THE NEWS: New jobless claims in Michigan remain historically high, but did not spike alongside the national total last week as the COVID-19 pandemic rages on. In Michigan, 22,170 initial unemployment claims were filed for the week ending Dec. 5, down 3.6 percent from the total a week earlier.
Why it matters: The U.S. overall saw a nearly 20 percent spike in new claims last week to 853,000. Michigan was one of only three states that saw claims decline last week, despite a three-week "pause" on indoor dining, sporting events and casino gaming.
THE NEWS: Movie theaters, bowling alleys, bars and restaurants shuttered by state public health orders are getting an extra month to pay their withholding, sales and use taxes to the Michigan Department of Treasury. Gov. Gretchen Whitmer's administration is waiving penalties and fines through Jan. 20 on their tax payments due Dec. 20 for businesses shut down by the Michigan Department of Health and Human Services.
Why it matters: Businesses barred from being open for indoor service have an extra 31 days to make quarterly tax payments to the Treasury Department. Whitmer has also said her proposed $100 million state-level COVID relief fund would be split evenly between individuals and businesses shuttered by her administration's closure orders, if approved by the Legislature.
THE NEWS: Troy-based Emagine Entertainment Inc. signed long-term leases for four additional theaters across the Midwest: one in Saginaw, two in Indiana and one in Illinois, co-founder and Chairman Paul Glantz said. The locations were among those operated previously by Grand Rapids-based Goodrich Quality Theaters Inc., which filed for bankruptcy protection at the end of February.
Why it matters: The sites would add to 11 Emagine theaters in Michigan, Illinois and Wisconsin. The deal comes during a catastrophically bad year for the theater business, with pandemic restrictions on gatherings combining with delays of most new movie releases to crimp business.
THE NEWS: The city of Detroit's water department says it's extending a moratorium on home service shutoffs through 2022 and aims to eventually end shutoffs altogether. It plans to use state, federal and private funding to keep residents' water on after its COVID-19 Water Restart Plan that began in March finishes up at the end of the year.
Why it matters: Mayor Mike Duggan, who also announced last week he will run for re-election, said the city aims to also "permanently end" water shutoffs at some point in the future. The commitment appears to be a reversal for Duggan, who said in March that a full-on "moratorium on shutoffs" doesn't work in other cities and won't work in Detroit.
THE NEWS: Since Oct. 21, total positive COVID-19 long-term care facility nursing home cases have increased 62 percent and total resident deaths have risen 33 percent. Reflecting community spread of coronavirus, staff cases have increased 99 percent.
Why it matters: The state's 15 specialized care recovery centers are beginning to fill up with transfers from hospitals and other long-term care facilities, and the capacity challenges are significant. The AARP Nursing Home COVID-19 Dashboard reported that 42 percent of nursing homes have staffing shortages as of last month, up from 26 percent in October.
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December 12, 2020 at 05:24AM
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Need to know: The week in review, with an eye on what's next - Crain's Detroit Business
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