State Michigan Financial News

On and off the big screen, it’s Barbie’s world and Ken is just living in it

Stocks ended another choppy day of trading mixed, leaving the market with its second losing week in a row

TikTok’s surging popularity has led to copycats from YouTube and others, spreading the rapid-fire video format across teens’ smartphones. It also has fueled the attention-robbing problems that come with such clips. YouTube used to be the place where teens and preteens watched lengthy toy unboxings and videogame tutorials.

(Reuters) — Wynn Resorts (NASDAQ:WYNN) is winding down its online sports betting and iGaming platform, WynnBET, in certain U.S. states due to a lack of clear rules and higher customer acquisition costs, the casino operator said on Friday.

Note: The Digital Money Market account is not available to customers in Illinois, Indiana, Iowa, or Michigan.

All 16 Michigan Republicans accused in a fake elector scheme to keep former President Donald Trump in power are now challenging the charges in state court

Investing.com — U.S. stock futures were trading slightly higher during Thursday's evening deals as traders digested easing inflation pressures in July’s consumer inflation report ahead of wholesale price data.

Investing.com — Now you see it, now you don’t: That’s how natural gas’ latest run to $3 pricing was, with speculation of production tightness resulting in a near 7% rally unwound within a day by a bearish storage report.

Ohio State Athletic Director Gene Smith has announced his retirement plan. He said Wednesday that he will retire from his office effectively in July 2024. The most-respected sports administrator has shocked athletes and sports enthusiasts.

The White House held its first-ever cybersecurity “summit” on the ransomware attacks plaguing U.S. schools

The state of New York will debut its first cybersecurity strategy, including plans to modernize government networks, provide digital defenses at the county level and regulate critical infrastructure. The strategy, which Gov. Kathy Hochul is expected to announce today, comes as an array of cyberattacks have battered New York, with the state’s Division of Homeland Security and Emergency Services responding to 57 cyber incidents in 2022.

In 2021, S&P Global Ratings began publishing alphanumeric ESG credit indicators for publicly rated entities in some sectors and asset classes.

Logan Paul had little time to bask in his latest WWE victory. The YouTube sensation, known as 'The Maverick,' made his second appearance at SummerSlam and delivered a brutal knockout victory against Ricochet at the home of the Detroit Lions in Michigan.

NASCAR driver Noah Gragson has been indefinitely suspended by Legacy Motor Club due to his recent actions on social media. This decision follows his liking of a meme that mocked the tragic death of George Floyd. Gragson will not participate in the upcoming Cup Series race at Michigan International Speedway, and his spot will be filled by Josh Berry. The Legacy Motor Club released a statement via social media, expressing their immediate suspension of 25-year-old Gragson, citing his actions as inconsistent with their team's values. According to Fox Sports, Gragson's suspension was triggered by his liking of the controversial meme that made light of George Floyd's 2020 murder, a deeply divisive incident that sparked global conversations on racial issues. NASCAR also weighed in on the matter, pointing out that Gragson's conduct violated Section 4.4.D. of the NASCAR Rule Book, which addresses driver behavior. NASCAR's official statement supported the Legacy Motor Club's decision, highlighting Gragson's breach of the Member Conduct section in the 2023 NASCAR Rule Book. This violation led to his indefinite suspension. Gragson, while apologizing on X, said, «I am disappointed in myself for my lack of attention and actions on social media. I understand the severity of this situation. I love and appreciate everyone. I try to treat everyone equally no matter who they are. I messed up plain and simple.» Replacing Gragson, Josh Berry, an experienced 32-year-old driver, will take the wheel of the No. 42 Legacy MC Chevrolet at the FireKeepers Casino 400 event.

WWE's grandest summer event, SummerSlam 2023, set to take place at Ford Field in Detroit tonight. With a stacked match card featuring intense rivalries and thrilling title bouts, this year's SummerSlam promises to be a memorable night for fans worldwide.

Tributes are pouring in for 27-year-old Goldman Sachs analyst John Castic, who was found dead in a creek yesterday after leaving a nightclub at 3am on Saturday night. 

The operators of a historic ferry that carries traffic across Lake Michigan between Michigan and Wisconsin say it is out of service for the rest of the season after its ramp system was damaged in July

Roman Devengenzo was consulting for a robotics company in Silicon Valley last fall when he asked a newly minted mechanical engineer to design a small aluminum part that could be fabricated on a lathe—a skill normally mastered in the first or second year of college. “How do I do that?" asked the young man. So Devengenzo, an engineer who has built technology for NASA and Google, and who charges consulting clients a minimum of $300 an hour, spent the next three hours teaching Lathework 101.

The operators of a historic ferry that carries traffic across Lake Michigan between Michigan and Wisconsin say it is out of service for the rest of the season after its ramp system was damaged in July

Ford is resuming production of the F-150 Lightning electric pickup after closing a factory in Dearborn, Michigan, for six weeks to triple production capacity

Donald Trump's desperate effort to cling to power after his defeat in the 2020 election is at the center of a four-count indictment released against the former president Tuesday. The third criminal case into Trump details, among other charges, what prosecutors say was a massive and monthslong effort to «impair, obstruct, and defeat» the federal process for certifying the results of a presidential election, culminating in the attack on the Capitol on Jan. 6, 2021. The 45-page indictment states that when Trump could not persuade state officials to illegally swing the election in his favor, he and his Republican allies began recruiting a slate of fake electors in seven battleground states — Arizona, Georgia, Michigan, New Mexico, Nevada, Pennsylvania and Wisconsin — to sign certificates falsely stating that he, not Democrat Joe Biden, had won their states. While those certificates were ultimately ignored by lawmakers, federal prosecutors say it was all part of «a corrupt plan to subvert the federal government function by stopping Biden electors' votes from being counted and certified.» Here's a deeper look at how the scheme unfolded, according to the indictment: