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Business

GM to sink over $900M into 4 plants

FLINT, Mich. (AP) — General Motors says it will spend more than $900 million to update four factories, with the bulk going to an engine plant in Flint, Michigan, to build the next-generation V8 for big pickup trucks and SUVs. Factories in Rochester, New York; Defiance, Ohio; and Bay City, ...

Marquette-based clinic to join Marshfield-Dickinson

IRON MOUNTAIN —Marquette Internal Medicine and Pediatric Associates and Marshfield Medical Center-Dickinson have signed a letter of intent for the Marquette-based clinic to join Marshfield. The agreement brings Marquette’s most prominent independent healthcare provider practice together ...

Sault Tribe to appeal $88M lawsuit on failed casino deal

The Sault Ste. Marie Tribe of Chippewa Indians will appeal a recent casino-related court decision that could cost them $88 million, the tribe announced Monday. A Jan. 3 ruling by Ingham County Judge Joyce Draganchuk would award the large sum to two Michigan development companies that had ...

Trump’s company fined

NEW YORK (AP) — Donald Trump’s company was fined $1.6 million Friday for a scheme in which the former president’s top executives dodged personal income taxes on lavish job perks — a symbolic, hardly crippling blow for an enterprise boasting billions of dollars in assets. A fine was the ...

US inflation eases grip on economy

WASHINGTON (AP) — Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it. Inflation declined to 6.5% in December compared ...

Can the US avoid a recession in 2023?

WASHINGTON (AP) — For months, the outlook for the U.S. economy has been a mostly bleak one: Inflation hitting a four-decade high, consumer spending weakening, interest rates surging. Most economists penciled in a recession for 2023. An economic downturn is still possible. Yet in recent ...