http://www.crainsdetroit.com http://www.crainsdetroit.com en-us Fri, 18 May 2012 06:00:00 EST 10 144 16 http://www.crainsdetroit.com http://www.crainsdetroit.com/graphics/rss/cdb_logo_rss.gif Fri, 18 May 2012 16:42:59 EST Developers will be courted, once again, to find a new use for the former Michigan State Fairgrounds property near Eight Mile and Woodward in Detroit.
]]> Fri, 18 May 2012 16:22:18 EST The cost of Super Bowl ads has sidelined General Motors Co. ]]> Fri, 18 May 2012 11:01:08 EST The owner of Busy Bee Hardware near Eastern Market has bulldozed the building on Russell Street next to the store to make room for a new parking lot.
]]> Fri, 18 May 2012 10:34:33 EST
Auburn Hills-based Energy Conversion Devices Inc. announced late Thursday afternoon that it had terminated President and CEO Julian Hawkins and Joseph Conroy, executive vice president of operations.]]> Fri, 18 May 2012 13:12:18 EST Public safety and personal management responsibilities threaded through much of the discussion among the "Big 4" panel of regional leaders today at a meeting in Birmingham.
]]> Fri, 18 May 2012 12:35:26 EST
DETROIT (AP) — A member of the team that declared Detroit was in financial stress has been named to a panel helping the city pull through its fiscal crisis.
]]> Fri, 18 May 2012 12:24:44 EST A total of 264 single-family home permits were issued in Macomb, Oakland, Wayne and St. ]]> Fri, 18 May 2012 12:03:18 EST Asterand plc, the struggling Detroit-based supplier of human tissue samples and research services to pharmaceutical and biotechnology companies, said today that negotiations are continuing for its tissue business and... ]]> Thu, 17 May 2012 17:17:39 EST The co-owner of a former Hamtramck physical therapy business will serve four years in federal prison, after pleading guilty to conspiracy to commit health care fraud in a scheme worth nearly $2 million.
]]> Thu, 17 May 2012 14:13:54 EST
The shovels are in the ground for the long-fought-for Gateway Marketplace shopping center, a 350,000 square-foot development at Woodward Avenue and 8 Mile Road.
]]> Thu, 17 May 2012 10:24:56 EST Sandra Rupp, president and CEO of United Way of Washtenaw County, plans to retire late this summer after more than six years at the agency to move closer to family members dealing with medical issues. ]]> Thu, 17 May 2012 13:27:56 EST (WXYZ) - Firefighters are battling flames through the roof of a massive industrial fire in Ferndale.
]]> Thu, 17 May 2012 13:26:48 EST LANSING (AP) — The Michigan Senate has passed legislation that would end pensions for newly hired public school employees and switch them into a 401(k)-style retirement plan.
]]> Thu, 17 May 2012 10:18:47 EST The nonprofit Detroit Sports Commission has launched its first membership benefits program, offering ticket discounts and other benefits.
]]> Thu, 17 May 2012 10:36:44 EST (AP) — An attorney claims a judge and two lawyers involved in a long-running dispute over civil rights pioneer Rosa Parks' estate conspired to drain the estate's cash.
]]> Wed, 16 May 2012 14:42:37 EST
The regional authority operating Cobo Center is $2.5 million ahead of its annual budget projections six months into its fiscal year.
]]> Wed, 16 May 2012 11:36:28 EST
LANSING (AP) — Gov.]]> Wed, 16 May 2012 14:03:13 EST An initiative by SMART, metro Detroit's regional bus system, to encourage the community to use more public transportation has reported a record number of participants in the program.
]]> Wed, 16 May 2012 15:09:53 EST LANSING (AP) — Michigan's budget will have about $300 million more this year than state economists predicted in January, a combination of higher-than-expected tax payments and fewer people receiving Medicaid and other state... ]]> Wed, 16 May 2012 15:04:01 EST LANSING (AP) — The state says Michigan’s jobless rate has reach its lowest level since summer 2008 amid employment gains and stable workforce levels.
]]> Wed, 16 May 2012 12:22:19 EST
Chrysler design chief Ralph Gilles, will join the speaker lineup at the Detroit Regional Chamber’s 2012 Mackinac Policy Conference.
]]> Wed, 16 May 2012 11:59:58 EST The state of Michigan has signed an agreement with Michigan Health Connect, a Grand Rapids-based health information exchange, to allow doctors and hospitals to send electronic child and adult immunization records to the... ]]> Wed, 16 May 2012 11:29:58 EST LANSING (AP) — More online charter schools will be allowed in Michigan under a law signed Tuesday by Gov. ]]> Wed, 16 May 2012 11:27:08 EST DETROIT (AP) — A Democratic state representative from Detroit confirms that she won’t seek re-election as she pursues a race for mayor of Detroit.
]]> Wed, 16 May 2012 15:50:47 EST TriMas Corp. will pay down $50 million of long-term principal on senior secured debt notes due in 2017, the company reported in a recent notice to Bank of New York Mellon Trust Co. ]]> Tue, 15 May 2012 12:54:29 EST
Harold "Red" Poling, the CEO who helped revive Ford Motor Co. after steering the automaker through the recession of the early 1990s, died Saturday in Pacific Grove, Calif., at the age of 86.
]]> Tue, 15 May 2012 13:12:20 EST
The Detroit Symphony Orchestra, Kid Rock and Rock Ventures LLC met their goal to raise $1 million at a concert last weekend.
]]> Tue, 15 May 2012 12:18:35 EST
A real estate brokerage representing Fresard Investments LP is shopping plans for an eight-story hotel in Royal Oak to the city's Downtown Development Authority to gauge its interest in the project.]]> Tue, 15 May 2012 13:53:10 EST
Lithium-ion battery maker A123 Systems Inc. announced today that it lost $125 million in its first quarter because of a recall of defective batteries made at its Livonia plant.
]]> Tue, 15 May 2012 14:12:54 EST LANSING (AP) — State labor officials say they expect the teen unemployment rate will drop slightly this summer as more applicants find work.
]]> Tue, 15 May 2012 13:35:22 EST
The Macomb County Board of Commissioners on Thursday will consider whether to accept or appeal a judge's ruling in favor of County Executive Mark Hackel in a lawsuit over county contracting decisions.]]> Tue, 15 May 2012 13:23:49 EST The Michigan Black Chamber of Commerce today launched a new chapter of its organization in Southfield.
]]> Tue, 15 May 2012 12:43:16 EST LANSING (AP) — The House and Senate fiscal agencies have come out with their revenue estimates ahead of Wednesday’s revenue estimating conference, and the news isn’t all good.
]]> Tue, 15 May 2012 10:50:36 EST DETROIT (AP) — The White House is planning a gathering in Detroit that’s focused on helping urban entrepreneurs.
