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Business

State extends aid availability in UP for mass timber projects

LANSING — A state program to aid mass timber projects in Michigan has been extended for the Upper Peninsula after the region submitted no applications for funding in 2026. The Michigan Mass Timber Catalyst Program recently awarded $350,000, combined with a year of technical assistance, to ...

US stocks soar as the Dow tops 50,000

NEW YORK (AP) — The U.S. stock market roared back on Friday, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now. The S&P 500 rallied 2% for its best day since May. The Dow Jones Industrial Average soared 1,206 ...

Chamber celebrates Peninsula Title remodeling of IM office

IRON MOUNTAIN — Peninsula Title Agency Inc. recently marked a remodeling of the Iron Mountain office with a Dickinson Area Chamber of Commerce ribbon-cutting ceremony. Mike and Kari Divine, owners of Peninsula Title Agency, bought the business in Crystal Falls in 2016, then opened their ...

Wall Street hit by falling tech stocks and bitcoin plunge

NEW YORK (AP) — Sharp drops hit Wall Street on Thursday as technology stocks fell and bitcoin plunged again to roughly half its record price set last fall. Several discouraging reports on the U.S. job market also knocked down yields in the bond market. The S&P 500 fell 1.2% for its ...