Tariff Policies Raising Expenses for Small Businesses
The cost of doing business is becoming particularly expensive for many small business owners who don’t have the volume of business that can help overcome margin challenges caused by increased expenses from tariffs. Some entrepreneurs have been forced to raise their prices to reflect their additional expenses, causing a trickle-down effect that impacts consumers. A majority of the women’s clothing and accessories carried by Detroit-based retailer The Peacock Room are made overseas, so the impact of tariffs
MIOSHA Announces $500,000 in Grant Funding Available to Michigan Small Businesses for Enhanced Worke
LANSING, Mich.— Small businesses in Michigan with 250 employees or fewer can now apply for a Michigan Occupational Safety and Health Administration (MIOSHA) matching grant up to $5,000 to purchase equipment and associated training they need to create safer, healthier work environments for their employees. The MIOSHA Workplace Improvement to Safety and Health (MIWISH) grant program offers a dollar-for-dollar match, up to $5,000, for qualifying employers to purchase safety and health-related
Fifth Third Bank Acquires Comerica in $10.9 Billion Deal
CINCINNATI and DALLAS — Fifth Third Bancorp and Comerica Incorporated announced that they have entered into a definitive merger agreement under which Fifth Third will acquire Comerica in an all-stock transaction valued at $10.9 billion. Under the terms of the agreement, Comerica’s stockholders will receive 1.8663 Fifth Third shares for each Comerica share, representing $82.88 per share as of Fifth Third’s closing stock price on October 3, 2025, and a 20% premium to Comerica’s 10-day volume-weighted average
Restaurant Accelerator & Community Fund Grant
National ACE and Grubhub to Award $485,000 in Grants Through Restaurant Accelerator and Community Fund Grant The National Asian/Pacific Islander American Chamber of Commerce and Entrepreneurship (National ACE), in partnership with Grubhub, is proud to announce the opening of applications for the 2025 Restaurant Accelerator and Community Fund Grant, a program made possible by grant support from the Grubhub Community Fund. From October 1 to October 24, small, independent restaurants across the United
