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BorgWarner to acquire Delphi Technologies
BorgWarner Inc. has struck a deal to acquire Delphi Technologies in an all-stock transaction that values Delphi at about $3.3 billion, the...
Kresge secures $33.1 million for national loan guarantees backing public investments
The Troy-based Kresge Foundation has secured $33.1 million in commitments from nine U. S. foundations, a nonprofit lender and one health system to...
Fairlane Town Center owner falls behind on mortgage, works to restructure debt
In the latest sign of the times for struggling regional malls, the owner of Fairlane Town Center has become delinquent on its $135.7 million loan...
Vinsetta Garage settles parking dispute with Berkley
After years of effort and legal action, Vinsetta Garage restaurant in Berkley has gotten approval to expand its sorely needed parking space. During...
State OKs $2.27 million in financing for food-hub project in Detroit's Eastern Market
$24.1 million project will include a food accelerator for food entrepreneurs, food-based businesses, restaurant, common and event space The project...
American Center for Mobility opens Technology Park for development
An autonomous vehicle weaves between a car that went left of center to avoid a pothole, and a cyclist who entered the road from the car's right...
Wild West-like growth of short-term rentals threatens public safety, business fairness
Hotels across America are subject to a number of longstanding local, state and federal standards, regulations and taxes - with good reason. These...
Michigan lawmakers consider bill that would double self-distribution limit for breweries
A new law that would increase self-distribution limits for breweries in Michigan is being championed by small companies such as Eastern Market...
WSU board members will continue to target cronyism, corruption
After my first two committee meetings with our new Wayne State University board member, Shirley Stancato, I was refreshed by her calming influence...
Meijer ends free medication program for metformin, atorvastatin
Meijer Pharmacy has stopped offering two medications for free, type 2 diabetes drug metformin and cholesterol-lowering atorvastatin. The Grand...
Business booms at safety compliance labs
Vials of product are being tested for heavy metals and contaminants at PSI Labs in Ann Arbor, the only licensed marijuana testing facility for...
Nature and business, no longer in conflict?
THE NATURE CONSERVANCY: Helen Taylor is the state director of the Michigan Chapter of The Nature Conservancy, serving as the nonprofit's top leader...
Don't forget these skyscrapers
It's not unusual to hear a little hyperbole where Dan Gilbert is concerned, but Crain's served up a real whopper in stating that his tower on the...
Mergers, acquisitions and new contracts across metro Detroit
Korotkin Insurance Group Inc., Southfield, an insurance agency, is now representing the Central Insurance Companies, Van Wert, Ohio, an insurance...
'I would love to see people treated as well as we treat our food'
Education: Michigan State University, bachelor of arts in hospitality business. Bachelor of arts in culinary studies, International Culinary Center...
10 things to do this weekend
Get acquainted with a half-century-old Kermit the Frog puppet at the Detroit Institute of Arts.Bring the kids for free activities at Little Caesars...
Robert Redford brand Sundance to open store at Village of Rochester Hills mall
Sundance Catalog, a lifestyle retailer founded by actor/director Robert Redford, opened its San Antonio location this fall. Another is to open this...
Industrial market continues to be bright spot in Detroit area real estate
The region's industrial space vacancy rate ticked up 0.1 percentage points to 4.1 percent as 1.5 million square feet of speculative space came...
Detroit projects scaling back amid rising construction costs
Financing for The Mid, at 3750 Woodward Avenue in Midtown, is expected to be complete by the end of next month. Yet another condominium project in...
Fight emerges over cannabis 'labor peace' regulations
Legal sales of recreational marijuana have existed in Michigan for barely a month, and there's already an emerging political fight over labor...
Design revealed for Gordie Howe bridge pedestrian spans over I-75
Arched bridges to be built as part of Detroit-Windsor bridge's interchange with I-75 A rendering shows the design for one of five pedestrian...
Bedrock hires former Honigman exec as chief development officer, EVP
In another executive-level change, Dan Gilbert's real estate company has hired one of Detroit's most prominent real estate attorneys as chief...
Baker College's new campus building in Royal Oak could rise nearly 100 feet, cost $27.6 million
A rendering of a planned Baker College campus building in downtown Royal Oak. It would rise seven stories and cost $27.6 million, according to...
New landlords come to New Center area, Eastern Market, Midtown
The WJBK TV Studios building at 7441 Second Ave. in Detroit is being marketed for lease by the Royal Oak office of JLL following a $2.6 million...
United Shore reports industry record wholesale mortgage volume in 2019
United Shore Financial Services LLC reports it did a record $107.7 billion in mortgage loan volume last year. The fast-growing Pontiac-based...
Ilitch family missing golden opportunity on United Artists
Francis Grunow is former chair of the Arena District Neighborhood Advisory Committee and former executive director of Preservation Detroit. Most...
Amici's Pizza in Berkley sold with menu refresh planned
The popular Amici's Pizza and Living Room in Berkley has changed hands. Longtime owners Jennifer Stark and Maureen McNamara sold the cozy pizza...
Dilla's Delights reopens, crowdfunds for expansion
A weekly roundup of local food, drink and restaurant news: Times tight for Dilla'sDilla's Delights doughnut shop in downtown Detroit reopened...
Dr. Bill Conway steps back after 45 years at Henry Ford, but he's not done
When asked why at age 73 and after more than 45 years as a doctor and administrator, Bill Conway wants to step back from full-time duties, the CEO...
Suburban Collection's David Fischer confirmed as ambassador to Morocco
David Fischer of The Suburban Collection was confirmed by the U. S. Senate to be ambassador to Morocco Dec. 19, the day after the House of...