Latest Detroit News
05/21/12 Taubman Centers Inc. is close to announcing its first retail investment in China, Chairman and CEO Robert Taubman said.
05/21/12 Tim Marshall, the president and CEO of the Bank of Ann Arbor, was named chairman of Ann Arbor Spark today at the economic development organization’s annual board meeting.
05/21/12 The Detroit Red Wings' ownership reportedly has selected Dallas-based HKS Inc. as the architect for a new downtown hockey arena.
05/21/12 Sandra Pierce, president and CEO of Charter One Bank in Michigan, will step down from the post June 30 to "pursue interests in the private sector outside of banking," Charter One's parent company, RBS Citizens Financial Group Inc., announced today.
05/21/12 Construction is set to begin on a rooftop bar called Topless, which will be built on top of The Detroit Pub on the outskirts of Greektown at 1326 Brush St.
05/21/12 DETROIT (AP) — Saying the public needs closure, a federal judge is refusing to delay the September corruption trial of former Detroit Mayor Kwame Kilpatrick and his father.
05/21/12 Art Van Furniture Inc. has entered into an agreement to purchase a former theater complex near Toledo in its first move to expand the furniture chain outside Michigan.
05/21/12 How did an idea turn into a product with $1 billion in annual sales?
05/21/12 A Fitch Ratings analysis of not-for-profit children's hospitals found that liquidity and operating margins improved between 2009 and 2011.
05/21/12 DETROIT (AP) — Strategy sessions on the future of Detroit neighborhoods are scheduled at various locations across the city this week.
05/21/12 EAST CHINA TOWNSHIP (AP) — DTE Energy Co. says an explosion in a coal bunker at its St. Clair Power Plant left one worker with a minor injury and caused minor damage at the plant.
05/21/12 Crain's Publisher Mary Kramer and Paul W. Smith of WJR AM 760 talk about Michigan's more explosive — and potentially more lucrative — fireworks law. Also: What GM's decision to stop advertising on Facebook really means.
05/20/12
05/20/12 Players in metro Detroit's advertising industry remain mostly bullish on Facebook Inc.'s usefulness as a paid marketing tool despite news last week that one of the biggest advertisers around has lost faith in the social media giant's utility as a sales platform.
05/20/12 Employers in Southeast Michigan expect to hold health care cost increases to 6 percent this year -- close to the national average of 5.7 percent and down from 8 percent in 2011, according to Troy-based McGraw Wentworth's ninth annual Southeast Michigan Mid-Market Group Benefits Survey.
05/20/12 Median sale prices for residential homes in metro Detroit climbed to $70,000 in April from $59,000 in April 2011, according to data released by Farmington Hills-based Realcomp II Ltd. In a separate report, the Building Industry Association of Southeast Michigan said 264 single-family home permits were issued in Macomb, Oakland, Wayne and St.
05/20/12 Passers-by on Grand River Avenue and Rosa Parks Boulevard, near MotorCity Casino, will now see paintings by street artists --- including one of an overweight Captain America.
05/20/12 Freudenberg Sealing Technologies has named Bradley Norton president of Freudenberg-NOK Sealing Technologies, Plymouth, its Americas joint venture between Freudenberg & Co. in Germany and NOK Corp. in Japan. Norton had been speaker for the office of the chief executive.
05/20/12 Douglas Olander to managing director, Performance Improvement LLC, Southfield, from president and COO, Caparo Vehicle Components Inc., Novi.
05/20/12 ESD Master Series: Effective Writing Techniques for Engineering and Technical Professionals. 8 a.m.-noon. Engineering Society of Detroit. With ESD Institute director Christopher Webb. ESD Headquarters, Southfield. $75 ESD members, $99 nonmembers or $153 to attend and join ESD at a 50 percent discount on first year's membership. Contact: Leslie Smith, (248) 353-0735, ext. 152; email: lsmith@esd.org; website: www.esd.org.
05/20/12 Lately I have been hearing a lot of glowing reports about how Michigan and Detroit are on the comeback trail.
05/20/12 The assessment Michigan drivers pay for medical benefits to those severely injured in vehicle accidents is going up by $30 a year on July 1. Proponents of two bills to change Michigan's no-fault insurance law doubtless hope that will be an incentive for legislators to act.
05/20/12 Detroit's Workforce Development Board unanimously voted Friday to implement a project that will move workforce development functions to a nonprofit.
05/20/12 As deadlines loom, it is unclear if a set of financial safeguards will be in place for the city of Detroit's next budget.
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