]]> Tue, 15 May 2012 10:45:35 EST DETROIT (AP) — Michigan is celebrating the opening of a new road designed to get thousands of trucks off secondary streets near the Ambassador Bridge in Detroit.
]]> Tue, 15 May 2012 10:40:37 EST PONTIAC (AP) — Jim O’Rourke has been named publisher of Journal Register Co.’s four Michigan daily newspapers and other operations in the state.
]]> Mon, 14 May 2012 10:19:07 EST
Barbara Gattorn, political, nonprofit and civic leader for most of her 75 years, died Saturday at her home from complications tied to cancer treatment.
]]> Mon, 14 May 2012 14:29:04 EST Sale prices for residential homes in metro Detroit have continued to climb, while the number of sales has dropped, according to data released today.
]]> Mon, 14 May 2012 14:44:35 EST General Motors Co. and Chrysler Group LLC learned some hard lessons during their 2009 bankruptcies, including one taught by their Japanese competitors: Better supplier relations pay dividends. ]]> Mon, 14 May 2012 14:17:23 EST DETROIT (AP) — A former top aide to Wayne County Executive Robert Ficano has pleaded guilty to bribery charges in an ongoing criminal investigation of county government.
]]> Mon, 14 May 2012 13:22:33 EST Southfield-based auto supplier Janesville Acoustics opened a 90,000-square-foot plant in central Mexico last week.
]]> Mon, 14 May 2012 13:00:48 EST More than 110,000 boxes of "Fastball Flakes," featuring the image of Detroit Tigers pitcher Justin Verlander, have been sold since the limited-edition frosted corn flake cereal was launched in February. ]]> Mon, 14 May 2012 12:47:11 EST Brose North America Inc. announced today that it will acquire a former Mopar plant in New Boston.
]]> Mon, 14 May 2012 11:42:53 EST Nathan Forbes, a principal in Rock Gaming LLC, said his firm thinks its new casino in Cleveland will attract about 5 million visitors in its first year and can capture a large part of what Rock Gaming estimates is $1. ]]> Mon, 14 May 2012 10:41:26 EST Residential Capital LLC, the unprofitable mortgage company whose parent, Detroit-based Ally Financial Inc., is trying to repay a U.S. ]]> Sun, 13 May 2012 20:00:00 EST
A big idea that would transform 300 acres near Milan into a housing development for Chinese immigrants faces some major roadblocks.]]> Sun, 13 May 2012 20:00:00 EST
Eric Ersher, founder and CEO of Southfield-based Zoup! Systems LLC, lets his ideas simmer before taking them to market -- and the wait is paying off.]]> Sun, 13 May 2012 20:00:00 EST
The John D.]]> Sun, 13 May 2012 20:00:00 EST For the first time, a nonprofit reinsurance association will exceed $1 billion in yearly assessments on Michigan's insured drivers, since an effort in Lansing to change its cost structure has lost momentum. ]]> Sun, 13 May 2012 20:00:00 EST
Michigan's top public aviation official said it's likely the state could end up subsidizing a portion of the $1 million annual operating deficit of Detroit's Coleman A.]]> Sun, 13 May 2012 20:00:00 EST Companies that do business with the city of Detroit are used to waiting.

The city is notoriously late to pay its bills, often running as much as six months behind. ]]> Sun, 13 May 2012 20:00:00 EST It seems implausible that junk food wouldn't be recession-proof. Yet last week, Hostess Brands Inc. ]]> Sun, 13 May 2012 20:00:00 EST Henry Ford Health System has terminated its patient food service and retail food contract with Aramark Healthcare at all five of its hospitals, effective June 30, Aramark said in an April 25 letter to... ]]> Sun, 13 May 2012 20:00:00 EST For Detroit Police and Fire Retirement System Chairman Sean Neary, the legal trouble surrounding adviser MayfieldGentry Realty Advisors LLC made two things clear -- the reforms he and the current pension... ]]> Sun, 13 May 2012 20:00:00 EST More people could turn out looking to compete for fewer opportunities at the Michigan Defense Industrial Base Expo in Warren this week, since the Michigan Homeland Security Consortium is piggybacking its first Homeland... ]]> Sun, 13 May 2012 20:00:00 EST
David Brophy could have been forgiven for wondering if there'd even be a 10th annual Michigan Growth Capital Symposium, much less the 31st annual event coming up Tuesday and Wednesday in Ypsilanti.]]> Sun, 13 May 2012 20:00:00 EST Eberspaecher North America's price dispute with a tier-two supplier won't affect its ability to receive parts, at least for now.

A federal judge in Detroit has ordered Nelson Global Products Inc. ]]> Sun, 13 May 2012 20:00:00 EST
Michigan companies will have an opportunity to be recognized for their healthy workplace practices in a new awards program.]]> Sun, 13 May 2012 20:00:00 EST
Crain's Cool Places to Work awards returns this year as Cool Places to Work in Michigan, reflecting the expansion of the program from covering businesses in Southeast Michigan to businesses in the entire state.]]> Fri, 11 May 2012 10:01:39 EST DETROIT (AP) — The DTE Energy Foundation will use $750,000 to fund up to 500 summer jobs for youth in Detroit and other communities.
]]> Fri, 11 May 2012 17:11:41 EST Waterford Township-based Pentastar Aviation LLC has been approved to fly direct departures from its executive terminal at Oakland County International Airport to Ronald Reagan Washington National... ]]> Fri, 11 May 2012 13:18:35 EST Henry Ford Health System in Detroit has terminated its patient food service and retail food contract with Aramark Healthcare at all five of its hospitals, effective June 30, Aramark said in an April 25... ]]> Fri, 11 May 2012 11:53:58 EST Eberspaecher North America’s price dispute with a tier-two supplier won’t affect its ability to receive parts, at least for now.
]]> Fri, 11 May 2012 11:35:09 EST DETROIT (AP) — A contractor has pleaded guilty to conspiring to commit fraud with a high-ranking Wayne County official.
]]> Fri, 11 May 2012 10:45:03 EST DEARBORN (AP) — Rail congestion along a Detroit Amtrak route is expected to be alleviated with the addition of a new track to separate the movement of freight and passenger trains.
]]> Fri, 11 May 2012 10:07:13 EST DETROIT (AP) — The Michigan Occupational Safety and Health Administration has levied $107,000 in fines against four companies after the death of a painter who fell while working on the Ambassador... ]]> Thu, 10 May 2012 15:01:21 EST
Gov. Rick Snyder met privately in Windsor this morning with top Canadian and U.S. officials to discuss the proposed publicly owned Detroit River bridge.
]]> Thu, 10 May 2012 13:44:56 EST The Detroit-based Barden Cos. is reportedly trying to sell of the last of the late Don Barden's casino interests: its minority interest in Pittsburgh's Rivers Casino.
