Business
Business
EnvisionTEC, a Dearborn 3D manufacturer, acquired by Massachusetts company for $300 million
January 23rd, 20210 DEARBORN — Desktop Metal, a Burlington, Massachusetts-based 3D printing solutions company, has acquired the Deaborn-based 3D printing manufacturer EnvisionTEC for $300 million. With this acquisition, EnvisionTEC will operate as a wholly owned subsidiary of Desktop Metal. EnvisionTEC founder and CEO Al Siblani will continue to serve...
State will conduct inspections of Michigan businesses to ensure COVID-19 rules compliance
July 31st, 20200 LANSING – State occupational health safety officials will conduct inspections of Michigan businesses to ensure compliance with state rules governing operations amid the coronavirus pandemic, the state said Monday. The Michigan Occupational Safety and Health Administration announced a "State Emphasis Program" Monday that will conduct...
Important tips for buying and selling your home
July 19th, 20200 DEARBORN — While the housing market is currently booming, some sellers may not know how to guarantee the sale of their homes. Realtor Dave Abdallah said that it’s all about curb appeal. “It’s extremely important to take care of your home on the outside,” he said. “The exterior of a home is equally if not more important than...
Housing market in Dearborn and Dearborn Heights is booming and here is why
July 11th, 20201 DEARBORN HEIGHTS — With COVID-19 cases spiking and the pandemic still being very much alive, a lot of people have been concerned about the housing market. Among the concerns, the biggest that seem to be evident among sellers and buyers is whether the market will crash. Dave Abdallah, a realtor of 31 years, said that couldn't be...
Owners of Dearborn dealership sue GM over discriminatory practices
May 29th, 20202 DEARBORN — Tanya and Basam Robin, the Chaldean American owners of the Superior Buick GMC dealership in Dearborn, have a filed a suit against General Motors and GM Financial, accusing the company of unfair and discriminatory practices. The Robins own another dealership under the same name in Battle Creek. The suit, filed in the the...
Changes in the bankruptcy code offer a lifeline to struggling businesses amid the COVID-19 pandemic
May 11th, 20200 Almost all countries around the world are forced to adopt dramatic measures to slow down the COVID 19 pandemic. With social distancing in place by public health departments, we are all part of the fight to combat this pandemic. These measures have severely impacted the global economy in various ways. Small businesses will suffer the...
Paycheck Protection Program (PPP) Phase 2 is now open, here is how to apply.
April 28th, 20200 PPP is an SBA loan that helps businesses keep their workforce employed during the coronavirus (COVID-19) crisis. NOTICE: PPP resumed April 27. The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept...
Neiman Marcus expected to file bankruptcy soon
April 21st, 20200 DALLAS — Neiman Marcus Group could seek bankruptcy protection as soon as this week, Reuters reported Sunday, citing "sources familiar with the matter." The Dallas-based luxury retailer first opened in Dallas in 1907, led by the Neiman and Marcus families. It has since expanded to include dozens of stores and outlets specializing...
Coronavirus: Can business owners that are forced to close or limit operations recover their income losses?
April 2nd, 20200 By Rabih Hamawi, JD Over the past week, I have received many calls from business owners asking if they may recover business income losses because they have been forced to temporarily suspend or limit their business operations due to COVID-19. The answer is simple: It depends. It depends on the language in the insurance policy,...
Don’t ignore your property tax notice of assessment
March 5th, 20200 By Jumana Judeh Soon, everyone who owns property in the state of Michigan will receive their Notice of Assessment. Most people ignore this notice and then get surprised when they receive their summer tax bill, which by that time is too late to appeal your taxes. You need to immediately look at the changes in your taxable value and...
Upgrading your phone? Four things you should do first
November 20th, 20190 By Alvaro Puig If you’re thinking about upgrading to a new phone, make sure you remove your personal information before you trade it in. Why? Because your phone could have a lot of sensitive, personal information on it – like your passwords, account numbers, emails, text messages, photos and videos. If that information...
There are no ‘quick fixes’ to clean up your credit
July 5th, 20190 By Lisa Lake If you're trying to clean up your credit, you'll come across plenty of companies offering an easy fix. But any company promising instant results for a price is likely a scam. The FTC says Grand Teton is one of those companies. In its lawsuit, the FTC says Grand Teton tricked people into paying hundreds — even thousands...
Sanctions on Iranian oil bring U.S. drivers pain at the pump
April 26th, 20190 American middle class consumers are enjoying the strongest wage growth in a decade, but higher gasoline prices are eating a good chunk of that increase for many, and it looks like pump prices are headed higher. Gasoline pump prices have already jumped about 25 percent this year, the fastest rate in three years. Trump administration...
Online lending company broke the law. FTC counts the ways
April 23rd, 20190 If you need to borrow money to consolidate credit card debt, make home or auto repairs, or pay other unexpected bills, a personal installment loan may be an option. Most personal loans are unsecured, meaning they don’t require collateral like a house or car, and typically have higher interest rates than secured loans. Paying a...
Garden City Hospital named to national top 100 list for outstanding performance
March 15th, 20192 GARDEN CITY — Garden City Hospital has been named as one of the nation's 100 Top Hospitals by IBM Watson Health, which ranks the top-performing hospitals in the country based on a balanced scorecard of publicly available clinical, operational and patient satisfaction metrics and data. The hospital was also among a list of 15 to earn......
Detroit Metropolitan Airport holds job fair this Saturday
March 1st, 20190 DETROIT – The Wayne County Airport Authority, which operates Detroit Metropolitan Airport, will host a job fair for its concessionaires from 11 a.m. to 3 p.m. on Saturday, March 2 at the airport’s Michael Berry Administration Building. According to a Feb. 27 press release, management teams from several concessionaires will be on...
Syrian refugee’s falafel shop offering free meals to federal workers
January 17th, 20190 KNOXVILLE, TN - The ongoing government shutdown has made life difficult for hundreds of thousands of government workers whose paychecks have been put on hold. But one Tennessee restaurant is taking it upon itself to feed those affected, making the decision to provide free meals to help the community that has supported it for so...
Brian Calley to lead Small Business Association of Michigan
January 3rd, 20190 LANSING — Former Lieutenant Governor Brian Calley announced Wednesday he will join the Small Business Association of Michigan, where he will serve as president, leading the group's lobbying and communications efforts. Calley left office on Tuesday under term limits. Current SBAM President and CEO Rob Fowler remains the Lansing-based...
4 tips for a good, safe online shopping experience
December 24th, 20180 Unless you enjoy the bustle of traditional holiday shopping, you’re probably thankful for being able to get what you need online. Unfortunately, the Federal Trade Commission has gotten reports from consumers who didn’t get their orders as expected — or never got them at all. Here are tips to have a good online shopping......
Businessman sentenced to one year in prison for bribery
December 9th, 20180 NORTHVILLE — A technology company CEO has been sentenced to a year in federal prison for delivering bribes to a Detroit city official in restaurant bathrooms. U.S. District Judge Robert Cleland sentenced Parimal "Perry" Mehta, 55, of Northville for paying Charles Dodd, the former director of Detroit’s Office of Departmental...
Research: New vehicle technologies double repair bills for minor collisions
November 2nd, 20180 DEARBORN — According to new research from AAA, vehicles equipped with advanced driver assistance systems (ADAS) such as automatic emergency braking, blind spot monitoring, lane departure warning and others, can cost twice as much to repair following a collision due to expensive sensors and their calibration requirements. Even minor......
Should banks be raising the citizenship question?
August 20th, 20180 Why are banks asking about your citizenship? Candidate Donald Trump rode his anti-immigrant rhetoric straight to the White House. Since then, he’s banned people from heavily Muslim-populated countries, taken children from their parents upon arrival at the Mexico border, is attempting to make citizenship status a question on the...
More sales tax coming to Michigan from online retailers
August 19th, 20180 LANSING — State Treasurer Nick Khouri said the state’s sales tax administration will now require many mail order and online retailers located outside of Michigan to pay the 6 percent sales tax on taxable sales into the state. This change comes on the heels of a recent U.S. Supreme Court decision. “This is an important step......
