Tavares has resigned as Stellantis CEO due to strategic disagreements with the board, leading to an interim committee led by John Elkann. The company seeks a permanent replacement by mid-2025, amidst ongoing commitments to its financial guidance and strategic initiatives despite leadership upheaval.
Domino’s Pizza shareholders take legal action, alleging false statements about business growth forecasts and financial prospects. Domino’s Shareholders Seek Accountability Amid Growth Challenges In a significant legal development, a class action lawsuit has been filed against Domino’s Pizza, Inc. (NYSE: DPZ) …
