BUSINESS

General Motors is poised to announce next week major electric vehicle investments in Michigan.

General Motors is poised to announce next week major electric vehicle investments in Michigan.

Colorado, the U.S. government and a gold mining company have agreed to resolve a longstanding dispute over who’s responsible for cleanup at a Superfund site that was established after a massive 2015 spill of hazardous mine waste.

California’s unemployment rate dipped a half-percentage point in December as the most populous state added 50,700 nonfarm jobs.

“Saturday Night Live” comics Colin Jost and Pete Davidson have purchased a decommissioned Staten Island Ferry boat with plans to turn it into New York’s hottest club.

A U.S. judge in Texas has issued a nationwide injunction barring the federal government from enforcing President Joe Biden’s requirement that federal workers without qualifying medical or religious exemptions be vaccinated for COVID-19.

A Florida man who helped Rudy Giuliani seek damaging information against Joe Biden in Ukraine has been sentenced to a year and a day in prison and fined $10,000 in an unrelated campaign finance case.

Congress has taken a new step toward reining in the market dominance of Big Tech. Bipartisan legislation advanced by a Senate panel would bar the dominant online platforms from favoring their own goods and services over those of rivals on the platforms.

Government and business leaders have urged global cooperation on climate change, the coronavirus pandemic and the economic recovery at the World Economic Forum’s virtual gathering this week.

Candy maker Mars is giving a makeover to its six M&M’s characters as a way to promote inclusivity.

For all the talk about rising U.S. home values in cities and suburbs, they have nothing on the skyrocketing price of farmland.

Daily new coronavirus infections in Russia have reached an all-time high and authorities are blaming the highly contagious omicron variant, which they expect to soon dominate the country’s outbreak.

Chipmaker Intel says it will invest $20 billion to build a factory in central Ohio in an attempt to help alleviate a global shortage of chips that power everything from phones to cars to home appliances.

China has criticized Washington for imposing sanctions on Chinese companies accused of exporting missile technology, and accused the United States of hypocrisy for selling nuclear-capable cruise missiles.

Total Energies and Chevron, two of the world’s largest energy companies, are stopping all operations in Myanmar.

Italy is poised to elect a new president, a figure who is supposed to serve as the nation’s moral compass and foster unity by being above the political fray.

Asian shares have declined after a late-afternoon sell-off wiped out gains for stocks on Wall Street.

Stocks fell again on Wall Street Friday, capping off the worst weekly drop for the S&P 500 since the start of the pandemic.

A federal appeals court will have to decide whether protecting historical tribal lands and a rare toad warrant blocking a major geothermal plant in Nevada as the nation tries to move away from fossil fuels amid a looming climate crisis.

The shortage of parts caused by the coronavirus pandemic is further denting production at Toyota, Japan’s top automaker.

A Saudi-led coalition airstrike targeting a prison run by Yemen’s Houthi rebels has killed at least 70 detainees and wounded dozens.

Restaurants and bars will close early in Tokyo and a dozen other areas across Japan beginning Friday as the country widens COVID-19 restrictions due to the omicron variant, which has caused cases to surge to new highs in metropolitan areas.

New 5G wireless service is up and running in the United States, with little of the feared disruption to air travel.

A federal appeals court has found that two California counties violated the Constitution’s right to bear arms when they shut down gun and ammunition stores in 2020 as nonessential businesses during the coronavirus pandemic.

Netflix delivered its latest quarter of disappointing subscriber growth during the final three months of last year, a trend that management foresees continuing into the new year as tougher competition is undercutting the video streaming leader.

Two organizations that influence many Americans’ automobile buying decisions will begin rating vehicles on how well they track behavior of motorists who use partially automated driver-assist systems.

New York City Mayor Eric Adams plans to convert his first paycheck this week into two cryptocurrencies.

French energy conglomerate TotalEnergies has asked the American and French governments to support targeted sanctions against Myanmar’s oil and gas funds.

