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DETROIT - While the start of the pandemic forced furloughs, layoffs, and business closures at unprecedented speed, Americans responded by starting small businesses at a record pace, according to a new report by Zapier. Many full-time employees launched side hustles to bring in more income, and others were forced to pivot to small businesses or
DETROIT - The November survey from the Conference Board predicts a 3.9 percent jump in wage costs for companies in 2022, compared to 3 percent reported in April - the highest rate increase since 2008. Indeed, the swell in compensation expectations for next year reflects rising wages for new hires and inflation. Salary increase budget refers
ANN ARBOR - Phillip Mitchell CPA, a partner in Kroon & Mitchell in Grand Rapids, provides a lot of last minute guidance on how you can reduce your 2021 taxes and maximize your retained profits. Businesses will want to watch this video interview. You can contact Phillip at KroonAndMitchell.Com https://youtu.be/VPrQUSGl--Y
WOBURN, MA - From January to November 2021, Kaspersky experts uncovered a new piece of malware that has targeted more than 35,000 computers across 195 countries. Dubbed “PseudoManuscrypt” for its similarities with the advanced persistent threat (APT) group Lazarus’ Manuscrypt malware, this new malware contains advanced spying capabilities and has been seen targeting both government
WASHINGTON DC - A vulnerability in a widely used logging platform uncovered late last week has left security professionals and officials scrambling to respond and patch systems before other nations and cybercriminals can exploit the flaw. The vulnerability in Apache logging package log4j has affected potentially thousands of companies worldwide, and is a particularly serious problem.
DETROIT - Cybercriminals always target software or websites which many people use. By exploiting found vulnerabilities or using people’s unawareness of good cybersecurity practices, threat actors launch different cyberattacks, which would affect a large audience and bring the most benefits. According to the data presented by the Atlas VPN team, 73 percent of phishing sites
LANSING — GM is expected to build a new battery plant in Michigan and spend billions to expand an existing assembly plant here as the automaker transitions to all electric vehicles by 2035. GM is eyeing the Lansing area for a new battery plant, based on city records, a statement from the mayor, and a source familiar with
LANSING - An effort to entice big businesses with government-backed incentives advanced in the Michigan Senate Thursday, just a day after the state House approved similar legislation. Senate Bills 769, 770 and 771 passed with bipartisan support in the Michigan Senate on Thursday and would create the “Strategic Outreach and Attraction Reserve Fund” and the
DETROIT — DTE Energy announced it will complete a 40 percent increase in its renewable energy capacity this year by 535-megawatt increase includes three wind parks that began operating in the spring and one solar park that will come online before the end of the year. DTE’s generation portfolio now includes 1,862 megawatts of wind
GRAND RAPIDS - LG Energy Solution Michigan Inc. has secured $1.36 billion in financing to support battery manufacturing expansions in North America, at least some of which will happen in Holland, the Detroit News reported last week. Meanwhile, officials with Jackson-based utility Consumers Energy confirmed to MiBiz that the company is in discussions with state