]]> Thu, 10 May 2012 15:40:22 EST Highland Park Public Schools Emergency Manager Jack Martin will become the city of Detroit’s new CFO, Detroit Mayor Dave Bing announced today.
]]> Thu, 10 May 2012 14:15:20 EST Detroit now ranks second nationally for year-over-year job growth in the manufacturing sector, according to a study released Wednesday by the Washington, D.C.-based Brookings Institution.
]]> Thu, 10 May 2012 14:52:50 EST Business leaders in Michigan expect the economy to keep growing both in the short and long terms, according to a survey of 80 executives released today by Business Leaders for Michigan.
]]> Thu, 10 May 2012 12:50:02 EST LANSING (AP) — The Michigan Senate has passed a package of bills that would roll back the personal property taxes that businesses pay by hundreds of millions of dollars.
]]> Thu, 10 May 2012 12:10:37 EST LANSING (AP) — State authorities are accusing a Detroit-area man of fleecing people out of $800,000 by posing as someone who could modify their mortgages.
]]> Thu, 10 May 2012 11:58:10 EST LANSING (AP) — The Michigan Department of Transportation says it's using digitally encrypted electronic signatures for construction contractors as part of an effort to save paper and money. ]]> Thu, 10 May 2012 11:20:27 EST The real estate investment firm Oxford Cos. in Ann Arbor will be branching out of commercial real estate with the acquisition of the residential firm Arch Realty.
]]> Wed, 9 May 2012 13:22:31 EST
Former Detroit Mayor Kwame Kilpatrick, former city Treasurer Jeffrey Beasley and MayfieldGentry Realty Advisors LLC, a former adviser to the city's police and fire pension fund, have been charged with federal crimes by...]]> Wed, 9 May 2012 14:49:21 EST A bond issue today for the Detroit Public Schools probably will save even more than the $23 million in accelerated bond payments that were set to begin June 1, under an agreement with Bermuda-based Assured... ]]> Wed, 9 May 2012 12:01:35 EST Royal Realties LLC, the overseas investor group that owns Dearborn's Hyatt Regency Hotel, is in final discussions with two major national hotel brands to take over management of the... ]]> Wed, 9 May 2012 12:33:46 EST Add auto race sponsorship to the portfolio of Detroit online mortgage and real estate investor Dan Gilbert.
]]> Wed, 9 May 2012 10:19:56 EST The headquarters of Post-Newsweek Stations Inc. ]]> Wed, 9 May 2012 09:55:17 EST ALLEN PARK (AP) — Voters in Allen Park defeated a proposal to help cover $2.6 million a year in bond payments for a failed movie studio development.
]]> Wed, 9 May 2012 09:50:19 EST ANN ARBOR (AP) — A research funding effort at the University of Michigan is putting $15 million into the hands of professors to jump-start projects they believe in.
]]> Tue, 8 May 2012 14:13:19 EST
After four years with the Detroit Housing Commission, Executive Director Eugene Jones has taken an offer to head the Toronto Community Housing Corp. and will start work in Canada on June 18.]]> Tue, 8 May 2012 16:20:24 EST LANSING — Domino’s Pizza Inc. President and CEO J. ]]> Tue, 8 May 2012 14:19:22 EST The city of Detroit plans to spend roughly $4.4 million to demolish two eyesores: Shapero Hall, near Detroit's Lafayette Park, and the derelict Arnold Nursing Home, near Seven Mile and Southfield. ]]> Tue, 8 May 2012 11:29:21 EST The chief market strategist for Cincinnati-based Fifth Third Bank presented a rosy economic forecast this morning at a breakfast in Southfield for bank executives and clients of Fifth Third’s investor and wealth... ]]> Tue, 8 May 2012 14:49:24 EST White House economic director Gene Sperling came to Detroit today to present his views on budget policy, what he believes are victories for President Barack Obama during his first term and what he insists is a destructive Republican... ]]> Tue, 8 May 2012 14:02:34 EST ANN ARBOR (AP) — The University of Michigan is getting $1.3 million in federal money to help train and educate the next generation of leaders in the nation’s nuclear industry.
]]> Tue, 8 May 2012 13:59:07 EST DETROIT (AP) — A former top aide to embattled Wayne County Executive Robert Ficano has been charged with bribery as part of an ongoing criminal investigation of county government.
]]> Tue, 8 May 2012 13:26:45 EST Twenty Michigan companies are on the Fortune 500 list of top revenue-generating U.S. companies, with Detroit-based General Motors Co. leading the way.
]]> Tue, 8 May 2012 12:57:00 EST
Livonia-based TRW Automotive Holdings Corp. has introduced an infotainment touch pad that can be molded onto the surface of a vehicle's armrest, steering wheel or instrument panel.
]]> Tue, 8 May 2012 12:36:00 EST One might expect the shortage of nylon 12 — a material used to coat fuel lines and other components — to cause the auto industry to abandon just-in-time parts delivery.
]]> Tue, 8 May 2012 10:52:10 EST Detroit-based Ally Financial Inc., the auto lender majority-owned by taxpayers, has received U.S. ]]> Tue, 8 May 2012 09:55:37 EST DETROIT (AP) — Leaders of Detroit’s long-term planning team say they’re moving closer to recommending a set of options for remaking the city’s neighborhoods.
]]> Mon, 7 May 2012 17:00:34 EST
Auburn Hills-based Energy Conversion Devices Inc.]]> Mon, 7 May 2012 11:11:01 EST
Chicago-based Hyatt Hotels Corp. is ending its longtime management of the Hyatt Regency Hotel in Dearborn, one of the region's largest hotels.
]]> Mon, 7 May 2012 14:48:49 EST People are more optimistic about the country’s economic outlook, according to a study released today by Walsh College in Troy.
]]> Mon, 7 May 2012 13:36:42 EST Sterling Heights-based General Dynamics Land Systems and a Missouri defense contractor will divide $43. ]]> Mon, 7 May 2012 12:32:12 EST YPSILANTI (AP) — Two Southeast Michigan school systems would turn into one under a proposal that could go before voters in the Ypsilanti and Willow Run school districts.
]]> Sun, 6 May 2012 20:00:00 EST
Last week's murder of Faraj "Fred" Dally brought to the forefront once again the danger owners of small stores sometimes face doing business in and near Detroit.]]> Sun, 6 May 2012 20:00:00 EST
Andra Rush has a history of capitalizing on opportunities -- from growing a meager trucking company funded by personal credit cards into a $115 million operation to creating an interiors joint venture with Canadian supplier Magna...]]> Sun, 6 May 2012 20:00:00 EST The U.S. Patent and Trademark Office in Detroit probably will spur much more local job growth than the 120 government positions it will create directly. ]]> Sun, 6 May 2012 20:00:00 EST A $400 million Canadian effort to build a larger commercial train tunnel underneath the Detroit River could become a casualty in the ongoing war swirling around construction of a public bridge over the waterway. ]]> Sun, 6 May 2012 20:00:00 EST
Poor stock market performance, rising expenses and the cost of charity care led to drops in net income for five of Southeast Michigan's six hospital-based systems in 2011.]]> Sun, 6 May 2012 20:00:00 EST
The Toronto-based investor who bought the Pontiac Silverdome in 2010 has purchased the historic Penobscot Building in Detroit.]]> Sun, 6 May 2012 20:00:00 EST A consortium of companies including Rockford-based Wolverine World Wide Inc. announced last week that it plans to acquire Collective Brands Inc. for nearly $2 billion, including the assumption of debt.
]]> Sun, 6 May 2012 20:00:00 EST The Detroit Symphony Orchestra has hired Yoonshin Song as its new concertmaster.

Song, 30, currently a member of the St. ]]> Sun, 6 May 2012 20:00:00 EST In an effort to attract more customers 21 and older, AMC Inc. is seeking a liquor license for its Sterling Heights movie theater. ]]> Sun, 6 May 2012 20:00:00 EST
Novi-based Trinity Health-Michigan has signed a 31/2-year contract with Blue Cross Blue Shield of Michigan to develop a coordinated approach to managing patient care and create quality measurements that...]]> Sun, 6 May 2012 20:00:00 EST
A hearing will be held Wednesday in U.S. Bankruptcy Court in Detroit on a brief filed by a former Energy Conversion Devices Inc.]]> Sun, 6 May 2012 20:00:00 EST The Detroit Regional Chamber's 2012 Mackinac Policy Conference will focus on collaboration, revitalization and making Detroit globally competitive, according to details about the conference agenda released last week. ]]> Sun, 6 May 2012 20:00:00 EST The Detroit Police and Fire Retirement System plans to file suit against Detroit-based realty firm MayfieldGentry LLC to recoup funds the firm used to buy properties in California. ]]> Sun, 6 May 2012 20:00:00 EST Crain's Detroit Business is launching the CIO Awards, a recognition of the top technology executives in metro Detroit. ]]> Fri, 4 May 2012 11:44:05 EST The company that leases and manages Freedom Hill Amphitheatre in Sterling Heights plans to host its first summer concert season since 2009 after resolving a long-simmering dispute with Macomb County. ]]> Fri, 4 May 2012 13:38:09 EST Southeast Michigan defense contractors could get a lifeline in an upcoming lean period for new vehicles if the U.S. ]]> Fri, 4 May 2012 14:02:06 EST LANSING — Entrepreneurial degrees, classes, clubs and competitions are on the rise at all 15 Michigan public universities, a development that officials say bodes well for community and economic development, a survey has found. ]]> Fri, 4 May 2012 13:27:54 EST CHEBOYGAN (AP) — Flint-based McLaren Health Care Corp. is changing the name of the former Cheboygan Memorial Hospital as it prepares to restore some services there.
]]> Fri, 4 May 2012 12:06:55 EST DETROIT (AP) — Detroit says it's negotiating with a company that wants to return commercial passenger service to Coleman A. Young International Airport.
]]> Thu, 3 May 2012 14:37:50 EST In 2008, a subsidiary of Detroit realty adviser Mayfield Gentry LLC used $3. ]]> Thu, 3 May 2012 13:01:36 EST Nashville-based Vanguard Health Systems Inc. ]]> Thu, 3 May 2012 13:30:13 EST Federal authorities charged 107 people with Medicare fraud in a multistate operation including the Detroit area, officials in Washington announced. The alleged schemes involved about $452 million in false billing. ]]> Thu, 3 May 2012 10:30:35 EST ANN ARBOR (AP) — The University of Michigan is setting up shop in California, with an MBA program being run out of a Beverly Hills hotel.
]]> Thu, 3 May 2012 17:35:50 EST Novi-based Trinity Health-Michigan has signed a 3 1/2-year contract with Blue Cross Blue Shield of Michigan to develop a coordinated approach to managing patient care and create quality measurements that... ]]> Thu, 3 May 2012 14:12:33 EST
AMC Inc. seeks a liquor license for its Sterling Heights movie theater in an effort to attract more customers over age 21.
]]> Thu, 3 May 2012 13:59:54 EST The Detroit Athletic Club will host the U.S.-based Pro Squash Tour's three-day 2012 World Championship Tournament starting Friday.
]]> Thu, 3 May 2012 13:50:43 EST
The Detroit Regional Chamber's 2012 Mackinac Policy Conference will focus on collaboration, revitalization and making Detroit globally competitive — all with a statewide emphasis.]]> Thu, 3 May 2012 13:06:13 EST TriMas Corp. is raising $83 million for possible acquisitions, debt retirement or working capital through a public offering of 4 million new shares this week.
]]> Thu, 3 May 2012 12:38:25 EST Rockwell Medical Technologies Inc., a Wixom-based biopharmaceutical research and development company, reported a sharp increase in its net loss in the first quarter.
]]> Wed, 2 May 2012 12:46:55 EST The latest circulation numbers for metro Detroit's daily newspapers reveal a mixed bag of results, with some increasing subscribers — thanks to new circulation accounting rules — and others in decline. ]]> Wed, 2 May 2012 14:42:35 EST
PricewaterhouseCoopers LLP announced this afternoon that it has signed a letter of intent to take over 70,000 square feet of space in One Detroit Center and move out of its current...]]> Wed, 2 May 2012 17:11:04 EST Detroit-based DTE Energy Co. will award up to $250,000 for one or more ideas in energy efficiency.
]]> Wed, 2 May 2012 13:50:32 EST
Gene Sperling, the top economic adviser for President Barack Obama, will speak Tuesday at the Jewish Council for Public Affairs Plenum, a policy conference in the Renaissance Center.]]> Wed, 2 May 2012 11:26:22 EST DETROIT (AP) — Unions angry that Detroit is trying to mend its financially-battered books by laying off hundreds of workers and imposing steep contract concessions on those who remain are considering an illegal strike. ]]> Wed, 2 May 2012 13:00:47 EST DETROIT — Automakers and suppliers have set up a system to test possible replacements for nylon 12, which will speed development of parts using other materials and reduce the potential for auto production slowdowns. ]]> Wed, 2 May 2012 12:30:25 EST b>Business Leaders for Michigan is holding a summit in Lansing on Monday to share strategies on how the state’s higher education institutions can help economic development.
]]> Wed, 2 May 2012 05:15:00 EST
Huntington National Bank will expand its presence in Michigan significantly by opening more than 80 branches inside Meijer Inc. stores across the state in the coming years.
]]> Wed, 2 May 2012 10:28:59 EST The National Baptist Congress plans to bring its annual conference and an estimated 5,000 people to Detroit in June.
]]> Wed, 2 May 2012 10:20:08 EST Great Lakes Caring, a Jackson-based home health and hospice agency, is expected to hire 95 nurses and therapists in Michigan and 70 in Indiana and Ohio over the next several months to bring this year's total to 325 new... ]]> Wed, 2 May 2012 09:50:52 EST LANSING (AP) — Opponents of a recently approved plan to allow more online charter schools in Michigan failed to garner enough votes to reconsider it Tuesday in the House, sending the measure on to the Senate for likely final... ]]> Wed, 2 May 2012 09:45:09 EST OXFORD TOWNSHIP (AP) — Authorities say a worker suffered severe burns when a hydraulic forge press he was using exploded.
]]> Tue, 1 May 2012 10:22:28 EST Troy-based Flagstar Bancorp Inc. reported a sharply reduced first-quarter loss after the close of the markets Monday night and said it expects to be back in the black by the end of this year.
]]> Tue, 1 May 2012 22:04:26 EST After acquiring Delphos, Ohio-based I&K Distributors Inc. in April, food distributor Lipari Foods Inc. is shuttering the plant and consolidating its operations in Lipari's Warren headquarters.
]]> Tue, 1 May 2012 21:50:31 EST The Michigan House Health Policy Committee will hold a hearing at 9 a.m. ThursdayMay 3 to discuss the state’s certificate-of-need regulatory process for approving new hospitals, medical services and equipment. ]]> Tue, 1 May 2012 11:41:52 EST Ten community health centers in Michigan, including four in Southeast Michigan, will receive $19.6 million in capital grants for construction from the federal Patient Protection and Affordable Care Act of 2010.
]]> Tue, 1 May 2012 14:28:03 EST DETROIT — General Motors Co. plans to cut about a quarter of the workers at its research and development facility at the Warren Technical Center, part of a broader reorganization of its R&D operation. ]]> Tue, 1 May 2012 14:19:46 EST DETROIT (AP) — The former chair of the Associated Food and Petroleum Dealers was gunned down during an apparent robbery outside his Detroit liquor store.
]]> Tue, 1 May 2012 12:41:46 EST Tue, 1 May 2012 13:54:51 EST The Urban Partnership Bank held the grand opening of its Midtown branch this morning. ]]> Tue, 1 May 2012 13:45:17 EST Four Southeast Michigan businesses were ranked among the top 50 fastest-growing companies owned or led by women, according to an annual list released by the New York-based Women Presidents’ Organization and... ]]> Tue, 1 May 2012 13:21:28 EST A new and improved Community Health and Social Services health center will hold a tour and ribbon-cutting ceremony noon Wednesday with Detroit Mayor Dave Bing and several other health care executives. ]]> Mon, 30 Apr 2012 12:17:01 EST
Detroit's historic Pewabic Pottery has named Barbara Sido its new executive director.
]]> Mon, 30 Apr 2012 14:10:48 EST
Auburn Hills-based Chrysler Group LLC said today that it will commit $3 million over five years toward the mostly privately funded $137 million downtown Detroit streetcar project.
]]> Mon, 30 Apr 2012 14:55:20 EST Asterand plc, the longtime anchor tenant at Detroit’s TechTown, announced in its annual report today that for the year ending Dec. ]]> Mon, 30 Apr 2012 09:49:47 EST ]]> Mon, 30 Apr 2012 14:29:25 EST The Great Indoors, an anchor tenant at the 77-acre Twelve Mile Crossing at Fountain Walk in Novi, will close its doors June 16 and lay off 81 employees as part of a plan by Hoffman Estates, Ill. ]]> Mon, 30 Apr 2012 13:07:03 EST The John D. ]]> Mon, 30 Apr 2012 11:47:39 EST
Say goodbye to the Dime Building.
]]> Mon, 30 Apr 2012 12:37:51 EST The African World Expo, a forum to encourage business between the U.S. and Africa, will take place Wednesday at Cobo Center. ]]> Mon, 30 Apr 2012 10:51:28 EST
Lawrence Technological University today named Virinder Moudgil its seventh president, replacing Lewis Walker.
]]> Sun, 29 Apr 2012 20:00:00 EST
Phil Incarnati hasn't needed a PowerPoint presentation or slew of executive assistants to sell his affiliation proposals to any of the 10 hospitals or medical groups that have joined nonprofit McLaren Health Care Corp.]]> Sun, 29 Apr 2012 19:37:41 EST
Dan Knott, who as Chrysler Group purchasing boss restored the automaker's reputation with suppliers, died today just over two weeks after taking medical retirement. He was 51.
]]> Sun, 29 Apr 2012 20:00:00 EST
Fears linked to November's election, street crime, civil unrest, doomsday prophecies and even a zombie apocalypse have metro Detroiters buying firearms at a brisk pace.]]> Sun, 29 Apr 2012 20:00:00 EST Hewlett-Packard Co. could add more than 200 jobs in Pontiac over the next four years after enrolling in part of a $5 million grant program awarded to Troy-based Automation Alley to train new workers. ]]> Sun, 29 Apr 2012 20:00:00 EST
LANSING -- An effort by Ambassador Bridge owner Manuel "Matty" Moroun to require a statewide public vote on any new state-backed bridge or tunnel to Canada adds to the list of petition drives that business groups are watching and...]]> Sun, 29 Apr 2012 20:00:00 EST
Insurance agents and brokers in Michigan received more bad news as Blue Cross Blue Shield of Michigan and Blue Care Network said last week that they no longer will pay commissions to agents or brokers...]]> Sun, 29 Apr 2012 20:00:00 EST
Every year, the Detroit Regional Chamber's Mackinac Policy Conference brings together federal, state and local lawmakers, business leaders and members of the nonprofit and philanthropic communities.]]> Sun, 29 Apr 2012 20:00:00 EST Amway scion and ArtPrize founder Rick DeVos has launched a new venture capital fund that blends elements of elevator-pitch competitions, business mentoring and community engagement. ]]> Sun, 29 Apr 2012 20:00:00 EST Hybrid and electric powertrain supplier Azure Dynamics Corp. has closed its Oak Park headquarters and laid off its final 50 local employees after filing for bankruptcy last month. ]]> Sun, 29 Apr 2012 20:00:00 EST
Automotive executives expect the industry to avoid shutdowns from the shortage of an ingredient used in resins for fuel lines, brake lines and other plastic products.]]> Sun, 29 Apr 2012 20:00:00 EST Taubman Centers Inc. has announced plans to work with one of the nation's largest privately held real estate companies on a $315 million mall in Sarasota, Fla. ]]> Sun, 29 Apr 2012 20:00:00 EST
The financial stability agreement signed by the state and the city of Detroit has a laundry list of reform objectives designed to balance the city's budget and improve its service delivery.]]> Sun, 29 Apr 2012 20:00:00 EST
The Renaissance Venture Capital Fund is expected to announce today that it has had a first close of $60 million on its second fund and broadened the geographic scope of its investors from a reliance on Southeast...]]> Sun, 29 Apr 2012 20:00:00 EST
LANSING -- The Michigan Office of Regulatory Reinvention recommends deregulating 18 occupations and eliminating nine occupational boards as part of its ongoing effort to reduce red tape in state government.]]> Sun, 29 Apr 2012 20:00:00 EST
The corporate downsizing that hurt most metro Detroit businesses has turned out to be a growth opportunity for Corporate Fleet Services Inc.]]> Sun, 29 Apr 2012 20:00:00 EST
The Motor City is looking to the Queen City when it comes to downtown streetcars.

