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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Beloved Burger Chain Shutters 140 Stores, Including Those In Michigan, Amid Nationwide Restructuring

Wendy’s will close 140 underperforming locations nationwide, including some in Michigan, as part of a strategic effort to modernize the brand. The company plans to open 250 to 300 new restaurants globally while addressing employee and customer concerns about these closures.

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Michigan’s Surprising Leap Into Top 10 Business Rankings – What’s Behind It?

Michigan has risen to No. 10 in Site Selection’s 2024 Business Climate Rankings, up from No. 20 in 2022. This advancement is largely attributed to the ‘Make It in Michigan’ initiative, aimed at fostering job creation and enhancing local communities. The state is recognized for its business-friendly environment and continued economic development efforts.

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Michigan’s Getting Sheetz Done: New Stores Coming Soon

Sheetz is expanding in Michigan with new stores in Ypsilanti and Eastpointe, enhancing the local convenience store market. Their 24/7 service, custom food options, and competitive pricing are winning over consumers. The expansion is expected to create jobs and stimulate local economies while positioning Sheetz as a strong competitor against established brands.

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Consumers Energy Fuels Michigan EV Future with 500 Workplace Charging Sites Planned

Consumers Energy is launching an EV workplace charging initiative to install over 500 charging stations across Michigan by 2030. Offering a $7,500 rebate for businesses, this program aims to enhance EV infrastructure and meet growing demand, supporting the state’s transition to a cleaner, sustainable energy future while promoting EV adoption.

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