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Business Spotlight: Shinola
Business Spotlight Shinola Shinola is a Detroit-based company known for producing high-quality, American-made luxury goods. Founded in 2011, Shinola gained fame for its beautifully crafted
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Sun Holdings Acquires Bar Louie Amid Challenges
News Summary Dallas-based Sun Holdings has acquired casual dining chain Bar Louie following its Chapter 11 bankruptcy filing. This move comes just seven months after
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BUSINESS NEWS
Detroit Pistons Trade Jaden Ivey to Chicago Bulls
Detroit, Michigan, February 6, 2026 The Detroit Pistons have traded guard Jaden Ivey to the Chicago Bulls as part of a three-team deal that also includes the Minnesota Timberwolves. In return,...
Pizza Hut to Close 250 U.S. Locations Amid Strategic Review
Detroit, MI, February 6, 2026 Pizza Hut, the iconic pizza chain, is set to close 250 locations across the United States in a strategic move by its parent company, Yum Brands....
Democrats Urge Rejection of Fuel Economy Standard Rollback
Detroit, MI, February 5, 2026 A coalition of 80 Democratic lawmakers is calling for the Trump administration to reconsider proposed changes that could lower fuel economy standards. Critics argue that the...
Ford and Geely Explore Manufacturing Partnership in Europe
Detroit, Michigan, February 5, 2026 Ford Motor Company is in talks with China’s Zhejiang Geely Holding Group to establish a manufacturing partnership in Europe. The collaboration would utilize Ford’s underutilized Valencia...
Mayor Mary Sheffield Drives Change in Detroit’s Leadership
Detroit, February 5, 2026 In her first month in office, Mayor Mary Sheffield prioritizes initiatives targeting violence, poverty, and public services in Detroit. Notable policies include the Rx Kids program expansion,...
Lear Corporation Expands Footprint with Major Contracts
Southfield, Michigan, February 5, 2026 Lear Corporation has secured significant contracts, including a major seat assembly contract for a prominent truck program from an American automaker. This achievement marks the largest...
Urban Science Leadership Transition: Jim Anderson Retires, Tom Longo Takes Over
Detroit, Michigan, February 5, 2026 Jim Anderson, founder and CEO of Urban Science, has retired after 49 years, appointing Tom Longo as his successor. Urban Science, a leading automotive consultancy, has...
Merit Financial Advisors Expands into Michigan Market
Southgate, February 5, 2026 Merit Financial Advisors, a Georgia-based firm, is set to expand its operations into the Detroit area following the acquisition of TL Financial Group in Southgate. With this...
Utilidata Relocates Headquarters to Ann Arbor, Michigan
Ann Arbor, Michigan, February 5, 2026 Utilidata, a leader in embedded AI for power infrastructure, has moved its headquarters to Ann Arbor, Michigan, and opened a new innovation lab. This 15,000-square-foot...