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Economics

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'Vacc to Normal': Whitmer ties easing of restrictions to Michigan's COVID-19 vaccination rate
'Vacc to Normal': Whitmer ties easing of restrictions to Michigan's COVID-19 vaccination rate
LANSING — Gov. Gretchen Whitmer on Thursday announced a plan to tie the lifting of coronavirus pandemic restrictions to Michigan's vaccination rate, meaning in-office work restrictions are likely to ease before the end of May. Whitmer outlined four specific benchmarks that must be reached to…
derek68·crainsdetroit.com·
'Vacc to Normal': Whitmer ties easing of restrictions to Michigan's COVID-19 vaccination rate
Michigan House: Give unemployed $1,000 if they find job
Michigan House: Give unemployed $1,000 if they find job
LANSING — Unemployed people who find a job would get $1,000 as part of $12.7 billion in proposed COVID-19 relief spending that began advancing in the Michigan Legislature on Wednesday.The "return to work" grants would cover up to 400,000 residents. They are included in supplemental budget…
derek68·crainsdetroit.com·
Michigan House: Give unemployed $1,000 if they find job
Detroit to give $50 debit cards to 'Good Neighbors' to help boost lagging COVID-19 vaccination rate
Detroit to give $50 debit cards to 'Good Neighbors' to help boost lagging COVID-19 vaccination rate
Detroit, with a still-lagging COVID-19 vaccination rate, is taking its "Good Neighbor" strategy up a notch.The city, starting Monday, is offering $50 MasterCard debit gift cards to anyone who drives a Detroiter to their vaccination appointment at TCF Center's drive-through site. The Good Neighbor…
derek68·crainsdetroit.com·
Detroit to give $50 debit cards to 'Good Neighbors' to help boost lagging COVID-19 vaccination rate
Domino's brings back one of advertising's stranger mascots: the 1980s-era Noid
Domino's brings back one of advertising's stranger mascots: the 1980s-era Noid
The Noid is back. And it's gotten a makeover.Ann Arbor-based Domino's Pizza has brought back its red-suited, long-eared villain from the late 80s in a campaign that hypes its new driverless pizza delivery.In a nostalgia-meets-the-future approach, the Noid is returning to TV ads. And that's not the…
derek68·crainsdetroit.com·
Domino's brings back one of advertising's stranger mascots: the 1980s-era Noid
Ante rises in fight for workers
Ante rises in fight for workers
Potential jobs candidates are met by a 7-foot robot of embossed steel, aluminum and plastic upon entering industrial automation and light assembly firm Morrell Group. A soldier, of sorts, reminiscent of the red-armored Master Chief from the popular Xbox video game Halo. But instead of battling for…
derek68·crainsdetroit.com·
Ante rises in fight for workers
What is an Exchange-Traded Fund (ETF)? - Robinhood
What is an Exchange-Traded Fund (ETF)? - Robinhood
Some people want stock in exactly one company. Others want stock in one *type* of company. ETFs are for the latter — each ETF is made up of several investments in different underlying stocks or other securities.
derek68·learn.robinhood.com·
What is an Exchange-Traded Fund (ETF)? - Robinhood
Commentary: Costs of the Pause are all too easy to see
Commentary: Costs of the Pause are all too easy to see
While the full ramifications of Gov. Gretchen Whitmer's pandemic policies remain unknown, it is possible to estimate some of the costs. Recent employment data from the federal government shows that the second lockdown that started in November, the "Pause to Save Lives," led to significant job…
derek68·crainsdetroit.com·
Commentary: Costs of the Pause are all too easy to see
'We'll be out of business': Home care agencies lobbying to scrap 55% cap on care for injured drivers
'We'll be out of business': Home care agencies lobbying to scrap 55% cap on care for injured drivers
The only thing separating Kelley Miller from living in a nursing home is a registered nurse and aide caring for her around-the-clock inside the 54-year-old quadriplegic woman's home in the mid-Michigan village of Mulliken. Paralyzed from the neck down in a 2011 car accident, Miller relies on a…
derek68·crainsdetroit.com·
'We'll be out of business': Home care agencies lobbying to scrap 55% cap on care for injured drivers
Indian hospitals plead for oxygen, country sets virus record
Indian hospitals plead for oxygen, country sets virus record
NEW DELHI (AP) — India put oxygen tankers on special express trains as major hospitals in New Delhi begged on social media on Friday for more supplies to save COVID-19 patients who are struggling to breathe. More than a dozen people died when an oxygen-fed fire ripped through a coronavirus ward in a populous western state. India’s underfunded health system is tattering as the world’s worst coronavirus surge wears out the nation, which set a global record in daily infections for a second straight day with 332,730. India has confirmed 16 million cases so far, second only to the United States in a country of nearly 1.4 billion people. India has recorded 2,263 deaths in the past 24 hours for a total of 186,920.
derek68·apnews.com·
Indian hospitals plead for oxygen, country sets virus record
Ford CEO Farley calls chip shortage ‘greatest supply shock'
Ford CEO Farley calls chip shortage ‘greatest supply shock'
Ford Motor Co. CEO Jim Farley said the worsening semiconductor shortage has prompted "perhaps the greatest supply shock" he's ever seen, as auto dealer lots dry up and the company juggles production shutdowns across the globe. Speaking to Automotive News Group Publisher KC Crain as part of…
derek68·crainsdetroit.com·
Ford CEO Farley calls chip shortage ‘greatest supply shock'
Jobless claims rise in Michigan, likely linked to chip shortages
Jobless claims rise in Michigan, likely linked to chip shortages
Despite new U.S. jobless claims reaching the lowest point since the pandemic began more than a year ago, claims in Michigan rose last week. For the week ending April 17 in Michigan, 21,861 filed new unemployment claims, up from 16,470 the week prior. Nationally, 547,000 filed new claims last…
derek68·crainsdetroit.com·
Jobless claims rise in Michigan, likely linked to chip shortages
US aid lifts Southwest to Q1 profit, American loses $1.25B
US aid lifts Southwest to Q1 profit, American loses $1.25B
With a strong push from taxpayers, Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, and airlines executives say that the industry is on course to recover from a financial crisis caused by the pandemic. Southwest Chairman and CEO Gary Kelly said Thursday that his airline has seen steady improvement in U.S. leisure-travel sales since mid-February. He credited rising vaccinations and falling new cases of COVID-19. “We believe the worst is now finally behind us," Kelly said.
derek68·apnews.com·
US aid lifts Southwest to Q1 profit, American loses $1.25B