Thumb Bank Completes Landmark Merger with Freeland State Bank

Thumb Bancorp has completed its merger with Freeland State Bank, effective November 15, 2024. This strategic move enhances Thumb Bank & Trust’s services and boosts its assets to approximately $650 million. The merger will improve service offerings for customers while maintaining a commitment to community-driven banking across Michigan.

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Stellantis Unveils Multi-Energy STLA Frame Platform, Offering Best-in-Class 690 mile EV Range and Performance

The Detroit automaker’s latest innovation promises 690-mile extended range and exceptional towing and payload capabilities for full-size trucks and SUVs. STLA Frame: A Game-Changer for Electric Trucks and SUVs Stellantis N.V., the parent company of Jeep® and Ram, has unveiled its …

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Forget Gas Stations—Your Local Meijer Is Looking To Be The New EV Charging Hub In Michigan

EVgo and Meijer team up to bring up to 480 fast-charging stalls to Midwest grocery stores, fueling Michigan’s EV charging hub revolution with a sustainable future in mind. Michigan’s Grocery Stores to Host EV Fast Charging Revolution EVgo Inc., one of …

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Is $25/Hour the New Norm? Bank of America’s Big Wage Move Shakes Industry in Michigan

Bank of America has increased its minimum hourly wage to $24, aiming for $25 by 2025, thus raising full-time salaries to nearly $50,000 annually. This move enhances employee financial security and work-life quality, promoting competitive pay in the industry. The increase may influence other employers amid rising living costs, especially in Michigan.

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Ford Faces $165M NHTSA Penalty, Second-Biggest in History, Over Rearview Camera Recall Delays

Ford faces $165 million penalty from NHTSA for recall delays and compliance failures, marking the second-largest fine in the agency’s history. NHTSA Hits Ford with Major Penalty for Recall Failures WASHINGTON, D.C. — The National Highway Traffic Safety Administration (NHTSA) announced …

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Michigan Minimum Wage War – Bipartisan Bills Seek to Shield Businesses from Court Ordered Pay Rate Increases

State Representative Graham Filler proposes new legislation to protect local businesses from Michigan minimum wage hikes and sick leave mandates set to take effect in 2025. Bipartisan Bills Aim to Temper Supreme Court-Mandated Wage Increases State Rep. Graham Filler, R-Duplain Township, …

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American Freight Goes Under: Michigan Stores Closing as Part of Bankruptcy

American Freight, the discount retailer known for furniture, mattresses, and home appliances, will permanently shutter all its Michigan locations as parent company Franchise Group Inc. files for Chapter 11 bankruptcy. The closures, part of a wider downsizing, could leave both employees …

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