The choice of vehicles also may save Elmo, Snoopy and Captain Underpants parade floats.]]> Sun, 29 Apr 2012 20:00:00 EST LANSING -- Two housing and community development-related online resources were launched last week during the Building Michigan Communities Conference. ]]> Sun, 29 Apr 2012 20:00:00 EST
Blowing the whistle early on securities law violations to the U.S.]]> Sun, 29 Apr 2012 20:00:00 EST Houston-based Enbridge Energy Partners LP plans to invest $1. ]]> Sun, 29 Apr 2012 20:00:00 EST The climate for developers and entrepreneurs in Detroit has improved, panelists at the Detroit Regional Chamber's Detroit Business Conference said last week, but the elimination of state tax credits has hampered... ]]> Sun, 29 Apr 2012 20:00:00 EST A truck terminal in Troy that has been vacant for more than a decade is being repurposed by Thomasville, N.C.-based Old Dominion Freight Line Inc. ]]> Sun, 29 Apr 2012 20:00:00 EST A U.S. ]]> Sun, 29 Apr 2012 20:00:00 EST
McLaren Health Care Corp. is putting on a full-court press with Michigan legislators to win support for its proposal to build a $308 million hospital in Oakland County's Independence Township.]]> Sun, 29 Apr 2012 20:00:00 EST Crain's Detroit Business is launching the CIO Awards, a recognition of the top technology executives in metro Detroit. ]]> Sun, 29 Apr 2012 20:00:00 EST
Crain's Detroit Business is seeking nominations for Health Care Heroes, a special report on health care professionals that will run in the Sept. 10 issue.]]> Sun, 29 Apr 2012 20:00:00 EST
Crain's Cool Places to Work awards returns this year as Cool Places to Work in Michigan, reflecting the expansion of the program from covering businesses in Southeast Michigan to businesses in the entire state.]]> Fri, 27 Apr 2012 12:23:00 EST Hybrid and electric powertrain supplier Azure Dynamics Corp. has closed its Oak Park headquarters and laid off its final 50 local employees after filing for bankruptcy last month.
]]> Fri, 27 Apr 2012 17:17:19 EST
Henry Baskin, a high-profile attorney and chairman of the Oakland University board of trustees, will not contest one of the misconduct allegations involving a past romance with a client and next month could face a brief...]]> Fri, 27 Apr 2012 13:15:16 EST DETROIT (AP) — Quicken Loans Inc. will hold a career fair at its Detroit headquarters as the online mortgage lender looks to add more than 1,000 employees.
]]> Fri, 27 Apr 2012 17:00:46 EST DeadlineDetroit.com, a local news site containing both original reporting and aggregated content, went live this morning.
]]> Fri, 27 Apr 2012 16:33:55 EST Detroit Mayor Dave Bing has made two more appointments to the city’s nine-member financial advisory board.
]]> Fri, 27 Apr 2012 12:50:50 EST Following strong first-quarter earnings, Taubman Centers Inc. this week announced plans to work with one of the nation's largest privately held real estate companies on a $315 million mall in Sarasota, Fla. ]]> Fri, 27 Apr 2012 12:04:06 EST Flint-based Citizens Republic Bancorp Inc. reported its fourth straight quarter in the black after the markets closed Thursday, ]]> Fri, 27 Apr 2012 11:16:06 EST
John Bizon, M.D., a Battle Creek otolaryngologist, will be inducted as president of the Michigan State Medical Society at Saturday’s House of Delegates meeting in Dearborn.
]]> Thu, 26 Apr 2012 16:07:46 EST A company touting up to 183 jobs and $18.6 million in investment plans to set up shop in Detroit.
]]> Thu, 26 Apr 2012 16:55:17 EST
The Detroit Tigers today unconditionally released infielder Brandon Inge after 12 seasons, ending the Motown career of a player who had become a flashpoint of intense criticism from fans and baseball pundits.]]> Thu, 26 Apr 2012 13:45:39 EST A second executive at Japanese automotive supplier Denso Corp. will plead guilty to a conspiracy charge filed today in the ever-widening crackdown on price-fixing in several segments of the auto supply chain. ]]> Thu, 26 Apr 2012 13:11:42 EST
Election campaigns for the Michigan Supreme Court need more oversight, less partisanship, greater campaign finance disclosure and accessible information for voters if they are to remain elections at all, a panel of...]]> Thu, 26 Apr 2012 12:38:38 EST
LANSING — A tie vote by the Board of State Canvassers today means a measure that would repeal Michigan's emergency manager law will not go on November's ballot, barring a successful court appeal.]]> Thu, 26 Apr 2012 14:55:38 EST What's it going to take for Southeast Michigan to become a truly collaborative region?
]]> Thu, 26 Apr 2012 13:26:12 EST DETROIT — Nick Reilly, who retired as president of GM Europe this year, has been named by Warren-based MSX International Inc. as chairman of its Asia-Pacific region.
]]> Thu, 26 Apr 2012 12:22:50 EST The Michigan Business Activity Index jumped four points in February to 102, the highest since April 2005 and 42 points, or 70 percent, above the low reached during the recession.
]]> Thu, 26 Apr 2012 12:09:37 EST BorgWarner Inc. reported strong quarterly growth in North American sales, aided by increased sales in its drivetrain segment.
]]> Thu, 26 Apr 2012 10:57:23 EST Chrysler Group LLC, the automaker controlled by Fiat S.p.A., will let its operating agreement with Detroit-based Ally Financial Inc. ]]> Thu, 26 Apr 2012 10:55:07 EST DETROIT (AP) — A popular Detroit prom destination is taking a stand on what it considers inappropriate attire.
]]> Wed, 25 Apr 2012 08:54:08 EST
Detroit's Downtown Development Authority is set to name the developer today of the Capitol Park project, the redevelopment of three vacant buildings near the Westin Book Cadillac hotel.