Trying to defuse large protests by environmentalists, Serbia’s populist government said Thursday that it was canceling all licenses for mining giant Rio Tinto to open a lithium mine in the Balkan country.

The Federal Reserve released a highly anticipated report on central bank digital currencies that suggested it is leaning toward having banks and other financial firms, rather than the Fed itself, manage digital accounts for customers.

Average long-term U.S. mortgage rates continued to rise this week.

The Washington Supreme Court has narrowly upheld an $18 million fine levied against an association of large food brands that funneled dark money into a state political campaign.

President Joe Biden is paying a steep price for high inflation.

Sales of previously occupied homes fell in December for the first time in four months as many would-be buyers were frustrated by a lack of available houses, which fell to the lowest level in more than two decades.

Indonesia’s leader says the country that holds the presidency of the Group of 20 biggest economies this year is seeking to strengthen global partnership to aid the economic recovery from COVID-19.

Union Pacific hauled in 24% more profit in the fourth quarter even though supply chain problems and weak auto production continued to slow shipments because last year's results were weighed down by a one-time $278 million charge.

The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant disrupted the job market.

Team USA’s opening ceremony uniforms for the Beijing Olympics include some sneaky new warming technology.

American Airlines is reporting a $931 million loss for the fourth quarter and warning that omicron will further delay its recovery.

A lawmaker from Britain’s governing Conservatives has accused the government of blackmailing opponents of Prime Minister Boris Johnson.

A U.N.-backed group says it has signed agreements with more than two dozen generic drug makers to produce versions of Merck’s coronavirus pill to supply 105 developing countries.

Turkey’s central bank has kept a key interest rate unchanged, halting a string of rate cuts that triggered a currency crisis and sent prices skyrocketing.

Israel’s attorney general says he is launching an investigation into the police’s use of phone surveillance technology following reports that investigators tracked targets without proper authorization.

European Union lawmakers are weighing rules that would require online companies to ramp up efforts to keep harmful content off their platforms and take other steps to protect users.

Germany’s health minister expects the number of coronavirus infections in the country to keep rising for several weeks reaching hundreds of thousands of cases a day.

Long-haul carrier Emirates says it will resume its Boeing 777 flights to the U.S. after halting its use of the aircraft there over concerns new 5G services in America could interfere with airplane technology that measures altitude.

Asian stock markets are higher after China cut interest rates to shore up flagging economic growth and Japan reported a double-digit rise in exports.

Viewers parked themselves in front of their televisions to watch football and stay out of the January chill.

First, Amazon competed with malls.

United Airlines lost $646 million in the last three months of 2021, and the new year doesn't look too good either.

End of work-from-home guidance a boost for hospitality, while nightclubs welcome scrapping of covid passes.

The business with the most liquor sales in your Michigan county probably isn’t the big boozy bar downtown or that local liquor store that seems to have every variety of spirit. It’s probably a chain grocery store.

How the football sticker maker survived a thieving tycoon and competition from Lycra-clad wrestlers.

Paytm validates a model of digitization in which losing on individual-transaction take rates is more than made up by gains from handling billions of them.

Paytm validates a model of digitization in which losing on individual-transaction take rates is more than made up by gains from handling billions of them.

BURTON, MI — A new business that will feature axe throwing is planning to open in Genesee County before the end of the year. Spymaker Axe Throwing, an axe throwing venue, that will feature axe throwing for various group sizes and leagues has plans to open in December. “We are going to open Flint’s first axe throwing venue,” Shane Moore told MLive-The Flint Journal, adding half of the building will feature axe throwing while the other half will have six escape rooms. Prices for axe throwing are not finalized, but the cost is planned to be $20 per person. When asked what inspired the Moore’s to delve into the business of axe throwing, Shane Moore acknowledged his wife’s intelligence and the interest to want to bring fun the area.

As Sir Keir prepares for his first in-person conference as leader, we look at the promises he has made.

The deal will see founder Charlie Mullins offload his 90% stake in the group.

