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Taubman Centers selling to rival malls owner in $3.6 billion deal
News 1 month ago
Taubman Centers selling to rival malls owner in $3.6 billion deal

Bloomfield Hills-based mall giant Taubman Centers Inc. is being sold for $3.6 billion to a rival shopping mall company, the companies announced...

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Ford exec Joe Hinrichs to retire, Farley becomes COO
News 1 month ago
Ford exec Joe Hinrichs to retire, Farley becomes COO

Ford Motor Co.'s Joe Hinrichs will retire as president of automotive, and Jim Farley, 57, president of new business technology and strategy, will...

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Mike Genord promoted to CEO of Health Alliance Plan
News 1 month ago
Mike Genord promoted to CEO of Health Alliance Plan

Henry Ford Health System in Detroit has promoted Michael Genord, M. D., to president and CEO of Health Alliance Plan of Michigan and executive vice...

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Amazon previews Rivian-built electric delivery van
News 1 month ago
Amazon previews Rivian-built electric delivery van

Amazon Inc. has provided a sneak preview of its electric delivery van from Plymouth Township-based startup Rivian Automotive LLC, touting the...

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New apartments planned in space of failed condominium project in Birmingham
News 1 month ago
New apartments planned in space of failed condominium project in Birmingham

A failed condominium development in downtown Birmingham is now slated to be turned into one-bedroom apartments on South Old Woodward Avenue....

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Buddy's to deliver free pizza this weekend
News 1 month ago
Buddy's to deliver free pizza this weekend

New renderings are out for a combination Italian restaurant, wine bar and coffee shop expected to open in Midtown this spring. Sauce is the latest...

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Ascension appoints new Michigan market leader
News 1 month ago
Ascension appoints new Michigan market leader

Kenneth Berkovitz, M. D., has been promoted to market leader of Ascension Michigan in Warren after serving since 2018 as president of Ascension...

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Hyatt House hotel planned next to Beaumont Hospital in Royal Oak
News 1 month ago
Hyatt House hotel planned next to Beaumont Hospital in Royal Oak

A new $23 million Hyatt House extended stay hotel is in the works at the Woodward Corners by Beaumont development next door to Beaumont Hospital in...

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Adient sells premium seating unit Recaro
News 2 months ago
Adient sells premium seating unit Recaro

Plymouth-based automotive seating supplier Adient sold its premium brand, Recaro Automotive Seating, at the start of the year - a move that comes...

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Self-driving shuttle startup May Mobility shakes up senior management
News 2 months ago
Self-driving shuttle startup May Mobility shakes up senior management

Self-driving shuttle company May Mobility has revamped its senior management team. COO Alisyn Malek will leave her position with the company at the...

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Hudson's site tower will not be tallest in Michigan after all, CEO for Gilbert's Bedrock says
News 2 months ago
Hudson's site tower will not be tallest in Michigan after all, CEO for Gilbert's Bedrock says

The state's tallest building is not under construction after all. Envisioned at one point to be up to 912 feet tall, the development on the site of...

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Ford plans mobility testing site behind Michigan Central Station
News 2 months ago
Ford plans mobility testing site behind Michigan Central Station

Mary Culler, Detroit development director for Ford Motor Co. and president of the Ford Motor Company Fund, speaks Wednesday morning at the Detroit...

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BorgWarner to acquire Delphi Technologies
News 2 months ago
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...

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Kresge secures $33.1 million for national loan guarantees backing public investments
News 2 months ago
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...

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Fairlane Town Center owner falls behind on mortgage, works to restructure debt
News 2 months ago
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...

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Vinsetta Garage settles parking dispute with Berkley
News 2 months ago
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...

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State OKs $2.27 million in financing for food-hub project in Detroit's Eastern Market
News 2 months ago
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...

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American Center for Mobility opens Technology Park for development
News 2 months ago
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...

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Wild West-like growth of short-term rentals threatens public safety, business fairness
News 2 months ago
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...

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Michigan lawmakers consider bill that would double self-distribution limit for breweries
News 2 months ago
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...

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WSU board members will continue to target cronyism, corruption
News 2 months ago
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...

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Meijer ends free medication program for metformin, atorvastatin
News 2 months ago
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...

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Business booms at safety compliance labs
News 2 months ago
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...

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Nature and business, no longer in conflict?
News 2 months ago
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...

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Don't forget these skyscrapers
News 2 months ago
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...

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Mergers, acquisitions and new contracts across metro Detroit
News 2 months ago
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...

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'I would love to see people treated as well as we treat our food'
News 2 months ago
'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...

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10 things to do this weekend
News 2 months ago
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...

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Robert Redford brand Sundance to open store at Village of Rochester Hills mall
News 2 months ago
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...

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Industrial market continues to be bright spot in Detroit area real estate
News 2 months ago
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...

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