]]> Wed, 25 Apr 2012 11:53:16 EST
Michigan Attorney General Bill Schuette is leading an effort by 19 other state attorneys general and the governor of Iowa to overturn tough mercury pollution standards that the U.S.]]> Wed, 25 Apr 2012 12:21:00 EST A newly released study estimates savings of $100,000 per Detroit child each year if that child starts kindergarten ready to learn.
]]> Wed, 25 Apr 2012 10:40:13 EST The Macomb County Board of Commissioners voted Tuesday night to start the process that will put the millage that the Detroit Institute of Arts seeks on the August ballot.
]]> Wed, 25 Apr 2012 14:42:04 EST The Board of State Canvassers will decide whether a repeal of Public Act 4 — the state's emergency manager law — will appear on the November ballot.
]]> Wed, 25 Apr 2012 17:01:24 EST A truck terminal in Troy that has been vacant for more than a decade is being repurposed by Thomasville, N.C.-based Old Dominion Freight Line Inc.
]]> Wed, 25 Apr 2012 16:38:59 EST Southfield-based AlixPartners LLP, a global advisory services and restructuring firm, announced today that a majority share in the company has been bought by London-based CVC Capital Partners. ]]> Wed, 25 Apr 2012 14:46:42 EST Blowing the whistle early on securities law violations to the U.S. ]]> Wed, 25 Apr 2012 14:33:02 EST DETROIT (AP) — A federal judge has been asked to dismiss a lawsuit involving a T-shirt maker's use of the "Imported from Detroit" slogan made popular by Chrysler's 2011 Super Bowl ad featuring rap superstar Eminem. ]]> Wed, 25 Apr 2012 13:13:39 EST BLOOMFIELD HILLS (AP) — Penske Automotive Group Inc. said today that its first-quarter profit jumped 38 percent, as higher consumer demand for cars and trucks boosted its sales.
]]> Wed, 25 Apr 2012 12:36:30 EST DETROIT (AP) — About two dozen people chanting "pay your fair share" were escorted from the General Electric Co. ]]> Wed, 25 Apr 2012 12:31:15 EST SUPERIOR TOWNSHIP (AP) — Plans are moving forward for Hyundai Motor Co. to build a Michigan testing facility to help examine the effects of extreme hot and cold temperatures for vehicle development. ]]> Wed, 25 Apr 2012 11:35:14 EST EAST LANSING (AP) — Fewer people died in Michigan workplaces last year compared with 2010, according to a Michigan State University report.
]]> Wed, 25 Apr 2012 11:25:20 EST WYANDOTTE (AP) — A former state-appointed emergency manager who oversaw Pontiac's finances for more than a year says Michigan's emergency manager law is destined to fail.
]]> Wed, 25 Apr 2012 11:19:44 EST DETROIT (AP) — Executives from four auto parts companies said Tuesday that they don’t expect widespread fallout from a shortage of a key ingredient in plastic resin after a factory explosion.
]]> Wed, 25 Apr 2012 10:50:18 EST
The climate for developers and entrepreneurs in Detroit has improved, panelists at the Detroit Regional Chamber's Detroit Business Conference said Tuesday, but the elimination of state tax credits has hampered...]]> Tue, 24 Apr 2012 16:50:01 EST The point man for the financial revitalization of the nation's capital in the 1990s had some advice for a city for which the financial challenge is just beginning.
]]> Tue, 24 Apr 2012 14:02:39 EST The Michigan Theater in Ann Arbor will hold a new international film festival called Cinetopia May 31 through June 3.
]]> Tue, 24 Apr 2012 09:24:55 EST The auto industry may soon have a strategy to avoid vehicle production interruptions that could be caused by the critical shortage of a key resin used in a variety of components.
]]> Tue, 24 Apr 2012 12:02:31 EST General Electric Co. announced on Monday that it will add 300 jobs at its Advanced Manufacturing and Software Technology Center in Van Buren Township.
]]> Tue, 24 Apr 2012 10:19:36 EST
Auburn Hills-based Energy Conversion Devices Inc. has delayed the auction previously scheduled for 10 a.m. today for the assets of its United Solar Ovonic LLC subsidiary.]]> Mon, 23 Apr 2012 17:59:41 EST The private sector organizers of a $137 million streetcar plan for Woodward Avenue say they will subsidize its operational funding for up to 10 years — potentially satisfying one of the project's biggest question marks and... ]]> Mon, 23 Apr 2012 11:52:28 EST Thomson Reuters has signed a definitive agreement to sell its Ann Arbor-based health care data, analytics and performance benchmarking business to private-equity investor Veritas Capital for $1. ]]> Mon, 23 Apr 2012 14:55:08 EST The financial stability agreement that sets the course for Detroit's future has been signed, but the real work of reforming the city's broken budget and service delivery is just beginning.
]]> Mon, 23 Apr 2012 16:46:48 EST Fujikura Ltd. on Monday became the fifth Japanese automotive supplier to reach a plea agreement in Detroit with the U.S. ]]> Mon, 23 Apr 2012 13:39:14 EST The assets of Ann Arbor import car sales group Howard Cooper Imports will be sold to Columbus, Ohio-based Germain Motor Co. under the terms of an agreement announced today.
]]> Mon, 23 Apr 2012 10:58:49 EST DETROIT (AP) — The Detroit Fire Department could adjust to a looming 15 percent budget cut by allowing some abandoned buildings burn to the ground, according to the city’s top fire official. ]]> Mon, 23 Apr 2012 10:45:18 EST DETROIT (AP) — The administration of Detroit Mayor Dave Bing has laid out a budget proposal that would cut more than 2,500 jobs and shave $250 million from the city’s annual expenses.
