Two of the biggest buyers of insurance brokerages in North America — Acrisure LLC and High Street Insurance Partners Inc. — both hail from Michigan.

GRAND RAPIDS — Trinity Health and four surgeons want a federal court to invalidate non-compete agreements with Orthopaedic Associates of Michigan, claiming they allow the market’s largest orthopedic practice to essentially hold a monopoly over procedures in Kent County.

MUSKEGON — Private equity and venture capital firm Port City Ventures LLC’s capital investment in Rolar Products Inc. will go to support further growth.

A new business incubator at Michigan State University’s research campus in downtown Grand Rapids offers a new venue for tech entrepreneurs to nurture their innovations.

GRAND RAPIDS — A new community development financial institution could form in West Michigan to support Hispanic entrepreneurs.

A new training initiative wants to develop better leaders for family-owned businesses in West Michigan.

Both Mercantile Bank and ChoiceOne Bank are expanding their geographic reach by opening loan offices in new markets.

Anew deal with Corewell Health West extends Lansing-based Physicians Health Plan’s care network into West Michigan.

GRAND RAPIDS — Michigan Capital Network netted $37.5 million to date in its drive to raise $50 million for a fourth venture capital fund, a goal that has doubled since fundraising began in early 2022.

A Chicago organization that provides capital and other support to nonprofits looks to build momentum and reach across the west side of the state after opening an office in Grand Rapids last spring.

A change in federal law opens new options for owners considering the sale of their small business.

Quentin Messer Jr. will remain head of the Michigan Economic Development Corp. under a new four-year contract announced today by Gov. Gretchen Whitmer.

People in West Michigan indicate that low pay and the inability to find affordable child care are two key factors keeping them out of the workforce. 

Venture capital investors put more money into Michigan-based companies last year, even as deal volume declined.

CALEDONIA TWP. — Davenport University plans to ramp up academic programs to bring more professionals into the mental health field.

The financial pressures that have many U.S. hospitals and health systems operating at a loss also are battering the finances for physician practices nationwide.

CALEDONIA — Aspen Surgical Products Inc. has named Steve Blazejewski as CEO as part of an executive succession plan. 

West Michigan’s industrial economy ended 2022 in a downward trend.

Federal trade regulators want to ban the use of non-compete agreements that some employers use to keep workers from taking a job at an industry competitor.

WYOMING — Workers at Lake Michigan Credit Union’s South Division Avenue branch near Grand Rapids have voted to unionize.

Constance Brown Hearing Centers will become part of Bronson Healthcare next week, allowing for easier collaboration and follow-up care between the two organizations.

Larger employers are taking a broader view of their employee benefits. Rather than consider health benefits separate from other benefits, they now look at them together as an entire package in the total compensation they offer.

Coming off what Diane Durance calls a “robust” year in 2022, Grand Rapids-based Michigan Capital Network looks to close fundraising in 2023 on a fourth venture capital fund and grow its network of angel investors.

Economists expect the U.S. to dip into a mild recession around mid-2023, as higher interest rates intended to bring down inflation drag on the economy.

The auto industry that historically led Michigan’s economy to fall further than the U.S. in national recessions may actually aid the state during a national economic downturn that many economists predict for 2023.

Tina Freese Decker led the blockbuster 2022 merger between Grand Rapids-based Spectrum Heath and Beaumont Health in Southfield that created Corewell Health, the largest in-state health system in Michigan with 22 hospitals and about 64,000 employees.

Health systems across Michigan head toward 2023 facing major financial headwinds from an intensifying worker shortage that has sharply driven up labor costs that cut hard into their bottom lines.

MillerKnoll Inc. and Steelcase Inc. both expect flat to lower sales for the present quarter going into 2023 amid softer order rates.

The new contract with Sparrow Health System provides an opportunity for Priority Health to carve out a much larger presence in the Lansing-area market, although growth may not come easily.

Prices in Michigan’s cannabis industry plummeted in 2022, leading to some closures and layoffs, and could fall even further in 2023 as more players enter the business.