$2.1 Million EDA Grant Aids Fairlife Bottling Expansion
The U S Department of Commerce’s EDA awards 2.1 million to support a 6 million project for a fourth Fairlife bottling line and water supply upgrades in Allendale and Polkton Townships. Lakeshore Advantage notes grant effort spanned over two years with local leaders praising the investment and expected creation of about 70 jobs.
MENTIONED IN THIS ARTICLE
West Michigan
Fairfire, LLC
Conveyor Concepts
Ranger Die, Inc
U.S. Department of Commerce
Economic Development Administration
Ing
Zeeland
Lakeshore Advantage
Fairlife LLC
Jennifer Owens
EDA
Coopersville
Anders Porter
Fairlife
Waseca Ee Ae
Allendale
Polkton Township
Continental Dairy
Michigan
State of Michigan
Dow Plunges 1175 Points in Worst Day Since 2011
The Dow Jones industrial average fell 1,175.21 points to 24,345.75 in a 4.6 percent drop, marking its steepest decline since August 2011 as banks, energy, and tech shares tumbled amid rising yields and inflation fears. The Nasdaq fell 273.42 points to 6,967.53 and the Russell 2000 slipped to 1,491.09, with markets volatile after two days of losses erasing early-year gains.
MENTIONED IN THIS ARTICLE
Intercare
Jpmorgan
Kelly
Dow
U.S
Gasoline prices rise in Michigan and nation for week
GasBuddy survey shows Michigan outlets averaging 2.68 per gallon, up 6.3 cents weekly, 5 cents higher than a month ago and 46 cents higher than a year. National average rises 1.9 cents to 2.60, 11.2 cents higher than last month and 34 cents above a year ago. Historical lows were 1.56 in 2016 and highs 3.69 in 2013.
MENTIONED IN THIS ARTICLE
GasBuddy
Michigan
Powell sworn in as Fed chair amid market sell-off
Jerome Powell was sworn in as the 16th Federal Reserve chair amid a Wall Street sell-off with the Dow plunging over 1100 points. Powell, 65, took the oath as markets reversed after a 4.6 percent drop the prior day, pledging vigilance to economic risks and succeeding Janet Yellen as the first woman to lead the Fed.
MENTIONED IN THIS ARTICLE
Powell
Fed
Washington
Jerome Powell
Federal Reserve
Wall Street
Dow Jones
Randal Quarles
Dow
Janet Yellen
House panel votes to release Dem memo on Russia probe
The House intelligence committee moves to publish the Democratic memo defending FBI and DOJ oversight amid the Russia investigation. President Trump and allies clash with Democrats over the release, while lawmakers urge completion of the Mueller probe and national security review.
MENTIONED IN THIS ARTICLE
House
Dem
Russia
Washington
FBI and
Justice Authority
White House
Trump
Adam Schiff
California
Schiff
Raj Shah
National Security Review
Paul Ryan
Senate
Chuck Schumer
New York
Mueller
Chris Stewart
Utah
GOP
FBI
Nunes
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MCBC
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Donald Trump
Yellen
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