]]> Sun, 22 Apr 2012 20:00:00 EST
Losing has proved to be financially painful for the Detroit Pistons.]]> Sun, 22 Apr 2012 20:00:00 EST Michigan's high-growth, entrepreneurial private companies may be more likely to employ women in key leadership roles than the state's largest publicly held corporations, a new report indicates. ]]> Sun, 22 Apr 2012 20:00:00 EST
The Detroit Institute of Arts plans to borrow a page from the Detroit Zoo's playbook when it comes to long-term funding: It's seeking a regional millage that would require approval from voters in Wayne,...]]> Sun, 22 Apr 2012 20:00:00 EST
Visteon Corp.'s sale of its headquarters building in Van Buren Township isn't just a benefit for the company. It's being viewed as a good sign for metro Detroit real estate transactions as well.]]> Sun, 22 Apr 2012 20:00:00 EST
A subsidiary of Detroit-based Hospice of Michigan has signed a three-year contract to help manage the sickest patients in Detroit Medical Center's new accountable-care organization, Michigan...]]> Sun, 22 Apr 2012 20:00:00 EST
An aggressive social media strategy -- and some serious drag-racing street cred -- is helping Dan Millen, co-owner of Dearborn Heights-based Livernois Motorsports and Engineering LLC, increase the company's revenue and...]]> Sun, 22 Apr 2012 20:00:00 EST Mackinac Financial Corp., a bank holding company based in Manistique in the Upper Peninsula, hopes to use an investment from a legendary hedge fund manager to jumpstart its expansion plans. ]]> Sun, 22 Apr 2012 20:00:00 EST
Southfield-based Jaffe Raitt Heuer & Weiss PC has appointed Bill Sider to succeed Richard Zussman as CEO and managing partner.]]> Sun, 22 Apr 2012 20:00:00 EST The Salamon Group Inc., a Modesto-Calif.-based builder and manager of renewable energy projects that made an offer last week to buy the shares of Auburn Hills-based Energy Conversion Devices Inc. ]]> Sun, 22 Apr 2012 20:00:00 EST
Banner Sign Co. Inc.]]> Sun, 22 Apr 2012 20:00:00 EST The makers of Stainmaster carpet may help prevent a shutdown of automotive production resulting from a recent shortage of resin. ]]> Sun, 22 Apr 2012 20:00:00 EST A biomass plant could be coming to Pontiac. ]]> Sun, 22 Apr 2012 20:00:00 EST
St. Clair Shores-based Kmed LLC expects to reach revenue of $1 million for the first time this year, after acquiring six new customers in the new health care inventory services division it launched last month.]]> Sun, 22 Apr 2012 20:00:00 EST The Detroit Lions will spend some money this week on new talent, but not as much as in the past.

The National Football League's annual college draft begins at 8 p.m. ]]> Sun, 22 Apr 2012 20:00:00 EST Michigan's three Amtrak lines will get up to 25 new bi-level passenger rail cars worth $106 million, under a federal plan announced Friday. ]]> Sun, 22 Apr 2012 20:00:00 EST Crain's Detroit Business and several members of its newsroom staff received accolades in the 2011 Excellence in Journalism awards of the Detroit chapter of the Society of Professional Journalists. ]]> Sun, 22 Apr 2012 20:00:00 EST
The deadline to nominate someone for Crain's Salute to Entrepreneurs awards program has been moved to April 30.]]> Sun, 22 Apr 2012 20:00:00 EST
Crain's Detroit Business is seeking nominations for Health Care Heroes, a special report on health care professionals that will run in the Sept. 10 issue.]]> Sun, 22 Apr 2012 20:00:00 EST
Crain's Cool Places to Work awards return this year as Cool Places to Work in Michigan, reflecting the expansion of the program from covering businesses in Southeast Michigan to businesses in the entire state.]]> Sun, 22 Apr 2012 20:00:00 EST Crain's Detroit Business is launching the CIO Awards, a recognition of the top technology executives in metro Detroit. ]]> Fri, 20 Apr 2012 12:51:11 EST The SHAR Foundation's job-creating urban farming project planned for Detroit has received a $1 million grant from the Fred A. & Barbara Erb Family Foundation.
]]> Fri, 20 Apr 2012 18:26:32 EST
DETROIT (AP) — Owners of the Ambassador Bridge say they are backing a statewide ballot proposal that would prohibit Michigan from developing a new U.S.-to-Canada bridge or tunnel unless voters approve.]]> Fri, 20 Apr 2012 17:32:13 EST Michigan's three Amtrak lines will get up to 25 new bi-level passenger rail cars worth $106 million under a federal plan announced today.
]]> Fri, 20 Apr 2012 17:42:37 EST Reddy Ice Holdings Corp. expects to give a group of shareholders $1 million and a group of retailers nothing to wrap up two long-running federal lawsuits in Detroit, under its plan of reorganization entered in U. ]]> Fri, 20 Apr 2012 14:08:04 EST Pontiac Emergency Manager Louis Schimmel could return the city to its elected officials by year's end, after Oakland County raises $55 million in an upcoming bond sale that will retire much of the city's debt.
]]> Fri, 20 Apr 2012 14:14:04 EST The "Big 4" panel at the annual Eight Mile Boulevard Association Leadership Luncheon was filled with consensus and light on rancor, barring the now-traditional banter between Oakland County Executive L. ]]> Fri, 20 Apr 2012 13:52:10 EST CVC Capital Partners Ltd. ]]> Fri, 20 Apr 2012 13:10:14 EST The Michigan Supreme Court has declined to hear an appeal over alleged secret meetings of the financial review board formed to address Detroit's fiscal crisis, according to a court order.
]]> Fri, 20 Apr 2012 12:59:38 EST Europe’s auto production probably will be disrupted first if carmakers can’t find alternative resins used to make fuel systems and brake lines, according to a Credit Suisse Group AG report. ]]> Fri, 20 Apr 2012 11:38:15 EST The U.S. auto safety regulator said it will hold a forum on lithium-ion batteries in electric cars next month, almost a year after a Chevrolet Volt caught fire after crash-testing.
]]> Fri, 20 Apr 2012 11:33:17 EST ROYAL OAK (AP) — The Detroit Zoo has a part to play in a movie screening Monday at the Tribeca Film Festival in New York City.
]]> Fri, 20 Apr 2012 11:30:32 EST LANSING (AP) — The Michigan Supreme Court says it won’t take up a case over whether Detroit officials could enter into a financial oversight deal with the state.
]]> Thu, 19 Apr 2012 12:23:37 EST The Detroit Institute of Arts is heading back to the Macomb County Board of Commissioners on Friday to try again to get a millage proposal before voters in August.
]]> Thu, 19 Apr 2012 12:38:47 EST After months of meetings to sway city officials, Goodwill Industries of Greater Detroit on Wednesday night received approval to put its second upscale thrift store in Dearborn.
]]> Thu, 19 Apr 2012 12:11:58 EST Michigan business owners are more optimistic about the state’s economy than the national economy over the next six months, according to a study released today by PNC Financial Services Group Inc. ]]> Thu, 19 Apr 2012 17:53:07 EST The University of Michigan Board of Regents today approved a $163 million expansion to renovate the former Mott Hospital and part of University Hospital into a neuroscience facility to treat diseases of the brain and... ]]> Thu, 19 Apr 2012 14:55:35 EST A biomass plant could be coming to Pontiac.
]]> Thu, 19 Apr 2012 13:56:21 EST DETROIT (AP) — Three business leaders — including Michigan's former state treasurer — have been appointed to an advisory board that will monitor Detroit's budget and fiscal turnaround, the governor's office announced... ]]> Thu, 19 Apr 2012 14:17:15 EST Flint-based Citizens Republic Bancorp Inc. ]]> Thu, 19 Apr 2012 13:38:36 EST Art Van Furniture Inc. wants to take its furniture stores into Chicago as part of a plan to expand outside Michigan.
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