Blog categorized as Business

$160 M In Economic Impact Estimated For NFL Draft

03/25/24 11:15 AM - By Team MIRS - Comment(s)
$160 M In Economic Impact Estimated For NFL Draft
Visit Detroit President Claude Molinari said he expects an economic impact of around $160 to $170 million from hosting the 2024 National Football League (NFL) Draft,

36 Percent Payday Loan Cap Approved By Senate

03/15/24 10:45 AM - By Team MIRS - Comment(s)
36 Percent Payday Loan Cap Approved By Senate
Payday loan operators in Michigan could not charge customers more than a 36 percent annual interest rate under legislation the Senate approved Thursday, 24-13.

Anthony Leading This Year's Attempt To Cap Payday Loans

02/29/24 01:12 PM - By Team MIRS - Comment(s)
Anthony Leading This Year's Attempt To Cap Payday Loans
Grand Rapids resident Samika Douglas refers to herself as "a victim of the payday loan."

Wegela Zaps Electric Utilities With Campaign Contribution Ban

02/23/24 09:54 AM - By Team MIRS - Comment(s)
Wegela Zaps Electric Utilities With Campaign Contribution Ban
Rep. Dylan Wegela (D-Garden City) Thursday announced the introduction of a two-bill package prohibiting regulated electric or natural gas utilities and their affiliated political action committees (PACs) from making donations to dark money vehicles like 501(c)4s or 527s.

Govs Prevailing Wage Policy Holds Up In Court

02/05/24 11:34 AM - By Team MIRS - Comment(s)
Govs Prevailing Wage Policy Holds Up In Court
The Governor’s directive that prohibited the state from contracting with companies that don’t pay their workers union rates stands after a ruling from the Michigan Court of Appeals, that said the issue wasn't moot despite the Legislature reinstating prevailing wage.