Michigan Business, Economy & Tourism

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Stateside
4:54 pm
Tue November 25, 2014

A conversation about the wealth disparity in the US

More economists are telling us that income and wealth inequality is growing in the U.S.

The Economist declared that inequality in wealth in America is approaching record levels. They argue that the gap between the haves and the have-nots is getting wider as the rich get richer.

Michigan State University economics professor Charlie Ballard joined us today to talk about this wealth disparity in the U.S.

You can listen to our conversation below.


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Great Lakes
5:45 am
Tue November 25, 2014

Undercover agents go after illegal commercial fishing

A two-year investigation of illegal fishing in the Great Lakes led to raids on businesses in Charlevoix and Beaver Island earlier this month. The raids were part of an undercover operation. It involved creating a fake business in the Upper Peninsula to buy and sell fish. Federal agents involved claim the business made 550 sales and 400 involved fish taken illegally by commercial fishers.

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Right To Work
6:29 pm
Tue November 18, 2014

Michigan Supreme Court to examine if 'right to work' law applies to state workers

The Michigan Supreme Court will decide next year whether the state’s right-to-work law applies to unionized civil service employees.

Four unions representing 35,000 state civil service workers filed the challenge. They say the right-to-work law does not apply to them because of the Michigan Constitution and the independent authority it gives the civil service system.

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Michigan Energy & Environment
10:03 am
Thu November 13, 2014

Electric bills could go up dramatically for people in the UP

People in the UP could be paying more each month to keep the coal-powered Presque Isle Power Plant open.

Originally published on Thu November 13, 2014 11:58 am

The cost of electricity could jump dramatically next month in the Upper Peninsula.

Residents there might have to start paying to keep a coal plant open that isn't entirely needed anymore. The increase will be a harsh blow to a region that struggles economically.

Brimley is a little town at the end of the road on Lake Superior’s south shore. There’s a bar, a casino and a couple motels. Brimley State Park draws campers here in the summer and into Ron Holden’s IGA grocery store.

"Basically the six weeks of summer pay for the rest of the year’s bills, " he says. On the wall of the IGA are deer heads, a black bear rug, and a flag that says, ‘American by choice, Yooper by da grace of God.’

But being a Yooper might cost more starting December 1. Holden expects his store’s electric bill will be $700 a month higher and he has no idea where he’ll get that money.

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Detroit Bankruptcy
11:58 am
Fri November 7, 2014

Judge Approves Detroit's Plan To Exit Bankruptcy

Detroit emergency manager Kevyn Orr (left) speaks at a news conference in Detroit as Michigan Gov. Rick Snyder, who appointed Orr, listens. Orr's plan for the city to emerge from bankruptcy was approved by a federal judge today.
Paul Sancya AP

Originally published on Fri November 7, 2014 2:59 pm

Updated at 1:15 p.m. ET

A federal judge today gave the OK to a bankruptcy exit strategy proposed by Detroit nearly 16 months after the city asked for protection from its creditors.

At a 1 p.m. ET hearing, Judge Steven Rhodes found that the plan was fair and feasible. He's expected to issue a written ruling later.

"This city is insolvent and desperately needs to fix its future," Rhodes said.

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