ANN ARBOR, MI - Business owners seeking advice can learn from industry experts from near and far at upcoming Washtenaw Economic Club meetings organized by Washtenaw Community College. This week’s club meeting features David Barfield, a global staffing executive for the British-based Impellam Group. The event is free for Washtenaw Economic Club members and $25 for non-members. For more information on the Washtenaw Economic Club, click here. Read more from The Ann Arbor News:Fall semester at Washtenaw Community College features new programs, mask mandateWashtenaw Community College receives $1.4 million grant to expand support for associate degree programsWashtenaw Community College secures $60k grant to provide laptops, digital literacy to local youth

Activist investor Jana Partners could look for different routes to improve Vonage’s value.

Iain Anderson says he will work to "build a bridge" between the government and LGBT community.

His wife’s children and grandchildren don’t follow the rules of the ranch.

The two counts against Natasha Weeks, 29, were filed Aug. 18 and unsealed Monday in the U.S. District Court in Hammond, according to filings.

Pedestrian didn’t intend to interject, but “advice” was almost involuntary.

Ex-husband reveals that he had a son with another woman. Should reader tell her sons?

Small e-commerce entrepreneurs have thrived in lockdown - now big money wants to buy them out.

The star says she had a "psychotic break" after being attacked by a male record producer.

ROCKFORD, MI — The West Michigan Sports Commission announced Meijer as the naming rights partner for its Rockford baseball and softball complex at a Tuesday, May 4 ribbon-cutting ceremony. The newly-named Meijer Sports Complex marks the start of a 10-year partnership between the two organizations. The complex also houses the Nate Hurwitz Miracle League Field -- a customized field set to accommodate young athletes in wheelchairs, walkers or other similar devices. The complex’s Miracle League field is one of nine in the state. West Michigan Miracle League President Tony Comden spoke alongside his son, who plays in the Miracle League as a cancer survivor.

Since no official business can be conducted by the House until a speaker is elected, a lengthy balloting process could ensue while pressing matters such as the state budget and pandemic recovery are held in abeyance. Madigan, some Democrats contend privately, is counting at the very least on attrition to eventually return him as speaker as issues mount.

“I don’t want to see anyone go out of business,” he said. “That was never the intent. But I would rather see them go out of business than see them sell dogs unethically and defraud the public.”

In the first quarter of 2020, the total amount spent on lobbying, about $938 million, reached the highest on record, according to the Center for Responsive Politics. The health sector, which spent $168 million on lobbying efforts, received $150 billion in coronavirus relief aid, according to Advisory Board. The airline industry, which spent $29 million on lobbying, received $32 billion in relief aid, according to the Peter G. Peterson Foundation, and agribusiness, which spent $38 million, received $19 billion in aid, CRP said. The lobbying industry is arguably the U.S. government's oldest profession and is protected by the First Amendment. The misconception about lobbyists is that "we walk around with bags of money and say, 'Vote our way' or 'Oppose this.'

Genealogy is the second most-popular hobby for Americans, and a multi-billion dollar business. Tracy Smith takes a look at how digging up one's family roots is being made relatively easy with online resources like the website ancestry.com.

In 21 of 28 countries, business is trusted more than government. CBS News' Lulu Chiang spoke with a CEO to learn more.

CBS News Business analyst Jill Schlesinger discusses the risks and rewards of U.S. companies doing business with Iran.

A business in Chico, California receives $43,000 tip A small business noticed a $43,000 tip while checking receipts. The tip does not appear to be given intentionally, however it did go through.

Sheriff on Dorner manhunt: "We know it's a dangerous business" San Bernardino County Sheriff John McMahon describes the chaos during the manhunt for cop killer and former LAPD officer Christopher Dorner in February 2013 and concurs with many law enforcement officers' statements in the Dorner report that it was a miracle no one else got hurt.

Vermont Country Store: The business of selling nostalgia For three generations the Vermont Country Store has sold hard-to-find, old-fashioned products. CBS News' Lee Woodruff sat down with the store's co-owner Eliot Orton to discuss the mega-million dollar business.