Loading...
February 16, 2022
For the first time in nearly a week, border officials reported “no delay” Monday as trucks and cars cruised across the Ambassador Bridge into Canada. Reopening the bridge after a seven-day Canadian trucker protest in Windsor was “a win” for Michigan, Gov. Gretchen Whitmer said. But economic experts warn the weeklong trade disruption could reverberate in the short- and long-term. Carrying $323 million in goods a day—roughly a quarter of the trade between the U.S. and Canada—the Ambassador Bridge is an economic lifeblood to both sides of border. And the auto industry, which exchanges $12.8 billion in motor vehicles and parts across the Michigan-Canada border annually, felt the immediate pangs of rerouting traffic 70 miles north to the Blue Water Bridge. READ MORE Michigan Senate approves massive tax cut, corporations to see biggest benefit The Michigan Senate approved a tax cut proposal Tuesday that would slash corporate and personal income tax rates and have a big impact on the state’s revenue. Senate Bill 768 would reduce the individual income tax rate from 4.25% to 3.9%. It would also grant a larger cut to the state’s corporate income tax rate, taking it from 6.0% to 3.9%. Republicans argue that specifically cutting corporate tax rates will grow business and keep the state on a competitive track. While supporters of the bill insisted the cuts would benefit working families, Democrats said the proposal is more favorable to corporations than it is to the working class. READ MORE 'Business as a force for good:' 5 Michigan companies focused on the planet and its people People, planet and profit — that’s the balancing act of corporate sustainability. Michigan companies with the “triple bottom line” mentality are navigating major economic problems, from talent recruitment to supply chain disruption, easier than their counterparts. An analysis by the Yale Center for Business and Environment found B-Corp companies were 63% more likely to survive the 2008 recession than non-certified businesses. In Michigan, there are currently 26 businesses with the title. Here's a look at 5: READ MORE ►'Year of the worker': Michiganders didn't leave the workforce. They just found better jobs. Wolverine Confidential podcast: Examining Michigan football's new-look coaching staff Jim Harbaugh’s Michigan football staff appears set for the 2022 season. The Wolverines’ head coach announced two new additions last week in defensive coordinator Jesse Minter and tight ends coach Grant Newsome while also doing some reshuffling of his current staff. Ryan and Aaron take a deep look into the new lineup on the latest episode of Wolverine Confidential. If you are a Michigan fan and haven't been listening to this podcast, here's your chance to dive in for all things Wolverines: LISTEN HERE ►Like sports podcasts? Check out our Lions podcast, Dungeon of Doom Lightning capital of Michigan: Data shows a clear winner for 2021 Lightning strikes and lightning bolts through the air can be counted. The lightning counts are in, and we can see the lightning capital of Michigan for 2021. Vaisala owns a lightning detection network across the United States. The sensors are able to count each lightning event over any given point across the U.S. Chris Vagasky, meteorologist at Vaisala, says a lightning event is any cloud-to-ground strike or a through-the-cloud over a location. Vagasky totaled all of the lightning events over a square mile. He did this tallying for all of 2021 and found an exact location for the most lightning: WHERE IS IT? ►Snowstorm forecast: Details clearer on where storm will land across southern Michigan Get your local news 24/7 Ann Arbor | Bay City | Flint | Grand Rapids Connect with MLive
Free newsletters Unsubscribe Contact Us Privacy Policy To ensure receipt of our emails, please add newsletters@update.mlive to your address book or safe sender list. |
Loading...
Loading...